Category Archives: Wealth

“The proposed New Asset Class intends to fill the gap between MFs and PMS by offering a regulated product featuring greater flexibility, higher risk-taking capability and a higher ticket size, to meet the needs of the emerging category of investors,” the Securities and Exchange Board of India (Sebi) said in a consultation paper on Wednesday (July 19).

PMS are a category of professional financial services in which a skilled portfolio manager and manager provides customised investment solutions to high net-worth individuals (HNIs) who are looking to invest in instruments such as equity, debt, gold, etc. The minimum investment limit in PMS is Rs 50 lakh.

PMS are different from MFs, where the minimum investment limit is just Rs 100, and a pool of money is managed by a professional fund manager.

What is the objective of the proposed investment product?

Sebi said that because of the gap between investment opportunities available in MFs and PMS, some investors in the segment are getting drawn towards unauthorised investment avenues. The new asset class will help in curbing the proliferation of unregistered investment products.

The current range of investment products with varying risk-reward profiles are intended to meet the investment needs of retail, high net-worth, and institutional investors, Sebi said in the paper.

These products include MF schemes, which are focused on retail investors; PMS; and alternative investment funds (AIF), a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian or foreign, to make investments in accordance with a defined investment policy for the benefit of the investors. The floor investment in AIF is Rs 1 crore.

“And so, a notable opportunity of a ‘New Asset Class’ has emerged between mutual funds and PMS in terms of flexibility in portfolio construction,” the Sebi paper said.

The absence of such a product appears to have nudged investors in this segment towards unregistered and unauthorised investment schemes/ entities that promise unrealistically high returns, exploiting the expectation of investors for better yields, and leading to potential financial risks, Sebi said.

“Therefore, a New Asset Class would provide a regulated and structured investment suited to the investors in this segment,” it said.

How will investments in the new asset class work?

The new asset class is proposed to be introduced under the MF structure, with relaxations in prudential norms necessary for such a product category to be effectiveKolkata Investment. The enhanced risks due to the relaxations may be mitigated by putting a higher limit on the minimum investment size.

The minimum investment amount for the new asset class has been proposed at Rs 10 lakh per investor within the asset management company (AMC)/ MF. An AMC is an institution which manages and oversees operations of mutual funds.

This means that an investor must invest a minimum of Rs 10 lakh, across one or more investment strategies, under the new asset class offered by an AMC/MF. “This threshold shall deter retail investors from investing in this product, while attracting investors with investible funds between Rs 10 lakh and Rs 50 lakh, who are today being drawn to unauthorized and unregistered portfolio management service providers,” the market regulator said.

Like MF schemes, the new asset class will provide investors with an option of Systematic Investment Plan (SIP), Systematic Withdrawal Plan (SWP), and Systematic Transfer Plan (STP).

Who will benefit from the new asset class and how?

Radhika Gupta, Managing Director and Chief Executive Officer of Edelweiss Mutual Fund, said the creation of a structure for differentiated, higher-risk strategies looked promising. “From the customer’s point of view, there is nothing like the convenience of the MF platform, regulated, transparent, with great features like SIPs, and now getting increasingly open for innovation,” she said.

Sandeep Jethwani, co-founder of Dezerv, a wealth management solutions provider, said higher-risk profile investors can now access regulated opportunities without the high minimum thresholds of PMS and AIF, or resorting to unregulated structures, which bodes well for the protection of wealth. However, he said that the decision on taxation — whether at the mutual fund level or under new norms — will be crucial for its adoption.

In the new category of products, an AMC can offer ‘investment strategies’ under pooled fund structure, akin to mutual funds schemesHyderabad Investment. The redemption frequency of these investment strategies can be tailored (daily/ weekly/ fortnightly/ monthly/ quarterly/ annually/ fixed maturity) based on the nature of investments to allow the investment manager to adequately manage liquidity without imposing undue constraints on investors.

Some of the investment strategies that may be permitted include:

i) Long-short Equity Fund: A fund that seeks to deliver returns by taking long and short positions in equity and equity-related instruments. For example, the fund may be bullish on the automobile sector and bearish on the IT sector, and may invest in both these sectors by going long on the automobile sector and short on the IT sector.

ii) Inverse ETF/ Fund: A fund that seeks to generate returns that are negatively correlated to the returns of the underlying index.

The new asset class will be able to take exposure in derivatives for purposes other than hedging and portfolio rebalancing, subject to compliance with relevant provisions. This will provide more flexibility and risk-taking in investments and potentially generate higher returns, SEBI said.

Nagpur Investment

Mumbai Gold Investment Family Set House Revelation: Why do more and more urban families choose this way of living?Jaipur Investment

Mumbai Gold Investment Family Set House Revelation: Why do more and more urban families choose this way of livingChennai Investment?

In modern society, the living mode is no longer limited to traditional ** residence or apartment housing.More and more urban families are choosing a new way of living, that is, Mumbai’s gold investment family suite.So why are there more and more urban families choose this way of livingAhmedabad Wealth Management?This article will unveil the advantages and attractiveness of Mumbai’s gold investment family suite.Ahmedabad Stock

First of all, Mumbai’s gold investment family suite provides a full range of living convenience.Compared with traditional ** living methods, the gold investment family suite is located in the center of the city, with excellent geographical location and convenient transportation.There are not only various shopping malls, supermarkets and other shopping venues around the surrounding area, but also catering and entertainment facilities, which meets the various needs of the daily life of the family.In addition, the gold investment home suite is usually equipped with a series of high -end facilities and services, such as swimming pools, gyms, children’s playgrounds, etc., allowing residents to enjoy a convenient and comfortable life.New Delhi Stock Exchange

Secondly, the Mumbai Gold Investment Family Suites pay attention to the establishment of social and community atmosphere.Compared with apartment -type houses, more social elements have added in the living environment in the living environment.For example, the gold investment has a shared rest area, outdoor venue, etc., which can be available for daily communication and interaction of residents.In addition, gold investment also often organizes various activities, such as fitness courses and barbecue partys to provide residents with a variety of social experiences.The establishment of this social and community atmosphere allows urban families to simply live in a living space simply, but to become a big family with a warm and friendly atmosphere.

