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On January 11, media reported that the planned visit to Somalia by Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, originally scheduled for January 9, had been postponed. A spokesperson for the Chinese Embassy in Somalia stated that, following friendly consultations between the Chinese and Somali foreign ministries, China adjusted Wang Yis itinerary due to scheduling conflicts. Both sides are maintaining communication regarding the next steps. China has always attached great importance to its strategic partnership with Somalia, firmly supports Somalias just claims to safeguard its sovereignty, unity, and territorial integrity, and is willing to work with Somalia to continue to deepen and develop cooperation in various fields.According to Iranian state media, the Iranian police chief stated that the confrontation with rioters has intensified.On January 11, according to an announcement by XIANLE Health, the company held its 17th meeting of the fourth board of directors on January 8, 2026. The board approved the companys plan to issue H shares and list them on the Hong Kong Stock Exchange. The shares issued will be H ordinary shares listed on the Main Board of the Hong Kong Stock Exchange, denominated in RMB but subscribed in foreign currency, with a par value of RMB 1.00 per share. The company will complete the H-share listing at an appropriate time and through an issuance window within the validity period of the shareholders meeting resolution. The specific issuance and listing time will be determined by the board of directors or its authorized personnel, either individually or jointly, on behalf of the company, based on international capital market conditions, the progress of approvals and filings by domestic and foreign regulatory authorities, and other relevant circumstances.The China Earthquake Networks Center officially determined that a 3.3-magnitude earthquake occurred in Ruoqiang County, Bayingolin Mongol Autonomous Prefecture, Xinjiang, at 14:57 on January 11, with a focal depth of 25 kilometers.On January 11, at the 30th China Capital Market Forum, Chen Huaping, Vice Chairman of the China Securities Regulatory Commission (CSRC), stated that the 15th Five-Year Plan period is a crucial time for advancing Chinese-style modernization and accelerating the construction of a financial powerhouse. The CSRC will focus on the main theme of preventing risks, strengthening regulation, and promoting high-quality development. He indicated that the CSRC will further enhance the effectiveness of regulatory enforcement, continuously improve the investor education, service, and protection system, adhere to strict regulation according to law, focus on cracking down on major and egregious violations, severely punish all kinds of malicious illegal activities, and promote the implementation of more special representative litigation and advance compensation cases to enhance investor trust and confidence.

Dow Futures Are Unchanged Ahead Of The Holiday And Earnings Seasons

Aria Thomas

Jan 16, 2023 10:51

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Futures for U.S. equities were trading higher on Sunday evening, as key benchmark averages finished the week at monthly highs and investors moved into riskier assets in response to somewhat weaker CPI data from the previous week.


The markets will be closed on Monday because of a holiday.


Dow Jones Futures were trading flat at 6:30pm ET (11:30pm GMT), while S&P 500 Futures and Nasdaq 100 Futures each fell 0.1%.


In extended trading, Bed Bath & Beyond Inc (NASDAQ:BBBY) lost 5.7%, Arrival Vault USA Inc (NASDAQ:ARVL) declined 4.6%, and Redhill Biopharma Ltd (NASDAQ:RDHL) fell 3.8%.


Investors will keenly scrutinize the upcoming figures on producer prices, industrial production, retail sales, construction permits, housing starts, existing home sales, and the Philadelphia Fed Manufacturing Index.


On the earnings front, market players will closely monitor Morgan Stanley (NYSE:MS), Goldman Sachs Group Inc (NYSE:GS), Netflix Inc (NASDAQ:NFL), Charles Schwab Corp (NYSE:SCHW), and Kinder Morgan Inc. (NYSE:KMI).


On the bond markets, 10-Year U.S. interest rates were 3.498%.