offshoreRMBThe exchange rate against the U.S. dollar rose aboveRMB 7.17 yuan mark, up nearly 470 points, onshoreRMBSynchronous appreciation. Hong Kong’s Hang Seng Technology Index rose 2% intraday on Monday, and the Hang Seng Index rose 1.6%. The three major indexes of the A-share market also rose. Fiona Lim, senior foreign exchange analyst at Malayan Banking, … Read more
U.S. stocks closed slightly higher on Friday, with the Dow Jones Industrial Average rising 0.01%, the Nasdaq Composite Index rising 0.08%, and the S&P 500 rising 0.13%. A series of economic data released recently showed that U.S. inflation has cooled and economic growth has also slowed, strengthening investors’ expectations that the Federal Reserve has ended … Read more
On November 18, the 2023 national medical insurance negotiations entered the second day. AstraZeneca,Hengrui Medicine（600276）、Fosun Pharma（600196）、Kelun Pharmaceutical(002422) and other well-known pharmaceutical companies appeared. AstraZeneca Vice President Huang Bin, who has led many teams in medical insurance negotiations, appeared again. He told The Paper that only one drug was discussed. Representatives of pharmaceutical companies walk out … Read more
In October 2023, the sales price of commercial housing in 70 large and medium-sized cities decreased month-on-month, and the number of cities increased slightly. The sales price of commercial housing in cities in all tiers fell month-on-month, with mixed increases and decreases year-on-year. 1. Sales prices of commercial residential buildings in various tiers of cities … Read more
Early on Tuesday morning local time in Portugal, a large number of law enforcement officers swarmed into facilities including the Prime Minister’s official residence and multiple government departments to conduct raids. A few hours later,Portuguese Prime Minister Antonio Costa announced his resignation in a nationally televised speech. Affected by this news, Portugal’s PSI20 index weakened … Read more
The 19th World Comics Convention, known as the “Olympics” of the global comics industry, opened for the first time on the evening of the 4th in Anyang, Henan, the “hometown of oracle bones”, with attendees from more than 10 countries and regions including China, Japan, South Korea, Singapore, Malaysia, and Belgium. More than 600 cartoonists … Read more
According to Sinopec’s news on the 4th, during the Sixth China International Import Expo, Sinopec and Qatar Energy Company signed an integrated cooperation agreement for the second phase of the Northern Gas Field Expansion Project (NFS), including a 27-year long-term liquefied natural gas (LNG) Purchase and sale agreement and upstream equity participation agreement. According to … Read more
The Central Financial Work Conference deployed financial work for the current and future periods and clarified the “keywords” for capital market reform, including activating the capital market, promoting the deepening and solidification of the stock issuance registration system, improving the multi-level market system, and promoting the improvement of listings. Company quality, cultivating first-class investment banks … Read more
Data released by the China Federation of Logistics and Purchasing on November 2 showed that China’s logistics industry prosperity index was 52.9% in October 2023, down 0.6 percentage points from the previous month. The total business volume index pulled back slightly, but continued to remain in the expansion range. In terms of industries, the total … Read more
The policy address announced measures to reduce the intensity of the property market and stimulate second-hand transactions. A three-bedroom apartment with sea views in Monterey, Tseung Kwan O, was recently sold for NT$19.68 million, with a transaction price of NT$21,139 per square foot. The owner has been selling goods for 4 years and left with … Read more