General Administration of Customs: China's imports of iron ore, coal and natural gas increased in the first 11 months. According to customs statistics, in the first 11 months of 2024, China imported 1.124 billion tons of iron ore, up 4.3%, and the average import price (the same below) was 768 yuan per ton, down 3.9%; 506 million tons of crude oil, down by 1.9% to 4,208.8 yuan per ton, up by 0.3%; 490 million tons of coal, up 14.8%, 688.4 yuan per ton, down 12.5%; 120 million tons of natural gas, up by 12% to 3,506.2 yuan per ton, down by 5.8%; 97.09 million tons of soybeans, an increase of 9.4% and a decrease of 15.1% to 3,591.7 yuan per ton; Refined oil reached 44.94 million tons, up by 4.5%, reaching 4,322.9 yuan per ton, up by 4.5%. In addition, 26.333 million tons of plastics with primary shapes were imported, a decrease of 2.4% to 10,800 yuan per ton, a decrease of 0.1%; The unwrought copper and copper products reached 5.127 million tons, up by 1.7% and 67,700 yuan per ton, up by 11.1%.BREMBO: innovate with Michelin to improve safety and driving comfort.Textile City: It is planned to sign the Entrusted Operation and Management Agreement with related parties. Textile City announced that the company plans to sign the Entrusted Operation and Management Agreement with Shaoxing Keqiao District Development and Management Group Co., Ltd. In 2023, the amount of daily related transactions between the company and the development and operation group was 4,449,600 yuan, and the estimated amount of daily related transactions in 2024 was 4,750,000 yuan. The renovation cost of the exhibition center is about 50 million yuan. After the renovation, it is estimated that about 200 business rooms can be renovated, and the total income during the 20-year operation period is about 994 million yuan.
The first general airport in Xiangyang, Hubei Province was approved, and the Zaoyang General Airport in Xiangyang City was recently approved by the Hubei Provincial Development and Reform Commission. This is the first general airport approved by Xiangyang City, which is of great significance for accelerating the construction of low-altitude infrastructure, promoting the development of general aviation industry and improving the comprehensive transportation network.In November, China's dollar-denominated exports increased by 6.7% year-on-year, while imports decreased by 3.9%.Anbotong: Signed a 153 million yuan intelligent computing center construction contract. Anbotong announced that the company and Wuxi Yixin Intelligent Computing Technology Co., Ltd. signed the "Wuxi Software Park Artificial Intelligence Intelligent Computing Center Platform Construction Project Contract". The contract amount is RMB 153 million, which will be used to provide intelligent computing center platform construction services and AI computing equipment. The contract shall come into effect after being signed and sealed by the legal representatives or authorized representatives of both parties. This cooperation aims at accelerating the layout of the company in the digital economy industry, enhancing the R&D and innovation capability of artificial intelligence networks, thus optimizing the business structure and enhancing the comprehensive competitiveness. The smooth performance of the contract is expected to have a positive impact on the company's future performance.
Singapore real estate tycoon plans to set up a family office in Abu Dhabi, and the family of Singapore real estate tycoon Raj Kumar plans to set up a family office in Abu Dhabi. Kishin RK, the son of Rajkumar, said that Abu Dhabi was chosen because of its strategic location and internationally recognized legal framework. "Setting up a family office in Abu Dhabi also allows us to expand our investment in the UAE and the Middle East." The net worth of Rajkuma family is estimated to be about $3.15 billion. Gissing did not disclose the scale of management funds of the family office, but said that they are recruiting and will focus on real estate investment in the retail, commercial and hotel sectors.AstraZeneca's potential blockbuster ADC was recognized by the FDA. AstraZeneca and Thirteen announced that the FDA granted its Trop2 targeted antibody-coupled drug (ADC) Datopotamab Deruxtecan (Dato-DXD) breakthrough therapy recognition (BTD) to treat adult patients with locally advanced or metastatic epidermal growth factor receptor mutation (EGFRm) who are undergoing treatment.FTSE China A50 index futures fell to 3%.