small value cryptocurrency Top stories

Research Report: In the third quarter, the installed capacity of traction inverters for electric vehicles in China accounted for 61% of the world. According to the latest research of TrendForce Jibang Consulting, the total installed capacity of traction inverters for electric vehicles in the third quarter of 2024 reached 6.87 million, which was 7% higher than that in the same period last year, but the growth rate has been reduced. In the competition pattern of first-class suppliers, BYD benefited from the hot sales of its models. In the third quarter, the installed market share of traction inverter increased by 1% to 18%, surpassing Denso of Japanese factory for the first time and becoming the company with the highest market share. The market share of Huichuan Technology has also increased to 6%, which shows that the competitiveness of China manufacturers in this field continues to increase. Generally speaking, China manufacturers, Japanese manufacturers and Tesla together account for half of the global installed capacity, while the influence of European and American manufacturers is gradually weakening. TrendForce Jibang Consulting indicated that the regional differentiation of traction inverters is becoming more and more obvious, with the installed capacity in China accounting for 61% of the global total. Under the pressure of shrinking market, Europe is actively reforming and cutting expenditure to enhance the competitiveness of the electric vehicle industry chain. In the short term, the stable demand in China market will continue to support the growth of traction inverter market. In the long run, if the European automobile industry chain can be successfully reformed, it will help boost the overall performance of the global traction inverter and electric vehicle market.Junting Hotel is equal to Shenzhen's investment in establishing a hotel management company. According to the enterprise search APP, Junxing Hotel Management (Shenzhen) Co., Ltd. was established with Zhu Xiaodong as its legal representative and a registered capital of 10 million yuan. Its business scope includes: hotel management; Conference and exhibition services; Fitness and leisure activities; Daily necessities sales; Office services; Parking service; Organize cultural and artistic exchange activities; Corporate image planning; Property management, etc. Enterprise survey shows that the company is jointly owned by Junting Hotel and Huakai Hotel Management (Shenzhen) Co., Ltd.Sources: Boeing restarted the production of 737 MAX last week. Sources said that about one month after the strike ended, Boeing restarted the production of 737 MAX aircraft last week.

At least 184 people were killed in an attack on a community in Port-au-Prince, Haiti. On December 9, the United Nations High Commissioner for Human Rights, Volcker Turk, said that Haitian gang armed forces attacked a community on the outskirts of Port-au-Prince last weekend, killing at least 184 people. Since the beginning of this year, the number of people killed in gang attacks in Port-au-Prince has reached 5,000. At present, Haitian gangs control 80% of Port-au-Prince, and violent incidents occur frequently.Musk showed that robots conquer rugged terrain without relying on visual system. Tesla released a video showing the latest progress of its humanoid robot Optimus walking on complex terrain. The video shows that Optimus can walk steadily on a hill slope covered with mulch. Tesla CEO Elon Musk said on social media that the robot can control its electric limbs through neural networks and can walk on this rugged terrain without remote control. 

Afternoon comments on Hong Kong stocks: Hang Seng Index rose by 1.00%, Hang Seng Technology Index rose by 0.79%, and Hong Kong stocks opened higher and fell back. By midday, Hang Seng Index rose by 1.00% and Hang Seng Technology Index rose by 0.79%. On the first day of listing, Mao Geping rose by 78.19%, and it rose by over 5%. Shang Tang fell more than 4%.Australian Treasury Secretary chalmers: We will hold consultations with the Shadow Minister on the composition of the new Reserve Bank of Australia. Substantial progress has been made in fighting inflation.Altman, CEO of OpenAI: The demand for the AI video production model Sora is seriously underestimated. Sam Altman, CEO of OpenAI, posted on the social media platform X that it will take some time for everyone to use the artificial intelligence (AI) video production model Sora.