Kanpur Stock:Indians have a wedding, focusing on showing off their wealth: the richest man spent 4.3 billion, and the average cost of rich people spend more than one million

Indians have a wedding, focusing on showing off their wealth: the richest man spent 4.3 billion, and the average cost of rich people spend more than one million

On the streets of Mumbai, India on July 14, the security level of security was improved to the highest level. The police forces in the city were only an unprecedented "show off the wealth" celebration.

If this is the wedding of Asian richest man and the chairman of the Indian Shinshi Group Anbani, Antante, the influence of the guest list alone may be able to compare the opening ceremony of the Paris Olympic Games.

△ Asia’s richest man Antani Antani Antani (left), with his wife, Indian Pharmaceutical Tycoon Lady Ladica Michate (right).(Source: Xinshi Industrial Official Account)

The opening of the wedding celebration was Justin Bieber. It is reported that the Ambani family cost $ 10 million to invite him to sing.

There are also business leaders and celebrities from all walks of life from all over the world.Indian Prime Minister Modi, former British Prime Minister Johnson, former British Prime Minister Blair, HSBC Bank Board Chairman Mark Tak, South Korean Samsung Electronics leader Lee Jae -hyunTino, half of the Bollywood film emperors and other celebrities.

They wore traditional Indian traditional costumes wearing top luxury brands, and came to bless this newcomer who might not be familiar with them.

△ The grand occasion of the Antante wedding (picture source: the official account of Xinshi Industrial)

This is a wedding that is well known in India, and to some extent, it is also the "Indian influence" that Modi wants.

The Xinshin Group, which spans petrochemical, energy, telecommunications, and retail, also occupies 95%of the media channels of Indians’ TV ratings. The Ambani family had previously used its 72 TV channels to build a for seven months for the wedding for seven months.EssenceThe faithful industrial Facebook account with 23 million fans also posted dozens of posts about this wedding during this time.Kanpur Stock

Not only that, thousands of guests chartered the machine and Xinlang sent a watch worth 2.4 million US dollars to each best man … This kind of handwriting was ashamed of the existing royal family.

It is estimated that from the engagement ceremony in January, the pre -marital party in March, to the pre -marital cruise ship tour in May, and the formal wedding in July, the Anbani family for this half -year wedding expenditure exceeded 50 billionIndia’s Rubidi (about RMB 4.3 billion).Among them, just ask for a set, each worth over 600,000 Indian rupees (about 52,000 yuan).

This century weddings made people see the new ceiling of Indian weddings, and many people also felt the wealthy gap of the country’s increasing rich and the poor.You know, in this country, 60 % of the people still live under the poverty alleviation of the World Bank, and their daily living expenses are less than $ 3.6 (about 26.1 yuan).

Indian wedding, be sure to show off their wealth

In Indian society, weddings are important indicators to measure a person’s status and wealth. Even low -income groups must be applied for a lot.No matter how difficult the economy is, the most difficult parents will try to give their daughters at least one gold chain to save face.

India is now the second largest gold consumer country in the world after India. In addition to financial management functions, a large amount of gold is used as weddings, and Indian weddings use an average of 2 to 3 kg of gold.

"How much waste can be suffered at the wedding shows the status of newcomers," explained Morinen Calita, a sociologist in Guvahagi, India.

This kind of marriage custom has been magnified in the social media era, especially the wealthy wedding, which has expanded the imagination of India’s middle -class to the poor for luxury: for several days, big feast guests, inviting movie stars singers, custom jewelry and dresses,It has almost become the standard for the wedding of Indian rich people.

△ Sisters of Kardashian attended the wedding of Aunte.(Source: Kardashian social media account)Chennai Stock

In 2004, the daughter of Indian Iron Tycoon Mittar, Vanessa, and Amit Bhatia, an investment banker in London, held a week -long and $ 60 million wedding, and about 1,000 guests flew to France to the wedding.The wedding event includes the private performance of the Eiffel Tower’s fireworks and singer Kylie Minogue.

In 2016, the daughter of the Indian mining tycoon and politician Gali Janardhana Reddy hosted a five -day wedding at $ 74 million. The wedding issued a gold -plated invitation to banquet guests 50,000.

Until Ambani shot, he achieved "crushing victory".In 2018, it was only a engagement banquet he hosted by his daughter Isa, which cost $ 150 million.

In contrast, the "Century Big Marriage" of Prince Charles Charles and Princess Diana in 1981 only spent about $ 48 million.After adjustment by inflation, it was about $ 137 million today.

△ Former British Prime Minister Johnson and Ambani talked at the wedding.(Source: Xinshi Industrial Official Account)New Delhi Wealth Management

Perhaps the criticism of the extravagant and wastefulness of the outside world, Ambani closed his mouth without talking about the official wedding of his daughter and the expense of the younger son Aunte’s wedding.

However, according to the NBC report, a Mumbai wedding planner estimates that the total expenditure of Aste’s 7 -month wedding may exceed 600 million US dollars (about RMB 4.3 billion).

Not only that, in order to give a wedding for the younger son, Ambani used his own political and business relationship to upgrade a Mumbai’s military airport to a temporary international airport to accommodate the private planes of his banquets for a banquet.Eventually, on the weekend of the wedding, there were multiple main roads in the center of Mumbai City. The local police used "public activities" to protect the wedding at the level of "public activities".

Indian scholar Pratap Bunu Meta wrote in the Indian Express that for the Anbani family, celebrations have become their "projection of national power.""Whether it is the former leader of the country, the head of the corporate giant, or the superstar of the king, the Ambani family can let them come to their own territory to dance."

△ The film emperors of the Bollywood India dance before the Aunite’s party.(Source: Xinshi Industrial Official Account)

Under the guidance of celebrity effects and social media, Indian weddings have already become a huge industry for drought and flood protection.

Tim Chi, the chief executive of the wedding planning service company The Knot Worldwide, has promoted many aspects of the Indian wedding industry in Zananbani’s wedding, and "even promoted economic growth."

The All -Indian Trade Union, representing SMEs, estimates that from matchmakers, catering to shooting and construction teams, the upstream and downstream output value driven by the Indian wedding industry may exceed US $ 130 billion each year (about 944.79 billion yuan).Under this algorithm, the wedding industry will become the fourth largest industry in India, surpassing automobiles, steel and technology, second only to energy, banking and insurance.

Given that the Indian rich people had a wedding in foreign countries in recent years, Indian Prime Minister Modi called on Indians to hold a wedding in their own country, "let the country’s money stay in China."

However, the reality is that even if the rich in India is a wedding in China, it may not be able to provide India’s many low -income groups with work or extra tricks, but instead increase the burden and internal consumption of the people at the bottom.

Indian poor wedding: marriage = debt

DrNagpur Investment. Lanjana Kuman, Director of the New Delhi Think Tank Social Research Center, said that the high -profile wedding of the rich and celebrities set up difficult high standards for the middle class and low -income groups, causing unnecessary social pressure.

A report of "Outlook" magazine states that although the wedding overhead of Ambani’s children is already the highest level in the world, if the proportion of net assets spent by children’s weddings, Ambani, which has a total asset of $ 123.7 billion, may not be as goodMumbai slum family, 7 kilometers away from his mansion.

The average spending of India’s middle class and the rich in luxury weddings is between 200,000 to 400,000 US dollars (about RMB 1.45 million to 2.9 million yuan), which does not include buying jewelry and clothing.On average, the annual income of the common wedding in India spends more than $ 15,000 to host a wedding.

△ The wedding of the low -income group in India is also lively, but the average annual income of family income is more than three times.(Source: Social Media)

However, the extravagance of the rich and middle class at the wedding was transmitted to Indian poor families, but it became a heavy economic burden on the woman’s family.According to India’s traditional wedding customs, at the wedding of up to two hundred guests, the "face" of the man’s family depends mainly on how the woman’s family treats guests and what value dowry to send.

Studies from the World Bank found that the dowry of the Indian bride’s house average is seven times that of the groom’s family.

This feature is very easy to be affected by the extravagance of the wealthy wedding. The vanity of some Indian men’s families eventually led to the suffering of the woman’s family.

