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1.16967
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Gold
4584.35
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86.809
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Real-time News
Hezbollah: Washington is seeking to create turmoil in Lebanon.On August 21, the State Financial Regulatory Commission issued a notice regarding the implementation of the "Measures for Asset-Liability Management of Insurance Companies." The notice stipulates that before making major investment decisions, insurance companies should comprehensively assess and analyze the impact of investment activities on the companys and the corresponding accounts asset-liability matching, taking into account factors such as solvency constraints, risk appetite, market environment, and regulatory requirements. Major investments, as defined in these measures, include single major equity investments, single major stock investments or acquisitions of listed companies, single investment properties held in the form of ownership or equity in project companies, or investments in a single target asset with a cumulative investment amount exceeding 3% of the companys total assets at the end of the previous quarter or RMB 3 billion (or equivalent foreign currency). Investments in domestic central government bonds, provincial government bonds, quasi-government bonds, policy bank bonds, and bank deposits, cash, and liquidity management instruments are excluded.German Interior Minister: There have been multiple cases and arrests involving low-level agents.On August 21, the Central Cyberspace Affairs Commission issued the "Action Plan for Promoting High-Quality Development of Cyberspace Enterprises (2026-2030)." The plan proposes broadening financing channels for cyberspace enterprises, building a diversified financing support system, effectively leveraging the role of government investment funds, and supporting early-stage, small-scale, long-term, and hard-tech investments. It encourages financial institutions to explore and develop financial products in the cyberspace field, and to use patents, trademarks, and data as important reference factors in credit assessment. It supports eligible cyberspace enterprises to list and raise funds. It supports high-growth innovative enterprises to list and raise funds domestically and overseas, accelerates the domestic listing review process, and encourages listing on the Science and Technology Innovation Board and the Growth Enterprise Market. It broadens exit channels beyond IPOs, encourages the development of private equity secondary market funds (S funds) and M&A funds, and further facilitates a virtuous cycle of "investment-exit-reinvestment."On August 21, the Central Cyberspace Affairs Commission issued the "Action Plan for Promoting High-Quality Development of Cyberspace Enterprises (2026-2030)." The plan proposes strengthening anti-monopoly supervision and enforcement in the cyberspace sector, regulating suspected monopolistic behavior in key areas according to law, and strictly prohibiting enterprises from engaging in disguised "choose one of two" practices or other practices that exclude or restrict competition. It also calls for establishing and improving consultation mechanisms between platform enterprises and operators within their platforms on major issues, standardizing platform fee practices, and reducing the burden on operators within the platforms. Furthermore, it emphasizes addressing issues such as excessive subsidies and "involutionary" competition among cyberspace enterprises. Finally, it leverages the self-regulatory role of industry associations to guide enterprises in improving product quality and implementing a premium pricing system.
