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On December 31, under the overall guidance of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange revised its "Stock Listing Rules" and "Standardized Operation Guidelines" for the Main Board and the Science and Technology Innovation Board, and solicited public opinions. The main revisions include: establishing a full-process regulatory system for the appointment, performance, and dismissal of company secretaries; further improving the protection of company secretaries performance of their duties; guiding company secretaries to better perform their duties; fully leveraging the role of company secretaries in information disclosure, corporate governance, and internal and external communication and coordination; and promoting the improvement of the quality of listed companies. The revisions also refine relevant regulations for directors and senior executives, improve the regulatory system for directors and senior executives, and comprehensively regulate their appointment, performance, and departure, urging directors and senior executives to faithfully and diligently perform their duties; improve the incentive and restraint mechanism for directors and senior executives, requiring listed companies to formulate remuneration management systems that stipulate that the remuneration of directors and senior executives is commensurate with the companys operating performance and individual performance, promoting a better alignment of interests between directors, senior executives, and the company; and further regulate the behavior of controlling shareholders and actual controllers, strictly limiting competition from related parties that may have a significant adverse impact on listed companies.On December 31, Jiaze New Energy announced that it plans to repurchase company shares for RMB 220 million to RMB 440 million, with a repurchase price not exceeding RMB 6.63 per share.Xi Jinping: In the past year, the rights and interests of newly employed groups have been further protected, age-friendly renovations have brought convenience to the elderly, and families with children have received an additional 300 yuan subsidy per month.Xi Jinping: We rely on innovation to empower high-quality development. Science and technology are deeply integrated with industry, innovative achievements are emerging in rapid succession, large-scale artificial intelligence models are catching up and catching up, and new breakthroughs have been made in independent chip research and development. my country has become one of the fastest-growing economies in terms of innovation.Xi Jinping: This year, what is unforgettable is that we solemnly commemorated the 80th anniversary of the victory of the Chinese Peoples War of Resistance Against Japanese Aggression and the World Anti-Fascist War, and established the Taiwan Retrocession Memorial Day. The grand national ceremony was majestic and awe-inspiring; the glory of victory will forever be recorded in history, inspiring the Chinese people to remember history, cherish the memory of our martyrs, treasure peace, and create a better future, thus凝聚起 the immense power for the great rejuvenation of the Chinese nation.

Indices

DAX, CAC, and FTSE 100: Futures Point to a Bullish Session

It is a quiet day for the DAX and the European markets. Following growth targets from China, central banks will remain in focus ahead of Powell testimony.