digital currency consulting- Top Block

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.Prime Minister of Thailand: It is estimated that the GDP growth rate will exceed 3% in the fourth quarter.What is the significance of index funds being included in the list of individual pension funds? E Fund: To build an ecology of "long money and long investment", E Fund said that personal pensions will be rolled out nationwide. First, personal pensions will benefit more residents, which will help raise residents' awareness of pension reserves and promote pension planning and investment concepts to be more deeply rooted in the hearts of the people. Second, it is conducive to further improving the multi-level and multi-pillar pension system and promoting the sustainable development of China's pension system. Third, it is expected to bring more medium and long-term funds to the capital market and help the high-quality development of the financial market.

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)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)Hua Fu Securities completed the capital increase and share expansion of over 4.7 billion yuan, and the Shanghai United Assets and Equity Exchange issued a closing announcement: the capital increase and share expansion project of Hua Fu Securities was launched. There were 17 participants in this capital increase, including 4 original shareholder units and 13 new investors, with a total investment of about 4.757 billion yuan. According to China, a brokerage firm, Hua Fu Securities' capital increase and share expansion has attracted wide attention in the market, becoming the largest equity financing case in the securities industry this year.

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)The International Monetary Fund reviewed the funding of 808.5 million US dollars for Cô te d 'Ivoire, and the Executive Board of the International Monetary Fund has completed the review of its loan arrangement with Cô te d 'Ivoire. The IMF indicated that about $808.5 million could be allocated under the EFF/ECF and RSF arrangements immediately after the review.Afternoon comments on Hong Kong stocks: Hang Seng Index rose by 1.72%, Hang Seng Technology Index rose by 2.55%, Hong Kong stocks closed at noon, Hang Seng Index rose by 1.72% and Hang Seng Technology Index rose by 2.55%. Chinese brokerage stocks and consumer stocks were among the top gainers, with China Merchants Securities, Mengniu Dairy and Tongcheng Travel up over 7% and over 5% respectively.