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GD Culture Group

GD Culture Group Ltd focuses its business on three segments mainly through the Company and two subsidiaries. 1) AI-driven digital human creation and customization; 2) Live streaming and e-commerce and 3) Live streaming interactive game. The company has relentlessly been focusing on serving its customers and creating value for them through the continual innovation and optimization of its products and services. For the AI-driven digital human creation and customization sector, the Company uses AI algorithms and software to generate realistic 3D or 2D digital human models. AI algorithms and machine learning models are used to simulate human characteristics, such as facial expressions, body movements, and even speech patterns.

GD Culture Group Ltd

DHT Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHT#NYSE">DHT</a>) ("DHT" or the "Company") today&nbsp;announced that the Company has purchased 1,481,383 of its own shares in the open market, equivalent to 0.9% of its outstanding shares, at an average price of $8.8899. The shares were purchased during December 2024 and have been retired upon receipt.

News

Buybacks

DHT Holdings Buys Back Nearly 1.5M Shares in December 2024

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the &#8220;Fear&#8221; zone on Friday.
U.S. stocks settled higher on Friday, with the S&amp;P 500 and Nasdaq Composite snapping a five-day losing streak. Tech stocks were among the top performers, with shares of Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) gaining around 4.5% during the session.
On the economic data front, the ISM manufacturing PMI increased by 0.9 points to a reading of 49.3 in December, topping market estimates of 48.4.
All sectors on the S&amp;P 500 closed on a positive note, with consumer discretionary, information technology, and real estate stocks recording the biggest gains on Friday.
The Dow Jones closed higher by around 340 points to 42,732.13 on Friday. The S&amp;P 500 gained 1.26% to 5,942.47, while the Nasdaq Composite climbed 1.77% at 19,621.68 during Friday's session.
Investors are awaiting earnings results from Commercial Metals Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) &nbsp;today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 31.7, the index remained in the &#8220;Fear&#8221; zone on Friday, versus a prior reading of 26.7.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/42791037/delta-air-lines-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">Delta Air Lines Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a></li>
</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

Markets

Trading Ideas

NVDA

S&P 500 Snaps Five-Day Losing Streak, Nvidia Surges: Investor Fear Eases, Greed Index Remains In 'Fear' Zone

With U.S. stock futures trading mixed this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Commercial Metals Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) to report quarterly earnings at 81 cents per share on revenue of $1.87 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Commercial Metals shares gained 0.8% to $49.29 in after-hours trading.</li>
<li>FutureFuel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FF#NYSE">FF</a>) announced it received excise tax registration approval from the IRS. FutureFuel shares gained 5.1% to $5.52 in the after-hours trading session.</li>
<li>Creative Realities, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREX#NASDAQ">CREX</a>) disclosed that Will Logan has resigned as Chief Financial Officer, effective Jan. 31. Creative Realities shares gained 7.2% to close at $2.68 on Friday.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) named Dana Deasy as the new chief information digital officer and senior vice president of Information Technology &amp; Data Analytics. Boeing shares gained 0.1% to $170.14 in the after-hours trading session.</li>
<li>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) announced plans to allocate approximately $80 billion in fiscal 2025 towards the development of data centers aimed at training artificial intelligence (AI) models and deploying AI and cloud-based applications. Microsoft shares gained 0.3% to $424.60 in the after-hours trading session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/01/42791037/delta-air-lines-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">Delta Air Lines Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

