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[Inovance Technology: Largest Shareholder Plans to Increase Stake by RMB 150 Million to RMB 200 Million] Inovance Technology announced that its largest shareholder, Inovance Investment, plans to increase its stake in the company within six months fro

2026-09-24

[Inovance Technology: Largest Shareholder Plans to Increase Stake by RMB 150 Million to RMB 200 Million] Inovance Technology announced that its largest shareholder, Inovance Investment, plans to increase its stake in the company within six months from the date of this announcement through methods such as centralized bidding and block trading. The investment amount will be no less than RMB 150 million and no more than RMB 200 million. The funds for the increase will be provided through a combination of special loans and the company's own funds. The Shenzhen branch of the Industrial and Commercial Bank of China has committed to providing a special loan of no more than RMB 400 million for the increase.

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2026-09-24

[State Administration of Foreign Exchange Releases Data on China's Foreign Exchange Market Transactions in August 2026] Statistics from the State Administration of Foreign Exchange show that in August 2026, the total transaction volume of China's for

[State Administration of Foreign Exchange Releases Data on China's Foreign Exchange Market Transactions in August 2026] Statistics from the State Administration of Foreign Exchange show that in August 2026, the total transaction volume of China's foreign exchange market (excluding the foreign currency pair market, the same below) reached RMB 26.28 trillion (equivalent to USD 3.87 trillion). Specifically, the bank-to-customer market saw transactions of RMB 4.30 trillion (equivalent to USD 0.63 trillion), and the interbank market saw transactions of RMB 21.99 trillion (equivalent to USD 3.24 trillion); the spot market saw a cumulative transaction volume of RMB 7.66 trillion (equivalent to USD 1.13 trillion), and the derivatives market saw a cumulative transaction volume of RMB 18.62 trillion (equivalent to USD 2.74 trillion).
2026-09-23

Federal Reserve Governor Barr: Mortgage rates have risen, but they will fall as inflation declines.

Federal Reserve Governor Barr: Mortgage rates have risen, but they will fall as inflation declines.
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