- February 9, 2024
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The three main Hong Kong stock indexes opened lower in early trading and rebounded in shock, narrowing their losses near the end. At the end, the Hang Seng Technology Index fell 0.83%, the Hang Seng Index fell 0.99%, and the Technology Index fell Hang Seng 0.99%, The index fell 1.3%. On the market, the education sector rose, with Education SDM soaring by almost 24%; lottery stocks, the poultry and meat, forestry and timber sectors were among the top gainers. On the other hand, shipping stocks fell, with COSCO Shipping Holdings falling more than 6%; mainland property stocks and financial stocks all fell.
(Article source: Hafu Securities)
Article source: Hafu Securities
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- Topics: Dongcai Home Page,
The Impact Of Electric Vehicles On Safety And…
2024-02-08 23:19:38
Townsend’s research and words join the warnings heard last year from the two most important safety institutes in Europe and the US. “Electric vehicles express a worrying trend in consumer demand for heavier, more powerful and taller cars, which not only endanger other drivers but also have a negative impact on the environment. Of the 11 new cars we tested in the current series of crash tests, only three weigh less than two tons, and only one, the Smart 3, is classified as a family car,” stated the people of the European crash test, the Euroencap last November.
Dr. Michael van Ratingen, the organization’s secretary general, noted at the time: “For years, Euroencap has been accused of increasing the weight of cars. They thought that additional safety features meant additional mass. This was never really the case and the increase in vehicle weight that we see today is definitely not related to safety – it is stems from consumers’ preference for larger vehicles and electrification, with larger and larger batteries being used to assuage consumers’ range anxiety. But this is a trend that does not help either safety or the environment: large, heavy cars are generally less energy efficient than small,
The Rise Of Nvidia: Driving Nasdaq To New…
Nvidia’s Impact on the Stock Market
Recent developments in the tech industry have highlighted Nvidia’s crucial role in driving the Nasdaq to new heights. Let’s delve into the latest news surrounding Nvidia and its influence on the market.
Nvidia’s Growing Dominance
Analysts have long speculated about Nvidia’s potential to surpass $700, and recent reports suggest that this prediction may soon become a reality. The company’s innovative approach to artificial intelligence (AI) has solidified its position as a key player in the chip industry.
Market Analysts’ Projections
Market analysts are closely monitoring Nvidia’s performance, with many predicting significant growth in the coming years. Despite global challenges, Nvidia has managed to achieve a remarkable 41% growth in 2024, defying all odds and expectations.
Investment Opportunities
Investors are eyeing Nvidia as a lucrative investment opportunity, with the potential for substantial returns. A recent analysis suggests that a NVDA Bull Put Spread could yield a 20% return in just a week, showcasing the company’s promising outlook.
Challenges Ahead
While Nvidia’s stock may have experienced a temporary dip, experts believe that this setback is only temporary. Companies like Amazon are eagerly awaiting Nvidia’s next moves, indicating a strong belief in the company’s long-term success.
Ravago And Repsol Inaugurate A New Auto Parts…
2024-02-06 17:33:17 W.M.A
On February 6, 2024
Ravago and Repsol announced today, Tuesday, the opening of a new factory for automobile components in the Tangier Med industrial platform, specializing in the production of plastic parts for cars.
The opening ceremony of the factory, which is located in the Automotive Equipment City (Tangier Automotive City), took place in the presence of the Minister of Industry and Trade, Riad Mazour, the Consul General of Spain in Tangier, officials of the Tangier Med Group, representatives of public administrations and economic actors.
This industrial unit, which extends over an area of 24 thousand square meters, specializes in the manufacture and production of polypropylene (PP) components, which is considered one of the most widely used technical materials in the automotive sector, in addition to polyamide and polybutene components, polyamide terephthalate (PBT), and polyamide compounds and alloys.
This expansion will enable the company to meet the demand of local customers, especially car manufacturers such as Renault Group and Stellantis Group, which have supported the project since its launch.
Repsol and Ravago’s investment in this factory, amounting to 20 million euros, is considered a strategic measure aimed at supporting the international expansion of the two groups thanks to products with high added value directed at the automotive industry.
GOOD GOVERNANCE UNDP Shows Its Support For The…
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Ameriabank Is The Largest Taxpayer Bank In Armenia…
Ameriabank is the largest taxpayer bank in Armenia for the sixth year in a row. According to the data of January-December 2023, the Bank paid a total of 25.7 billion drams in taxes to the state budget.
