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10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Freight Technologies | 6-K: Report of foreign private issuer (related to financial reporting)
U.S. stock market anomaly | nisun international fell by 16.25%, the largest decline among Chinese concept stocks.
October 25th | The top five stocks with the largest decline in Chinese concept stocks are: nisun international down 16.25%, highway holdings down 12.5%, Mindong Red down 12.32%, kuke music down 12.07%, freight technologies down 11.85%. (格隆汇)
12 Industrials Stocks Moving In Monday's Intraday Session
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
US stocks unusual movement | CN Energy rose 34.78%, the largest percentage gain among Chinese concept stocks.
October 11th, Glonhui | The top five stocks with the largest gains in Chinese concept stocks at the close are: CN Energy up 34.78%, Galaxy Payroll up 33.77%, Regencell Bioscience up 31.13%, Freight Technologies up 14.53%, and Thunder Power Holdings up 14.18%.
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