Baiao Intelligent: Cancel the absorption and merger of wholly-owned subsidiaries. Baiao Intelligent announced on December 10 that the company intends to cancel the absorption and merger of wholly-owned subsidiaries Kunshan Baisente Materials and Materials Co., Ltd. and Kunshan Baiao Intelligent Logistics Co., Ltd. in consideration of the actual operation and business development plan of the company. This termination will not lead to changes in the scope of the company's merger, the actual rights and interests held by the company will not change, it will not adversely affect the company's production and operation, and there will be no harm to the interests of the company and shareholders.Australia's S&P/ASX 200 index closed at 8399.40 points, down 0.28%.Research Report: In the third quarter, the installed capacity of traction inverters for electric vehicles in China accounted for 61% of the world. According to the latest research of TrendForce Jibang Consulting, the total installed capacity of traction inverters for electric vehicles in the third quarter of 2024 reached 6.87 million, which was 7% higher than that in the same period last year, but the growth rate has been reduced. In the competition pattern of first-class suppliers, BYD benefited from the hot sales of its models. In the third quarter, the installed market share of traction inverter increased by 1% to 18%, surpassing Denso of Japanese factory for the first time and becoming the company with the highest market share. The market share of Huichuan Technology has also increased to 6%, which shows that the competitiveness of China manufacturers in this field continues to increase. Generally speaking, China manufacturers, Japanese manufacturers and Tesla together account for half of the global installed capacity, while the influence of European and American manufacturers is gradually weakening. TrendForce Jibang Consulting indicated that the regional differentiation of traction inverters is becoming more and more obvious, with the installed capacity in China accounting for 61% of the global total. Under the pressure of shrinking market, Europe is actively reforming and cutting expenditure to enhance the competitiveness of the electric vehicle industry chain. In the short term, the stable demand in China market will continue to support the growth of traction inverter market. In the long run, if the European automobile industry chain can be successfully reformed, it will help boost the overall performance of the global traction inverter and electric vehicle market.
The IMF believes that Asian economies are resilient enough to withstand the test of turmoil. Economists of the International Monetary Fund (IMF) say that Asian economies are resilient enough to withstand the test of turmoil, emphasizing the importance of calmly coping with turmoil when the region faces various internal risks and challenges brought by Trump's return to the White House. Asia is still the key engine of global economic growth, but uncertainty caused by many factors has increased this year. The unexpected leadership change in Japan, the chaotic martial law storm in South Korea and Trump's tariff threat all make the future of the region even more unpredictable. Alasdair Scott, head of the Asia-Pacific Department of the IMF, declined to comment on specific countries and political situations, but he emphasized the resilience of Asia and said that the region still has great growth potential.Malaysia exported 1.49 million tons of palm oil in November, down 15%.Morgan Stanley published a research report that Jingdong Logistics management predicted that the net profit growth in FY 2024 would increase by 49% year-on-year, far exceeding the bank's expected 30% increase. As for the profit growth forecast for next year, it is 9% year-on-year. The bank also believes that the acquisition of Jingdong Logistics across the remaining rights and interests of Express is positive and is expected to have further synergy. Morgan Stanley set the target price of H shares of Jingdong Logistics at HK$ 13.1, giving it a rating of "keeping pace with the market".
Violation of equity incentive plan? Tesla was fined 70,000 yuan. Recently, Tesla Motors (Beijing) Co., Ltd. was fined 70,000 yuan by the Beijing Branch of the State Administration of Foreign Exchange for violating foreign exchange registration regulations. The types of illegal acts involve Articles 2 and 8 of the Notice of the State Administration of Foreign Exchange on Relevant Issues Concerning Domestic Individuals Participating in Foreign Exchange Management of Equity Incentive Plans of Overseas Listed Companies. According to the above law, the equity incentive plan of Tesla Motors (Beijing) Co., Ltd. may be illegal. (21 Finance)This round of Palestinian-Israeli conflict has killed 44,758 people in the Gaza. According to a statement issued by the health department in Gaza on December 10th, local time, since the new round of Palestinian-Israeli conflict broke out on October 7th last year, Israeli military operations in Gaza have killed 44,758 Palestinians and injured 106,134 others.Reserve Bank of Australia: You can't say when you have confidence in inflation. Reserve Bank of Australia President Brock said that you can't say when you have confidence in inflation, but the Committee has noticed weak data. Our forecast does show that inflation will slow down. If this happens, there will be a moment when we will be confident enough that inflation will return to the target range and start to relax interest rates. We will observe the upcoming data before the meeting in February next year and evaluate what these data mean for inflation and whether we can achieve our forecast.
Strategy guide
Strategy guide