Jinri Toutiao
1. After the deposit interest rates of the six major state-owned banks were cut, at least eight joint-stock banks announced lower deposit rates
After the six major state-owned banks cut deposit interest rates, many joint-stock banks also followed suit. According to incomplete statistics, on September 16, China CITIC Bank, Everbright Bank, Minsheng Bank, Ping An Bank, Shanghai Pudong Development Bank, Guangfa Bank, Hua Xia Bank, Hengfeng Bank and other at least 8 joint-stock banks announced a reduction in deposit interest rates. The demand deposit interest rate was generally reduced by 5 basis points, and the reduction rate of various time deposit products ranged from 10 to 50 basis points. The market expects that more banks will join the ranks of lowering deposit interest rates. The collective reduction of deposit interest rates by many banks is seen as a follow-up to the LPR cut in August. " This is a proactive move by banks to stabilize interest margins and reduce debt costs. It is different from the reduction guided by the central bank in April this year, and will not directly point to the LPR reduction in the next two months. "Some market analysts pointed out. (Securities Times)
2. Central enterprises will have a chief compliance officer, compliance review must be embedded in the business management process
The State-owned Assets Supervision and Administration Commission of the State Council recently issued the "Central Enterprise Compliance Management Measures". The "Measures" clearly states that central enterprises should establish a chief compliance officer in light of the actual situation, do not add leadership positions and positions, and be concurrently held by the general counsel, who is responsible for the main person in charge of the enterprise, leads the compliance management department to organize and carry out relevant work, and guides the subordinate units to strengthen compliance management.
The measures put forward that central enterprises should embed compliance review as a necessary procedure into the business management process, and the compliance review opinions of major decision-making matters should be signed by the chief compliance officer to put forward clear opinions on the compliance of decision-making matters. Business and functional areas of business, compliance management departments improve review standards, processes, priorities, etc. according to their duties and powers, and regularly conduct post-evaluation of the review situation. (CCTV)
3. Satellites are frequently launched, and many countries have launched a space orbit "battle"
On September 18, news, in recent years, the enthusiasm of human beings to explore space has never been higher, and the new results and new progress of research are exciting. However, space orbit resources are valuable non-renewable resources, which also makes the competition for space orbit resources increasingly fierce. The British satellite telecommunications internet company Oneweb plans to complete the launch of 650 low-orbit satellites in 2022; the US Internet company Amazon spent 1 billion US dollars to launch 3,236 low-orbit satellites in the next five years. On September 10 local time, the US space exploration technology company put 34 Internet satellites and a commercial communications satellite into orbit. (CCTV Finance)
Company News
4. Domestic refined oil prices may decline for the seventh time this year
A new round of adjustment window for domestic refined oil prices will open at 24:00 on September 21, which is also the 18th round of domestic refined oil price adjustment this year. This year’s refined oil prices have passed 17 rounds of price adjustment, showing a pattern of "eleven rises and six falls". It is estimated that this round of adjustment of diesel and gasoline prices will be lowered, and domestic refined oil prices may usher in the "seventh decline" this year. (China-Singapore Longitude)
5. Star Wish Browser was sued by Youku to intercept advertising 200,000, the founder responded
On April 13, 2020, Youku sued Star Wish Browser for unfair competition and claimed 500,000 yuan for blocking video advertisements. At present, according to the founder of Star Wish Browser, Youku’s 2nd-round Moderation judgment against Star Wish Browser has been issued, and Star Wish Browser Company needs to compensate Youku 200,000 yuan (excluding other costs).
