laitimes

Looking ahead to the Global Industry Morning Report: South Korea's economy will fall out of the world's top ten in 2022

Looking ahead to the Global Industry Morning Report: South Korea's economy will fall out of the world's top ten in 2022

WeChat says it won't show read

On July 12, a hot search for "if WeChat shows read" appeared on Sina Weibo, causing heated discussions among Weibo users. At 10:51 a.m. today, Tencent's WeChat team publicly replied on the official Weibo: Rest assured, there is no "if". That is, WeChat clearly stated that it will not display the message read receipt.

A major breakthrough! The world's first liquid oxygen methane rocket was successfully launched

At 9:00 on July 12, 2023, the Suzaku-2 Yao-2 carrier rocket independently developed by Blue Arrow Aerospace Space Technology Co., Ltd. (hereinafter referred to as Blue Arrow Aerospace) was ignited and launched at the Jiuquan Satellite Launch Center in China, and then entered the scheduled orbit, and the launch mission was a complete success.

Only 1% of young people earn more than 50,000 a month

On July 12, only 1% of young people with a monthly income of more than 50,000 rushed to the top of the hot search list, according to the survey of Red Star Capital Bureau, in the survey of young people between 20~30 years old, nearly 70% of young people said that their monthly income was less than 10,000 yuan. Only 1% said that their average monthly income can exceed 50,000.

National Development and Reform Commission: Domestic gasoline and diesel prices increased by 155 yuan and 150 yuan per ton respectively

On July 12, domestic refined oil prices rose for the first time this year. The National Development and Reform Commission announced that from 24:00 on July 12, 2023, domestic gasoline and diesel prices will increase by 155 yuan and 150 yuan per ton respectively. According to agency estimates, it is equivalent to 0.12 yuan per liter of No. 92 gasoline, 0.13 yuan per liter of No. 95 gasoline, and 0.13 yuan per liter of No. 0 diesel. For an ordinary private car with a fuel tank capacity of 50L, the owner will spend about 6 yuan more to fill up a tank of fuel.

Preliminary plans for China's manned lunar landing were announced

Zhang Hailian, deputy chief of the China Manned Space Engineering Office, disclosed at the 9th China (International) Commercial Space Summit Forum held in Wuhan this morning that the mainland plans to achieve manned landing on the moon before 2030 to carry out scientific exploration, and then will explore the construction of a lunar scientific research and test station to carry out systematic and continuous lunar exploration and related technical test verification.

The recovery trend of individual industrial and commercial enterprises is obvious, with 11.365 million new households added nationwide in the first half of the year

On July 12, the State Administration for Market Regulation held a symposium on individual industrial and commercial enterprises, established a regular communication and exchange mechanism with individual industrial and commercial enterprises, carefully listened to the business conditions, difficult problems and demands and suggestions of individual industrial and commercial representatives, and conducted in-depth exchanges on formulating and introducing more targeted assistance policies and measures to promote the sustainable and healthy development of individual industrial and commercial enterprises. It is understood that in the first half of 2023, the recovery trend of individual industrial and commercial enterprises in the country is obvious and the overall development is stable. In terms of quantity, there has been a large increase in new write-offs. In the first half of 2023, the growth rate of new individual industrial and commercial establishments nationwide was obvious, with a total of 11.365 million new households, a year-on-year increase of 11.3%. By the end of June, there were 119 million registered individual industrial and commercial enterprises nationwide, accounting for 67.4% of the total number of business entities.

Or buy pure electric platforms from Chinese car companies? Audi's latest response is here

It has been reported that Audi is looking to use an electric vehicle platform from the Chinese automaker and is expected to partner with BYD Auto, Geely Auto or BAIC Group. It is reported that Audi's plan has been approved by Volkswagen Group CEO Oberme, and will be approved for implementation at the Audi board meeting this week at the earliest. On July 12, the relevant person in charge of Audi China said that the Chinese auto market is in the largest period of change in history, and Audi will work with all parties to formulate strategic guidelines.

