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On March 25th, Gu Ming (01364.HK) announced its 2025 revenue of RMB 12.914 billion, a year-on-year increase of 46.9%; gross profit of RMB 4.262 billion, a year-on-year increase of 58.6%; net profit for the year of 3.115 billion, a year-on-year increase of 108.6%; profit attributable to owners of the parent company of RMB 3.109 billion, a year-on-year increase of 110.3%; adjusted profit of RMB 2.575 billion, a year-on-year increase of 66.9%; adjusted core profit of RMB 2.808 billion, a year-on-year increase of 77.8%; basic earnings per share of RMB 1.34, a year-on-year increase of 88.7%; and diluted earnings per share of RMB 1.08, a year-on-year increase of 52.1%. The Board of Directors recommends a final dividend of HKD 0.50 per share.According to a Reuters poll, 21 out of 60 economists believe the European Central Bank will raise interest rates at least once in 2026 (compared to 3 out of 72 economists in a March 13 poll).According to a Reuters poll, 38 out of 60 economists believe the European Central Bank will keep its deposit rate at 2.00% throughout 2026.On March 25th, the Beijing Municipal Commission of Planning and Natural Resources released its second round of proposed residential land supply list for 2026, involving four plots with a total area of approximately 22 hectares and a building area of approximately 380,000 square meters. These plots are planned for supply in the near future. All plots offered in this round are located in areas with strong market demand and well-developed infrastructure and public services. In terms of regional distribution, one plot is located in the central urban area (Fengtai District), two plots are located in the sub-center and multiple plain areas (Tongzhou District), and one plot is located in the ecological conservation area (Huairou District).On March 25, Assistant Minister of Commerce Yuan Xiaoming and Secretary for Economy and Finance of the Macao Special Administrative Region Government Tai Kin Ip co-chaired the eighth meeting of the Mainland-Macao Economic and Trade Cooperation Committee. Yuan Xiaoming stated that 2026 marks the start of the 15th Five-Year Plan. Macao is currently drafting its 3rd Five-Year Plan. Holding this meeting of the Mainland-Macao Economic and Trade Cooperation Committee at this time is of great significance for supporting Macaos proactive alignment with the 15th Five-Year Plan and deepening bilateral economic and trade relations. The Ministry of Commerce will further promote the expansion and implementation of CEPA, support Macaos participation in the Belt and Road Initiative, assist Macao in building a platform between China and Portuguese-speaking countries, and promote the moderate diversification of Macaos economy.

Elon Musk Reassures DOGE of Support to Deliver DOGE and SHIBA Gains

Jimmy Khan

Jun 22, 2022 14:13

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Elon Musk, a longtime supporter of Dogecoin (DOGE), was once again in the news this week. The entrepreneur behind Tesla Inc. and SpaceX doesn't seem to have been deterred much by a $258 billion lawsuit from promoting the joke currencies.


Elon Musk, in contrast to many others, has taken action; Tesla Inc. and SpaceX now accept DOGE and SHIB as payment for merchandise.


Keith Johnson, a cryptocurrency investor, sued Elon Musk, SpaceX, and Tesla Inc. last week for endorsing DOGE despite Musk's steadfast backing.


Johnson claimed that the defendants had conned him out of money and referred to the meme coin as a "Dogecoin Crypto Pyramid Scheme."


Defendants "falsely and fraudulently claim that Dogecoin is a legal investment when it has no value at all," Johnson continued.


Investors "who have lost money investing in DOGE since April 2019" are the ones Johnson seeks to represent.


Despite Musk's silence over the case, he has vowed to continue to support DOGE during this crypto winter.

Elon Musk Provides Support for DOGE and SHIB

News of Elon Musk responding to requests to reiterate his support for DOGE broke overnight.


Musk reacted to inquiries about the cryptocurrency market and the recent devastation while speaking to Bloomberg at the Qatar Economic Forum.


Musk made it clear that he never advocated for cryptocurrency investments. Additionally, he pointed out that Musk, Tesla Inc., and SpaceX all purchased little quantities of bitcoin (BTC) in comparison to their cash holdings.


"I want to personally support Dogecoin," Musk stated. "I just know a lot of individuals who are not that affluent who have pushed me to buy and support Dogecoin - so I'm reacting to those folks."

Musk allegedly said, "They've requested me to support Dogecoin, therefore I'm doing so," in response to requests for support from his firms' employees.


Shiba Inu (SHIB) accompanied DOGE (+9.50 percent), restoring the majority of June's losses, as Musk spoke of his support for DOGE. SHIB increased by 31.20 percent on Tuesday.