The founder said: "The reason why I chose to disclose this incident is because many Star Wish users are concerned about the development of this incident and want to know the specific situation of the products they are using. At the same time, I hope that the majority of netizens and developers will not follow in my footsteps. This is the lesson of Star Wish spending 200,000 RMB." (Betcna)
6. Scalpers complain about Apple iPhone 14 upside down 100 yuan, but iPhone 14Pro Max still increases the price by 600 yuan
Recently, in front of the Apple Store in West Lake, a scalper complained that the iPhone 14 Pro Max he received at an additional price of 1800 yuan was sold at an additional price of 600 yuan. Another scalper said that all he got were Apple National Bank genuine products with warranty, "iPhone 14 lost 100 yuan and posted it upside down, iPhone 14 Pro increased by 300 yuan, 1TB version of gold, white iPhone 14 Pro Max increased by 500 yuan, and black and dark purple increased by 600 yuan." The scalper said that on the morning of September 16, Apple iPhone 14 Pro Max could increase by 2,800 yuan, and the increase in the afternoon was 2,500 yuan. The next day, it fell like this.
The highest price increase of Apple iPhone 14 Pro series on the first day of sales was more than 2,000 yuan, but this price increase only lasted a few hours. iPhone 14 has now broken, and the offline brick and mortar store sells at the original price, and then gives away about 200 yuan accessories. In other e-commerce platforms, Apple iPhone 14 also has a discount of about 500 yuan. (IT Home)
7. Apple investigates iPhone 14 Pro model stuck after backup data transmission
Apple said in an internal memo today that the company is investigating a bug that may have caused iPhone 14 Pro and iPhone 14 Pro Max models to get stuck after customers transferred data from older iPhone. In particular, Apple said that some customers may find that their new iPhone 14 Pro or iPhone 14 Pro Max models become unresponsive after iCloud recovery or data transfer from a previous iPhone during the Quick Start process. As a temporary solution, Apple is advising customers to try to force a reboot if their iPhone becomes unresponsive for more than 5 minutes. (Sina Technology)
8. Hengchi 5 official announcement: official mass production, Hengchi 6 and 7 plan to mass production next year
On September 16, Hengda officially announced that Hengchi 5 was officially mass-produced at the Tianjin factory. It is understood that Hengchi 5 was rolled off the assembly line for the first time on December 30 last year, and started global pre-sale on July 6. The order exceeded 37,000 in less than 15 days. It was officially mass-produced on September 16 and will be delivered in October. At the same time, Hengchi Automobile also said that in addition to Hengchi 5, it will also speed up the research and development of other models. Among them, Hengchi 6 will be rolled off the assembly line at the end of this year and mass-produced in the first half of next year; Hengchi 7 will be rolled off the assembly line in the first half of next year and mass-produced in the second half of next year. At the same time, the research and development progress of Hengchi 1 and
9. Bitcoin Price Falls Below $20,000 Again
The price of bitcoin fell 1.54% to $19,804 on Sunday in the United States, down $310 from the end of the previous trading day. The price of bitcoin, which reached $48,234 on March 28 last year, is now down 58.9% from that. Bitcoin fell below $20,000 at the end of August this year.
10. China Telecom: This fire accident is not expected to have a significant impact on the company’s production, operation, and financial indicators
On September 18, China Telecom announced that the fire broke out on the facade of the second communication building of Changsha Branch. At 16:30 on September 16, 2022, the open fire of the building was extinguished, and the fire did not cause casualties. The cause of the fire is under investigation. After the fire broke out, China Telecom’s joint stock company immediately launched an emergency plan and actively cooperated with relevant departments to organize fire fighting work. Company leaders rushed to the scene to organize and deal with it. During the fire relief process, some equipment inside the building was powered off. Some businesses were affected. After emergency treatment, all affected businesses have been restored.
Changsha Branch has purchased insurance for the relevant equipment and reported the case to the insurance company. The specific losses are being verified. The fire accident is not expected to have a significant impact on the company’s production, operation and financial indicators. The company will carefully learn the lessons of the accident and conduct a comprehensive investigation of safety production and fire hazards to prevent similar accidents from happening again.
11. The magnitude 6.9 earthquake in Hualien County, Taiwan caused the evacuation of some TSMC plants and the restart of the motor station
On September 18, the China Earthquake Network determined that a magnitude 6.9 earthquake occurred in Hualien County, Taiwan at 14:44 on September 18, with a depth of 10 kilometers. According to Taiwan’s "Central News Agency", TSMC said that according to internal procedures, some clean room personnel in the southern factory were evacuated immediately to ensure safety, and the industrial safety system was normal. UMC said that a small number of machines in the Hsinchu factory started the self-protection mechanism and restarted. The personnel were safe and operated according to standard procedures. Others had no significant impact.