The indicated indicator has increased more than 3 times compared to the comparable period of the previous year. According to the results of 2022, Ameriabank paid 8.2 billion drams to the state budget.
Let us add that in the list of the first 1000 largest taxpayers of RA published by the SRC, Ameriabank ranks 7th instead of 24th last year.
“Ameriabank” CJSC
Ameriabank is a leading financial and technological institution, one of the significant actors of the RA economic sphere, whose assets exceed AMD 1 trillion. Following the path of digitalization, the Bank has introduced a number of innovative programs and platforms and continues to improve them, forming a dynamically developing financial-technological environment aimed at satisfying various human needs.
Ameria was the first in Armenia to create ecosystems for SMEs and individuals, providing access to a number of banking and non-banking services on a one-stop basis: Estate.ameriabank.am, Automarket.ameriabank.am, Business.ameriabank.am.
Being customer-oriented,
For The Summer Ryanair Returns To 16 Routes…
#summer #Ryanair #returns #routes #Pescara
PESCARA. Ryanair has confirmed its flight plan for the summer to and from Pescara, +1 compared to last year’s schedule. To the 15 routes of Alghero, Barcelona, Brussels, Bucharest, Krakow, Warsaw, Milan Bergamo, Turin, Malta, Prague, London Stansted, Memmingen (Munich), Dusseldorf, Malta, Trapani and Catania, Frankfurt Hahn is added (or rather returns) .
read also: Airport, 15 routes for summer 2023 Pact between Abruzzo and Ryanair: another five years of flights to Italy and many European countries
Over 120 weekly flights are scheduled (5 more than in summer 2023) for which Ryanair will base a B737 aircraft at Pescara airport. TO
read also: Abruzzo airport (archive photo) Airport, return flights from Bergamo cut by 50% Ryanair’s decision after the cancellation of the routes to Turin in April, May and October. Going to and from the North on the same day is increasingly difficult
“This summer, Ryanair will offer even more choice and lower fares” – Saga says in a statement – “to citizens/visitors when booking their holidays with 16 destinations,
BYD Officially Inaugurates 8 Dealers In Indonesia In…
Jakarta –
A manufacturer from China, BYD stepped on the gas in Indonesia by inaugurating 8 dealers simultaneously. PT BYD Motor Indonesia partners with PT Arista Elektrika Indonesia.
Grand Opening of eight BYD dealers simultaneously. The inauguration ceremony was held at BYD BSD Tangerang, while the ceremonies for the other seven dealers were carried out online and live streaming.
Sales, service and spare parts (3S) activities with premium comfort standards at BYD Arista BSD Tangerang, BYD Arista
Tebet, BYD Arista Sunter, BYD Arista Kalimalang, BYD Arista Depok, BYD Arista Soekarno Hatta Bandung, BYD Arista Amir Hamzah Medan and BYD Arista Semarang.
“The inauguration of these eight BYD Arista dealers is proof of BYD’s seriousness in serving EV consumers with the quality implemented by BYD globally. Service quality is key and therefore we have agreed to work together with Arista which already has extensive experience and a good reputation in the Indonesian automotive industry “Overall, we also designed the appearance of the dealer to provide a comfortable atmosphere,” said Eagle Zhao, President Director of PT BYD Motor Indonesia in his statement quoted on Friday (9/2/2024).
Apart from providing purchasing consultations,
Thats Why China Has To Hope That Donald…
Former US President Donald Trump and Chinese President Xi Jinping on November 9, 2017. Fred Dufour/AFP/Getty Images
China will have a hard time maintaining economic growth of four to five percent in the coming years, economist Eswar Prasad told Nikkei.
Beijing is already intervening to support China’s weakening economy and market collapse.
A Trump presidency could still help China expand its economic and political influence around the world.
This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by an editor.
China is taking steps to support its economy and stock markets, but there are limits to what can be achieved, economist Eswar Prasad said.
Stock markets in China continue to record losses
“There is a limit to how far businesses and households can go if they continue to be pessimistic,” Prasad, a Cornell University professor and former International Monetary Fund official with responsibility for China, said in an interview with the published Monday “Nikkei„.
Stock markets in China and Hong Kong continue to post losses in 2024 after losing tri llions of dollars since 2021.