CREX

MSFT

Commercial Metals, Boeing And 3 Stocks To Watch Heading Into Monday

Samsung Electronics Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) is gearing up for CES 2025 with major announcements and futuristic tech.
Here&#8217;s everything we know so far.
How to Watch
The global electronics giant will host its press conference on Monday, Jan. 6, at 5:00 PM ET. The conference will stream online.
AI For All: Everyday, Everywhere
Samsung's theme for this year's CES presentation is &#8220;AI for All: Everyday, Everywhere.&#8221; The company plans to showcase how artificial intelligence will improve daily life.
This builds on last year's theme, indicating Samsung's continued focus on AI-driven innovation.
Early announcements from Samsung's newsroom highlight AI-enhanced refrigerators, appliances with built-in screens, and more. Expect features like advanced personalization and smarter home integration.
See Also: <a href="https://www.benzinga.com/25/01/42780776/is-apple-ready-for-a-new-challenge-chinas-smartphone-subsidies-aim-to-boost-domestic-demand-giving-companies-like-huawei-the-upper-hand?itm_source=parsely-api">Apple Rival Huawei, Alibaba, And Others Get Boost As China Doles Out Subsidies To Smartphone Buyers</a>
However, Samsung's CES 2025 showcase won't just be about AI. The company is expected to offer a glimpse of its cutting-edge technologies:
<ul>
<li>Transparent MicroLED Screens: While not yet available in stores, these futuristic displays could steal the spotlight.</li>
<li>Eclipsa 3D Audio: Samsung is partnering with Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOF#NASDAQ">GOOF</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google to launch this new technology. It aims to rival Dolby Atmos and DTS.</li>
<li>27-inch QD-OLED Gaming Monitor: Gamers can look forward to enhanced visuals and performance with this new display.</li>
</ul>
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Will Ballie Finally Arrive
The Ballie robot could make a comeback at CES 2025. This two-time CES veteran has captured imaginations with its potential for home automation and companionship. Many are hoping for a release date or significant advancements in its autonomy, aligning with Samsung's AI theme.
While Samsung will reportedly not reveal the Galaxy S25 smartphone line at CES, the company is expected to hold a separate event later in January.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42780273/samsungs-60-fitbit-killer-galaxy-fit-3-and-200-budget-smartphone-galaxy-a16-5g-are-now-available-in-the-us-what-you-need-to-know?itm_source=parsely-api">Samsung Challenges Google With $60 Fitbit Killer, Also Brings $200 Budget Smartphone To The US: What You Need To Know</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Tech

GOOF

GOOGL

SSNLF

Samsung CES 2025 Press Conference: From Cutting-Edge AI To Transparent Screens, Here's What To Expect

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) supplier Foxconn, also known as Hon Hai Technology, posted record revenue in the fourth quarter driven by higher cloud and networking products revenue and strong demand from AI servers.
What Happened: According to the company&#8217;s unaudited monthly revenue report for December, Foxconn&#8217;s fourth-quarter revenue rose 15.17% annually and 15.03% sequentially to a record high of NT$2,132.3 billion or $64.83 billion.
&#8220;Cloud and networking products, computing products, and components and other products showed strong year-on-year growth, while smart consumer electronics remained flattish,&#8221; according to the company.
The cumulative revenue for the full year rose by 11.37% year-on-year to NT$6,859.9 billion or $208.59 billion. Whereas, December&#8217;s monthly revenue rose by 42.31% year-on-year to NT$654.8 billion or $19.9 billion.
Although it was down 2.64% on a monthly basis, as compared to November.
See Also: <a href="https://www.benzinga.com/news/24/03/37848556/nvidias-new-superchip-delivers-8-470-times-the-computing-performance-of-supercomputer-that-jensen-hu">Nvidia's New Superchip Delivers 8,470 Times The Computing Performance Of Supercomputer That Jensen Huang Donated To OpenAI</a>
Why It Matters: Foxconn, renowned for manufacturing Apple products, is capitalizing on the burgeoning artificial intelligence market. The company has entered the server production sector, supplying crucial GB200 chips to Nvidia. To further solidify its position, Foxconn is establishing the world&#8217;s largest manufacturing <a href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand">facility</a> for these AI servers in Mexico.
This strategic move aligns with Foxconn&#8217;s vision to leverage the growing AI market. During the company&#8217;s annual tech day in Taipei in October, Chairman Young Liu emphasized Foxconn&#8217;s cutting-edge liquid cooling and heat dissipation technologies, essential for supporting the demanding infrastructure of GB200 servers.
The significance of the company&#8217;s partnership with Nvidia was further highlighted by Benjamin Ting, Foxconn&#8217;s senior vice president for cloud enterprise solutions. At the same event, Ting confirmed the construction of the largest GB200 production facility globally, although he declined to specify the location.
He and Nvidia&#8217;s vice president for AI and robotics, Deepu Talla, jointly emphasized the strong market demand for Nvidia&#8217;s Blackwell platform.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41221276/apple-supplier-foxconn-to-build-worlds-largest-nvidia-superchip-factory-amid-soaring-ai-demand">Apple Supplier Foxconn To Build World&#8217;s Largest Nvidia Superchip Factory Amid Soaring AI Demand</a></li>
</ul>
Photo courtesy: Flickr

Equities

AAPL

Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership

Goldman Sachs analyst Kash Rangan initiates coverage on ServiceTitan (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTAN#NASDAQ">TTAN</a>) with a Neutral rating and announces Price Target of $100.

