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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%.Mei Ansen signed a strategic cooperation agreement with Shuguang Network Technology Co., Ltd. According to Mei Ansen, recently, Mei Ansen and Shuguang Network Technology Co., Ltd. held a strategic cooperation signing ceremony in Chongqing. The two sides reached a strategic cooperation to jointly build smart mine bases and comprehensive solutions. Shuguang Network Technology Co., Ltd. is a holding subsidiary of Zhongke Shuguang (603019).Zuckerberg is reported to have donated $1 million to Trump's inauguration fund. Zuckerberg's donation is the latest move to strengthen relations with Trump.

The personal pension system with national debt and index funds included in the product range was implemented nationwide on 15th, and the Ministry of Human Resources and Social Security, the Ministry of Finance, State Taxation Administration of The People's Republic of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission issued the Notice on the Full Implementation of the Personal Pension System. The Notice makes it clear that from December 15th, 2024, all workers who participate in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the personal pension system. The Circular stipulates that on the basis of existing wealth management products, savings deposits, commercial old-age insurance and Public Offering of Fund products, national debt, specific old-age savings and index funds will be included in the scope of personal pension products. Encourage financial institutions to research and develop financial products such as personal pension savings, medium and low volatility or absolute income strategic fund products that meet the long-term pension needs, and reasonably determine the term and interest rate of personal pension savings. Financial institutions should do a good job in publicizing the asset allocation of personal pension products, carry out investment consulting services according to laws and regulations, and explore the default investment services. Strengthen the protection of financial consumers and investors, and guarantee the participants' right to know and choose independently.Xia Yiping, CEO of Extreme Vietnam, was surrounded by employees of Extreme Vietnam in the Shanghai office. On December 12th, Xia Yiping, CEO of Extreme Vietnam, was surrounded by employees of Extreme Vietnam in the Shanghai office. Xia Yiping said: "We are actively solving the problem. I hope everyone will give some time." At present, there are relevant departments at the Shanghai headquarters of Extreme Vietnam to maintain order at the scene. (per meridian)Shanghai Minhang issued 50 opinions to promote high-quality industrial development and strengthen high-quality financial empowerment. The Minhang District People's Government of Shanghai issued the Policy Opinions on High-quality Industrial Development in Minhang District (Trial) on December 12, aiming at improving the basic industrial capacity and the modernization level of industrial chain, accelerating the concentration of various advanced production factors to the development of new-quality productive forces, and promoting the high-quality industrial development in Minhang District. The opinion proposes to strengthen the empowerment of high-quality finance, form a 30 billion yuan "special loan for high-quality development of enterprises in Minhang District", give preferential interest rates to loans, and give subsidies according to a certain proportion of loan interest. Form a credit line of 20 billion yuan "Minhang District Special Loan for Supporting New Infrastructure Construction" to give gradient support to various fixed assets projects.

Market News: NVIDIA has increased its recruitment in China, focusing on artificial intelligence to drive cars.Daiwa Capital Market raised the target price of Tesla from $285 to $420.The employees of Extreme Vietnam discussed with CEO Xia Yiping that on the morning of December 12, CEO Xia Yiping of Extreme Vietnam was surrounded by many employees in the office of the company headquarters, and some internal employees broadcast the scene live online. The reporter learned that the employees "besieged" Xia Yiping, and there were four main demands, namely, the employees' social security, medical insurance and provident fund in October and November this year, the salary, five insurances and one gold in December this year, and the "N+1" compensation for employees on the day of resignation, and the completion of the employee settlement process. At the scene, some employees asked the company to settle their wages today because they were worried about Xia Yiping's "running away", otherwise they needed to detain Xia Yiping's ID card and passport. The reporter was informed that last night, many departments in Vietnam announced the dissolution on the spot, such as the delivery department; Some domestic stores have suspended business when they heard the news. At the same time, Xia Yiping also mentioned in his internal staff speech yesterday that employees' social security payment will be suspended in November and their wages will be delayed in December. For employees who voluntarily leave their jobs, the compensation standard given by Ji Yue is "N+1", but no specific compensation schedule is given. (Yicai)