bitcoin the future of money Top stories

The US dollar index rose by 0.3%, the Japanese yen fell to 153, and the Swiss franc fell by over 0.9%. On Thursday (December 12), the ICE dollar index rose by 0.31% to 107.038 points, and the intraday trading range was 106.354-107.041 points. The whole day showed a volatile upward state, but the European Central Bank announced a rate cut, the US PPI data was released, and Beijing. The Bloomberg dollar index rose by 0.28%, reaching a daily high of 1288.41 points, and then fluctuated upward after reaching a daily low of 1281.12 points at 15:17. The dollar rose 0.14% against the yen to 152.67 yen, and the intraday trading range was 151.81-152.77 yen. The euro fell 0.27% to 1.0467, the pound fell 0.62% to 1.2673, and the dollar rose 0.93% to 0.8924 against the Swiss franc. Among the commodity currencies, the Australian dollar was roughly flat after falling back against the US dollar, while the New Zealand dollar fell by 0.29% and the US dollar rose by 0.44% against the Canadian dollar. The Swedish krona fell 0.38% against the US dollar, while the Norwegian krona fell 0.26% against the US dollar.Biden will attend the virtual meeting of the Group of Seven scheduled for 9: 30am EST (9: 30pm Beijing time).Shenzhen Yuejiang Technology Hong Kong IPO seeks to publicly issue 40 million shares, with an offering price range of HK$ 18.80-20.80 per share. It is expected that the stock will be priced on December 19th and trading will begin on December 23rd.

In addition to the front page content, today's People's Daily's main financial contents include: 1. The special promotion activity of "Investing in China" in the Middle East was held in the United Arab Emirates; 2. Promote China's economic ships to ride the wind and waves to achieve stability (talk about implementation)-comrades attending the meeting talk about implementing the spirit of the Central Economic Work Conference; 3. On the 10th anniversary of the comprehensive water supply, the first phase of the East Central Line Project has transferred more than 76.7 billion cubic meters of water to the northern region, solidly promoting the South-to-North Water Transfer Project to exert greater benefits (authoritative release); 4. Overcome the problem of traveling on the thin soft soil seabed, and the domestic underwater cable laying robot can complete the launching test with an operating speed of kilometers per hour; 5. Ensure that artificial intelligence is always a "friend" (live comment); 6, more and better use of clean energy (micro); 7. The tenth batch of 62 kinds of drugs were successfully purchased by the state, and the products selected in this centralized purchase will be used in April next year; 8. The competitiveness index of China's overall agricultural scientific papers ranks first in the world; 9. The personal pension system will be implemented nationwide, and the number of accounts opened has exceeded 70 million, adding more stable income investment varieties. Experts advise investors to allocate products according to their own risk preferences, financial management knowledge and age; 10. In the first nine months of this year, tourism revenue increased by 8.6% year-on-year. Brazil accelerated the development of tourism and expected more tourists from China to visit; 11. Malaya Investment Bank-The economies of several ASEAN countries are expected to maintain growth next year.Shanghai's "trade-in" has driven consumption to exceed 10 billion yuan. According to the statistics of Shanghai Jiaodian Household Appliances Business Association, as of December 11, Shanghai's household appliances consumption subsidy activities have achieved remarkable results, and the number of people participating in the trade-in of household appliances in Shanghai has exceeded 3.57 million. The sales of eight categories of household appliances, including air conditioners, computers and refrigerators, covered by the state subsidy increased by 30%-40% year-on-year. During the implementation of the policy, the cumulative amount of subsidies reached 1.165 billion yuan, and the consumption of household appliances and household products by all platforms exceeded 10 billion yuan. (Liberation Daily)Chip-concentrated stocks clustered in four major industries, and 43 stocks fell for more than three consecutive periods. According to the statistics of Securities Times and DataBao, as of December 12, 300 stocks disclosed the number of shareholders in the latest period, compared with the previous period (November 30), there were 162 stocks with a decrease in the number of shareholders. Specifically, the number of shareholders in 29 stocks decreased by more than 5%, and the number of shareholders in 5 stocks decreased by more than 10%, including Dongfang Huanyu, Zhongshe, Baina Qiancheng, Midland New Materials and Hengshuai. Many chip-concentrated stocks have performed well in the recent market. According to the statistics of DataBao, the average share capital of 126 chips has increased by 4.86% since last month, and the cumulative increase of 18 stocks is above 10%. The top gainers are Guoan Da, Beiwei Technology and Silk Road Vision, which have increased by 42.5%, 26.18% and 21.44% respectively. From the industry point of view, the number of chip concentrated stocks is the largest in the four major industries of mechanical equipment, power equipment, electronics, medicine and biology.

Guotai Junan: It is expected that the lithium price will fluctuate in the bottom range in 2025, and there is a strong opportunity and space for rebound. Guotai Junan Securities recently reported that the lithium price has entered the bottom range by the end of 2024. If the demand maintains the current neutral estimate in 2025, the lithium price will fluctuate in the bottom range. At present, the market is optimistic about the demand in 2025, and the industry supply has slowed down. It is estimated that the price trend of lithium will fluctuate in the bottom range in 2025, in which the stage is affected by seasonal factors and there is a strong rebound opportunity and space. The market expected the trading of lithium plate earlier, that is, when the commodity price bottomed out, the lithium plate already contained the expectation of industrial clearing. When the industry actually enters the stage of supply and clearing, the sector will trade commodity price reversal expectations. From this, we infer that the rise of lithium plate will start before the spot price reverses.The South Korean National Assembly will vote on the impeachment case of Yin Xiyue at 4 pm tomorrow. It is reported that the South Korean National Assembly will hold a plenary meeting at 4 pm on the 14th (3 pm Beijing time) to vote on the motion on impeaching President Yin Xiyue. Opposition parties such as the Common Democratic Party originally planned to vote at 5 pm tomorrow, but the President's Office of the National Assembly moved the voting time forward by one hour. The Office of the Speaker of the National Assembly published news materials in this regard, saying that the impeachment case of Yin Xiyue was reported to the plenary session of the National Assembly this afternoon. According to relevant laws, Congress must vote on the impeachment case 24 hours after it is reported to the plenary session. This vote is a major issue concerning the country, and the President's Office of the National Assembly decided to vote one hour in advance, taking into account the internal discussion time of various parties and other factors.Broadcom: Our company and Apple are in a commitment of cooperation for several years.