decentralization currency Overview

The turnover of Shanghai and Shenzhen stock markets exceeded 1 trillion for the 51st consecutive trading day, which was 380 billion less than that of the previous trading day.Afternoon comment: the three major indexes rose slightly in half a day, and the concept of Shanghai's state-owned enterprise reform lifted the tide of daily limit. The three major indexes opened lower and went higher in early trading and rose slightly in half a day. In terms of sectors, the concept of Shanghai's state-owned enterprise reform is on the rise, and Shanghai Material Trade, First Medicine and Shibei High-tech are collectively on the rise. The retail sector continued to be strong, with the daily limit of Youa, Zhongbai Group and Maoye Commercial. The concept of AI glasses is higher, and Tianjian shares and Star Technology both have a daily limit of 20cm; Insurance stocks continued to adjust, and Tianmao Group fell to an intraday limit; Sora concept stocks collectively adjusted back, and the word Huayang Lianzhong fell; Bank shares fluctuated lower, with Bank of Ningbo leading the decline. Overall, stocks rose more and fell less, with more than 3,500 stocks rising. On the disk, Shanghai's state-owned enterprise reform, AI glasses and retail sectors were among the top gainers, while insurance, Sora concept and banking sectors were among the top losers.Beijing's subsidy policy for old vans has been extended to the end of the year. The Beijing Municipal Bureau of Ecology and Environment said yesterday that in order to meet the needs of car owners for trade-in, the city issued the Notice on Adjusting the Implementation Rules for Beijing to Further Promote the Scrapping and Updating of Old Wagons and Large and Medium-sized Buses with Emission Standards of Grade 4 and below, extending the application time of subsidies, expanding the scope of benefits of subsidies, and further stepping up efforts to promote the scrapping and updating of old trucks and large and medium-sized buses with emission standards of Grade 4 and below in the city. The applicable time of subsidy is extended from August 26th, 2024 to December 10th, 2024 to August 26th, 2024 to December 31st, 2024. In addition, this time, subsidies have been added to the owners of micro, light and medium-sized trucks that meet the four emission standards of scrapped countries from August 26 to December 31, 2024. Among them, the scrapped national four emission standards for micro and light trucks are subsidized by 15,000 yuan/vehicle; The subsidy for medium-sized trucks with four emission standards in scrapped countries is 25,000 yuan/vehicle.

Liu Yi, the former secretary-general of the Chinese Football Association, was sentenced to 11 years' imprisonment in the first instance. According to Xianning Intermediate People's Court, on the morning of December 11, the Intermediate People's Court of Xianning City, Hubei Province publicly pronounced the case of accepting bribes by Liu Yi, the former deputy head of the preparatory group for the change of the Chinese Football Association and the former secretary-general of the Chinese Football Association. The defendant Liu Yi was sentenced to 11 years' imprisonment for accepting bribes and fined RMB 3.6 million. The property obtained from bribery shall be recovered according to law and turned over to the state treasury, and the insufficient part shall continue to be recovered.The President of Peru called for the restoration of the death penalty for criminals who raped children, and the President of Peru Dina Ersilia Brou Art segala called for the restoration of the death penalty for criminals who raped children on the 10th. Earlier, a 12-year-old girl in the capital Lima was killed after being suspected of sexual assault. (Xinhua News Agency)Hong kong stocks minimally invasive robots rose more than 13%. The company completed the placement of a total of 34.7 million shares, and the net proceeds from the placement were about HK$ 266 million.

Full implementation is just around the corner, and personal pension products will be expanded. The reporter learned from the industry that the Ministry of Human Resources and Social Security will mobilize and deploy the full implementation of the personal pension system recently. The personal pension pilot will be fully liberalized in the near future, expanding from the original 36 pilot cities to the whole country, and it is expected to be fully implemented quickly. Personal pension fund products have also ushered in expansion, and some mature broad-based ETF-linked funds and broad-based index OTC products will add Y shares. At present, various fund companies are in full swing to prepare for the full liberalization of the individual pension pilot. (CSI Taurus)Thai Ministry of Finance: State-owned banks will lend 1 trillion baht to support economic development.Musk praised Tesla China. According to the data, Tesla sold 21,900 vehicles in China last week (12.2-12.8), which was the second best week of Tesla in 2024 so far. The excellent sales performance in China market was highly recognized by Tesla CEO Musk, who praised "the excellent work of Tesla China" online on social media.