When the school teacher of Delhi held a wedding with his neighbor (an electrician) in November 2019, he was excited because he was finally about to get married, but this joy from freshness was soon affordable by the economy.Broke.

The 26 -year -old girl deposited $ 2,000 from a monthly salary of $ 200. Her mother also sold a small piece of land at home for dowry -furniture, television and refrigerators.The rest of the money is used to book a small wedding hall, hire local bands and provide catering for more than 200 guests.

However, the fiance’s father was still not satisfied, and he hoped his son would get a car.Shilma’s father died when she was 19 years old. As the boss of the four children, Charma has always been the main force of supporting family. The man’s request for the man’s family has completely exceeded the economic ability of her family.

The fiance’s family was reluctant to return and eventually canceled the marriage contract.

Charma eventually chose to live independently without getting married. Her experience is the true portrayal of many people at the bottom of India.

△ In recent years, India’s emerging poor collective weddings.(Source: Social Media)

Samili Kakar, an obstetrician and gynecologist in India, said that in India, his son is regarded as a future investment. He can take care of the elderly parents, unlike his daughter and leave home after getting married.Therefore, the birth of the son is valued, but the daughter is generally regarded as a burden, and even the "scourge" of poor families.

Many parents of Indian poor families believe that girls only need to care about how to marry themselves, and the economic burden must fall on themselves."In our society, it is a heavy responsibility to marry your daughter, and there is nothing to be worthy of happiness." Said La Ni Devi, a 56 -year -old small farm owner.

If the man’s family is not satisfied, the consequences will be unimaginable.The man’s family may cancel the wedding that makes the woman’s family shame in the neighborhood, asking for harassment in the name of more dowry, and even a violence.

In early 2020, a husband in Bangalore was still not satisfied after receiving a kilogram of golden dowry. When his wife refused to increase the dowry, he burned her alive.

△ The obsession with gold jewelry in the traditional Indian wedding customs also increased the economic burden of the woman’s family.(Source: Social Media)

In December 2020, because of the harassment of dowry problems, a 27 -year -old woman in Lajastan, India, burned his house arson, and then jumped into the fire with his two sons.

Of course, India has long been legislative, but it is almost false at the level of law enforcement.

According to the "Prohibition of Dowry Law" in 1961, it is illegal to provide or accept dowry in India. The offenders will face at least five years of imprisonment and impose a fine of $ 200 or dowry.

In 1983, Article 304B and 498A of the Indian Criminal Code were also promulgated. The maximum punishment was prohibited from violence against women or their relatives.

According to data from the Indian National Criminal Records, from 2006 to 2016, only one of the relevant cases every seven of the cases ended with a confession.The agency even acknowledged that a woman committed suicide or was murdered every hour in India, and a woman was abused by her in -laws or husbands every four minutes.

In recent years, Indian legislators have also tried to curb the extravagance of weddings to reduce the pressure on poor families.

The "Marriage (Mandatory Registration and Prevention of Wasteless Expenditure) Act" issued in 2017 proposes that families with more than 500,000 rupees (about 43,000 yuan) at the wedding must donate 10%of the total wedding costs to the poverty from poverty.Bride of the family.

The Ambani couple once responded to this policy. In the event they celebrated before marriage, they organized a collective wedding for more than 50 poverty couples.(About 8771 yuan) check.

△ The Ambani couple held a collective wedding for poor families.(Source: Xinshi Industrial Official Account)

It is worth mentioning that compared to waiting for India to improve legislation and improve law enforcement capabilities, Indian young people are trying to save themselves.

According to the "Wedding Expenditure Report 2.0" released by Indian Financial Service Platform IndiaLends, 42%of the millennials plan to raise their own wedding costs and no longer rely on their parents. The groom will also bear the expenses with the bride.

Of the groups with an annual income of about 50-1 million rupees (about RMB 43,000-87,000), 73%of them spent no more than 70,000-1 million rupees (about RMB 60,000-87,000 to 87,000 at the wedding.Yuan), that is, the wedding overhead does not exceed its annual income.

In addition, 58.8%of the millennials choose a simpler and intimate wedding, abandoning the rituals of hundreds of guests, and many people still hold a collective wedding with the help of social organizations.

Reporter 丨 Liu Muxuan

Edit 丨 Liang Li

Duty 丨 Sensen

Original title: "Indians getting weddings, focusing on showing their wealth: the richestrs spent 4.3 billion, and the rich people spend an average of more than one million"

Udabur Stock

Lucknow Investment:Industrial Revolution [English] -industric-Revolution.pptvip

Industrial Revolution [English] -industric-Revolution.pptvip

The Industrial Revolution? Student Handouts, Inc.Lucknow Investment

The First Industrial Revolution

Historial Significance of the Industrial Revolutionan Ancient Greek or Roman Woul Been Just as Comfortable in 1700 Because Life Was Not Much FFERENT -AGRICULTURE and Technologies Wee Much Changed in 2000+ Yearsthe Industrial Revolution Human Life DlanLeated In the Last250+ Years than in the Previous 2500+ Years of Known Human History

What was the Industrial Revolution? The Industrial Revolution was a funntal change in the way goods we propuced, from Human Labor to MachineSthe Morei. ENT Means of Production and Subsequent Higher Levels of Production Triggered Far-ReachINGES to Indrialized SocietytiesUdabur Stock

The Industrial Revolution Machines WERE Invented Whit Human Labornew Energy SourceS Were Developed to Power The New Machinery -Water, Steam, Electrici Ty, Oil (Gas, Kerosene) Some Historians Place Advances in Atomic, Solar, and Wind Energy at the Later Stages of theIndustrial RevolutionIncreased Use of Metals and Mineralsaluminum, Coal, Copper, Iron, ETC.

The Industrial RevolutionTransport IMPROVODSHIPSWOODEN Ships → Iron Ships → Steel Shipswind-Powered Sails → Steam-Powered ommmunication IMPROVEDTELEGRAPHTELEPHONERADIO

DevelopmentSmassmAss Production of Goodsincreased Numbers of Goodsincreased Diversity of Goods ProducedDevelopment of Factory System of Prior-To-Ur The Ban Migrationpeical Left Farms to Work in CitiesDevelopment of CapitalISMFINANCIAL CAPITAL for Continued Industrial GROWLOPMENT and Growth of New Socio-E. Conomic Classesworking Class, Bourgeoisie, and Wealthy Industrial ClassCommitmentTo Research and DevelopmentinVestments in New TechnologistR if H

Background of the Industrial RevolutionCommerCial Revolution15th, 16th, and 17th Centurifeans Expanded their Po

Lucknow Investment

Jaipur Investment:Investment in 2024: Which Economy Can Avoid Hard Landing?What Opportunities Emerging Markets Present?

Investment in 2024: Which Economy Can Avoid Hard Landing?What Opportunities Emerging Markets Present?

Photo/VCG

2023 WAS A Year Full of Challenges and Changes. Looking Back on this year, in order to cost the high inflation, the feedral reserve continue to raise, pushing the interest rate to the Highest Level in 22 Years.Federal reserve has brought negative spillaver effects to the global eConomy, and the risk of eConomic doublen has increased.

However, at the last increne meeting in 2023, The Federal Reserve Office, ATION that the Federal Reserve and Other Major Central Banks Will Start to Cut Internet Rates As Early as theFirst quars of next year.

Looking forward to 2024, Will The Previous Tight Monetary Policy FURTHER IMPACT The Global Economy? In the face of the unied Fragile RecoVile Emic EMIC ERA and Stubborn Inflation, what kind of situation will the global market development present? What kind ofOpportunities and Risks Will The Expecture of Loose Monetary Policy Bring to Risk Assets and Emerging Markets?

NATIONAL Business Daily (HereinaFTER Referred to As NBD) Interview Torsten Slok, Chief Economist of Apollo Global Management, and Aninda Mitra, Head of Asia Macro a ND Investment Strategy at New York Mellon.

Nbd: in your options, what are the main challenges faciling the global economy in 2024? What are your extens and Outlook for the Global Economy next year? Can the GL. Obal Economy Avoid A "Hard Landing"?

Torsten SLOK: Overall, The Challenge Facing the Global Economy Next Year is that the Impact of Long-Term High Interes in Developed Counter, IES, and Banks Will Gradually Emerge.

