[Jinshi Data Compilation: Summary of important news in the European and American markets on December 20]
Domestic News:
1. Li Qiang conducted research in Zhejiang: vigorously carry out basic research and research on common key technologies, strengthen the layout and construction of new infrastructure such as computing power; governments at all levels should continue to optimize the business environment and implement various policies to benefit and assist enterprises.
2. New policies are needed to curb tax evasion by high-income influencers! The State Administration of Taxation has issued the Regulations on the Submission of Tax-Related Information by Internet Platform Enterprises (Draft for Comments).
3. State Financial Supervision and Administration: The transition period of the Insurance Company Solvency Supervision Rules (II), which was originally scheduled to end at the end of 2024, will be extended to the end of 2025.
4. CSRC: Support more investors in using legal tools, including civil litigation, to pursue civil liability for damages against violators.
5. The CSRC has relaxed the sales ratio limit for Hong Kong mutual recognition funds from 50% to 80%.
6. The National Healthcare Security Administration: Highly concerned about individual pharmaceutical companies issuing false invoices to create 'two price systems'.
7. The spokesperson for the China Coast Guard made a statement regarding the intrusion of a Philippine C-208 aircraft into the airspace of Huangyan Island.
8. The central bank: By the end of the third quarter, the total assets of financial institutions in China amounted to 489.15 trillion yuan, a year-on-year increase of 8.0%.
9. Guosen Securities: The acquisition of 96.08% equity in Wanhua Securities has been approved by the Shenzhen State-owned Assets Supervision and Administration Commission.
10. Beijing Stock Exchange: Establish a disclosure evaluation system for listed companies.
International News:
1. A spokesperson for the Rwandan government announced that the Marburg virus outbreak in the country has officially ended.
2. The Central Bank of Russia has kept the benchmark interest rate unchanged at 21.00%, while the market expected it to be raised to 23.00%.
3. Novo Nordisk's next-generation weight loss drug CagriSema's weight loss data fell short of expectations, causing US stocks to plunge 20% at market open.
4. Bitcoin plunged 5% on Friday, with the decline expanding to nearly 15% from this week's historical highs.
5. President-elect Trump: If the government is going to shut down, then let it start now.
6. Russian media reports that Kursk Oblast has been hit by missile attacks from Ukrainian forces, resulting in 5 deaths and 26 injuries.
7. US PCE and core PCE data fell short of expectations, prompting traders to increase bets on the Federal Reserve cutting rates in March next year.
8. According to Manager Magazine: Volkswagen plans to cut more than 10,000 jobs in the coming years.
9. OpenAI CEO Sam Altman posted today, hinting at the release of a new generation of reasoning AI model GPT-o3.
10. Federal Reserve - Daly: The Federal Reserve is very satisfied with the forecast of two rate cuts in 2025. Federal Reserve - Harker: Voting against was due to concerns about inflation. Hope to see more progress on inflation before rate cuts. (Transferred from: Jinshi Data)