Row Shaoyang from China Telecom Research Institute: Smart computing applications are accelerating their penetration from the internet to the entire industry.

By the first half of 2024, China's total computing power reached 246 EFLOPS, with the scale of intelligent computing accounting for over 30% of the total computing power. Ra Shaoyang believes that intelligent computing, as a new type of information infrastructure, will exhibit characteristics of scaling, platformization, and greenization in future development.

cls.cnSep 30 09:39 ET

After the official announcement of the new round of reduction in existing home loan interest rates, the Construction Bank is "snatching up" new home loans! Targeting the golden week, many state-owned large bank branches are also taking action.

1. The Construction Bank took the lead in deploying the National Day housing loan discount promotion for the 'Golden September and Silver October' season, becoming the first state-owned major bank to launch this activity after the announcement of adjustments to existing housing loans. 2. In addition to Construction Bank's national housing loan marketing campaign, some state-owned major banks' local branches and sub-branches are also taking action. 3. Despite the pressure of adjusting interest rates on existing housing loans, mortgage loans, as high-quality credit assets, have always been a battleground for various banks.

cls.cnSep 29 09:59 ET

Careful of soaring oil prices? Goldman Sachs warns: the oil market is completely unprepared for escalation in the Middle East conflict.

Goldman Sachs analyst Lindsay Matcham stated that further escalation of the conflict may have a significant impact on the market, especially if the conflict involves the potential closure of the Strait of Hormuz, which could likely lead to a surge in local oil prices; Goldman Sachs analyst Lina Thomas, in another report, highlighted four short-term positive drivers in the crude oil market - mentioning the Middle East trend.

cls.cnSep 28 21:59 ET

Interpretation of the Chinese Central Political Bureau Meeting: Focus on the Internet and Undervalued State-Owned Enterprises | Moomoo Research

Moomoo ResearchSep 27 06:42 ET

China UnionPay was listed for 'clearing' by China Telecom, with an equity transfer base price of 36.3 million yuan for 0.021%, corresponding to a total valuation of 172.8 billion yuan.

1. China UnionPay's 0.021% equity transfer listing price reaches 36.3 million yuan, corresponding to a total valuation of over 170 billion yuan; 2. China Telecom plans to exit China UnionPay, and the company is also listing the clearance of equity of several other financial institutions.

cls.cnSep 27 03:03 ET

Interbank certificate of deposit quotas are in urgent need! Some banks are already below 5%, and the situation may improve in the fourth quarter.

①The balance of negotiable certificates of deposit in the six major state-owned banks accounts for 82.04% of the 2024 record amount, while the balance of negotiable certificates of deposit in joint stock banks accounts for 68.75% of the 2024 record amount. ②The supply of government bonds in the fourth quarter will significantly decrease compared to the third quarter, and the scale of interbank certificates of deposit maturing will also decrease significantly.

cls.cnSep 26 02:30 ET