whats cryptocurrency, Knowledge graph

South Korea's stock market rebounded after its market value evaporated by $100 billion due to the political crisis. South Korea's stock market rebounded on Tuesday, which was the first rise since the martial law storm caused the country to fall into political turmoil last week. South Korea's Kospi index rose more than 2% in early trading, after its recent decline pushed it to the edge of a bear market. The Kosdaq small-cap stock index rose more than 4%. In the four trading days as of Monday, the total market value of these two index companies evaporated by $100 billion. South Korean authorities have repeatedly promised to take all measures to stabilize market sentiment, saying that the recent market trend is "excessive" considering the country's economic fundamentals. President Yin Xiyue survived the parliamentary impeachment vote over the weekend, but the opposition party vowed to continue to push him to step down.Five departments, including the Ministry of Industry and Information Technology, jointly deployed the "One-month-one-chain" financing for small and medium-sized enterprises to promote the nationwide activities. The Ministry of Industry and Information Technology, the Ministry of Finance, the People's Bank of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission recently jointly issued the Notice on Launching the "One-month-one-chain" financing for small and medium-sized enterprises to promote the nationwide activities, so as to accelerate the construction of small and medium-sized enterprises' financing, promote a good ecology and help them develop with high quality. The theme of the "One Chain in January" SME financing promotion activities nationwide is "One Chain in January is beneficial to the smooth integration of enterprises", focusing on key SME groups such as high-quality SMEs and key nodes in the industrial chain, giving play to the role of "share, loan, insurance and burden" comprehensive financing means, and guiding financial resources to support SMEs in the chain more accurately by organizing various docking activities. (Ministry of Industry and Information Technology)FTSE China A50 index futures rose 0.75% at the beginning, and closed up 0.84% in the last trading day and night.

Lee Ka Chiu John: Hong Kong is committed to becoming a leading global risk management center. In a speech at the Asia Insurance Forum 2024 held in Hong Kong on the 10th, Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) said that Hong Kong is committed to becoming a leading global risk management center. Lee Ka Chiu John said that as one of the three largest financial centers in the world, Hong Kong has about 160 authorized insurance companies, including six of the top ten insurance companies in the world. At present, Hong Kong has issued five catastrophe bonds, raising more than 700 million US dollars to resist typhoons, earthquakes and other natural disasters and provide risk mitigation measures for the global joint response to climate change. He stressed that as the region with the highest concentration of insurance companies and the highest insurance density in Asia, Hong Kong is committed to becoming a leading global risk management center. The SAR Government will continue to invite mainland and overseas enterprises in China to set up exclusive self-insurance companies in Hong Kong.Aoyuan Group: It failed to pay off the due debt principal of about 43 billion yuan in time. Aoyuan Group Co., Ltd. issued an announcement to disclose the latest situation of the company's debt settlement and pending litigation. According to the announcement, as of November 30, 2024, the accumulated debt principal that Aoyuan Group failed to pay off in time was about 43.028 billion yuan, of which the open market debt principal that failed to pay off in time was 250,000 yuan; The company and its subsidiaries are involved in a number of major pending lawsuits, involving about 60.600 billion yuan, including about 52.554 billion yuan related to financing and 8.046 billion yuan related to non-financing. In addition, Aoyuan Group has 64 pieces of information about untrustworthy executors, involving a total amount of 2.228 billion yuan.Zheshang Securities: A-shares may benefit from the rising style of risk appetite, which is more inclined to small-cap growth. Zheshang Securities Research Report pointed out that the current inflation level is in the early stage of bottoming out, and there is a lot of flexibility for the recovery of effective demand. It is expected that monetary policy will still have a total easing space such as RRR cuts and interest rate cuts. In terms of large-scale assets, A-shares may benefit from rising risk appetite, and their styles are more inclined to small-cap growth, and the valuation of technology stocks may be relatively flexible. It is recommended to pay attention to high-elastic sectors such as GEM, Kechuang 50 and Beizheng 50. In the field of fixed income, the current risk-free interest rate level has gradually approached the new equilibrium level. It is expected that the yield of the next 10-year government bonds will generally fluctuate, and the long-term interest rate is less likely to have upward risks. The credit spread is expected to narrow, and the urban investment bonds in the qualified areas will sink in a short period of time or the main allocation direction.

Zhongyuan Trust Yunnan Green Food Co., Ltd. established the Plateau Modern Agriculture Investment Fund with a capital contribution of 500 million yuan. According to Tianyancha App, the Yunnan Plateau Modern Agriculture Investment Fund Partnership (Limited Partnership) was recently established, and the executive partner is Kunming Jingtou Equity Investment Fund Management Co., Ltd., with a capital contribution of about 500 million yuan. Its business scope is to engage in equity investment, investment management and asset management with private funds. According to the partner information, the fund is jointly funded by Zhongyuan Trust Co., Ltd., Yunnan Green Food Investment Group Co., Ltd. and Kunming Jingtou Equity Investment Fund Management Co., Ltd.Aouita 06 was unveiled, with an estimated price of 250,000 yuan. On December 10th, the announcement information of Aouita 06 Ministry of Industry and Information Technology, the fourth model of Aouita, was exposed. Internally, the car is positioned as a young luxury medium-sized car, which will be equipped with two intelligent driving schemes: Huawei Lidar+Gankun Intelligent Driving and Pure Vision. The estimated price is about 250,000 yuan, and it will be listed in the second quarter of 2025.Jilin issued a 5-year general bond with a scale of 300 million yuan, an issue rate of 1.6600%, a marginal multiple of 3.00 times and an expected multiple of 1.67; Jilin issued a 10-year general bond with a scale of 300 million yuan, an issue rate of 2.0000%, a marginal multiple of 8.10 times and an expected multiple of 2.01; Jilin issued 30-year ordinary special local bonds, with a scale of 1.6 trillion yuan, an issue interest rate of 2.2000%, a marginal multiple of 1.53 times and an expected multiple of 2.21; Jilin issued 20-year ordinary special local debt, with a scale of 18.5 trillion yuan, an issue interest rate of 2.2300%, a marginal multiple of 22.48 times and an expected multiple of 2.24; Jilin issued 30-year ordinary special local bonds, with a scale of 20 billion yuan, an issue interest rate of 2.2000%, a marginal multiple of 1.59 times and an expected multiple of 2.22.