Fed Cuts Rates, Surprising Magnitude!
Just moments ago, at 2 a.m. on September 19th Beijing time, the Federal Reserve announced a rate cut of 50 basis points!After the rate cut, the target range for the federal funds rate is between 4.75%...
Cut Reserve Ratio, Interest Rates, Mortgages; Support Stock Market
Just moments ago, a super blockbuster news was announced.The central bank governor, Pan Gongsheng, at the press conference held by the State Council Information Office today (September 24, 2024) in th...
Navigating Peak Summer: China's Energy Transition Enters Systematic Era
The "big exam" for the energy industry is not over yet.After the beginning of autumn, the heat gradually fades, and the "peak-meeting summer" exam can finally come to a pause.This summer, high tempera...
Will Existing Mortgages Really Drop? To Encourage Spending, Banks May Suffer
I never expected that the place with the most spending power in all of China would also begin to cut back on expenses.In June of this year, the total retail sales of consumer goods in first-tier citie...
Popular Stock: Public Transportation Soars Over 200%, Becomes "Public Darling"!
On July 26th, the leading player in the "ride-hailing" sector, Da Zhong Transportation (600611.SH), continued to soar by 7.8%, closing at 8.43 yuan per share, with a market value reaching 19.93 billio...
Haier 40 Years: Confidence for Chinese Enterprises Going Global
Recently, the 2024 IFA Consumer Electronics Show in Berlin, Germany, has opened.As the world's largest and most influential international exhibition for audio-visual and consumer electronics, IFA orig...