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.
U Power pre-market rose by 5.6%, opening at a new stage high momentum, further expanding globally.
Grace 10 31th | U Power (UCAR.US) pre-market trading up by 5.67% to $8.38, opening at a new high. The stock has been showing a continuous uptrend recently, constantly refreshing its high stock price for nearly 3 months. In terms of news, the company recently announced the signing of a memorandum of understanding with Ualabee Corp., a leading mobile travel platform in South America. The strategic partnership aims to integrate U Power's proprietary UOTTA battery swap technology into Ualabee's taxi services in South America, marking an important step in the company's global expansion strategy. (Grace)
Express News | U Power Ltd Files for Mixed Shelf of up to $50 Mln - SEC Filing
U Power and Ualabee Join Forces to Bring Innovative Battery-Swapping Solutions to South America's Ride-Hailing Market
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.
U Power Limited Shares Are Trading Lower. The Stock May Be Moving on Continued Weakness Following Its H1 Financial Results Reported on Tuesday.