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The A-share financing balance hit a new high of more than 9 years, and the big consumption sector broke out. According to china securities journal, on December 12, the A-share market opened lower and went higher. At the close, the Shanghai Composite Index rose by nearly 1%, the Shenzhen Composite Index rose by 1% and the Growth Enterprise Market Index rose by more than 1%. More than 3,500 stocks in the entire A-share market rose, with more than 150 stocks trading daily, and the big consumer sector broke out. The market turnover was 1.89 trillion yuan, which has exceeded 1 trillion yuan for 52 consecutive trading days, setting a new record for the A-share market. In terms of funds, Wind data shows that as of December 11th, the financing balance in the A-share market was 1,875.85 billion yuan, a record high of over 9 years. In the first three trading days of this week, the financing balance "increased three times in a row", with a cumulative increase of 22.579 billion yuan. Analysts believe that short-term ample liquidity and optimistic policy expectations are still the main support of the market. In the medium and long term, the A-share market is expected to continue to fluctuate upward under the dual promotion of policy expectations and economic trends.848 agricultural and livestock products in Inner Mongolia were selected into the national list of famous and excellent new agricultural products. The reporter learned from the Agriculture and Animal Husbandry Department of Inner Mongolia that 30 products including Songshan sweet pepper and Jiuyuan duck-billed fish declared by Inner Mongolia were recently selected into the third batch of national list of famous and excellent new agricultural products in 2024. A total of 848 agricultural and livestock products in Inner Mongolia were selected into the national list of famous and excellent new agricultural products, ranking among the top in the country. (Xinhua News Agency)The dual platform of transaction detection has landed in Henan to cultivate the diamond industry to a higher level. Recently, the Zhengzhou International Trading Center for Cultivating Diamonds (to be established) and the Henan Laboratory of Jewelry National Inspection Group, which are jointly established by China Jewelry and Jade Jewelry Industry Association and Jewelry National Inspection Group, were officially unveiled in Zhengzhou Airport Area, marking a key step in cultivating the industrial layout of diamonds in Henan Province, which is of great significance for promoting regional economic development and industrial upgrading. "With unified and authoritative product standards, the market can establish a sound pricing mechanism and further promote the extension of the industrial chain." During the interview, people in the industry told the reporter of Company E that this time, the Jewelry National Inspection Group landed in Henan, which will further provide inspection services close to the place of origin, reduce the cost of cultivating diamonds and establish professional evaluation standards. At the same time, the trading center will also set up a platform to cultivate the diamond price trading index, standardize the market pricing system, and stabilize prices and market supply and demand. In the future, Zhengzhou Airport Port Area will also rely on the trading center to build and cultivate the downstream industrial chain layout of diamond processing, design and inlay in the area, and base on the advantages of the airport to maximize the value of the industrial chain.

The Central Committee of the Communist Party of Vietnam decided to give disciplinary punishment and warning to former president Ruan Chunfu. On December 13th, local time, the Political Bureau of the Central Committee of the Communist Party of Vietnam announced the review results and disciplinary decision of former president Ruan Chunfu and former permanent secretary of the Central Secretariat and director of the Central Organization Department Zhang Shimei. After reviewing the recommendations of the Central Inspection Commission, the Political Bureau of the Central Committee of the Communist Party of Vietnam decided to give disciplinary action and warning to Ruan Chunfu and criticize Zhang Shimei. (CCTV News)Employees hide $154 million in accounts. Macy's said that internal control was ineffective. On Thursday, Macy's said that a reassessment of its financial situation showed that as of February this year, the internal control (including proper record maintenance) of the chain department store was not effective. The retailer launched an evaluation at the end of November after discovering that an employee had concealed as much as $154 million in expenses for many years. Therefore, the company postponed the release of the third quarter earnings report until December 11th. Macy's said that under the supervision of the board of directors, Tony Spring, its CEO, and Adrian Mitchell, its chief financial officer, re-evaluated the effectiveness of internal control, and pointed out that its financial report was not effective as of February 3 due to major defects. The department store chain said that it is implementing changes to improve internal control and make up for major defects.Zou Lan, Director of the Monetary Policy Department of the Central Bank: A moderately loose monetary policy orientation has enhanced the coping capacity and space of monetary policy. The Central Economic Work Conference that ended yesterday released a series of positive signals. The relevant person in charge of the Monetary Policy Department of the People's Bank of China said that the Central Economic Work Conference changed the orientation of monetary policy from "moderate" to "moderately loose" next year, and made it clear that more active and promising macro policies would be implemented, highlighting the determination of policies to promote economic recovery. Zou Lan, director of the Monetary Policy Department of the People's Bank of China, said that the implementation of moderately loose monetary policy is also the embodiment of countercyclical adjustment. At present, the adverse effects brought by changes in the external environment have deepened, and China's economic operation still faces many difficulties and challenges. The moderately loose monetary policy orientation has enhanced the ability and space for monetary policy to cope. (CCTV News)

India's domestic passenger car sales in November totaled 347,522.The central bank's open market will have 1.45 trillion yuan of MLF and 538.5 billion yuan of reverse repurchase due next week. This week, the central bank's open market has carried out 538.5 billion yuan of reverse repurchase operations. Due to the expiration of 354.1 billion yuan of reverse repurchase, the net investment for the whole week is 184.4 billion yuan. The data shows that there will be 538.5 billion yuan of reverse repurchase due in the open market of the central bank next week, including 47.1 billion yuan, 141.6 billion yuan, 78.6 billion yuan, 66.1 billion yuan and 205.1 billion yuan due from Monday to Friday respectively. In addition, there will be 1.45 trillion yuan of MLF and 120 billion yuan of treasury cash deposits due next Monday.["Shanghai housing subsidy of 300,000 yuan" and "down payment of 20,000 yuan for 1.8 million hardcover existing houses"? Rumor has come] Recently, there have been a number of housing advertisements on the short video platform. The agent who released the housing claimed that he could receive the "housing subsidy" when buying a house in Shanghai, with the amount ranging from 200,000 yuan to 300,000 yuan. An intermediary declared: "Shanghai Songjiang New Town has a total price of 760,000 yuan and a housing subsidy of 250,000 yuan." "After receiving the subsidy, you can buy a 78-square-meter house with a down payment of 50,000 yuan." There is also an intermediary who claims: "The minimum payment can be only 20,000 yuan, and you can buy a finely decorated existing house with a total price of 1.8 million yuan." The reporter consulted a number of intermediaries and learned that the so-called "purchase subsidies" appearing in short videos are not government subsidies, but gimmicks. When the house-watchers consult subsidies on the spot, different intermediaries will have different calibers. Usually, there are three routines-one is to raise the price first and then lower the price. Second, the so-called "subsidy" is actually that developers lend money to buyers to pay down payment, and buyers have to pay interest. Third, the commission returned by the intermediary to the buyers is packaged as a "subsidy". (Shanghai rumor platform)