12. The US side will audit the Chinese concept unit, and Internet Tech Giants will be the first to be inspected by audit papers
On September 19, it was reported that SEC Chairperson Gary Gensler disclosed that the staff of the US PCAOB is expected to start checking the audit papers of Chinese concept stocks listed in the US on September 19. Gensler told the Senate Banking Committee hearing that the whole process will take 8 to 10 weeks, or the inspection results will be available in early December 2022. He also said that the Chinese regulators have said that they will abide by the provisions of the agreement. According to previous foreign media reports, US regulators have selected Alibaba, NetEase, Baidu, JD.com and Yum China as the first batch of Chinese concept stocks to be inspected by the audit papers. (Global Network)
13. Amazon and other five companies will participate in the digital euro UI prototype design
On September 18th, local time on September 17th, the European Central Bank announced that Amazon and five other companies will participate in the prototype design of the user interface (UI) of the digital euro. The five companies are CaixaBank from Spain, Worldline from France, Nexi S.p.A. and EPI from Italy, and Amazon from the United States. Each company will be responsible for specific uses of the digital euro. The ECB said that the purpose of this prototype design work is to test the degree of integration between the digital euro technology and the prototypes developed by each company. The simulated transactions will be initiated using the front-end prototypes developed by the five companies and processed through the interface and back-end infrastructure of the euro system.
However, the ECB, which is likely to be one of the first developed economy central banks to issue a digital currency, has no immediate plans to reuse the prototypes in subsequent phases of the digital euro project. Its officials say the digital euro could be launched around 2025. The ECB is currently in the two-year "investigation phase" of the digital euro project and has not yet made a formal decision on whether to launch a digital euro.
14. Facebook’s parent company Meta must first book a desk to grab a spot when going to work, and employees call Li Dapu
Meta, Facebook’s parent company, recently launched a so-called "hot desking" to test out new workplace experiences. However, the move has prompted many employees to complain that the system is "too vulgar" and "completely out of touch with reality".
In a barrage of critical comments on Meta’s intranet, employees accused the company of "an obsessive compulsion to move things in a positive direction". "No one is buying this new experience," one employee wrote. Tensions are rising between Meta employees and their leadership, which has made it clear that it will "ramp up redundancies slightly". (Sina Technology)
Tesla hopes to double German sales to 80,000 this year
On September 18th, according to local German media reports, Tesla hopes to double the company’s electric vehicle sales in Germany to 80,000 in 2022. In 2021, Tesla’s sales in Germany are 39,700, and the company’s sales target this year is still to double last year’s. From January to August this year, Tesla’s sales in Germany are 24,700, and the company hopes to attract more consumers by opening more stores and improving service quality.
