The resumption of trading of Hong Kong stocks Xinwei International soared by over 80%. In the news, Zhan Peizhong, the controlling shareholder, was convicted, which did not affect the takeover offer of Fuheng Group.The cryptocurrency concept stocks of Hong Kong stocks strengthened, and Boya Interactive rose by over 7%. As of press time, Boya Interactive (00434.HK) rose by 7.40%, Blueport Interactive (08267.HK) rose by 3.28% and Xiongan Technology (01647.HK) rose by 2.06%. In terms of news, Bitcoin has returned above $100,000, and the current price is $100,568.25.United Nations Report: The number of victims of human trafficking caused by poverty, conflict and climate change has surged. On December 11th, local time, the United Nations Office on Drugs and Crime said in its latest report covering 156 countries that the number of victims of human trafficking in the world has risen again after the decline during the COVID-19 pandemic. The Global Trafficking in Persons Report 2024 shows that the number of victims increased by 25% from 2019 to 2022. Vulnerability caused by poverty, conflict and climate crisis has led to the exploitation of children and a sharp increase in forced labor cases.
Mercury Home Textiles invested in the establishment of an industrial company. The enterprise search APP shows that Shanghai Mercury Industrial Co., Ltd. was recently established, with the legal representative of Li Laibin and the registered capital of 3 million yuan. Its business scope includes: the production of second-class medical devices; Manufacturing of household textile products; Manufacturing of industrial textile products; Household goods sales; Sales of daily necessities; Clothing manufacturing; Clothing accessories manufacturing, etc. Enterprise equity penetration shows that the company is indirectly wholly owned by Mercury Home Textiles.The resumption of trading of Hong Kong stocks Xinwei International soared by over 80%. In the news, Zhan Peizhong, the controlling shareholder, was convicted, which did not affect the takeover offer of Fuheng Group.The three major stock indexes opened lower, with the Shanghai Composite Index down 0.01%, the Shenzhen Component Index down 0.02% and the Growth Enterprise Market down 0.19%.
Dong Yuhui Company was granted the license of network culture operation. According to Tianyancha App, on December 10th, Tonghui Peer (Beijing) Technology Co., Ltd. added a new license of network culture operation. The content of the license is to apply for the approval of establishing an operating Internet culture unit, and the validity period is from December 10th, 2024 to December 9th, 2027. The licensing authority is Beijing Municipal Bureau of Culture and Tourism. Tonghui Tongxing (Beijing) Technology Co., Ltd. was established in December 2023 with a registered capital of RMB 10 million, with Dong Yuhui as the legal representative, director and manager and wholly-owned shares.The European Central Bank may no longer mention the need to adopt a "restrictive" policy to curb inflation. The financial market has completely digested the expectation that the European Central Bank will cut interest rates by 25 basis points on Thursday, and the possibility of a larger rate cut is close to zero. Any adjustment of the ECB's future guidance may be minimal. It may no longer mention the need to adopt "restrictive" policies to curb inflation, which is an implicit signal that interest rates will at least fall to the so-called neutral level. Lorenzo Codogno of LC Macro Advisors said: "In view of the great uncertainties in international geopolitics and policies, it is still appropriate to rely on data and determine the appropriate level and duration of restrictions one after another."The Hang Seng Index fell, and the Hang Seng Technology Index is now up 0.12%.