coin laws- Top Overview

Hong Kong Treasury Bureau: It plans to conduct public consultation on the OTC trading of virtual assets and the licensing system for custody service providers next year. Chen Haolian, deputy director of the Financial Services and Treasury Bureau of the Hong Kong SAR Government, said that it plans to conduct public consultation on the OTC trading of virtual assets and the licensing system for custody service providers next year to promote the sustainable development of different sectors of the virtual asset market. At present, there are three licensed virtual asset trading platforms in Hong Kong, and the Hong Kong Treasury Bureau plans to submit a bill on the supervision system for the issuers of legal tender stable currency to the Legislative Council for deliberation within this month.Beijing officially launched the online game boutique publishing project. At the 2024 China Game Industry Annual Conference held today, Zhai Degang, deputy director of the Propaganda Department of Beijing Municipal Committee and director of Beijing Press and Publication Bureau, said that Beijing Press and Publication Bureau would organize the implementation of the online game boutique publishing project to guide and drive the high-quality development of Beijing's game industry. It is reported that the online game boutique publishing project will focus on five key directions: spreading positive mainstream values, carrying forward the spirit of Chinese culture, showing the style of the capital era, highlighting the vitality of scientific and technological innovation, and having the potential for international communication. Five supporting mechanisms including priority recommendation, whole-process incubation, copyright protection, platform service and talent guarantee mechanism will be implemented. The works selected for the project will be included in the Beijing online game key selection database, and priority will be given to the national-level promotion and selection projects, and incentives will be given.On December 11th, the reporter was informed that Vanke Property innovatively launched the "flexible pricing" model at the press conference of Wanwuyun Ruijian held in Shenzhen, and released "smart selection" products, returned the service options and pricing rights to the owners, and innovatively launched "flexible pricing" in the industry. Specifically, Vanke Property's "Smart Choice" products take "the whole cycle of project property services" as the main axis, forming a set of all kinds of services, in which 158 required services and 350 optional services are classified and screened out. At present, Vanke Property is pushing the industry to change from standardized pricing to flexible pricing. Kerry Property Management believes that this initiative has led the transformation and upgrading of property services in the stock era, and is expected to become the standard practice of the property management industry in the future, and promote the development of the whole industry in a more standardized and efficient direction. (Dahe Finance Cube)

Hong Kong Securities Regulatory Commission: The quarterly loss from July to September narrowed sharply year-on-year, with a net inflow of 664.3 billion yuan from Hong Kong Stock Connect so far this year.CICC: Depleting inventories to eliminate excess supply is still the main direction. The Central Economic Work Conference was held in Beijing from December 11th to 12th. In terms of real estate, the meeting will "continue to push the real estate market to stop falling and stabilize" as the primary task of risk prevention. The research department of CICC believes that destocking to eliminate excess supply is still the main direction. First, control the supply of new land; second, optimize the supply structure of existing land and commercial housing; it is expected that the supply optimization policies such as land ticket, land exchange and commercial housing reform will be further promoted; third, dispose of existing commercial housing; it is expected that the efforts to store unsold commercial housing and existing second-hand housing for affordable housing will be increased; fourth, intensify the implementation of the renovation of urban villages and dilapidated houses.Alipay sells cryptocurrency funds? Originally an indirect investment in a product of Huabao Fund, the subscription has been suspended. Recently, some netizens found that Huabao Fund promoted a fund product issued by Huabao Fund in Alipay-QDII-FOF-LOF C (hereinafter referred to as "Huabao Overseas Technology C"), promoting "riding the wind to encrypt the rising market of currency" and "the representative of subversive innovation technology: cryptocurrency". According to the report of Warburg Overseas Technology C in the third quarter of this year, among the top ten funds with the highest fair value at the end of the reporting period, five were only index funds managed by Ark Investment Management under Cathy Wood, the "Mujie", accounting for 73.12% of the total. The reporter logged on to several consignment platforms such as Ant Fortune, Licaitong, Tiantian Fund, China Merchants Bank, Snowball Fund and found that the product was sold on the above platforms, but from December 11th, the large subscription of Class A shares and Class C shares was suspended, and the daily limit for each person was 1000 yuan RMB. However, on December 13th, Huabao Overseas Science and Technology Stock Securities Investment Fund announced that it would suspend subscription and regular fixed investment business. (21 Finance)

South Korean police said on the 13th that they were considering detaining and searching the correspondence records of President Yin Xiyue and the presidential residence. (Xinhua News Agency)Huatai Securities: The countercyclical adjustment is stronger than expected, and the expansion of domestic demand may fall on the policy of boosting consumption. Huatai Securities believes that the macro-policy orientation conveyed by the Central Economic Work Conference is more positive, in fiscal policy (expanding deficit, increasing special national debt, expanding the use scope of special debt, etc.), monetary policy (moderately easing, timely lowering the RRR and cutting interest rates), real estate and capital market (stabilizing the property market and stock market), and expanding domestic demand policy (implementing special actions to boost consumption) In terms of currency securities, Huatai Securities believes that there is still room for interest rate cuts. On the one hand, the current real interest rate level is still high in horizontal comparison; On the other hand, credit expansion, especially the balance sheet expansion of developers and local governments, is relatively weak, and the cost of capital has room for further decline. It is expected that the central bank will cut interest rates by 30-50 basis points next year, but the pace may be affected by external changes and exchange rates.South Korean police: A compulsory investigation of Yin Xiyue is being considered. The South Korean police said on the 13th that they are discussing a compulsory investigation of President Yin Xiyue and considering a seizure and search of his communication records and presidential residence. The special investigation team of the National Investigation Headquarters under the South Korean Police Agency held a press conference on the same day, saying that the plan to detain and search the presidential residence in Hannandong, Longshan District, Seoul is in the "discussion stage". The police are considering seizing and searching Yin Xiyue's communication records. (Xinhua News Agency)