PBOC RAISE RESERVE REQUIREMENT RATIO FOR FOREIGN CURRENCY DEPOSITS

Highlights –

• PBOC raise reserve requirement ratio for foreign currency deposits.
• Chinese currency renminbi (RMB) remains high against the U.S. dollar.
• RMB has likely experienced some overshooting against the U.S. dollar.
• RM...

PEOPLE’S BANK OF CHINA OUTLINED KEY POLICIES AND TASKS FOR 2021 IN BEIJING

Highlights –

• People’s Bank of China outlined key policies and tasks for 2021 in Beijing.
• PBOC will offer effective financial support in accelerating the construction of a new development paradigm.
• PBOC is said to implement prude...

ASCENT SOLAR TECHNOLOGIES (OTCMKTS:ASTI) AGAINST RAMBUS (OTCMKTS:RMBS) WHO’S GOT THE BETTER NUMBERS?

Highlights:

• Ascent Solar Technologies (OTCMKTS: ASTI) and Rambus (NASDAQ: RMBS) are small-cap petroleum / energy companies
• Rambus has a median target price of $15.00
• Ascent Solar Technologies has a beta of 1.03

Ascent Sol...

A joint venture formed between Ant Financial Services Group and Vanguard

An investment-advisory service is soon to be launched by the Ant Financial Services Group, as well as, Vanguard, which is the 5.9 trillion dollar asset manager based in the United States, for the consumers of China.

This new joint venture will be offering the retail investors' servi...