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Allianz's investment in national pension has been approved, and the pace of foreign investment in China's insurance market has accelerated. The State Financial Supervision and Administration recently approved the change of registered capital of national pension, and agreed that Allianz Investment Co., Ltd. will subscribe for 2% of the shares of national pension for about 284 million yuan, becoming the first foreign shareholder of national pension, thus increasing the registered capital of national pension to about 11.378 billion yuan. Since the beginning of this year, a number of foreign investors have increased the insurance market in China. Analysts said that this aspect shows that China's insurance industry has further deepened its opening to the outside world, providing a more relaxed policy environment for foreign investors to overweight China's insurance market; On the other hand, it shows that it has confidence in the development of insurance industry in China and will attract more foreign-funded institutions to enter the insurance market in China. (SSE)Macron hopes to avoid holding new French parliamentary elections before the end of his presidency in 2027. A French official familiar with the matter revealed that President Macron hopes to avoid holding parliamentary elections before the end of his presidency. Last week, Banier's government was dismayed to step down because it failed to pass a vote of no confidence in parliament. Macron plans to appoint a new prime minister within 48 hours, the official said. Holding parliamentary elections again is widely regarded as an option for Macron to break the political deadlock. French political parties have been expecting to hold another vote next summer.Allianz's investment in national pension has been approved, and the pace of foreign investment in China's insurance market has accelerated. The State Financial Supervision and Administration recently approved the change of registered capital of national pension, and agreed that Allianz Investment Co., Ltd. will subscribe for 2% of the shares of national pension for about 284 million yuan, becoming the first foreign shareholder of national pension, thus increasing the registered capital of national pension to about 11.378 billion yuan. Since the beginning of this year, a number of foreign investors have increased the insurance market in China. Analysts said that this aspect shows that China's insurance industry has further deepened its opening to the outside world, providing a more relaxed policy environment for foreign investors to overweight China's insurance market; On the other hand, it shows that it has confidence in the development of insurance industry in China and will attract more foreign-funded institutions to enter the insurance market in China. (SSE)

A rational view of the surge in the bond market should not ignore the risks behind it. Recently, bond yields have dropped rapidly. When investors enjoy the dividends brought by the surge in the bond market, they must also remain rational and not ignore the risks behind them. The market has filled the expectations of the bond market. If there is a gap between future policy implementation and expectations, the market may have the possibility of substantial adjustment. Most financial institutions are bulls in the bond market. In the case of unilateral upward interest rates and no hedging instruments, once the market is obviously disturbed, it is necessary to be alert to the risk of trampling. At present, the yield of 10-year treasury bonds has dropped to 1.84%. Market participants should realize that the future downside is limited, but the upside is great. (SSE)Netanyahu: If the new Syrian regime allows Iran to rebuild its power, Israel will respond strongly. Israeli Prime Minister Benjamin Netanyahu said that if the new Syrian regime allows Iran to rebuild its power in the country or allows the transfer of weapons to Hezbollah, Israel will make a "strong" response. According to a statement from Netanyahu's office, he promised to pay a "heavy price" for these actions and any attacks against Israel. He said: "We have no intention to interfere in Syria's internal affairs, but we obviously intend to take necessary measures to ensure our security."Walgreen, a chain pharmacy, is in talks to sell itself to private equity fund Sycamore Partners. Walgreen's US stocks rose to 5.99% in the short term, which triggered the suspension.

Onshore RMB rose 71 points against the US dollar last night, and onshore RMB against the US dollar (CNY) closed at 7.2491 yuan at 03:00 Beijing time, up 71 points from Monday's closing night. The turnover was $516 billion."Debt Bull" launched a number of treasury bonds futures varieties to a new high. Yesterday, the bond market once again took the bull. On December 10th, 30-year, 10-year, 5-year and 2-year treasury bond futures all hit record highs. Looking at it for a long time, since the beginning of this year, 30-year treasury bond futures have risen by nearly 16%, 10-year treasury bond futures have risen by over 5%, and 5-year treasury bond futures have risen by over 3%. Analysts pointed out that the logic of broad-spectrum interest rate downward has run through the whole year of 2024, and it is expected to continue to form an important support for the bond market in the long run. The recent market strength is not only an emotional effect at the end of the year and the beginning of the year, but also a blocking point to dredge and guide the overall downward trend of interest rates. (Securities Times)The State Council, USA: We continue to make it clear in our dialogue with local entities, including Syria, that finding journalist Austin Tess is a priority. (When asked about Israel's attack on Syria) I don't want to see any actions that make the Syrian-led process more difficult.