2024-12-13 04:57:31
The capital market anchors scientific and technological innovation to empower the development of new quality productive forces. The the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on December 9 emphasized that scientific and technological innovation should lead the development of new quality productive forces and build a modern industrial system. With the new "National Nine Articles" and the "1+N" policy of the capital market, the capital market has become one of the main positions to support the development of new quality productive forces. In particular, the capital market supports listed companies to use refinancing, mergers and acquisitions, equity incentives and other tools to increase investment in scientific and technological research and development, constantly overcome technical difficulties, and enhance the toughness and competitiveness of the industrial chain. A number of interviewees said that in the future, the capital market will further guide capital to gather in the field of new quality productivity, give full play to the function of resource allocation, support scientific and technological innovation and industrial upgrading, and enhance the ability of the capital market to serve scientific and technological innovation and the development of new quality productivity. (Securities Daily)US Treasury Secretary Yellen: Worried about the fiscal outlook, the deficit needs to be reduced. President Biden's proposal to cut the deficit by an additional $3 trillion is necessary. Disappointed that Congress failed to take measures to deal with the budget deficit.Societe Generale: The disclosure of regulatory capital requirements will take effect on January 1, 2025.
The UN Secretary-General called for a peaceful settlement of the Palestinian-Israeli conflict and the Syrian issue. On the evening of December 11th, local time, UN Secretary-General Guterres, who was visiting South Africa, made the latest statement on the Palestinian-Israeli issue and the Syrian issue, calling on the international community to take action to resolve regional conflicts and promote peace and stability. At the joint press conference with the South African Foreign Minister, regarding the Syrian issue, UN Secretary-General Guterres reiterated the need to safeguard Syria's territorial integrity and sovereignty and called on all parties to promote an inclusive political process. He said: "The Syrian conflict has lasted for many years, and now it is a critical moment for the international community to take collective action to achieve peace." He stressed that the Syrian people need an inclusive political dialogue to ensure a peaceful transition, and called on the international community to increase humanitarian assistance to protect civilians and key infrastructure. When talking about the Palestinian-Israeli conflict, Guterres expressed serious concern about the humanitarian crisis in the Gaza and condemned the actions that aggravated the conflict. He pointed out: "The Golan Heights is under illegal occupation, which not only violates international law, but also further worsens the regional situation." Guterres called on Israel to stop its occupation, guarantee the Palestinian people's right to self-determination, and resolve disputes through peaceful means to avoid more civilian casualties. (CCTV)After the emergency martial law storm, South Korea's financial industry suffered successively. After the emergency martial law storm in South Korea, South Korea's financial industry suffered successively, and the stock market fluctuated obviously. This week, it began to rebound slightly. South Korean media pointed out that the uncertainty of South Korea's political situation may put its international reputation under downward pressure. South Korea's Deputy Prime Minister and Minister of Planning and Finance, Choe Sang-mu, held an "emergency macroeconomic and financial symposium" on the 10th to discuss the dynamics of the financial and foreign exchange markets and the countermeasures. According to South Korea's Chosun Ilbo reported on the 9th, after the emergency martial law storm, the total market value of South Korea's stock market evaporated by 58 trillion won within three days, and more than 400 billion US dollars of foreign exchange reserves were also threatened. As the political struggle of "impeaching the president" continues, not only finance, but also retail, alcohol, real estate, semiconductor export and other aspects of the Korean economy have also felt the chill. South Korean media believe that if financial instability and the stagnation of the real economy, the economy may fall into crisis sharply. According to the "Foreign Securities Investment Trends in November" released by the Korea Financial Supervisory Authority on the 10th, foreign investors sold 4.154 trillion won in the Korean securities market last month and sold Korean shares for four consecutive months. South Korea's "Asia Daily" said on the 10th that as South Korea re-entered the presidential impeachment time, the uncertainty intensified, and it is expected that the net selling behavior of foreign investors will continue. Although South Korea's stock market rebounded on the 10th, the uncertainty of the political situation put its international reputation under downward pressure. South Korea's Chosun Ilbo published a commentary on the 10th, saying that Fitch and Moody's, among the world's three major credit rating agencies, have successively warned that if the storm after martial law is prolonged, South Korea's national credit rating may be negatively affected. (CCTV)The capital market anchors scientific and technological innovation to empower the development of new quality productive forces. The the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on December 9 emphasized that scientific and technological innovation should lead the development of new quality productive forces and build a modern industrial system. With the new "National Nine Articles" and the "1+N" policy of the capital market, the capital market has become one of the main positions to support the development of new quality productive forces. In particular, the capital market supports listed companies to use refinancing, mergers and acquisitions, equity incentives and other tools to increase investment in scientific and technological research and development, constantly overcome technical difficulties, and enhance the toughness and competitiveness of the industrial chain. A number of interviewees said that in the future, the capital market will further guide capital to gather in the field of new quality productivity, give full play to the function of resource allocation, support scientific and technological innovation and industrial upgrading, and enhance the ability of the capital market to serve scientific and technological innovation and the development of new quality productivity. (Securities Daily)
The US dollar just broke through the 7.2800 yuan mark against the offshore RMB, and the latest price was 7.2801 yuan, up 0.32% in the day. The US dollar against the onshore RMB was recently reported at 7.2612 yuan, up 0.17% in the day.South Korea's tourism industry has been hit. The mayor of Seoul promised to ensure the safety of tourists. Recently, South Korea's tourism industry has also been hit by the emergency martial law storm, and many hotels and travel agencies have been unsubscribed. Seoul Mayor SE HUN promised to take measures to ensure the safety of tourists on the 11th. The South Korean media reported that although the emergency martial law issued by South Korean President Yin Xiyue lasted only a few hours, the negative impact of this incident on South Korea's tourism industry has already appeared. For security reasons, many tourists canceled the reservations of hotels and travel agencies. In view of the above situation, SE HUN said that the Seoul municipal government will launch a series of measures to create a "safe Seoul" image to attract foreign tourists, and at the same time increase support for the tourism industry to prevent related enterprises from closing down. (CCTV)The Polish minister said that Poland hopes that more countries will participate in Baltic policing, the EU must spend at least 100 billion euros on national defense, and the conditions for sending Polish MIG -29 fighters to Ukraine have not been met.