currency development, snippets

Shanghai Ultra-high-definition Audio-visual Industry Cluster is unveiled, aiming to reach 200 billion yuan by the end of the Tenth Five-Year Plan. Jing 'an will implement 21 major tasks of the "Four Key Projects" of the Ultra-high-definition Audio-visual Industry, and strive to reach 200 billion yuan by the end of the Tenth Five-Year Plan, with the output of ultra-high-definition audio-visual content exceeding 10,000 hours, making it a highland for the production of ultra-high-definition audio-visual content in China and an ultra-high-definition audio-visual industry cluster with global influence.R&F Properties announced on the Hong Kong Stock Exchange that the High Court ordered that the hearing of R&F Hong Kong's petition be postponed until December 16, 2024.Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.

The International Finance Association predicts that the capital flowing into emerging markets will decrease by 24% in 2025, and the International Finance Association predicts that the capital flowing into emerging markets will decrease by 24% to $716 billion in 2025. It is estimated that in 2025, Mexico's portfolio inflow will drop by a quarter to $1 billion, and in 2025, India's portfolio inflow will more than triple to $22 billion.Shanghai Ultra-high-definition Audio-visual Industry Cluster is unveiled, aiming to reach 200 billion yuan by the end of the Tenth Five-Year Plan. Jing 'an will implement 21 major tasks of the "Four Key Projects" of the Ultra-high-definition Audio-visual Industry, and strive to reach 200 billion yuan by the end of the Tenth Five-Year Plan, with the output of ultra-high-definition audio-visual content exceeding 10,000 hours, making it a highland for the production of ultra-high-definition audio-visual content in China and an ultra-high-definition audio-visual industry cluster with global influence.CPOPC: The price of palm oil is expected to fluctuate in the range of RM 4,000-5,000 in 2025. It is reported that the Council of Palm Oil Producers (CPOPC) predicts that the price of palm oil may fluctuate in the range of RM 4,000-5,000 per ton in 2025, driven by the stagnant production in major markets, especially Indonesia and Malaysia. Deputy Secretary-General CPOPC pointed out that the current price level around RM5,000 per ton may be temporary, mainly affected by the continuous floods in Malaysia, which boosted the bullish sentiment in the market. Due to the aging plantations, unpredictable weather and limited expansion to new plantations, it is expected that the cessation of production will tighten global supply and further push up prices.

Pinduoduo stocks fell more than 3% before trading.CITIC Bank: Redemption of open-ended capital bonds. CITIC Bank announced that from December 9 to December 11, 2019, it issued RMB 40 billion of open-ended capital bonds (hereinafter referred to as "current bonds"), and on December 12, 2019, it issued the Announcement of China CITIC Bank Corporation on the Completion of Issuance of Open-ended Capital Bonds. According to the relevant provisions of the prospectus of this issue, this issue has the issuer's conditional redemption right, and the issuer has the right to redeem this issue in whole or in part on the interest payment date of the fifth year of this issue, that is, December 11, 2024. As of the date of this announcement, with the approval of the State Financial Supervision and Administration, the Bank has exercised the right of redemption and redeemed the bonds in full.The first super-kilometer tunnel in the Kangyu section of the Xi 'an-Chongqing high-speed railway runs through, and the construction of the Xi 'an-Chongqing high-speed railway (referred to as "Xi 'an-Chongqing high-speed railway") will spread new news. On December 10th, it was learned from Tiexikun Company of Beijing-Kunming High-speed Railway that after 620 days of construction, Wangjiabang Tunnel of Xiyu High-speed Railway in Qianfeng District of Guang 'an City was completed, four months ahead of the design period. This is the first tunnel of more than 1,000 meters in the Kangyu section of the Xi-Yu high-speed railway, marking another breakthrough in the construction of the Xi-Yu high-speed railway.