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CATL’s US factory enters final review, will it supply BMW and Ford? company response

According to Reuters news on May 6, the global power battery leader Ningde Times New Energy Technology Co., Ltd. (300750, hereinafter referred to as Ningde Times) has entered the final review stage for the site selection of the US power battery factory. CATL’s U.S. plant will reportedly supply BMW and Ford, with potential locations including Kentucky and South Carolina. BMW has an auto plant in South Carolina and Ford has.. Read More

Central Bank: Loans for real estate development increased more than the previous quarter in the first quarter, and personal housing loan interest rates fell

The new record of 8.34 trillion yuan in loans in the first quarter was clearly targeted. The “Statistical Report on Loan Investment of Financial Institutions in the First Quarter of 2022” released by the People’s Bank of China on May 6 shows that real estate development loans have increased month-on-month, and personal housing loan interest rates have fallen . The report shows that at the end of the first quarter.. Read More

The real estate sector generally fell: more than 50 A shares fell by more than 5%, and many Hong Kong stocks fell by more than 10%

On May 6, the A-share market opened lower and moved lower, with the real estate sector leading the decline. Wind information data shows that as of the close of the day, the real estate sector as a whole fell by 4.79%, and individual stocks generally fell. Among them, Zhonghua Enterprise (600675.SH), Hualian Holdings (000036.SZ), Tiandiyuan (600665.SH), China Wuyi (000797.SZ), Everbright Jiabao (600622.SH) and others fell by the limit. At the.. Read More

The day after the Fed raised interest rates, the Dow dropped thousands of points. What is the market panicking about? The bear market has just begun?

On May 5, local time, panic selling emerged in the U.S. stock market, with the three major stock indexes completely giving back their gains from the previous day. The Dow fell nearly 1,400 points during the session. As of the close, the S&P 500 fell 3.56% to 4146.87 points; the Nasdaq fell 4.99% to 12317.69 points; the Dow Jones fell 3.12% to 12317.69 points 32997.97 points. Both the Dow and.. Read More

Exclusive|Shanghai 2022 version of “Shanghai Huibao” premiums may be adjusted, product plans are being submitted for approval

In the blink of an eye, it has been one year since the “Huhuibao” was launched in April last year, and the new year’s insurance window period is approaching. On May 6, the reporter learned from a number of people familiar with the matter that the 2022 version of Shanghai’s urban customized commercial supplementary medical insurance “Huhuibao” product plan is being submitted for approval , responsibilities and prices will be.. Read More

The day after the most aggressive interest rate hike in 22 years, U.S. stocks were bloodbathed: the Dow fell by a thousand points, the Nasdaq fell by nearly 5%

On May 5, local time, the day after the Federal Reserve raised interest rates by 50 basis points, U.S. stocks opened lower and moved lower, and the three major stock indexes suffered heavy losses. As of the close of the day, the Dow fell 3.12%, It fell more than 1,000 points to 32,997.97 points; the Nasdaq fell 4.99% to 12,317.69 points, erasing the gains since May and was the lowest.. Read More

Many places have worked overtime on May 1 to issue new policies, and the house price of some real estate has dropped by thousands of yuan per flat.

For the real estate industry, “May Day” has never been a holiday to relax, but a golden week for performance in the first half of the year. Especially in May of this year, the urgency of developers to withdraw funds and the frequent relaxation of policies in the property market have stimulated the enthusiasm of buyers? Data map: Real estate under construction. Photo by China News Agency reporter Zhang Bin.. Read More

Securities Daily’s front-page comment: The heavy meeting continued to sound, boosting investment confidence in the capital market

Recently, with the coordinated efforts of the policies to stabilize growth, the Political Bureau of the CPC Central Committee, the Central Finance and Economics Commission, the Central Bank, the China Securities Regulatory Commission, and the China Banking and Insurance Regulatory Commission have all released positive signals to “escort” the capital market and boost investor confidence. On the eve of the opening of the A-share market after the May 1st holiday,.. Read More