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1.15222
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4317.48
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74.301
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Real-time News
Hong Kong Monetary Authority: The Federal Reserves decision to keep interest rates unchanged was in line with market expectations.On June 18, the Hong Kong Monetary Authority (HKMA) responded to the Federal Reserves interest rate decision, stating that the Feds decision to maintain the current interest rate was in line with market expectations. The post-meeting statement indicated that inflation remained at a relatively high level, reflecting the Committees concern about the inflation outlook. In Hong Kong, the money and financial markets continued to operate smoothly. Under the linked exchange rate system, Hong Kong dollar interbank rates generally converge with US dollar interest rates, while shorter-term interbank rates are also affected by the supply and demand of Hong Kong dollar funds in the local market, such as seasonal factors and capital market activity. Changes in US interest rates will depend on inflation trends, the employment market situation, and other economic data, which will also affect Hong Kongs interest rate environment. Citizens should fully consider and manage interest rate risks when making decisions regarding property purchases, investments, or borrowing. The HKMA will continue to closely monitor market changes and maintain monetary and financial stability.On June 18th, the "Offshore Wind Power Review and Outlook" report was released in Shanghai yesterday (June 17th). The report shows that by 2025, my countrys newly added grid-connected offshore wind power capacity will account for 78% of the global total, maintaining its leading position globally. In 2025, the global newly added grid-connected offshore wind power capacity will reach 9.252 million kilowatts, a year-on-year increase of 16%, of which the Chinese market contributed 7.192 million kilowatts, accounting for a high 78%. By the end of 2025, the global cumulative grid-connected offshore wind power capacity will reach 92.475 million kilowatts, with China accounting for 56% of the global total with a cumulative installed capacity of 52.042 million kilowatts, continuing to lead the world. The 15th Five-Year Plan clearly states the goal: to build offshore wind power bases in the Bohai Sea, Yellow Sea, East China Sea, and South China Sea, and to promote the standardized and orderly development of deep-sea wind power, with the cumulative grid-connected offshore wind power capacity reaching over 100 million kilowatts.On June 18th, the Information Office of the Shandong Provincial Peoples Government held a routine policy briefing, inviting officials from the Provincial Department of Commerce and others to interpret the "Implementation Plan for Local Self-Determined Subsidies for Consumer Goods Trade-in Program in Shandong Province in 2026." To further improve the effectiveness of the consumer goods trade-in policy and meet the diversified consumption needs of the public, five departments, including the Provincial Department of Commerce, issued the "Implementation Plan for Local Self-Determined Subsidies for Consumer Goods Trade-in Program in Shandong Province in 2026," which officially came into effect on June 18th (today) and will end on December 31st, 2026. A total of eight categories are included in the province-wide self-subsidy program, including robotic vacuum cleaners (including floor scrubbers), mobility aids exoskeleton robots, smart toilets, range hoods, household gas stoves (including integrated stoves), water purifiers, dishwashers, and hearing aids.On June 18th, local time, 36 satellites belonging to Amazons Low Earth Orbit (LEO) satellite program were successfully launched from the Kourou Space Centre in French Guiana on the morning of June 17th. Approximately two hours later, all satellites were successfully deployed into their designated orbits. The launch was carried out by a European Ariane 6 launch vehicle. According to the contract, the Ariane 6 will carry out 18 launches to deploy the Amazon LEO satellites; this was the third launch.