16. Costs are rising, and German toilet paper manufacturers are starting to produce coffee grounds as raw materials
On September 18, it was reported that Hackler, a well-known German toilet paper manufacturer, began to produce coffee grounds as raw materials to ease the difficult situation due to the sharp rise in costs. Agence France-Presse quoted the company’s chief marketing officer Karen Yunge as saying on the 18th that the European food industry produces a large amount of coffee grounds every year, and Hackler has found a way to make paper from coffee grounds. The company used the new method to make the first batch of toilet paper last week, and the goal is to use coffee grounds for 20% to 25% of paper-making materials in the future. (CCTV News)
17. Korean general merchandise store specializes in second-hand goods
Recently, as prices continue to rise, the demand for second-hand goods in South Korea has increased sharply. In order to get a share of the hot second-hand trading market, the general merchandise store in Seoul, South Korea recently opened the country’s first dedicated second-hand goods store. In recent years, South Korea’s second-hand trading market has maintained a growth rate of at least 20% every year. As of last year, the market size has reached about 120 billion yuan. However, as the market has grown, there have been many chaos in illegal sales and even fraud among sellers in second-hand transactions. According to the South Korean police information disclosed this month, there were more than 84,000 cases of second-hand trading fraud accepted last year alone, and the amount of losses involved increased by about 3 times year-on-year. (CCTV Finance)
Person Point of View
18. India’s richest man has become the second richest person in the world, setting an Asian record
Indian tycoon Gautam Adani has risen to the wealth list at an alarming rate this year. At present, he has become the second richest person in the world with a fortune of 147 billion US dollars, and also broke the highest wealth ranking of Asians. On September 18, according to the real-time list of Bloomberg’s global billionaires, two of the top ten billionaires are from India, and the other is Mukesh Ambani, who ranks tenth with a wealth of 88.70 billion US dollars. (The country is through train)
19. Haidilao co-founder Shi Yonghong invests 250 million buy luxury house
September 18th news, September 17th, according to the interface quoted Singapore media reports, Lee Wei Ling, the daughter of former Singapore Prime Minister Lee Kuan Yew, has sold a property in Singapore’s Clooney Hill high-quality bungalow area to Shi Yonghong, co-founder of Haidilao, on September 6th for 50 million Singapore dollars (about 250 million yuan).
According to the report, the property covers an area of 18,255 square feet and is located near the shopping district of Orchard Road in Singapore. It is reported that in 2022, Shi Yonghong and his family ranked 801st on the 2022 Forbes Global Billionaires List with a fortune of $3.70 billion. (Whip Bulls)
20. French Prime Minister: France will invest more than 9 billion euros in the space sector in the next three years
On September 18th, French Prime Minister Borne said at the opening ceremony of the International Astronautical Congress in Paris on September 18th local time that France is preparing to invest more than 9 billion euros in the aviation sector in the next three years for research in the space industry. Borne said that the plan is part of the space strategy formulated by French President Macron in February this year. It is reported that the European Space Agency (ESA) is preparing to ask its 22 member states to contribute about 18 billion euros for the implementation of its aerospace program for the next three years.
Capital Insights
21. Global asset management giant bottom fishing Tencent
As of the close of September 16, the share price of Internet leader Tencent Holdings fell below 300 Hong Kong dollars again. However, the latest disclosed position data shows that overseas asset management giants have already made bargains. Fidelity International’s two China stock funds both increased their holdings in multiple stocks in August. Among them, China Focus Fund increased its position in Tencent Holdings by more than 60%. In addition, in the continuous adjustment of the Hong Kong stock market, many "Niu San" are also "lurking" in Hong Kong stock ETFs, waiting for the opportunity to rebound.
22. Zero Car submits a listing application to the Hong Kong Stock Exchange
On September 18, the Hong Kong Stock Exchange documents show that on September 18, Zhejiang Zero Run Technology joint stock company submitted a listing application to the Hong Kong Stock Exchange. The joint sponsors are JPMorgan Chase, CICC, Citi, and CCB International. The company delivered 51,994 smart electric vehicles in the first half of 2022, an increase of 265.3% over the same period in 2021; 2021 revenue 3.059 billion yuan, net loss 2.846 billion yuan.
23. Changhong Meiling: Holding subsidiary Zhongke Meiling will be listed on the Beijing Stock Exchange
On September 18th, Changhong Meiling announced on the evening of September 18th that the holding subsidiary Zhongke Meiling is a listed enterprise of the National Equities Exchange and Quotations. The company holds 45.90 million shares of Zhongke Meiling, with a shareholding ratio of 63.2683%. Zhongke Meiling is applying for a public offering of shares and listing on the Beijing Stock Exchange. On the evening of September 16th, Zhongke Meiling received the approval of the China Securities Supervision Commission and agreed to the registration application of Zhongke Meiling to publicly issue shares to unspecified qualified investors.
