mit digital currency initiative snippets

Securities Daily: Vigorously boosting consumption is the focus of the current macro policy. The article said that consumption is the ballast stone for stable economic operation. However, we must also see that residents' consumer confidence still needs to be enhanced. Therefore, it is necessary to take multiple measures simultaneously, constantly consolidate the foundation of consumption growth, enhance residents' willingness and ability to consume, and promote the sustained recovery of the consumer market. First, increase residents' income through multiple channels and improve their spending power. Second, further support the trade-in of consumer goods. Third, promote the upgrading and expansion of service consumption. Promoting consumption is the main starting point for expanding domestic demand, and boosting consumption is the focus of macroeconomic policy. We firmly believe that with the continuous efforts of various policy initiatives, consumer confidence will continue to increase and consumption potential will continue to be released.The situation in Syria has turned around? The airport in Damascus will be reopened after lifting the curfew. On the 11th local time, the Syrian "Sharm Liberation Organization" announced the lifting of the curfew in the capital Damascus since the 8th, and called on the Syrian people to return to work. On the same day, the person in charge of Damascus International Airport said that the airport will be reopened in "the next few days" and flights can be resumed quickly. (CCTV News)Morgan Stanley downgraded Hikvision to equal rating, with a target price of RMB in 36 yuan. Andy Meng, an analyst at Morgan Stanley, was previously rated as over-matched. The target price is 36 yuan RMB, which is up by 14%.

 Foreign investment increased by 9.7% in the first 10 months. China enterprises need multiple supporting escorts to "go global". At present, it has become the general trend for China enterprises to "go global". The data from January to October 2024 recently released by the Ministry of Commerce shows that the amount of foreign direct investment in China's whole industry has increased steadily. Statistics from the Ministry of Commerce and the foreign exchange bureau show that from January to October 2024, China's foreign direct investment in the whole industry was 135.87 billion US dollars, up 9.7% year-on-year. From large-scale infrastructure enterprises to build traffic arteries overseas, to technology companies to set up R&D centers in foreign countries, and then to manufacturers to lay out overseas factories, China enterprises have a wide and in-depth overseas footprint. However, it is worth noting that in the increasingly complex international environment, the support of professional supporting services is very important for China enterprises in the process of "going global". (SSE)Market participants: In 2025, the steel industry may deduce the upstream profit-making logic. At the 2025 China steel market prospect and the annual meeting of "My Steel", whether the profit space of steel enterprises can be enlarged in 2025, whether the supply-side capacity will be withdrawn in an orderly manner, and what factors should be relied on for the long-term development of enterprises have become the minds of many participants. The industry believes that the survival pressure of steel enterprises may be eased in 2025. The upstream supply of iron ore, coke and coking coal will reduce their prices, and the cost of steel enterprises will fall. The market may deduce the upstream profit-making logic. Market participants said that although steel prices are still expected to decline in 2025, the profit margin of steel enterprises may increase. (SSE)

Market News: The United Nations General Assembly adopted a resolution by an overwhelming majority, demanding an immediate and unconditional permanent ceasefire in the Gaza Strip.In November, LP, a financial institution, injected nearly 30 billion yuan into private equity funds. Judging from the latest capital contribution of private equity funds, the reporter learned from Zhizhong Data Technology (Suzhou) Co., Ltd. that in November, the national private equity funds invested 486 pens, with a total capital contribution of 99.761 billion yuan. Judging from the contribution of LP (Limited Partner) with different identities, in November, government funds LP made a total of 178 contributions, with a total contribution of 39.9 billion yuan, accounting for 40%. LP, the industrial investor, contributed a total of 175 transactions, with a total investment of 13 billion yuan. The financial institution LP contributed a total of 29.948 billion yuan, of which the insurance institution LP contributed 16.488 billion yuan, accounting for 55%; Banking institution LP contributed 12.259 billion yuan, accounting for 41%. (Securities Daily)Bank of Brazil: The agent's views on recent financial announcements have significantly affected asset prices and expectations, especially risk premium, inflation expectations and exchange rate.