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Pan Gongsheng, Governor of the People's Bank of China, met with the heads of relevant international economic organizations. On December 8-10, 2024, Pan Gongsheng, Governor of the People's Bank of China, met with the heads of international economic organizations such as Georgieva, President of the International Monetary Fund, Carstens, Chairman of the Financial Stability Board, and Peng Anjie, President of the World Bank, who came to Beijing to attend the "1+10" Dialogue, and exchanged views on China and the global economic situation, and China's cooperation with relevant international economic organizations. Xuan Chang, Vice Governor of China People's Bank, was able to attend the meeting.Russian State Duma official: Russia will carry out relevant work on the issue of military bases in Syria. Andrei Kartapolov, chairman of the National Defense Committee of the Russian State Duma (lower house of parliament), said in an interview with the media that the agreement between Russia and Syria on Russian military bases in Syria was signed in 2017. According to its content, the Russian military base can operate in Syria for 49 years. He pointed out that the new Syrian leadership should consider this bilateral document. Experts from the Russian Ministry of Foreign Affairs will carry out relevant work on this matter. At this stage, the Ministry of National Defense is still unable to express its position on the base issue. At present, the Russian troops stationed in Syria continue to perform their tasks.Seventy-seven Nobel laureates jointly opposed Trump's nomination of the Minister of Health and Human Services. On the 9th, local time in the United States, 77 Nobel laureates signed an open letter that day, urging the Senate not to approve George W. Robert Kennedy as the Secretary of Health and Human Services (HHS).

The field turnover of the 20th Changsha International Auto Show exceeded 5 billion yuan, and the 20th China (Changsha) International Automobile Expo (referred to as "Changsha International Auto Show") closed on December 9th. According to the latest data released by the organizing Committee on the 10th, the on-site turnover was 21,810 units, with the on-site turnover reaching 5.029 billion yuan. (China News Network)Eric Trump: Trump Group may participate in a project in Abu Dhabi at some point. Projects in Saudi Arabia may include Trump International Hotel. I don't think Trump-related enterprises will directly do projects with the government, and there may be conflicts of interest.Citic Lyon: We are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange, but we should pay attention to the fluctuation of H shares of Chinese brokers. Citic Lyon issued a report saying that we are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange (00388.HK), and noted that china galaxy (06881.HK) is highly sensitive to the transaction costs of A-share securities. Citic Lyon expects that the A-share trading volume will remain stable in 2025 with the support of favorable liquidity, ETF growth and structural shift of household balance sheets to financial assets, but the bank reminds investors to pay attention to the recent excessive fluctuation risk of H-share brokers.

FTSE China A50 index futures fell to 3.5%.The net sales of southbound funds reached 6 billion yuan.Moody's: The Reserve Bank of Australia may cut interest rates in May next year or ahead of schedule. After the Reserve Bank of Australia issued its December policy interest rate statement, Moody's analyst Harry Murphy Cruise said that the Reserve Bank of Australia may cut interest rates ahead of schedule. The Reserve Bank of Australia did not change its cash interest rate earlier today, but the tone was obviously more moderate. The Committee removed the statement that "no possibility is ruled out" and actually ruled out the possibility of raising interest rates. Australia's potential inflation rate will drop to 3.4% in the fourth quarter of this year, equivalent to an annualized rate of 2.9%. Although this may cause the Reserve Bank of Australia to cut interest rates in February. However, if the annualized inflation rate in the first quarter is lower than 3%, it may not meet the Committee's standard of "sustainable" inflation moving closer to the target range.