In the early morning of March 22, Beijing time, Fed Chairman Powell delivered a speech entitled “Restoring Price Stability” at the 38th Annual Economic Policy Conference of the National Association of Business Economics. Powell admitted that two years ago, more than 20 million people were unemployed, millions were sick, and their lives were disrupted. America has come a long way since then. The labor market is very strong today. However,.. Read More
Hawking’s “black hole paradox” century mystery will be solved? Scientists discover ‘quantum hair’
Recently, scientists said they may have solved the famous “black hole paradox” proposed by Hawking, which has puzzled scientists for nearly half a century. It is understood that Hawking is important to the origin of the universe One of the contributions was the black hole radiation theory published in 1975. Black holes are regions of the universe that are extremely massive and gravitationally strong. Hawking mathematically proved that black holes.. Read More
The expectation of “interest rate cut” has failed again, and the agency said it is necessary to guide LPR downward through RRR cuts and so on
Although the latest March LPR has not been lowered, the market expects that subsequent RRR cuts or interest rate cuts are still necessary to guide LPR downward. The National Interbank Funding Center authorized by the People’s Bank of China announced that the loan market quoted interest rate (LPR) on March 21, 2022 is: 1-year LPR is 3.7%, The LPR over 5 years is 4.6%. MLF (Medium-Term Lending Facility) interest rates.. Read More
The “14th Five-Year” new energy storage development implementation plan was issued, and the National Energy Administration interpreted it
According to the website of the National Energy Administration on March 21, in order to promote the high-quality and large-scale development of new energy storage during the “14th Five-Year Plan” period, the National Development and Reform Commission and the National Energy Administration recently jointly issued the “14th Five-Year Plan” New Energy Storage Development Implementation Plan ” (hereinafter referred to as the “Plan”). “Plan” proposes that by 2025, new Energy storage.. Read More
Liaoning Provincial Associated Press was fined more than 1.46 million for “four crimes” such as failing to submit large-value transactions in accordance with regulations
The Liaoning Provincial Rural Credit Cooperative Association (hereinafter referred to as the Liaoning Provincial Association) was warned and fined 1.469 million yuan by the Shenyang Branch of the Central Bank for failing to submit large-value transaction reports or suspicious transaction reports as required. also punished. Specifically, the administrative penalty information released by the Shenyang Branch of the Central Bank shows that there are four specific types of illegal acts by.. Read More
Two rounds will also increase the price! Mavericks Electric: From next month, the maximum increase of 1,000 yuan for all lithium battery products
The high cost of batteries not only affects new energy vehicle companies, but also increases the price of two-wheeled electric vehicles. On March 21st, Niu Electric (NIU) issued an announcement saying, “Because of the sharp rise in raw materials (prices) such as upstream lithium batteries, Niu Electric will be in April 2022. On the 1st of the month, the retail guide price of all lithium battery products will be raised.. Read More
Interview with Ping An’s Chief Investment Officer: This year is a good market cycle, actively exploring PE allocation
How do you view the future trend of the entire equity market, what is the prospect of real estate investment, what pressures and challenges are there now, and what will Ping An’s asset management do in the future? On the afternoon of March 18, Deng Bin, who had been the chief investment officer (CIO) of Ping An for only a few months, was interviewed by reporters after the company’s 2021.. Read More
Baoneng Group terminated investment in Nanjing International Health City project, originally planned to invest 16 billion yuan
On March 20, the news (www.thepaper.cn) learned from the official website of the People’s Government of Lishui District, Nanjing City, Jiangsu Province, that the Nanjing International Health City project planned by Baoneng Group to invest 16 billion yuan has been terminated. A citizen asked on the official website of the Lishui District Government of Nanjing on March 11, “It has been two years since March 2020, and Baoneng is under.. Read More
Ping An Securities plans to suspend sponsorship business for 3 months due to LeTV case
The Securities News Agency reported on March 20 that the aftermath of the LeTV financial fraud case was not over, and Ping An Securities, the sponsor responsible for LeTV’s IPO business, received a fine. The reporter learned from relevant persons close to the regulatory authorities that the Shenzhen Securities Regulatory Bureau recently issued an advance notice of administrative supervision measures to Ping An Securities, and plans to order Ping An.. Read More
What policies are worth looking forward to after the Finance Committee meeting?
At a critical moment, the State Council Finance Committee took action. On March 16, the Financial Stability and Development Committee of the State Council held a special meeting to study the current economic situation and capital market issues. As soon as the news came out, the screen was quickly refreshed, and market confidence was boosted. From the afternoon to the evening, the People’s Bank of China, the China Banking and.. Read More