crypto source- Top Knowledge

Japan's Shimane nuclear power plant operating company said that there was no abnormality in the reactor water level gauge of Unit 2, which was previously misjudged. On December 12, local time, China Electric Power Company of Japan conducted an investigation on the report that the reactor water level gauge of Unit 2 of Shimane nuclear power plant was once abnormal, and the results showed that there was no abnormality. The company said that the value displayed by the instrument was normal, but the operator misunderstood the data and misjudged it as abnormal. (CCTV News)The RMB exchange rate is expected to appreciate again at the end of the year. The research team of the Financial Market Department of Agricultural Bank of China said that the market transactions have shown obvious narrative-driven characteristics in recent years. Considering some recent changes, the RMB exchange rate is expected to stabilize and rebound again in the future. First, the pricing of Trump transactions in the international market has come to an end. Second, there has been a major shift in domestic macro policies. Since late September, financial policies such as lowering the RRR, cutting interest rates, supporting the stock market and the real estate market, and fiscal debt measures have boosted market confidence. Third, there has been a favorable change in supply and demand in the domestic foreign exchange market. The end of the year is the traditional peak season for enterprises to settle foreign exchange, and the continuous forward discount will lead to the backlog of foreign exchange settlement, which will further amplify the demand for foreign exchange settlement at the end of the year. Further considering the overall situation of the game between China and the United States, Trump's return not only means the enhancement of external shocks, but also the upgrading of internal policies. The RMB exchange rate will maintain two-way fluctuations next year, and it is no longer a steady profit for enterprises to hold US dollars and postpone foreign exchange settlement. While stabilizing domestic foreign trade and foreign investment, continuing to expand high-level opening-up and expanding domestic demand in an all-round way implies the certainty of economic stabilization and recovery, which is expected to promote the return of short-term securities investment and medium-and long-term direct investment and help the RMB stop falling and rebound.Han Yong's bribery case of illegally accepting property of more than 261 million yuan was heard in the first instance. On December 12, 2024, the Nanning Intermediate People's Court of Guangxi Zhuang Autonomous Region held a trial in the first instance to hear the bribery case of Han Yong, former deputy director of Chinese People's Political Consultative Conference Population, Resources and Environment Committee and former party secretary and chairman of Shaanxi Provincial Political Consultative Conference. The Nanning Municipal People's Procuratorate sued the accusation: From 1993 to 2023, the defendant Han Yong took advantage of his position as Party Secretary and Procurator-General of Songyuan Municipal People's Procuratorate of Jilin Province, Party Member and Deputy Procurator-General of Jilin Provincial People's Procuratorate, Deputy Secretary of Jilin Provincial Commission for Discipline Inspection, Standing Committee of Xinjiang Uygur Autonomous Region Party Committee, Minister and Deputy Secretary of Organization Department, Party Secretary and Chairman of Shaanxi Provincial Political Consultative Conference, and the convenience of his authority and position to help relevant units and individuals in business operation, project contracting and cadre appointment. The procuratorial organ requested Han Yong to be investigated for criminal responsibility for accepting bribes.

Weilai will build a 9-vertical and 9-horizontal high-speed power exchange network in the coming year. At the communication meeting before NIO Day 2024, Weilai announced the latest construction progress of the charging and replacing infrastructure layout. As of December 12th, Weilai has built 2,779 power exchange stations in China, including 907 expressway power exchange stations. Weilai will open the national 9 vertical and 9 horizontal high-speed power exchange network during the year, and it is estimated that there will be over 900 expressway power exchange stations, with an average of one power exchange station every 200 kilometers. This marks that Weilai has completed the construction of expressway power exchange network among major cities in China, and it is also the first automobile enterprise in China to complete the construction of power supply and energy replenishment facilities covering national high-speed trunk lines, so that users can realize high-speed direct power exchange between major cities in China. (Securities Times)Nordic United Bank: The risk of the European Central Bank cutting interest rates by 50 basis points cannot be ignored. Nordic United Bank said that the European Central Bank may cut interest rates by 25 basis points again, but there is also a significant risk of cutting interest rates by 50 basis points. The differences within the Committee have intensified again, and it is not easy for Lagarde to get another consistent compromise. A possible compromise is to cut interest rates by 25 basis points, and at the same time, some guidelines are given, indicating that as long as the ECB's benchmark view remains unchanged, it may cut interest rates again in January. Our benchmark expectation is still to cut interest rates by 25 basis points before the meeting in April next year, when the deposit interest rate is expected to reach 2.25%.Adobe's US stocks fell about 9% before the market, and the company's annual performance guidance was worse than expected.

Schlegel, Governor of the Swiss National Bank: Since the last interest rate decision, the inflation rate has been lower than expected. The development of the Swiss franc is still an important factor.Qianjin Pharmaceutical Co., Ltd.: The subsidiary company obtained the dapoxetine hydrochloride Pharmaceutical Registration Certificate, and Qianjin Pharmaceutical announced that Qianjin Xiangjiang Pharmaceutical Co., Ltd. received the dapoxetine hydrochloride Pharmaceutical Registration Certificate approved and issued by National Medical Products Administration. The medicine is suitable for the treatment of male premature ejaculation patients aged 18 to 64.The Syrian Sharm el-Liberation Organization said that it would disband the Syrian government security forces. On December 11th, Giulani, leader of the Syrian Sharm el-Liberation Organization, said in a statement to Reuters that he would disband the Syrian government security forces and close the prison.