CHINA RARE EARTH GROUP ISSUED A STATEMENT ON THE 1ST, SAYING THAT RECENTLY, CHINA RARE EARTH GROUP CO., LTD. FOUND THAT CRIMINALS IN THE NAME OF "ORIENTAL RARE EARTH", IMPERSONATED CHINA RARE EARTH GROUP CO., LTD., AN ENTERPRISE BELONGING TO CHINA RARE EARTH GROUP CO., LTD., AND ILLEGALLY CARRIED OUT CAPITAL INVESTMENT AND OTHER ACTIVITIES. After verification, Oriental Rare Earth is a fiction of criminals, and all their behaviors have nothing to do with our company and our affiliated enterprises.
It is reported that Foxconn has won an order for Tesla's automotive electronic control unit (ECU) and will expand the shipment of automotive electronic module products, which will be produced at its Mexican plant. On June 1, people in the industry chain confirmed that the above news was true and revealed that the business was being done by Foxconn D Business Group.
C&D announced on the 1st that the company and its holding subsidiary Lianfa Group intend to pay cash to Red Star Holdings to purchase 29.95% of its shares in Macalline at a transaction price of 6.286 billion yuan. After the completion of the transaction, C&D is expected to become the controlling shareholder of Macalline.
According to the China Enforcement Information Open Network, the enforcement court is the Leshan Intermediate People's Court. In March this year, the Leshan Intermediate People's Court reported that Qiao Tianming, chairman of Jiannanchun Group, had been sentenced to five years in prison and fined 400 million yuan for bribery and private division of state-owned assets.
Bilibili announced its 2023 quarterly report showing that it achieved revenue of 5.1 billion yuan in the first quarter, compared with 5.054 billion yuan in the same period last year, an increase of 0.3% year-on-year, and adjusted net loss of 1 billion yuan (about 150.1 million US dollars), a year-on-year decrease of 38%.
BYD sold 240,200 new energy vehicles in May, compared with 114,900 units in the same period last year. Cumulative sales for the year reached 1,002,600 units, a year-on-year increase of 97.63%.
Li Auto delivered a total of 28,277 new vehicles in May, a year-on-year increase of 146%. As of May 31, 2023, the cumulative delivery volume of Li Auto is 363876 units.
In response to the news that "Nezha Automobile is considering applying for a Hong Kong IPO of $1 billion in June", the relevant person in charge of Nezha Automobile responded that "the news is not true".
Baidu network disk said that the latest version of Baidu network disk is being upgraded and optimized, resulting in temporary inability to download in Apple APPStore, and will soon return to normal. Apple's App Store page shows that at present, Baidu network disk App can no longer be searched from the app store, and entering "Baidu network disk" can only search for Baidu network disk youth version. Click Baidu Network Disk from the downloaded app to show that you cannot connect to the network.
CSC announced that Li Geping, executive director, submitted a resignation report to the company's board of directors due to personal reasons, applying for resignation as the company's executive director, a member of the board's development strategy committee, a member of the board's risk management committee, as well as the company's general manager, executive committee member and financial leader.
The three major A-share stock indexes opened low and high on the 1st, and their gains narrowed in the afternoon. By the close, the Shanghai Composite Index edged up 0.07 points, the Shenzhen Component Index rose 0.39%, and the ChiNext Index rose 0.59%. Conceptual sectors such as Chinese Corpus, stock trading software, and digital assets rose first, while concept sectors such as air transport selection, traditional Chinese medicine selection, and thermal power fell first.
The net outflow of northbound funds was 1.802 billion yuan on the 1st. Kweichow Moutai, China Exempt and LONGi Green Energy received net sales of 837 million yuan, 418 million yuan and 407 million yuan respectively. Luxshare Precision led the way in net purchases of $196 million.
The Hang Seng Index fell back to close down 0.1% on the 1st, and the Hang Seng Technology Index rose 0.11%. The large consumption, industrial and real estate sectors fell the most, and Hengji Properties fell more than 5% to lead the blue chips. The nonferrous metals, technology, and utilities sectors rose first, and the concept of AI broke out again, and Kingsoft Cloud rose nearly 17%.
Southbound funds sold a net HK$3.664 billion on the 1st. TraHK Fund, Hang Seng China Enterprises and Southern Hang Seng Technology were net sellers of HK$5.003 billion, HK$473 million and HK$270 million respectively. Tencent Holdings bucked the trend and received a net purchase of HK$740 million.
On the 1st, the private equity firm Zhishan Investment announced that it intends to arrange 4 researchers and an artificial intelligence-based robot (tentatively named Cybertron) to independently manage 5 different private equity funds.
From January to April 2023, the mainland's service trade maintained an overall growth trend, with the total import and export of services reaching RMB2,081.651 billion, a year-on-year increase of 9.1%.
