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Meet Noodles (02408.HK): The final offer price for the initial public offering was set at HK$7.04.Weimob Group (02013.HK): Chairman Sun Taoyong purchased a total of 1.534 million shares of the company on December 4, 2025 at an average price of approximately HK$1.9 per share.On December 4th, Logan Group (03380.HK) announced that, as of the date of the announcement, bonds with a total face value of RMB 13.66 billion have been allocated through debt restructuring offers via cash repurchase options, asset-for-debt swaps, and specific asset trust options. The amount of bonds allocated exceeds 62% of the total remaining principal of the 21 publicly traded domestic bonds as of July 10, 2025, marking significant progress in the domestic debt restructuring. The company will continue its efforts to advance subsequent restructuring options, and it is expected that the vast majority of domestic publicly traded bonds will be allocated and cancelled through subsequent restructuring options such as single asset trust debt-for-debt swaps, secondary cash repurchases (if any), stock options, and collective asset trust debt-for-debt swaps.On December 4th, Country Garden Holdings Co., Ltd. (02007.HK) announced that the restructuring plan for one domestic corporate bond issued by the company, seven domestic corporate bonds issued by its subsidiary Country Garden Real Estate Group Co., Ltd., and one domestic corporate bond issued by its subsidiary Tengyue Construction Technology Group Co., Ltd. have been approved by the relevant bondholders meetings. The principal and interest repayment arrangements for the nine bonds will be adjusted, and the three issuers will provide the aforementioned bondholders with restructuring options including repurchase options, stock options, and general debt options. The company will next arrange for the aforementioned bondholders to select and allocate their corporate bonds among the restructuring options in accordance with the relevant provisions of the restructuring plan, and will disclose and comply with all relevant regulations in accordance with the listing rules as appropriate.A German government spokesperson said that German Chancellor Merz will travel to Belgium on Friday.

Gold trading strategy on October 11: Gold prices are expected to continue to fluctuate sideways, but the downside opportunities are slightly greater

Oct 26, 2021 11:01

On Monday (October 11), spot gold fell slightly. The short-term gold price is expected to continue to maintain a sideways trend, and the downside opportunities are greater than the upside. It is recommended that conservatives wait and see, and radicals short rallies.


Daily level: The price of gold rose and fell last Friday, showing that the short-term strength is still very strong, and the long-term short-term is unlikely to attack again.

The price of gold is still maintaining a sideways trend. This trend is expected to continue in the day. On Monday, the United States will not release economic data due to a holiday, which also determines that the trend of gold will not be too volatile.

Investors need to focus on the downside risk of gold prices. The initial support below is at the 23.6% retracement level of 1743.90. A fall below this level will open the door to the psychological barrier of 1721.76 and 1700.

On the upside, initial resistance focuses on the October 4 high of 1770.44, and further attention to the October 8 high of 1781.41 and the July 23 low of 1790.26.

(Spot gold daily chart)

Resistance levels: 1770.44; 1781.41; 1790.26
Support levels: 1743.90; 1721.76; 1700.00

Short-term operational recommendations: conservatives take the wait and see, and radicals short rallies.

GMT+8 13:54, spot gold was quoted at $1755.94 per ounce.