Industry Insight: Impact of Decreasing General Insurance Settlement Interest Rates
Recently, many insurance companies have proposed to reduce the interest rates of the general insurance settlement, triggering heated discussions. Industry insiders interviewed by reporters from China Securities Journal said that the decline in general insurance settlement interest rates is related to factors such as the decline in market interest rates and pressure on the investment […]
Foreign Institutions Make Record Net Purchases of Chinese Bonds
According to information obtained by a reporter from Shanghai Securities News on December 6, the People’s Bank of China has revealed that foreign institutions have been steadily purchasing Chinese bonds for nine consecutive months. The cumulative net purchases so far this year have reached nearly 1 trillion yuan. The central bank also disclosed that there […]
SMIC and Hua Hong Semiconductor Release Earnings: Recovery of Semiconductor Market Enters ‘Double U’ Trend
SMIC Zhao Haijun: Semiconductor Market Recovery Extended to Two Years in “Double U” Trend The third quarter saw the semiconductor market enter a “Little Indian Spring” due to new mobile phone product releases. However, the wafer foundry giants do not share the same optimism for market recovery. In their financial reports for the third quarter […]