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2024-12-14 12:39:54

Goldman Sachs: Preliminary data from EPFR show that the allocation of global mutual funds to China stocks declined in November. On the asset-weighted basis, active mutual funds still underallocate China stocks by 290 basis points. This week, China stock funds ushered in a strong inflow of $5.6 billion, breaking the previous trend of outflow for seven consecutive weeks.Dennis Shen, an economist at Scope Ratings: The reasons for the Fed to cut interest rates further after December are obviously reduced. Inflation is still sticky, the economic and financial markets are overheated, and the slight increase in unemployment rate earlier this year has been reversed. The Trump administration may bring more inflation risks in the short term.London cocoa futures rose more than 4% to 8516 pounds a ton. New york cocoa futures rose more than 4% to $11,296 a ton.


Google spokesperson: Google intends to appeal the decision of the Turkish Competition Authority. Earlier, the Turkish antitrust agency fined Google $75 million for advertising technology investigation.Judiciary Committee of the U.S. House of Representatives: A great deal of evidence has been found that "the financial industry implements conspiracy and antitrust behavior in order to impose extreme ESG targets on American companies".The wind farm with the highest altitude in northwest China is connected to the grid at full capacity. The reporter learned from the National Energy Group today that Wuqia Wind Farm, the highest altitude wind farm in northwest China, is connected to the grid at full capacity in Kizilsu Kirgiz Autonomous Prefecture, Xinjiang, marking a new breakthrough in the development of high-altitude mountain wind energy in China. Wuqia wind farm, located in Pamirs, is the westernmost wind farm in China. The installation height of wind turbines is between 2,800 meters and 3,300 meters above sea level. A total of 38 wind turbines have been built, with a total installed capacity of 200,000 kilowatts. (CCTV News)


Google spokesperson: Google intends to appeal the decision of the Turkish Competition Authority.According to sources, the US Securities and Exchange Commission's investigation involved Musk's purchase of Twitter shares in 2022 and whether he intended to benefit from it.Liquid, an artificial intelligence (AI) startup, received a valuation of $2.3 billion in the latest round of financing.

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