Hong Kong held an insurance forum to share the advantages of a global risk management center, and the Hong Kong Insurance Regulatory Authority held the 2024 Asian Insurance Forum at the Hong Kong Convention and Exhibition Center on the 10th. Focusing on "Meeting the Challenges of Global Market Fluctuation", the forum brought together more than 400 professionals from insurance, banking and asset management, regulators, law enforcement agencies and related institutions to share the advantages of Hong Kong as a global risk management center and explore the prospects and challenges of global financial markets. (Xinhua News Agency)Spot gold rose 1% to $2,683.39 per ounce.The central bank will buy more than 4 tons of gold after half a year. Will the price of gold rise? According to the latest data from the Bank of China, the official gold reserve of China at the end of November 2024 was 72.96 million ounces, an increase of 160,000 ounces (about 4.54 tons) compared with the end of October, which means that the People's Bank of China increased its holdings of gold for the first time in half a year. Why did the central bank buy gold again after half a year? What is the trend of the subsequent gold price? Guo Zhongwei, chief analyst of non-ferrous industry in Zhongtai Securities, said in an interview that the uncertainty of the global situation has increased recently, especially Trump is about to officially take office as president of the United States, or the anti-globalization trend has been intensified, thus increasing the instability of the external environment. In this context, increasing gold holdings will help to enhance the security of China's reserve assets. . The market generally believes that the resumption of gold purchase by the Bank of China resonates with the global interest rate cut cycle, and the increase in holdings is significantly higher than the level of the last gold purchase before the suspension, which not only strongly supports the gold price, but also greatly boosts the market's confidence in the market outlook. (The country is a through train)
Market News: Siemens Medical AG acquires Advanced Accelerator Applied Molecular Imaging Company.Lvkang Biochemical: The transaction price of selling 9.7768% equity of Pucheng Rural Credit Cooperative was 23.27 million yuan. Lvkang Biochemical announced that the company held the board of directors and the board of supervisors on December 9, 2024, and deliberated and passed the proposal of selling 9.7768% equity of Pucheng Rural Credit Cooperative. The equity will be transferred to Fujian Putan Thermal Energy Co., Ltd. at a transfer price of 23.27 million yuan. After the transaction is completed, the company will no longer hold the equity of Pucheng Rural Credit Cooperative. The transaction still needs to be approved by the financial supervision department and submitted to the shareholders' meeting for deliberation.Luoyang Molybdenum Industry: Luo Yunxiang was elected as the employee representative supervisor. Luoyang Molybdenum Industry (03993) announced that the seventh board of supervisors of the company recently received a written resignation report from Mr. Li Hongwei. Mr. Li Hongwei applied to resign as a supervisor of the company due to job adjustment.
The Russian State Duma passed a bill on first reading to remove the Taliban from the list of Russian terrorist organizations. On December 10, local time, the Russian State Duma (lower house of parliament) passed a bill on first reading, which can remove the Taliban from the list of Russian terrorist organizations. (CCTV News)EUR/GBP fell 0.3% to 0.8249, the lowest point since March 2022.Jingu shares: Avatar's low-carbon wheel project was supported by ultra-long-term special national debt funds. According to Jingu shares, recently, the National Development and Reform Commission issued the list of the second batch of ultra-long-term special national debt funds to support equipment renewal projects in 2024. The Avatar low-carbon wheel production line project of Jingu Co., Ltd. received this batch of ultra-long-term special national debt of 32.17 million yuan, which was funded by the central government.
Strategy guide
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Strategy guide