Commerzbank: It is predicted that by the end of 2025, the copper price will rise to $9,700 per ton.Tianyang Technology: It plans to spend 50 million yuan to 100 million yuan to buy back shares. Tianyang Technology (300872.SZ) disclosed the plan of buying back shares. The total amount of funds to be used by the company for this repurchase is not less than 50 million yuan, not more than 100 million yuan (inclusive), and the price range of the shares to be repurchased is not more than 24.52 yuan/share (inclusive). All the shares to be repurchased will be cancelled and the company registration will be reduced.Russian Ministry of Foreign Affairs: The Russian Federation has included 11 other countries in the list of obtaining a single electronic visa.
Social e-commerce has risen in the United States, and TikTok Black Five has snapped up hundreds of millions of dollars. The sales of social e-commerce in the United States have seen strong growth in this shopping season. With the influx of American consumers into the social e-commerce platform represented by TikTok, the market predicts that the number of American social e-commerce buyers will exceed 100 million this year and bring in more than 70 billion US dollars in sales. Emarketer, a research institute, recently estimated that the sales of social e-commerce in the United States will increase by 26% to 71.6 billion dollars in 2024. According to the company, most social e-commerce sales come from low-priced goods, and emerging platforms such as TikTok have become the main force. Since TikTok Shop was launched in the United States last September, it has become the biggest contributor to the sales growth of social e-commerce. According to the data released by TikTok, on the day of this year's "Black Friday" shopping festival, the single-day sales of TikTok stores exceeded 100 million US dollars, three times that of the same period last year. According to the company, the number of shoppers attracted by TikTok stores during Black Friday and Cyber Monday increased by 165% year-on-year. (CBN)World Bank: The Philippine economy will grow at an average annual rate of 6% from 2024 to 2026. The World Bank released the latest issue of the Philippine Economic Report (hereinafter referred to as the Report) on the 10th, predicting that the Philippine economy will maintain strong growth in the face of multiple challenges, and the average annual growth rate will reach 6% from 2024 to 2026. According to the Report, the Philippines will be one of the fastest growing economies in East Asia and the Pacific. It is estimated that the annual economic growth in 2024 will be 5.9%, slightly lower than the 6% predicted in October, because extreme weather has affected the economic performance in the third quarter. The growth rate is expected to be 6.1% in 2025 and 6% in 2026. (Zhongxin. com)Market News: The Syrian opposition ordered the fighters to withdraw from the city and deployed their own police forces.
Jinzhi Technology: China Southern Power Grid Project won the bid of 26,312,900 yuan. Jinzhi Technology announced that the company recently won the bid for the "Accurate Location Device for Transmission Line Faults" project in Hainan, Guizhou Province in the second batch of frame bidding for digital substations, digital transmission and intelligent distribution series sensing terminals and Beidou terminals of China Southern Power Grid Corporation in 2024, with the winning bid amount of 26,312,900 yuan. The counterparty is China Southern Power Grid Co., Ltd., and there is no relationship between the two parties. The winning bid will have a positive impact on the company's operating performance. At present, the bid-winning notice of the project has been issued, but the contract has not yet been signed.Pilots also drink and drive? JAL also revealed that the pilots were drinking before flying. The reporter of the reception desk was informed on the 10th local time that JAL announced on the same day that it was confirmed by investigation that on the 1st of this month, a flight from Melbourne, Australia to Narita Airport, Japan (flight number is JL774), two pilots exceeded the standard during the alcohol test on the crew before take-off, which delayed the flight departure for more than three hours. JAL and Japan's Ministry of Land, Infrastructure, Transport and Tourism are conducting further investigations into the details. This is not the first time that JAL has had a pilot's "drunk driving" incident. In October 2018, a JAL pilot flew a flight from London to Tokyo, England. Before taking off, it was found that the alcohol content was seriously exceeded, and the British court sentenced him to 10 months in prison; In August 2019, the co-pilot of JAL Flight 1 was found to be drinking before taking up his post and was temporarily replaced. At that time, the president of JAL, Akasaka Sukeji, apologized for the repeated incidents of pilots drinking in the airline, and said that this problem should be resolutely solved. Japan's Ministry of Land, Infrastructure, Transport and Tourism also asked JAL to carry out rectification. (CCTV News)FTSE China A50 index futures just broke through the 13,600.00 mark, and the latest price was 13,601.00, up 0.18% in the day.