China Fund News Taylor
Let's take a look at what's big after today's close.
A widespread blackout occurred in Taiwan without warning
5 million households were affected
According to CCTV, at about 9 o'clock on March 3, a large-scale blackout occurred in Taiwan without warning. The head of Taiwan's economic department said that the accident at the Xingda power plant in southern Kaohsiung affected the operation of the Longqi substation, resulting in the instantaneous loss of 10.5 million watts of electricity in Taiwan, accounting for about one-third of the entire Taiwan power, resulting in 5 million residents being affected.
The economic department and Taipower have set up a response center for emergency treatment, and the power supply in the northern region can be restored before noon, and the power supply will be restored after noon in the southern region.
At about 9 o'clock on March 3, a large-scale blackout occurred in Taiwan without warning. Taipower said that the equipment of the Xingda power plant failed, causing the southern system to be disconnected; at present, there is a power outage in the tainan and Kaohsiung regions, and the central and northern regions are taking turns to blackout.
Taipower added that at about 9:00 a.m. this morning, due to the failure of the power grid in the southern power system, there was a power outage in the southern region, and there was also a power outage in the northern and central regions due to low-frequency electric stations. Taipower Corporation is now in urgent repairs.
People across Taiwan have reported power outages, including Wenshan, Neihu, xinyi districts in Taipei City, Yonghe, Zhonghe, and Banqiao in New Taipei City, as well as Hsinchu, Taichung, Tainan, and Kaohsiung.
As of 10:05 a.m., the fire department had reported a total of 165 elevator trapped accidents, which were being continuously handled and rescued.
According to information provided by Taiwan's high-speed rail, the power anomaly caused three operating trains to be affected.
On March 2, former U.S. Secretary of State Pompeo visited Taiwan. Zhang Weihan, spokesman for the office of Tsai Ing-wen, the leader of the Taiwan authorities, said on the 3rd that the power supply of the office of the leader of the Taiwan authorities has not been affected, but the webcast of the Taiwan regional leader Tsai Ing-wen's meeting with Pompeo in the morning will be temporarily cancelled.
The latest developments in the situation in Russia and Ukraine
Russian Ministry of Defense: Russian armed forces continue to attack Ukraine's military infrastructure
On March 3, local time, the Russian Defense Ministry said that Russian armed forces continued to attack Ukraine's military infrastructure. The Russian military used long-range precision-guided weapons to strike a backup radio and television technology center near the "Bald Mountain" in Kiev, which was used by ukraine's State Security Service to carry out psychological operations against Russia.
Russia's Defense Ministry said the blow caused no casualties or damage to residential buildings.
Russian Ministry of Defense: 1612 ground military infrastructures on the Ukrainian side have been paralyzed
On the morning of March 3, local time, the Russian Ministry of Defense issued a communiqué saying that since the start of the special military operation, a total of 1612 ground military infrastructure on the Ukrainian side has been paralyzed: including 62 command and control posts, 39 sets of S-300, beech M-1 and Wasp anti-aircraft missile systems, and 52 radar stations.
In addition, the Russians destroyed 49 ground planes and shot down 13 aircraft; destroyed 606 tanks and armored vehicles, 67 multiple rocket launchers, 227 artillery and mortars, 405 military vehicles and 53 drones.
Germany aided Ukraine with 2,700 Soviet-made anti-aircraft missiles
The German media such as the German news agency and the Süddeutsche Zeitung reported on March 3 that the German authorities have approved the latest military assistance plan for Ukraine, which will provide 2,700 Soviet-made "needle" man-portable air defense missiles to the Ukrainian side.
Last week, the German authorities changed their attitude toward the Ukraine issue, decided to provide Ukraine with 1,000 anti-tank missiles and 500 Stinger man-portable air defense missiles, and approved the Netherlands and Estonia to supply Ukraine with weapons and equipment produced by Germany or using German technology.
According to reports, German authorities plan to supply Ukraine with more weapons and equipment and decide to provide it with 2700 "needle" missiles. These Soviet-guided missiles came from a sealed arsenal of weapons and ammunition formerly belonging to the GDR.