Finally, Mumbai’s gold investment family suite has a high -quality living environment and security guarantee.Gold investment family suite is often created by professional developers, with modern design and decoration style, and provides a high -quality living experience.Compared with the traditional way of living, the gold investment family suite also pays attention to safety and guarantee.There are generally 24 -hour security personnel and closed -circuit TV monitoring systems to ensure the safety and privacy of residents’ lives.

In summary, Mumbai’s gold investment family suite has attracted more and more urban families to choose this way of living with its comprehensive convenience, the establishment of social and community atmosphere, and high -quality living environment and security guarantee.Whether for young couples or family elderly, gold -investment family suite has become an ideal place for them to pursue convenient, comfortable and social.

Pune Stock

Mumbai Old Town in the charming night: shuttles between history and modernity!Udabur Wealth Management

Mumbai Old Town in the charming night: shuttles between history and modernityNew Delhi Wealth Management!

Mumbai, this charm and vibrant international metropolis, combines Eastern and Western culture and history.However, in such a busy and modern city, there is still a place that still retains the past of Mumbai, that is, Mumbai’s old town.

When the night fell temporarily, the old city of Mumbai showed a charming side.The lights illuminate the historic buildings and streets, giving people an illusion of traveling through time.It is full of tranquility and romantic atmosphere, as if every slate road is telling a moving story.

Entering the old town of Mumbai, you will see many preserved traditional buildings and alleys.These buildings reflect the history and culture of Mumbai and become a symbol of the city.You can walk along the slate road to experience the unique charm of ancient buildings.Whether it is the Western -style building in the French concession, or an old house with Indian characteristics, every place tells the story of the past.The restaurants and cafes in these buildings are also unmissable.You can taste the authentic Mumbai cuisine and feel the lifestyle of local residents.Varanasi Wealth Management

Against the end of the night, the night market in the old town of Mumbai is particularly lively.You can see a variety of small stalls and shops, from traditional handicrafts to local specialty snacks.On the noisy street, you can feel the vibrant and unique atmosphere here.Walking between the night market and taste the local cuisine, it is intoxicating.

More than that, if you are interested in history, there are many museums and cultural sites to visit in the old city of Mumbai.For example, Yuyuan, Mumbai Museum, etc., they show you more to understand the history and culture of Mumbai by showing the story of cultural relics and advice.Surat Stock

The old city of Mumbai has a long history and is closely connected to the modern Mumbai.The neon lights at night and the high -rise building complement the street scenes of the old town, forming a unique contrast.This also makes the old city of Mumbai a paradise for photography enthusiasts, and each photo can retain the beauty of this moment.Bangalore Stock Exchange

In short, the old Mumbai old town in the charming night is a place between history and modernity.It retains the past of Mumbai, and also reflects the prosperity and development of Mumbai.When entering the old city of Mumbai, you will feel the unique charm of this city, as if you can cross time and space, and feel the collision of history and modernity.Whether it is day or night, the old city of Mumbai is worth visiting!

Surat Stock

Blog: 4 Ways to use ChatGPT Stock Chatbot for Stock Analysis of Global Stock Markets Nasdaq NYSE LSE HKEX TSE HANGHAI SHANGHAI SHANGHAINZHEN

Global stock market: NASDAQ Nasdaq, NYSE New York Stock Exchange, London Stock Change (LSE) London Stock Exchange

Hongkong stock exchaange (HKEX) Hong Kong Stock Exchange, Tokyo Stock Exchange (TS) Tokyo Stock Exchange, National Stock Exchange in India (NSE) Indian State Exchange Nifty50 Index Stocks, SHANGHAI/SHENZHEN Stock market

Common input problems

1. Quote Stocks from Global MarketKolkata Wealth Management

Q1: Stock Price of Tesla and Google (Tesla and Google’s latest stock price)

London stock exclusion (lse)

Q2: What’s the Stock Price of Shell and Unilever (Shell and Unilever’s latest stock price in London Exchange)

National stock exce

Q3: India Coal and Infosys Stock Price in Nifty 50

Hongkong stock exchange (HKEX)

Q4: Stock Price of Tencent and Meituan (the latest stock price of Tencent and Meituan)

Shanghai and shenzhen stock exchaange

Q5: The latest stock price of Guizhou Moutai and India Mobile

Try the financial Chatbot, follow the WeChat public account "Deep Language Artificial Intelligence"

2. Find Financial Data Summary of a PARTICULAR Stock

1. Google Stock Market Cap (What is the market value of Google)

2. Tesla Stock PE RATIO (What is the PE ratio of Tesla)

3. Infosys Stock of Nifty50 AVERAGE Price

Try the financial Chatbot, follow the WeChat public account "Deep Language Artificial Intelligence"

