Category: Flash News

On December 21st, a car collision incident occurred at a festival market in Magdeburg, the capital of Saxony Anhalt, Germany, on the evening of the 20th local time. It is reported that a car drove towards the direction of the city hall and deliberately collided with pedestrians, causing panic and panic among the public. According to the police, the accident has resulted in one death and 70 injuries, including 15 serious injuries. (CCTV News)

On December 21st, Spanish Foreign Minister Alvarez announced on December 20th local time that Spain has officially approved an application to grant political asylum to Venezuelan opposition leader Edmundo Gonzalez, who will receive notification in the coming days. (CCTV News)

On December 21st, Amy Pope, Director General of the International Organization for Migration, issued a statement stating that the impact of the conflict in Syria is evident everywhere. More than 16 million Syrians urgently need humanitarian assistance, over 6 million have left the country, and 7.2 million are still internally displaced. The International Organization for Migration predicts that the number of people returning will be higher than expected. The statement states that over 90% of Syria’s population lives below the poverty line. In recent weeks, an additional 800000 people have been displaced. In addition, the country is still under sanctions and there is a severe shortage of normal goods. Syria needs various forms of support from the international community. (CCTV News)

On December 21st at 06:00, the Central Meteorological Observatory continued to issue a blue warning for strong winds. It is estimated that from 08:00 on December 21 to 08:00 on December 22, there will be gales of 5 to 6 levels and gusts of 7 to 8 levels in parts of the mountainous region of Xinjiang, northern and eastern Xizang, southern Qinghai, western Sichuan Plateau, western Gansu, eastern Inner Mongolia, northern Hebei, Liaodong Peninsula, Shandong Peninsula, etc; Most of the Yellow Sea, most of the East China Sea, the Taiwan Strait, the waters east of Taiwan, the Bashi Strait, and most of the South China Sea will experience strong winds of 7-8 levels and gusts of 9-10 levels, with the Taiwan Strait experiencing winds of up to 9 levels and gusts of 10-11 levels.

On December 21st, according to US media reports, a delegation of high-level diplomats from the United States met with Ahmed Shara, the leader of the Syrian Sham Liberation Army, in the Syrian capital Damascus on the 20th, and subsequently announced the cancellation of the bounty previously offered for the capture of Shara. (CCTV News)

On December 21, the Office of the United Nations High Commissioner for Human Rights said on the 20th that at least 782 civilians had been killed and more than 1143 injured in El Fasher, the capital of Northern Darfur, Sudan, during the ongoing siege and hostilities. The Office of the United Nations High Commissioner for Human Rights released a report on the same day, saying that in June this year, the conflict significantly escalated. The parties to the conflict engaged in fierce exchanges of fire in residential areas. They not only used civilian homes as military strongholds, but also attacked and looted markets, causing many civilians to die in their homes, markets, near hospitals and on the streets. In addition, there are still thousands of civilians trapped inside the city, unable to evacuate safely and facing a serious threat of indiscriminate attacks.

On December 21st, the final LPR (Loan Market Quotation Rate) for 2024 was released. The People’s Bank of China authorizes the National Interbank Funding Center to announce that on December 20, the 1-year LPR was 3.1%, and the 5-year LPR was 3.6%. The quotations of the two maturity varieties remained unchanged. The Chief Economist of CITIC Securities clearly stated that the recent Central Economic Work Conference has set the tone for the next stage of monetary policy to be “moderately loose”, while also mentioning “timely interest rate cuts and reserve requirement ratio cuts”. There is still room for further LPR cuts. In addition, under the demand for optimizing the quality of LPR quotations, there may be significant room for unilateral downward adjustment of LPR. (Securities Daily)

On December 21st, the CSI A500 Index has shown strong growth momentum since its official release on September 23rd this year. According to data, as of December 20th, the size of 46 CSI A500 funds (only counting main shares) reached 323.628 billion yuan. If various types of shares are included, the number of fund products established around this index has reached 94 (counting different shares). Overall, the majority of the overall size of the CSI A500 fund is composed of ETFs. According to incomplete statistics from reporters, the size of 22 related ETF products reached 235.032 billion yuan, and ETFs from 10 public institutions including Guotai Fund Management Co., Ltd., Southern Fund Management Co., Ltd., and Guangfa Fund Management Co., Ltd. all exceeded 10 billion yuan in size. (Securities Daily)

On December 20th, the annual report released by the US Immigration and Customs Enforcement (ICE) on December 19th showed that a total of 271484 illegal immigrants were deported to nearly 200 countries and regions in the fiscal year 2024, the highest level since 2014. This report covers law enforcement actions in the United States from October 2023 to September 2024. The report points out that most of the repatriated individuals are those who illegally crossed the US Mexico border. (CCTV News)

On December 20th, accounting books are like a company’s “physical examination report”, while accounting firms are the “doctors” who diagnose and diagnose. As the end of the year approaches, the group of listed companies is once again experiencing a “stock exchange wave”. According to incomplete statistics, over a hundred A-share companies have disclosed the matter of changing their accounting firms since December. For the purpose of “changing offices”, most people indicate that it is implemented to further enhance the independence and objectivity of the company’s audit work, taking into account the company’s future business development and demand for audit services. Upon closer examination of the reasons behind it, the impact of the “qualification penalty” is still ongoing, and some companies have decided to “switch offices” after careful consideration due to the suspension of their original audit institutions; Some companies have undergone a “change of office” in accordance with regulations due to the original audit institution’s service exceeding the maximum audit service period stipulated by relevant regulations. But behind the surface, there are also some companies attempting to circumvent strict audit procedures by changing audit firms, or seeking more “friendly” audit opinions. For listed companies, changing accounting firms is a double-edged sword. Industry insiders analyze that on the one hand, regular changes can maintain the independence and objectivity of auditing, and avoid the “tacit understanding” that may arise from long-term cooperation and affect audit quality; On the other hand, frequent changes may also imply differences in accounting treatment or disclosure issues between the company and the original auditing firm, and may even be a case of “changing doctors” to cover up financial problems. (Shanghai Securities News)