Price Target

Initiation

Analyst Ratings

TTAN

Goldman Sachs Initiates Coverage On ServiceTitan with Neutral Rating, Announces Price Target of $100

Macro Economic Events

Econ #s

Economics

U.K. Services Purchasing Managers Index For December 51.1 Vs. 51.4 Est.; 50.8 Prior

U.K. Composite Purchasing Managers' Index For December 50.4 Vs. 50.5 Est.; 50.5 Prior

Today, Amgen announced that the UK's Medicines and Healthcare products Regulatory Agency (MHRA) has granted a conditional marketing authorisation to IMDYLLTRA&#xAE; for the treatment of adult patients with extensive-stage small cell lung cancer (ES-SCLC) with disease progression on or after at least two prior lines of therapy, including platinum-based chemotherapy.1
Small cell lung cancer (SCLC) is an aggressive lung cancer subtype that accounts for approximately 15% of lung cancers.3 ES-SCLC is characterised by rapid tumour growth and metastatic spread.5 Patients with SCLC are often diagnosed after the cancer has reached an advanced stage because symptoms do not typically appear early in the disease.6
"The MHRA's granting of a conditional marketing authorisation for tarlatamab is a significant step forward for people living with small cell lung cancer. More than 34,000 people die from lung cancer in the UK each year.2 There is a vital need for novel treatments, particularly for the extensive stage of small cell lung cancer, where outcomes are especially poor," said Tony Patrikios, Executive Medical Director, Amgen UK &amp; Ireland. "This licence brings us one step closer to offering a new treatment option to eligible patients."
The conditional marketing authorisation is based on results from the Phase 2 open label, multicentre study DeLLphi-301, which evaluated tarlatamab in patients with ES-SCLC who had failed two or more prior lines of treatment.4 Results from the study found that tarlatamab at the 10 mg every two weeks (Q2W) dose (N=99) demonstrated an objective response rate (ORR) of 41% (95% Confidence Interval [CI]: 32 to 52) and a median duration of response (DoR) of 9.7 months (range: 5.9, not estimable [NE]).1

Government

Regulations

AMGN

Amgen's IMDYLLTRA Approved in UK for Advanced Small Cell Lung Cancer Treatment

AerCap Holdings N.V. ("AerCap") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AER#NYSE">AER</a>) has announced its major business transactions during the full year and fourth quarter 2024:
Full Year 2024 Transactions
<ul>
<li>Signed 496 lease agreements, completed 150 purchases and 166 sale transactions.</li>
<li>Signed financing transactions for approximately $17.5 billion.</li>
<li>Repurchased approximately 16.8 million shares, at an average price of $87.80 per share, for a total of approximately $1.5 billion.</li>
</ul>
Fourth Quarter 2024 Transactions
<ul>
<li>Signed 92 lease agreements, including 14 widebody aircraft, 14 narrowbody aircraft, 33 engines and 31 helicopters.</li>
<li>Completed 41 purchases for 27 aircraft (including 4 Airbus A220 Family aircraft, 12 Airbus A320neo Family aircraft, 3 Airbus A330neos, 1 Boeing 737 MAX aircraft, 1 Boeing 787-9 and 6 Embraer E195-E2s for AerCap's owned aircraft portfolio), 10 engines for AerCap's owned engine portfolio and 4 helicopters.</li>
<li>Completed 55 sale transactions for 26 aircraft (including 7 Airbus A320 Family aircraft, 3 Airbus A320neo Family aircraft, 1 Airbus A330, 4 Boeing 737NGs, 1 Boeing 737-800BCF, 1 Boeing 777-300ER and 3 Embraer E190s from AerCap's owned aircraft portfolio and 6 aircraft from AerCap's managed aircraft portfolio), 25 engines (including 16 engines from AerCap's owned engine portfolio and 9 engines from AerCap's managed engine portfolio) and 4 helicopters.</li>
<li>Signed financing transactions for approximately $1.8 billion.</li>
<li>Repurchased approximately 3.1 million shares, at an average price of $94.74 per share, for a total of approximately $297 million.</li>
<li>Paid quarterly cash dividend on ordinary shares of $0.25 per share.</li>
</ul>

