Real-time News

Sources say the EU investigation into Meta may begin on Thursday.

According to Japan's Kyodo News, Japanese Prime Minister Sanae Takaichi plans to meet with South Korean President Lee Jae-myung in Nara, Japan, in mid-January.

The Russian Ministry of Defense stated that Russian forces struck Ukraine's transportation and energy infrastructure.

Dio Microelectronics stated on its interactive platform that the company is currently developing a high-value digital-to-analog conversion product for OCS switches, making a forward-looking layout in the OCS switch field.

The Society of Motor Manufacturers and Traders (SMMT) reported that new car registrations in the UK fell 1.6% in November to 151,154 vehicles.

The EU plans to eliminate institutional barriers in the single market for trading and asset management, seek centralized regulation of market infrastructure, and remove obstacles to distributed ledger technology.

Regional governor: A thermal power plant in Kherson, Ukraine, has suspended operations following Russian attacks.

The onshore yuan closed at 7.0690 against the US dollar at 16:30 on December 4, down 29 points from the previous trading day.

Germany's construction PMI for November was 45.2, compared to 42.8 in the previous month.

ECB Executive Board member Cipollone: We expect the savings rate to decline, and if this does not happen, action will be needed.

ECB Executive Board member Cipollone: (When asked if it was too early to announce the end of interest rate cuts) If our assumptions fail to materialize, we will need to take action because there are still many risks ahead.

ECB Executive Board member Cipollone: (When asked whether the ECB accepts Japan's intervention in the foreign exchange market to support the yen's depreciation) We will adhere to the wording on foreign exchange in the G7 communiqué.

The Hang Seng Index closed up 175.17 points, or 0.68%, at 25,935.9 on Thursday, December 4; the Hang Seng Tech Index closed up 80.51 points, or 1.45%, at 5,615.43; the H-share Index closed up 77.93 points, or 0.86%, at 9,106.48; and the Red Chip Index closed up 10.6 points, or 0.25%, at 4,249.99.

ECB Executive Board member Cipolo Nee: Confidence in enacting legislation for a digital euro by 2026 is “growing daily.”

On December 4th, sources familiar with the matter revealed that the restructuring plan for Country Garden's (02007.HK) "H16 Tengyue 2" bond was approved by the creditors' meeting. This brings the total number of bonds involved in Country Garden's domestic debt restructuring that have had their restructuring plans approved by creditors, with a total outstanding balance of RMB 13.85828 billion. Regarding the cash prepayment arrangement, i.e., the consent fee, the plan shows that for holders who voted in favor of all proposals at the bondholders' meeting, 0.1% of their bonds will be prepaid and cancelled, with all interest waived. Country Garden's adjusted principal and interest repayment arrangement shows that principal repayment has been extended to September 2, 2035. Taking H16 Country Garden 5 as an example, repayment will be made in nine installments starting from September 2, 2031, every six months. The repayment amounts for the first four years are 1%, 2%, 3%, and 4% respectively, and from March 2, 2034, the repayment proportions will be 15%, 15%, 20%, and 30% respectively. Unpaid interest as of September 2, 2025 (the base date) will be recalculated at an annual interest rate of 1%; interest will be calculated at a simple interest rate of 1% per annum from the base date, and the interest will be paid in a lump sum on September 2, 2035.

ECB Executive Board member Cipollone: We are ready to respond to any shocks.

ECB Executive Board member Cipolo Nee: The economy has shown resilience.