NIO delayed mass production of self-made batteries and slowed equipment procurement

NIO has recently postponed the mass production node of self-made batteries and will advance the project according to the new time. A number of insiders in the industry chain told 36Kr that based on this, NIO has slowed down the purchase of some equipment from battery factories. In response, NIO responded to 36Kr: "According to business needs, we have postponed the mass production of batteries. The project is progressing on track according to the new mass production schedule. ”

Hema Fresh Aquatic Pre-made Dishes was officially launched

Hema officially released a new series of aquatic prepared dishes - Hema Fresh. According to reports, the series is a 'special treatment', no earthy smell of three to chilled aquatic pre-made dishes. The products currently launched by Hema are mainly the basic aquatic products most commonly purchased by consumers, with nearly 20 categories. Nearly a month after its launch, the average daily sales of the new products in the series increased by 30%.

Wanda established Wancai Digital Supply Chain Company, including AI application software development business

Recently, Wancai Digital Supply Chain (Zhuhai) Co., Ltd. was established, the legal representative is Zhao Heihe, with a registered capital of 10 million yuan, and its business scope includes Internet data services, supply chain management services, amusement and entertainment goods sales, artificial intelligence application software development, artificial intelligence basic resources and technology platforms, big data services, etc. Shareholder information shows that the company is wholly owned by Wanda Cultural Industry Co., Ltd., which is a wholly-owned subsidiary of Dalian Wanda Group Co., Ltd.

Grid Coffee: Expect to add 30-50 stores this year

Coffee brand Grid Coffee announced its 10-month report card: it has opened 13 stores in Beijing, and will land the first store of the new PRO in Wang Fu Central, and is expected to add 30-50 stores in 2023.

Tsinghua University SUNIST-2 spherical tokamak was built and obtained the first plasma

Recently, Tsinghua University's new concept magnetic confinement nuclear fusion exploration device, China's United Spherical Tokamak 2 (SUNIST-2), was completed and discharged for the first time. According to reports, SUNIST-2 is a spherical tokamak with the strongest magnetic field and the highest plasma performance in mainland China, which will be mainly used to explore new physics and new technologies for magnetic reconnection to efficiently heat plasma.

In 2022, South Korea's economic scale fell out of the world's top 10 for the first time in three years, ranking 13th in the world

According to data disclosed by the Bank of Korea (central bank), South Korea's nominal gross domestic product (GDP) was $1.6733 trillion last year at market exchange rates, ranking 13th in the world, falling out of the top 10 after three years. After rising to 10th in 2005, South Korea fell out of the top 10 until 2018, when it returned to 10th. It fell to 12th in 2019, returned to 10th in 2020, maintained this result in 2021, and fell to 13th in 2022.

India's decision to impose a 28% tax on online gaming could hit foreign investor confidence

According to foreign media reports, the Indian government said it would impose a 28% tax on the turnover of online game companies, which analysis said would deal a major blow to the country's US$1.5 billion (about 10.78 billion yuan) gaming industry and severely dampen the confidence of foreign investors.

Saudi Arabia's sovereign wealth fund lost about $11 billion in investments last year

On July 11, the Saudi Public Investment Fund (PIF), one of the world's largest sovereign wealth funds, disclosed that it lost about $11 billion on investments last year due to the global market downturn, compared with $19 billion in investment gains in 2021. This translates to a net loss attributable to shareholders of SAR 36.6 billion (approximately US$9.8 billion) in 2022, with total assets increasing to US$778 billion from US$676 billion at the end of 2021.

Intel responds to business changes by deciding to stop direct investment in NUC

According to media reports, Intel recently announced that it has decided to stop direct investment in the NUC (Next Unit of Compute) mini computer business. Intel responded that the company did not release the information reported by the media on the official news platform, but only mentioned business adjustments in emails with relevant customers and employee emails. As for the specific content of the adjustment, according to Intel, the company decided to stop direct investment in NUC's business and adjust its strategy to help ecological partners continue to promote NUC's product innovation and business growth.

Due to the rapid loss of streaming users, Disney's Indian company may face sale

Foreign media quoted people familiar with the matter as reporting that Walt Disney Co. is considering joint venture or sale options for its Indian company, Star India. In 2019, Disney acquired the asset from 21st Century Fox for $71.3 billion. The deal gives Disney the broadcast and streaming rights to the Indian Premier League, as well as stakes in dozens of multilingual TV channels and a Bollywood film company. Disney has talked to at least one bank about ways to help the Indian business grow and share some of the costs, according to people familiar with the matter. Negotiations are still at an early stage.

