On January 24th, TCL Central announced that it is expected that the net loss attributable to shareholders of listed companies in 2024 will be 8.20 billion yuan to 8.90 billion yuan, and the profit will be 3.416 billion yuan in the same period of the previous year; the net profit loss after deducting non-recurring profits and losses will be 9.20 billion yuan to 9.90 billion yuan, and the profit will be 2.575 billion yuan in the same period of the previous year; the basic earnings loss per share w...
Data from decentralized options exchange Deribit shows that as much as $6 billion of nominal value will expire or have no value when the contract closes at 08:00 UTC on January 31st. Fully 50% of these are put options, which give the holder the right, but not the obligation, to sell BTC at a predetermined price for a specified period of time. Bitcoin (BTC) options worth about $7.80 billion are set to expire at the end of this month, with hopes of achieving profitability as the largest cryptocurr...
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
The Bank of Japan is widely expected to raise its base rate to 0.5 per cent on Friday, with the 25 basis point increase the largest since February 2007, adding to signs that Japan's economy is finally returning to normal. Two key points that Bank of Japan Governor Kazuo Ueda made clear last month when considering a rate hike have been largely clear. So far, the country's wages have risen...
On January 22nd, the European Central Bank Governing Council Knott said that the obstacles to another interest rate cut next week are very small. The data is encouraging and confirms that we will return to our target. (Golden Ten)
European Central Bank Governing Council Member Knott said there are few obstacles to another interest rate cut next week. The data is encouraging and confirms that we will be back on target and hope to see the economy recover before making further judgments. (Golden Ten)
January 21 news, in the fourth quarter of 2024, Central Huijin continued to increase its holdings of wide-based ETFs! Combined with the fund's 2024 mid-term report, three-quarter report, and four-season report, Central Huijin Investment Co., Ltd. spent 6.764 billion yuan to increase its holdings of 1.386 billion Harvest CSI 500ETF, holding Huatai Berry CSI 300ETF, E Fund CSI 300ETF and other core wide-based quantities remain unchanged. In addition, in the fourth quarter of 2024, a number of newl...
Decentralized Data Infrastructure announced the launch of the AI Agent Hub, which aims to solve the problem of interoperability and scalability of AI agents in different fields. By providing a unified entrance, the CESS AI Agent Hub aggregates and connects AI agents in industries such as healthcare, finance, science, and education, serving a variety of developers and AI enterprises. The CESS AI Agent Hub helps users efficiently connect with the most suitable AI agent services to achieve cross-do...
The Political Bureau of the Central Committee of the Communist Party of China held a meeting to review the "Comprehensive Report on the Listening and Study of the Work Reports of the Party Group of the Standing Committee of the National People's Congress, the State Council, the National Committee of the Chinese People's Political Consultative Conference, the Supreme People's Court, and the Supreme People's Procuratorate and the Work Report of the Central Secretariat" "Opinions on Comprehensively...
Bank of America has revised its forecast for the Bank of Japan to raise interest rates in January, or this week, from March. The bank now expects the BoJ to raise interest rates by 25 basis points to 0.50 per cent at its policy meeting this Friday. A rate rise in March had previously been BofA's preferred forecast because it gave the BoJ more time to assess the policies of the new US administration. However, strong price data and the possibility that the BoJ board will need to revise its inflati...
On January 19, the Central Committee of the Communist Party of China and the State Council issued the "Outline of the Plan for Building a Powerful Education Country (2024-2035) ". It proposes to improve the mechanism for discovering and cultivating top-notch innovative talents. Focus on strengthening the cultivation of innovation ability, implement the "Fertile Soil Plan" for primary and secondary school students to cultivate scientific literacy; implement the "Brightening Plan" for high school ...
On January 19, the Central Committee of the Communist Party of China and the State Council issued the "Outline of the Plan for the Construction of a Powerful Education Country". It is proposed that the layout of higher education should be modernized. Coordinate the development of universities affiliated to the central departments and local universities. Intensify the construction of high-level research universities and accelerate the application-oriented transformation of local universities. Sup...
On January 17, the Central Political and Legal Committee Chang An Jian issued a document on the WeChat official account, saying that the 2025 Central Political and Legal Work Conference pointed out that the Ministry of Justice should take the initiative to study and propose legislative proposals, and study new issues such as unmanned driving, low-altitude economy, artificial intelligence, virtual currency, and data ownership. It is reported that Chang'an Jian of the Central Political and Legal C...
Traders upped their bets that the ECB will cut rates by 100 basis points this year.
According to the Nikkei Shimbun, the vast majority of Bank of Japan board members are expected to support a rate hike next week.