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Golden Ten Data Futures reported on June 17 that, according to the Shanghai Futures Exchange, on June 17, the Shanghai Futures Exchange and the London Metal Exchange held a signing ceremony for the authorization of the settlement price of hot-rolled coil futures during the Lujiazui Forum. In recent years, the Shanghai Futures Exchange has continuously promoted high-level, institutionalized opening-up of the futures market, enriched the derivatives product system, optimized market mechanisms, and steadily advanced the two-way opening of the market. It has successively launched internationally oriented specific futures and options products, conducted cross-border settlement price authorization cooperation, introduced qualified foreign investors, promoted internationalization of trading platforms, and explored cross-border delivery services, deeply integrating into the global commodity pricing system and comprehensively meeting the integrated needs of global market participants regarding trade pricing, risk hedging, and resource allocation. As a representative product for steel used in manufacturing, the Shanghai Futures Exchange hot-rolled coil futures have developed into the world's largest futures variety in the sheet category, with an average daily trading volume of about 700,000 lots and an average daily open interest of 1.9 million lots. It has gradually become an important pricing reference for imports of sheet materials from China in regions such as Asia-Pacific, the Middle East, North Africa, and South America.

```htmlGolden Ten Data reported on June 17 that European Central Bank President Lagarde stated that artificial intelligence could potentially trigger a financial crisis, and the European Central Bank is determined to ensure this does not happen. Lagarde said on Wednesday: "Even with a sound regulatory system, we cannot stop the development of artificial intelligence. What we can do is be prepared." She warned that the real risk is not artificial intelligence itself, but the upheaval that may be triggered once this disruptive new variable enters the real world. Lagarde remarked: "In modern history, there is a force that has destroyed more jobs and eroded more savings than any technological innovation, and that force is financial crisis. As these systems become more powerful, they are penetrating deeper into the economy." Next, the European Central Bank will send letters to bank CEOs to ensure they are prepared for AI attacks, are resilient enough, and understand that addressing related risks requires significant investment. Lagarde believes that ultimately, some form of global governance mechanism for artificial intelligence needs to be established, similar to the nuclear non-proliferation agreements that helped maintain global security during the peak of the Cold War.```

This transaction aims to integrate resources and build an infrastructure operations entity focused on sustainable waste management solutions. Through strategic mergers and acquisitions, TPG plans to strengthen its position in the environmental services sector, creating a larger and more influential industry player.