Category: Flash News

On the 7th, Science and Technology Innovation Board Daily reported that in response to rumors that the pre trained large model team of Zero One Thing will be acquired by Alibaba Cloud, Zero One Thing claimed that the news is untrue. Li Kaifu denied rumors on his social media account, saying, “In 2024, the confirmed revenue of Zero One Hundred Thousand Things will be over one billion yuan (with more orders), and it will grow several times by 2025. I don’t know why such rumors are spreading.” On January 2nd, Alibaba Cloud just announced a strategic cooperation with Zero One Hundred Things, and the two parties will establish a “Joint Laboratory of Industrial Big Models” in the cooperation to accelerate the landing of big models from technology to application, and further expand the ecological integration of industrial big models. (Reporter Huang Xinyi)

On January 7th, at the end of the year and the beginning of the year, many regions have successively disclosed their plans for issuing local bonds in the first quarter of 2025. As of January 6th, the total scale of local government bond issuance plans disclosed for the first quarter reached 680 billion yuan, including a new special bond issuance plan of 240 billion yuan. Industry insiders say that recent policy signals indicate that the scale and pace of special bond issuance will expand in 2025, and efforts will be made to better play the role of stabilizing investment and expanding domestic demand. It is expected that there will be a large-scale issuance in the first quarter.

On January 7th, US President Biden announced on January 6th local time that he would transfer $95 million in military aid originally planned for Egypt to Lebanon. The US State Department stated that the Lebanese Armed Forces are a key partner in maintaining the November 27, 2024 ceasefire agreement between Lebanon and Israel, and this funding will be used to enhance the professionalism of the Lebanese Armed Forces and strengthen border security.

① Pending China’s foreign exchange reserves for December; ② 10: 30 NVIDIA CEO Huang Renxun delivers a speech; ③ 15: Monthly rate of Halifax seasonally adjusted house price index for December in the UK; ④ 15: 30 Swiss December CPI monthly rate; ⑤ 15: 45. Initial value of December CPI in France; ⑥ 18: 00 Eurozone December CPI preliminary value; ⑦ 18: Euro zone unemployment rate in November; ⑧ 21:30 US November trade account; ⑨ 22:00 Global Supply Chain Stress Index for December in the United States; ⑩ 23:00 US December ISM Non Manufacturing PMI, November JOLTs Job Vacancies; ⑪ Auction of 10-year treasury bond bonds from the United States to January 8 at 02:00 the next day – winning interest rate; ≮ The next day at 05:30, API crude oil inventory for the week of January 3rd in the United States.

On January 7th, French President Macron stated in a speech to ambassadors from various countries at the É lys é e Palace that there is no quick and simple solution to the conflict between Ukraine and Russia. Macron called on Ukraine to engage in realistic discussions on territorial issues and stated that the United States should help Europe persuade Russia to return to the negotiating table, while emphasizing that Europe should establish security guarantees for Ukraine. Agence France Presse reported that this is the first time Macron has explicitly urged Ukraine to consider making concessions on territorial issues.

On January 7th, Judge Juan Mercan of the Supreme Court of New York rejected President elect Trump’s request to postpone the sentencing process for his “hush money” criminal case. It is understood that Trump’s lawyer may continue to appeal to the New York Court of Appeals. Earlier on the 6th, Trump’s lawyer appealed the ruling on his “hush money” criminal case and applied to the judge to postpone the sentencing process scheduled for this week.

On January 7th, according to authoritative data statistics, in 2024, a total of 1300 listed companies in the Shanghai and Shenzhen stock markets disclosed 1469 new repurchase plans, with a maximum repurchase amount of 212.3 billion yuan. The quantity and amount were 2.1 times and 1.5 times higher than in 2023, respectively, setting a new historical high. In 2024, 742 companies disclosed plans for major shareholders to increase their holdings, with a total upper limit of 85.2 billion yuan, which is twice the quantity and 1.7 times the amount in 2023. From the perspective of the whole year, there are three positive trends in repurchase and increase in holdings, namely doubling the amount of write off style repurchases; The special tool for repurchasing, increasing holdings, and refinancing has a significant effect on leveraging repurchases and increasing holdings; The proportion of loan repurchases and increased holdings by large cap companies is high.

On January 7th, the Shenzhen Stock Exchange ETF recently submitted its 2024 “report card”. As of the end of 2024, there are a total of 426 ETFs in the Shenzhen Stock Exchange, with a scale exceeding one trillion yuan, reaching 1000.75 billion yuan, an increase of 22% in quantity and 104% in scale compared to the end of 2023. Among them, the total size of newly issued ETFs is 175.8 billion yuan, accounting for 51% of the two markets. The proportion of Shenzhen ETFs in the circulating market value of the Shenzhen stock market has increased from 1.91% at the end of 2023 to 3.60%.

On January 7th, the latest data shows that there are 8 new stocks waiting to be listed in the Hong Kong stock market – starting from January 8th, they will gradually land on the Hong Kong stock market within 7 days. More companies are accelerating their pace towards the Hong Kong stock market. In the past week, 14 companies including Meixue Bingcheng and Laoxiangji have submitted applications for listing on the Hong Kong stock market. In 2024, the Hong Kong stock market added an average of 5.83 new IPOs per month. On a monthly basis, July and December are peak periods for new stock listings, with 10 new IPOs added each month. By comparison, the number of new IPOs per week is almost equivalent to one month in 2024. Along with the influx of new stocks, there is also the enthusiasm of Hong Kong stock investors to invest in new stocks. According to data from Jieli Trading Treasure, the three newly listed companies, Huige Environmental Protection, Hailuo Material Technology, and Brainpower Aurora, which have completed their IPO, have financing subscription multiples of 47.33 times, 21.46 times, and 9.53 times, respectively.

On January 7th, Judge Lewis Lyman of the Federal Court in Manhattan, New York, ruled that Rudy Giuliani, former private lawyer of Trump and former mayor of New York City, was in contempt of court for failing to surrender information and assets as required by a previous defamation case verdict. At the previous hearing, Giuliani admitted that although he had surrendered some of his assets, he had not yet submitted the necessary documents for realizing the assets, as well as some luxury goods and cash. Giuliani explained that these requirements were too broad and inappropriate, and he was unable to deliver all the information on time due to multiple legal cases. Giuliani’s lawyer stated that he will continue to appeal.