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2024-12-13 04:12:52

Australia's business confidence has fallen sharply, and the economic outlook is not optimistic. Australia's business confidence index fell sharply in November, and the current situation index measuring employment, sales and profitability has further weakened, once again indicating that the private sector in the economy is facing heavy pressure. According to a survey released by the National Bank of Australia on Tuesday, the business confidence index dropped by 8 points to -3, reversing the gains in October. The status quo index dropped from 7 to 2. "Overall, the survey shows that growth continued to be weak in the fourth quarter," the bank said in the report. As the capacity utilization rate is still above average, it may take more time for price pressure to fully return to normal. The Reserve Bank of Australia will announce its last interest rate decision this year in a few hours, and it is almost certain that the policy interest rate will remain at a 13-year high of 4.35%. Last week's data showed that Australia's GDP was weak again in the third quarter, prompting traders to advance their expectations of interest rate cuts from May next year to April.FTSE China A50 index futures rose 0.75% at the beginning, and closed up 0.84% in the last trading day and night.Chenglian Branch: In November, the retail sales of domestic narrow passenger car market reached 2.424 million, up 16.6% year-on-year. On December 10th, according to the latest retail sales statistics of china automobile dealers association Passenger Car Market Information Branch, the retail sales of domestic narrow passenger car market reached 2.424 million in November, up 16.6% year-on-year and 7.2% quarter-on-quarter. From January to November, the cumulative sales volume was 20.258 million vehicles, a year-on-year increase of 4.7%.


59 Hong Kong stocks were repurchased by the company yesterday, with Tencent Holdings, AIA and Aauto Quicker having the largest amount of repurchase. On December 9, a total of 59 Hong Kong stocks were repurchased by the company, and the amount of repurchase of 11 stocks exceeded HK$ 10 million. Among them, Tencent Holdings, AIA and Aauto Quicker -W have the largest repurchase amounts, with the repurchase amounts of HK$ 701 million, HK$ 61.927 million and HK$ 48.4189 million respectively.Xinhua Commentary: China's monetary policy has changed from "prudent" to "moderately loose" to send a positive signal. The commentary published by Xinhua News Agency on the 10th pointed out that the the Political Bureau of the Communist Party of China (CPC) Central Committee Conference held on the 9th analyzed and studied the economic work in 2025, in which the expression of monetary policy attracted people's attention. After a lapse of more than 10 years, the change of monetary policy orientation to "moderately loose" once again reflects the supportive monetary policy stance and sends a positive signal, which will strongly boost the confidence of all parties and help China's economy recover. The change of monetary policy is always closely related to a country's macroeconomic situation. This time, Politburo meeting of the Chinese Communist Party made it clear that the monetary policy will be "moderately loose" next year, not only because of the analysis and judgment of the current economic situation, but also because of the planning and consideration of the economic work next year. The timely adjustment of "loose is loose, tight is tight" will create a good monetary and financial environment for stable economic growth and high-quality development next year. From "steady" to "moderately loose", the change is the tightness of monetary policy, which is directly related to the blood of funds in the real economy. "Moderately loose" monetary policy means a reasonable money supply, a low interest rate and a relatively loose monetary and credit environment, which is conducive to further increasing financial support for key areas and weak links, guiding more funds to invest in scientific and technological innovation, people's livelihood consumption and other fields, promoting consumption and expanding investment, and better stimulating the endogenous motivation and innovation vitality of the whole society. From "steady" to "moderately loose", what remains unchanged is the supportive monetary policy stance. Since the beginning of this year, monetary policy has increased countercyclical adjustment in a timely manner. Although the tone of this year's monetary policy is "stable", on the whole, the monetary policy is flexible and moderate in implementation, and the market generally feels that China's monetary policy is in a stable and slightly loose state. The "moderately loose" monetary policy orientation next year can better reflect the "supportive" monetary policy stance. The combination of the two will further maintain a reasonable and sufficient liquidity, reduce the comprehensive financing cost of enterprises and residents, and provide financial support for the sustained economic recovery. At present, the expected change has become an important factor affecting the economic operation, and it is helpful to guide the expectation to make clear the monetary policy orientation next year in time. Externally, the international environment will become more complicated and severe next year; Internally, China's development faces many uncertainties and challenges. At this point, clarifying the monetary policy for next year, responding to market concerns, and releasing a clear signal will help promote China's sustained economic recovery. (Xinhua News Agency)Tencent Video announced that it will adjust the rights and interests of VIP devices, and the rights and interests of old members will remain unchanged. Tencent Video released a statement on the adjustment of member rights and interests, saying that it will adjust the rights and interests of Tencent Video VIP devices from December 16, 2024. Tencent video VIP members who purchase, collect and activate after 0:00 on December 16th, 2024 can log in with 3 devices and play with 1 device at the same time within the validity period of this order member. Tencent Video said that the rights and interests of VIP old members remain unchanged: Tencent video VIP members who have subscribed for a continuous monthly/quarterly/annual subscription before December 16, 2024, if they continue to subscribe, will enjoy the rights of logging in 5 devices and playing 2 devices at the same time. Tencent video VIP members who purchase, collect and activate monthly/seasonal/annual cards before December 16th, 2024 can also enjoy the rights of logging in 5 devices and playing 2 devices at the same time within the validity period of this order member. Tencent video SVIP membership rights are not affected by this adjustment and remain unchanged.


