Alibaba-backed Xpeng announced Tuesday it secured a credit line of 12.8 billion yuan from institutions including three of the "big five" state-owned banks.
Morgan Stanley has become less bullish on Chinese stocks, downgrading a major index which also tracks Chinese stocks listed overseas and off the mainland.
The U.K. said patients receiving the drugs, typically used to treat rheumatoid arthritis, "left intensive care between 7 to 10 days earlier on average."
The identification of a new Covid variant comes as countries scramble to contain two other contagious strains that have emerged in the U.K. and South Africa.