2024 2 24 Financial Letters

Mondo Finance Updated on 2024-02-25

2024.2.24 Financial Bulletin.

1. Central Finance Commission: Promote the renewal of equipment and the trade-in of consumer goods on a new scale, and effectively reduce the logistics cost of the whole society.

2. National Standing Meeting: Accelerate the establishment of a first-class debt management mechanism that is compatible with high-quality development.

3. National Standing Meeting: Promote the parallel development and complementarity of mobile payment, bank cards, cash and other payment methods.

4. China Securities Regulatory Commission: Continue to invest more manpower and material resources to identify clues of fraud of listed companies through diversified channels.

5. China Securities Regulatory Commission: The essence of market manipulation is "fraud", and the essence of insider trading is "stealing", which will be accurately identified and severely cracked down.

6. China Securities Regulatory Commission: At present, there is no 10-year arrangement for IPO back-inspection, which will greatly increase the proportion of on-site inspections of companies to be listed.

7. China Securities Regulatory Commission: Support the first exchange to continue to increase the supply of varieties and continuously improve the market variety system.

8. The 2024 National Foreign Investment Work Conference and the Special Working Group Meeting on Key Foreign Investment Projects were held in Beijing.

9. The total market value of Nvidia's U.S. stock market went from $1 trillion to $2 trillion in just eight months.

10. Goldman Sachs: The Fed's first rate cut is now expected in June, and four 25 basis point rate cuts this year are expected.

11. If there is a debt between friends, use friendship to repay it slowly; If there is a debt between relatives, use family affection to repay it slowly. If there is a debt between the husband and wife, in fact, there is no need to repay, and it is the best repayment to be sincere to her for a lifetime, silently and thoughtfully, and quietly accompanied. My wife is a benefactor! It doesn't matter if it's a previous life or this life. In the last life, because my wife helped us, we were fortunate to meet in this life. In this life, my wife gave birth to children for us, supported my parents, and took care of housework, so I need to pay it back for a lifetime. Be more tolerant of your wife, love her more, be considerate of him, and feel sorry for her. I hope that all couples in the world can practice two words with their lives, that is: cherish.

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