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2024-12-14 01:05:31

South Korean police tried to search Cheongwadae's office again.The deposit interest rate is declining, and the interbank deposit receipt fund is popular. Under the background of the current downward trend of non-bank interbank deposit interest rate, the interbank deposit receipt rate is relatively more attractive, and the interbank deposit receipt fund has recently gained the popularity of funds. On December 12, Hongta laterite fund announced that the company held a meeting of fund share holders of the 7-day holding fund of Hongta laterite CSI interbank deposit certificate AAA index by means of communication to review the proposal on matters related to the continuous operation of the fund. Previously, the fund had a net asset value of less than 50 million yuan for 60 consecutive working days. However, the fund shares voted at the fund share holders' meeting were less than half of the total fund shares on the equity registration date, and failed to meet the effective meeting conditions. On December 5th, the 7-day holding period of the AAA index of China National Securities Interbank Deposit Certificate also announced the convening of the holders' meeting on the continuous operation of the fund, and the fund manager proposed to continue to operate the fund. (CSI Taurus)Huaxi Energy signed a strategic cooperation agreement with the government of Jiangbul State, Kazakhstan. According to the official news of Huaxi Energy, on December 11th, representatives of Jiangbul State Government, Huaxi Energy and Safaa Energy of Kazakhstan jointly signed a strategic cooperation agreement on developing renewable energy (wind energy, solar energy and hydropower), energy conservation and garbage power generation-related projects in Kazakhstan.


Citigroup slightly lowered South Korea's GDP growth forecast to 1.5% next year. It is expected that the Bank of Korea will cut interest rates next month. Citigroup released a report saying that considering the worse economic sentiment in South Korea this month, it slightly lowered its GDP forecast for this year and next year by 0.1 percentage point to 2.1% and 1.5% respectively. The bank slightly lowered Korea's GDP growth forecast for the last quarter of this year by 0.1 percentage point to rise by 0.3% quarterly, and raised its GDP growth forecast for the first quarter of next year by 0.1 percentage point to rise by 0.6% quarterly. Looking forward to the first quarter of next year, the bank expects South Korea to adopt a combination of expansionary policies, including the Bank of Korea's expected interest rate cut to 2.75% in mid-January, and the government's expected additional budget of 30 trillion won (equivalent to about 1.1% of GDP next year). It is expected that the Bank of Korea will cut interest rates by 25BP each in January, April, July and October next year, and the final interest rate is expected to be 2%.Samsung Electronics shares rose 3%.Bank of New York Mellon: As the impact weakens, the won may rebound to 1,400 won against the US dollar. Bank of New York Mellon said that as the most serious political impact caused by the short-term declaration of martial law begins to ease, the won may recover some of its recent lost ground before the end of the year. As the political risk premium begins to fall, the won may appreciate to 1,400 against the US dollar.


The Hang Seng Index rose 1.4%, led by Tencent Holdings Limited. The Hang Seng Index rose 1.4% to 20,435.93 in Hong Kong. Tencent Holdings contributed the most to the index rise, rising by 2.4%. Mengniu Dairy has the largest increase, up by 7.0%. In midday trading, 71 of 83 stocks rose and 10 fell; All stocks rose, led by industrial and commercial stocks.CSRC: Optimize the supply of products in time and include the first batch of index funds in the catalogue of personal pension investment products. Recently, the Ministry of Human Resources and Social Security, the Ministry of Finance, the State Administration of Taxation, the General Administration of Financial Supervision and the CSRC jointly issued the Notice on the Full Implementation of the Personal Pension System (hereinafter referred to as the Notice), and the personal pension system will be extended to the whole country on December 15. Personal pension is long-term, persistent and large-scale. By actively investing in the capital market, it is conducive to sharing the fruits of the development of the real economy and helping to maintain and increase value for a long time. As a representative of professional institutional investors in the capital market, Public Offering of Fund industry has been entrusted to manage all kinds of pension assets over 6 trillion yuan, creating good long-term income and accumulating rich management experience. According to the requirements of the Notice, the CSRC timely optimized the product supply and included the first batch of index funds in the catalogue of personal pension investment products. Subsequently, the CSRC will strengthen the supervision of personal pension investment in Public Offering of Fund, urge Public Offering of Fund managers to continuously improve their management and service capabilities, and better support the high-quality development of personal pensions. (CSRC)Chief Economic Adviser of India: The growth rate will be 6.5-7% in FY 2025. The chief economic adviser of India said that maintaining the growth rate is still a top priority. The growth rate will be 6.5-7% in FY 2025.

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