At the end of November, China's broad money balance increased by 7.1% year-on-year, and the growth rate was basically stable. According to the data released by the People's Bank of China on the 13th, the growth rate of China's broad money (M2) was basically stable at the end of November, and the scale of social financing increased reasonably. In terms of money supply, at the end of November, the balance of broad money (M2) was 311.96 trillion yuan, a year-on-year increase of 7.1%. Excluding the influence of the high base in 2023, the average growth rate of broad money (M2) was 8.6% at the end of November in 2023 and 2024. Maintain a reasonable and sufficient liquidity. In terms of financing scale, at the end of November, the stock of social financing scale was 405.6 trillion yuan, up 7.8% year-on-year, which basically matched the expected targets of economic and social growth and price level. Among them, the balance of RMB loans to the real economy was 251.69 trillion yuan, a year-on-year increase of 7.4%; The balance of government bonds was 79.33 trillion yuan, a year-on-year increase of 15.2%.Yin Xiyue's impeachment case will be voted again today. Korean media analysis: As long as one more ruling party votes in favor, the motion can be passed. The South Korean National Assembly will hold a plenary meeting at 4 pm local time on the 14th to vote on the motion on impeaching President Yin Xiyue. Korean media analysis believes that according to the relevant procedures, the impeachment case needs at least eight ruling party members to "defect" in order to be passed in Congress. At present, seven people have publicly expressed their support, so as long as one more person votes in favor, the motion can be passed. At the same time, the commentary of "Korea Economy" believes that with the impeachment of Yin Xiyue, the concern about the long-term blank in the fields of administration, national defense and public security in South Korea is intensifying. Moreover, with the deepening of various investigations, the scope of the respondents involved may be further expanded. If the relevant impeachment and recall cases are passed, about one-third of the positions of State Councillors will be vacant. The article believes that it is not groundless to worry that this situation may eventually lead to anarchy. In addition, the US and Japanese media are also "worried" about their relations with South Korea. Washington post said that a month ago, Yin Xiyue was still trying to improve his golf skills, hoping to play golf with the incoming US President-elect Trump, which would make a good start for the relationship between the two sides. Now, he is fighting for his political life. (World Wide Web)
What are the main means to stabilize the property market and the stock market in the economic work next year? The National Development and Reform Commission responded that stabilizing the property market and stabilizing the stock market have also been emphasized in recent times, and this Central Economic Work Conference is also clear again. Next, in the economic work next year, what means will we mainly use to stabilize the property market and the stock market? Wu Sa, deputy director of the Institute of Economics of the Macroeconomic Research Institute of the National Development and Reform Commission, said: from September 26th, when our Politburo meeting of the Chinese Communist Party proposed that the stock market should stop falling and stabilize, this time it made further efforts to promote the property market, which further demonstrated the determination and confidence of the central government in stabilizing the stock market and property market. At the same time, there are also a large number of reserved and implemented policies in finance and finance, such as the transformation of villages in cities, which are the focus of good policies.Funds continue to enter the market through the channel. The net subscription of stock ETFs exceeded 36.5 billion in the month. Since December, funds have continued to enter the market through stock ETFs (transactional open index funds). Wind information data shows that as of December 13, the net subscription share of stock ETFs in the month reached 36.543 billion. From the perspective of specific capital flow, broad-based ETFs attract gold strongly, and many CSI A 500 ETFs and CSI 300ETF are actively subscribed by investors. In addition, dividend ETFs are also net subscribed by investors. (Securities Daily)The position ETF--iShares Gold Trust, the world's largest gold ETF, decreased by 4.6 tons compared with the previous trading day, and the current position is 863.9 tons.
Moody's: Political division in France is more likely to hinder meaningful fiscal consolidation.National Bureau of Statistics: Compared with the end of November, the market prices of 50 kinds of important means of production in 9 categories in the national circulation field increased in early December, 23 kinds decreased and 4 kinds remained flat. The National Bureau of Statistics released the market price changes of important means of production in the circulation field in early December 2024: According to the monitoring of the market prices of 50 kinds of important means of production in 9 categories in the national circulation field, compared with the end of November, the prices of 23 kinds of products increased in early December 2024, 23.Nasdaq 100 Index announced the annual adjustment results of constituent stocks: Palantir, MicroStrategy and Axon will be added to the index, while Illumina, supercomputer and Moderna will be removed.
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
12-14