crypto and, Top stories

Beijing State Management's 30 billion yuan small public debt project was accepted by the Shanghai Stock Exchange. According to the information platform of corporate bond projects of the Shanghai Stock Exchange, the status of Beijing State-owned Capital Operation Management Co., Ltd.' s 30 billion yuan small public debt project was updated to "accepted", and the acceptance date was December 10, 2024. The application draft of the prospectus shows that the funds raised by this corporate bond are intended to be used for productive expenses, including but not limited to the repayment of corporate debts (including corporate bonds due), supplementary liquidity, project construction and operation, equity investment (including venture capital funds, government-funded industrial investment funds and other funds that meet the relevant national regulations) and other purposes that meet the requirements of laws and regulations. Part of the funds raised by this corporate bond is intended to be used to repay corporate debt, of which 2 billion yuan is intended to be used to repay the issuer's corporate bond principal due.Commerzbank: It is predicted that by the end of 2025, the copper price will rise to $9,700 per ton.Fitch Ratings: Trade tension intensifies or affects the growth of global chemical demand.

Swiss Re: It is estimated that the global real GDP growth rate will reach 2.7% in 2026. Swiss Re released the latest sigma report, and the world economy is expected to maintain steady growth in the next two years, but the downside risks will rise. It is estimated that the global real GDP growth rate will reach 2.8% and 2.7% in 2025 and 2026, which is basically the same as that in 2024.Turkish President Erdogan: We cannot allow Syria to split.JD.COM Airlines officially joined the International Air Transport Association (IATA). According to Jingdong Logistics, on December 3rd, JD.COM Airlines officially joined the International Air Transport Association (IATA) and became its member. JD.COM Airlines takes Nantong Xingdong International Airport as its main operating base, and has a fleet of several Boeing 737-800 all-cargo planes, which carry out scheduled and non-scheduled flights covering many major cities in China and international destinations.

Indonesia's car sales in November fell by 11.9% year-on-year.Lee Ka Chiu John: Hong Kong is committed to becoming a leading global risk management center. In a speech at the Asia Insurance Forum 2024 held in Hong Kong on the 10th, Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) said that Hong Kong is committed to becoming a leading global risk management center. Lee Ka Chiu John said that as one of the three largest financial centers in the world, Hong Kong has about 160 authorized insurance companies, including six of the top ten insurance companies in the world. At present, Hong Kong has issued five catastrophe bonds, raising more than 700 million US dollars to resist typhoons, earthquakes and other natural disasters and provide risk mitigation measures for the global joint response to climate change. He stressed that as the region with the highest concentration of insurance companies and the highest insurance density in Asia, Hong Kong is committed to becoming a leading global risk management center. The SAR Government will continue to invite mainland and overseas enterprises in China to set up exclusive self-insurance companies in Hong Kong.Ruiang Gene: The actual controllers Xiong Hui and Xiong Jun were arrested. Ruiang Gene announced that the actual controller, chairman and general manager Xiong Hui and actual controller, director and deputy general manager Xiong Jun of the company have been arrested for alleged fraud, and related matters need further investigation. Mr. Xiong Jun, Mr. He Junyan and Mr. Xue Yuwei submitted written resignation reports for personal reasons, and will take other positions in the company after resigning. At present, the company has targeted related matters.