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the rmb exchange rate has risen sharply! on september 11, the six major news in the early morning of this morning continued to ferment!

2024-09-11

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1. the rmb exchange rate rose sharply in august! the rmb exchange rate against the us dollar rebounded strongly from a low of 7.2261 to 7.0881, an increase of 1,380 basis points.

in order to turn the sluggish market around, a series of good news is needed. for example, the overall decline in us inflation in june undoubtedly increases the possibility of the federal reserve cutting interest rates. against this backdrop, the rmb appreciated by 1,380 points within the month.

of course, if the fed really cuts interest rates, the us dollar index may fall, and the rmb exchange rate may passively rise, which will undoubtedly reduce the pressure on the depreciation of the rmb. however, for the a-share market, due to various reasons, the participation of foreign capital is not high, and some large overseas banks are still lowering their ratings for a-shares.

2. with the continuous actions of giants, a new round of mergers and acquisitions has been launched in the medical industry.

this year, the number of m&a cases in the medical industry ranks second among all industries, showing the activeness of this field. in addition to the dynamics of mindray medical, china resources sanjiu recently planned to acquire 28% of tasly's shares for 6.2 billion yuan.

it is worth noting that this is the second time that china resources sanjiu has launched an m&a campaign on an a-share listed company after its previous acquisition of kunming pharmaceutical group. in the medical industry, acquisitions are a common method used by large companies to acquire new product lines and consolidate the upstream and downstream of the industrial chain.