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On May 28th, the fourth batch of land auctions in Shanghai for 2026 was held. According to the Shanghai Municipal Planning and Natural Resources Bureau, the HK306-08 residential land parcel in Jiaxing Road Subdistrict, Hongkou District, was among the successful bids. The parcel is bounded by Taipingqiao Branch Road to the east, planned green space to the south and west, and Linping Road to the north. It has an area of 7,115.32 square meters, a building area of 17,800 square meters, and a building height limit of 80 meters. On the same day, 12 bidders registered for the HK306-08 residential land parcel. The starting price was 1.42 billion yuan, with a starting floor price of approximately 80,000 yuan per square meter. After 63 rounds of bidding, the total transaction price reached 1.93 billion yuan, with a floor price of approximately 109,000 yuan per square meter and a premium rate of 35.63%. The winning bidder was Shanghai Chengtou Real Estate (Group) Co., Ltd.May 28th - According to foreign media reports, sources familiar with the matter said that the Japan Innovation Investment Corporation (JIC), a government-backed fund, is considering selling chip materials manufacturer JSR. Two years ago, the agency privatized JSR in a $6 billion deal. JIC, overseen by Japans Ministry of Economy, Trade and Industry, was established in 2018 with the aim of enhancing Japans competitiveness through its investments. Sources indicated that Fujifilm and Mitsubishi Chemical have both expressed interest in acquiring the company. Large-scale investments in artificial intelligence have driven up valuations of chip supply chain companies, and JIC originally hoped to leverage JSR to drive consolidation in the materials industry; now, it is considering selling the company to take advantage of the current favorable market environment. Founded in 1957, JSR is a leading manufacturer of photoresist, used to transfer circuit patterns onto semiconductor wafers. In the fiscal year ending March of this year, JSR achieved a net profit of 60.7 billion yen and revenue of 400.7 billion yen.Kazakhstans Energy Minister: Maintenance of the Kashagan oil field has not yet begun; shareholders are discussing the matter.Kazakhstans Energy Minister: Maintenance of the Kashagan oil field has not yet begun; shareholders are currently discussing it.On May 28, President Xi Jinping and Austrian President Alexander Van der Bellen exchanged congratulatory messages to celebrate the 55th anniversary of the establishment of diplomatic relations between the two countries. Xi Jinping pointed out that over the past 55 years, China-Austria relations have weathered storms and maintained healthy and stable development. In 2018, President Van der Bellen and I jointly established a new positioning for the China-Austria friendly strategic partnership, ushering in a new stage in the development of bilateral relations. Last May, a new pair of "Panda Ambassadors" appeared in Vienna, further deepening the friendship between the two peoples. Currently, the international situation is complex and volatile. As promoters of world peace, supporters of multilateralism, and defenders of free trade, China and Austria should jointly uphold mutual respect and trust, openness and inclusiveness, and win-win cooperation. I attach great importance to the development of China-Austria relations and am willing to work with President Van der Bellen to take the 55th anniversary of the establishment of diplomatic relations as an opportunity to push China-Austria relations to a new level and make greater contributions to world peace and development.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

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