We exten the global economy to kill down next year, and developed countries will face the risk of eConomic Recession. Mains high, so inchetes will remain high for a long timeJaipur Investment. However, the asian economy will strongRemain Strong Next year and Will be Immune from the Impact of the Global Economic Recession.

Aninda Mitra: Our Basic Forecast is that by 2024, The Differentiation of the Global Economy Will Continue. Under This Macro SCENARIO (We Think the Probability is 50%) , Inflation in some Major Global Economies Will Fall.Likely to exceient a so -called "soft landing", but the Euro Zone and the uk has always began to fall, Economic Soft Landing Refers to a Smooth Fall Back to a Modrate Growth RangeAfter the economic cycle enters a downward phase, without causion large-scale default and unnedloyment.)))))

We have Recently Reduced the Probability of a "Inevitable Recession" in the Global Economy to 40%. ORMalization of Supply-Side Drivers Will Play a Greter Role in Achieving The 2% Inflation TargetThen, then

NBD: Globally, The Inflation of Many Economies’ Peaked in the Autumn of 2022. In the case of generalrally, s strong shows a download trend in 2023. In your opinion, Will the Inflation of the MainDeveloped Markets Continue to Normalize NEXT Year and Move Closer to the 2% Target of the Major Central Banks? Why? WHY?

Torsten SLOK: SINCE The Autumn of 2022, Global Overall Inflation by Steadily DeClining, Mainly Due to Interest Rate Hikes, Falling Food and Energy Prices, and E Gradual Normalization of the Supply Chain. As the Global Tightening Monetary Policy Continues to Play a RestricTiveRole, Overall Inflant Will Continue to normalize, but this requires a certain amount of time, and the "last mile" of Central Banks’ Fight Against Inflace be the most different.

Aninda Mitra: In Fact, We Doubt Wile Will Be A "Perfect Disinflation (Immaculating Disinflation)" SCENARIO NEXT Year, that is, the inflation of all major ES Quickly Drops to the 2% Target Level with Causing Any Loss to Economic Output.The Probility of This SCENARIO is only 10%.

We Believe that it will take more time for inflation to return to the 2% target level, Mainly BeCAUSE: The Growth Rate of Nominal and Real Wages is Still THE usual 2% inflation; The Labor Market in the United States and JAPAN ISStill Quite Tight, which can be seen from the job vacation Survey. This Will Cautracs in Developed Countries to be more hawkish the increasingl Y Moderate Market Expectations.

We believe that the global economy will slow down 2024, which may put inflation on a download "slide" and move closer to the major core bank. Wever, Except for the Euro Zone, We Expert that Other Economies WillNot reaching the 2% inflation target next year, unless there is any unexpected economic download.

Nbd: if the information of the main development economies controls to decline next year, accounting to the "Phillips Curve" theory, this will put upward presentite on the Ir UNEMPLOYMENT RATE, Will this make the economies face risks agin?New Delhi Investment

Torsten SLOK: Yes. Becaue the lag effect of monetary Policy will have have a neigatic impact on the eConomy, The UNEMPLOYAMENT RATE Will, SO EVEN I F inflation Continues to Fall, These Developed Economies will not overheat.

Aninda Mitra: Throughout 2024, The Risk of a "Non-Linear Trade-Off" Between Inflation and UNEMPLOYMENT Will Inded Rise. DEALING With the Lagging Effects of Policy Tightening, and the Actual Policy Interest Rate Has Turned Positive andHas Reacked a New High Since Around 2005. This Means that Although The Setting of Restrictive Monetary Policy Is Reasonable, Most Central Banks Must Be Flexible to Resp. OND, and Any Policy Adjustments in the Later Period May Eventual Exceed the Current Market Expectations (Global Monetary PolicyMay Soon Be Relaxed).

NBD: At present, The Market General Expects that the Major Central Bank by the Federal Reserve Will a Rate Cut Cycle TART To CUT Internet Rates Next Year, Making the Financial Environment Loose, what doesThis mean for the global economy?

Torsten SLOK: If the main Central Banks Start to Cut Interest Rates, this will have a positive impact on the global eConomy, Risk Assets, and dueOoping Countries.

Aninda Mitra: We Believe that the peak of the policy forst rate and monetary easing means that the dollar will show a time Eans that Long-Term Interest Rates Will Go Further Download. It is Certain that the Slowdown inDeveloped Markets and the Rise in Actual Borrowing Costs Will Affect Weak Corporate Credit.

However, Outside of Developed Countries, The Peak of USDEREST RATES and the Dollar Should Ease The Global FINANCIAL SITUATION and CREATES for A. D in Risk Assets. However, The Main Risk Associated with this is that if the page of interestCentral Banks Such as the European Central Bank is Earlier or Larger than the Market Expector, this may care the dollar to stringthen agian.

NBD: Becaue the Market has begun to excect the feedral reserve to cut intertes next year, the dollar has rencently. E -Tarts to Cut Interest Rates Next Year, what impact will the fall of the dollar haveOn Emerging Market Assets? What Opportunities and Challenges Will Emerging Markets Face Next year?

Torsten Slok: The Federal Reserve’s Interest Rate Cut Means the PEAK of the Dollar and the Positive Prospects of Emerting Markets, Because this Will Makes Import. TED Goods of Emerging Markets Cheaper and Cheaper, Trade More Balanced, and Capital Flows Will Help the Financial System of the Financial System of the Financial System of the Financial System ofEmerging Markets and Stimulating Economic Growth.

However, there are also challenges. In Addition to Geopopolical unitedRTAINTY and Inflation (For Example, Food and Energy PriceS Are Becoming More and more Expensive) , High Interest Rates Maintained by Developed Economies for A Long Time Are Also Major Risk to Emerging Markets.

Aninda Mitra: The Market Never Guarentees Anything. But overall, we are optimistic about the properning Markets in 2024. d the impact of the Federal Reserve’s Large-SCALE TIGHTENING of Monetary Policy.ASEAN FIVE, India, and Mexico) Also Benefit from the Slowdown to Stable Rotation of the Global Supply Chain, Which Has PromPty Capital Inflows AN d boostly emblanement and economic grouph.

Editor:

Hyderabad Investment

Surat Investment:The secret of Mumbai’s investment: The new perspective is the beauty of the city!

The secret of Mumbai's investment: The new perspective is the beauty of the city!

The secret of Mumbai’s investment: The new perspective is the beauty of the citySurat Investment!

Mumbai’s investment is a secret hidden in the cityPune Wealth Management. It provides people with a brand new perspective to appreciate the beauty of the city.As one of the largest cities in India, Mumbai not only has a busy business district and modern high -rise buildings, but also many green spaces that are blended with nature.These green spaces are called Mumbai investment, and they are ideal places for people to escape the hustle and bustle of urban life. The beauty invested by Mumbai stems from the perfect combination of them with urban architecture.These green forests and gardens are located in all corners of the city, such as the heart of the financial market to form its unique blood.Whether it is the pursuit of tranquility or the vibrant Binjiang area, Mumbai’s investment shows the charm of the diversification of the city. An incredible example is the deep pit wetland park.This park is located in the Pudong New District in the southeast of Mumbai, covering an area of ​​one million square meters.There are rich plants and unique wild animals here.This wetland park not only protects rare carp, reed herons and other species, but also provides opportunities for close contact with nature.Whether it is a wild bird observation or a simple walk, this park can make people feel the wonderfulness of nature. In addition to Wetland Park, Mumbai has invested in other surprising attractions, such as Zhujiajiao Ancient Town and Century Park.The ancient town of Zhujiajiao is located in the suburbs of Mumbai, attracting many tourists with its unique water village style.The ancient buildings and stone bridges here make people seem to return to time.Century Park is a tranquil oasis with large lawns, lakes, and sea of ​​flowersJinnai Wealth Management. It is an ideal place to jump out of the hustle and bustle city life. Although Mencius is a modern city, it always maintains close connection with nature.Whether it is a botanical garden or a flower bed on both sides of the street, Mumbai is showing the beauty of the city in its own unique way.Mumbai’s investment tells us that even in the busy cities, there are many treasures waiting for us to discover. Taste the beauty of Mumbai’s investment, we will find that the city has a unique and diverse charm.Whether it is the garden that pursues the meditation Contemplation or the lively and prosperity in the park, Mumbai can satisfy people’s pursuit of a better life.Mumbai’s investment is a hidden secret in this city, and it tells the story of harmony between man and nature.Whether you are in it or stay away, Mumbai’s investment deserves our time to explore and appreciate it.

