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On April 28, the reporter learned today that the State Administration for Market Regulation (Standardization Administration of the Peoples Republic of China) recently approved and issued the newly revised national standards for tourism services, namely, "Tourism Information Consulting Services" and "Facilities and Service Requirements for Tourism Restaurants". The new version of the national standard "Tourism Information Consulting Services" has been revised in accordance with the new changes and new demands of tourism information consulting services, and has clarified the overall requirements, service content, service methods, service personnel, service facilities and equipment, service improvements and other aspects, with a focus on strengthening online service methods, accessibility and sustainability. The new version of the national standard "Facilities and Service Requirements for Tourism Restaurants" clarifies the terms and definitions of tourism restaurants, and puts forward specific requirements in terms of facilities, dishes, customer service, management systems and other aspects of tourism restaurants, with a focus on updating the integration of culture and tourism, smart services, green consumption and other content.Ukrainian Prime Minister: Ukraine and the United States agreed to waive US aid repayment obligations related to the mineral agreement.On April 28, Goldman Sachs published a research report last Tuesday (22nd) stating that Zhaojin Mining (01818.HK)s first quarter profit performance in fiscal year 2025 was roughly in line with expectations. The bank raised its profit forecast for Zhaojin Mining from fiscal years 2025 to 2027 by 14% to 43%. With the full production of the offshore mine, Zhaojin Minings own gold mine production is expected to increase from 16 tons in 2024 to 30 tons in 2028, which means a compound annual growth rate of 17%. In addition, driven by strong production growth and rising gold prices, recurring net profit is expected to increase from RMB 1.64 billion (the same below) in 2024 to RMB 4.77 billion in 2028, which means a compound annual growth rate of 31%. Goldman Sachs maintained its "buy" rating on Zhaojin Mining, and raised its target price from HK$17 to HK$27.Citi: Lowered JD.coms (JD.O) target price from $56 to $51.Futures News, April 28, in order to further deepen the three-year action plan for the root cause of production safety and effectively control the safety risks in the steel industry, Tangshan Emergency Management Bureau has taken multiple measures to strengthen the safety management of steel enterprises. First, solidly carry out the information construction of steel enterprises. Second, carry out special treatment of coal gas in depth. Third, continue to carry out special rectification of outsourced construction. The "Tangshan City Industry and Trade Industry Outsourced Construction Safety Management Special Rectification Plan" was formulated and issued, focusing on the implementation of the unified coordination and management responsibilities of the contracting enterprises, the safety management of the outsourced construction team, and the safety management of "small construction". 52 key inspection contents were clarified. It is required that all counties (cities and districts) should include the outsourced construction of steel enterprises in the mandatory items for law enforcement inspections in conjunction with the annual law enforcement plan, standardize the unified coordination and management responsibilities of the contracting enterprises, and severely crack down on illegal and irregular behaviors such as special operations personnel working without a license.

Cboe says Robinhood and Virtu among potential equity partners in crypto exchange

Jimmy Khan

Aug 26, 2022 16:23

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Several market players, including retail brokers and market makers, are being spoken to by Cboe Global Markets Inc. about acquiring strategic shares in ErisX, the exchange for digital assets it just bought and will rebrand as Cboe Digital.


According to Cboe, the possible equity partners include IG Group-owned tastytrade, Jump Crypto, Virtu Financial, Interactive Brokers, Jane Street, and Robinhood Markets Inc.


The "soon to be formalized" equity partners, which include Fidelity Digital Assets, Galaxy Digital, NYDIG, and Webull, will support ErisX alongside the anticipated commercial partner companies, according to Chicago-based Cboe.


Cboe Chief Executive Officer Ed Tilly said, "ErisX was formed with the purpose of creating transparent, well-regulated markets for digital assets, and we are thrilled to further accelerate on this ambition with increased support from our partner organizations.


As the foundation of its new Cboe Digital business, Cboe completed the purchase of U.S.-based digital asset spot market operator Eris Digital Holdings (ErisX) in May, which also featured a regulated futures exchange and a regulated clearinghouse.


Due to the collapse in the price of cryptocurrencies, Cboe said last month that it had written down $460 million of its acquisition of ErisX.


On October 20, when the price of bitcoin surpassed $67,000, Cboe declared its plan to buy ErisX. Since then, the value of digital assets has fallen precipitously, with bitcoin presently selling between $20,000 and $25,000.