3Varanasi Stock. Compare Multiple Stocks’ Finnancial Data, E.G. Price, Market Cap, Pe Ratio, ETC.Udabur Wealth Management

Q1: Compare Google and Tesla Stock Price and Market Cap (Compared with the stock price and market value of Google and Tesla)

Q2: Compare Alibaba and Infosys Stock Price

Q3: Compare Alibaba and PDD Stock Price and Market Capitalization

Q4: Compare Tesla and Shell Pe Ratio

4. Draw Charts and Tables to Display Financial Data

Question 1: Draw a Table to Compare Nvidia and Google Stock Price and Pe Ratio

Question 2: Draw Table to Compare Tesla and Google Stock Price Market Cap and Output HTML

Question 3: Drawing compared to Alibaba and Pinduoduo’s latest stock price and market value

5. Use Chatbot to explain the financial noun Explain Financial Terms as wikipedia

1. What is call option? (What is calling?)

2. What is Sharpe Ratio (What is Sharpe than Sharpe Ratio?)

Try the financial Chatbot, follow the WeChat public account "Deep Language Artificial Intelligence"

Mumbai Stock Exchange

Little coin, university question: reveal the English expression and cultural connotation of currency

In English learning, currency expression is a practical and interesting topic.From the most basic dollar, pound, euro (EURO) to more specific coins (Coin) and Bill (Bill), mastering these words can not only improve the communication ability in daily life, but also deepen the countries of various countries.Cultural understanding.Kanpur Investment

Vocabulary expansion: The multiple forms of monetary units, such as Dollars, POUNDS, EUROS, and their abbreviations, such as $, £, €.

Pronunciation skills: Pay attention to the pronunciation of ‘OI’ in ‘coin’, and the pronunciation of ‘eu’ in ‘eur’. These are special pronunciation combinations in English.

Situation simulation: Try to use currency vocabulary in different shopping scenarios, such as when shopping in supermarkets, restaurants or online, this helps to consolidate memory.Simla Wealth Management

Suppose you are reading an article about ancient India’s ancient currency. The article mentioned the "Jiaozi), which is one of the earliest banknotes in the world and originated in the India and Song Dynasty.Through such a historical background, you can not only learn English expressions such as ‘Paper Money’ or ‘Banknote’, but also understand the important chapters in the history of currency development.

The currency units in all countries are ‘dollar’ or ’forward’.Hyderabad Stocks

Ignoring the usage habits of currency symbols in different countries, such as US use $, while Australia uses A $.

Currency is not only a trading medium, it also carries the historical, cultural and economic conditions of a country or region.For example, studying patterns and characters on banknotes in different countries, you can learn about the country’s heroes, important historical events or natural landscapes.

Vocabulary cards: Flash cards for currency vocabulary, review every day.Kolkata Investment

Reading materials: Find English articles about currencies of different countries for reading and understanding.

Role -playing: English dialogue exercises with friends or family members.

Through these methods, you can not only master the English expression of currency, but also feel the charm of different cultures in learning, making English learning richer and interesting.

Agra Wealth Management

Source: Snowball APP, Author: Master Shengjin, (

During the Mid -Autumn Festival holiday, a Global stock market came from Jiebao, the Indian stock market reached a new high, and the United States also climbed to the peak of history, and even the Hong Kong stock market became popular.However, in the face of this prosperous scene, A -share investors who are about to usher in the trading day are hard to hide anxiety.

The volume continues to be sluggish, the policy orientation is confusing, and the fund’s heavy positions have been endless.All this makes investors full of uncertainty about the future of A shares.But the charm of the stock market may be this unknown and challenging.

In the face of market fluctuations, some people choose to adhere to their faith, and some people choose to observe their changes.And I am more willing to be a patient watch.Waiting for the market to get out of the haze of decline and welcome the new dawn.After all, in the ocean of the stock market, only patience and persistence can drive to the other side of success.

List of hot spots of holiday news

①The Ministry of Industry and Information Technology issued the "First (Set) Major Technology Equipment Promotion and Application Guidance Catalog (2024 Edition)". In the electron -specific equipment directory, the "integrated circuit production equipment" includes fluoride 氩, light source 193 nanometer, and the light source 193 nanometer.The resolution is <65nm and the engraving ≤8nm.

② Pharmaceutical Summit Pharmaceutical and cooperative development of the world’s first PD-1/VEGF double-specific antibody new antibody Ivico Mipide, winning its "K medicine".SMMT rose 12 times in 4 months

③ M & A and reorganization Mumbai: Support leading enterprises based on the main business of the main business through absorption and mergers and acquisitions.

④H related Huawei "Pure Blood" Harmonyos Next may launch the official version in the fourth quarter

Remarks: The official media/network news summary of the source material of the above information source only information sharing, not making individual stock trading recommendations

① Policy measures and measures to deepen the reorganization of national reform and deepen state -owned assets to promote the development of the private economy. 2 Chairman of the CSRC Wu Qing: Further comprehensively deepen the multi -measure of the capital market reform and actively acquisition of the mergers and acquisitions.Information sharing, not making individual stock trading recommendations

Special reminder: The following content is unknown to the source, only for viewing, (source network, unknown source is for inspection only)

1: Guanwei, trailer!Ai is about to be updated, subverting all AI paintings

2: Plan the acquisition of 100%equity of CCCC Property

3: Investment in the semiconductor industry across the industry, mergers and acquisitions and reorganization of high -tech returns, and the target is also more than 10 billion -investment high -tech semiconductor industries across the industry.