24. Volkswagen sets maximum valuation target of $75 billion for Porsche IPO
Volkswagen has set a valuation target of between 70 billion euros ($70.10 billion) and 75 billion euros for the initial public offering of its iconic sports car brand Porsche. The valuation is lower than the previous target of 85 billion euros, but will still make it one of the largest IPOs in Europe at a time of uncertainty in global markets, with about four anchor investors, including Norway’s sovereign wealth fund, committed to invest. People familiar with the matter said inquiries for the offering would begin on Tuesday. (Sina Finance)
Technology Foresight
25. iPhone 14 equipped with Qualcomm satellite modem and Apple’s new radio frequency chip
On September 18, according to foreign media reports, according to iFixit analysis and an Apple statement, the iPhone 14 model contains a Qualcomm chip that can talk to satellites, as well as Apple’s additional custom-designed radio frequency chips and related software. According to reports, a major new feature of Apple’s iPhone 14 series products is the ability to connect to satellites to send emergency messages without WiFi or mobile phone data connection. (Tengxin Technology)
26. Huawei Mate 50 series 5G communication mobile phone case exposure: on sale synchronously with the mobile phone, priced at 799 yuan
On September 18th, it was reported that Huawei held the autumn launch of the Mate 50 series and all-scene new products, which attracted attention. Although it is regrettable that the models released are all 4G mobile phones, some media reports said that Huawei Mate 50 series mobile phones can support 5G networks through 5G communication mobile phone cases. Recently, digital bloggers have exposed that Huawei Mate 50/Pro series 5G communication mobile phone cases will be sold simultaneously with mobile phones, and the price of Huawei Mate 50 series 5G communication mobile phone cases can refer to the previous generation price of 799 yuan. (Tech Planet)
27. The world’s first "Beidou quantum mobile phone" was released
On September 18, at the 2022 China-ASEAN Satellite Application Industry Cooperation Theory, the world’s first "Beidou Quantum Mobile Phone" was released. This mobile phone was launched by Northern Leike (Anhui) Technology Co., Ltd., through the integration of Beidou technology and quantum technology, it adopts the international first Beidou quantum communication and encryption integration technology, supports all-weather and all-day information transmission, and has the ability of "no card change, no number change, unlimited operator" 4G/5G/Beidou short message adaptive quantum encryption communication. According to the relevant person in charge, the Beidou Quantum Mobile Phone will provide a more ubiquitous and safer overall solution for emergency command, urban security, border defense islands, marine fisheries and other scenarios.
28. The new solid-state lithium metal battery is fully charged in 3 minutes and has a lifespan of up to 20 years
According to Science and Technology Daily, scientists at Harvard University in the United States have developed a new type of solid-state lithium metal battery for electric vehicles. The battery is expected to be fully charged in 3 minutes and can last for 20 years. The related paper was published in the recent journal Nature. Currently, startup Adden Energy has announced that it has received an exclusive technology license granted by Harvard University’s Office of Technology Development to advance the commercialization of the technology. Its goal is to shrink the battery into a palm-sized "soft pack battery" with components encapsulated in an aluminum-coated film. In the laboratory, the team’s battery prototype achieved charging speeds as fast as 3 minutes, and can be cycled more than 10,000 times in its life cycle. At present, even the best batteries in their class have only 2,000-3,000 charge cycles, researchers say, and the technology could be a "game changer."
29. The Polaris 6 supercar concept car debuted in Shanghai, priced at 1.68 million yuan, and the first batch is limited to 500 units
On September 18th, the luxury pure electric car brand Polestar (NASDAQ: PSNY) announced that the new luxury pure electric supercar Polestar 6 concept car China tour was officially launched, and the first stop was unveiled at Shanghai Jing’an Kerry Center Polestar Space. According to reports, Polestar 6 adopts a low and wide body body, short front overhang and long wheelbase, and 2 + 2 compact cockpit design. In terms of power, Polestar 6 is driven by front and rear dual motors, providing a maximum output power of 650 kW, a target zero hundred acceleration of 3.2 seconds, and a maximum speed of 250 km/h. According to reports, the first batch of 500 "Polestar 6 LA Concept Edition" in the world has been booked in the Chinese market, and only 10 seats are limited to sale. The recommended retail price is 1.68 million yuan.
