digital fiat currency Overview

People's Government of Minhang District, Shanghai: Helping enterprises to go out and encourage foreign trade enterprises to expand their business. The People's Government of Minhang District issued the Policy Opinions on High-quality Industrial Development in Minhang District (Trial), which pointed out that helping enterprises to go out. Support enterprises to purchase export credit insurance products and build or rent overseas warehouses overseas. Encourage foreign trade enterprises to expand their business and give certain financial support to enterprises that reach a certain scale. Support new energy vehicles, used cars, photovoltaics and other enterprises to expand overseas markets. Support the development of cross-border e-commerce. Support the development, maintenance and system construction of enterprises to build or dock cross-border e-commerce platforms. Encourage enterprises to export business in cross-border e-commerce mode. Encourage enterprises to deeply participate in the creation of the "Silk Road E-commerce" cooperation pioneer zone.USD/JPY fell 0.29% to 152.02.OpenAI apologizes for the downtime of ChatGPT: Some services are restored, and Sora is still in a state of paralysis. On the morning of December 12, Beijing time, OpenAI confirmed that its chat robot ChatGPT is experiencing a worldwide downtime, and ChatGPT, Sora and API are affected. The company updated the accident report and said that it had found out the cause of the outage, was trying to restore normal service as soon as possible, and apologized for the outage. At 9: 50 Beijing time on the 12th, the company further updated the accident report and said that it was continuing to carry out remedial work. API and ChatGPT services are partially restored, and Sora is still in a state of paralysis.

Large-scale consumer stocks were repeatedly active, such as Zhongbai Group, which continued to be active in early trading. Retail and food led the gains, while Zhongbai Group, Maoye Commercial, Youa Shares, Dashang Shares, Dongbai Group, Easyhome, Liangpin Shop, Li Ziyuan and other stocks were daily limit.The cryptocurrency concept stocks of Hong Kong stocks strengthened, and Boya Interactive rose by over 7%. As of press time, Boya Interactive (00434.HK) rose by 7.40%, Blueport Interactive (08267.HK) rose by 3.28% and Xiongan Technology (01647.HK) rose by 2.06%. In terms of news, Bitcoin has returned above $100,000, and the current price is $100,568.25.The central bank today conducted a seven-day reverse repurchase operation of 66.1 billion yuan, and the winning bid rate was 1.50%, which was the same as before. As 37.3 billion yuan of 7-day reverse repurchase expired today, the net investment on that day was 28.8 billion yuan.

Agency: It is expected that the folding smartphone market will continue to decline in 2025. Counterpoint Research, a market research organization, issued a document saying that the year-on-year shipments of folding smartphone displays declined for the first time in the third quarter of 2024, and it is expected that the shipments in 2025 will also continue to decline.The Hang Seng Index fell, and the Hang Seng Technology Index is now up 0.12%.The three major stock indexes opened lower, with the Shanghai Composite Index down 0.01%, the Shenzhen Component Index down 0.02% and the Growth Enterprise Market down 0.19%.