Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.Market news: Russia may use new medium-range ballistic missiles to Ukraine.Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.
Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.Fosun Travel responded to privatization: a transitional measure focusing on the light asset model. Following the change of CEO, Fosun Tourism Culture Group (hereinafter referred to as "Fosun Travel") started the privatization process again. On December 11th, in response to Fosun Travel's plan to privatize and delist Hong Kong stocks, Fosun Travel responded that this privatization proposal is based on the decision made by the company's long-term development, and the company will pay more attention to the transition of light asset model. After the privatization is completed, Fosun Travel will continue to maintain the normal operation of its existing business. Nowadays, for Fosun Travel, it can be said that it has reached a "crossroads" of transformation. Some experts in the industry have analyzed that at this time of privatization, Fosun Travel may have transformation needs, and the current low valuation of Hong Kong stocks will allow enterprises to maintain their stock prices at more cost. In fact, in recent years, some tourism enterprises have been privatized and delisted, but when making privatization decisions, they still have to weigh the pros and cons. (beijing business today)The yield of Italian 10-year government bonds fell to the lowest level since mid-August 2022, at 3.162%.
Fujia shares: general election of the board of directors and the board of supervisors. On December 11, Fujia shares announced that the second board of directors of the company will expire on December 29, 2024, and the general election of the board of directors and the board of supervisors will be held. Mr. Wang Yuedan, Mr. Lang Yiding, Mr. Tu Ziqun, Mr. Luo Junbin, Ms. Wang Yiming and Mr. Kang Zuyao are nominated as candidates for non-independent directors of the third board of directors, and Mr. Shen Hongjian, Mr. Yu Weixing and Ms. Zheng Jiwen are candidates for independent directors. At the same time, Mr. Li Qiuyuan and Mr. Shen Xuejun were nominated as candidates for the non-employee representative supervisor of the Third Board of Supervisors, and Mr. Li Mingming was appointed as the employee representative supervisor.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.Duoduo (DUO.P) fell by 8.1%, and it is planned to raise $7 million through additional issuance.