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European Commission President: Romania and Bulgaria have become full members of the Schengen area. European Commission President Ursula von der Leyen said on social media that Romania and Bulgaria have become full members of the Schengen area.Nordic United Bank: The risk of the European Central Bank cutting interest rates by 50 basis points cannot be ignored. Nordic United Bank said that the European Central Bank may cut interest rates by 25 basis points again, but there is also a significant risk of cutting interest rates by 50 basis points. The differences within the Committee have intensified again, and it is not easy for Lagarde to get another consistent compromise. A possible compromise is to cut interest rates by 25 basis points, and at the same time, some guidelines are given, indicating that as long as the ECB's benchmark view remains unchanged, it may cut interest rates again in January. Our benchmark expectation is still to cut interest rates by 25 basis points before the meeting in April next year, when the deposit interest rate is expected to reach 2.25%.The full implementation of the personal pension system may bring more medium and long-term funds, and the allocation value of the Southern Shanghai and Shenzhen 300ETF(159925) has attracted much attention. On December 12, the Southern Shanghai and Shenzhen 300ETF(159925) closed up 1.07%, with a turnover of 92.5438 million yuan. The constituent stocks were all red, with Contemporary Amperex Technology Co., Limited rising by 2.47%, Kweichow Moutai rising by 1.97% and Wuliangye rising by 1.62%. China Merchants Bank and China Ping An followed suit. In the news, since December 15th, the personal pension system has been extended to the whole country, and the first batch of 85 index funds have been included in the product range, which has attracted attention, including 12 Shanghai and Shenzhen 300 index funds and 300ETF(159925) in South China. According to industry insiders, since the personal pension fund system came into being, both personal pension funds and sales organizations have steadily expanded. The increase of fund products and the continuous addition of new sales organizations will bring more medium and long-term funds to the capital market, and the Southern CSI 300ETF(159925) will benefit in the medium and long term.

Li Ka-shing's H-share shareholding in China Postal Savings Bank decreased from 5.07% to 4.96%.Network Information Office: The Network Security Standards Committee should speed up the development and release of standards such as "Identification Method of Synthetic Content Generated by Artificial Intelligence" and strengthen the research on relevant network security standards such as intelligent networked vehicles. The second "Standards Week" of the National Network Security Standardization Technical Committee in 2024 was held in Haikou City, Hainan Province from December 8 th to 11 th. Wang Jingtao, deputy director of the National Network Information Office, pointed out that standing at a new starting point and a new journey, the Network Security Standards Committee should do a solid job in network security standardization. First, it is necessary to build a national network security defense system supported by standards, and promote the release and implementation of standards such as the boundary determination method of key information infrastructure, the index system of security protection capability, the alarm information format of network security products, and the asset information format as soon as possible, and accelerate the formation of systematic defense capabilities. Second, it is necessary to use standards to help data security governance and supervision, speed up the development of standards such as data classification and classification protection requirements and compliance audit of personal information protection, and ensure the safe and orderly flow of data. Third, it is necessary to lead the safe and orderly development of new technologies and applications such as artificial intelligence with standards and norms, accelerate the development and release of standards such as "Identification Method of Synthetic Content Generated by Artificial Intelligence", and strengthen the research on relevant network security standards such as intelligent networked vehicles and autonomous driving, effectively escorting the safe development of emerging future industries. Fourth, we should use standards to boost the international influence of China's cybersecurity, continue to push China's cybersecurity standards "going global", do our best to run the SC27 international conference in the second half of 2025, and strive to achieve a double harvest of conference organization and conference technical achievements.Nordic United Bank: The risk of the European Central Bank cutting interest rates by 50 basis points cannot be ignored. Nordic United Bank said that the European Central Bank may cut interest rates by 25 basis points again, but there is also a significant risk of cutting interest rates by 50 basis points. The differences within the Committee have intensified again, and it is not easy for Lagarde to get another consistent compromise. A possible compromise is to cut interest rates by 25 basis points, and at the same time, some guidelines are given, indicating that as long as the ECB's benchmark view remains unchanged, it may cut interest rates again in January. Our benchmark expectation is still to cut interest rates by 25 basis points before the meeting in April next year, when the deposit interest rate is expected to reach 2.25%.

On the 12th, the South Korean National Assembly voted to impeach the Minister of Justice Park Hyung-jae and the Director of the Police Department Zhao Zhihao.By 2029, China will build about 10,000 superior specialties of traditional Chinese medicine. According to state administration of traditional chinese medicine, China will promote the construction of superior specialties of traditional Chinese medicine at different levels to further improve the clinical efficacy of traditional Chinese medicine. By 2029, the overall scale of superior specialties of traditional Chinese medicine will reach about 10,000. Recently, state administration of traditional chinese medicine issued opinions on accelerating the construction of superior specialties of traditional Chinese medicine, and put forward the requirements of strengthening the planning and layout of superior specialties of traditional Chinese medicine and promoting the construction of superior clusters of traditional Chinese medicine. (CCTV News)Seven members of South Korea's ruling party announced that they would support the impeachment of Yin Xiyue. On the afternoon of the 12th local time, another member of South Korea's ruling National Power Party, Han Zhiya, announced that he would vote in favor of the impeachment of President Yin Xiyue on the 14th. Up to now, seven members of the National Power Party have publicly expressed their support for the impeachment of President Yin Xiyue. According to outside analysis, this means that the possibility of Yin Xiyue's impeachment case being passed in the South Korean National Assembly is further increased. (CCTV News)