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On December 17th, Jinlu Electronics stated on its interactive platform that its PCBs are used in charging equipment for new energy vehicles. In the new energy vehicle PCB market, the company has accumulated a wide and high-quality customer base across the industry chain, including OEMs, Tier 1 suppliers, and EMS factories.The US dollar rose above 1,480 against the South Korean won for the first time in eight months.December 17th - According to data from China Tungsten Online, tungsten powder prices rose by 10,000 yuan/ton today, reaching a new high of 1 million yuan/ton, a 216.5% increase compared to the beginning of the year. In addition, the latest price for 65% black tungsten concentrate is 420,000 yuan/standard ton, a 193.7% increase compared to the beginning of the year; the latest price for ammonium paratungstate (APT) is 620,000 yuan/ton, a 193.8% increase compared to the beginning of the year.December 17th - ING Senior Economist Min Joo Kang wrote in a report that the Bank of Japan is more likely to raise interest rates on Friday due to strong Japanese exports. Exports rose for the third consecutive month in November, and core machinery orders surged for the second consecutive month in October. The data suggests the economy is recovering from the contraction of the previous quarter. The market will be watching comments from Bank of Japan Governor Kazuo Ueda. Given growing concerns about rising market interest rates, we expect Ueda to refrain from delivering any hawkish messages at the press conference.Yaojie Ankang-B (02617.HK) saw its gains widen to 20%, with the share price currently at HK$176.1.

Cryptos

Crypto Market Daily Highlights: BTC Delivered Market Support

The crypto market ended a negative week on an optimistic note. Gains were small, though, as investors fought off increased surveillance.