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just! The Russian army has taken control of the largest nuclear power plant in Ukraine! Too magical, the Russian tree is also sanctioned! Wall Street is digging into Russia

author:Finance

Today's A-shares and Hong Kong stocks are not very popular. In particular, the Hang Seng Technology Index has reached a new low...

The latest summary of Russia and Ukraine

State Atomic Energy Supervision And Supervision Agency of Ukraine: The Zaporizhia nuclear power plant has been controlled by the Russian military

On March 4, local time, Ukraine's State Atomic Energy Regulatory Supervision Agency released a message through social platforms that the Zaporozhye nuclear power plant has been controlled by the Russian military, and the power plant personnel are working normally and can ensure the normal operation of the reactor.

The Zaporižiye Nuclear Power Plant is the largest nuclear power plant in Ukraine and one of the largest in Europe.

According to the Russian news agency reported on March 4, the relevant departments of zaporizhia oblast in southern Ukraine quoted the Ukrainian State Nuclear Regulatory Inspection Agency as saying that there are 6 nuclear reactors at the Zaporizhian nuclear power plant, of which 4 are cooling.

Located in the city of Energodar in Zaporizhia Oblast, zaporozhye is the largest nuclear power plant in Europe, generating 25% of Ukraine's total nuclear power generation. According to the Ukrainian News Agency reported earlier on March 4, the Ukrainian Atomic Energy Company said on social media on the same day that the shelling of the zaporozhye nuclear power plant unit posed a serious threat to the nuclear safety of the nuclear power plant and would bring serious consequences to the world. According to reports, the Zaporozhye nuclear power plant caught fire on the 4th because of the war between Ukraine and Russia. The International Atomic Energy Agency said in a social media platform on the same day that the core equipment of the Zaporozhia nuclear power plant had not been affected.

The National Bank of Ukraine continues to impose strict restrictions on foreign exchange transactions

On March 4, local time, the National Bank of Ukraine continued to impose strict restrictions on foreign exchange transactions, and still prohibited the purchase of foreign currency.

According to the Ukrainian Independent News Agency, since February 24, the official exchange rate of ukrainian hryvnia to the US dollar has been maintained at 29.25:1, and each person can withdraw no more than 30,000 hryvnia of foreign currency equivalent from personal foreign currency accounts per day without handling fees, as well as 100,000 hryvnia, but there will be no restrictions on non-cash transactions and the sale of currencies in personal accounts abroad.

Central Bank of Russia: Moscow Exchange will not resume stock trading on March 4

The Russian central bank said on the 4th that moscow exchange will not resume stock trading on the same day.

The Russian tree was also sanctioned

On February 28, local time, the organizers of the "European Tree of the Year" selection activity announced on their official website that Russia was banned from participating in the selection of "European Tree of the Year".

According to the official website of "European Trees of the Year", the organizers of the event claimed that they were shocked by Russia's military action against Ukraine, so they decided to join the international community's action to isolate Russia. The event organizers announced that from February 28, the Russian Federation will be disqualified from the European Tree of the Year selection.

According to earlier reports by foreign media, Russia's famous Turgenev oak (planted by the famous Russian writer Turgenev, blown off in a hurricane in 2021, when it was 198 years old) was selected as the 2021 "Russian Tree of the Year" and will represent Russia in the 2022 "European Tree of the Year" selection.

In response to the news, a Russian writer quipped on Twitter that the oak tree was apparently sanctioned for not condemning Putin.

Wall Street institutions have begun bottoming out Russian corporate bonds

While the West is imposing sanctions on Russia, some Wall Street institutions have begun to boldly bottom Russian corporate bonds in search of profit opportunities.

According to media sources quoted by the media, Goldman Sachs and JPMorgan Chase have been buying cheap Russian corporate bonds in recent days, while some hedge funds that specialize in buying cheap credit also hope to increase their holdings of these assets.

Goldman Sachs mainly buys corporate bonds from EVRAZ plc (LON:EVRE), Gazprom PJSC, Russian Railways and other companies that mature in the next two years, and has begun bidding for Russian sovereign bonds, people familiar with the matter said.

Wall Street institutions' purchases of Russian corporate bonds show Wall Street's long-standing culture that the trading sector aims to look for undervalued and mispriced assets, but these purchases do not reflect their broad view of the asset or the country.

Russian Aerospace Announced the termination of its cooperation with British Satellite Corporation

On March 4, local time, the Russian Space Group (Roscosmos) announced the termination of cooperation with the British communication network satellite company "Oneweb".

Vladimir Putin: Only fascism fights wars like this

According to the Russian News Agency, on March 3, local time, Russian President Putin said at the Russian Federation Security Conference that in some cities in Donbass, residents were driven to the middle floor of buildings, and on the ground floor, windows and walls were broken, heavy weapons and artillery were erected, and tanks were driven in. Machine guns are mounted on the roofs and high floors, and snipers are deployed. Only fascism fights wars in this way, treats civilians inhumanely. They were like that when they fought the Soviet army, including during the liberation of Ukraine.

A-share Hong Kong stocks are diving

On March 4, the Shanghai index intraday weak shock probed, fell more than 1% in the afternoon; the Shenzhen Index, the ChiNext Index rushed higher and fell back, and fell lower again in the afternoon, the ChiNext Index fell by more than 1.5%; the transaction volume of the two cities exceeded trillion yuan again, and the northbound capital turned into a small net purchase.

As of the close, the Shanghai index fell 0.96% to 3447.65 points, the Shenzhen component index fell 1.37% to 13020.46 points, and the ChiNext index fell 1.55% to 2748.64 points; the two cities traded a total of 1006.3 billion yuan, and the northbound funds bought a net of 457 million yuan.

Coal stocks continued to be active, with many stocks such as Shanmei International, Yun Coal Energy, Haohua Energy, and Jinkong Coal industry in the forefront.

Track stocks such as automobiles and lithium batteries fell sharply today, with Zhongjie Seiko, Ningbo Founder, Hailian Jinhui and other stocks leading the decline, and lithium battery leader Ningde Times closed down more than 4%.

Overall, the two cities fell more than 3500 stocks, and the market turnover exceeded trillion yuan for 2 consecutive days.

In terms of Hong Kong stocks, China-wide Internet has doubled down to a new low, falling into mutual pity! Hang Seng Technology fell by about 5%!

Station B fell more than 11%, and Tencent almost fell below 400 yuan!

There is news that Li Ka-shing Changhe plans to sell the UK's largest distribution e-commerce company

The price is $20 billion

According to sources, a consortium led by international investment bank Macquarie Group and private equity giant KKR &;; Co. is in takeover talks with UK Power Networks, britain's largest power distribution company controlled by the family of Hong Kong billionaire Li Ka-shing. Sources said the consortiums interested in UK Power Networks include: Dutch pension agency APG, China Investment Corporation (CIC), Ontario Teacher Pension Scheme Commission (OTPP) and PSP Investments. The valuation of UK Power Networks could be as high as £15 billion (US$20 billion) and a deal could be reached in the coming weeks.

UK Power Networks is the UK's largest power distribution company, serving London, south and east England, owning and maintaining power cables and lines across London, south east England and the east, and the company's distribution network serves around 8.3 million homes.

A spokesman for the Department of Changhe said the group often receives offers for different assets and declined to comment further.

This article originated from China Fund News

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