virtual currency business model Top Block

Sumeida: Its mechanical and electrical company won two standby power supply projects in succession. According to Sumeida, in the fourth quarter of 2024, Sumeida went all out to sprint the annual target task. Its mechanical and electrical company continued to deepen the domestic and international markets and won two standby power supply projects in succession, namely, the first-phase mechanical and electrical equipment room supporting project of China Mobile Guangdong, Hong Kong and Macao (Shaoguan) data center and the standby power supply project with an annual output of 100,000 tons of high-purity silicon-based materials in the Middle East.Treasury futures closed in early trading, with 30-year main contracts up 0.74%, 10-year main contracts up 0.41%, 5-year main contracts up 0.28% and 2-year main contracts up 0.09%.Afternoon comments on Hong Kong stocks: Hang Seng Index fell by 1.66%, Hang Seng Technology Index fell by 1.95%, Hong Kong stocks closed at noon, Hang Seng Index fell by 1.66% and Hang Seng Technology Index fell by 1.95%. Sunac China fell more than 6%, while Xpeng Motors and CITIC Securities fell more than 4%.

South Korea's KOSPI index erased all the declines since the martial law storm.Market News: mitsubishi electric is negotiating with Japanese domestic competitors to jointly produce power chips, and advocates an alliance in manufacturing key components that drive global equipment.Lin Yifu: Four advantages empower China's economy and drive global development. The Central Economic Work Conference was held in Beijing on December 11th and 12th. It was pointed out that in 2025, more active and promising macro policies will be implemented to expand domestic demand and promote the integrated development of scientific and technological innovation and industrial innovation. Lin Yifu, president of Peking University New jiegou Research Institute, said in an interview that the advantages of talent, market, supply chain and system make China continuously competitive, and China will continue to be the driving force of global economic growth. （CGTN）

Wanwuyun: Signing a new framework agreement with Vanke, with the term ending at the end of 2027. On December 13th, Wanwu cloud hosting Science and Technology Service Co., Ltd. (02602.HK) issued an announcement. In view of the fact that the existing framework agreement will expire on December 31st, 2024 and the company intends to continue to sign similar transactions thereafter, the board of directors announced that Wanwuyun signed a new framework agreement with Vanke on December 12th, 2024, including a framework agreement on the use and maintenance of new technology systems. New property leasing Framework Agreement; New AIoT and BPaaS solution service framework agreement; New property service framework agreement; New value-added service framework agreement; And the new property agency service framework agreement, valid from January 1, 2025 to December 31, 2027. As of the date of announcement, Vanke Company accounts for 56.84% of the issued share capital of Wanwuyun and is the controlling shareholder. At the same time, the announcement shows that the extraordinary general meeting of shareholders will be held on December 31, 2024 to review and approve related transactions and annual caps. In addition, Wanwuyun announced that its registered address in China has been changed to Room 2201, Building B, Chuangzhiyun Center, No.1 Guangsha Road, Futian District, Shenzhen City, Guangdong Province.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. 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)CICC: Gradually filling the gap between inflation and demand will be the direction of economic work next year. The Central Economic Work Conference will be held in Beijing from December 11th to 12th. The research department of CICC believes that for the economic goal of next year, after "maintaining stable economic growth", the meeting proposed to "maintain overall stability in employment and prices" and put forward "focusing on goal guidance and striving to achieve an optimal combination of stable growth, stable employment and reasonable price recovery". This is the first time in the past 15 years that "stabilizing prices" has been taken as the goal of annual economic work during the period of low prices. The research department of CICC believes that gradually bridging the inflation gap and demand gap will be the direction of economic work next year.