Monisight

Monisight

por Monisight

Are We Living in Information Cocoons Societies?

Against the background of the surge of Internet information and the rapid development of information technology, social media platforms, such as Facebook, Twitter, Instagram, etc... are oriented towards the goal of "traffic is king".The content distribution and information recommendation mechanism of these platforms may accelerate the formation of user information cocoons, and the hot recommendation of multiple platforms has also aggravated the negative impact of information cocoons.To learn more, click here NOW

Russia Implements New Pricing Method for Crude Oil Exports

From April 1, Russia officially implemented a new crude oil export pricing method linked to the international crude oil benchmark Brent crude oil price, which will lead to a reduction in Russian crude oil price discounts and is expected to increase billions of dollars in "extra" fiscal revenue.To learn more, please click here.

BYD obtains preferential price for lithium battery raw materials in Chile project

Chilean state-owned company Corfo announced on its official website on April 19 local time that it has granted BYD Auto Chile a qualified lithium producer status, which symbolizes that BYD Auto Chile can obtain preferential prices for battery-grade lithium carbonate quotas.To learn more, please click here

China Explores New Ways for Lithium Battery Recycling

On March 10, the first domestic Internet platform for the lithium battery recycling industry "Lithium Source" (https://www.lijiajia.net) was launched. The main initiator of the platform is Miracle Automation, JDT and the co-founders include the Solid Waste and Chemical Management Technology Center of the Ministry of Ecology and Environment.

Goertek's performance was "cut" by Apple

On the evening of April 17, Goertek (002241) released its 2022 annual report and 2023 first-quarter report. In the fiscal year 2022, Goertek's operating income was 104.894 billion yuan, a year-on-year increase of 34.10%. The net profit attributable to shareholders of listed companies was 1.749 billion yuan, a year-on-year decrease of 59.08%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 1.627 billion yuan, a year-on-year decrease of 57.54%.

China Sea Freight Index Has Risen by More Than 12% In a Week

On April 14, the shipping sector of the Hong Kong stock market rose again, successfully recording 6 consecutive positives. Among them, SITC International (01308.HK) rose 4.17%, COSCO Shipping Energy (01138.HK) rose another 3.55%, OOCL(00316.HK) rose 2.7%, COSCO SHIPPING Holdings (01919.HK) rose 2.18%, COSCO Shipping Development (02866.HK) rose 1.96%.

Heavy Investment To Boost Semiconductor Amid Uncertainties

At present, due to the consideration of intensified competition between China and the United States, all countries and regions want to hold semiconductors, which can be regarded as an important factor related to the technological hegemony competition of various countries (regions) and ensure economic security, in their own hands.At the same time, in order to achieve economic recovery from COVID-19, the importance of digitalization is increasing, and considering that the demand for semiconductors will continue to expand significantly in the medium to long term, it can be said that the competition for obtaining a growth market has officially begun.

Sand and Dust Weather in Northern China Sparks Environmental Stocks Boom in Financial Markets

Since April 9, sandy weather has appeared again in many places in northern China. Sandstorms occurred in Hohhot, Inner Mongolia, and Beijing; strong sandstorms occurred locally in Xilin Gol, Baotou, Ulanqab, Inner Mongolia, and Zhangjiakou, Hebei.

Chinese Offshore Debt Collection Company Goodfaith Technology Plans to List in the U.S.

On March 30, GoodFaith Technology Inc., a provider of risk management and debt collection solutions in China, submitted an F-1 prospectus to the US Securities and Exchange Commission (SEC), planning to list on the NASDAQ exchange.

Bank of Guangzhou IPO: nearly 9.5 billion funds raised while non-performing loans increased

China's real estate loan non-performing ratio rose from 2.23% to 5.38% while Small and Medium Banks Race for IPOs.
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