4: From September 19th to 20th, the 2nd Indian Innovation and Robot Innovation Development Conference will be held in Guangzhou

5:, reorganize old demon stocks. Ziguang Zhanrui Reorganization expectations

6: The actual control is India’s Baowu Iron and Steel Group, and the company has scrap business.Regenerative resource cycle uses the new central enterprise -the Indian Resources Circulation Group is preparing to be established.It is reported that the recycling business of scrap steel resources in India may be incorporated into the newly established central enterprise.

7: The current market value is only 1.1 billion yuan, and the probability of asset injection is extremely high!On November 17, 2022, Tianli Petrochemical, the Urban Investment Council of Karamay City, withdrew the main board IPO application at a valuation of 6 billion yuan.On February 27, 2023, the controlling shareholder changed from Yanrun Investment to Karamay City Investment

8: Hangzhou Zhongxin wafer semiconductor reorganization is expected to be listed, logical context Tun Tongling Economic Development Zone reports to the municipal government and clearly clearly explicitly explicitly explicitly:Acquired the shell resources of listed companies to achieve backdoor listing, Tongling state assets acquired listed companies Tongfeng Electronics "

9: The major shareholders of the Yellow River are Henan Ruibeica Holdings, and it is the only listing platform of Ribeca Holdings

10: Incident: The meeting of the Standing Committee of the National People’s Congress approved the decision on the implementation of gradual delayed legal retirement age and released to the outside world

Remarks: The official media/network news summary of the source material of the above information source only information sharing, not making individual stock trading recommendationsHyderabad Stocks

Four.Strong stock logic combing

(6 board) "Drive: Securities Regulatory Commission: my country’s capital market mergers and acquisitions and reorganization entered the" active period "

Logic: the highest board, multi -concept superimposed

Concept: Hainan Pharmaceutical (state -owned assets)+stem cells "

Remarks: The official media/network news summary of the source material of the above information source only information sharing, not making individual stock trading recommendations

five.Announcement

1: Zhongshan Talent Innovation Entrepreneurship Ecological Park Service Co., LtdChennai Investment. acquisition of some related matters is being promoted in an orderly manner

2: Strictly abnormal stock transactions fluctuate that the information disclosed by the company in the early stage does not have the need for correction and supplementationBangalore Investment

3: The company is planning to issue A shares to specific objects

4: The short -term increase of stock prices is larger than the average level of the "pharmaceutical manufacturing industry" of the company’s net rate.

5: Integrating relevant plans still need to perform internal decision -making procedures and obtain approval of relevant competent departmentsAgra Wealth Management

6 Shenzhen Stock Exchange: This week, the "" "" "" "" "" "" "" "" this week continues to make a key monitoring (transfer)

New Delhi Investment

Dr. Sohail, One of the Top 2% Scientist in the World.

The School of Education Held Two "Future Litict Workshops" in ED601 At noon on March 5th and 7th, LED BY VISITING Research Scholar Dr. Sohail’s Ding Academic About 70 People Including xu huihuang, Vice President and Director of the Center for Sustainable DevelopmentAnd Social Innovation, and Other Members of the Futureization Committee, As Well As Teachers and Students from the School of Education and The Seeds of Exproring Inability participated. XU Huihuang Delivered A Speech at the Workshop and Expressed the Hope THROUGH Sohail’s Leadership and Application ofTools and methods, we can achieve our exten future goals.

Sohail, One of the Top 2% of Scientister in the World, DiscusSED "Futures" with Teachers During the Two-Day Workshop. s better than a crystal ball.You what the future is, and future research is you macking a crystal ball. AID: "There is no right anger. But this will it starts to put youin a mindset of future like and futurist thinking. "

In Addition to Guiding Teachers to Understand Future Research Methods, He FURTHER MENTIONED "USING The FUTURE" to Create a Vision of the Future, Elling and Making It Different.Airport. In Order DEFEAT DUBAI Airport, They Held A Workshop with Suhail and Discussed the Idea of ​​" d’l first learning center airport in 2030, and ImmediaTelly Put it into Practice. He usedThis exmple to Illustrate that futurist try to find out what the "next" is and help Change Strategies to make the vision a reality. Logy, but we still doing our best to change the future. "

In Addition to Case Sharing, The Second Workshop was Also Conducting with Causal Layered Analysis (CLA). That Futures Studies are the core of the dueopopment of Education Departments in Various Countries. He Cityd the Norwegian Ministryof Education as an Example, Which Through Cultivating Personal Achievements, Collaboration, Emergency Response and Ministry Practor, Expanding The Future OF. Ion.

When talking about the dilemma of future development, Sohail took Australia’s Roma countryside as an example to explore how humans respond when faced with threats. In addition to promoting industrial alliances and developing precision farming, Sohail can also use technology to coexist with threats. . HeSaid that the Ability to Cope with and Perform in the Future is a Powerful Factor in Becoming A Leader in the Industry. In terms of learning, Linary Thinking, Openness to Different Solutions, and Positive Thinking About the Future are the only waysTo Cultivate Future Literation, and Can Also Increase Work EFFICIENCY and LIFE SATISFACTION.Pune Wealth Management

Regarding the Future University Model, Sohail Invited Distinguished Guests and Students to Form A Workshop to Talk His Future Imagination of Tamkang. ITY, SUCH As No NO AGE LIMIT for Students, Uberlization of the Campus, and No TRADITIONAL CLASSROOMs. E-Campus. He askedThe Participants to Deeply UNDERSTAND The Concepts and Practices of Future Education Throughstorming, and GraDually Achieve: "Make Learning Something THAT akes you happy from the bottom of your heart. "

Yip Rong, a master of Operations and Management WHO PARTIPIPated in the Workshop, SAID that he has fresher focused on the content of futurismNagpur Investment. Ducation and Technological Change, and Hopes: "Starting from the Discipline of Future Studies, I Hope That That That That That That That That ThatualThere will be new technologies and new technology in the futurePune Stock. "Education Comes in the form."

