cryptocurrency have future, Overview

BOC International: Reiterating that China Telecom is the first choice for the "buy" rating of Chinese telecom stocks, BOC International published a research report that the contribution of cloud services to revenue and profit continues to promote the growth of Chinese telecom operators, and cloud and artificial intelligence services are becoming the only sustainable driving force for Chinese telecom operators' revenue and EBITDA. China Telecom and China Unicom have recorded steady growth in profit margin of EBITDA in two quarters this year. With the development of state-owned enterprises and local governments, the bank expects to support the development of end-to-end proprietary cloud infrastructure services for telecom operators for a long time to improve security and regulatory requirements, and at the same time, Chinese telecom stocks can provide attractive valuation and dividend returns to support their long-term performance. Therefore, it reiterates its "buy" rating for Chinese telecom stocks, with China Telecom as the first choice, followed by China Unicom and China Mobile.Shenzhen Airport cooperated with China Airlines to build the first domestic civil aviation international transit service system. According to Shenzhen Airport, the first domestic civil aviation international transit service system jointly built by Shenzhen Airport and China Airlines was officially released recently. The system is dedicated to solving the problems of data barriers and information blind spots in the supervision of international transit passengers and luggage, which will effectively improve the security efficiency of international through flights and international transit passengers and further enhance the competitiveness of Shenzhen Airport International Aviation Hub.Fu Bao Information: The spot price of lithium carbonate is temporarily stable. Today, the battery-grade lithium carbonate in Fu Bao reported 75,750 yuan/ton. According to the data released by Fu Bao Lithium Power Network, the spot basis index of electric carbon is -660 yuan/ton (flat); Battery-grade lithium carbonate reported 75,500 yuan/ton (-250 yuan/ton); Industrial grade lithium carbonate (comprehensive) reported 73,500 yuan/ton (flat); The average price of battery-grade lithium carbonate is 75,750 yuan/ton (-100 yuan/ton); Lithium hydroxide index reported 70,677 yuan/ton (flat); Spodumene (SC5% in Africa) reported 535 USD/ton (flat); Spodumene (China CIF6%) reported $810/ton (flat); The spodumene index (5%≤Li2O<6%) was reported as 5750 yuan/ton (flat); The lepidolite index (2%≤Li2O<4%) was reported at 2150 yuan/ton (flat); Bauxite (7%≤Li2O<8%) is reported at 8540 yuan/ton (flat); Lithium-rich aluminum electrolyte index reported 2135 yuan/ton (flat); Fu Bao brine (lithium sulfate) discount coefficient reported 76% (flat).

Exclusive Baidu Geely Joint Voice: The transfer process has been completed, and the social security for employees of Jiyue was paid in November. On the afternoon of December 13th, Sina Technology learned exclusively that Baidu and Geely Automobile, the two major shareholders of Jiyue Automobile, have reached a consensus today and jointly stated that as shareholders, they will actively assist the management of Jiyue to properly handle related matters: the social security payment for employees and the compensation for employees who leave their posts will be solved as soon as possible; Maintain the normal use, after-sales and maintenance of users' vehicles; Promote the reasonable and legal settlement of other matters. According to reports, Geely and Baidu have completed the transfer process on the evening of the 12th, and paid social security for the employees in November. It is reported that Jidu Automobile Co., Ltd. is a new start-up company established by Geely Holding and Baidu Holding, and it is an innovative product to explore the intelligent transformation of automobiles. Jiyue automobile products are manufactured by Geely factory and authorized to operate exclusively by Jidu. Due to the great changes in the industry competition pattern, the established business plan cannot be implemented and the operation has encountered challenges. (Sina Technology)Market News: Lotte Chemical will suspend the Johor plant to reduce losses.Alipay sells cryptocurrency funds? Originally an indirect investment in a product of Huabao Fund, the subscription has been suspended. Recently, some netizens found that Huabao Fund promoted a fund product issued by Huabao Fund in Alipay-QDII-FOF-LOF C (hereinafter referred to as "Huabao Overseas Technology C"), promoting "riding the wind to encrypt the rising market of currency" and "the representative of subversive innovation technology: cryptocurrency". According to the report of Warburg Overseas Technology C in the third quarter of this year, among the top ten funds with the highest fair value at the end of the reporting period, five were only index funds managed by Ark Investment Management under Cathy Wood, the "Mujie", accounting for 73.12% of the total. Looking through the archives of ARK Management Fund, the reporter found that ARK Innvonation ETF (hereinafter referred to as "ARKK"), the largest heavyweight of Huabao Overseas Technology C, was invested in Coinbase, a cryptocurrency exchange. ARK Next Generation Internet ETF (hereinafter referred to as "ARKW"), the second largest warehouse, invests in GBTC(Grayscale Bitcoin Trust) or investment tools such as Bitcoin, Ethereum and other cryptocurrency ETFs. ARKW also suggests the risks related to the indirect investment of funds in cryptocurrencies. In addition, Coinbase ranks third among ARKW's heavy stocks. The reporter logged on to several consignment platforms such as Ant Fortune, Licaitong, Tiantian Fund, China Merchants Bank, Snowball Fund and found that the product was sold on the above platforms, but from December 11th, the large subscription of Class A shares and Class C shares was suspended, and the daily limit for each person was 1000 yuan RMB. However, on December 13th, Huabao Overseas Science and Technology Stock Securities Investment Fund announced that it would suspend subscription and regular fixed investment business. (21 Finance)

The Jiading District Government of Shanghai organized statistics on the arrears of dealers. The reporter was informed that the relevant departments of the Jiading District Government of Shanghai have stepped in to count the arrears of dealers. At about 13: 00 on December 13th, the reporter of Beijing News Shell Finance saw at the registration site of Shanghai Yongqiao Village Committee that a staff member was organizing the dealers present to fill out the form, and the information collected included the name of the company, contact person, goods supplied, amount owed, due date, etc. (Shell Finance)Bank of Communications: Wang Wenjin resigned as business director. Due to job transfer, Wang Wenjin has submitted a written report to the board of directors of the company and resigned as business director (corporate and institutional business). His resignation will take effect on December 13, 2024.The qualification of general manager of Mercedes-Benz Auto Finance Co., Ltd. was approved. On December 13th, the website of Beijing Financial Supervision Bureau issued an official reply, approving the qualifications of directors and general managers of Gert Christian Middelhauve Mercedes-Benz Auto Finance Co., Ltd.. The company shall require the above-mentioned personnel with approved post qualifications to strictly abide by the relevant regulatory provisions of the General Administration of Financial Supervision, take up their posts within 3 months from the date of making this administrative licensing decision, and report their posts in a timely manner as required. If he fails to arrive within the above-mentioned prescribed time limit, this approval document will become invalid, and the decision-making organ shall go through the formalities for cancellation of administrative license.