Kanpur Wealth Management

Bangalore Wealth Management:Properties -setting attribute type

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Indicates the date of the report calendar.

ReportingDayofhalfyear

Representative reports of the daily order in half a year.

ReportingDayofmonth

On behalf of the report, the daily sequence number in the month.

ReportingDayofquarter

Represents a quarter of daily order in the report.

ReportingDayOFTRIMESTER

Representative reports of the three -month order in the calendar.

ReportingDayOfweek

On behalf of the report, the daily sequence number in a week.

ReportingDayofyear

Representative reports of the daily sequences of the year.

ReportinghalfyearsAhmedabad Wealth Management

Representatives for half a year in the report calendar.

Reportinghalfyearofyear

Indicates the semi -annual sequence of a year in the report.

Reportingmonths

Represents the month of the report calendar.

ReportingMonthofhalFyear

Representative reports of the monthly sequence of half a year in the calendar.

ReportingMonthofquarter

Indicates the number of monthly sequences in the journey.

ReportingMonthoftrimest

Representative reports of the monthly sequential number of three months in the calendar.

Reportingmonthofyear

It means the monthly order of the year in the journey.

Reportingquarters

Represents the season of the report.

ReportingquarterofhalFyear

Represents the sequence sequencing in the half -year calendar in the report.

Reportingquarterofyear

Indicates the quarterly sequence of the year in the calendar.

Reportingtrimesters

Donate the three months of the report calendar.

Reportingtrimesterofyear

Indicates the three -month order of the year in the report calendar.

Reportingweeks

Representative reports of the report calendar.

ReportingweekofhalFYEAR

Representative reports of the weekly sequence number in the calendar.

Reportingweekofmonth

On behalf of the report, the weekly sequence number in the month.

Reportingweekofquarter

Representatives report to the weekly sequence number.

Reportingweekoftrimest

Representative reports of the three -month sequence in the calendar.

Reportingweekofyear

Representative reports of the weekly order of the year.

Reportingyears

Represents the years of the report calendar.

Tendayofhalfayar

It means the order number of the ten days in half a year.

Tendayofmonth

Indicates the order number of the ten -day month.

Tendayofquarter

Indicates a quarter of the sequence number of ten days.

Tendayoftrimester

Indicates the number of sequences of one -third of the ten -day period.

Tendayofyear

It means the order of the ten days a year.

Tendays

Represents ten days.

Trimesters

Represents three months.

Trimeterofyear

The three -month order of the year.

UndefineDtime

Indicates an unfarished time cycle.

Weekofyear

It means one year’s weekly order.

Point out whether the date is part of winter/summer.

Guoabong Wealth Management

Simla Wealth Management:2024 Week 33 Industry Newsletter Week33 News

2024 Week 33 Industry Newsletter Week33 News

2024 Week 33 Industry SMS

Week33 News (2024.8.12-8.18)

Selis’s 1.4 billion acquisition of equity

Silis Acquires Equity for 1.4 Billion Yuan

It is learned from the tram report that recently, the Selis Group issued an announcement that the company plans to acquire a minority shareholder of the holding subsidiary Selis Automobile Co., Ltd. Chongqing Jinxin Equity Investment Fund Partnership (Limited Partnership) of Selis Automobile 19.355%equityThe transaction amount is about 1.329 billion yuan.After the transaction was completed, the company’s shareholding ratio of Selis Automobile increased from 80.645%to 100%.It is understood that Selis Group signed the "Equity Transfer Agreement" with the Jinxin Fund on August 8th, and the board of directors reviewed and approved the acquisition motion on the same day.

According to the Tram Report, Recently, Seres Group Annound ITS Intent to Acquire 19.355% Equity of Serenome Automobile Held by Chongqing Jin Equity Investment Fu ND PARTNERSHIP ENTERPRISE (Limited Partnership), A Minority Shareholder of its Holding Subsidial Serers Automobile Co., LTD., LTD., LTD.for a transaction amount of approximately 1.329 Billion Yuan. After the completion of the transaction, the company’s shareholding in Saic Motor Increased From % to 100%. It is reported that section group sign "equity transfer agreement" with Jinxin Fund on August 8th, And the Board of Directors approvd the acquisition proposal on the say day.

(Source: Tram Report)

(Source: Tram Report)

再 Henan Lifan again

Henan Lifan ONCE AGAIN FAILED to Capture Photos

It is learned from the interface news that on August 13, Ali auction showed that the second auction of Henan Lifan New Energy Electric Electric Electric Electric Electric Electric Electric Vehicle Co., Ltd. was shot again because no one bids.Compared with the first shot in July, the starting price of Henan Lifan asset package shrinks from 98.94613 million yuan to 79.158891 million yuan.According to the bidding announcement, the target of this auction is all the inventory (raw materials, transit materials, inventory products), machinery, electronic equipment, vehicles and other assets registered in Henan Lifan.

According to Interface News, on August 13th, Alibaba’s Auction Showed that the Second Auction of Henan Lifan New Energy Electric Vehicle Co. Ge FaiLED AGain Due to No Bidders. Compared with the first Auction in Jury, the Starting Priceof Henan Lifan Asset Package Has Shrunk from 98.948613 Million Yuan to 79.158891 Million Yuan. Auction is all registered inventory (Raw Materials, in Stock Turnover Materials, Inventory Goods), Machinery and Equipment, ElectronicEquipment, VEHICLES and Other Assets of Henan Lifan.

(Source: Interface News)

(Source: interface news)

8 SAIC GM plunged 82%

Saic GM Plummets 82%

It is learned from the electric Zhijia that recently, SAIC Group released the production and sales express in July 2024. In July, the group sold a total of 25,1484 vehicles, a sharp decrease of 37.16%. In the first July, a cumulative sales of 20,78,438 units fell by 15.92%.Among them, SAICTO’s performance is particularly sluggish.In July, SAIC -GM only wholesale 15,000 units, a year -on -year plummeting 82.42%; the total wholesale of 240,579 units in the first July, a decline of 55.14%, and the sales scale fell to the fourth place inside the group.

According To Electric Zhijia, Saic Group Recently Released ITS Production and Sales Report for Jury 2024, Which Showed that the Group Sold a Total OF 251484 Cars. in July, a Sharp Decrease of 37.16%; in the First Seven Months, a Total of 2078438 UnitsWERE SOLD, a decrease of 15.92%. AMONG Them, Saic GM’s Performance is PARTICularly Sluggish. In July, Saic General Motors only WHOLESALE 15000 Vehicles, a year-on-ye AR Drop of 82.42%; in the First Seven Months, a Total of240579 Vehice WERE WHOLESALE, a decrease of 55.14%, and the sales scale fell to the fourth plants within the group.

(Source: electric know home)

(Source: Electric Zhijia)

招 BYD large -scale recruitment

Byd Hires on a Large SCALE

It is learned from the electric family that BYD Zhengzhou Base recently announced that its new models of Song L DM-I have exceeded 10,000 vehicles.Promoted by a large number of orders for new models, BYD Zhengzhou Base has now launched the second round of large -scale recruitment activities in this year. All positions are directly recruiting, and the number of recruitment in a single month has reached 4,000.

According to Electric zhijia, byd’s zhengzhou base reception that the wekly sales of its new model, the song l dm-i, have exceeded 10000 units. Dr. Iven by a large number of order for new car models, byd zhengzhou base has launchd the secondRound of Large-SCALE Recruitment Activities for This Year, with all posteds directly recyited and a monthly recruitment scale of 4000 peple.

(Source: electric know home)

(Source: Electric Zhijia)

Chery intends to invest in Cambodia

Chery Intends to Invest in Cambodia

From the China -Vietnam -printed manufacturing industry observation of the CMA, it was learned that recently, Xu Hui, deputy general manager of Chery Holdings, revealed that Chery was interested in investing in Cambodia.This is another Chinese -funded auto company after BYD announced that it plans to invest in electric vehicle factories in Cambodia last month.

