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Real-time News
On November 14th, the meeting emphasized that the construction of "two major projects" (referring to key national projects and major infrastructure projects) should be planned and promoted within the overall framework of the "15th Five-Year Plan," firmly grasping the strategic, forward-looking, and holistic requirements to promote the in-depth implementation of major national strategies and the steady improvement of security capabilities in key areas. The meeting stressed the need to optimize project review, paying greater attention to investment in innovative elements and intangible assets to promote the development of new productive forces. It also emphasized the importance of improving project coordination and promotion mechanisms, strictly managing engineering quality and safety, and simultaneously ensuring asset management and subsequent operation and maintenance. Furthermore, the meeting called for rationally arranging the pace of project construction and fund disbursement, actively leveraging ultra-long-term loans and policy-based financial funds, and guiding more private capital participation.On November 14th, local time, European Commissioner for Economic and Financial Affairs, Dombrovskis, warned at the annual meeting of the European Finance Committee that the Russia-Ukraine conflict and the rapid shifts in US policy direction are bringing "fundamental and unprecedented uncertainty" to the EUs geopolitical and security environment. Dombrovskis pointed out that the trade and strategic relationship between the EU and the US is undergoing "unpredictable and profound changes," which puts Europe under more complex external pressures in its security, defense, and economic posture.The EU has approved BC Partners acquisition of Biogaran, a deal that primarily involves the wholesale of pharmaceuticals and is not expected to raise competition concerns.Citigroup raised its price target for Bilibili (BILI.O) from $25 to $27.Morgan Stanley raised its target price for Nvidia (NVDA.O) from $210 to $220.