On May 25 and 26, Commerce Minister Wang Wentao held talks with U.S. Commerce Secretary Raimondo and Trade Representative Dai Qi. Regarding the results of the communication, Ministry of Commerce spokesperson Shu Hengting responded at the regular press conference of the Ministry of Commerce on June 1, saying that "the US semiconductor industry policies and export controls such as the Chip and Science Act are important economic and trade concerns of the Chinese side, and they are also key issues raised in the talks between Minister Wang Wentao and the US side." The two sides had in-depth exchanges on this and agreed to continue discussions in the future. ”
According to the central bank, in May 2023, in order to maintain the reasonable and sufficient liquidity of the banking system, combined with the liquidity needs of financial institutions, the People's Bank of China carried out medium-term lending facilities for financial institutions totaling 125 billion yuan, with a term of 1 year and an interest rate of 2.75%, unchanged from the previous month. The balance of medium-term lending facilities at the end of the period was 5,154 billion yuan.
Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said at the 2023 Shenzhen Stock Exchange Global Investor Conference that it will expand and optimize the business of Stock Connect depository receipts and support more listed companies to issue and list them in the European market.
According to the website of the Ministry of Education, the number of applicants for the national college entrance examination in 2023 will be 12.91 million, an increase of 980,000 over last year, and a new record high.
The International Energy Agency has released its June 2023 Renewable Energy Market Outlook. In the report, the IEA said China will account for about 55 percent of global renewable energy growth capacity in both 2023 and 2024. The International Energy Agency expects the global renewable energy capacity growth trend to continue in 2024, rising to 4,500 gigawatts (GW) of global renewable energy capacity, about equal to the current capacity of China and the United States.
The Cyberspace Administration of China held a symposium to listen to the opinions and suggestions of some enterprise representatives on optimizing the business network environment. The meeting demanded that the management of problem accounts should be further strengthened, accounts that maliciously debut and coerce enterprises to carry out commercial cooperation should be strictly dealt with, and that the hiring of online trolls to slander and smear enterprises should be severely cracked down.
Where to go on Children's Day? Tianyan inspection shows that up to now, there are more than 229,000 amusement park-related enterprises in the country, of which 59,000 are newly registered in 2022. From the perspective of geographical distribution, Guangdong Province has the largest number of amusement park-related enterprises, with more than 24,000; Shandong and Jiangsu rank second and third.
At about 13:00 on June 1, a tornado occurred in Fuxin City, Liaoning Province. According to rescuers, the tornado mainly affected the area in Tianjia Village, and preliminary statistics have affected more than 70 households, affecting more than 200 people. At present, the affected people are being moved, and more than 10 injured people have been taken to hospitals for treatment, and no deaths have been reported.
The Fuzhou Real Estate Intermediary Industry Association recently issued the Guiding Opinions on Reasonably Adjusting the Commission Standards for Second-hand Real Estate Transactions to Promote the Recovery of Real Estate Consumption. According to the Guiding Opinion, the current method of full payment of transaction commission by the buyer will be adjusted to one in which the buyer and seller share the commission equally; Reasonably reduce the commission fee standard of intermediary enterprises, set the unilateral commission ratio at 1.5% of the transaction price of the house, and the guidance will be officially implemented from June 1, 2023, with a trial period of one year.
Nanjing will carry out consumer subsidy activities for car purchases and home appliances. From June 6, a one-time subsidy of RMB 1,000 per vehicle will be given for fuel vehicles and new energy vehicles below RMB 200,000; Fuel vehicles of more than 200,000 yuan (inclusive) will be given a one-time subsidy according to 4,000 yuan per vehicle; New energy vehicles of CNY 200,000 or more will be given a one-time subsidy of CNY 5,000 per vehicle.
The three major indexes of U.S. stocks rose collectively. The Dow rose as high as nearly 260 points or 0.8% during the session, regaining 33,000 points, the S&P 500 rose as much as 1.3% and regained 4,200 points, and the NASDAQ rose as much as 1.6% and gained 13,000 points. By the close, the NASDAQ was up 1.28%, the S&P 500 was up 0.99%, and the Dow was up 0.47%. The S&P returned to its nine-and-a-half-month high since August 19, with the Dow close to recovering losses since Friday, and the Nasdaq hitting its highest since August 16.
Popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 4.07%. Manbang rose by more than 7%, Baidu and JD.com rose by more than 6%, and Pinduoduo, Tencent Music and Vipshop rose by more than 5%.
Major European stock indexes closed up en masse, with Germany's DAX30 up 1.21%, Britain's FTSE 100 up 0.6%, and France's CAC 40 up 0.55%.
The settlement price of international crude oil futures rose by more than 2%. WTI July crude futures closed up $2.01, or 2.95 percent, at $70.1 a barrel. Brent July crude futures closed up $1.62, or 2.23 percent, at $74.28 a barrel. Intraday WTI rose as high as nearly $3 or 4.4%, returned above the $70 mark and once rose above $71, Brent rose as high as $2.65 or 3.7%, once stood at $75, both stopped falling for two days and got out of a four-week low.