According to CMA, A CHINA VIETNAM India ManuoFacturing Industry Observer, Recently, XU Hui, Vice General Manager of Chery Holdings, Revealed During A Visit to Prime M Inister Hong Manai That Chery Intends to Invest in Cambodia. This is another Chinese Automotive Company’s Statement on Buildinga cambodian manuFacturing Base, Following byd’s Anncement Last Month of Plans to Invest in An Electric Vehicle Factory in Cambodia.

(Source: CMA printed by China and Vietnam)

(Source: CMA FROMAMA VIETNAM India ManuFacturing Industry Observation)

“Volkswagen wants to build" Oriental Wolf Castle "and will focus on developing pure tram models in Anhui

Volkswagen intends to build the "Oriental Wolf Fortress" and Will Concentrate on Researching and Developing Pure Electric Models in Anhui Province.

36 氪 News, Volkswagen has focused on the research and development of India’s pure tram to Volkswagen (India) Technology Co., Ltd. (hereinafter referred to as VCTC) located in Anhui.It is reported that a large number of personnel will be transferred to Anhui VCTC or mobilized to other businesses, and the Beijing R & D Center retains some hybrid project development.The three joint ventures established by Volkswagen in China: Volkswagen Anhui, SAIC Volkswagen, and FAW -Volkswagen will also undertake the production and sales of new cars developed by VCTC.

36kr News: Volkswagen has Centralized the Research and Development of Pure Electric Vehice in China to Volkswagen (China) TechNOLOGY Co. Ferred to as VCTC) Located in anhui.Transferred to VCTC in Anhui or Transferred to Other Business in this round of Adjustment, While The Beijing R & D Center Will RETAIN SOLID Project Development. The Three Joint Ventures Established by Volkswagen in China: Volkswagen Anhui, Saic Volkswagen, And Faw Volkswagen, Will SimultaneouslyUndertake the product and sales of New Cars Developed by VCTC.

Some inside personnel said that the role of VCTC is to move the public’s research and development to 7,000 kilometers eastward, and VCTC will become Oriental Wolf Fort.The VCTC, which is responsible for the heavy responsibility, is currently around 2,000, and the goal of 2024 is to recruit 3,000 people.According to the news, the public’s pure electric vehicles in China will be concentrated on the two pure electric platforms of MEB and CMP. These two platforms will be applied by VCTC and Cariad (Global Software Technology and Innovation Center of Volkswagen Group) and Xiaopeng Automobile.Developed CEA electronic electronic architecture.

Internet Personnel has been stated that the role of VCTC is to relocate volkswagen’s research and dueopopment to the easy. ENTAL WOLF FORTRESS. And VCTC, Which Undertakes The Heavy Responsibility, Currently Has A Staff Size of Around 2000 PEOPLE, with the Goal of recruiting 3000 people by 2024. It is reported that in the future, Volkswagen’s Pure Electric Vehicles in China Will be built on Two Pure Electric Latforms, MEB and CMP, Both of Which Will Use the CEA Electronic and Electrical Architecture JointlyDEVELOPED BY VCTC, Cariad (Volkswagen Group’s Global Software Technology and Innovation Center), and xiaopeng motors.

(Source: 36 氪)

(Source: 36kr)

、 Buick sells to SAIC and Chevrolet withdraw from India?Lu Xiao, the new general manager of SAIC -GM, denies

Buick Sold to Saic and Chevrolet to Exit China? Saic GM’s New General Manager Lu Xiao Denies

IT House News on August 16, Lu Xiao, the new general manager of SAIC -GM, recently accepted an interview with the Economic Observation Network to answer and respond to recent rumors and SAIC -GM planned planning.In response to the recent news that "GM sells Buick to the SAIC and Chevrolet brand withdraw from India", it said, "The guessing of the Buick and Chevrolet brand is rumors.’Development strategy, synchronize the new and old track.The three major brands of Cadillac, Buick and Chevrolet have launched more new products that meet the needs of local consumers.The main reasons for the industry’s prospects for SAICS is the decline in sales.In response to the phenomenon of dealers’ closure stores triggered by the decline in sales, Lu Xiao said that SAIC GM has adopted a series of rapid and powerful measures this year to change the production and sales association model and strengthen the support of the dealer’s business policy.Channel pressure to achieve a balance of profit.

On August 16th, It Home Reported that Lu Xiao, The Newly Appointed General of Saic General Motors, Recently Gave An Interview To Economic Observer Network TO ANSS WER and Respond to Recent Rumors and Saic General Motors’ Follow-Up Plans. In Response to RecentNews About General Motors Selling Buick to Saic and Chevrolet with CHIAWID, Lu Xiao Said, "SPECULATIONS About the Direction of Buick and Chevrolet Brand s are just rumors. In the future, Saic General Motors Will Continue to Adhere to the Development Strategy of ‘MultiBrand, Differentiation ‘And Simultaneously Focus on New and Old Tracks. MATION Strategy, BASED on more New Energy Technologies and Intelligent Connect Technology of ‘Oil, Electricity and Intelligence’,Continue to empower cadillac, build and chevrolet brands, and graduitly launch more new products that metal consumers. Industry has doubts about the propects of saic general motors is the decline in sales.Of Dealership Closures and Closures Cased by DeClining Sales, Lu Xiao Stated that Saic General Motors Taken A Series of Rapid and Effective , Changing the Production and Sales Relationship Model, Streangthening Business Policy Support for Dealerships, Aiming to Alleviate Channel Pressure andAchieve a Balance Between Quantity and Profit.

(Source: IT Home)

(Source: It Home)

BYD Li Yunfei denies the acquisition of Chrysler: false information

Byd’s Li Yunfei Denies Acquireing Chrysler: False Information

IT House News on August 16th, Li Yunfei, the general manager of BYD Group-Brand and Public Relations Division, opened a rumor on Weibo today, saying that BYD acquired Chrysler on the Internet for false information.Chrysler is one of the "three giants" car manufacturers in the United States. It is headquartered in Ouben, Michigan, and was founded in 1925 by Walter Chrysler. It is now a US subsidiary of the Dutch Automotive Corporation Stellandis.

On August 16th, It Home Reported That Li Yunfei, General Manager of Brand and Public Relations department of byd Group, Denied Rumors on Weibo Today, Stating That The Line Rumor of Byd’s Acquisition of Chrysler is False Information. Chrysler is one of the "bigThree "Automobile ManuFactures in the United States, Headquartered in Auburn Hills, MICHIGAN. It was found by Walter Chrysler in 1925 and is now a subsidary of the dutch car company Stellandis in the united states.

(Source: IT Home)

(Source: It Home)

BYD may enter the Pakistan market

Byd May Enter the Pakistani Market

Sales of the Federation of Financial, BYD plans to cooperate with a local manufacturer to build a factory in Karachi, Pakistan. There are also assembly factories from other automakers in the region, including Toyota Motors, Suzuki Motors and Kia Automobile.It is reported that the factory will be completed in the first half of 2026, and the specific details are still discussing.People familiar with the matter said that BYD will show the three models sold in Pakistan at a brand conference held on Saturday, including a SUV and a car.BYD plans to launch more models to the market, including pure electric and plug -in hybrid vehicles.

According to caixin sales, byd Plans to Collaborate with a Local ManuFacturer to Build a Factory in Karachi, where there are assembly, CTURERS Including Toyota, Suzuki, and KiaSimla Wealth Management. It is report that the faction will be completed in theFirst Half of 2026, and the Specific Details are Still Under Discussion. According to Informationd Sources, byd Will Showcase Threened to Be Sold In PAK ISTAN, Including An SUV and a Sedan, at a Brand Launch Event on Saturday Local Time. byd PlansTo Launch More Models in the Market, Including Pure Electric and Plug-in Hybrid Vehicles.

