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15/01/2026
TSMC's fourth quarter gross margin is 62.3%, higher than the estimated 60.6%.
Latest
4 m ago
People's Bank of China spokesperson and deputy governor Zou Lan: The People's Bank of China will first introduce two policy measures.
4 m ago
Chenglian Branch Cui Dongshu: In 2025, the commercial vehicle market will exhibit structural growth characteristics driven by equipment renewal subsidies. High subsidies will accelerate the electrification of logistics transport, leading to high prosperity in the commercial vehicle industry.
5 m ago
Cui Dongshu: The policy of trading in old cars for new ones has had a good impact on the passenger car market, especially during the policy implementation period.
6 m ago
Foreign Ministry spokesperson Mao Ning presided over a routine press conference. US President Trump recently stated that the US government will approve the sale of H200 artificial intelligence chips to China. However, he also stated that the US government will deduct 25% of the total sales. What is the Chinese response to this? Mao Ning stated that China has already expressed its position multiple times on issues such as US restrictions on chip sales and tariffs. (Global Times)
6 m ago
Foreign Exchange Administration: By 2025, the quality and efficiency of foreign exchange management services for the real economy have significantly improved. A total of 28 measures were introduced under three "package" policies, and since the implementation of policies in the fourth quarter of last year, over 220 billion US dollars worth of related facilitation services have been processed nationwide. This includes supporting new trade formats such as cross-border e-commerce to facilitate online foreign exchange transactions for a total of over 1 billion transactions, serving over 1.8 million small and micro merchants. Banks participating in foreign exchange exhibition industry reform will be expanded to 30. Including businesses under the exhibition industry reform, cross-border payments and receipts totaling 2.3 trillion US dollars will be processed with a "waiver approval" based on corporate orders by 2025, an increase of 33% compared to 2024. The foreign exchange market transaction volume will reach 42.6 trillion US dollars in 2025, and the corporate foreign exchange hedging ratio will increase to 30%, both reaching historical highs.
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