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The deposit interest rate is declining, and the interbank deposit receipt fund is popular. Under the background of the current downward trend of non-bank interbank deposit interest rate, the interbank deposit receipt rate is relatively more attractive, and the interbank deposit receipt fund has recently gained the popularity of funds. On December 12, Hongta laterite fund announced that the company held a meeting of fund share holders of the 7-day holding fund of Hongta laterite CSI interbank deposit certificate AAA index by means of communication to review the proposal on matters related to the continuous operation of the fund. Previously, the fund had a net asset value of less than 50 million yuan for 60 consecutive working days. However, the fund shares voted at the fund share holders' meeting were less than half of the total fund shares on the equity registration date, and failed to meet the effective meeting conditions. On December 5th, the 7-day holding period of the AAA index of China National Securities Interbank Deposit Certificate also announced the convening of the holders' meeting on the continuous operation of the fund, and the fund manager proposed to continue to operate the fund. (CSI Taurus)Xia Yiping's internal letter was alleged to have been copied from Weilai Li Bin. Xia Yiping, CEO of Jiyue, released an internal letter on the afternoon of 11th, acknowledging that the company was encountering difficulties and needed to adjust immediately. Some netizens pointed out that part of Xia Yiping's internal letter copied the internal letter of Weilai Li Bin in 2023. Xia Yiping's internal letter mentioned that the following four things must be done well in the new entrepreneurial period: 1. Adhere to the long-term investment in core technologies to maintain the leading edge; 2. Strengthen sales and service capacity building to cope with fierce market competition; 3. Merge departments and posts with duplicate functions and change inefficient internal workflow; 4. Reduce projects that cannot improve financial performance in the short term. In 2023, Li Bin's internal letter also mentioned: ensure long-term investment in core key technologies and maintain the leading edge of technology and products; Ensure that sales and service capabilities can cope with fierce market competition; Ensure that 9 core products of 3 brands are listed as scheduled; Organize efficiency improvement, merge redundant departments and posts, change inefficient internal workflow and division of labor, and cancel inefficient posts; Improve the efficiency of resources, postpone and reduce the project investment that can not improve the company's financial performance within 3 years. (Sina Technology)Intel: Breakthrough progress has been made in chip interconnection, and the inter-line capacitance has been reduced by 25%. Recently, Intel OEM announced a major breakthrough in on-chip interconnection technology. The latest subtractive Ruthenium interconnection technology of the company can reduce the inter-line capacitance by up to 25%, effectively improving the on-chip interconnection. According to reports, the subtractive ruthenium interconnection technology has achieved great progress in interconnection miniaturization by using ruthenium, a new, key and alternative metallization material, and using thin film resistivity and airgap. This process does not need an expensive photolithographic air gap exclusion zone around the via, and it can also avoid using a self-aligned via that is selectively etched. When the spacing is less than or equal to 25 nm, the air gap realized by reducing ruthenium interconnection technology can reduce the capacitance between lines by up to 25%, which can be used as a metallization scheme to replace copper damascene process in closely spaced layers. It is reported that this solution is expected to be applied in the future process nodes of Intel OEM. (Sina Technology)

Lan Foan met with World Trade Organization Director-General Ivira. On December 9, 2024, Minister Lan Foan met with World Trade Organization Director-General Ivira in Beijing. The two sides exchanged views on enhancing the transparency of subsidy policy, supporting the operation of global trust funds and maintaining the multilateral trading system.Increase to 6 flights per week. The Shanghai-Riyadh route of China Eastern Airlines will be encrypted soon. It was learned from China Eastern Airlines on December 12 that recently, China Eastern Airlines announced that it will encrypt the direct flight route from Shanghai to Riyadh from 3 flights per week to 6 flights per week from February 21, 2025.India's SENSEX30 index opened 0.06% lower at 81,476.76 points. Among the constituent stocks, State Power of India opened 0.79% higher, Mahengda Information Technology rose 0.56%, and Tata Motors rose 0.5%; In terms of decline, HDFC BANK opened 0.74% lower, Bharti Telecom fell 0.68%, and Unilever of India fell 0.53%.

The deposit interest rate is declining, and the interbank deposit receipt fund is popular. Under the background of the current downward trend of non-bank interbank deposit interest rate, the interbank deposit receipt rate is relatively more attractive, and the interbank deposit receipt fund has recently gained the popularity of funds. On December 12, Hongta laterite fund announced that the company held a meeting of fund share holders of the 7-day holding fund of Hongta laterite CSI interbank deposit certificate AAA index by means of communication to review the proposal on matters related to the continuous operation of the fund. Previously, the fund had a net asset value of less than 50 million yuan for 60 consecutive working days. However, the fund shares voted at the fund share holders' meeting were less than half of the total fund shares on the equity registration date, and failed to meet the effective meeting conditions. On December 5th, the 7-day holding period of the AAA index of China National Securities Interbank Deposit Certificate also announced the convening of the holders' meeting on the continuous operation of the fund, and the fund manager proposed to continue to operate the fund. (CSI Taurus)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)Samsung has lowered its mobile phone production target to 229 million units next year. Samsung Electronics has set a mobile phone production target for 2025, and plans to produce about 229 million smartphones. This goal includes 179.4 million units produced by ourselves and 49.9 million units produced by joint design and manufacturing (JDM). Compared with the initial plan of 237 million units in October this year, this target has been lowered by 7-8 million units, only slightly higher than the shipment forecast for the whole year of 2024.