(Source: Financial Association)

(Source: caixin)

组 GM responds to reorganization rumors, and the side denies that it will withdraw from India

General Motors Responds to Rumors of Restructuring and Layoffs, Indirectly Denying That It Will Withdraw from China

Surging news, on August 14th, rumors such as the reorganization and layoffs of GM India ’s business and layoffs. General India responded that it has not changed with SAIC’ s partnerships and promises to promote the long -term development of joint ventures.We (GM) will continue to provide the best products and technologies for Indian consumers to make product planning for the future.As GM’s chief financial officer Paul Jacobson said at the investor meeting last week, "Indian business is high -quality assets for our present and future." GM said, "In order to achieve long -term development goals, our cooperation and exchanges with joint venture partners SAIC Group are closer than ever to achieve profitability and sustainable development. "

According to Pengpai News, on August 14th, in Response to Rumors City, Hina Stated that its partnership with saic group and commitment to promoting the long-term developmentWe (General Motors) Will Continue to Provideo The best products and technologies for chinese consumers and plan our products for the future. As General Motors Chief Inancial Office Paul Jacobson Said at an Investor Conference Last Week, "China’s Business is a High-QualityAsset for our present and future. "General Motors China State," In Order to Achieve Long-Term Development Goals, Our Coopration and Communication with OUR Joint Venture P Artner Saic Group Are CLOSER than Ever to Achieve Profitability and Sustainable Development

(Source: Surging News)

(Source: The Paper News)

源 Guangxi Wan’an New Energy Vehicle Project opened construction

GUANGXI WAN’AN New Ericy Vehicle Project Begins Construction

From the NE era New Energy, it was learned that recently, in the second phase of the second phase of the second phase of Yokoyuki Road, Liudong New District, Liuzhou City, Guangxi, Guangxi Wanan Automobile Chassis System Co., Ltd."Box" project officially broke the soil.

According to netes New Energy, Recently, at the Construction Site at no. 16 HENGLIU Road, CheYuan, LIUDONG New District, LIUZHOU City, Guangxi Province, Guangx I wan’an automotive chassis system Co.of "Adding 1 Million Sets of New Energy Vehicle Chassis and 1 Million Sets of Battery Shell Enclosures".

(Source: New Energy in the NE era)

(Source: Nera New Energy)

池 The factory operating rate of the two major battery manufacturers in South Korea has decreased sharply

The Factory Operating Rates of the Two Major Battery ManuFactures in South Korea Have Significantly Decreased

Indian Automotive News: According to the South Korean Central Daily, in the first half of this year, due to the stagnation of electric vehicle demand, the new orders of the vehicle manufacturer decreased, and the operating rate of the two major battery manufacturers in South Korea decreased significantly.The average factory operating rate of LG New Energy in the first half of this year was 59.4%, a decrease of 15.4 percentage points from 74.8%in the first half of last year.The average operating rate of SK on in the first half of this year was 53.0%, a sharp drop of 44.6 percentage points from 97.6%in the first half of last year.

China Automotive News: According to the Korean Central Daily News, in the First Half of This Year, Due to Stagnant DEMAND for Electric Vehicles and a decrease in Orders from Vehicle Manufactures, The Factory Operating Rates of the Two Major Battery ManuFacturers in South Koreahave significantly decreasedHyderabad Investment. The Average Factory Operating Rate of lg New Energy in the FIRT HALF of This Year Was, A Decrease of 15.4 Percentage Points FROM 74 .8% in the first hall of last year.First Half of this year was 53.0%, A Sharp Drop of 44.6 Percentage Points Compared to 97.6% in the First Half of Last Year.

(Source: Indian Automobile News)

(Source: China Automotive News)

Disclaimer: All information is carefully selected and collected every week. The copyright belongs to the original author. The viewpoints in the article are for sharing and exchanges only, and do not represent the public account position.If you involve copyright and other issues, please inform them in time to deal with it in time.Pune Stock

Disclaimer: All Information is Carefully Screened and Collected by the Network Every Week. ONLY for Sharing and Exchange, and do not reply the position of this office account. If there are anyCopyright or Other issues involved, please innolly us for timely resolution.

Agra Investment

Varanasi Wealth Management:First step!Blackstone Group forecast: India and Japan in 2024 will become the most potential market in Asia!

First step!Blackstone Group forecast: India and Japan in 2024 will become the most potential market in Asia!

News on November 6, Joe Baratta, the world’s largest asset management company Heishi Group’s private equity model investment director, said that from the perspective of asset allocation, India and Japan are expected to be the two Asian regions with the most investment next year.

Joe Baratta pointed out that India has the highest economic growth and has the most active stock market; the local Japanese economy seems to be out of the world.Varanasi Wealth Management

Data show that India’s infrastructure investment will increase to US $ 1.4 trillion from 2019 to 2025, and 21 % of this investment will be carried out through the private sector.

Joe Baratta said that Blackstone Group recently acquired the equity of two Indian chain hospitals, which marks the first to enter the Indian medical service industry.According to people familiar with the matter, Blackstone will promise to invest US $ 1 billion in Indian chain hospitals and hold more than 75% of the Hospital of Care Hospital.But in the past two years, private equity transactions in Japan have been relatively calm.Chennai Stock

At the same time, Japan has also showed strong strength, and economic growth seems to have not affected other parts of the world.Japan is one of the few of the developed economies or one of the few who insists on ultra -low interest rates.

Chennai Stock

Surat Investment:India’s Reported Plan to Ease Visas for CHINESE Technicians Reflects Need for Stronger Industry Ties with China

India's Reported Plan to Ease Visas for CHINESE Technicians Reflects Need for Stronger Industry Ties with China

India’s Reported Plan to Ease Visa Norma for CHINESESETNICIANICIANICIANICIAS SENT A POSITIVE But Message Amid Soured Bilateral Tiesister Narendra Modi ‘s Government since the two countries’ border clash.Stronger ties with China is ites beast way forward, a Chinese expert and industry insider said.Surat Investment

The Indian Government is working. Ded in non-propuction link Incentive (PLI) Scheme Sectors to Boost Production, The Indian Express ReportedOn Friday, CITING RAJESH KUMAR SINGH, Secretary of Indian’s Department for Promotion of Industry and Internet. The Final DECIS NOT BeEEN TAKEN YET AS In Dia’s Ministry of Home Affairs and Ministry of External Affairs Will Make The Final Call, The Official Said.

MANY Chinese Technicians Currently Face Difficulties in Obtaining Visas to India, as the Indian Government Has Made Polatic Motivated Attempts TO CRACK Download on Chinese Business WHILE Seeking to Decouckle from China. This has also aFFECTED Indian Companies, Which Have Been Struggling to Find Qualified Workets todo the jobs.Kolkata Investment

"India Believes that decontling from China Can Bring About the Transfer of Industries to India and Promote the Development of Local Inustoms. Facts PROV E that india’s dependency on China is Much Greater than China’s Reliance on India, "A Senior Business Insider Based In IndiaTOLD The Global Times on Sunday On Condition of Anonymity, Noting That FACTS Show that "India Will Not Be Able to Bear a decontyling from China."

Having Imported and Installed Chinese Machinery, The DOMESTIC Industry is Unable to Operationalize Plants Due to Visa Hurdles, The Indian Express Report. ICIAL DATA, The Report Said that Out of the Nearly $ 100 Billion Worth of Imports from China, Nearly 60 Percent CompriseAnd Electronic items, which also play a key root in lawing india’s export order.

India’s Plan to related. India’s ManuFacturing Industry Cannot Proceed with China’s PARTICIPATION and Support, The Insider Said.

In Recent Years, India Has Repertedly Tried to Suppress CHINESESESE in The Country with Measures Including Visa RestricTions On Citizens, Which Has Seriously Affected Commercial Activities Between The Two Countries.

A Report Publicing by the Economic Times in June Said that Indian Electronics ManuFacture Suffered $ 15 Billion in Production Losses and 100,000 Job Cuts To escalanting tensions with China. Visa Delays for Chinese Executives are hindering the reason’s expansion plans, leading to a $ 10 billion exportOpportonity Loss and $ 2 Billion in Value-ADDED LOSS.

Chinese Experts SAID that Despite India’s Polatic Motivated Attempts to Squeeeze CHINESESESSSES, EVIDENCE ShOWS that the Need for Closer Bilateral EC Onomic and Trade Ties Remains Strong Due to High Compleasonarity Across Various Industries.

