Category: Flash News

On January 7th, the Nasdaq China Golden Dragon Index closed down 1.16%, with most popular Chinese concept stocks falling. Miniso fell over 12%, Tencent ADR fell over 7%, Kingsoft Cloud fell over 5%, and Ideal Auto fell over 3%; IQiyi and NIO have risen by over 1%, while Pinduoduo has risen by over 2%.

On January 7th, AMD held a press conference during the CES 2025 exhibition and officially launched two flagship Ryzen 9000 series X3D processors, namely the Ryzen 9 9950X3D with 16 cores and 32 threads and the Ryzen 9 9900X3D with 12 cores and 24 threads, both using Zen5 architecture and AMD’s X3D technology, with 128MB of L3 cache, aiming to become the strongest CPU in the gaming and creative fields.

On January 7th, the Paraguayan government required the Venezuelan ambassador and diplomatic personnel to leave the country within 48 hours. On the same day, the Venezuelan Ministry of Foreign Affairs issued a statement saying that the President of Paraguay made inappropriate remarks against Venezuela on the 5th, interfered in its internal affairs, decided to sever diplomatic relations with Paraguay, and immediately recalled diplomatic personnel.

On January 7th, Geng Shuang, Deputy Permanent Representative of China to the United Nations, spoke at the open meeting of the Security Council on the Sudan issue, calling on the international community to continue to increase its humanitarian assistance to Sudan. Geng Shuang said that the conflict in Sudan has been ongoing for 20 months. The current war is still dragging on, the number of civilian casualties continues to increase, the scale of displaced persons continues to expand, food shortages, frequent outbreaks of infectious diseases and other situations are becoming increasingly prominent. The situation is not optimistic, and the international community should not and cannot stand idly by. Geng Shuang calls on the United Nations to strengthen cooperation with the Sudanese government and other parties to ensure timely delivery of aid materials to everyone in need, bringing hope to the Sudanese people in need. The international community, especially traditional aid providers, should increase humanitarian support for Sudan and neighboring countries, and effectively fulfill their donation commitments.

On January 7th, from autumn to winter to spring of the following year, it is the season of avian influenza outbreak in South Korea. After a livestock farm in Gangwon Province reported the first outbreak of the current avian influenza season in the country at the end of October last year, the epidemic continued to spread. As of the 6th, a total of 20 outbreaks have been reported, resulting in the culling of approximately 1.35 million poultry. The South Korean government urgently requires all regions to strengthen epidemic prevention and contain the spread of the epidemic.

On January 7th, Scott Rubner, Managing Director and Tactical Expert of Goldman Sachs Global Markets, stated that the US stock market experienced a significant sell-off at the end of December, while reduced liquidity exacerbated the impact of fund managers’ year-end rebalancing. However, there are now several factors indicating that institutional and retail investors will resume buying. After a significant rise in the S&P 500 index, pension funds may readjust their investment portfolios to balance stocks and bonds, while a decrease in liquidity exacerbates stock market volatility. Benefiting from the flow of institutional funds and the limited selling of so-called trend tracking systematic funds, Rubner now sees signs of a short-term tactical bullish pattern. In history, January is the month with the largest inflow of funds into stock ETFs and mutual funds, and hedge funds also tend to increase their total leverage ratio in January.

On January 7th, the Lebanese army issued a statement on the 6th local time, stating that the Lebanese troops have been stationed around the town of Naqurah in southern Lebanon and have begun coordinating deployment with the United Nations Interim Force in Lebanon (Lebanon). The statement stated that the five member committee responsible for monitoring the ceasefire agreement (mechanism) held a meeting in Naqoura on the same day, and US Presidential Envoy Amos Hawkstein attended the meeting. At the same time, Israel withdrew from the town. Hoxtan stated that the Israeli army will fully withdraw from Lebanon and abide by the ceasefire agreement between Lebanon and Israel. Hoxtan said that implementing a ceasefire agreement in southern Lebanon is not easy, but he will support the Lebanese army.

On January 7th, during the Intel CES 2025 speech on January 6th, Intel’s interim co CEO Michelle Johnston announced that the first Intel 18A process chip, the Intel Panther Lake processor, will be released in the second half of 2025. Johnston also showed samples of the Panther Lake chip and stated that the chip is already in testing, and she is very satisfied with the 18A. Johnston announced that the Intel 18A process will be released later this year. She stated that Intel will continue to enhance its AI PC product portfolio in 2025 and beyond, providing customers with leading Intel 18A product samples and mass producing them in the second half of 2025.

On January 7th, MicroStrategy Inc. purchased $101 million worth of Bitcoin after announcing plans to use perpetual preferred stock, common stock, and debt to purchase more cryptocurrencies. This enterprise software company, headquartered in Tyson Point, Virginia, has been purchasing Bitcoin for nine consecutive weeks, and its co-founder and chairman Michael Saylor hopes to advance its strategy of holding Bitcoin. The company holds approximately $44.3 billion in Bitcoin. According to documents from the US Securities and Exchange Commission, MicroStrategy purchased 1070 bitcoins on December 30th and 31st at an average price of approximately $94000. The company announced on Friday that it plans to raise up to $2 billion in the first quarter by issuing one or more perpetual preferred shares. The preferred stock issuance is part of a plan to raise $42 billion in capital through public stock issuances and convertible bond issuances until 2027.

On January 7th, Russian Foreign Ministry spokesperson Zakharova issued a statement calling on the international community to immediately respond to Ukraine’s continuous attacks on Russian nuclear facilities. The Russian side stated that they look forward to an objective assessment and clear statement from the International Atomic Energy Organization regarding Ukraine’s attack on the Zaporizhzhia Nuclear Power Plant on January 5th.