EUR/USD
1.17273
0.155%
Gold
4411.79
1.666%
Oil
57.005
0.871%
USD/JPY
157.402
-0.179%
GBP/USD
1.34194
0.344%
GBP/JPY
211.230
0.165%
Real-time News
On Monday, December 22, the Hang Seng Index closed up 111.24 points, or 0.43%, at 25,801.77; the Hang Seng Tech Index closed up 47.79 points, or 0.87%, at 5,526.83; the H-share Index closed up 38.45 points, or 0.43%, at 8,939.68; and the Red Chip Index closed up 24.0 points, or 0.59%, at 4,075.4.December 22nd - According to sources within the supply chain, in response to the most dramatic price surge in the global memory chip market in nearly five years, an executive from a leading global PC manufacturer recently made intensive visits to major global memory chip manufacturers, including Samsung Electronics, SK Hynix, and Micron, and has reached preliminary supply guarantee agreements with these suppliers. The source did not disclose which leading PC manufacturer this was, but industry analysts believe that Lenovo or HP are currently the two companies most likely to possess this negotiating power. Lenovos PC business held a 25.5% global market share in the latest quarter, while HPs was 19.8%.Hong Kong Stock Exchange: As of December 19, 106 newly listed companies raised HK$274.6 billion through initial public offerings (IPOs).The UK FTSE 100 index opened down 40.31 points, or 0.41%, at 9857.11 on Monday, December 22; the French CAC 40 index opened down 12.31 points, or 0.15%, at 8139.07; the Euro Stoxx 50 index opened down 2.45 points, or 0.04%, at 5757.90; the Spanish... The IBEX 35 index opened down 39.27 points, or 0.23%, at 17,130.53 on Monday, December 22; the Italian FTSE MIB index opened up 12.95 points, or 0.03%, at 44,770.50 on Monday, December 22; and the German DAX 30 index opened down 3.12 points, or 0.01%, at 24,292.83 on Monday, December 22.On December 22nd, Baowu Magnesium Industry stated during a targeted survey that since the release of the new national standard, upstream and downstream companies in the electric vehicle industry chain have quickly taken action to actively initiate the replacement of plastic parts with magnesium alloys. It is expected that during the 15th Five-Year Plan period, the use of magnesium in electric two-wheelers will continue to increase rapidly. Currently, many electric bicycle companies have begun to actively adopt magnesium alloy materials. Industry leaders such as Aima, Yadea, and Niu have already used magnesium alloys to manufacture wheel hubs, frames, and other components in some models. Judging from the companys orders, the use of magnesium alloys in two-wheeled electric vehicles is increasing rapidly, a trend driven by the new national standard policy, lightweighting requirements, and technological advancements. With increased penetration and expanded application components, even greater growth is expected in the coming years, indicating a broad market prospect.
