French President's Office: The appointment of the Prime Minister was postponed until Friday morning.Market News: Russia has established direct contacts with the Political Committee of the Sharm el-Liberation Organization, and these contacts are constructive.Morgan stanley capital international's MSCI Nordic Countries Index fell 0.4% to 381.97. Evolution AB Group, an online gambling operator, fell 3.4%, which was the worst among the constituent stocks.
Market News: Volkswagen Audi will stop production in Brussels before February 28th.Fitch: The possible trade policy changes after the results of the 2024 election in the United States will bring risks in 2025 and may reduce the demand for shipping companies.The overall implementation of the personal pension system is more optimized. After two years of implementation in 36 cities (regions), the personal pension system will be officially launched nationwide on December 15th. On December 12th, Ministry of Human Resources and Social Security, Ministry of Finance, State Taxation Administration of The People's Republic of China, State Financial Supervision and Administration Bureau, China Securities Regulatory Commission and other five departments issued the Notice on Full Implementation of Individual Pension System, which made it clear that from December 15th, 2024, all workers who participated in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the individual pension system. China Securities Regulatory Commission said that the promulgation and implementation of the Notice is an important measure to implement the spirit of the 20th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Committee and accelerate the development of a multi-level and multi-pillar old-age security system, which is conducive to giving full play to the wealth management function of the capital market and building a sound policy system of "long money and long investment". At the same time, according to the requirements of the Notice, the China Securities Regulatory Commission timely optimized the product supply and included the first batch of 85 equity index funds in the personal pension investment product catalogue. Lou Feipeng, a researcher at China Postal Savings Bank, said that the Notice put forward targeted measures based on the situation encountered in the pilot, enriching the types of personal pension products, increasing the situation of receiving personal pensions in advance and effectively improving the personal pension system on the basis of the previous pilot, which will help attract investors to actively participate in personal pension-related investments. (Securities Daily)
Market News: HSBC evaluates the retail banking business outside the UK and Hong Kong.Western Digital's share price fell rapidly to 4%. Seagate technology turned down. Micron's decline expanded to 3.6%.BlackRock advises investors interested in bitcoin to allocate up to 2% bitcoin weight in their portfolios.
Strategy guide 12-14
Strategy guide