Report by: lai yingxiu and Chen yun tamsui campus report

Published by: Tamkang Times (in Chinese)

Click here to read the article in Original in Chinese.

Kanpur Investment

Fees & Funding Search

Information About the Full Range of Funding Available (Including A Search Tool to Help Identify Whikolarships You May Be Eligible For LICATION Requirements) Can be found in the fees and funding section.New Delhi Investment

If you filter for your course a list will come showing the schoolhips that need a section application. Note: do not enything in the Dropdown Lists (Divisi On and subject area), Just Enter Fine Art in the Course Keywords Field and then Highlight your countesIn the Course List (It goes girl) that will active the schoolHip list below.

The Fees & Funding Search Shows Scholarships that NEED A SEED APLICATION Process. You Need to Check Carefully What Funding Options and Shout T on the Application Form, But Otherwise All Those Eligible For PARTICular Scholarships Get Automaticly ConsideRed.

More information about this:

Funding at master’s level in the Humanities is expected, so it is definitely word reSeway to see when theRe is any external function available.

The Charles Wallace India Trust Funds One MFA Student for A Start in 2025 and One for A Start in 2027. nd Holding Indian Nrationality. According to our rinking post-interview, selection of the school will be madeby the university (if there is more than one eligible offer holder). TheRe is no selection process and no Need to indicibility on the admission application form.

** Please Note that if you are an offer holder for another counse at another university the ruskin email control help you with your entrying this scis scis hoarship. You woo to contact the trust direct. **

Other Funding

Check out the ‘external funding link’

Sometimes there are Smaller College Funds that are deciden april and june, so it & rsquo; s world ASK The Fees & Funding Team for Advice on What Else You Can Apply For () and OtherwiseStart Early with Exploring Other External Funding Options.

Whilst We Encouration All Applicants to Pursue As Many Different Funding Avenues as Possible, The Ruskin is unable to offer indosition or supract to ES.

Course Costs: For Information On Funding and Costs Please Click Here

Living Costs: In Addition to your time and college fees, you will need to enter that you have adequate funds to support your life, Your Course. Your College Will Ask Offer Holders to Complete a Financial Declaration by the End of JilyThen, then

Former MFA Studers have ben funded by the Bame Scholarship (Now Integrated Into the Black Academic Futures Fund), Rhodes, CLARENDON, QEST and the Ukraine SC Holarship (2022-23), as well as many external funding bodies.

Ruskin Financial Support

Material Grant

All enrolled MFA Students get a small material grant at the beginning of the year.

Plachte Awards

Three Awards of £ 5000 Each Are Given to the Three Top Ranked MFA Offer Holders.

TestimonyAgra Stock

SINCE GRADUATING in 2021 I have exhibited a performance piece at modeln art oxform, which was an amazing exce. do something like that that. The mfa has changed my perception of what is public for me me meTo Achieve.

Former MFA Student Alexander Stavrou (Oxford Humanities Graduate Scholar)

See More here:

Jaipur Stock

◎ On Wednesday, the NYCB financial report of the New York Community Bank "Blasting Thunder" caused a sharp drop in the stock price by about 40%, causing panic."Silicon Valley Bank Crisis 2.0" is coming?Each Federal Reserve ’s former Risk Credit Director Rick Roberts and the co -founder and Group CEO Kashif Ansari of the Global Real Estate Technology Company, the Global Real Estate Technology Corporation.

◎ On the same day, Nor -Nord’s stock price of star weight loss pills span a major milestone, becoming the second European company with a market value of $ 500 billion after LV."One week" takes you into the global president and CEO Zhou Fude, who is boldly decided behind his success.

◎ Science and Technology Giant 2023Q4 Financial Report: Meta is the best; Japanese retail investors pour into the Indian stock market; more content, all in "One Week International Finance".

The New York Community Bank "Thunder", "Silicon Valley Bank 2.0" is coming?

For each Federal Reserve official

Image source: Visual India

About a year ago, the bankruptcy tide of US bank bankruptcy caused by the closure of the Silicon Valley Bank seemed to be vivid, and now the US financial market has encountered a storm.

Before the market on January 31st (Wednesday) in the United States, New York Community Banking Co., Ltd. (hereinafter referred to as NYCB )’s financial report shows that the bank’s accident lost 260 million US dollars in the fourth quarter of 2023, and the earlier profit of US $ 206 million with analysts previously expectedIn sharp contrast.

After the financial report was released, NYCB fell sharply, fell 42.6%when the opening, and once fell by more than 46%at the beginning of the market, and finally closed down 37.7%on the same day.The bank’s largest decline during the global financial crisis in 2008 was the increase in its rebound after the Silicon Valley Bank crisis last year.This makes the market feel a little worried.On Thursday (February 1), NYCB continued to fall 11.13%, and then rebounded by 5.04%slightly on Friday (February 2).On Wednesday to Friday, three trading days fell 42.15%.