The Latest Reported Move on Easing Visa Norms Sends a POSITIVE Message that Despite Fluctions, The Economic and Trade Exchanges Between NERS Remain Resilient and Strong, Qian FENG, Director of the Research Department at the National Strategy Institute at toldHua University, TOLDThe Global Times On Sunday.

In Recent Years, POLITICAL FAVERS HAVE DISRUPTED The Cooperation BetWeen China and India in Fields Such As Economic, Trade and Cultural Ex. "India CRI TICALLY NEEDS SKILLED CHINESEEERS to Help Overcom Technologial Hurdenles in ITS Development. This Underscores that Politchly DECOUPLING IS C ONTRARY TOThe objective development trend of the country, "Qian Said.

Over the year, as India Aims to Establish itset as a manugturing powerhouse, ITS Collaboration with China, TALENT to Help Fill The Gap, with China Standing Out as the Optimal Partner in the Domains, The Chinese Expert AdDededThen, then

However, More Observation is Needed Since The Visa Easing Plan Has Not Yet Been Finalized. Moreover, Other Actions from the Indian Side, Including "Refraining FROM CLAM CLAM CLAM Ping Down on Chinese Business and ENSURING A FAIR and Friendly Market Environment for them, "Must be inPlace, qian said.

Unil then, there is still a long way to go to restore the country’s image as an invertor-fricyndly destination and regain the trust of forelign Investors, particularly f Rom China, According to Experts.

Bangalore Investment

Indore Investment:The stock price fell over 42%, and the strike continued. The analysts explained in detail: Why is Boeing again?

The stock price fell over 42%, and the strike continued. The analysts explained in detail: Why is Boeing again?

FX168 Financial News (North America) News Few companies are currently as bleak as Boeing (BA).Boeing -The stock price of this aviation giant has fallen 42%this year.Its most popular aircraft Boeing 737 MAX problem does not seem to be solved.

About 33,000 members of the International Machinery Division Association have stronded for more than a month, neither of the two sides conducted much negotiations, and there was no solution in the short term.

It seems that this is not enoughIndore Investment. The company announced the third quarter earnings in advance, and it is expected to lose $ 9.9 billion.The cash flow will be $ 1 billion.

The stock has fallen 42% so far in 2024, and closing up on Friday rose nearly 5% to $ 151.02, but it was before this heavy news hit.

In the early release of the third quarter financial report, Boeing said that it is expected to lose $ 9.97 per share in this quarter, $ 17.8 billion in revenue, and operating cash flow to $ 1.3 billion.

The revenue was originally scheduled to be on October 23.

In addition to the bad income forecast, it also stated that its latest version of the 777 jet aircraft 777-9 will be delivered in 2026, one year later than expected.

Once 29 aircraft are completed, Boeing will stop producing 767 for the commercial market.However, it will continue to produce aircraft aircraft versions.

The financial report will include $ 3 billion in commercial business income and $ 2 billion in military business income.

The company plans to cut 10%of the around 170,000 employees worldwide.About 66,000 are in Seattle.

Yes, this is, but there are more reasons.

Why do Boeing do this?Part of the reason is that the strike may cause a loss of $ 1 billion in the company every month.Well, to a large extent, because the company must maintain operation in some way.

Many airlines use Boeing products, including Southwest Airlines (Luv), Alaska Airlines (ALK) and Ryaay (Ryaay).

But the 737 MAX Yu Bo continued to trouble the company.On January 5, 2024, an emergency door plug burst from Alaska Airlines from Portland, Oregon.The plug was installed correctly in the factory.

In addition, the 737 MAX crash in 2018 and 2019 also killed 346 people in Indonesia and Ethiopia.These accidents caused global aircraft for 18 months.The problem is improper software design.

Analysts will evaluate Boeing before the opening of the stock on Monday, and the results may not be optimistic.So far, no one has made any opinions on the stock.Kolkata Investment

Before the financial crisis from 2008-2009, the stock performed well. Before the 2019 new crown epidemic stifled the tourism industry, it reached $ 440.Hyderabad Wealth Management

Isn’t Boeing just a temporary stockAgra Stock?

However, if investors think that the stock of a long -standing company like Boeing looks very cost -effective, the answer is "not yet."

This week, the stock will definitely fluctuate.Investors want to see the support at the bottom.To reach the bottom, the following elements may be required:

Workers and capital get along peacefully.The company and the new CEO Kelly Altberg and the IAM union need to find a way to solve the strike without Boeing bankruptcy.At present, the two sides have not negotiated.The union rejected the two contract offers of Boeing; the latest request to increase the salary of 30%within four years.The trade union hopes to raise a salary of 40%, restore the old pension plan, and improve work conditions.

Guarantee work in Pujit Bay.Boeing transferred the production of its 787 dream aircraft to Charliston, South Carolina, in part of the reason to get rid of the union.Boeing 737 was built in London, Washington State, where the place was manufactured by World War II bomber.

Consolidate the capital status of Boeing.The company may seek new capital through loans, stock issuance or both.Wells Fargo recently predicts that the company will issue $ 10 billion in stocks.

Get in peace with regulatory agencies.Government regulatory agencies have always wanted to transform the internal structure of Boeing passenger aircraft.Boeing requires a solution to allow it to carry out business, and it is strong enough to prevent crashes and door plugs from being blown.

Hetry with all people who prosecuted Boeing in 2018 and 2019.

Boeing strike is common

Boeing and its unions are used to fighting.Since 1948, there have been seven large -scale strikes in Boeing, and workers have stopped working for 140 daysMumbai Stock Exchange. The last strike occurred in 2008 and lasted 57 days.

Boeing has been the ingredient stock of the Dow Jones Industrial Average since 1987, but since the acquisition of competitors McDonald Dodglas in 1997, its performance has not been very good.

The new management vowed to operate a company like a business company, reduce pension plans, implement layoffs, and try to push the profit to an amazing level.

But the continuous war has an unexpected impact.It allows the Airbus Company (Eadsy) to dominate the commercial aircraft market.However, the stock price was also very weak, and this year fell 4.9%, down 22.5%from a high point of 171.6 on March 27.

Jaipur Investment

New Delhi Wealth Management:Apple’s market value increased by 214.2 billion US dollars overnight; byte beating denies AI mobile phone research and development projects; Microsoft was exposed to outsourcing AI to OPENAI

Apple's market value increased by 214.2 billion US dollars overnight; byte beating denies AI mobile phone research and development projects; Microsoft was exposed to outsourcing AI to OPENAI

(Global TMT, June 12, 2024) Today’s main points: Apple’s market value increased by 214.2 billion US dollars overnight; byte beating deny AI mobile phone research and development projects; Microsoft was exposed to OPENAI for AI research and development; Ultraman and Li Zaiyu met for the first time to meet separately for the first time.; Bezos once again listened to the richest man in the world; Reading published a 1 billion ecological support fund.

Apple’s market value increased by 214.2 billion US dollars overnight

Apple (Apple) stocks closed at 7.26%on Monday, a record high, with a market value of US $ 3176.5 billion, and the market value increased by 214.2 billion US dollars overnight.Microsoft closed at 1.12%, a record high of a closing history, with a market value of US $ 3215.8 billion.Microsoft is still the largest company in the U.S. stock market value, but its second -leading Apple’s advantage is shrinking.Nvidia (NVIDIA) closed down 0.71%, with a market value of 2.97 trillion US dollars.New Delhi Wealth Management

Byte beating deny AI mobile phone research and development project

According to news, byte beating has secretly launched the AI ​​mobile phone research and development project two months ago.The core team of the project is mainly composed of two parts: one of the hammer mobile phone R & D teams from byte acquisitions in 2019, and the other part from the PICO VR R & D team acquired in 2021.Byte -beating related sources said that the information is not true, which is actually exploring mobile phone -based large model software solutions to provide reference to mobile phone manufacturers for reference.There are no plans to make mobile phones and sell themselves.

Foxconn and Nokia will produce 5G equipment in VietnamAgra Wealth Management

Nokia insiders revealed that Foxconn will produce 5G AIIRSCALE products in Northjiang Province, Vietnam.Products include the latest large -scale MIMO AirScale device for 5G infrastructure.The project will be launched in July and is expected to increase production from September.

