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.
U Power Files to Sell 629K Class A Ordinary Shares for Holders
12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
U Power Posts Wider Loss In H1 - Quick Facts
U Power H1 EPS $(1.02), Sales $1.8M
U Power 1Q Rev $1.8M >UCAR
Express News | U Power Announces First Half of 2024 Financial Results
U Power Limited Shows Stable Financials
U Power | 6-K: Report of foreign private issuer (related to financial reporting)
US stock market outlook: US September non-farm data higher than expected! Three major futures indicators surge in a straight line; will Chinese concept stocks continue to climb? Morgan Stanley: If short positions cover, it will push up the upward trend.
Bank of America: China stock fund saw the second highest inflow scale in history in the past week; European Central Bank Governing Council: inflation is under control, concerns arise as labor market cools down; spirit airlines plunged 33% before the market, the company is discussing potential bankruptcy application terms.
US stock market outlook: Three major futures indexes narrowed their pre-market declines, with most Chinese concept stocks weakening; Goldman Sachs is once again 'rooting' for the S&P! US stocks will see a big rise at the end of the year.
The Fed leads the way! The global rate cut pace is beginning to accelerate significantly; ongoing strikes at US ports lead to a sudden increase in inflation risks; Berkshire Hathaway plans to issue yen bonds for the second time this year, analysts say Buffett may be eyeing financial and shipping stocks.
Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
Express News | The People's Bank of China: We need to speed up the introduction of financial increment policy measures files, and implement and implement each policy measure one by one.
Express News | The Central Financial Office and the China Securities Regulatory Commission jointly issued the "Guiding Opinions on Promoting the Entry of Medium to Long-term Funds into the Market".
Last night, Goldman Sachs' phone lines were jammed! Goldman Sachs answered the five most important questions from customers regarding the explosion of assets in China.
Goldman Sachs indicated that their buy volume in Hong Kong stocks and A-shares is 1.87 times, with buying mainly concentrated in Hong Kong.