Prudential is said to be considering selling about 30% of Hanya.South Korea's largest opposition party reported to the National Assembly the impeachment cases against the police chief and the minister of justice. On the 10th local time, the Common Democratic Party, the largest opposition party in South Korea, reported the impeachment cases against the police chief Zhao Zhihao and the minister of justice Park Seung-jae. (CCTV News)Investors asked the Bank of India to allow the sale of national bonds as zero coupon bond. According to people familiar with the matter, investors urged the Bank of India to allow the state government debt to be converted into zero-coupon bonds. At a recent meeting with the Bank of India, insurance companies dominated the demand for facilities to register interest on national bonds and separate transactions of securities principal (STRIPS). Currently, the Reserve Bank of India only provides this function for federal debt. STRIPS is a popular product in the United States and other developed markets. It was first released in India in 2010, but it has little effect. However, in recent years, the demand for long-term savings products has increased and sales have surged. One of the people familiar with the matter said that allowing state bills to be converted into so-called divested bonds would give investors an additional spread of 30 to 40 basis points higher than that of similar federal securities. State bonds are illiquid and are usually sold at a higher yield than central government bonds.
Hang Seng Index rose 0.9%, led by Meituan. The Hang Seng Index rose 0.9% to 20,605.48 in Hong Kong for three consecutive days. Meituan contributed the most to the index rise, rising by 2.2%. Geely Automobile Holdings Co., Ltd. gained the most, rising by 3.5%. In midday trading, 55 of 83 stocks rose and 24 fell; All stocks rose, led by industrial and commercial stocks.An explosion in a fuel depot in Italy caused 2 deaths and 9 injuries. It is reported that on the 9th local time, an explosion occurred in a fuel depot in Karenzano, Florence, central Italy, killing 2 people, leaving 3 missing and 9 injured.The yield of China's 10-year treasury bonds continued to hit a new low, and the increase of treasury bonds futures expanded in the afternoon. The yield of China's 10-year treasury bonds in 240011 fell below 1.85% by 5.60 basis points to 1.8490%, hitting a new low. In terms of treasury bond futures, the 30-year main contract rose by 1.40%, the 10-year main contract rose by 0.67%, and the 5-year main contract rose by 0.43%, all hitting record highs; The 2-year main contract rose by 0.15%.
Chongqing State-owned Assets Supervision and Administration Commission: Resolutely lay a solid foundation for comprehensively deepening the reform of state-owned enterprises and accelerate strategic restructuring and professional integration. Chongqing State-owned Assets Supervision and Administration Commission officially announced today that on December 9, Chongqing State-owned Assets Supervision and Administration Commission held a December 2024 economic operation scheduling meeting for municipal key state-owned enterprises. The meeting stressed that it is necessary to resolutely fight a tough battle to comprehensively deepen the reform of state-owned enterprises in light of the landmark achievements of the "five new breakthroughs." It is necessary to promote the reshaping of the main business of the group to achieve a "new breakthrough", focus on the reshaping of the main business of the group, further sort out the business of the sub-enterprises, effectively support the core functions and main business of the group, and enhance the core competitiveness; Promote "new breakthroughs" in stopping losses and controlling losses, further promote structural adjustment, reduce costs and increase efficiency, and revitalize assets, and strive to control the losses of municipal state-owned enterprises at the target ratio by the end of the year; Promote slimming and fitness to achieve a "new breakthrough", accelerate strategic restructuring and professional integration, and accelerate the reduction of the number of legal entities and reduce the management level of enterprises in accordance with the requirements of reduction. It is necessary to focus on the most realistic and urgent problems that restrict high-quality development, and promote state-owned state-owned enterprises to further comprehensively deepen reforms.Ministry of Agriculture and Rural Affairs: China's rescue protection of endangered and rare crops resources has achieved remarkable results. On December 10th, the Ministry of Agriculture and Rural Affairs held a press conference to introduce the national survey of agricultural germplasm resources. Liu Xu, academician of China Academy of Engineering and leader of the expert group of the third national survey of crop germplasm resources, said at the meeting that the rescue protection of endangered rare resources found in the survey had achieved remarkable results. (CCTV News)On December 10th, it was reported that Yizi International, a snack and candy company, was exploring the acquisition of Hershey, a well-known chocolate manufacturer in the United States. This potential transaction is expected to create a food giant with a total sales of nearly $50 billion. People familiar with the matter said that Yizi had made preliminary contact on a possible merger. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey. People familiar with the matter said that the consultation was at an early stage and it was uncertain whether an agreement would be reached.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13