Germany confiscated $600 million yachts from Russian billionaires
On March 2, local time, forbes magazine in the United States quoted three sources in the yachting industry as saying that a $600 million yacht worth Russian billionaire Alisher Usmanov had been seized and confiscated by authorities in the northern German city of Hamburg.
The Russian oligarch bought the Dibar yacht in 2016. With a length of more than 150 meters and a weight of 15,917 tons, the luxury yacht is the world's largest motor yacht of total tonnage, and was tailor-made for the billionaire over 52 months by Lürssen, Germany's top yacht shipbuilding giant. The vessel has been undergoing conversion work at the Hamburg shipyard of german shipbuilder Blohm+Voss since late October last year.
Alischer Usmanov was put on the EU sanctions list on February 28, and two days later news came that his yacht had been seized by the German government.
Central Bank of Russia: Natural persons need to pay a 30% handling fee when purchasing foreign exchange
On March 3, local time, the Central Bank of Russia issued relevant regulations requiring natural persons to pay a 30% handling fee when purchasing foreign exchange.
Affected by the sanctions, the Russian domestic car Lada will stop production for 4 days
On March 3, local time, affected by the sanctions, the Russian domestic car Lada will stop production for 4 days. The suspension was due to difficulties in the supply of electronic components and the inability to guarantee that the wages of factory employees would not be affected.
The production will be discontinued on March 5, 9, 10 and 11.
Russian Ministry of Defense: More than 30 tons of humanitarian aid have arrived in the northeast region of Ukraine
On March 3, local time, the Russian Ministry of Defense issued a message saying that at the request of local residents, more than 30 tons of humanitarian aid provided by the Russian side have arrived in the city of Volchansk in Kharkiv Oblast in northeastern Ukraine and nearby areas.
The escalation of the situation in Russia and Ukraine may lead to a decline in the supply of international food markets
On March 3, international coal prices reached a new high of $400 per tonne, up more than 30% in the short term. Natural gas prices are also rising, with prices per thousand cubic meters breaking through $2,000 a few days ago, the highest this year's record.
At the same time, Russia and Ukraine account for about one-third of global food exports, and the escalation of the situation in Russia and Ukraine will lead to a decline in the supply of food to the international food market between the two countries.
Some analysts said that the wave of sanctions against Russia set off by European countries will exacerbate the current energy crisis and at the same time lead to a food crisis.
Sanctions against Russia spread to the game! EA announced fifa 22 to remove the Russian national team and clubs
Following the "Sanctions on Russia's Cats", the sanctions imposed by the United States and the West on Russia have spread to the field of games. In the early morning of Beijing time on the 3rd, FIFA Games, the sports division of Electronic Arts (EA), issued a statement on Twitter, announcing that it would remove the Russian national team and clubs from a series of products such as FIFA 22, FIFA Mobile, and FIFA Online to show support for Ukraine.
In the statement, Electronic Arts (EA) FIFA Games wrote: "Like many other voices in football, EA's Sports Division stands with the Ukrainian people, calling for peace and (calling) an end to the aggression against Ukraine." ”
"In line with our partners in FIFA and UEFA, EA's Sports division has launched procedures to remove the Russian national team and all Russian clubs from FIFA gaming products, including FIFA 22, FIFA Mobile and FIFA Online," the statement said. We are also actively evaluating relevant changes in other areas of the game. We will keep the (game) community informed of actions taken and would like to thank players for their patience during the update. ”↓
On March 2, local time in the United States, the statement was released on the official website of EA Company. ↓
H&M announced: Suspension of all sales in Russia
According to the New York Times, on March 2, local time, Swedish clothing brand H&M announced that it would suspend all sales in Russia. The group said in a statement that "the H&M group is deeply concerned about the tragic state of affairs in Ukraine and stands with all those who have suffered." ”
H&M Group also said it had temporarily closed its stores in Ukraine for the safety of its customers and employees.
