The president has been taken away! Vanke is once again caught in the eye of the storm.

① Today, media reported that the Director, President, and CEO of CHINA VANKE, Zhu Jiusheng, has been taken away by public security authorities; ② In the market, today five domestic Bonds from CHINA VANKE were temporarily suspended due to a decline exceeding 20%; ③ Analysts believe that the fluctuation in CHINA VANKE's Bonds today may be related to the small peak of debt repayment that CHINA VANKE will face this year.

cls.cnJan 16 21:18

Sales growth of core varieties: REMEGEN's revenue in 2024 is expected to increase by more than 50% year-on-year, but it has not yet achieved profitability.

① The company has increased its R&D investment, while sales revenue of Tai Tasi Pu and Vidi Situt Monoclonal Antibody has grown rapidly, with the product gross margin continuing to rise and the sales expense ratio significantly decreasing. Therefore, it is expected that the company will report a net loss in 2024, showing a trend of reduced losses; ② The company's Phase III clinical trial for IgAN of Tai Tasi Pu in China has concluded, and data readout is expected in the first half of 2025.

cls.cnJan 16 21:15

Xu Jiming resigned as the chairman of the supervisory board of Bank Of Communications, and five out of the six major state-owned banks have vacancies for the chairman of the supervisory board, marking a transitional period for the reform of the supervisor

① From the current practices of major Banks, it is highly likely that listed Banks will tend not to establish supervisory boards. ② The new transitional arrangements of the Securities Regulatory Commission's "Company Law" clarify that listed companies should not establish supervisory boards or supervisors before January 1, 2026.

cls.cnJan 16 15:54

BYD's overseas strategy: Brazil is a top priority, ASEAN is the present, Europe is the future.

Morgan Stanley stated that exports remain a key pillar for BYD to achieve sales growth in 2025, until its overseas production bases are fully operational. Amid escalating geopolitical tensions in other regions, ASEAN and the Americas will become major sales markets for BYD.

wallstreetcnJan 16 14:01

Cailian Press Autos Morning Report [January 16]

① The Ministry of Commerce: This week, detailed implementation rules for new purchase subsidies for mobile phones and other digital products will be issued successively; ② Guangdong: The production of New energy Fund vehicles will grow by 43% in 2024, accounting for a quarter of the national total; ③ Chongqing Changan Automobile: It will enter the Europe market in 2025;

cls.cnJan 16 08:39

Insurance capital's first move in the New Year! "Major shareholder" Ping An Life has taken a stake in Postal Savings Bank Of China.

Previously, insurance funds increased their stakes in multiple Banks stocks.

wallstreetcnJan 15 17:32