Guangdong: Build and improve the integrated motor vehicle emission monitoring system of "heaven, earth and drivers". By the end of 2025, the coverage rate of remote sensing monitoring of diesel vehicles will reach over 60%. The Guangdong Provincial People's Government issued an action plan for continuous improvement of air quality in Guangdong Province to strictly control motor vehicle emissions. Strengthen the supervision and inspection of the environmental protection standards and information disclosure of new cars, and realize the full coverage of new production trucks. During the periodic inspection of motor vehicle emissions, the evaporative emission control of gasoline vehicles is tested. Strengthen the supervision of motor vehicle emission inspection agencies, and actively explore technologies such as raw data storage and data encryption transmission to prevent motor vehicle emission inspection agencies from cheating. We will build and improve the integrated motor vehicle emission monitoring system of "heaven, earth and drivers", and the coverage rate of remote sensing monitoring of diesel vehicles will reach over 60% by the end of 2025. Strengthen the home inspection of major car users whose remote sensing monitoring rate exceeds 10%, and severely crack down on illegal activities such as dismantling exhaust aftertreatment devices and destroying and tampering with on-board diagnostic systems (OBD). Organize the remote sensing monitoring, supervision and inspection of motor vehicle emissions, strictly implement the system of motor vehicle emission inspection and compulsory maintenance, strengthen the joint supervision and law enforcement of motor vehicles that exceed the standard, and basically eliminate the phenomenon of "black smoke" from motor vehicles.South Korea's stock market rebounded after its market value evaporated by $100 billion due to the political crisis. South Korea's stock market rebounded on Tuesday, which was the first rise since the martial law storm caused the country to fall into political turmoil last week. South Korea's Kospi index rose more than 2% in early trading, after its recent decline pushed it to the edge of a bear market. The Kosdaq small-cap stock index rose more than 4%. In the four trading days as of Monday, the total market value of these two index companies evaporated by $100 billion. South Korean authorities have repeatedly promised to take all measures to stabilize market sentiment, saying that the recent market trend is "excessive" considering the country's economic fundamentals. President Yin Xiyue survived the parliamentary impeachment vote over the weekend, but the opposition party vowed to continue to push him to step down.Guangdong: fully implement the source substitution of raw and auxiliary materials with low (no) VOCs content. The Guangdong Provincial People's Government issued an action plan for continuous improvement of air quality in Guangdong Province, and fully implement the source substitution of raw and auxiliary materials with low (no) VOCs content. Fully promote the use of raw and auxiliary materials with low (no) VOCs content, implement source substitution projects, increase the substitution of raw and auxiliary materials with low (no) VOCs content in industrial painting, packaging and printing and electronics industries, and increase the protection of outdoor structures and the promotion and use of low (no) VOCs content coatings for urban road traffic signs.

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