CASFC

For Xu Xiaoliang, co-CEO of Fosun International, the past 2022 was the most difficult year for Fosun to survive. This year, the company decided to speed up "slimming and getting fit", stepped up the withdrawal of non-strategic and non-core assets, and returned nearly 30 billion yuan in cash while focusing on the household consumption industry. "Three years of the epidemic have made Fosun clearer in terms of strategy, execution, direction and key points, as well as how to make trade-offs, and ...

The Danish Supreme Court has ruled in two rulings that profits from bitcoin sales should be taxed, potentially setting a precedent for cryptocurrency investments in the Nordic country. Of the two cases, one involved receiving profits from the sale of purchased bitcoins, while the other involved selling mined digital currencies. The Copenhagen Supreme Court said on Thursday that the judgments upheld a lower court ruling that investing in the digital currency was speculative. The Supreme Court ...

South Korean prosecutors' request for an arrest warrant for Terraform Labs co-founder Daniel Shin has been rejected for the second time by a local court. The Seoul Southern District Court said on Thursday that the charges against Shin were still disputed and that he was unlikely to be at risk of absconding or destroying evidence. Previously, it was reported in December last year that the South Korean court rejected the arrest warrant for Terra Co-creator Daniel Shin. Seoul prosecutors sa...

According to Barclays, the Bank of Japan is likely to start normalizing its ultra-loose monetary policy in June, first by adjusting its yield curve control and then ending its negative interest rate policy. The Bank of Japan may shorten the target of yield curve control and then move from negative interest rate policy to zero interest rate + forward guidance, strategists including researcher Tetsufumi Yamakawa wrote in a report that the Bank of Japan may end its negative interest rate policy ...

On March 29, the three major A-share indexes fluctuated within a narrow range. As of the close, the Shanghai Composite Index fell 0.16%, the Shenzhen Component Index rose 0.13%, and the ChiNext Index rose 0.09%. On the disk, the semiconductor sector rose sharply, and many stocks rose by more than 10%; CPO concept, industrial gas, lithography machine, hotel and catering, brewing, warehousing and logistics, integrated die-casting and other sectors also led the increase; CXO concept, oil and gas...

An executive at a major lender to the defunct hedge fund of FTX founder SBF had been given early access to the launch of a new token backed by FTX. Cryptocurrency firm Genesis, which filed for bankruptcy in January, has long been Alameda Research's main source of funding. That close relationship gave some Genesis executives the opportunity to invest in the cryptocurrency SBF helped launch, at a discount before the tokens were released to the public, according to people familiar with the ...

U.S. House of Representatives Majority Representative Tom Emmer announced Thursday that he has reintroduced to Congress the Blockchain Regulatory Certainty Act, which ensures that developers and non-custodial service providers in the crypto space are not considered remittances and that Not subject to the same level of regulation as custodial cryptocurrency exchanges. The bipartisan bill is co-led by Rep. Darren Soto (D-R-Talk). Emmer first introduced a similar bill in 2018. Emmer said: “Crypt...

Russia's Sistemma company said that the company has launched a Russian-language artificial intelligence program, SistemmaGPT, which has a function similar to ChatGPT, and has been tested for commercial use. The statement pointed out: "Sistemma, a Russian data analysis, modeling and data processing company, has created a Russian version of a ChatGPT-like program based on the research results of Stanford University and its own R&D results. The SistemmaGPT artificial intelligence model runs...

On March 25, the People's Daily published an article titled "Realizing the Healthy and High-Quality Development of the Private Economy" on the front page, stating that the private economy has become an indispensable force in promoting my country's development, and has become the main field of entrepreneurship and employment, an important subject of technological innovation, An important source of national taxation, it plays an important role in my country's economic development...

According to the estimates of the German Solar Industry Association (BSW), in 2022, the number of household solar and energy storage systems installed in Germany will increase by 52% compared with the previous year, and the deployment of photovoltaics will increase by more than 40%. Meanwhile, BSW found that three quarters of homeowners would consider installing solar PV, with one in five planning to do so within the next 12 months.

The Hong Kong Special Administrative Region Government issued a press release on March 22, announcing the appointment of two new directors and the re-appointment of four current directors of Hong Kong Cyberport Management Company Limited. The term of office is from April 1, 2023 to March 31, 2025. The newly appointed directors are Nano Labs founder and CEO Kong Jianping and Dr. Peng Yibang, and the four reappointed current directors are Wu Zhiqiang, Dr. Xian Chaoshun, Yang Quansheng and Liu G...