ICBC Argentina opens its first RMB bank account

It was learned from Industrial and Commercial Bank of China (Argentina) Co., Ltd. (ICBC Argentina) that the bank successfully opened its first RMB bank account on the same day. An official in Argentina's banking sector, speaking on condition of anonymity, said ICBC Argentina could be the first local commercial bank to open a renminbi account.

Indian IT outsourcing giant Wipro plans to invest $1 billion in artificial intelligence

Indian IT outsourcing giant Wipro said on Wednesday it plans to spend $1 billion over the next three years to train its 250,000 employees in artificial intelligence technology and integrate the technology into its products. The investment also includes bringing together 30,000 employees from cloud, data analytics, consulting and engineering teams to embed the technology into all internal operations and solutions for customers, the company said.

SoftBank is considering listing PayPay in the United States

According to three people familiar with the matter, SoftBank Group (SFTBY. US) is considering listing its PayPay payment business in the United States. Given the generally high valuations of tech companies in the United States, the New York Stock Exchange is a more attractive listing destination than the Tokyo Stock Exchange, one of the people said. According to people familiar with the matter, the timing of the listing is still unclear, because the loss-making PayPay needs to show a clear profit path first.

Buffett says 5 minutes can solve the U.S. deficit problem, Musk commented

Elon Musk responded to a video of Buffett's "archaeology" on Twitter 12 years ago, pointing to a key cause of America's huge debt problem — excessive spending. In July 2011, Buffett said in an interview, "I can end the deficit in five minutes." You just need to pass a law that states that at any time the deficit exceeds 3% of GDP, all sitting members of Congress are not eligible for re-election. yes, now you're using incentives in the right places, right? Musk commented under a tweet that reposted the video: "Incentives are important. The current system incentivizes overspending, so we have overspending. ”

SEMI: Global semiconductor equipment sales are expected to decline 18.6% year-over-year to $87.4 billion this year

The International Semiconductor Industry Association (SEMI) estimates that global semiconductor manufacturing equipment sales this year will fall 18.6% year-on-year to $87.4 billion, and are expected to return to $100 billion in 2024. SEMI said that in 2023, including fab equipment and back-end packaging and testing equipment sales will decline simultaneously, of which fab equipment sales will decrease by 18.8%; Sales of packaging and test equipment decreased by 20.5% and 15%, respectively.

Nvidia is in talks to become an anchor investor in the ARM IPO

SoftBank-owned chip designer Arm is believed to be on track to create its biggest IPO in 2023. According to previous reports, SoftBank is actively preparing for the company's listing in September, hoping to attract more anchor investors, Intel is one of them.

1. EHang, an intelligent autonomous aerial vehicle company, announced that it has signed a private placement subscription agreement totaling US$23 million with a number of strategic investors, led by Lee so-man, founder of SM Entertainment in South Korea.

2. Guangdong Eastern Spectrum Mandy Technology Co., Ltd. has completed a pre-IPO round of financing of more than 200 million yuan.

3. Quenzyme Bio completed a series A financing of nearly 100 million yuan to accelerate the construction of a green factory for natural food additives.

4. In June, the total financing in the field of carbon neutrality decreased by 43.97% month-on-month, and the energy storage track was the most active.

1. The CSRC approved the registration applications of Wuhu Fusai Technology Co., Ltd. and Fujian Qiaolong Emergency Equipment Co., Ltd. for their initial public offering and listing on the Growth Enterprise Market.

2. Huayang Motor's IPO registration on the Beijing Stock Exchange was approved, and it is planned to raise about 480 million yuan.

3. Breaking the stock Xishan Science and Technology Innovation is low, and the IPO overraised 970 million yuan.

4. The IPO of Ole New Materials is about to be held, and it is planned to raise 577 million yuan to enhance the company's market competitiveness.

