Biden will attend the virtual meeting of the Group of Seven scheduled for 9: 30am EST (9: 30pm Beijing time).Zhao Dejian, vice president of Shandong Jiaotong University, was examined and investigated. According to the news from the Supervision Committee of Shandong Provincial Commission for Discipline Inspection, Zhao Dejian, member of the Party Committee and vice president of Shandong Jiaotong University, is suspected of serious violation of the law and is currently under disciplinary review and supervision investigation by the Supervision Committee of Shandong Provincial Commission for Discipline Inspection.Hong Kong Monetary Authority: In November, the foreign assets of the Exchange Fund increased by HK$ 30.8 billion to HK$ 3,506.4 billion. On December 13, the Hong Kong Monetary Authority announced the main analytical accounts of the Exchange Fund at the end of November 2024. In November, the foreign assets of the Exchange Fund increased by HK$ 30.8 billion to HK$ 3,506.4 billion. The monetary base is HK$ 1,950.1 billion, including certificates of indebtedness, notes and coins in circulation issued by the government, balances in the banking system and issued Exchange Fund bills and bonds. Claims on the private sector in Hong Kong amounted to HK$ 287.8 billion. Total external liabilities amounted to HK$ 28 billion.
Soochow securities Lu Zhe: The Central Economic Work Conference further boosted confidence in the capital market. The Central Economic Work Conference was held in Beijing on December 11th and 12th. The meeting analyzed the current economic situation and deployed economic work in 2025. Lu Zhe, chief economist of soochow securities, believes that the contents of the meeting will face the adverse changes and influences of the internal and external economic environment directly, with more emphasis on the orientation of policy consistency, and policy coordination will be more important next year. Next year, the strength of macro-policies will be significantly increased, and more concrete and operable policy measures will be introduced, which will provide a strong guarantee for the economy to tide over difficulties in the short term and deepen long-term reforms. Lu Zhe said that the Central Economic Work Conference regards "stabilizing the stock market and the property market" as the basic premise of steady growth, which on the one hand shows that the policy pays more attention to the capital market, and on the other hand shows that stabilizing the capital market and the real estate market is an important working means to boost confidence and enhance expectations. Judging from the key work arrangement of the meeting, the combination of "moderately loose monetary policy" and "more active fiscal policy" and the extraordinary countercyclical adjustment are expected to stabilize the economic fundamentals, provide more macro liquidity for the market, and guide the confidence stability and profit recovery of the capital market. (SSE)The US dollar index rose by 0.3%, the Japanese yen fell to 153, and the Swiss franc fell by over 0.9%. On Thursday (December 12), the ICE dollar index rose by 0.31% to 107.038 points, and the intraday trading range was 106.354-107.041 points. The whole day showed a volatile upward state, but the European Central Bank announced a rate cut, the US PPI data was released, and Beijing. The Bloomberg dollar index rose by 0.28%, reaching a daily high of 1288.41 points, and then fluctuated upward after reaching a daily low of 1281.12 points at 15:17. The dollar rose 0.14% against the yen to 152.67 yen, and the intraday trading range was 151.81-152.77 yen. The euro fell 0.27% to 1.0467, the pound fell 0.62% to 1.2673, and the dollar rose 0.93% to 0.8924 against the Swiss franc. Among the commodity currencies, the Australian dollar was roughly flat after falling back against the US dollar, while the New Zealand dollar fell by 0.29% and the US dollar rose by 0.44% against the Canadian dollar. The Swedish krona fell 0.38% against the US dollar, while the Norwegian krona fell 0.26% against the US dollar.The "construction drawing" of capital market reform in 2025 is clear, "expanding patient capital", "attracting social capital to participate in venture capital more vigorously", "deepening comprehensive reform of capital market investment and financing" and "expanding high-level opening up" ... The Central Economic Work Conference was held in Beijing from December 11 to 12, and the economic work in 2025 was deployed. Many formulations and requirements are closely related to the capital market reform, development and stability in 2025. Experts said that in 2025, the capital market reform will continue to be comprehensively promoted, and it will become the focus to expand patient capital, deepen comprehensive reform of investment and financing, and expand high-level opening up. The "construction drawing" of the capital market reform has become clearer, and it is necessary to do a good job in the future to achieve results and further consolidate the "stable" foundation of the market. (CSI)
In violation of regulations, Sun Yongcheng, a member of the former party group of Heilongjiang Provincial Federation of Trade Unions, was expelled from the party. After investigation, Sun Yongcheng violated political discipline and confronted organizational review; Violation of organizational discipline, failure to truthfully explain problems when organizing letters and inquiries, and use their powers to seek personnel benefits for relatives and others; Violation of integrity discipline, illegal access to large returns through private lending, and use of authority to seek benefits for the business activities of relatives; Violation of work discipline, intervention in project contracting; Taking advantage of the convenience of his position and the formation of his authority or position, he seeks benefits for others in the aspects of engineering project license handling, mineral management right transfer, company preparation approval, etc., illegally accepting and demanding property, and is suspected of accepting bribes.Amco: agreed to buy 2,000 bitcoin mining machines from Canaan Creative Global.Thirteen companies disclosed the progress of repurchase, among which Green Energy Huichong and Ruike had the highest amount of laser repurchase plans. On December 13th, a total of 13 companies issued announcements on stock repurchase. Among them, two companies disclosed the stock repurchase plan for the first time, four companies disclosed the progress of the implementation of stock repurchase, and seven companies have completed the implementation of the repurchase plan. Judging from the initial disclosure of the repurchase plan, Green Energy Huichong and Ruike Laser have the highest amount of repurchase plans, with the planned repurchase not exceeding 1.115 million yuan and 487,900 yuan respectively. Judging from the implementation progress of repurchase, Yuanli Technology, Jiuli Special Materials and Jack have the highest share repurchase amounts, with 33.1077 million yuan, 30.9807 million yuan and 3.2323 million yuan respectively. Judging from the completed repurchase, a total of one company repurchased more than 10 million on that day. Aerospace Rainbow, Aerospace Rainbow and Guanshi Technology have completed the highest repurchase amount, with 33.2989 million yuan, 2.479 million yuan and 2.1642 million yuan respectively.