AerCap Reports $17.5B in Financing and 496 Lease Deals in 2024, Buys Back $1.5B in Shares

Morgan Stanley analyst Sanjit Singh assumes Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) with a Underweight rating and announces Price Target of $60.

PLTR

Morgan Stanley Assumes Palantir Technologies at Underweight, Announces Price Target of $60

Portage Biotech, Inc. ("Portage" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTG#NASDAQ">PRTG</a>), a clinical-stage immuno-oncology company with a portfolio of innovative therapeutics, today announced the re-launch of its wholly-owned subsidiary as an independently managed company focused on developing best-in-class adenosine receptor antagonists. Peter Molloy has been appointed Chief Executive Officer of the subsidiary, to be named Cyncado TherapeuticsTM, Inc.
As CEO, Mr. Molloy will lead efforts to secure external financing directly into Cyncado and to advance the clinical development of its portfolio of A2a and A2b receptor antagonists. These therapeutics are distinguished by their potency, selectivity, and optimized binding characteristics, designed to enable robust and sustained inhibition of immune suppression signals in the tumor microenvironment. Developed for dual administration to maximize synergy and achieve a more comprehensive blockade of immune evasion pathways, these therapeutics aim to enhance the immune system's ability to mount a robust anti-tumor response. This approach has the potential to transform immuno-oncology and deliver innovative, well tolerated treatment options for patients.

Management

PRTG

Portage Biotech Spins Off Subsidiary Cyncado Therapeutics to Focus on Cutting-Edge Cancer Treatments, Peter Molloy to Lead Cyncado Therapeutics in Advancing Next-Gen Cancer Treatments

BMO Capital analyst Rufus Hone initiates coverage on Toast (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) with a Outperform rating and announces Price Target of $45.

TOST

BMO Capital Initiates Coverage On Toast with Outperform Rating, Announces Price Target of $45

Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google TV users are reportedly encountering issues with purchasing certain movies, including Walt Disney Co.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) classics.
What Happened: Last year, Google announced that TV episodes and seasons could <a href="https://www.benzinga.com/news/23/12/36189690/google-shutting-down-play-movies-tv-here-is-what-users-can-expect">no longer be purchased</a> on Google TV devices, Android TV devices, and the Google TV Mobile app.
Users were directed to use the YouTube app for such purchases, with no synchronization between the two services. At that time, Google assured users that movie purchases would remain unaffected.
However, the latest observations indicate that some movies on Google TV no longer offer purchase options, <a href="https://9to5google.com/2025/01/05/google-tv-buy-movies/">reported</a> 9To5Google.
See Also: <a href="https://www.benzinga.com/tech/25/01/42758112/jeff-bezos-booby-trapped-his-childhood-home-to-keep-out-pesky-siblings-but-later-convinced-them-to-invest-10000-each-in-amazon-how-did-it-turn-out-for-them?itm_source=parsely-api">Jeff Bezos Booby-Trapped His Childhood Home To Keep Out Pesky Siblings—But Later Convinced Them to Invest $10,000 Each In Amazon: How Did It Turn Out For Them?</a>
Instead, users are directed to streaming services, with the &#8220;watch now&#8221; button replacing purchase options. This issue is particularly noticeable with older Disney movies, such as &#8220;Star Wars&#8221; and &#8220;Toy Story,&#8221; which are only available through Disney+.
While newer titles like &#8220;Inside Out 2&#8221; still show purchase options, the problem extends to films from other studios, where streaming services like Max are the only access points.
Despite this, the majority of movies on Google TV continue to offer both purchase and streaming options, suggesting a potential catalog or directory bug rather than a deliberate removal of purchase capabilities, the report noted.
Google did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga's</a> request for comments.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: This comes just days after <a href="https://www.benzinga.com/tech/24/12/42635813/google-announces-major-layoffs-as-pichai-stresses-efficiency">Google&#8217;s organizational changes</a>. In December, CEO Sundar Pichai announced a 10% reduction in top management roles, underscoring the need to adapt to the rapidly changing tech landscape.
Alphabet&#8217;s <a href="https://www.benzinga.com/news/earnings/24/10/41611263/alphabet-q3-earnings-highlights-revenue-beat-eps-beat-google-cloud-up-35-momentum-across-the-compan">third-quarter revenue reached</a> $88.27 billion, marking a 15% increase compared to the same period last year. This figure surpassed the Street consensus estimate of $86.31 billion, according to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102924&amp;t=be2bearmibe3na1">data from Benzinga Pro</a>.
Additionally, the company reported $10.7 billion in revenue from Google subscribers, platforms, and devices, up from $8.3 billion in the previous year.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42775636/ces-2025-preview-nvidia-amd-in-spotlight-other-trends-and-stocks-to-watch?itm_source=parsely-api">CES 2025 Preview: Nvidia And AMD Grab Spotlight, Other Trends And Stocks To Watch</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Google

