... success of the sale will reflect on their value. It is important to remain aware of the risks associated with currency fluctuations and geopolitical factors that may affect trade with China. Singles' Day in China is not just a sale but also a significant economic indicator that can influence stock and commodity markets globally. For Russian investors, this day represents an opportunity to evaluate demand trends in China and their impact on companies actively involved in the Chinese market. By monitoring sales volumes and market dynamics, more informed investment decisions can be made. By utilizing platforms such as Open Oil Market, Russian enterprises ...

... (Bank of Russia). Format: In-person. Instrument: equities/bonds. September September 4 – III Forum “Digital Finance: A New Economic Reality” (ACRA). Format: In-person. Instrument: equities. September 10 – Second Capital Markets Forum (RBC). Format: ... ... governance and IPOs to ESG and digital finance. Participation in these events will enable issuers to stay updated on the latest trends and establish beneficial connections with key market players.

... reduction in reserve expenses. Bank management expects that the return on equity for the year will surpass 22%, assuming current trends and stable external conditions persist – in this case, 2025 could conclude for Sber with a new record profit. Conclusion ... ... appreciation and a stable stream of dividends. Undoubtedly, risks remain – including changes in the regulatory environment or new economic shocks – but Sber's current resilience and efficiency provide grounds to expect successful fulfillment of its forecasts....

... global competition for capital and talent. Russia and CIS: Local Focus Amid Global Trends Despite external constraints, active steps are being taken in Russia and neighboring countries to develop their own startup ecosystems, aligned with global venture trends. At the St. Petersburg International Economic Forum (SPIEF-2025), a new venture fund from PSB Bank was announced in partnership with others (target amount – 12 billion rubles) to invest in dual-use projects (drones, AI, robotics, and other high-tech areas). Besides government institutions,...

... limitations. Major deals are not expected in the near future: most enterprises prefer to hold onto assets, awaiting improved economic conditions. At the same time, experts note a growing interest in public-private partnership projects and partial redistributions ... ... number of transactions is unlikely to return to pre-crisis levels. The Russian M&A market is under pressure from several negative trends. The tightening of requirements for transactions with foreign investors and the high cost of borrowed capital restrain ...