Jin10 data, October 27th: Cyrus announced on the Hong Kong Stock Exchange that it plans to globally issue 100,200,000 H shares listed in Hong Kong (subject to adjustments based on the sale volume adjustment rights and the exercise of the over-allotment option). Unless otherwise announced, the offering price will not exceed HKD 131.50 per share. The stock is expected to start trading on the Hong Kong Stock Exchange on November 5.

PANews, September 10 news, the staking infrastructure Kiln announced that it has started to exit all Ethereum validators, which is expected to take 10 to 42 days, and then withdrawals will take up to 9 more days; rewards will still be issued during the exit period, and the Dashboard, Widget, and API will be suspended to strengthen the infrastructure. According to Cyrus,

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On May 6, Dr. Cyrus de la Rubia, chief economist of Commerzbank Hamburg, commented on the Eurozone PMI: the data looks good. Service providers have expanded their activities for the third month in a row, ending the lack of dynamism observed in the second half of last year. Encouragingly, employment rise picked up pace, in line with the rise of new business and the rise of order volumes, the strongest rise in 11 months. These trends point to growing optimism among service providers, further reinforced by business expectations, which are now well above the average of the past two years. The PMI index, which measures the operating costs of the services sector, which mainly includes unit labor costs, has continued to rise rapidly over the past 12 months. Recognizing this trend, the Central Bank is likely to be cautious about the magnitude of rate cuts.

Golden Ten Data on May 6, Cyrus de la Rubia, chief economist of Hamburg Commercial Bank, commented on the German PMI: The German service industry, which was still in a sluggish state at the beginning of the year, is recovering rapidly. In an encouraging sign, not only is economic activity expanding at the fastest pace in 10 months, but there has also been a recovery in new and unfinished business and employment. The German economy has long been dragged down by the woes of the manufacturing sector, but thanks to the resilience of service providers, the German economy has returned to rise territory on its own. The HCOB composite PMI surpassed the 50 mark for the first time since June 2023, marking a positive turnaround. However, this does not mean that the German economy will go all the way. Instead, it's more like a breeze. Taking into account the HCOB PMI and other indicators, our GDP forecast shows a rise rate of just 0.1% in the second quarter.

Cyrus de la Rubia, chief economist at Commerzbank Hamburg, said there was finally good news again. The eurozone's services sector is gradually gaining a foothold, with activity stabilizing in February and showing signs of modest growth in March. In particular, growth in new business resumed after an eight-month dry period. This favourable trend is expected to continue as wages grow faster than inflation, thereby increasing the purchasing power of households. As a result, individuals are more inclined to eat out, travel, and spend money on other services. However, a full-fledged boom has yet to emerge. Despite the temporary economic weakness, service providers have not stopped hiring more employees. Job growth has been markedly strong over the past two months, indicating a high level of optimism within the sector. In fact, business expectations have soared again, rising to their highest level in more than two years and above the long-term average.

The PMI data showed that the eurozone manufacturing sector ended 2023 at a disadvantage, with manufacturing activity contracting for the 18th consecutive month in December, showing no signs of an imminent strong rebound in the eurozone economy. The final value of the manufacturing PMI rose to 44.4 in December from 44.2 in November, but it was still below the 50 threshold between prosperity and decline. The index measuring output fell to 44.4 from 44.6 in November. Cyrus de la Rubia, chief analyst at Commerzbank Hamburg, said, "PMIs barely improved compared to November amid the continued sluggish manufacturing sector in the eurozone." This paints a bleak picture for the eurozone, which entered a recession in the third quarter of last year. ”