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 What does it mean for China's chip exports to exceed one trillion yuan? According to the latest data of the General Administration of Customs today, the export value of integrated circuits in China in the first 11 months was 1.03 trillion yuan, up 20.3% year-on-year. It is not easy for chip exports to break through trillions. In recent years, the United States has continuously suppressed China's chip industry, not only by itself, but also by pulling its allies to "contain" it. In this case, the export of integrated circuits in China continues to grow, which shows that the U.S. sanctions have not stopped the development of China's chip industry. Now, in all aspects of chip manufacturing, design, packaging and testing, China enterprises are far from the most advanced in the world, although there is still a gap, but they all have a certain level. The determination and ability of China chip industry enterprises to catch up have exceeded expectations. (The country is a through train)Morgan Stanley published a research report that China's monetary policy changed from "prudent" to "moderately loose" to support market sentiment in 2025, and the real policy may focus on interest rate reform in 2025. Morgan Stanley said that the increased attention to reactivating the capital market should also help support market sentiment and keep the trading volume high in the short term. The bank also suggested that optimizing existing loans, more rational bank loan growth and interest rate reform may be the real focus in 2025. The bank believes that risk-based loan pricing may continue to recover, which will help to buffer the bank's net interest margin, even if some additional loan market quotations are lowered.

In the arrest warrant of Jin Longxian, the South Korean prosecutor clearly identified Yin Xiyue as the "chief offender of civil strife". According to a report by South Korea's Central Daily News on the 10th, on the 9th, South Korean President Yin Xiyue became the first incumbent president who was banned from leaving the country. This was the decision only six days after the "12.3 Emergency Martial Law Incident". On the same day, when the South Korean prosecutor applied for the arrest of former Defense Minister Jin Longxian, Yin Xiyue was clearly identified as the first offender of the crime of civil strife. According to the report, the South Korean prosecutor identified Jin Longxian as one of the leaders of civil strife in the arrest warrant, and was suspected of suggesting the implementation of emergency martial law and participating in important civil strife tasks. Yin Xiyue, who ordered the declaration of martial law, was accused of being "the first offender of rebellion". It is understood that the prosecution also listed other major commanders who deployed armed forces to Congress and other places as accomplices in civil strife. (Zhongxin. com)European stocks collectively opened lower, with the Stoxx 50 index in Europe down 0.3%, DAX index in Germany down 0.2%, FTSE 100 index in Britain down 0.4% and CAC 40 index in France down 0.4%.Analyst: The market from September 24th to October 8th may not be interpreted in the short term. Today, the A-share market opened, and the three major indexes all opened sharply higher. The Shanghai Composite Index opened 2.58%, the Shenzhen Component Index opened 3.66%, the Growth Enterprise Market Index opened 4.88%, and the Shanghai and Shenzhen stock markets opened less than 50 stocks. In addition, Hong Kong's Hang Seng Index opened up 3.21%, and the Hang Seng Technology Index rose 4.24%. So, how to interpret the future market? Analysts believe that the market from September 24 to October 8 may not be interpreted in the short term. After all, the chip pressure still exists, but the bull market atmosphere may last longer and spread more widely. From the short-term perspective, three major signals have also appeared. First of all, the one ETF Southern China A-Share CSI 500, which was first opened in the peripheral Japanese stock market, fell slightly after it surged. Yesterday, the Nasdaq China Jinlong Index also fell back in the late session, and after the A50 opened in the morning, it also fell slightly, indicating that the funds may be more rational. Second, before the surge, the intensity of foreign ambush was not as great as last time. Yesterday's data showed that the global position of Long onlys has returned to the level of June. The low option trading volume of FXI/KWEB also shows the slight degree of macro investors' positions. It may also mean that the follow-up potential is also relatively large; Third, foreign investors have less doubts about the market this time than last time. After the last surge, foreign investment was still generally not optimistic, but the degree of optimism was significantly enhanced this time. (Broker China)

FTSE China A50 index futures fell to 3%.Insurance association of china released the Report on Human Resources of Insurance Industry in China in 2023. On December 10th, the reporter learned that the Report on Human Resources of Insurance Industry in China in 2023 (hereinafter referred to as the Report) compiled by insurance association of china was recently published by Economic Science Press. The Report analyzes the history, present situation and future development trend of the human resources data of the insurance industry around the situation of the personnel team in the insurance industry, and at the same time, constructs the human resources development coefficient of the insurance industry in China in combination with the development trend of the industry. It is understood that the Report collected data from 145 insurance institutions and local associations, and 82,564 insurance practitioners participated in the survey, covering practitioners from different types of companies, professional sequences, ages and academic qualifications, fully reflecting the current situation of human resources in the insurance industry. According to insiders, the Report not only shows the development trends of the insurance industry and the overall situation of human resources, but also reflects the hot topics and the general situation of core talents that the insurance industry is concerned about today, which can help practitioners understand the industry trends and talent needs, broaden their macro-horizons, actively plan their career development, and realize the improvement of their self-worth. For other groups who care about the insurance industry, the Report also provides an overview of the talent reserve and demand of the insurance industry. Those who want to enter the insurance industry can actively learn and accumulate skills, gain career advantages and make more reasonable choices. (shanghai securities news)The scale of computing power in Hubei has exceeded 10,000 P. According to Hubei Provincial Bureau of Data, the scale of computing power in Hubei has exceeded 10,000 P, which is expected to drive the scale of computing power and big data industry in Hubei Province to reach 120 billion yuan. Internet access, map navigation, gene sequencing, climate prediction, high-end manufacturing ... Computing power is everywhere. P is the quantitative unit of computing power, and 10,000 P computing power is equivalent to the computing power of 5 million high-performance computers.