Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Ninghai Expressway: There is a difference … Tonghuashun (300033) Financial Research Center reported on July 18 that some investors asked questions to Ninghai Expressway (600377). In the 2021 annual report disclosed…
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Private automobile loss ratios surged from 55.6 year-end 2020 to 72.2 in the first three quarters of 2021, the highest level in a decade. At the same time, prices for new vehicles rose 11.8% last year, the largest rise since 1975. Higher physical damage severity added nearly six points to combined ratios of certain large…
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Here is our pick of the 3 most important Stablecoin stories during the week. CBDC’s are trying hard to stay in the game. This week we heard a lot about CBDC’s and how they could be implemented. The Bank of England (BoE), Bank of International Settlements (BIS) and IOSCO all weighed in with lots of reports. …
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Crypto has had a turbulent year from an investment standpoint. In May, the market collapsed, with extremely volatile trends and Bitcoin dropping into the teens. However, widespread retail adoption of crypto payments is already happening with big brands and SMEs joining. Gucci, Balenciaga, Alo Yoga, and Tag Heuer are some of the brands that have announced…
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Destruction of value in Fintech stocks gives us all a lesson to learn The rapid destruction of values in fintech stocks over the past year is salutary. History it seems keeps on repeating itself and nobody seems to learn anything in the process. Klarna is a particular case in point but there are plenty of…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 ESAP latest: EU drives towards transparency Among other great speakers at the recent XBRL Europe conference, Jean-Phillippe Rabine from the European Commission (EC) provided an update on progress towards the planned European Single…
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Here is our pick of the 3 most important Stablecoin news stories during the week. The world of Stablecoins goes risk off! It seems we are all learning from recent mistakes and implementing new systems with strange names like risk management, something that Terra, Three Arrows, Voyager and Celsuis should have been doing. First, Banking Circle,…
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“A lot has changed in the past three hundred years. People are no longer obsessed with the accumulation of things …the economics of the future are somewhat different. You see, money doesn’t exist in the 24th century. The acquisition of wealth is no longer the driving force in our lives. We work to better ourselves…
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Are Equity Release Rate rises really necessary? Interest rates are on the rise everywhere as inflation sweeps through Western economies to the seeming surprise of everyone from the great and good. In the UK equity release is big business largely because of the meteoric rise in property values and successive governments ridiculous refusal to address…
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