The China Securities Association held a plenary meeting of the professional committee on securities brokerage, wealth management and asset management, which was held in Beijing on December 3rd. The meeting stressed that the securities industry should focus on its main business, optimize supply, improve its value creation ability, form a diversified financial product and service system suitable for the needs of various investors, and implement the strategic layout of "five big articles"; Adhere to the customer-centered, practice the development concept of finance serving the country and finance serving the people, and correctly handle the relationship between functionality and profitability; Actively serve the national strategic needs, optimize product design, innovate service models, and provide more long-term financial support for the real economy. The meeting summarized the key work of the Committee in 2024 and discussed the work plan for 2025. In the next stage, the Committee will further play its role as a platform for communication, deliberation and handling affairs, unite industry consensus, guide the industry to focus on its main business, give full play to the functions of wealth managers, continuously improve its professional service capabilities, provide full chain services for investors' property preservation and appreciation, and help the high-quality development of the capital market.US officials said that the United States is focused on providing Ukraine with the air defense system it needs to defend against Russian missiles and drones.After the publication of CPI in the United States, the probability that the Fed will cut interest rates by 25 basis points in December has almost been fully priced. According to CME's "Fed Observation", the probability that the Fed will keep the current interest rate unchanged by December is 2.3%, and the cumulative probability of cutting interest rates by 25 basis points is 97.7%. The probability of keeping the current interest rate unchanged by January next year is 1.7%, the probability of cutting interest rates by 25 basis points is 71.2%, and the probability of cutting interest rates by 50 basis points is 27.1%.
It is reported that the Bank of Japan thinks that it is no harm to raise interest rates later, but it does not rule out taking action in December. On December 11th, according to informed sources, officials of the Bank of Japan believe that it is not costly to raise interest rates later, and they are still open to taking action next week, depending on data and market trends. The authorities believe that even if the Bank of Japan decides to wait until January or later, it will not pay a huge price, because there are signs that there is little risk that inflation may exceed the target. They also said that if the December meeting proposed to raise interest rates, some officials would not object. According to people familiar with the matter, officials think it is only a matter of time to raise interest rates again, because the economy and inflation are in line with their forecasts. Before announcing the policy decision on December 19, officials will carefully evaluate the data and financial markets before making a final decision.The first super-kilometer tunnel in the Kangyu section of the Xi 'an-Chongqing high-speed railway runs through, and the construction of the Xi 'an-Chongqing high-speed railway (referred to as "Xi 'an-Chongqing high-speed railway") will spread new news. On December 10th, it was learned from Tiexikun Company of Beijing-Kunming High-speed Railway that after 620 days of construction, Wangjiabang Tunnel of Xiyu High-speed Railway in Qianfeng District of Guang 'an City was completed, four months ahead of the design period. This is the first tunnel of more than 1,000 meters in the Kangyu section of the Xi-Yu high-speed railway, marking another breakthrough in the construction of the Xi-Yu high-speed railway.Brent crude oil exceeded $73/barrel, up 1.57% in the day.
South Korea's tourism industry has been hit, and the mayor of Seoul promised to ensure the safety of tourists. Recently, South Korea's tourism industry has 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 and urged foreign tourists to visit Seoul. SE HUN said at the meeting that a large number of people gathered near Gwanghwamun and Ruyi Island in Seoul recently, but the related activities were generally peaceful and no safety accidents occurred. According to him, Seoul's safety standards are still quite high. (Xinhua News Agency)*ST Zhongli: The company's reorganization plan was approved by the court. *ST Zhongli announced that the company's reorganization plan had been approved by the Suzhou Intermediate People's Court and the reorganization procedure was terminated. The content of the reorganization plan is consistent with the previously disclosed draft, aiming at comprehensively solving the historical problems of the company's 1.805 billion yuan capital occupation and illegal guarantee. In the implementation stage of the reorganization plan, the company will be responsible for implementation and the manager will be responsible for supervision. If it is successfully implemented, it will help to optimize the company's asset-liability structure, enhance its sustainable operation and profitability, and have a significant impact on the relevant financial indicators in 2024.Luo Xingfa, former party secretary and president of Guangyuan Radio and TV University and former president of Guangyuan Cadre Network College, was investigated. Luo Xingfa, former party secretary and president of Guangyuan Radio and TV University and former president of Guangyuan Cadre Network College, was suspected of serious violation of the law and is currently under disciplinary review and supervision investigation by the Supervision Committee of Guangyuan Municipal Commission for Discipline Inspection.
Strategy guide
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Strategy guide