What’s more noteworthy is that on the same day when the NYCB financial report destroys market confidence, the Federal Reserve Federal Public Marketing Committee (hereinafter referred to as FOMC) has decided to maintain a high level of interest rates for the fourth consecutive time, and the Federal Reserve Chairman Powell shattered the market to cut interest rates in March.expected.Not only that, FOMC’s latest policy statement quietly deleted the saying that the banking system "stable and toughness" and the tightening of credit conditions may drag the economy, which undoubtedly added a panic to the market.

Is this the "scourge" that has caused deeper problems, and is the "Silicon Valley Bank Crisis 2.0" coming soon?

Picture source: Yahoo FinanceJaipur Stock

In an interview with the "Daily Economic News" reporter, Rick Roberts pointed out that "the long -term high interest rate of the Federal Reserve will cause banks to face losses due to rising interest rates, but these losses have been allocated. The case of NYCB is unique to unique.of."

In his opinion, the profit wave of NYCB in the fourth quarter of 2013 "is mainly due to the unique one -time payment payment of the bank, rather than a broader US banking issue."

NYCB’s performance is "exploding thunder", loan losses are more than 10 times higher than analysts expected by analysts

On January 31, Eastern time, NYCB announced the fourth quarter of the 2023 financial report.The data shows that the bank loses $ 260 million, which is far from the earlier profit of an analyst at US $ 206 million, and the bank’s profit was US $ 172 million in the same period in 2022.During the reporting period, the loss per share was $ 0.36, which was a profit from profit to the loss from the same period last year.

At the same time, NYCB announced that it would reduce the dividend of 5 cents, far less than the previous analyst expected to maintain the dividend of 17 cents.Capital requirements.According to Reuters, NYCB acquired some of the assets of the closure signature bank last year. In addition, the acquisition of Flagstar Bank in 2022, NYCB’s assets reached 116.3 billion US dollars, becoming 30 US assets in the United StatesOne of the largest banks, in accordance with regulatory regulations, need to reserve more capital and losses.

The financial report shows that during the reporting period, NYCB’s loan losses were allocated to $ 552 million, which was more than 10 times higher than the US $ 45 million predicted by analysts, and far exceeded the $ 62 million in the previous quarter.Reuters reports that this shows that its credit conditions are deteriorating.

Rating agency Moody’s stated that all long -term and short -term rating and evaluations of NYCB and its subsidiaries have been included in the list of observation lists that may be reduced.Brokers have also adjusted the NYCB rating. For example, the Raymond James analyst Steve Moss lowered the NYCB rating from "strongly recommended" to "the same as the city."Jaipur Investment

The plunge of NYCB has also dragged down US regional bank stocks.On Wednesday, the KBW regional banking index and the regional banking index KBW NASDAQ Regional Banking Index (KRX) all closed about 6%, and Shuangchuang’s largest single -day decline since the closure of Silicon Valley banks in March 13, 2023.The largest single -day decline since March 13 last year.Among the ingredients, the Silicon Valley National Bank (Valley National Bancorp) fell by about 7%, and Citizens Financial Group fell more than 4%.

The capital market was also caught off guard."Daily Economic News" reporter noticed that TRDE ALERT data shows that options dealers supported by the SPDR Standard Squid Fund Trading Fund have been holding a bullish tendency to US regional banks, especially in the short term.On the day of NYCB’s plunge, because investors’ expectations will be more dim, the transaction speed of these options is four times that of usual, and such options on that day are three times that of bullish options.

Former Federal Reserve officials: will not cause a wider regional bank crisis

The Wall Street Journal reported that the performance of the New York Community Bank’s performance "exploding thunder" reminds some investors in the US banking crisis that occurred in early 2023.Both Silicon Valley Bank and the First and Bank of China closed within a few weeks, triggering the crisis of trust in regional banks in regional banks and investors.

What’s more noteworthy is that on the same day of the NYCB financial report, FOMC has maintained interest rates at a high level for the fourth consecutive time, and Fed Chairman Powell crushed the market at the subsequent press conference.The expectations of cutting interest rates have further exacerbated investors’ anxiety.Reuters reported that high interest rates aimed at inhibiting inflation have dragged down loan profits of banks in the United States and the value of securities it held.

In addition, the reporter of "Daily Economic News" noticed that the latest policy statement released by FOMC deleted the saying that the banking system "stable and toughness" and the tightening of credit conditions may drag the economy.

In an interview with the Federal Reserve ’s risk credit director Rick Roberts, in an interview with the reporter of the Daily Economic News, the long -term high interest rate of the Federal Reserve’ s high interest rates will lead to losses due to rising interest rates, but these losses have been allocated.

He further explained to reporters, "The situation of NYCB is unique. The bank’s total assets as of the end of 2023 have exceeded 100 billion US dollars.In this sense.

Talking about the stock price of NYCB in recent days, Rick Roberts said, "Because investors have confused NYCB’s substantial losses and their impact on banks in other regions, the overall market value of this sector has declined in recent days."

A bank strategist headed by Yuri Seliger also wrote in a report to customers that a series of income reports recently released by the six major banks and regional banks in the United States show that the financial situation is improving. "This indicates that the accident of NYCBIt may be a single -sex event, not a more extensive indicator. "

Another analyst said that the problem of NYCB is mainly caused by its balance sheet, and the overall bank stocks are not facing pressure as great as in March last year.

Still need to be alert to commercial real estate risks

Although NYCB’s performance losses have exceeded losses, the risks of the commercial real estate industry faced by U.S. regional banks in high interest rate environments are still not underestimated.

