Ping An, China: From January to November, the accumulated property insurance premium income was 292.3 billion yuan.China Securities Association: Let the margin financing and securities lending business truly become a powerful tool to serve the people's wealth growth and promote the healthy development of the capital market. On December 6, 2024, China Securities Association held a plenary meeting of the professional committee on margin financing and securities lending business in Chongqing. The meeting emphasized that industry organizations should give full play to the functional role of margin financing and securities lending business, strictly implement relevant regulatory requirements, optimize business processes, improve institutional systems, provide quality services to customers, always bear in mind the people-oriented principle, and put the protection of investors' legitimate rights and interests at the core, so that margin financing and securities lending business can truly become a powerful tool to serve the wealth growth of the people and promote the healthy development of the capital market. The meeting summarized the key work of the Committee in 2024 and discussed the work plan for the next stage. In the next step, the Committee will further play a professional and "handle affairs, discuss and communicate" platform role to jointly promote the high-quality development of margin trading and securities lending business.Yili shares: invested 130 million yuan to set up Anhui Jianwei Seed Fund. Yili shares announced that the company's wholly-owned limited partnerships, Jianwei Capital, Jianwei Seed Fund, Jianwei Parent Fund and Anhui Seed Fund jointly invested to set up Anhui Jianwei Seed Fund, with a total subscribed capital of 200 million yuan, and the company's wholly-owned limited partnerships contributed a total of 130 million yuan. The partnership term of the partnership enterprise is 12 years, and the fund can be extended twice for 1 year at the expiration of the term. The investment direction is mainly for the top ten emerging industries in Anhui Province, the future industries in the layout of new industries in various cities in the province and other key industries developed by the municipal government, focusing on small and medium-sized scientific and technological innovative enterprises with certain scientific and technological content and relatively new business models.
Zhejiang Securities Regulatory Bureau: issued a warning letter to Hangzhou Huayu Frequent Private Equity Fund Co., Ltd. On December 13, the website of Zhejiang Securities Regulatory Bureau issued a decision on taking measures to issue a warning letter to Hangzhou Huayu Frequent Private Equity Fund Co., Ltd. After investigation, the company has the following behaviors in carrying out private equity fund business: 1. There are irregularities in the appropriate materials of fund products managed by investors, and the company has not made further audit; Second, the risk control review process of related party transactions is not perfect. The above behavior violates the first paragraph of Article 4 of the Interim Measures for the Supervision and Administration of Private Investment Funds (Order No.105 of the CSRC). According to the provisions of Article 33 of the Interim Measures for the Supervision and Administration of Private Investment Funds, Zhejiang Securities Regulatory Bureau decided to issue a warning letter to the company and record it in the integrity file of the securities and futures market.Alipay launched the commercial insurance code, and the first batch has been connected to Taikang and Zhongan medical insurance. On December 13th, Alipay launched the commercial insurance code. This means that after the patient has paid the medical insurance for hospitalization, if it needs to be supplemented, he can directly use the business insurance code to apply for prepayment of hospitalization expenses, and then initiate reimbursement claims to the insurance company. At present, users can open this service by searching for "business insurance code" on Alipay, and can apply for medical treatment quota according to the prompts. The first phase of the commercial insurance code has covered the mainstream millions of medical insurance under Taikang Online and Zhongan Online, and will cover more insurance institutions and insurance types in the future.Azure lithium battery: Robot/dog is the application field of lithium battery that the company pays close attention to. At present, only a few shipments are used in this field. Robot/dog is the application field of lithium battery that the company pays close attention to. At present, only a few shipments are used in this field, accounting for a small proportion. At present, power tools, cleaning appliances and electric motorcycles are the main applications.
Du Zhaocai, former deputy director of the State Sports General Administration, was sentenced to 14 years' imprisonment and fined 4 million yuan. On December 13, 2024, Wuhan Intermediate People's Court of Hubei Province publicly pronounced the bribery case of Du Zhaocai, former party member and deputy director of the State Sports General Administration and former party secretary and vice chairman of the Chinese Football Association, and sentenced the defendant Du Zhaocai to 14 years' imprisonment and fined 4 million yuan. The property and fruits of his crime shall be recovered according to law and turned over to the state treasury. It was found through trial that from 2012 to 2022, the defendant Du Zhaocai took advantage of his position as Party Secretary and Director of the Athletics Management Center of the State Sports General Administration, Vice Chairman and Secretary General of the Chinese Athletics Association, member of the Party Committee of the State Sports General Administration, assistant to the director, deputy director, and Party Secretary and Vice Chairman of the Chinese Football Association to provide assistance to relevant units and individuals in matters such as event hosting, personnel arrangement, player transfer, etc., and illegally accepted other people's property totaling RMB 4,341. (CCTV News)Before the US stock market: China ETF-Direxion fell by nearly 4% and Broadcom rose by about 14% when it was three times richer. Before the US stock market, China Stock Exchange fell by about 3% and Pinduoduo fell by about 1%. Broadcom rose by about 14%, the company's Q4 profit exceeded expectations, and AI revenue in the whole fiscal year doubled by 220%.A number of officials from Turkey and Qatar will visit Syria to meet with the Syrian transitional government. On the 12th local time, the Syrian Ministry of Information announced that the Turkish Foreign Minister, the head of the intelligence department and the head of Qatar's national security department will visit Syria and meet with the leader of the Sharm el-Liberation Organization, Giulani, and the caretaker Prime Minister of the Syrian transitional government, Bashir. Up to now, Turkish and Qatar officials have not announced relevant news.