On March 1, local time, Apple announced that it would "stop selling" in Russia, and Hollywood film companies such as Disney also announced the suspension of new films released in Russia.
China reminds the US side: Pay back the money!
US President Joe Biden recently signed an executive order planning to use half of the frozen assets of the Central Bank of Afghanistan in the United States of about $7 billion to compensate the victims of the 9/11 terrorist attacks, a move that was strongly condemned by the Afghan interim government and the international community.
On the 2nd local time, the United Nations Security Council considered the Afghan issue, and Zhang Jun, China's permanent representative to the United Nations, once again called for relevant countries to return afghan assets to the Afghan people immediately and unconditionally.
Zhang Jun said that at present, it is necessary to help Afghanistan alleviate the humanitarian crisis and stabilize the economy as the most important and urgent priority. The international community, especially the major donor countries, must step up its assistance efforts and under no circumstances should political conditions be attached to humanitarian assistance. The international community should actively inject mobility into Afghanistan, help Afghanistan restore its domestic market and economic system, re-integrate into regional and international economic cooperation, and gradually embark on the path of peaceful development. Any economic blockade or unilateral sanctions against Afghanistan should be stopped immediately.
Zhang Jun stressed that under the current severe humanitarian crisis and economic situation in Afghanistan, the US government decided last month to divert about 7 billion US dollars of Afghan assets it had frozen for other purposes, which violated Afghanistan's national sovereignty and interests and seriously violated international law.
Zhang Jun said that Afghanistan is working hard to improve the political structure, restore production and living order, and actively carry out foreign exchanges and cooperation. The international community should continue to adhere to the principle of "Afghan-led and Afghan-owned", strengthen contacts with the Afghan Taliban in an equal, rational and pragmatic manner, and patiently guide them to respond to the expectations of the international community. Only in this way can Afghanistan gradually achieve long-term peace and stability, the soil of terrorism can be completely eradicated and Afghan women and children can achieve better development.
GEM index volume fell 1.51%
The Concept of Sino-Russian Trade has risen by nearly 20 shares
On March 3, the Shanghai index rose slightly after the opening of the market, once exceeded 3500 points, the intraday narrow range shock, the afternoon fell back to turn green; the Shenzhen index, the ChiNext index shocked down, the decline of more than 1%; the turnover of the two cities was significantly enlarged, the full-day transaction exceeded one trillion, and the northbound funds turned into a net outflow in the afternoon.
As of the close, the Shanghai index fell 0.09% to 3481.11 points, the Shenzhen component index fell 1.09% to 13201.82 points, and the ChiNext index fell 1.51% to 2791.95 points; the two cities traded a total of 1010.1 billion yuan, and the northbound funds sold 731 million yuan.
The concept of ports, logistics and shipping related to Sino-Russian trade continued to strengthen, and stocks such as Jinzhou Port and Tianshun Shares in the sector closed for 5 consecutive days. Citic Construction Investment Securities said that the escalation of the conflict between Russia and Ukraine may lead to the diversion of import and export trade to other countries, bringing about changes in average transportation distances, and the state of trade rebalancing may be more chaotic
The Russian-Ukrainian conflict disrupted the global energy supply, oil and gas, coal and other resource stocks continued to erupt, Ningbo Energy, quasi-oil shares and other stocks 6 consecutive boards, coal plate, cloud coal energy for two consecutive days.
The port shipping sector performed strongly, with Ningbo Shipping, Lianyungang, Jinzhou Port and other stocks rising and stopping, and Ningbo Port and other companies rising. CITIC Construction Investment believes that the global container shipping supply chain is always in a tight state and has no resistance to the impact of any event. China Merchants Securities said that regional conflicts may stimulate shipping rates to rise.
Source: China Fund News
Original title:
Taiwan suddenly lost power! Germany aided Ukraine with 2,700 Soviet-made anti-aircraft missiles, Russia's billionaire $600 million yacht was confiscated, and sanctions against Russia spread to the game! China reminds the US side: Pay back the money!