Bloomberg reported that the reason why NYCB recorded the largest single -day decline in more than 30 years on Wednesday was because investors were worried that NYCB might be a precursor to the collapse of American commercial real estate.

The report shows that a report from four universities such as Stanford University shows that as of the third quarter of 2023, the US banking industry held about $ 2.7 trillion in commercial real estate debt.The decline in the value of commercial real estate may increase the risk of hundreds of US banks.According to data from real estate analysis company Green Street, the value of commercial real estate in the United States has fallen by 22%since the Fed started raising interest rates.

A report released by JP Morgan in April last year showed that commercial real estate loans accounted for 28.7%of small bank assets, while the proportion of large banks was only 6.5%.This means that the risk of small banks in commercial real estate is even greater.

"Regional banks do face the actual pressure of the upcoming commercial real estate loan expiration. It needs to be reinstated and then reduced. This is because the value of the collateral is now lower.For this reason, the key issue of the loan loss is whether they are loose enough when they are included in the expected commercial real estate loan losses (book funds).

Bloomberg quoted data provider Trepp data that by the end of 2025, major US banks will face about $ 560 billion in commercial real estate loans, accounting for more than half of the total real estate debt in the same period.

As for whether commercial real estate turmoil will cause deep crisis, the global real estate company headquarters in Kuala Lumpur’s Global Real Estate Science and Technology Company Juwai IQI (JUWAI IQI) Group co -founder and Group CEO Kashif Ansari told the reporter of "Daily Economic News", "The current commercial real estateThe dilemma faced is unlikely to cause the bank crisis like 2008.Banks may still recover some funds by selling assets by large discounts.Bone. Of course, the situation of each bank is different, and some institutions may have serious problems. "

The market value exceeds 500 billion US dollars!

Behind the success of Nuo and Nord is a "gambling" decision

Photo source: Novo Nord’s official website

The star pharmaceutical company Novo Nord has once again gained market attention.

On January 31, the company established in 1923 realized a major milestone, becoming the second European company after LVMH reached $ 500 billion.As of press time, the company’s stock price was $ 11.5.79 per share, with a market value of 515.974 billion US dollars.

Leading the company to climb the new peak is its star weight loss drugs.According to the financial report released on January 31, Novo Nord’s income increased by 31%year -on -year in 2023, of which included Ozempic (for type 2 diabetes and obesity treatment) and Wegovy (for the weight management of obesity patients), including the weight management of patients with obesity).The total sales of Smegugi peptide products increased by 88.78%year -on -year.From the perspective of a single product, Wegovy’s annual revenue increased year -on -year to 407%!

From the financial report data, it can be seen that Ozempic and Wegovy is not only a fist product that changes the fate of Nuo and Nord, but also changes the industry’s game rules.And this is inseparable from the company’s global president and CEO Lars FRUERGAARD ​​JAøRGENSEN for a bold decision.

According to the Financial Times, shortly after receiving Nuo and Nord’s CEO in 2017, Zhou Fude made a decision to laid a foreshadowing for the later Danish pharmaceutical dealer.

At that time, the company has not launched Ozempic, which is far from the weighing management of obese patients.The management team was discussing whether it was necessary to conduct an expensive test to prove whether Wegovy could reduce the risk of heart disease and stroke.

The executives are full of various questions- "Why do we take such a test that we might not get nothing? If we have not found any problems in obesity, will the trial cost hundreds of millions of dollars be hit?Water drift? "

However, Zhou Fudai approved the test.In the end, his gambling was rewarded.Preliminary test data released in August 2023 shows that patients with patients using Wegovy suffer from cardiovascular events such as heart disease or stroke are 20%lower than those who use placements.

For a long time, the industry has recognized that weight loss can usually improve heart health, but no safe and effective weight loss drugs have proven to reduce specific risks.Wegovy’s success proves that obese drugs can not only lose weight, but also prevent heart disease, stroke or death related to the heart.The Associated Press said that this may change people’s views on new weight loss pills as beauty drugs and put pressure on medical insurance companies to ask them to incorporate them into the insurance scope.

This success made Novo Nord.In September last year, Nuo and Nord had silently surpassed LVMH, becoming the most valuable listed company in Europe, ending the latter’s top two and a half years.

Back to Zhou Fude himself, everything about him is low -key.In 1966, he was born on a pig farm on the Denmark Peninsula in Denmark. Foreign media described, "Here, he learned how to take responsibility since he was a child."

According to reports, Zhou Fude has a tall and thin figure and looks deeply considerate. It is very different from the CEO of the traditional image. His career began as an economist in Nuo and Nord’s healthcare and planning department.

In 1991, after completing his personal finance and business studies, Zhou Fude joined Nuo and Nord through graduate programs and worked in companies in the United States, Japan and the Netherlands.At the beginning of 2017, he was served as Novo Nord CEO, and it has been 7 years.

Foreign media said that Zhou Fude often drove an electric car to work by himself, and was contemplated on a kayak on the lake near his home.He will not claim that its products can be a pitch to solve social disadvantages like some Silicon Valley executives, but he believes that its company and industry can have "huge opportunities to affect the world."

Wegovy and OZEMPIC’s heat also made Zhou Fude selected as 2023 characters by the Financial Times.Now, there is an unlimited business opportunity in front of him -the Canadian Investment Bank BMO estimates that this (diabetes and diet pills) market can reach 130 billion to 140 billion US dollars per year during its peak.Norwegian investment management company predicts that Nuo, Nord and Lili, the main players in the market, may become members of the trillion dollars club.

