The largest Energy IPO in over a decade! USA LNG company Venture Global seeks a valuation of 110 billion dollars.
According to the documents submitted by Venture Global, the company plans to issue 50 million shares of Stocks at a maximum price of $46 per share, raising up to $2.3 billion. Under Trump's possible New energy Fund policies, LNG developers are expected to be one of the biggest beneficiaries.
A five-month high! Amidst a chorus of bearish voices, oil prices continue to rise.
The market previously widely expected that there would be a significant oversupply in the Crude Oil Product market this year, and that oil prices would remain stable or weaken. However, with the USA announcing a new round of sanctions on the Russian Energy sector, the market outlook became complex, compounded by concerns over Trump's tariff policy, leading to rising oil prices for consecutive days.
Express News | Biden unveils the latest round of AI chip curbs aimed at China and Russia. Nvidia, ASML, and TSMC fall more than 2%.
The China Automotive Association: In 2024, auto production and sales will reach a new high, with annual production and sales of Electric Vehicles exceeding 10 million units for the first time.
In terms of Passenger Vehicles, production and sales continue to grow, maintaining the top global position for 16 consecutive years. The market share of China brand Passenger Vehicle sales has significantly increased compared to last year, and high-end brand Passenger Vehicle sales have also seen a year-on-year increase; regarding New energy Fund, it has ranked first globally for 10 consecutive years, with both production and sales surpassing 10 million units, and domestic sales growth approaching 40%, with a significant increase in market share compared to last year.
Behind the "fast-driving" Electric Vehicles: New forces constantly reaching new heights, Xiaomi successfully takes its place.
In the December retail sales TOP10 list, 9 car companies experienced year-on-year growth, with only GAC Aion showing a decline; Apart from BYD, three other new car-making forces successfully "delivered on their promises" and achieved their sales targets for 2024.
Oil at Four-Month High Amid New Sanctions on Russia