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On December 29th, UBTECH Robotics Corp. Ltd. (09880.HK) announced that Mr. Zhou Jian, Chairman of the Board, Executive Director and CEO of the Company, is the legal beneficial owner of 70,574,350 H shares of the Company. On December 29, 2025, Mr. Zhou voluntarily committed to the Company that he will not reduce his holdings of the 70,574,350 H shares of the Company in any way within 12 months from December 29, 2025.On December 29th, silver prices retreated after hitting a record high above $80 per ounce on Monday, while gold prices also fell from near-record highs as investors took profits and a reduced perception of geopolitical risks dampened safe-haven buying. ActivTrades analyst Ricardo Evangelista stated, "Gold prices fell in early trading today after hitting record highs, mainly due to traders taking profits ahead of year-end. Initial optimism from the US government regarding progress in the Ukraine peace talks also represented a mild headwind." The market is currently focused on the release of the Federal Reserves December meeting minutes on Tuesday for clues about the interest rate outlook. UBS analysts stated in a report, "Gold is trading at a high premium, and a sudden shift to a hawkish stance by the Fed and/or large-scale outflows from major ETFs could trigger downside risks."On December 29th, Shengtong Energy announced that its stock price had increased by 213.97% from December 12th to December 29th, 2025, triggering multiple instances of abnormal stock trading fluctuations. The significant short-term price increase has severely deviated from the companys fundamentals. To protect investors interests, the company will suspend trading to investigate the stock trading fluctuations. Trading in the companys stock will be suspended from the opening of the market on December 30th, 2025 (Tuesday) and will resume after the investigation is completed and an announcement is released. The suspension is expected to last no more than three trading days.Sources say Kazakhstans oil production so far in December has fallen 6% from the November average, to 1.93 million barrels per day.On December 29th, it was reported that on December 26th, the State Administration of Foreign Exchange (SAFE) held a collective meeting for newly appointed division-level and department-level leaders for 2025. Zhu Hexin, Secretary of the Party Leadership Group and Director of SAFE, attended and delivered a speech. Zhu Hexin emphasized that, focusing on the main tasks of preventing risks, strengthening supervision, and promoting high-quality development, SAFE should enhance its sense of responsibility, improve its ability to perform its duties, work diligently and pragmatically, continuously deepen reform and opening up in the foreign exchange sector, facilitate cross-border trade and investment, prevent risks in cross-border capital flows, ensure the safety, liquidity, and value preservation and appreciation of foreign exchange reserve assets, and effectively safeguard the stability of the foreign exchange market and national economic and financial security.

S&P 500 Price Forecast – Stock Markets Continue to Struggle

Alice Wang

Jul 15, 2022 15:54

Technical Analysis of the S&P 500

Due to the ongoing pessimism, the S&P 500 has decreased somewhat during Thursday's trading session. At this time, it seems as if the market is prepared to go further, maybe attempting to approach the most recent lows at the 3637 level. In the end, this market should continue to see a lot of agitated behavior. I believe that fading rallies will remain a significant problem. The 50 Day EMA is now hanging in the general vicinity of the 3950 level, which serves as the ceiling at this time.


Ultimately, your indication to become engaged will be when you start to feel exhausted after brief rallies. Given the lack of global growth and the fact that inflation is still a problem, I do believe the downward trend will continue. Additionally, the Federal Reserve is rapidly tightening monetary policy, and as a result, a 100 basis point interest rate rise is being predicted. Due to the fact that the S&P 500 contains so many significant exporters, it is extremely probable that we will continue to see significant problems with the global economy.


In the end, a running season is approaching, so there could be some "hopium" waiting to happen, but after hearing J.P. Morgan declare, "We have never seen an economic scenario like this," during its results presentation, I don't think this earnings season will be cause for celebration. After a rally, I will suppress any indications of tiredness.

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