Katyusha News Reference – Friday, January 3, 2021

Himalaya Moscow Katysua Sydney

1. On Jan. 4, the first day of the stock market opening in Hong Kong and the Republic of China in 2021, the stocks of China Mobile and other three major carriers plunged due to the impact of the delisting of the U.S. New York Stock Exchange. The day before, the China Securities Regulatory Commission said that “even if the company is delisted, the direct impact on the company’s development and market operation is quite limited”, which is suspected to stable market confidence.

2.  Japan’s Sankei Shimbun reported on Jan. 3 that Prime Minister Yoshihide Suga said in an exclusive interview that the Chinese Communist Party wants to participate in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), but that it would be difficult to join given the current political and economic system of the Communist Party. He said CPTPP regulations require member countries to have a very high level of market openness, “and it is difficult to participate with the current political and economic system of the Communist Party of China.” But Yoshihide Suga said he looked forward to India’s accession.

3.  The Hong Kong Secretary for Innovation and Technology, Mr. Wing-hang Sit, in an interview with a television station, revealed that the government’s “MyTravel” application will include an automatic Bluetooth scanning function. As soon as the public pass through the government’s Bluetooth transmission station, the whereabouts of the places they visit will be automatically sent to the authorities’ database. In fact, many countries have stepped up digital surveillance of their citizens in order to combat CCP pneumonia in China.

4.  The new round of CCP pneumonia epidemic in mainland China is getting more and more serious and spreading widely. In addition to the emergence of super-spreaders in Shenyang, Beijing and many other places are under a state of emergency. In Beijing, unfortunately, an 8-month-old baby girl has been diagnosed with the CCP virus, and the mother and grandmother of the child have also been diagnosed.

5.  The Hong Kong Public Opinion Programme (HKUPOP) held a press conference on December 29 to announce the findings of the popularity of CE and SAR Government, public sentiment index, year-end review and forecast. According to the report, CE Carrie Lam’s popularity continues to remain low, with 40% of the respondents giving zero marks. Meanwhile, the happiness level of Hong Kong people in 2020 has hit a 28-year low.

6.   There are indications that local Communist Party governments are transferring assets to their financing platforms to circumvent borrowing restrictions in order to keep the latter’s gearing down. Financing platforms with larger assets can raise more funds for infrastructure and other projects, but the large number of poor-quality assets increases the number of bad bank loans and debt defaults.

World News

1.President Trump said Sunday morning (Jan. 3) that he will attend the rally and march on Jan. 6. A joint session of Congress will be held on the 6th to count and certify the results of the electoral college votes in each state. Both the House and Senate have a number of Republican lawmakers who have made it clear that they will challenge the electoral votes at that time. The first to propose a challenge plan is Rep. Mo Brooks. The first member of the Senate to confirm that he will mount a challenge is Josh Hawley, and after his statement on December 30, 12 senators followed suit this weekend. President Trump’s legal team is likely to release more evidence of election fraud that day.

2.House Speaker Nancy Pelosi was re-elected as Speaker of the House on Sunday (Jan. 3). Pelosi’s final vote count was 216, with House Minority Leader Kevin McCarthy receiving 209 votes from members of his party, including five Democrats who announced they would not support Pelosi. The narrow margin of support shows that she will face a challenging term.

3.Secretary of State Mike Pompeo confirmed in a tweet Sunday (Jan. 3) that the State Department’s counterterrorism team has designated the Russian Imperial Movement and its three leaders as specially designated global terrorists. For the first time ever, the U.S. has designated foreign white supremacists as terrorists.

4.All 10 former U.S. defense secretaries currently alive issued a joint statement Sunday (Jan. 3) calling on the military to “support and defend the Constitution against all enemies, foreign and domestic.” and to respect the U.S. presidential election process. At the same time, the former defense secretaries cautioned that “the transition moment is a critical part of a successful transfer of power, which often occurs at a time of international uncertainty about U.S. national security policy and posture. At this moment, the nation is vulnerable to attacks by adversaries seeking to take advantage of the situation and act on it.”

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