Some large institutional investors are shifting their sights from artificial intelligence chipmaker NVIDIA to the head cryptocurrency ETF, with data showing that Millennium Management's Israel Englander reduced its stake in NVIDIA by 12.5% in the third quarter of 2024. Capula Managment's Yan Huo decreased by 27.7% in the third quarter. Meanwhile, the two high-profile billionaire investors increased their holdings in bitcoin through BlackRock IBIT, where Englander increased its IBIT holdings by 1...
US Inflation vs. Federal Reserve Rates: Summary of Investment Bank Expectations 2025
On January 12, 2025, Pan Gongsheng, Governor of the People's Bank of China, met with Du Jiaqi, Chairperson of HSBC Group, Howard Wilkes, Chairperson of Standard Chartered Group, and David Schwimmer, CEO of London Stock Exchange Group, who came to Beijing to attend the 4th China-UK Financial Services Summit. The parties exchanged views on the global economic and financial situation, China's macroeconomic and financial policies, and China-UK financial cooperation.
On January 5th, the Shanghai Stock Exchange recently held a symposium for foreign institutions to have in-depth exchanges with representatives of 8 foreign institutions and fully listen to opinions and suggestions. The person in charge of the Shanghai Stock Exchange pointed out that the Shanghai Stock Exchange will unswervingly deepen the opening up of the capital markets to the outside world, and welcome suggestions and suggestions from foreign institutions to jointly promote the further compre...
On January 5th, on January 4th, the Shenzhen Stock Exchange held a symposium for foreign institutions to listen to opinions and suggestions on the recent situation of the class A share market. The relevant person in charge of the Shenzhen Stock Exchange, 8 foreign securities fund institutions, QFII institutions and asset management institutions participated in the symposium. The relevant person in charge of the Shenzhen Stock Exchange said that foreign institutions are important participants in ...
On December 31st, the China Securities Supervision Commission and the People's Bank of China co-opted 20 participating institutions on the basis of the first batch of 20 participating institutions, and formed a pool of 40 alternative institutions according to conditions such as classification evaluation and compliance risk control. During each batch of operations, about 20 institutions were selected to participate in the People's Bank of China's invited tenders operation according to the scale o...
Jonathan Krinsky, analyst at investment firm BTIG: US stocks may continue to rise until the end of the year, pushing the S & P 500 to a new high above 6,100. However, looking ahead to January, market volatility will reappear. If the S & P 500 does hit a new high, there will be a huge deviation in terms of breadth and momentum, which is another red flag as we enter January.
The French financial marekt regulator Autorité des Marchés Financiers (AMF) has approved HEXARQ SAS to provide trading services and cryptocurrency custody.
CryptoQuant said that institutional investors want more Ethereum, and this demand could push the token's price above $5,000 for the first time. According to a new report, Ethereum could soon break through $5,000 due to increased institutional demand, which would mark an all-time high for the second-largest cryptocurrency by market cap. Not only that, but on-chain activity is also active, CryptoQuant said. The firm said in a report on Thursday that inflows into new ETH exchange-traded funds (E...
The leaders of two major Wall Street regulators may both be friendly to the crypto community!
The Central Bank of the Philippines (BSP) said recently that it has completed a proof-of-concept trial of its Agila Project Wholesale Central Bank Digital Currency (wCBDC) with other Financial Institution Groups. Specifically, the latest trial tested whether banks in the Philippines can make payments to each other outside banking hours such as evenings, weekends, and holidays. BSP Governor Eli M. Remolona, Jr., said: "Wholesale CBDCs have the potential to enhance liquidity management, reduce set...
Ten institutions recently completed a simulation trial of the Regulated Settlement Network (RSN), exploring the use of a shared DLT network to settle tokenized transactions. This is an extension of a previous trial of the Regulated Liability Network conducted last year, which included tokenized commercial bank currencies and tokenized central bank currencies on the same network. This time, tokenized government bonds and investment-grade bonds were also on a shared ledger, enabling cash on delive...
The Ministry of Finance has publicly solicited opinions on the Measures for the Supervision and Administration of the Evaluation of State-owned Assets of Financial Institutions Groups.
"Yongxing-Guofu-Ningbo Intellectual Property Phase 1 Asset-backed special project plan (specialization and special new) ", which is managed by Yongzheng Asset Management and Yongxing Securities as a sales organization, held a listing ceremony on the Shanghai Stock Exchange. The first issue scale is 138 million yuan, the issuance period is 1 year, the coupon rate is 2.2%, and the product priority debt rating is AAA. It is the first intellectual property securitization product in the form of digit...
On November 12, according to the Washington Post, US President-elect Donald Trump is preparing for the US government to take a more lenient stance on cryptocurrencies. He is looking for candidates for key positions that are friendly to the crypto industry, while his senior advisers consult with crypto executives on potential changes in federal policy. Initial discussions have focused on a range of financial regulators, including the Securities and Exchange Commission. According to five people fa...