A shares of Dong'an Power and Hunan Tianyan rose by the daily limit, Changan Automobile and Great Wall Military Industry opened higher, and the indirect controlling shareholder Weapon Equipment Group is planning a reorganization.
On December 27th, the Executive Committee of Hengqin Guangdong-Macao Deep Cooperation Zone, the Administration Bureau of Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, the People's Government of Nansha District, Guangzhou, and the People's Government of Bao'an District, Shenzhen jointly signed the "Framework Agreement on Mutual Recognition of Intelligent Connected Vehicle Demonstration Application Pilot" in Nansha, Guangzhou this morning. According to the agreement...
On December 26, the Ministry of National Defense held a regular press conference. Zhang Xiaogang, the spokesperson of the Ministry of National Defense, said that China has never intended to challenge anyone, and the biggest enemy of the United States is himself. The relevant US bill exaggerates the so-called "China's military threat", makes excuses for increasing military spending and maintaining hegemony, grossly interferes in China's internal affairs, and endangers world peace and stability. W...
Sam Altman, OpenAI's chief executive, wrote that the company had vastly underestimated the need for Sora; it may take some time before everyone can access the model, adding that it was looking at ways to expand access as quickly as possible.
November 21st news, recently, affected by the continuous release of various favorable real estate policies, the land market in some cities has begun to become active. Shanghai, Chengdu, Guangzhou, Hangzhou and other places, the sale of some land plots has frequently attracted the participation of private real estate enterprises. Niu Sanyuan, deputy director of the Real Estate Research Office of the Market Economics Research Institute of the Development Research Center of the State Council, said ...
On November 8th, Minister of Finance Lan Foan introduced at the press conference of the 12th meeting of the Standing Committee of the 14th National People's Congress held on November 8th that starting from 2024, our country will arrange 800 billion yuan from the new local government special project bonds every year for five consecutive years, which is specially used for chemical bonds, and the accumulated replaceable hidden debt is 4 trillion yuan. Coupled with the 6 trillion yuan debt limit app...
Thomas Hayes, chairperson of Great Hill Capital, said that the key to the Fed's interest rate decision going as planned this time around is that they act according to market expectations despite the poor election result. Because if they withdraw their interest rate cut expectations, they will be considered politically influenced. So they are basically saying, number one, they are a non-political organization and they will act according to plan; second, they fully recognize the dual risks associa...
Trump tweeted, I want to wish our great bitcoin enthusiasts, Satoshi Nakamoto, a happy 16th anniversary of the Bitcoin white paper. We will end Harris' war on cryptocurrencies, bitcoin will be made in the USA, vote for Trump.
Victor Yu, chief executive of the Hong Kong Monetary Authority, said that "there will be good news to share soon" on connectivity, the Greater Bay Area, and fintech, and will announce the progress of new fintech projects at the Hong Kong Fintech Week 2024 at the end of the month. On the importance of developing tokenization in Hong Kong, Yu Weiwen said that if Hong Kong can become a pioneer of tokenization development and take the lead in forming a mature technology, operation and issuance syste...
On September 16th, bond traders once again believe that the probability of Federal Reserve policymakers cutting interest rates by 50 basis points at this week's meeting is greater than 25 basis points. Swap pricing related to the Fed's interest rate decision shows that the probability of the Fed cutting interest rates by 50 basis points is more than 50%. This has pushed the yield of US 2-year Treasury bonds back to its lowest level in two years and dragged the dollar index to its lowest level si...
Great Wall Motor sold 94,461 vehicles in August.
On August 29th, Great Wall Motor (02333.HK) achieved revenue of 91.429 billion yuan in the first half of 2024, a decrease of 1.32% year-on-year; net profit attributable to shareholders 7.08 billion yuan, an increase of 419.99% year-on-year.
Vlad Tenev, CEO of Robinhood, has highlighted the huge efficiency advantages of blockchain and tokenization. Tenev believes that the next transformation in financial services will be that more and more traditional financial products will enter the blockchain, where they will be traded and hosted. Some observers speculate that Robinhood may launch a stablecoin, as Tenev mentioned that people overseas want to use US dollars, and stablecoins are the easiest way to achieve this goal. This may make s...