Category: Flash News

On January 5, the Ministry of Defence of Türkiye issued a statement on January 5 local time, saying that the Turkish security forces killed 32 members of the Kurdish Workers’ Party and the Kurdish armed “People’s Protection Force” in northern Syria and 4 members of the Kurdish Workers’ Party in northern Iraq.

On January 5th, the Syrian Minister of Finance announced that salaries for public sector employees will be paid on January 5th or 6th. As an emergency measure, many public sector employees’ salaries will be increased by 400% after the administrative restructuring of various departments is completed. The funds for salary increase will come from the comprehensive use of current national finances, regional aid, investment, and possibly unfrozen foreign held Syrian assets. It is expected that a tax reform draft will be submitted within the next three to four months.

On January 5th, it was reported that the company’s industrial humanoid robot Walker S1 has achieved initial results in the first phase of training work at BYD’s automobile factory, doubling efficiency and increasing stability by 30%. Relevant optimization work is still ongoing, and it is expected to meet the conditions for large-scale delivery in Q2 of this year. It is reported that the Ubiquitous industrial humanoid robot Walker S has received over 500 intended orders from multiple car manufacturers and is currently in a critical stage of industrialization. (Caixin reporter Wang Biwei)

On January 5th, at the 2025 China Chief Economist Forum Annual Meeting, Yang Delong, Chief Economist of Qianhai Open Source Fund, stated that it is expected that more stable growth policies will be introduced in 2025, and the main data will significantly improve. Resident savings are expected to transfer to the capital market, bringing incremental funds to A-shares. After September 24, 2024, the first wave of market surge attracted many new investors to enter the market, but investors have not yet taken action, and even many investors redeemed during the rebound, indicating that this round of market is still in its early stages. After the second and third waves of market rise in 2025, a stronger “money making effect” will be generated to attract more investors to enter the market by buying funds. It is expected that the purchase restrictions on real estate sales will be gradually lifted by 2025, and there will also be some substantial policies to support the real estate industry.

On January 5th, due to the expiration of the pilot project for generating personal identification codes for foreign citizens through Kazakhstan’s overseas missions on December 31st, Kazakhstan’s overseas missions will temporarily suspend the issuance of personal identification codes to foreign citizens from January 1st.

On January 5th, Buffett’s Berkshire Hathaway purchased approximately 20000 shares of VeriSign common stock from December 31, 2024 to January 3, 2025, for a total amount of approximately $4.1 million, or approximately RMB 30 million. Recently, Berkshire Hathaway has repeatedly disclosed that it has increased its stake in this Internet infrastructure service company. In the three trading days ending December 24, 2024, Berkshire Hathaway bought 143424 shares of Verizon by adding $28.55 million. Currently, Berkshire Hathaway holds nearly 14% of the issued shares of Verisign, valued at approximately $2.7 billion. According to the data, Verizon is an Internet infrastructure service company located in California, USA.

On January 5th, Guangdian Yuntong stated on its interactive platform that the Guangdian Wuzhou cold plate liquid cooling workstation adopts a customized cooling system composed of cold plates, cold pipes, coolant, cold exhaust and other components, which can be applied in fields such as deep learning, facial recognition, financial modeling, etc.

On January 5th, Liu Yuhui, a member of the China Chief Economist Forum, stated at the 2025 China Chief Economist Forum Annual Meeting that from the perspective of the “weighing machine”, the A-share market will face many opportunities in 2025, including the pricing of a package of incremental policies. The pricing of these expectations can easily lead to expected reversals and differences. Especially at the beginning of this year, A-shares have had a difficult start, and I don’t think it’s a bad thing. A difficult start has set expectations very low, with many variables in between, making it very easy for expectations to flip

On January 5th, the Digital Economy Department of the National Data Administration organized a seminar on promoting innovative development of platform economy. At the meeting, platform companies expressed that since the beginning of this year, under the support and guidance of a series of national incremental policies, enterprises have focused on core businesses, strengthened innovation driven, and the overall business situation has gradually improved. Next, we will adhere to a global perspective, strengthen openness, sharing, and interconnectivity, focus on enhancing core competitiveness, improving product quality and service capabilities, actively fulfill social responsibilities, prevent and resolve “internal competition”, continue to consolidate the positive trend of operation, and achieve innovative development.

On January 5th, congestion fees will be levied in the lower and middle areas of Manhattan Island in New York City, USA. New York became the first city in the United States to implement congestion fees. According to the collection plan, vehicles only need to pay congestion fees once a day when entering the “congestion relief zone” to enter and exit the area multiple times. The payment amount depends on whether the vehicle enters the relief zone during peak traffic hours, the type of vehicle, and the method of congestion fee payment. Passengers pay congestion fees for New York City taxis and ride hailing services that enter, exit, pass through, or travel within the ‘congestion relief zone’.