Entertainment

GOOG

Google TV Reportedly Struggles With Missing Movie Purchases: Disney Classics And New Releases Now Locked Behind Streaming Services

BMO Capital analyst Andrew Strelzik initiates coverage on Primo Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRMB#NYSE">PRMB</a>) with a Outperform rating and announces Price Target of $40.

PRMB

BMO Capital Initiates Coverage On Primo Brands with Outperform Rating, Announces Price Target of $40

Piper Sandler analyst Brent Bracelin maintains Freshworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>) with a Overweight and raises the price target from $18 to $20.

FRSH

Piper Sandler Maintains Overweight on Freshworks, Raises Price Target to $20

Piper Sandler analyst Brent Bracelin downgrades BlackLine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BL#NASDAQ">BL</a>) from Neutral to Underweight and maintains the price target from $60 to $60.

Downgrades

Piper Sandler Downgrades BlackLine to Underweight, Maintains Price Target to $60

JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>), one of the largest and most innovative solar module manufacturers in the world, today announced that it has achieved a significant breakthrough in the development of its N-type TOPCon-based perovskite tandem solar cell. Independently tested by the Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences, the cell achieved an impressive conversion efficiency of 33.84%, surpassing JinkoSolar's previous record of 33.24%. This achievement marks the 27th time JinkoSolar has set a world record for efficiency and power output for PV products.

JinkoSolar Achieves 33.84% Efficiency with Advanced Solar Cell Technology

Chinese stock exchanges are taking decisive action, urging major&nbsp;mutual funds to restrict stock&nbsp;sales as the nation faces a weakening yuan and volatile stock markets. This move is part of Beijing&#8217;s efforts to stabilize the economy before&nbsp;Donald Trump&nbsp;begins his second term as U.S. President.
What Happened: The yuan has fallen to its lowest level in 16 months, while the blue-chip stock index (CSI300) reached its weakest point since September, decreasing by 0.8% on Monday. The index suffered a 5% drop last week, marking its largest weekly loss in over two years. Meetings were held by the Shanghai and Shenzhen stock exchanges with foreign institutions to assure continued market openness, Reuters reported on Monday.
Three sources indicated that the exchanges have instructed at least four large mutual funds to buy more stocks than they sell, starting from the beginning of the year. This directive aims to reduce market volatility amid fears of potential tariffs on Chinese goods by the incoming U.S. administration. 
See Also:&nbsp;<a href="https://www.benzinga.com/25/01/42780776/is-apple-ready-for-a-new-challenge-chinas-smartphone-subsidies-aim-to-boost-domestic-demand-giving-companies-like-huawei-the-upper-hand?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Rival Huawei, Alibaba And Others Get Boost As China Doles Out Subsidies To Smartphone Buyers</a>
Authorities have implemented various measures to bolster capital markets, including swap and re-lending schemes amounting to 800 billion yuan for stock purchases. The Central Economic Work Conference in December highlighted the stabilization of stock and property markets as a key objective for 2025.
Why It Matters: The recent actions by Chinese exchanges come on the heels of a significant rebound in Chinese stocks in 2024, following a three-year downturn. The CSI 300 index rose by <a href="https://www.benzinga.com/25/01/42789867/chinese-stocks-end-2024-in-green-after-a-3-year-retreat-franklin-ftse-china-etf-ishares-msci-china-etf-and-more-in-the-spotlight">14.7% last year,</a> while the Shanghai Composite Index increased by 12.8%. The Hang Seng Index in Hong Kong also saw a 17.7% rise, marking its first annual gain in five years. This recovery was attributed to stronger-than-expected policy support from Chinese authorities, including interest rate cuts and funding programs to boost stock buying.
Additionally, China is considering allowing the yuan to <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42473889/china-eyes-yuan-devaluation-to-counter-trumps-tariffs-will-it-work">weaken significantly in 2025 </a>to counter potential 60% tariffs on Chinese imports by the United States. This potential devaluation represents a major shift in Beijing&#8217;s currency strategy amid mounting economic pressures.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/24/12/42637260/elon-musk-accused-of-bullying-republicans-to-scrap-us-china-investment-safeguards-to-protect-teslas-interests?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Accused Of Bullying Republicans To Scrap US-China Investment Safeguards To Protect Tesla&#8217;s Interests</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

