Category: Flash News

On March 24th, Shenzhen recently held a conference on building a new ecosystem for high-quality development of the electric bicycle industry with the theme of “Smart Safety in the City of Battery Swapping”. It was learned from the meeting that Shenzhen will prioritize promoting the battery swapping mode, and plans to add 20000 electric bicycle charging and swapping ports (spaces) this year to improve the supply capacity of charging and swapping facilities. At the meeting, the establishment ceremony of the Shenzhen “Battery Swap City” Special Committee and the launch ceremony of the battery swap project were also held, and three group standards, including the “General Technical Specification for Intelligent Battery Swap Vehicles for Electric Bicycles”, “Shared Battery Swap Facilities for Electric Bicycles Part 2”, and “Communication Protocol for Shared Battery Swap Facilities for Electric Bicycles Part 3”, were released for the first time, providing technical support for the construction of the “Battery Swap City”.

On March 24th, according to a research report by Everbright Securities, with the rapid growth of fields such as photovoltaics and new energy vehicles, the demand for corresponding organic silicon materials will also increase rapidly. At the same time, considering the increasing requirements for material performance in the iteration of products such as photovoltaics and new energy vehicles, the demand for high-end silicone materials will also grow synchronously, further expanding the market space of silicone materials in these emerging fields.

On March 24th, the exchange bond market saw multiple favorable returns. Recently, the China Securities Depository and Clearing Corporation has launched three measures, including allowing credit bond ETFs to pilot exchange pledged repurchases, expanding the scope of repurchase of credit protected bonds, and temporarily waiving some bond registration and settlement fees. In the view of Tan Chang, a researcher at the China Chengxin International Research Institute, the relevant institutional arrangements have increased financing support for key areas and weak links, while also activating secondary bond market trading. On the one hand, continuing the temporary exemption of service fees and settlement fees for the issuance of private enterprise bonds, and relaxing the qualification requirements for the main body of credit protected bond repurchase business, will help to promote the improvement of the financing environment for private enterprise bonds through coordinated efforts from the issuance, trading, and credit enhancement ends; On the other hand, piloting the repurchase of credit bond ETFs can help increase the demand for credit bond ETFs from the investment side, attract medium and long-term funds to enter the market, indirectly promote the liquidity and trading heat of credit bonds, and better play the role of the exchange’s credit bond market in serving private enterprises.

On March 24th, the NeuroRestore team in Switzerland developed an advanced system that seamlessly integrates implantable spinal nerve prostheses with rehabilitation robots. By emitting precise electrical pulses to stimulate muscles and coordinating with the robot’s movements, natural and effective muscle activity is generated during the treatment process. This technology utilizes the achievements of the Lausanne Federal Institute of Technology in the field of robotics, not only enhancing patients’ immediate mobility, but also promoting long-term rehabilitation effects. The research results were published in the latest issue of the journal Science Robotics.

On March 24th, Google spokesperson Alex Joseph confirmed in an email that Google has started rolling out new artificial intelligence features on Gemini Live that allow AI to “see” content on users’ device screens or phone cameras and respond to users’ questions in real-time. Nearly a year ago, Google first showcased the “Astra Plan”, which laid the foundation for these new features today. (The Verge)

On March 24th, Hungarian Foreign Minister Szijjardo recently stated in an interview with Russia Today that there are currently public discussions within the European Union on how to prevent Hungary from vetoing the EU’s proposal to support Ukraine, and some people are trying to exclude Hungary from EU decision-making. Sijardo said that regarding the Russia-Ukraine conflict, Hungary believes that the way to end the war can only be through negotiations, and this position is in the minority in the EU.

On March 24th, according to the official website of the Beijing Stock Exchange, as of March 23rd, nine listed companies on the Beijing Stock Exchange, including Xingtu Measurement and Control, Shuguang Shuchuang, and Wantong Hydraulic, have disclosed their 2024 annual reports. Upon review, it was found that the performance of the aforementioned companies showed significant differentiation. Benefiting from intelligent transformation, cost reduction and efficiency improvement, many companies have significantly increased their profit margins. Some companies under performance pressure have stated that they will further seize market opportunities and enhance market competitiveness through technological innovation.

On March 24th, several bank wealth management subsidiaries recently launched the first batch of foreign currency repurchase business. According to the China Foreign Exchange Trading Center, since February this year, Hangyin Wealth Management, CMB Wealth Management, Xingyin Wealth Management, and Everbright Wealth Management have reached multiple foreign currency repurchase transactions using Shanghai Clearing House managed bonds as collateral through the trading center’s foreign exchange trading system. Industry insiders generally believe that the addition of wealth management subsidiaries has further enriched the types of participants in the interbank foreign currency repurchase market, providing new liquidity management tools and asset allocation channels for foreign currency wealth management products from the asset side. In addition, with the continuous optimization of the infrastructure of the foreign exchange market, the scale of the domestic foreign currency repurchase market is expected to further expand, and the efficiency of foreign currency fund allocation will also be further improved.

① 16:15 France March Manufacturing PMI Initial Value ② 16:30 Germany March Manufacturing PMI Initial Value ③ 17:00 Eurozone March Manufacturing PMI Initial Value ④ 17:30 UK March Manufacturing PMI Initial Value ⑤ 17:30 UK March Service PMI Initial Value ⑥ 21:45 US March S&P Global Manufacturing PMI Initial Value ⑦ 21:45 US March S&P Global Service PMI Initial Value ⑧ The next day at 02:00, Bank of England Governor Bailey delivered a speech

On March 24th, the health department of the Gaza Strip announced on the 23rd local time that the Israeli military launched an airstrike on the surgical building of Nasser Hospital located in Khan Younis, southern Gaza Strip that evening, resulting in at least 2 Palestinian deaths and 8 injuries. Gaza civil defense staff said that the fire caused by the airstrike has been extinguished.