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2024-12-14 01:00:52

CICC: It is expected that the central bank will further set up other new monetary instruments in the future. CICC said that on the basis of Politburo meeting of the Chinese Communist Party, the policy objectives and directions of the Central Economic Work Conference have been further stated. For next year's economic goals, after "maintaining stable economic growth", the meeting proposed to "maintain overall stability in employment and prices" and pointed out that "we should pay attention to target guidance and strive to achieve an optimal combination of stable growth, stable employment and reasonable price recovery". In terms of monetary policy, CICC believes that this meeting clearly pointed out that "timely RRR cuts and interest rate cuts". It is expected that in order to meet the government bond issuance, credit supply and seasonal liquidity demand, the RRR cut may be implemented before the Spring Festival, and the interest rate cut may also be gradually promoted with the Fed's interest rate cut. CICC also judged that in the past period, the central bank has established new monetary instruments such as treasury bonds trading tools, securities fund insurance company exchange facilities, and affordable housing refinancing, and its ability to play a role in the stock, bond, real estate and other markets has been strengthened, and other new instruments may be further established in the future. (SSE)Bank of Indonesia: It intervened "quite boldly" when the Indonesian rupiah fell. As the Indonesian rupiah hit a four-month low and approached the key level of 16,000 rupiah to the dollar, the Indonesian central bank intervened more actively in the market on Friday. Edi Susianto, executive director of the Monetary and Asset Securities Management Department of the Bank of Indonesia, said by SMS that in order to maintain market confidence, the central bank entered the spot, domestic non-deliverable forwards (NDF) and national debt markets. The Indonesian rupiah fell 0.4% to 15,994 to the dollar in early trading on Friday, the weakest intraday level since August 8, and the worst weekly performance since mid-November.Market news: Russian troops advance to strategic cities in eastern Ukraine.


South Korea's KOSPI index erased all the declines since the martial law storm.India's NIFTY50 index fell 1% to 24,301.30 points, and India's SENSEX index fell 1% to 80,476.70 points.Turkish regulators will block access to dozens of cryptocurrency exchanges.


In 2024, the actual sales revenue of the console game market in China was 4.488 billion yuan, up 55.13% year-on-year. On December 12th, Tang Jiajun, deputy secretary-general of China Audio-visual and Digital Publishing Association and secretary-general of the Game Working Committee, released the Report on the Survey of the Global Console Game Market in 2024 and the Report on the Protection of Minors in China Game Industry in 2024, which pointed out that the actual sales revenue of the console game market in China in 2024 reached 4.488 billion yuan, up 55% year-on-year. In 2024, the number of console game users in China reached 11,546,300, up 14.05% year-on-year. The launch of the domestic game "Black Myth: Wukong" has greatly increased the market size, user size and even the sales of host equipment in China, and promoted the development of the host game market in China.The concept of Tik Tok continued to strengthen, with the daily limit of Bee Assistant, City Xiangjiang and Ruoyu Chen, and the daily limit of Gravitational Media trying to seal it back, and the technology of moistening and worth buying went up.Japan's final industrial output value in October increased by 2.8% month-on-month and 1.4% year-on-year.

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