COMEX gold futures for June ended up 0.72% at $1,978 an ounce.
With broad bipartisan support, the U.S. House of Representatives voted to pass the debt ceiling bill on Wednesday night, "breaking through" the Democratic-controlled Senate as soon as Thursday.
Eurozone preliminary CPI rose 6.1% year-on-year in May, refreshing the lowest since February last year, and the final value rose 7.0% in April, and was flat month-on-month, with the final value rising 0.6% in April.
According to the "Consular Express" WeChat public account, recently, the Chinese Embassy and Consulates General in the UK have received a number of reports of Chinese citizens suffering virtual kidnapping of telecommunications network fraud and private exchange of foreign exchange fraud, and the relevant cases have caused major economic losses and psychological trauma to the parties and their families.
Swiss Finance Minister Karin Keller-Sutter said in an interview published Wednesday that Credit Suisse had repaid 100 billion Swiss francs ($112.5 billion) in bailout funds borrowed from government guarantees.
According to the Russian Satellite News Agency, the economic situation report released by the Russian Ministry of Economic Development shows that the Russian economy grew by 3.3% year-on-year in April this year, showing positive growth for the first time in the year. Between January and April 2023, Russia experienced a recession of 0.6%. According to the latest forecasts, Russia's GDP can grow by 1.2% this year and 2% in 2024. Russia's inflation rate this year is expected to be 5.3%.
Boeing wholly acquires Wisk Aero, developer of eVTOL (electric vertical take-off and landing aircraft). It is reported that eVTOL, also known as flying cars, is an innovative air transportation tool and is also regarded as a solution to optimize the pain points of the integrated development of future urban agglomerations.
Domestic new vehicle sales in May were 326,730 units, up 25.0% y/y and up y/y for the ninth consecutive month. This was mainly due to a decline in sales due to the shortage of semiconductors and parts in the previous year, resulting in a base effect.
In an email to the publisher, Nintendo said it decided that Switch eShop, an online store in Russia, will operate on a "limited service" basis from May 31, 2023, due to "economic prospects." The statement wrote that Nintendo Europe has decided to end the operation of its Russian subsidiary, "In order to fulfill its previous commitment to customers in the Russian market, the Russian version of the Nintendo Online Store will be set to provide limited services." ”
Hyundai Motor Group announced on January 1 that its first overseas hydrogen fuel cell system R&D, production and sales base "HTWO Guangzhou" has been officially completed, and mass production and sales will begin in June this year. It is reported that the base plans to produce 6,500 sets of hydrogen fuel cell systems per year.
Cialis: New energy vehicle sales in May were 8,562 units, down 18.08% year-on-year.
Beixin Road and Bridge: Won the bid for a 107 million yuan highway reconstruction project.
GF Securities: The subsidiary intends to purchase no more than 20.2% of the shares of Value Partners Group for a total consideration of less than RMB1 billion.
Tongji Technology: The subsidiary won the bid for the project project of 1.266 billion yuan.
China Nuclear Power: The subsidiary plans to acquire 100% of the shares of Channel Chiyuan New Energy for 319 million yuan.
China Energy Construction: The shares of the company held by the controlling shareholder acting in concert are transferred free of charge.
Southern Media: Digital publishing companies are still in the early stages of research on AI technology.
Shunhao shares: suspected of the crime of bribery by the unit, was registered by the Chuzhou Supervision Commission.
Sany Renewable Energy: Plans to transfer 100% equity of Chiyuan New Energy for 319 million yuan.
Litong Electronics: Plans to set up a project company with Century Longteng to invest in and operate AI computing power related projects.
Sichuan Luqiao: Luqiao Group, a wholly-owned subsidiary, signed a contract of about 32.408 billion yuan.
Lanshi Heavy Equipment: Signed a strategic cooperation agreement with Donghua Technology.
*ST Xinhai: The actual controller and its concerted actors intend to increase their holdings by 65 million shares to 70 million shares.
Zhang Yu A: The chairman bought 1,800 shares of the company.
Jin Zitianzheng: The company is not involved in the recent rumors of artificial intelligence and brain-computer interface related business.
Yongqing Environmental Protection: It is planned to set up a wholly-owned subsidiary for 300 million yuan to carry out new energy business.
Zhongju High-tech: The court ruled to auction 9 million shares of the company held by the controlling shareholder.
BDStar: The National Integrated Circuit Fund intends to reduce its holdings by no more than 2%.
Tianhe shares: Zhongshan Zhongke intends to reduce its holding of no more than 1.46% of its shares.
Hexin Instrument: Kunshan Guoke plans to reduce its holding of no more than 2% of the company's shares.
Xiaoming shares: Xiamen Chentu and others plan to reduce their holdings by no more than 5.77% in total.
Yongjin shares: Terminate investment in Indonesian projects.
14:45 French industrial output for April
20:30 US unemployment rate in May, US non-farm payrolls after May quarterly adjustment (10,000)
This article is from China Fortune Network