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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.
BMO Comments on New Vehicle Sales in Canada, US
LOBO EV and Nexalin Technology Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV
Shares of EV Companies Are Trading Lower. The Sector May Be Moving Amid Possible Sympathy With Ford Motor, Which Fell After Reporting Q3 Earnings and Issued FY24 Guidance.
Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Lower. The Sector May Be Moving Amid Overall Market Weakness and a Rise in Treasury Yields.
The stock of ideanomics has risen by 42.86%, making it the Chinese concept stock with the largest increase.
October 23rd, the top five stocks with the largest gains in Chinese concept stocks are: Ideanomics, up 42.86%; Jowell Global, up 30.08%; Highway Holdings, up 29.59%; Lobo EV Technologies, up 28.38%; and EZGO Technologies, up 24.53%. (GLENC)
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