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2024-12-14 10:56:44

The overall implementation of the personal pension system is more optimized. After two years of implementation in 36 cities (regions), the personal pension system will be officially launched nationwide on December 15th. On December 12th, Ministry of Human Resources and Social Security, Ministry of Finance, State Taxation Administration of The People's Republic of China, State Financial Supervision and Administration Bureau, China Securities Regulatory Commission and other five departments issued the Notice on Full Implementation of Individual Pension System, which made it clear that from December 15th, 2024, all workers who participated in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the individual pension system. China Securities Regulatory Commission said that the promulgation and implementation of the Notice is an important measure to implement the spirit of the 20th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Committee and accelerate the development of a multi-level and multi-pillar old-age security system, which is conducive to giving full play to the wealth management function of the capital market and building a sound policy system of "long money and long investment". At the same time, according to the requirements of the Notice, the China Securities Regulatory Commission timely optimized the product supply and included the first batch of 85 equity index funds in the personal pension investment product catalogue. Lou Feipeng, a researcher at China Postal Savings Bank, said that the Notice put forward targeted measures based on the situation encountered in the pilot, enriching the types of personal pension products, increasing the situation of receiving personal pensions in advance and effectively improving the personal pension system on the basis of the previous pilot, which will help attract investors to actively participate in personal pension-related investments. (Securities Daily)Market News: The Canadian government sells its shares in Air Canada.U.S. National Security Adviser Sullivan said that the Israeli elimination of Hamas leaders will also help promote the ceasefire negotiations to achieve results.


Intel executives: Over time, we may sell some of our positions in Mobileye.Italian 10-year bond yields rose 14 basis points to 3.33%.The previous crude oil futures 2401 contract closed up 1.51% at 545.40 yuan/barrel. Shanghai Gold closed down 0.59% and Shanghai Bank closed down 1.67%.


The African Center for Disease Control and Prevention said that Congo will vaccinate children against Japanese monkeypox from next week.Western Digital's share price fell rapidly to 4%. Seagate technology turned down. Micron's decline expanded to 3.6%.The composite index of Athens Stock Exchange closed up 0.44% at 1464.03.

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