Hon Hai will invest in EV and AI servers

Hon Hai Precision Industry proposed the policy of using the server to use the server to the pure electric vehicle (EV) and artificial intelligence (AI).Hon Hai will use the foundry model cultivated in the process of producing iPhone for Apple in the United States to seek cooperation with Japanese auto companies in the EV field.Strive to increase the profit margin of the downturn and achieve re -growth.It is expected that this year will cooperate with two traditional auto manufacturers in Japan in the field of vehicle.Hon Hai’s first passenger car "Model C" has been delivered in early 2024. The car sales in April ranked first in the Taiwan EV market.Hon Hai is scheduled to mass production in the second half of 2025, the second passenger car "Model B".

Microsoft was exposed to outsourcing AI to OPENAI

Todd McKinnon, CEO of Cyber ​​Security Company OKTA, said in an interview with CNBC that Google is trying to avoid research and development of outsourcing in order to defend his search engine domineering position.He also mentioned that Microsoft has outsourced all its advanced AI tools and software to Openai, which may be beneficial to Google.He pointed out that the Core technology behind the generation AI technology TranSFormer models all come from Google, and Microsoft’s position in the field of artificial intelligence has become a "consultant".Many products recently launched by Microsoft, such as Copilot and AI PC, have begun to integrate OpenAI technology.Microsoft has invested billions of dollars in Openai, and the total investment may be as high as $ 13 billion.

Musk revokes lawsuits against Openai and Ultraman

On June 11, local time, Tesla CEO Elon Musk withdrew the lawsuit filed by the California court in the US California court and two co -founders.Musk’s lawyer did not explain the reason for the withdrawal in the document.Earlier, OpenAI has applied to the court for withdrawal, and the hearing of this withdrawal motion was originally scheduled to be held on June 12, local time.Musk appealed that Ultraman and Openai violated a agreement reached by the AI ​​research company when the establishment of the AI ​​research company, that is, development technology to benefit humanity rather than profits.

Ultraman and Li Zaiyu met for the first time

"South Korea Times", Openai CEO Sam Ultraman recently met Li Zaiyu, president of Samsung Group, who was on a business trip in the United States. This is the first time that the two sides have met alone.The two sides discussed the cooperation of artificial intelligence chips.Ultraman is promoting the development of its own AI chip to reduce dependence on Nivine.Samsung Electronics is the largest storage semiconductor company with manufacturing capabilities.In this regard, Samsung Electronics responded: "President Li is indeed a business trip in eastern and western United States for about two weeks. Except for meeting with Verizon’s chief executives earlier this month, President Li’s specific schedule is unclear."

Samsung’s former apple executives lead the North American AI Center

People familiar with the matter revealed that Samsung Electronics is merging two North American Research Center focusing on artificial intelligence technology, and hired a former Apple executive Murat Akbacak to manage this new department.Strategy, focusing on personalization, context, dialogue and multi -mode artificial intelligence.

Nvidia last year data center GPU shipments accounted for about 98%

The latest report of the semiconductor analysis company Techinsights shows that Nvidia has achieved explosive growth in the data center GPU shipments in 2023, with a total shipments of about 3.76 million yuan, an increase of more than one million yuan compared to 2.64 million yuan in 2022.Nvidia’s market share in the data center in 2023 is equivalent to the level of 2022, about 98%.In addition, Nvidia also occupies 98%of the market share in terms of data center GPU income, with a total revenue of 36.2 billion US dollars, which is more than three times that of its 2022 income.

Canon proposes to "contribute to India’s semiconductor industry"

As one of the pillars of the country’s development strategy, Canon proposes "contributing to India’s semiconductor industry", and will also consider setting up a customer support base in the future.In India, which has continued to grow, in addition to the existing businesses such as printers and cameras, it will also respond to extensive demand.Canon looks forward to India’s market in the middle and long term that can match India.Canon also proposed the policy of being committed to the development of medical care business in India.

Bezos once again listened to the world’s richest man

Amazon founder Jeff Bezos once again became the richest man in the world.Bezos replaced the French luxury giant LVMH owner Bernard Arnault, ranking first among the top 500 global rich people.At present, Bezos’s net assets are $ 209 billion.Since the beginning of this year, as Amazon’s stock price has risen by nearly 25%, his wealth has increased by $ 32 billion.

Dell CEO again throw its own stock

The US Securities and Exchange Commission disclosed the document that Michael S. Dell, founder and CEO of Dell Technology, sold his own about 148.02 he held through six transactions from June 6 to June 10, 2024 from June 6 to June 10, 2024.Thousands of Dell Technology’s Class C general stocks have a total value of more than 198 million US dollars.Since March 6 this year, Michael Dell has been selling its own company’s stocks.As of June 11, Michael Dell has sold more than 13.549 million own shares for about $ 1.572 billion.Jaipur Wealth Management

The quarterly revenue of Oracle Cloud Computing Department increased by 42% year -on -yearAhmedabad Investment

Oracle issued a performance report in the fourth quarter of fiscal year in fiscal year.The financial report shows that the company’s revenue in the fourth quarter reached $ 14.3 billion, an increase of 3.3%year -on -year.Net profit was US $ 3.14 billion, a decline in US $ 3.32 billion in the same period last year.It is worth noting that the cloud computing department of Oracle has performed strongly in this quarter, with revenue increased by 42%year -on -year to $ 2 billion.Oracle announced the new agreement with Google, which will provide Oracle database services on Google’s Yunji infrastructure.Microsoft also cooperates with Oracle to expand the capacity of Azure AI.

Mistral AI has received new financing of 600 million euros

MISTRAL AI, an artificial intelligence startup headquarters in Paris, France, has received new financing of 600 million euros with a valuation of nearly 6 billion euros.This round of investment was led by General Catalyst, and existing investors such as LightSpeed, A16Z, French National Investment Bank and Bank of France.

Warner Bros. Explore the 10 -year Agreement of the French Open Open

TNT Sports Company, a subsidiary of Warner Bros, announced that starting from 2025, the company will become the latest American exclusive broadcaster of the French Tennis Open.This entertainment company signed a 10 -year contract with the French Tennis Federation, with an average annual cost of about $ 65 million.This will make Warner Brothers explore the largest global broadcast partner of the Grand Slam event.This year, the event attracted a total of 675,000 live audiences.

"Pokémon Collection" is about to land on Tencent Switch

Tencent Games announced that "Pokémon Collection" is about to land on Tencent Nintendo Switch.Tencent is about to start a "assembly test" participated by some national bank version of Nintendo Switch users.This test is a technical stability test and does not turn on the payment function."Pokémon Collection" is the first Pokémon series team strategy battle game jointly developed by Tencent Tianmei Studio and The Pokémon Company.

Reading publishing 1 billion ecological support funds

At the 2024 Reading Creation Conference, Hou Xiaonan, CEO and President of Reading Group, announced that reading will establish a "1 billion Ecological Support Fund". The core is to do the amplifier of IP.Increase investment and accompany the work from the serialization period to "open branches and leaves".In 2023, the average income of active writers increased by 32%, creating the maximum increase in nearly five years; the income increase in the median number of writers reached 135%, achieving rapid doubles; after 00, the number of works has set up by 10,000 works by 230%year -on -year.

Global smart watch display panel shipments in 2024 are expected to reach 359 million pieces

The global smartwatch display panel shipments have increased from 259 million pieces in 2022 to 351 million in 2023.By 2024, OMDIA predicts the shipments of the smart watch display panel will reach 359 million pieces, of which TFT LCD will account for 63%and OLED will account for 37%.LG display and Japan display as Apple watches offer high -end flexible OLED panels with LTPO backboards, and Samsung is displayed as Samsung Galaxy Watch to provide OLED.However, thanks to the design and selection of smart watch equipment brands such as Fitbit, Garmin, BBK, Honor, OPPO, Xiaomi, and Google, Indian OLED manufacturers such as Hui Optoelectronics, Tianma, Vegance, BOE, and Cindee are expanding its OLED panelShipping.In the first half of 2024, it is expected that LG displays, Hui Optoelectronics (EDO) and Tianma accounted for 53%of shipments in the first half of 2024, and Indian OLED manufacturers are expected to account for 64%.

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