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Foreign media survey: the Korean economy is expected to grow by 1.7% in the fourth quarter of 2024, compared with the previous estimate of 1.8%; In the first quarter of 2025, GDP is expected to increase by 1% year-on-year, compared with the previous estimate of 1.1%.The number of individual pension accounts in China has exceeded 70 million. The latest data shows that the number of individual pension accounts in China has exceeded 70 million, and the number of products available for investment has reached 836. The supervision pointed out that participating in personal pension investment can meet the diverse needs of the people for old-age security. First of all, personal pension investment can enjoy national tax incentives and financial industry fees, and improve the level of pension reserves. Secondly, the personal pension is operated by a professional and mature asset management institution, which can help the pension assets in the personal pension account realize long-term appreciation. At the same time, the personal pension fund is special, which can help individuals to accumulate compulsorily and better protect retirement.Thai Prime Minister: Will build houses for low-income people; The government will provide soft loans for community enterprises.

CSRC: Optimize the supply of products in time and include the first batch of index funds in the catalogue of personal pension investment products. Recently, the Ministry of Human Resources and Social Security, the Ministry of Finance, the State Administration of Taxation, the General Administration of Financial Supervision and the CSRC jointly issued the Notice on the Full Implementation of the Personal Pension System (hereinafter referred to as the Notice), and the personal pension system will be extended to the whole country on December 15. Personal pension is long-term, persistent and large-scale. By actively investing in the capital market, it is conducive to sharing the fruits of the development of the real economy and helping to maintain and increase value for a long time. As a representative of professional institutional investors in the capital market, Public Offering of Fund industry has been entrusted to manage all kinds of pension assets over 6 trillion yuan, creating good long-term income and accumulating rich management experience. According to the requirements of the Notice, the CSRC timely optimized the product supply and included the first batch of index funds in the catalogue of personal pension investment products. Subsequently, the CSRC will strengthen the supervision of personal pension investment in Public Offering of Fund, urge Public Offering of Fund managers to continuously improve their management and service capabilities, and better support the high-quality development of personal pensions. (CSRC)Market News: Mossad leaders visited Doha, Qatar, on Wednesday to hold a Gaza negotiation meeting with Qatar's Prime Minister.Foreign media survey: the Korean economy is expected to grow by 1.7% in the fourth quarter of 2024, compared with the previous estimate of 1.8%; In the first quarter of 2025, GDP is expected to increase by 1% year-on-year, compared with the previous estimate of 1.1%.

Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.Openai: the downtime failures of API, CHATGPT and SORA have been basically fixed. We are monitoring the situation to ensure that the downtime is fully resolved.Zhaoyi Innovation established a management consulting company in Zhuhai. According to the enterprise search APP, Zhuhai Lingchuang Management Consulting Co., Ltd. was recently established with a registered capital of 5 million yuan, and its business scope includes: enterprise management consulting. Enterprise survey shows that the company is wholly owned by Zhaoyi Innovation.