General

Chinese Exchanges Reportedly Urge Fund Managers To Limit Stock Sales As Market Braces For Trump's Return

Piper Sandler analyst Brent Bracelin downgrades ZoomInfo Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZI#NASDAQ">ZI</a>) from Neutral to Underweight and lowers the price target from $11 to $10.

Piper Sandler Downgrades ZoomInfo Technologies to Underweight, Lowers Price Target to $10

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
GD Culture Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/gdc-stock-quote/">GDC</a>) just reported results for the fourth quarter of 2023.<ul><li>GD Culture Group reported earnings per share of -$1.77.</li><li>The company did not report any revenue for the quarter.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/04/gdc-stock-earnings-gd-culture-group-for-q4-of-2023/">GDC Stock Earnings: GD Culture Group Reported Results for Q4 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

GDC Stock Earnings: GD Culture Group Reported Results for Q4 2023

The latest announcement is out from GD Culture Group (GDC). GD Culture Group Limited has announced the release of its innovative short film "Forgot...

GD Culture Group Unveils AI-Driven Artistic Short Film

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GD Culture Group Unveils Innovative AI Advertising Solutions

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GD Culture Group (GDC) just unveiled an announcement. GD Culture Group Limited announced significant changes to its board on April 26, 2024, with t...

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
GD Culture Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/gdc-stock-quote/">GDC</a>) just reported results for the first quarter of 2024.<ul><li>GD Culture Group reported earnings per share of -56 cents.</li><li>The company did not report any revenue for the quarter.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/05/gdc-stock-earnings-gd-culture-group-for-q1-of-2024/">GDC Stock Earnings: GD Culture Group Reported Results for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

GDC Stock Earnings: GD Culture Group Reported Results for Q1 2024

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
GD Culture Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/gdc-stock-quote/">GDC</a>) just reported results for the second quarter of 2024.<ul><li>GD Culture Group reported earnings per share of -39 cents.</li><li>The company did not report any revenue for the quarter.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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When Art Meets AI: A Revolutionary Dialogue with Digital Human Mona Lisa on Female Empowerment

GDC Unveils Its Next Leap into the Fusion of Art and AI-Generated Video Technology with a Captivating Short Film "Forgotten Planet"

Revolutionizing Digital Marketing: GDC Unveils Its AI Advertising Solutions

GDC Enhances TikTok Marketing for Small and Medium-sized Businesses with Comprehensive Service Suite

GDC Launches TikTok Account to Share Latest AI-Related News and Trends

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GDC Announces SyncWaveX: Redefining Video Production with Direct Audio-to-Video AI Technology

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A New Standard in Drug Testing: Intelligent Bio (NASDAQ: INBS) Delivering Cost-Efficiency, Rapid Results, and Employee Dignity more stocks inside…

GDC Announces Strategic Partnership to Expand AI Creator Community

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