There is a surge of major restructurings in central state-owned enterprises, with multiple giant capital operations like State Power Investment Corporation underway.
1. On Friday evening, spic industry-finance holdings and spic yuanda environmental-protection, subsidiaries of State Power Investment Corporation, released restructuring plans. The stocks will resume trading on Monday; 2. Central SOEs continue to make major moves in mergers and acquisitions, which will help accelerate the development of emerging industries and stimulate market vitality.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Wanbangde Pharmaceutical Holding Group: The financial director, who served for only eight months, resigned, and the chairman once again acted as the director. | Quick Read Announcement
①Tonight, wanbangde pharmaceutical holding group announced that the Chief Financial Officer Wang Tianfang has resigned, having served in this position for only 8 months; ②Chairman Zhao Shouming once again assumes the responsibilities of the Chief Financial Officer, having temporarily served in this role when the former CFO Zhao Junhui resigned in June 2022; ③Within three years, wanbangde pharmaceutical holding group's market cap has shrunk to only one-third.
Aluminum Corporation of China: It is expected that the prices of electrolytic aluminum and alumina will continue to run at high levels in the second half of the year | Direct hit earnings conference
①Ge Xiaolei, the CFO and secretary of the board of directors, holds a relatively optimistic attitude towards the future market of electrolytic aluminum and alumina; ②Recently, there has been a change in leadership at Aluminum Corporation of China, and the industrial and commercial change has been completed.
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China's infrastructure investment accelerates amid policy support
102329055 : Do people still care what's going to be announce this Saturday?
Thelord 102329055 : Sure announce useless things and Monday gonna dump very hard again
102329055 Thelord : Can they afford to say useless stuff?
10baggerbamm 102329055 : are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
Thelord 102329055 : They never fail to shoot at their own feet
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