Category: Flash News

On January 12th, due to the withdrawal of the issuance and listing application by Guangzhou Mingmei New Energy Co., Ltd. and its sponsor, the Shenzhen Stock Exchange has decided to terminate its issuance and listing review in accordance with Article 62 of the “Shenzhen Stock Exchange Stock Issuance and Listing Review Rules (Revised in 2024)”.

From January 11th to 12th, Han Jun, Minister of Agriculture and Rural Affairs, conducted research on soybean production, sales, processing, and other aspects in Heilongjiang. During the research period, Han Jun also presided over a symposium to listen to the opinions and suggestions of officials from provincial, municipal, and county government departments, soybean storage, processing, pressing, trade logistics enterprises, and large-scale growers. He pointed out that since the launch of the new season soybeans, the soybean market prices have been sluggish, farmers’ soybean planting efficiency has declined or even lost money, and the processing efficiency of enterprises is not high. The task of promoting the connection between soybean production and sales is urgent. To accurately assess the market situation, take effective measures, support and guide enterprises to actively enter the market for acquisitions, give full play to the guiding role of reserve acquisitions, and effectively boost market confidence. We need to plan and introduce support policies for soybean production this year as soon as possible, stabilize the planting area, focus on improving the large-scale yield of soybeans, and continuously increase soybean production capacity. We need to accelerate the cultivation and promotion of high oil and high-yield soybean varieties and high protein varieties, guide large oil and fat enterprises to reasonably layout production capacity in soybean main production areas, support scientific research institutions and processing enterprises to develop high value-added products such as plant-based meat and specialized soy protein, extend the industrial chain, enhance comprehensive benefits, and create a competitive domestic soybean industry system.

On January 12, the reporter learned from the Xizang Financial Supervision Bureau that, as of 12:00 on January 12, the insurance industry had paid and pre paid 70.4733 million yuan for the 6.8 magnitude earthquake in Dingri County, of which 6424 rural households had been compensated by PICC P&C Insurance and 53.1439 million yuan had been compensated and pre paid by the rural housing insurance. In the form of quick compensation and pre compensation, the insurance industry has made every effort to protect the affected people to rebuild their homes and restore normal life as soon as possible. As of 24:00 on January 10th, the banking industry has issued over 700 loans of various types, totaling 394.8 million yuan. Among them, Agricultural Bank of China has disbursed 85.18 million yuan in earthquake relief loans, including 688 agricultural loans worth 69.321 million yuan, to help solve the urgent needs of the disaster stricken people. Various banks have also eased the repayment pressure of earthquake affected customers and reduced various financial service fees through extension and loan renewal. (CCTV News)

On January 12th, the State Administration for Financial Regulation held a regulatory work conference for 2025, deeply studying and implementing the spirit of the Central Economic Work Conference and the National Financial System Work Conference, summarizing the work for 2024, and deploying key tasks for 2025. The meeting pointed out that 2024 is the first complete year for the State Administration of Financial Regulation to fully perform its duties. The risks of small and medium-sized financial institutions have significantly converged. The implementation of the coordination mechanism for urban real estate financing has been effective, with loans exceeding 5 trillion yuan approved for “whitelist” projects. Support and cooperate in resolving local government debt risks. The cumulative disposal of non-performing assets for the whole year exceeded 3 trillion yuan.

On January 12th, it was learned from the China Development Bank that in 2024, the bank will increase its special loan for urban village renovation by 381.7 billion yuan, supporting 723 urban village renovation projects in cities such as Beijing, Guangzhou, Jinan, Zhengzhou, Wenzhou, Nantong, and Ganzhou. Optimized the housing supply structure in these cities and improved people’s livelihoods. (CCTV News)

On January 12th, it was learned from State Grid Anhui Electric Power Co., Ltd. that as of January 12th, the cumulative transmission capacity of the Zhundong Wannan ± 1100 kV high-voltage direct current transmission project has exceeded 300 billion kilowatt hours, reaching 3000.01 billion kilowatt hours, which can meet the annual electricity needs of 133 million households, equivalent to saving 90 million tons of standard coal and reducing carbon dioxide emissions by more than 255 million tons in East China. Xinhua News Agency

On January 12th, the Gaza Strip media office announced that the Israeli military has resumed ground operations in the northern provinces of the Gaza Strip for 100 days, resulting in 5000 deaths and disappearances, 9500 injuries, and 2600 arrests. The Gaza Strip Media Office strongly condemns the Israeli military’s ongoing “aggression” against the northern Gaza Strip and all provinces of the Gaza Strip, and calls on the international community, international organizations, and United Nations organizations to intervene urgently, take immediate action, and urge Israel to cease its genocide. In October 2024, the Israel Defense Forces resumed ground military operations in some areas of the Gaza Strip, causing a large number of casualties.

On January 12th, a senior Israeli official revealed that Steven Witkov, the incoming Middle East envoy appointed by US President elect Donald Trump, arrived in Israel on the 11th to urge Israel to reach a ceasefire agreement in Gaza before Trump takes office on January 20th. It is reported that during his meeting with Israeli Prime Minister Benjamin Netanyahu on the 11th, Witkov conveyed Trump’s desire to reach a ceasefire agreement in Gaza before he was sworn in. Trump has previously stated that if the Palestinian Islamic Resistance Movement (Hamas) fails to release detainees before his inauguration as US President on January 20th, Hamas will “pay a painful price”. After meeting with Witkov, Netanyahu announced the dispatch of a high-level delegation led by the Director of the Israeli Intelligence and Special Services Agency (Mossad) to Qatar for negotiations. (CCTV News)

On January 12th, Hungarian Foreign Minister Szijjardo stated that the new round of sanctions imposed by the United States on Russia poses new challenges to energy supply in central European countries. The Hungarian government will closely consult with regional partners and strive to minimize the increase in fuel prices. Siyardo stated that Serbia plays an important role in the supply of crude oil in central Europe, and the inclusion of Serbian companies on the sanctions list will lead to a significant increase in crude oil prices. On January 10th local time, US President Biden announced a new round of sanctions on Russia’s energy sector, involving the country’s two largest oil companies and 183 oil tankers. In addition, the United States announced sanctions against the Serbian Oil Company (NIS), claiming that the company has ties to two Russian oil and gas companies.