NASDAQ China Golden Dragon Index closed down 0.74%, NASDAQ China Golden Dragon Index closed down 0.74%, most popular Chinese stocks fell, Tencent Music fell more than 5%, JD.COM fell more than 3%, Xpeng Motors fell more than 2%, and Bali, Weilai and Pinduoduo fell more than 1%. In terms of gains, Tiger Securities rose more than 3%, while Youdao and Gaotu rose more than 1%.The Brazilian real rose to 1.6% against the US dollar.The rate of return of the money fund has reached a record low. Since December, the rate of return of the money fund has continued to decline. The annualized rate of return of Tianhong Yubao Money Fund, the largest, fell below 1.27% on the 7th, hitting a record low. According to industry insiders, the recently released "Self-discipline Initiative on Optimizing the Self-discipline Management of Non-bank Interbank Deposit Interest Rate" has a great impact on the Monetary Fund, and the superimposed interest rate is at a low level, and the yield of the Monetary Fund may continue to decline. As the income decreases, funds will look for new directions for allocation. (SSE)
Yibin Paper: There is uncertainty in the acquisition of 67% equity of Acetic Fiber Company. Yibin Paper issued a risk warning announcement, and the company plans to acquire 67% equity of Sichuan Pushi Cellulose Acetate Co., Ltd. held by related party Yibin Pushi Group Co., Ltd. As of July 31, 2024, according to the audited financial data, the total liabilities of Acetic Fiber Company were 971,116,800 yuan, and the asset-liability ratio was 88.31%. It is expected that related funds will flow out in the future. The transaction has yet to be reviewed and approved by the company's shareholders' meeting and procedures such as handling industrial and commercial change registration, and subsequent implementation is uncertain. According to the data released by CSI official website, the latest P/B ratio of papermaking and packaging owned by the company is 1.69 times, and the latest P/B ratio of the company is 8.43 times. The current P/B ratio of the company is quite different from that of the same industry.Euronext: Due to an accident in the waterway, the delivery point of its February 2025 rapeseed futures (COMG5) contract along the Mosel River will be unavailable until further notice.Bank of America promoted 387 new managing directors, an increase of 16% compared with last year. According to informed sources, Bank of America promoted 387 employees to managing directors, an increase of 16% compared with last year's total. People familiar with the matter said that more than half of those promoted to managing director were women or ethnic minorities.
Morgan Stanley upgraded the rating of Jingao Technology to over-allocation, with a target price of RMB 27.36. Tongwei shares will be upgraded to overweight with a target price of RMB 39.53.The scale is 3 billion yuan! Zhengzhou Investment and Education Fund was put on record. On December 11th, Zhengzhou High-tech Zone's first fund to support the investment promotion of major projects-"Zhengzhou Investment and Education Equity Investment Fund" was put on record in asset management association of china, with a scale of 3 billion yuan, with Zhengzhou High-tech Industry Investment Fund Co., Ltd. as the fund manager (GP). (Dahe Finance Cube)Meta Platforms(META.O): One million dollars has been donated to the inauguration fund of President-elect Trump.
Strategy guide
12-14
Strategy guide
Strategy guide 12-14