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Three joint-stock banks' asset management companies launched, with 10 billion yuan in capital targeting "specialized and innovative" enterprises.

Three joint-stock banks' asset management companies launched, with 10 billion yuan in capital targeting "specialized and innovative" enterprises.

On November 23, China Merchants Bank and China CITIC Bank, two joint-stock banks, announced on the same day that their respective AICs (Financial Asset Investment Companies) had received approval from the National Financial Regulatory Administration to commence operations. Along with Xingyin Investment, which launched not long ago, three new players
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The U.S. repo market is stabilizing, European growth faces internal and external headwinds, and fiscal risks are rising in Japan---1124 Macro Distillation

The U.S. repo market is stabilizing, European growth faces internal and external headwinds, and fiscal risks are rising in Japan---1124 Macro Distillation

1. Recently, the pressure in the US repo market has eased. The market expects the Federal Reserve to accelerate its Treasury purchase program, and officials’ statements suggest that the purchases may start ahead of schedule. Although the total amount of outstanding Treasuries remains high, the marginal improvement in collateral financing
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National Energy Administration: Photovoltaic power generation installed capacity increased by 43.8% year-on-year from January to October, continuing the recovery trend.

National Energy Administration: Photovoltaic power generation installed capacity increased by 43.8% year-on-year from January to October, continuing the recovery trend.

On November 24, the latest data released by the National Energy Administration showed that as of the end of October, the total national installed power generation capacity was 3.75 billion kilowatts, a year-on-year increase of 17.3%. Among this, solar power generation installed capacity was 1.14 billion kilowatts,
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“Crypto is crashing like crazy,” and conspiracy theories are flying everywhere: the US government is “grabbing money,” Wall Street is “shorting,” and even “JPMorgan vs. Trump.”

“Crypto is crashing like crazy,” and conspiracy theories are flying everywhere: the US government is “grabbing money,” Wall Street is “shorting,” and even “JPMorgan vs. Trump.”

``` A research report from JPMorgan has ignited anger in the cryptocurrency community, completely setting off an already anxious crypto crowd amid Bitcoin’s plunge. The report, like a bomb dropped into deep waters, rapidly triggered a wave of conspiracy theories throughout the crypto space—accusations ranging from Wall Street maliciously
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J.P. Morgan significantly raised Baidu's target price: The market has severely underestimated the speed of AI transformation, Kunlun chip sales may soar sixfold next year, driving cloud business growth by 61%.

J.P. Morgan significantly raised Baidu's target price: The market has severely underestimated the speed of AI transformation, Kunlun chip sales may soar sixfold next year, driving cloud business growth by 61%.

JPMorgan has upgraded Baidu's rating and target price. Analysts believe the market has seriously underestimated the speed and scale of Baidu's AI transformation. Thanks to the growth in Kunlun chip sales, the company's cloud business revenue is expected to grow by 61% in 2026.
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