UBS raised its target price for Oracle Bone Inscriptions from $200 to $210.Shengquan Group: It plans to buy back shares at a price of 250 million yuan to 500 million yuan. Shengquan Group announced that it plans to buy back shares by centralized bidding, and the estimated repurchase amount is 250 million yuan to 500 million yuan. The sources of funds are self-owned funds and special loans for stock repurchase. The repurchase price does not exceed 32 yuan/share, and the repurchased shares will be used for employee stock ownership plan or equity incentive. The repurchase period is 12 months from the date when the board of directors deliberated and approved this repurchase plan. The controlling shareholder, actual controller and Dong Jiangao of the company have no plans to reduce their holdings in the next 3 months and 6 months.Navigation warning! In the sea shooting test in the southern part of the Yellow Sea, Lianyungang Maritime Safety Administration issued a navigation warning. From 8: 00 to 14: 00 on December 11, some sea areas in the southern part of the Yellow Sea were fired with live ammunition, and it was forbidden to enter. (Website of China Maritime Safety Administration)
Boeing also exposed nearly 1,000 layoffs. According to American media reports, American aircraft manufacturer Boeing will lay off employees again, involving nearly 1,000 people in Washington State and California. This batch of layoffs is part of Boeing's plan to lay off 17,000 people worldwide announced in October. The Associated Press reported on the 9th that Boeing's latest layoffs involved nearly 400 people in Washington State and more than 500 people in California. The posts to be abolished include engineers, personnel and analysts, affecting Boeing's civil, defense and global service departments. In a document submitted to the government in mid-November, Boeing said that it plans to lay off about 2,500 people, and with the latest report of nearly 1,000 people, Boeing has recently laid off about 3,500 people. Kelly Otterberg, CEO of Boeing, said that layoffs are not due to strikes, but to redundancy. The strike of Boeing's 33,000 people's congress lasted for nearly two months, which caused the production of Boeing's various passenger planes to encounter obstacles. The workers who took part in the strike voted on November 4 to accept the terms of the new labor agreement and end the strike. According to an insider's disclosure on the 9th, Boeing resumed production of the 737 MAX passenger plane on the 6th. Reuters commented that it is very important for Boeing to restart the production of this aircraft. Boeing now holds about 4,200 orders for 737 MAX. (Xinhua News Agency)Jinshi Resources: It is planned to set up a subsidiary in Mongolia and invest in the construction of fluorite concentrator project. Jinshi Resources announced that it plans to set up a wholly-owned subsidiary "Lacwest FILLC" in Mongolia through its holding subsidiary Zhejiang Huameng Holdings Co., Ltd. to implement the construction of a fluorite concentrator project with a capacity of 1,500 tons/day. The total investment of this project is RMB 173 million.Newly issued loans exceed one trillion yuan! The work mechanism of financing coordination for supporting small and micro enterprises has been accelerated and effective. According to the data of the State Financial Supervision and Administration on December 10th, since the start of the work mechanism of financing coordination for small and micro enterprises, all localities and banks have responded quickly, started all the work of the mechanism in time, figured out the business conditions and financing needs of enterprises, actively provided loan support, and achieved phased results. By the end of November, all localities had visited 12.072 million small and micro business entities based on the working mechanism, of which 1.942 million were included in the "declaration list" and 1.303 million were included in the "recommendation list". Banks granted 2.2 trillion yuan of new credit and 1.2 trillion yuan of new loans to "recommended list" business entities. In October this year, the General Administration of Financial Supervision and the National Development and Reform Commission took the lead in establishing a financing coordination mechanism to support small and micro enterprises, and made efforts from both ends of supply and demand to build a bridge between banks and enterprises, which became a new exploration and new path to solve the financing difficulties of small and micro enterprises. At present, the financing coordination mechanism has been accelerated and the results have been obvious. (Xinhua News Agency)
Malaya Investment Bank: The economies of many ASEAN countries are expected to maintain growth in 2025. The Malaya Investment Bank released a report on the 10th, showing that in 2025, the economies of ASEAN countries still have growth resilience and potential, despite the risk factors such as the shift of US economic policy, the increasing global trade tension and inflationary pressure. The report predicts that in 2025, the gross domestic product (GDP) of six ASEAN countries, namely Malaysia, Indonesia, the Philippines, Singapore, Thailand and Vietnam, will maintain an economic growth rate of 4.7%. (Xinhua News Agency)AstraZeneca's potential blockbuster ADC was recognized by the FDA. AstraZeneca and Thirteen announced that the FDA granted its Trop2 targeted antibody-coupled drug (ADC) Datopotamab Deruxtecan (Dato-DXD) breakthrough therapy recognition (BTD) to treat adult patients with locally advanced or metastatic epidermal growth factor receptor mutation (EGFRm) who are undergoing treatment.Anbotong: Signed a 153 million yuan intelligent computing center construction contract. Anbotong announced that the company and Wuxi Yixin Intelligent Computing Technology Co., Ltd. signed the "Wuxi Software Park Artificial Intelligence Intelligent Computing Center Platform Construction Project Contract". The contract amount is RMB 153 million, which will be used to provide intelligent computing center platform construction services and AI computing equipment. The contract shall come into effect after being signed and sealed by the legal representatives or authorized representatives of both parties. This cooperation aims at accelerating the layout of the company in the digital economy industry, enhancing the R&D and innovation capability of artificial intelligence networks, thus optimizing the business structure and enhancing the comprehensive competitiveness. The smooth performance of the contract is expected to have a positive impact on the company's future performance.