9/23 Financial News:CCP’s political persecution Ren Zhiqiang was sentenced to 18 years’ imprisonment

1,The Dow Jones Industrial Average .DJI rose 0.52%, the S&P 500 gained 1.05% and the Nasdaq Composite added 1.71%.Amazon.com Inc jumped 5.7%, Microsoft Corp, Apple Inc, Alphabet Inc and Facebook Inc all rose more than 1.6%.Tesla Inc fell 5.6% and Oracle Corp slipped 0.3%. Seven of the 11 major S&P 500 sector indexes closed higher, led by information technology and consumer discretionary.

2,Dollar rises after Fed’s Evans comments on quantitative easing. Dollar rises on hawkish tone from Fed official. The greenback was last up 0.47% at 94.027 versus a basket of currencies. It hit a high of 94.086, its strongest level since late July.

3,President Donald Trump agreed over the weekend to keep the TikTok app running in the United States for another week. CCP and the U.S. still argue for control of shares and algorithms. TikTok’s promise of 25,000 new U.S. jobs, but the lofty hiring target will be tough to justify, experts said.

4,Intel Corp has received licences from U.S. authorities to continue supplying certain products to Huawei Technologies, an Intel spokesman said on Tuesday. Last week China’s Semiconductor Manufacturing International Corporation (SMIC) confirmed it had also sought permission to continue servicing Huawei, but the US government has not yet responded to SMIC’s application.

5,Ren Zhiqiang, former chairman of Beijing Huayuan Group, was sentenced to 18 years’ imprisonment and a fine of $620,000 by the CCP Court. The purpose of this severe punishment is to suppress dissent, and the critic says this is another case of the CCP’s political persecution on economic charges.

6,Shenzhen’s “715 New Deal” property market regulation and control was upgraded, Shenzhen plans to establish a price guidance mechanism for second-hand housing, and the transaction volume continues to fall.

7,Ka-shing Li’s Hutchison Whampoa Ltd. was investigated by the Chengdu government for property hoarding

8,Microsoft Corp. said Monday it plans to acquire ZeniMax Media Inc., owner of the storied video-game publisher Bethesda Softworks, for $7.5 billion in cash, marking its biggest video game purchase ever.

By 【G-Translators – Financial and Law Team】

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armor
2 months ago

CCP Virus ,CCP Lied,The world people died.Take down the CCP !
 
The New Federal State of China ! Everything has begun !
 
Action ! Action ! Action !
 
Lah Lah Lah Lah Lah !

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