blockchain and digital currency Top Overview

The concept of commercial aerospace fluctuated and strengthened. China satellite hit the daily limit, and China satellite hit the daily limit in the afternoon. Cisco Rui and Shanghai Hanxun rose more than 10%, while Zhenradium Technology, Sichuang Electronics, Zhimingda, Shanghai Hugong and China Weitong rose more than 5%.Chuangyuan Co., Ltd.: At present, the domestic market of IP co-branded products is relatively small. In view of the recent sales situation of Wenchuang and IP derivative products, Chuangyuan Co., Ltd. said in a survey conducted by the reception agency on December 9 that IP co-branded products are loved by some consumers offline, but at present, the domestic market of the company is relatively small, which has little impact on the company's performance. Chuangyuan also said that the company currently has three major production bases in Ningbo, Anhui and Vietnam. The revenue in the first three quarters of 2024 has exceeded the annual revenue in 2023, and the capacity utilization rate has remained at a high level. The company has been working hard to improve the production capacity of the production base in Vietnam. In the future, according to the market situation, it will not rule out further expansion of production capacity in Southeast Asia.Pakistan's KSE-100 index rose 1% to 111,119.90.

Malaysia's palm oil exports from December 1 to 10 were 423,567 metric tons, while those from November 1 to 10 were 419,094 metric tons.Citic Lyon: We are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange, but we should pay attention to the fluctuation of H shares of Chinese brokers. Citic Lyon issued a report saying that we are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange (00388.HK), and noted that china galaxy (06881.HK) is highly sensitive to the transaction costs of A-share securities. Citic Lyon expects that the A-share trading volume will remain stable in 2025 with the support of favorable liquidity, ETF growth and structural shift of household balance sheets to financial assets, but the bank reminds investors to pay attention to the recent excessive fluctuation risk of H-share brokers.HSBC: The Bank of Japan may raise interest rates next week. Economists at HSBC Global Research pointed out that the Bank of Japan may raise interest rates at its meeting in December. Frederic Neumann and Jun Takazawa, the bank's economists, said that the recent hawkish remarks by officials reflected both foreign exchange fluctuations and the improvement of economic data. Most members of the Bank of Japan's Policy Committee may have enough confidence that wages will continue to increase generally next year and will choose to raise interest rates before December and January, when Trump takes office. Japan's economy and prices are still on the normal track, and wages, consumption and service inflation have all made progress. HSBC predicts that the Bank of Japan will raise interest rates by 25 basis points again in the first quarter of 2026, bringing the policy interest rate to 1%.

An explosion in a fuel depot in Italy caused 2 deaths and 9 injuries. It is reported that on the 9th local time, an explosion occurred in a fuel depot in Karenzano, Florence, central Italy, killing 2 people, leaving 3 missing and 9 injured.Prudential is said to be considering selling about 30% of Hanya.Minister of Trade and Industry of Malaysia: ZTE will invest 45.2 million US dollars to establish two innovation centers in Malaysia. Malaysian Minister of Investment, Trade and Industry Zavrl said that ZTE plans to invest 200 million ringgit (45.2 million US dollars) to establish two innovation centers, and introduce its latest 5G technology to Malaysia through cooperation with local operators. ZTE Malaysia is also building a regional center of excellence to support its global business. Zavrl said that 95% of ZTE's 5G equipment uses Malaysian chips.