Sino News

Unconsciously, the A-share market has been adjusting for another month. From the A-share market in the past two months, the Shanghai Composite Index broke through the volatile range at the end of April and peaked at 3174 points on May 20th, even giving investors hope of breaking through 3200 points at one point. However, from May 20th to present (until 20240620, the same below), the Shanghai Composite Index has once again entered a downward range, during which all industries in the Shenwanwan level, except for power and public utilities, as well as electronics, including chips, have fallen across the board. Since the beginning of the year, excluding the stock market crash caused by the liquidity crisis of small and medium-sized A-share stocks before the Spring Festival, this round of A-share decline has been particularly long. At the same time, the Shanghai Composite Index has once again experienced a rare "four consecutive negative" weekly candlestick, and the Shanghai Compo...

Spy photos of Xiaomi's second product have been exposed. As speculated in the industry, the second car is an SUV model, but it does not belong to the conventional SUV type. Based on the model outline, it is a performance SUV product closer to the Ferrari Purosangue. The spy photos reveal little information, but what can be distinguished are borderless rearview mirrors, Hesai LiDAR, yellow brake calipers, etc. The internal code of this car is MX11, while the internal code of the previous Xiaomi SU7 was MS11. Both cars are products developed at the same time. The car manufacturing platforms are also based on the Modena platform architecture. Around July last year, the design work of the MX11 was basically completed, so we can see the C-sample test car of the MX11 in the short period of six months after the release of the Xiaomi SU7. The market rhythm of this car is likely to be unveiled at the end of this year and launched in the first half of next year. If we follow the complete rhy...

According to data from the research firm Absolute Strategy Research, in April, the global housing price index generally rose, with US housing prices rising 6.5% year-on-year, Australian housing prices rising 5%, and Portuguese housing prices soaring. In other countries, despite years of high interest rates, the market performance has surprisingly strong. Overall, the real estate markets in the United States, Australia, and some parts of Europe seem to have shaken off the impact of rising interest rates. The Oxford Economic Research Institute found in a recent report that the real estate market of developed economies seemed to have relatively safely avoided the last foam deflation. The prices in all major housing markets are higher than before the pandemic. Kashif Ansari, co-founder and CEO of Juwai IQI Group, a global real estate technology company headquartered in Kuala Lumpur, told First Financial reporters that in April, US housing prices rose 6.5% year-on-year. Despite high interes...

On June 20 local time, Gilead Scientific, an American biopharmaceutical company, announced on its official website that its "Lenacapavir" (Lenacapavir) has shown 100% effectiveness in HIV prevention. The latest released results are a phase 3 double-blind randomized trial called "PURPOSE 1" aimed at evaluating the safety and efficacy of Lenacapavir and Descovy on over 5300 16-25 year old women at 25 sites in South Africa and 3 sites in Uganda. More than 5300 participants were randomly assigned to receive Lenacaavir, Descovy, and Truvada for pre exposure prevention of HIV (PrEP) in a ratio of 2:2:1. It is understood that Descovy and Truvada are oral medications taken once a day. Lenacapavir is a shell inhibitor, administered every six months through subcutaneous injection. The results showed that out of 2134 women in the Lenacapavir group, there were 0 cases of HIV infection. This prompted the Independent Data Monitoring Committee to recommend Gilead to unblind the Ph...

"In one's lifetime, one should read two major books: reading 'books with words', learning and inheriting the knowledge and wisdom of humanity; reading' books without words', 'learning from society, learning from reality, and learning from the masses', enriching one's understanding of the world through empirical and practical experience." At the 2024 graduate graduation ceremony of Fudan University held today, Fudan University President Jin Li sent a message to graduates that innovative practice cannot stop at the moment of graduation, but should continuously expand the boundaries of knowledge and understanding, and strive to shape a unique life experience and innovative life. Jin Li said that writing a "book without words" with innovation and walking the path of life well have three levels of realm: bravely exploring the "realm without words" under one's feet, skillfully solving the "problem without words" with...

The Central Military Commission Political Work Conference was held in Yan'an, Shaanxi from the 17th to the 19th. Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission, attended the meeting and delivered an important speech. Xi Jinping stressed that it is necessary to uphold the party's absolute leadership over the military, implement the strategy of building the military politically in the new era, firmly grasp the requirements of the era of building the military politically, focus on fighting the tough battle to achieve the goal of building the army for the 100th anniversary, carry forward the spirit of thorough self-revolution, continue to deepen political training, forge a strong party organization with firm political convictions and strong capabilities, and forge a high-quality cadre team that is loyal, clean, responsible, and capable of strengthening the military, so as to provide a strong politi...

On the evening of June 16th, due to consecutive days of heavy rainfall, a landslide occurred in Qingyuan Mountain, Shanghang County, Fujian Province, and a building collapsed. The video shows many rescue team members and villagers standing on slopes and collapsed eaves to search and rescue. On the afternoon of the 18th, a villager from Taiba Village in the local area told Red Star News that six people have been buried and lost, and the collapsed one is a local temple with a history of hundreds of years. At the time of the incident, six people entered the temple to take shelter from the rain. According to local media reports, Qingyuan Mountain is located to the north of Taiba Village in Taiba Town. Qingyuan Ancient Temple was built during the Kangxi period of the Qing Dynasty (1668). In 2004, the road from Taiba to Qingyuan Temple was opened, and measures such as temple reconstruction were taken. Another villager explained that the temple collapsed on the evening of the 16th, and the tr...