us money system snippets

Minister of Trade and Industry of Malaysia: ZTE will invest 45.2 million US dollars to establish two innovation centers in Malaysia. Malaysian Minister of Investment, Trade and Industry Zavrl said that ZTE plans to invest 200 million ringgit (45.2 million US dollars) to establish two innovation centers, and introduce its latest 5G technology to Malaysia through cooperation with local operators. ZTE Malaysia is also building a regional center of excellence to support its global business. Zavrl said that 95% of ZTE's 5G equipment uses Malaysian chips.The modern factory project is expected to start in the fourth quarter of 2026.Xinhai Technology: The application and development exchange day for computing peripheral chips will be held soon to introduce "the ecological strategy and product layout for computing peripheral chips in Xinhai". Xinhai Technology announced today that on December 20th, Xinhai Technology will hold the 2024 application and development technology exchange day for computing peripheral chips. Among them, technical experts from Intel, Jida Technology, Qining and Xinhai Technology gathered together to bring in-depth interpretation of the latest research and development achievements and technical trends of computing peripheral chips. In addition, according to the agenda, it will introduce the "Core Sea Computing Peripheral Ecological Strategy and Product Layout".

Chongqing State-owned Assets Supervision and Administration Commission: Resolutely lay a solid foundation for comprehensively deepening the reform of state-owned enterprises and accelerate strategic restructuring and professional integration. Chongqing State-owned Assets Supervision and Administration Commission officially announced today that on December 9, Chongqing State-owned Assets Supervision and Administration Commission held a December 2024 economic operation scheduling meeting for municipal key state-owned enterprises. The meeting stressed that it is necessary to resolutely fight a tough battle to comprehensively deepen the reform of state-owned enterprises in light of the landmark achievements of the "five new breakthroughs." It is necessary to promote the reshaping of the main business of the group to achieve a "new breakthrough", focus on the reshaping of the main business of the group, further sort out the business of the sub-enterprises, effectively support the core functions and main business of the group, and enhance the core competitiveness; Promote "new breakthroughs" in stopping losses and controlling losses, further promote structural adjustment, reduce costs and increase efficiency, and revitalize assets, and strive to control the losses of municipal state-owned enterprises at the target ratio by the end of the year; Promote slimming and fitness to achieve a "new breakthrough", accelerate strategic restructuring and professional integration, and accelerate the reduction of the number of legal entities and reduce the management level of enterprises in accordance with the requirements of reduction. It is necessary to focus on the most realistic and urgent problems that restrict high-quality development, and promote state-owned state-owned enterprises to further comprehensively deepen reforms.TSMC's November sales amounted to NT$ 276.06 billion, a year-on-year increase of 34%. In the first 11 months of this year, the accumulated sales amounted to NT$ 2.62 trillion, a year-on-year increase of 31.8%.The modern factory project is expected to start in the fourth quarter of 2026.

Chinese brokerage stocks in Hong Kong stocks opened higher and fell back, China Merchants Securities fell more than 5%, Chinese brokerage stocks in Hong Kong stocks opened higher and fell back, China Merchants Securities fell more than 5%, and CITIC Securities, China Securities, Guolian Securities and china galaxy followed suit.Chuangyuan Co., Ltd.: At present, the domestic market of IP co-branded products is relatively small. In view of the recent sales situation of Wenchuang and IP derivative products, Chuangyuan Co., Ltd. said in a survey conducted by the reception agency on December 9 that IP co-branded products are loved by some consumers offline, but at present, the domestic market of the company is relatively small, which has little impact on the company's performance. Chuangyuan also said that the company currently has three major production bases in Ningbo, Anhui and Vietnam. The revenue in the first three quarters of 2024 has exceeded the annual revenue in 2023, and the capacity utilization rate has remained at a high level. The company has been working hard to improve the production capacity of the production base in Vietnam. In the future, according to the market situation, it will not rule out further expansion of production capacity in Southeast Asia.Moody's: The Reserve Bank of Australia may cut interest rates in May next year or ahead of schedule. After the Reserve Bank of Australia issued its December policy interest rate statement, Moody's analyst Harry Murphy Cruise said that the Reserve Bank of Australia may cut interest rates ahead of schedule. The Reserve Bank of Australia did not change its cash interest rate earlier today, but the tone was obviously more moderate. The Committee removed the statement that "no possibility is ruled out" and actually ruled out the possibility of raising interest rates. Australia's potential inflation rate will drop to 3.4% in the fourth quarter of this year, equivalent to an annualized rate of 2.9%. Although this may cause the Reserve Bank of Australia to cut interest rates in February. However, if the annualized inflation rate in the first quarter is lower than 3%, it may not meet the Committee's standard of "sustainable" inflation moving closer to the target range.