digital currencies exchange business Top See results about

Bitcoin rose 5.00% in the day and is now reported at $101,492/piece.Public offerings frequently employ conservative products of fund managers to seek attack. Driven by the positive sentiment in the stock market, many fund companies have recently strengthened the "share" of products and the layout of specific tracks by hiring more aggressive fund managers. The reporter noted that in the announcements of hiring fund managers by many fund companies, the importance of product "stock" and high flexibility track was highlighted. For example, some conservative funds hire fund managers who like high positions, some funds who buy dividend resources stocks hire internet fund managers, and some funds hope to strengthen the layout of hard technology and hire semiconductor fund managers. The insiders believe that Public Offering of Fund's offensive features in hiring more fund managers are related to his judgment on the positive rebound in the stock market. Many fund companies stressed that even if the market outlook index is average, structural opportunities will be highlighted and the profit-making effect will not decrease, which may be a market feature for a long time to come. (Securities Times)Peter Orsag, CEO of Lazard Financial Consultant: We will turn to an environment where antitrust agencies will not have instinctive aversion to large technology companies. We see that many private equity activities are increasing.

Iranian President expressed his willingness to expand cooperation with Turkey in various fields. Iranian President Pezexizhiyan said on the 11th that Iran is willing to expand cooperation with Turkey in various fields. According to the statement issued by the Iranian Presidential Palace, when meeting with visiting Turkish Trade Minister Borat in Tehran on the same day, Pezehiqiyan said that Iran will continue to firmly cooperate with Turkey and is willing to expand relations and cooperation with Turkey in various fields. He also stressed the necessity of implementing the bilateral agreements signed before.Dollar deposits and wealth management are popular again. Experts suggest paying attention to exchange risk. Although it is in the cycle of interest rate reduction by the Federal Reserve, dollar deposit products are still attractive to investors. Since December, a number of bank wealth management subsidiaries have intensively put on shelves US dollar wealth management products. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. In addition, although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. According to industry insiders, under the Fed's interest rate cut cycle, the main reason for the high heat of dollar wealth management and dollar deposits is the exchange rate expectation of a strong dollar. If the market expects the US dollar to appreciate or remain stable, holding US dollar assets (such as US dollar wealth management and US dollar deposits) can benefit from the potential exchange rate appreciation even if interest rates fall. In addition, in order to diversify risks, some investors choose to allocate part of their funds to US dollar assets to realize diversification of asset allocation. (Securities Daily)During the year, A-share companies threw out nearly 1,000 single and medium-term cash dividend plans. According to Wind statistics, as of December 11th, 940 listed companies have thrown out 994 single and medium-term cash dividend plans this year, with the number of them increasing by 269.41% year-on-year. The total amount of dividends involved was 667.519 billion yuan, a year-on-year increase of 166.24%. Among them, 791 orders have been implemented, and dividends have reached 360.768 billion yuan; 203 single pending implementation, the total amount of dividends to be paid is 306.751 billion yuan. The researchers said that the active mid-term dividends of listed companies are conducive to enhancing investors' sense of gain and boosting investors' confidence. In addition, stable dividends can provide stable income, reduce investment risks, and help promote the formation of value investment concepts and long-term investment concepts. (Securities Daily)

The central government has decided to adjust the fiscal policy for next year: increase the deficit, special national debt and special debt quota. According to CCTV news broadcast, the Central Economic Work Conference was held in Beijing from December 11th to 12th. When deploying the fiscal policy for next year, the meeting said that it is necessary to implement a more active fiscal policy, improve the fiscal deficit ratio, increase the issuance of ultra-long-term special government bonds, increase the issuance and use of local government special bonds, optimize the fiscal expenditure structure, and firmly grasp the bottom line of "three guarantees" at the grassroots level. According to the above-mentioned meeting arrangements, in 2025, deficit ratio will exceed 3%, ultra-long-term special national debt will exceed 1 trillion yuan, and the amount of new special debt will also exceed 3.9 trillion yuan. This means that fiscal policy will be more active next year. This is also in line with market expectations. A number of interviewed finance and taxation experts predict that deficit ratio may be 3.5%~4% next year, the ultra-long-term special national debt is expected to be 1.5 trillion yuan to 2 trillion yuan, and the amount of special debt is expected to be around 4.5 trillion yuan. Of course, this is only an expert's prediction or suggestion, and the final actual relevant data still needs to be announced during the National People's Congress in March next year. (CBN)Securities Daily: Vigorously boosting consumption is the focus of macro-policy at present. The the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on December 9 pointed out that it is necessary to vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions. At present, China is in the stage of rapid growth of service consumption. In the future, all parties should continuously optimize and expand service supply, better stimulate the endogenous kinetic energy of service consumption, and provide strong support for expanding domestic demand and stimulating the economy. Promoting consumption is the main starting point for expanding domestic demand, and boosting consumption is the focus of macroeconomic policy. We firmly believe that with the continuous efforts of various policy initiatives, consumer confidence will continue to increase and consumption potential will continue to be released.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.