[Editor’s Note] On December 11, 2001, China joined the World Trade Organization. This day has become an important watershed in the development of relations between China and the world. In the past 20 years, China has fully fulfilled its commitments, continued to advance its reform and opening up, its overall national strength has increased significantly, its international status and influence have continued to rise, and the living standards of urban.. Read More
Venture capital tycoon Wang Chaoyong lost contact? Xinzhongli has consulted with the police: no relevant valid information yet
On the evening of December 16, in response to the loss of the well-known venture capital “big man” Wang Chaoyong, his company Beijing Xinzhongli Investment Co., Ltd. (833858.NQ, referred to as “Xinzhongli”) issued an announcement stating that it had not received A formal notice issued by the public security, judicial and other agencies or a request to assist in an investigation. According to the announcement, Xin Zhongli has contacted Wang.. Read More
China Banking Regulatory Commission: Banks that account for more than 20% of long-term sleep credit cards are not allowed to issue new cards
The China Banking and Insurance Regulatory Commission further regulated the credit card business. On December 16, the China Banking and Insurance Regulatory Commission issued a report on the “Notice on Further Promoting the Standardized and Healthy Development of Credit Card Business (Draft for Soliciting Comments)” (hereinafter referred to as “Draft for Soliciting Comments”), Solicit opinions from the public. The “Draft for Comments” requires that banks shall not directly or indirectly.. Read More
The broad market strengthened in the afternoon and closed up: the coal sector led the gains, Yuan Universe performed well, and liquor stocks led the decline
Stronger in the afternoon, the Shanghai and Shenzhen stock markets closed up. Boosted by the overnight rise in the external market, the three major A-share stock indexes opened slightly higher and maintained a volatile pattern in the early trading. The hydrogen energy sector vigorously pushed the stock index upward in the afternoon. By the close of December 16th, the Shanghai Composite Index rose 0.75% to 3675.02 points; the Science and.. Read More
Gemdale Group: Completed the issuance of two medium-term notes in the past two months, with a total issuance of 3 billion yuan
On December 16, Gemdale Group (600383.SH) announced the issuance of the seventh phase of medium-term notes in 2021. On December 15, the company completed the issuance of 1.5 billion yuan of medium-term notes. The medium-term note product is referred to as “21 Gemdale MTN007”, the product code is “102103254”, the issuance scale is 1.5 billion yuan, the issuance period is 3 years, and the issuance interest rate is 4.04 %,.. Read More
Development and Reform Commission: guide and urge all localities to quickly complete the preliminary work of the planned special bond project
On December 16, at the December press conference held by the National Development and Reform Commission, the media asked: The Central Economic Work Conference requested that next year’s macroeconomic policy adjustments should be stepped up, and the State Council Executive Meeting also made it clear that the current and future needs should be coordinated. Two-year special debt management policy convergence. How can we better utilize the role of special bonds.. Read More
Federal Reserve Chairman: Debt reduction is expected to be completed in March next year. It is not appropriate to raise interest rates before the completion of debt reduction
Fed Chairman Powell at 3 a.m. Beijing time on December 16, the Federal Reserve’s Open Market Committee announced that the target range of the federal funds rate will remain unchanged at 0-0.25%, and at the same time it will reduce the monthly bond purchase scale from the original Doubled the 15 billion U.S. dollars to 30 billion U.S. dollars, which means that the time to complete debt reduction will be.. Read More
Interpretation｜The State Council has made new arrangements for two monetary policy tools that directly reach the real economy
Two monetary policy tools that will be due at the end of the year and directly reach the real economy (inclusive small and micro enterprise loan deferred principal and interest policy and credit loan support plan) have ushered in new arrangements. According to CCTV News, on December 15, Premier Li Keqiang of the State Council hosted an executive meeting of the State Council. The meeting decided to 1. Convert the.. Read More
Buffett’s job is too boring? What Musk said after being named Person of the Year by Time
“Honestly, I’m not Buffett’s number one fan. He sits there all day reading financial statements and is super boring. Does anyone want this job? I think most people don’t, anyway, I don’t want to do it.” The world’s richest man and Tesla CEO Elon Musk “tagged” on Warren Buffett’s boring work in the latest interview. At the same time, Musk also defended Buffett’s personal wealth of approximately $100 billion. On.. Read More
The number of cities where second-hand house prices rose in November fell to single digits, the lowest level in the past two years
In November, the overall decline in housing prices in 70 large and medium-sized cities continued. This month, the number of new homes and second-hand housing cities continued to decrease, and both have fallen to single digits, reaching the lowest level in the past two years. On December 15, the National Bureau of Statistics released the changes in the sales prices of commercial housing in 70 large and medium-sized cities in.. Read More