chinese digital currency Top Reviews

Spot gold fell below $2,660 per ounce, down 0.77% in the day.General Administration of Market Supervision: Efforts should be made to optimize the consumption environment and promote large-scale equipment renewal and trade-in of consumer goods by standards. The party group of General Administration of Market Supervision held an enlarged meeting to convey the spirit of studying the Central Economic Work Conference. The meeting demanded that the construction of a unified national market should be accelerated, fair competition governance should be strengthened, and the economic cycle should be promoted smoothly. Efforts should be made to optimize the consumption environment, promote large-scale equipment renewal and trade-in of consumer goods with standards, and help expand domestic demand. It is necessary to give full play to the supporting role of quality infrastructure and boost scientific and technological innovation and the development of new quality productive forces. Efforts should be made to standardize the market order and promote mutual benefit and win-win for all parties in the platform economy. It is necessary to constantly optimize the ways and means of market supervision, improve the efficiency of supervision, and stabilize market expectations. It is necessary to effectively improve the safety supervision ability of food, medicine, industrial products and special equipment, and timely prevent and resolve major risks. It is necessary to improve the working mechanism for implementing the decision-making and deployment of the CPC Central Committee and strengthen the comprehensive and strict management of the party's political responsibility. It is necessary to do a good job in safe production in the field of market supervision at the end of the year and at the beginning of the year, and stabilize the price and quality of important people's livelihood commodities.Market news: Sam Altman, founder of OpenAI, will donate $1 million to the inauguration fund of President-elect Trump. According to reports, Altman plans to donate to the Presidential Inaugural Committee in his own name, instead of directly donating by OpenAI.

GCL Technology: It is estimated that there will be no more share repurchase cancellation in 2024. GCL Technology (03800) announced that in view of the fact that the photovoltaic industry is still in excessive competition, in order to ensure the stability of the company's operation and cope with the uncertainty in the future, the company expects that there will be no more share repurchase cancellation in the year ending December 31, 2024.Shanghai Shipping Exchange: The transportation demand of Persian Gulf routes remained high, and the market freight rate continued to rise this week. On December 13th, according to the news of Shanghai Shipping Exchange, this week, the export container transportation market in China was basically stable, and different routes were divided due to their different trends of supply and demand fundamentals, and the comprehensive index rose. On European routes, the growth of transportation demand is weak, the fundamentals of supply and demand lack further support, and the booking price in the spot market drops slightly. On the North American route, the transportation demand is generally stable, and the relationship between supply and demand is basically balanced. Major airlines push the freight rate up, and the spot market booking price rises sharply. On the Persian Gulf route, the transportation demand remained high, and the market freight rate continued to be supported by the local tension. This week, the market freight rate continued to rise. On the Australia-New Zealand route, the local demand for various materials showed signs of stabilization, the fundamentals of supply and demand improved, and the market freight rate stopped falling and rebounded. On the South American route, the transportation demand lacks the motivation for further growth, and the fundamentals of supply and demand weaken. This week, the spot market booking price dropped slightly.Ma Zhaoxu, Vice Minister of Foreign Affairs met with New Zealand Ambassador to China Maury, and Ma Zhaoxu, Vice Minister of Foreign Affairs met with outgoing New Zealand Ambassador to China Maury. Ma Zhaoxu said that under the strategic guidance of the leaders of the two countries, China-Singapore relations have maintained sound development, and mutual benefit and win-win have become the main tone of bilateral relations. The two sides should jointly implement the important consensus of the leaders of the two countries and promote the continued healthy and stable development of China-Singapore comprehensive strategic partnership. Mao Rui said that New Zealand is willing to strengthen dialogue and communication with China and push forward bilateral relations. (Ministry of Foreign Affairs)

Institution: The sinking trend of the domestic market is remarkable. The Report on Career Development of Domestic Servants released in 58 shows that in 2024, the demand for nursing old nannies will increase by 21% year-on-year, the demand for raising children will increase by 23%, and the demand for high-end domestic services such as elite housekeepers and children's growth companions will increase by 34%. In addition, the sinking trend of domestic training is obvious, and the number of participants in second-tier and below cities has increased by 229% year-on-year.On December 13th, Shaanxi Supervision Bureau of the State Financial Supervision and Administration issued an administrative penalty message showing that Baoji Central Branch of Ancheng Property Insurance Co., Ltd. was fined 60,000 yuan for giving benefits other than the insurance contract. The salesman of Baoji Central Branch of Ancheng Property Insurance Co., Ltd. was warned and fined 10,000 yuan.The self-built valuation model of bank wealth managers has met with "standardization": some institutions have re-adopted the strategy of excess return of the bank's tier-2 capital bonds with the valuation system of China Securities and China Securities, and recently, the regulatory authorities issued a document to the bank wealth management subsidiary, demanding that the self-built valuation model should not be used to smooth the net value fluctuation, and the valuation standards provided by third parties such as China Securities and China Securities should be adopted, and self-inspection and rectification should be carried out. The purpose of this move is to prevent the bank's wealth management subsidiaries from adjusting product income through self-built models, and to carry out "fund pool" business in disguise to ensure market fairness. At present, a number of bank wealth management subsidiaries have received this document, and have begun to adjust the net value calculation methods of day-opening and closed wealth management products, and re-adopt third-party valuation for investment products such as bank tier 2 capital bonds. A person from a bank financing subsidiary told reporters that he heard that the financial supervision department held a small-scale meeting last week, asking the bank financing subsidiary to respect the new asset management rules and not to violate accounting standards. In addition, the relevant departments also require the financial subsidiaries of banks that have used the self-built valuation model to carry out rectification, and the financial subsidiaries that have been notified shall submit corresponding rectification plans and measures reports within one month. In the view of the above-mentioned bank wealth managers, it is not excluded that some bank wealth management subsidiaries have lowered the allocation ratio of bank tier-2 capital bonds due to the influence of regulatory policies, because when the self-built valuation model is "standardized", the strategy of over-allocating bank tier-2 capital bonds to obtain excess returns becomes increasingly difficult when the net product value fluctuates relatively smoothly. (per meridian)