EUR/USD
1.17384
-0.138%
Gold
4935.26
-0.014%
Oil
60.434
1.425%
USD/JPY
158.198
-0.140%
GBP/USD
1.35234
0.158%
GBP/JPY
213.944
0.036%
Real-time News
January 23 – In 2025, 70,392 new foreign-invested enterprises were established nationwide, a year-on-year increase of 19.1%; actual utilized foreign investment amounted to RMB 747.69 billion, a year-on-year decrease of 9.5%. By industry, actual utilized foreign investment in manufacturing reached RMB 185.51 billion, and in services RMB 545.12 billion. Actual utilized foreign investment in high-tech industries reached RMB 241.77 billion, with actual utilized foreign investment in e-commerce services, medical equipment and machinery manufacturing, and aerospace and equipment manufacturing increasing by 75%, 42.1%, and 22.9%, respectively. By origin, actual investment from Switzerland, the UAE, and the UK increased by 66.8%, 27.3%, and 15.9%, respectively (including investment data through free ports).On January 23, Shenzhen released the "Shenzhen Municipal Measures for the Management of Allocated Affordable Housing," which will take effect on March 1, 2026. Applicants for allocated affordable housing must meet the following conditions: Shenzhen household registration; no self-owned housing in Shenzhen and no transfer or division of self-owned housing due to divorce within the three years prior to the application acceptance date; and at least five years of social security contributions in Shenzhen (three years for those meeting the talent introduction and household registration approval conditions stipulated by the municipal government). The municipal housing security implementation agency or district housing authorities may adjust some application conditions based on the specific circumstances of the allocated affordable housing project. The specific application conditions for each project, after approval by the municipal housing authorities, will be specified in the projects allocation announcement. Allocated affordable housing will be subject to strict closed management and cannot be converted into commercial housing in any way.January 23 – Data released by the Reserve Bank of India (RBI) on Friday showed that rising gold prices and the increased value of non-dollar assets drove the countrys foreign exchange reserves to their largest increase in over ten months. Indias foreign exchange reserves increased by $14.17 billion in the week ending January 16 – the largest increase since early March last year – reaching $701.4 billion. Despite the central banks intervention to support the rupee, foreign exchange reserves still increased. Sakshi Gupta, chief economist at HDFC Bank Limited, said, "Despite the RBIs intervention, the increase in reserves was due to the valuation effect of rising gold prices and the appreciation of non-dollar assets."French Finance Minister: All indications suggest that economic growth in 2025 will be closer to 0.9%, rather than the 0.7% we previously expected.On January 23, Pengling Co., Ltd. announced that its revenue for 2025 is expected to be between 2.78 billion and 2.88 billion yuan, compared to 2.461 billion yuan in the same period last year; net profit attributable to shareholders of the listed company is expected to be a loss of 228 million to 168 million yuan, compared to 77.6504 million yuan in the same period last year; net profit excluding non-recurring items is expected to be a loss of 240 million to 180 million yuan, compared to 75.0424 million yuan in the same period last year. The performance change is attributed to a decline in sales prices for the Hebei Xinou project, resulting in an estimated goodwill impairment of approximately 280 million yuan; non-recurring gains and losses of approximately 12 million yuan; and increased early-stage development investment in the thermal management project. This forecast is a preliminary estimate, and specific figures will be disclosed in the annual report. In addition, the actual controller plans to increase its holdings in the company by 20 million to 40 million yuan.
