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Economic Daily Jin Guanping: Stabilize the fundamentals of foreign trade and foreign investment with a high level of opening to the outside world

When analyzing and studying the current economic situation and economic work, the Politburo meeting of the CPC Central Committee held recently pointed out that it is necessary to adhere to the expansion of high-level opening up, actively respond to the demands of foreign-funded enterprises to facilitate business in China, and stabilize the fundamentals of foreign trade and foreign investment. Faced with the complicated domestic and international economic situation, this year’s.. Read More

The minimum unit price of nucleic acids and antigens is less than 4 yuan. Is the “laying and earning” period of new crown testing over?

“In the beginning of the epidemic, it cost 200 yuan to do a nucleic acid at your own expense, and each time you finished it, you kept the invoice to see if it could be reimbursed. Later, the price continued to drop, first more than 100, and then to double digits, and you can do it once for 30 to 40 yuan. , and will not be particularly concerned about.. Read More

Faraday Future: Net loss of 300 million US dollars in the third quarter of last year, will still deliver FF91 as scheduled

Faraday Future (Faraday Future, hereinafter referred to as FF), which has been slow to hand over its financial report, finally released its “transcript” for the third quarter of last year. On May 7, Faraday Future (Nasdaq: FFIE) released its financial report for the third quarter ended September 30, 2021. In the third quarter, FF had a net loss of 304 million U.S. dollars, compared with a net loss of $33.. Read More

Institutional forecast: April CPI may rise to about 2% year-on-year, and PPI will continue to fall year-on-year

The National Bureau of Statistics will release April consumer price index (CPI) data and industrial producer price index (PPI) data in the near future. Many institutions predict that due to the rising prices of vegetables, pork and other foods, the CPI in April will rise slightly year-on-year, or about 2%. Due to the continuous efforts of domestic measures to ensure supply and stabilize prices, it is expected that the PPI.. Read More

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