china digital currency news, Overview

The Hang Seng Science and Technology Index fell, having previously risen by more than 4%; The increase of Hang Seng Index narrowed to 0.4%, after rising by more than 3%.Jabbon Technology: It plans to acquire 51% equity of Sino-German for 408 million yuan. Jabbon Technology announced that it plans to acquire 51% equity of Dongguan Sino-German Etching Technology Co., Ltd. (referred to as "Sino-German") for 408 million yuan. After the transaction is completed, Sinogord will become a holding subsidiary of the company. This transaction does not constitute a connected transaction, nor does it constitute a major asset restructuring.Hong Kong stocks opened higher and went lower, while the Hang Seng Index and Hang Seng Science and Technology Index fell successively. The branch index now fell by 0.8%, having previously risen by more than 4%.

BYD's patent for remote vehicle moving was authorized, and Tianyancha's intellectual property information showed that on December 10th, the patent for "control method, device and vehicle for remote vehicle moving" applied by BYD Co., Ltd. was authorized.Uni-President's sales in November exceeded NT$ 28.37 billion, up 5.6% year-on-year.Personal pension products are about to expand greatly, and the debt base, index and active equity funds that meet the standards can all issue Y shares. It is learned from many public offerings that the Y shares of personal pension funds are about to expand greatly. The types of funds that can set up Y shares will be expanded from pension FOF to bond funds, index funds, active equity funds and other types. Some insiders said that fund companies do not need to report specific products that want to issue Y shares, and the Ministry of Human Resources and Social Security will uniformly announce the standards (scale, rate, performance, etc.) that can be included in the expansion, and products that meet the standards will naturally be included in the alternative pool. "The first step is to open bond funds, the second step is index funds, and the third step is active equity funds." Many insiders confirmed, but the specific expansion rules will be announced by the CSRC and the Ministry of Human Resources and Social Security. "It is expected this week." (Interface News)

Citic Lyon: We are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange, but we should pay attention to the fluctuation of H shares of Chinese brokers. Citic Lyon issued a report saying that we are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange (00388.HK), and noted that china galaxy (06881.HK) is highly sensitive to the transaction costs of A-share securities. Citic Lyon expects that the A-share trading volume will remain stable in 2025 with the support of favorable liquidity, ETF growth and structural shift of household balance sheets to financial assets, but the bank reminds investors to pay attention to the recent excessive fluctuation risk of H-share brokers.On December 10th, it was reported that Yizi International, a snack and candy company, was exploring the acquisition of Hershey, a well-known chocolate manufacturer in the United States. This potential transaction is expected to create a food giant with a total sales of nearly $50 billion. People familiar with the matter said that Yizi had made preliminary contact on a possible merger. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey. People familiar with the matter said that the consultation was at an early stage and it was uncertain whether an agreement would be reached.Hong Kong stocks opened higher and went lower, while the Hang Seng Index and Hang Seng Science and Technology Index fell successively. The branch index now fell by 0.8%, having previously risen by more than 4%.