Canada said on Thursday it would ban equipment made by Huawei and ZTE from its 5G mobile network. Canada has become the last member of the Five Eyes alliance to scrutinize the use of Chinese-made 5G communications equipment. The Five Eyes alliance is an intelligence-sharing network of Australia, Canada, New Zealand, the United Kingdom and […]
Canada’s 5G network will not use Huawei and ZTE equipment Read More »
Tencent posted its biggest quarterly profit drop since listing in Hong Kong in 2004, with net profit plummeting 51% and revenue up just 0.1% year-on-year. A year of regulatory overhauls in China have hit the social media and gaming giant, compounded by a new wave of outbreaks. Tencent said it will take time for the
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For the first time, researchers from the ALICE experiment at the Large Hadron Collider (LHC) have directly observed the dead-cone effect of quantum chromodynamics. The research report was published in the journal Nature. Particle collisions produce quarks and gluons, which are called partons in particle physics. After being created, they go through a chain of
core point Green and low-carbon development has become a global consensus. In order to achieve the global temperature target of 1.5°C, the relevant carbon market mechanism has been gradually improved, and the coverage of carbon finance corresponding to the carbon market has also continued to expand, so as to serve and guide the carbon peak
At the end of “Eternal Rivers” (continued), I would like to report to the readers that a huge misunderstanding I have about China’s modern history is that when China faced the coming of the Western Tide, it faced several waves – science , Democracy and Socialism, in fact, lack of careful examination of the original
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Source: Zhitong Finance Author: Wei Haoming U.S. stocks are plunging, but don’t expect Fed Chairman Jerome Powell to come to the rescue of shaky stocks — at least not yet. Kansas Fed President Esther George said on Thursday that the market slump was not surprising given the Fed’s repeated warnings that it will keep raising
Source: China Securities Journal Author: Wu Keren After more than 3 years, SMIC repurchased its shares again. On the evening of May 19, SMIC’s H-share announcement stated that it had repurchased 4.215 million ordinary shares of the company through the Hong Kong Stock Exchange on May 19, at a cost of HK$66.57 million. Source: Company
Source: Securities Times On May 19, local time, the stock price of $Tesla (TSLA.US)$ continued to fall, falling below the $700 mark again before the market, and it has fallen by more than 40% from the all-time high in November last year. As of the close, Tesla’s shares fell slightly by 0.05% to $709.42 per
Shareholders can’t sit still? Calling Musk: Hurry up and buy back $15 billion! Read More »
Source: Golden Ten Data In an article issued on May 18, Guggenheim Partners, a global investment and financial advisory service, warned about the possible harm of excessive Fed rate hikes. The following is a compilation of the article content If two trains are moving towards each other at different speeds, when will they collide? The
Guggenheim: Over-aggressive Fed will face ‘financial accident’ Read More »
Source: Sina Finance Warren Buffett’s six biggest holdings may have lost more than $13 billion in Wednesday’s rout, according to estimates. Buffett’s Berkshire Hathaway’s holdings of Apple shares lost $7.5 billion in value, and Apple’s shares fell nearly 6% on the day; its Coca-Cola shares lost $1.8 billion in value, and the stock fell 7%
Featured Announcements 1. $China Merchants Bank (03968.HK)$ : Appoint Wang Liang as President China Merchants Bank (03968) announced that the board of directors held the 40th meeting of the 11th board of directors on May 19, 2022, at which it reviewed and approved the “Proposal on the Appointment of Mr. Wang Liang as President of
Source: Sina Finance Global leisure travel has returned to 2019 levels for the first time since the COVID-19 pandemic, according to a report released by the MasterCard Institute for Economic Research. Since the beginning of the year, the average global airfare has risen by 18%. “If flight bookings continue to grow at the current rate,
hot news U.S. Treasury Secretary Yellen: Fed has no reason to raise 2% inflation target U.S. Treasury Secretary Yellen said a soft landing is conceivable and the Fed has no reason to raise its 2 percent inflation target; tariffs on Russian oil could be an alternative to capping oil prices. Fed’s George: Market turmoil won’t