FTSE China A50 index futures rose to 2%.State Grid Xintong: Signed a letter of intent for equity acquisition with the controlling shareholder. State Grid Xintong announced that the company reviewed and approved the Proposal on Signing a Letter of Intent for Equity Acquisition between the Company and the Controlling Shareholder on December 9, 2024, and signed a Letter of Intent for Equity Acquisition with the controlling shareholder Xinshuang Group. It is planned to acquire 100% equity of Yili Technology, a subsidiary of Xinshuang Group, by cash agreement. Including 59.3% equity of Fujian Yirong Information Technology Co., Ltd. and 100% equity of Fujian Yili Power Technology Co., Ltd., excluding 56% equity of Fujian Netenergy Technology Development Co., Ltd. and 57% equity of Jiangxi Siji Zhiyun Digital Technology Co., Ltd. What is signed this time is only an intentional agreement, and the specific implementation will be determined by all parties through further consultation after due diligence, auditing, asset evaluation and filing by the state-owned assets supervision and administration department. This transaction constitutes a connected transaction, but it does not constitute a major asset restructuring.The Syrian opposition, which is based in Turkey, said that Turkey is participating in the rescue of prisoners held in places such as Saeed Naya.
The bets on the Fed's interest rate cuts have increased substantially, driven by Morgan Stanley's blessing. With Morgan Stanley's blessing, the scale of bets on the Fed's interest rate cuts in December and January has increased significantly. The number of January and February contracts held by traders soared on Friday. Morgan Stanley strategists suggested buying the February contract in a report. "We believe that investors should prepare for the increase in the implied probability of a 25 basis point interest rate cut at the FOMC meeting on January 29th," the strategist led by Matthew Hornbach said in a report. Suggested methods for this layout include buying February federal funds contracts and receiving overnight index swap rates corresponding to the January meeting, they wrote.LME copper futures closed up $110 to $9,232/ton. LME aluminum closed down 0.16 USD to 2,588 USD/ton. LME zinc futures closed up $54 to $3,126/ton. LME lead closed down $4 to $2,068/ton. LME nickel futures closed down $51 to $15,996/ton. LME tin closed up $767 to $29,918/ton. LME cobalt was flat at $24,300/ton.Turkish President Erdogan: Turkey will let the Syrian people return to their homes with dignity. The dark period in Syria has ended and the light period has begun.
French Ministry of Interior: Measures are being taken to suspend Syrian asylum applications after the fall of Assad. We should be able to make a decision in the next few hours.Market information: The International Monetary Fund has reached an agreement at the staff level, allowing Ecuador to obtain a loan of about 500 million US dollars, but it needs to be approved by the statement of the board of directors of the organization.Report: Argentina's oil production is expected to rank among the top three in South America, and Argentina's oil production is expected to surpass Colombia, thus becoming the third largest oil producer in South America (after Brazil and Venezuela). Supported by the mercantilist policy of President Millay's government and other factors, the mining activities in Vaca Muerta shale oil producing area in Argentina have been accelerated. According to the us energy information administration (EIA), shale oil accounts for about 60% of Argentine oil production, and the overall oil production is expected to hit a new high in recent more than 20 years. On the other hand, the green energy plan has caused Colombia's oil production to continue to decline.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13