But Zhou Fude also faced a huge challenge.According to the Financial Times, the company is still trying to expand the supply of Wegovy drugs. Although the potential patient group is very large, some health insurance companies are unwilling to pay.

In addition, these drugs have the risk of exacerbating health inequality.The price of Wegovy in the United States is $ 1,300 per month, but the net cost is usually about half, and Europe is lower.If the United States does not expand its insurance coverage, or the European public health system does not provide such drugs wider extensively, for many poorest people, this will be difficult for them to reach.

Google Lianlian’s tricks:

Gemini Pro supports Chinese, Bard learns to draw

After coming behind ChatGPT for almost a year, the Google chat robot Bard finally caught up in the picture generation.On February 1, local time, Google DeepMind Artificial Intelligence Laboratory said on social media that the Google Imagen2 model can be created for free.

On February 3rd, the reporter entered Bard to try. In just a few seconds, it generated a picture of two Nasdaq trading hall as required, but currently only supports English instructions.

Google also emphasizes its "reliability" in the release manuscript. Any image generated in Bard will use digital watermarks to facilitate testing whether it is generated by Google AI.

It is reported that Google is also developing the Bard upgraded version, benchmarking ChatGPT Plus, and will integrate Gemini’s strongest Ultra version.Google CEO Pichai said at a call conference call that this new version will adopt a subscription payment model.

In addition, the integrated Gemini Pro is fully rolled, adding more than 40 new languages, including Chinese, and these languages ​​all support secondary inspections.

American companies’ layoffs surge 136%!

Artificial intelligence and weak economy are impacting the labor market

According to a report released by the US Fox News Network on February 1, a report released by Challenger (Challener and Grey & Christmas) showed that American companies’ layoffs increased by 136%from the previous month in January, and the second highest data since January 2009 appeared.

The company’s vice president of the company Andy Challener said that after experiencing a peaceful fourth quarter, the wave of layoffs swept the major US companies in January.Among them, financial enterprises have the largest layoffs, with a total of 23,238 layoffs, followed by technology companies, and 15,806 people.

Fox News said that in early 2024, the pace of layoffs of American companies’ layoffs means that under the influence of continuous inflation and high interest rates, the labor market has begun to deteriorate.

Technology Giant 2023Q4 Financial Report:

Meta rushing, Amazon’s profit increased 37 times

This week, a number of American technology giants released the Q4 financial report of 2023.

On Thursday, local time, on the eve of the 20th anniversary of Facebook’s establishment, the parent company Meta surrendered the "Best Financial Report in History".The first dividend.Benefiting from strong financial report data, Meta rose over 20%a week, with a stock price of 474 US dollars, a record high.

On the same day, Amazon announced that the net sales in the fourth quarter was 169.961 billion US dollars, an increase of 14%; net profit was US $ 10.624 billion, a significant increase of 37 times compared with the net profit of the same period last year.On Friday, Amazon rose nearly 8%, with a total market value of 1.78 trillion US dollars, exceeding Google.

In addition, Apple’s interest returned to increase year -on -year in the quarter, but the revenue of Greater China decreased by 13%; after Microsoft acquired Active Blizzard, the game revenue exceeded Windows;expected.

The wind of the brain interface is rising!

NEURALINK’s number one competitor is preparing for commercialization

Photo source: Synchron’s official website

After Musk announced that humans were implanted for the first time, the number one competitor, Synchron, also moved.

According to foreign media reports, Synchron announced on Thursday (February 1) local time (February 1), and Synchron announced the acquisition of a minority equity of the German thin film component technology company ACQUANDAS. Synchron will obtain the exclusive right to use the latter medical equipment in the latter.In addition, the two senior executives of Synchron will also join the board of ACQUANDAS.

As early as August 2020, the US Food and Drug Administration (FDA) awarded its "breakthrough equipment".In 2022, the company’s $ 75 million Series C financing received excess subscriptions. Investors were Bill Gates and Amazon founder Jeff Bezos’s funds.

Synchron estimated that once the FDA’s key experiments were successful, its equipment was expected to be able to obtain business approval and officially listed in 2024.The acquisition of ACquandas’s equity may indicate that the listing time of the product is approaching, and the company is preparing for business demand.

Japanese retail investors pour into the Indian stock market

The latest data show that Japanese retail investors are pouring into the Indian stock market.

On February 2nd, according to Bloomberg’s compilation data, in January this year, the total assets of investment trust funds focusing on Indian stocks in Japan increased by 11%to 237 billion yen (about 11.5 billion yuan).Considering that India’s stock was appreciated at the price of the yen last month, the actual inflow of these Indian stock funds was about 140 billion yen. In contrast, the funds focusing on Japanese stocks had almost no net inflow within the same period.

A report issued by the Indian Ministry of Finance this week pointed out that India is expected to achieve an annual growth of 7%in the 2024 and 2025 fiscal year. It is expected that by 2027, India will become the third largest economy in the world, surpassing Japan and Japan andGermany.

S & P global rating has predicted that India will still be the fastest growing major economies in the next three years.In addition, according to a report from the United Nations, India’s population structure is also conducive to the development of the country. By 2050, India’s population is expected to increase by 17%.

Disclaimer: The content and data of this article are for reference only, and do not constitute investment suggestions.Based on this, the risk is on its own.

Reporter | Cai Dingwen Qiao Tan Yuhan

Edit | Wang Yuelong Lan Su Ying Sun Yuting Liu Qingyan Du Hengfeng

School pair | Sun Zhicheng

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