1. On July 12, the three major A-share indexes closed down collectively, with the Shanghai Composite Index falling 0.78% to close at 3196.13 points, the Shenzhen Component Index falling 0.99% to close at 10919.26 points, and the ChiNext Index falling 0.90% to close at 2196.85 points. The market turnover was slightly enlarged, reaching 911.9 billion yuan, and northbound funds bought a net 495 million yuan.

2. As of the close of Hong Kong stocks on July 12, 2023, the Hang Seng Index rose 1.08% to 18860.95 points; The Hang Seng State-owned Enterprises Index rose 1.30% to 6377.99 points; The Hang Seng Technology Index rose 1.96% to 4,081.37.

3. US stock index futures rose collectively, with Dow futures up 0.62%, S&P 500 futures up 0.81%, and Nasdaq 100 futures up 1.05% as of July 12.

4. On July 12, domestic futures opened mostly higher at night, with Shanghai silver up 1.21%, Shanghai nickel up more than 1%, iron ore up 1.23%, coking coal up 0.83%, crude oil up 0.72%, and liquefied gas up 1.24%.

5. On July 12, U.S. natural gas futures fell more than 3.00% intraday and are now trading at $2.649/MMBtu.

Dear teachers, what do you think of the latest new energy vehicle purchase tax policy?

On June 21, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology jointly issued the Announcement on Extending and Optimizing the New Energy Vehicle Purchase Tax Reduction and Reduction Policy. Compared with the previous "first exempt for one or two years", this policy directly announces the reduction plan for the next four years at one time, and the specific provisions are as follows:

· New energy vehicles with a purchase date between January 1, 2024 and December 31, 2025 are exempt from vehicle purchase tax, of which the exemption amount for each new energy passenger vehicle does not exceed 30,000 yuan;

· The vehicle purchase tax will be levied on the vehicle purchase tax halving for new energy vehicles with a purchase date between January 1, 2026 and December 31, 2027, of which the tax reduction amount for each new energy passenger vehicle shall not exceed 15,000 yuan.

It means that in the next four years, the purchase tax policy of new energy vehicles is "two exemptions and two halves". For many new energy vehicle companies that are rolling in and have not yet made a profit, the continuation of the reduction and reduction can be described as another "charging".

In fact, not only in China, in recent years, under the influence of carbon emission pressure, the policy support for new energy vehicles in various countries has continued to strengthen. The share of new energy vehicles in the overall automobile market has increased year by year. In 2021, the market share of new energy passenger vehicles increased to 8.5% of the overall passenger car market, an increase of 4.8 percentage points from 2020.

Looking ahead to the Global Industry Morning Report: South Korea's economy will fall out of the world's top ten in 2022

In 2021, China's new energy passenger vehicle sales reached 3.31 million units, accounting for 53% of the global market share, surpassing Europe and becoming the world's largest new energy vehicle market.

Looking ahead to the Global Industry Morning Report: South Korea's economy will fall out of the world's top ten in 2022

The penetration rate of new energy vehicles in the world has generally shown a rapid improvement trend, reaching 8.5% this year, of which China's new energy penetration rate has reached 13%, Germany has reached 23%, and Norway has reached 70%. It's just 4 percent in the U.S. and 1 percent in Japan. Therefore, the imbalance of new energy development in the world is extremely obvious. With the increase in the penetration of new energy in the United States, the world's new energy vehicles have entered a new stage of strong development.

Looking ahead to the Global Industry Morning Report: South Korea's economy will fall out of the world's top ten in 2022

For more information about the research and analysis of this industry, please refer to the "2023-2028 China New Energy Automobile Industry Market Outlook and Investment Strategic Planning Analysis Report" by the Prospective Industry Research Institute

At the same time, the Prospective Industry Research Institute also provides solutions such as industrial big data, industrial research reports, industrial planning, park planning, industrial investment promotion, industrial map, intelligent investment promotion system, industry status certification, IPO consultation/fundraising feasibility study, IPO working paper consultation and so on. Quoting the content of this article in any public information disclosure such as prospectus and annual report of the company requires formal authorization from the Prospective Industry Research Institute.

More in-depth industry analysis can be found in the [Prospective Economist APP], and you can also interact with 500+ economists/senior industry researchers.

Read on