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On May 19, the Hong Kong Stock Exchange issued a statement condemning Huang Weichao, the former company secretary of Hangzhou Qiming Medical Devices Co., Ltd., and further instructing him to complete training. Huang Weichao failed to act in accordance with the role and responsibilities of a company secretary. Therefore, in accordance with Rule 2A.10B(3) of the Listing Rules, Huang Weichao was held liable for the companys breach of the Listing Rules by providing unauthorized financial assistance to two directors (which the company acknowledged in its announcements published in 2023 and 2024 respectively).On May 19th, the Dalian Commodity Exchange (DCE) reported the following changes in warehouse receipts for various commodities: 1. Corn futures: 84,297 lots, a decrease of 3,700 lots from the previous trading day; 2. Live hog futures: 2,859 lots, a decrease of 20 lots from the previous trading day; 3. Ethylene glycol futures: 13,498 lots, unchanged from the previous trading day; 4. Soybean oil futures: 25,467 lots, unchanged from the previous trading day; 5. Soybean No. 1 futures: 22,737 lots, unchanged from the previous trading day; 6. Polypropylene futures: 15,936 lots, unchanged from the previous trading day; 7. Coking coal futures: 850 lots, a decrease of 634 lots from the previous trading day; 8. Styrene futures: 292,970 lots, an increase of 2,388 lots from the previous trading day; 9. Polyethylene futures warehouse receipts: 13,750 lots, down 359 lots from the previous trading day; 10. Liquefied petroleum gas futures warehouse receipts: 4,194 lots, unchanged from the previous trading day; 11. Soybean meal futures warehouse receipts: 36,580 lots, unchanged from the previous trading day; 12. Palm oil futures warehouse receipts: 2,371 lots, unchanged from the previous trading day; 13. Egg futures warehouse receipts: 0 lots, unchanged from the previous trading day; 14. Polyvinyl chloride futures warehouse receipts: 103,456 lots, up 469 lots from the previous trading day; 15. Soybean No. 2 futures warehouse receipts: 1,900 lots, unchanged from the previous trading day; 16. Corn starch futures warehouse receipts: 12,453 lots, unchanged from the previous trading day; 17. Iron ore futures warehouse receipts: 6,350 lots, up 800 lots from the previous trading day; 18. Coking coal futures warehouse receipts totaled 1,771 lots, a decrease of 35 lots compared to the previous trading day.On May 19th, the Shanghai Futures Exchange (SHFE) reported the following warehouse receipts and changes: 1. International copper futures warehouse receipts: 14,721 tons, a decrease of 200 tons from the previous trading day; 2. TSR20 rubber futures warehouse receipts: 35,583 tons, unchanged from the previous trading day; 3. Hot-rolled coil futures warehouse receipts: 614,838 tons, unchanged from the previous trading day; 4. Lead futures warehouse receipts: 67,628 tons, an increase of 127 tons from the previous trading day; 5. Pulp warehouse futures warehouse receipts: 205,945 tons, a decrease of 1,930 tons from the previous trading day; 6. Pulp mill warehouse futures warehouse receipts: 20,000 tons, unchanged from the previous trading day; 7. Medium-sulfur crude oil futures warehouse receipts: 3,511,000 barrels, unchanged from the previous trading day; 8. Fuel oil futures warehouse receipts: 47,160 tons, unchanged from the previous trading day; 9. 10. Petroleum asphalt futures warehouse receipts: 31,220 tons, unchanged from the previous trading day; 11. Petroleum asphalt warehouse futures warehouse receipts: 21,120 tons, unchanged from the previous trading day; 12. Gold futures warehouse receipts: 110,649 kg, a decrease of 24 kg from the previous trading day; 13. Butadiene rubber futures warehouse receipts: 0 tons, a decrease of 33,400 tons from the previous trading day; 14. Nickel futures warehouse receipts: 78,830 tons, an increase of 267 tons from the previous trading day; 15. Stainless steel warehouse futures warehouse receipts: 71,936 tons, an increase of 1,640 tons from the previous trading day; 16. Zinc futures warehouse receipts: 108,776 tons, a decrease of 306 tons from the previous trading day; 17. Copper futures warehouse receipts: 102,250 tons, an increase of 97 tons from the previous trading day; Aluminum futures warehouse receipts totaled 480,815 tons, an increase of 176 tons from the previous trading day; 18. Natural rubber futures warehouse receipts totaled 138,410 tons, unchanged from the previous trading day; 19. Low-sulfur fuel oil warehouse futures warehouse receipts totaled 1,540 tons, a decrease of 500 tons from the previous trading day; 20. Silver futures warehouse receipts totaled 975,876 kg, a decrease of 1,257 kg from the previous trading day; 21. Alumina futures warehouse receipts totaled 0 tons, a decrease of 507,634 tons from the previous trading day; 22. Tin futures warehouse receipts totaled 8,878 tons, a decrease of 284 tons from the previous trading day; 23. Rebar warehouse futures warehouse receipts totaled 92,615 tons, unchanged from the previous trading day.Hesai (HSAI.O) shares rose more than 6% in pre-market trading in the US.Alphabet shares rose 1.1% in pre-market trading after it reached an agreement with Blackstone Group to jointly launch an artificial intelligence cloud business.

BTC Fear & Greed Index Falls Despite BTC Avoiding Sub-$16,000

Jimmy Khan

Nov 24, 2022 15:40

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Bitcoin (BTC) increased by 2.44% on Wednesday. BTC finished the day at $16,613 after rising by 2.87% on Tuesday. For the first time in three sessions, BTC avoided trading below $16,000.


BTC dropped to a low of $16,168 early in the morning following a mixed day's start. BTC surged to a late high of $16,682, avoiding the First Major Support Level (S1) at $15,791. At $16,469, the First Major Resistance Level (R1) was breached by BTC, which ultimately closed the day at $16,613.


On Wednesday, FTX contagion risk decreased even further, supporting the cryptocurrency market desperately needed. Former FTX CEO Sam Bankman-Fried boosted investor hopes after learning that the company had cash reserves of $1.24 billion.


Bankman-Fried wrote in a letter to the staff, "Perhaps there still remains a chance to preserve the company. I think there are many billions of dollars in sincere interest from new investors that could be used to compensate customers. But since I have no control over it, I can't guarantee you anything.


The letter came after news that Justin Sun of Tron and Brad Garlinghouse of Ripple were interested in buying FTX assets. Investors are hopeful that the collapse of FTX will have a minimal effect on creditors given the stated cash holding of $1.24 billion.


The FOMC meeting minutes provided more assistance for the cryptocurrency market overnight. Before the holidays, talk of letting up on the gas helped riskier assets, with the NASDAQ Composite Index increasing by 0.99%. The US economic data underwhelmed, though, restricting the NASDAQ's potential growth.


Since the US markets are closed for Thanksgiving, there are no US statistics to take into account today.