News list for "Expert"
On January 24th, the exchange rate of the RMB against the US dollar rose sharply, recovering the 7.24 yuan mark during the session. "The sharp rise of the RMB exchange rate is mainly affected by the news." Pang Ming, a special senior researcher at the National Financial and Development Laboratory, said that the market generally hopes that the uncertainty of the external environment will be reduced, which makes the RMB exchange rate supported in sentiment and fundamentals. The key to stabilizing ...
Luo Zhuojian, a member of the National Committee of the Chinese People's Political Consultative Conference and a consulting expert of the Ministry of Finance, issued a document calling for the active development of stablecoins to protect the advantages of Hong Kong's financial center. He pointed out that Hong Kong can cooperate with Financial Institution Groups in other regions in the application of stablecoins to explore its potential in international settlement and cross-border application mod...
On January 10, Dong Ximiao, chief researcher of China Merchants Finance, said that the People's Bank of China announced the suspension of treasury bond purchases, which will help balance the supply and demand relationship in the treasury bond market. Treasury bond purchases are an important way for the People's Bank of China to release liquidity, but the suspension of treasury bond purchases does not mean that market liquidity is tightened. It is expected that in the next step, the People's Bank...
François Chollet, a well-known AI expert and the father of Keras, said in a post on X that there is one very important thing to know about the future: the economics of artificial intelligence are about to revolutionize. We will soon enter a world where test time calculations can be turned into capabilities - for the first time in the history of software, marginal cost will become critical.
1. Experts: Canceling the public stall is an important work next year. 2. Central Rural Work Conference: Proceed in an orderly manner to extend the pilot for another 30 years after the expiration of the second round of land contracts. 3. Beijing housing rent deposit has been included in the supervision of 230 million yuan, and the tenant rent refund deposit has been synchronized to the account. 4. Middle finger Research Institute: In 2025, the real estate market as a whole may still be in the bo...
The Fed may not have as much room to cut interest rates as it thought, and central banks would be well advised not to cut rates again in December, Bill Egan, an asset management bond specialist at JPMorgan Chase, warned markets ahead of the Fed's next meeting. That's because there are some signs that the U.S. economy is starting to heat up again, he added, including strong GDP growth, slightly better-than-expected inflation data last month, and record stock prices. Wage, services, and housing in...
At the Emergence conference hosted by The Block, experts discussed the impending "renaissance" of the stablecoin industry. Regional stablecoins will rise rapidly with the implementation of the European Crypto Asset Market Regulatory Framework (MiCA) and the assumption of pro-crypto politicians in the United States. Vishal Gupta, a former Circle executive, pointed out that the stablecoin market will shift from a dollar-dominated landscape to diversified development, such as stablecoins backing th...
Extreme content Pump.fun could spark criminal investigations and civil lawsuits, a legal expert has warned. Its live-streaming feature appears to be turning into a platform for developers to stream extreme shock content to promote their tokens - which could lead to civil or criminal lawsuits, according to legal experts. From suicide threats and animal cruelty to pornography, developers who push the boundaries face few consequences other than the removal of their content. Meanwhile, industry play...
On November 20th, following the sharp decline in the loan market quotation rate (LPR) in October, the two-term variety in November "stayed put" as scheduled. The analysis believes that, in view of the current LPR pricing basis remains stable, the bank interest rate is under pressure and there is no downward pressure, and this month's quotation is stable in line with expectations; looking ahead, due to the previous series of policy effects are still emerging, there is no urgent downward pressure ...
On November 13, it was reported that in the last two months of this year, the finance department will take multiple measures to supplement financial resources, ensure various key expenditures, and strive to complete the annual budget targets. Experts and scholars believe that the incremental fiscal policy to support the real estate market is "on the horizon". It is possible to start the issuance of land purchase and storage bonds within the year, and the relevant tax policies to support the real...
Vinay Gupta, a technologist who helped coordinate the launch of Ethereum, said he is seeking to push a sensible crypto policy towards President-elect Donald Trump's transition team. In addition, inspired in part by Trump's landslide victory on Election Day, Gupta is considering moving himself and his team at UK-based blockchain company Mattereum to the US. He added: "We plan to move people (including me) to Washington DC soon to help the US...
On November 6th, the industry believes that the extension of trading hours of major stock exchanges around the world is becoming a trend, which will help to enhance the active level of the market and global competitiveness. In August last year, the relevant person in charge of the China Securities Supervision Commission answered a reporter's question on activating capital markets and boosting investor confidence, saying, "Study the appropriate extension of the trading hours of the class A share ...
On November 5th, with the US election approaching, many experts believe that the probability of Trump's election will increase. According to analysts, if Trump is re-elected, it may bring favorable policies and further promote the upside potential of the cryptocurrency market, especially SOL. SOL has attracted the attention of investors because of its high efficiency, security, low cost and other characteristics, and is regarded as an important project in the blockchain field. A senior market an...
On November 1st, Niu Xinchun, a professor at the Chinese Institute of Arab States at Ningxia University, said that it is not the Lebanese government that is at war with Israel, but Hezbollah in Lebanon, and Israel must negotiate with Hezbollah in Lebanon. Therefore, Hezbollah's statement in the next few days may have an important impact on the negotiations. Hezbollah will definitely have different opinions on this plan proposed by the United States. So far, Hezbollah has not made a statement. Bu...
On October 29th, the article said that in order to ease the pressure of local governments' debt, the Ministry of Finance plans to "increase the large-scale debt limit at one time to replace the local government's stock of hidden debt", which will be the largest localized debt measure in recent years. Minister of Finance Lan Foan called it a policy "timely rain". According to the interviewed experts, the scale of the new round of debt replacement may reach 6 trillion to 10 trillion yuan. Local go...
7x24 Newsflash
Hot News
