한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

introduction

At the beginning of August, the RMB exchange rate against the US dollar appreciated strongly. The RMB exchange rate has been rising rapidly in the past five trading days, almost recovering the lost ground this year. At present, the RMB exchange rate against the US dollar has reached 7.1551.

In my opinion, this wave of RMB appreciation is not a flash in the pan. Its strong return may rewrite the overall chess game of global capital flows, and at the same time allow more people to see the value of Chinese assets.

Let's talk about A-shares. Although the rebound since February has encountered some setbacks recently, if you look closely at the current market, you will find that some valuations and trading indicators are already at a staged low. Therefore, there is no need for us to be too pessimistic about the future.

News

1. SERES Group recently announced a major equity acquisition plan: the company intends to use approximately 1.329 billion yuan of self-raised funds to buy out the 19.355% equity held by Jinxin Fund, a minority shareholder of its holding subsidiary SERES Automotive.