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Real-time News
On April 2nd, it was reported that on April 1st, Feng Fei, Secretary of the Hainan Provincial Party Committee, and Liu Xiaoming, Governor of Hainan Province, held a working meeting with Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), in Haikou. Wu Qing expressed his gratitude to the Hainan Provincial Party Committee and Government for their long-term strong support of the CSRCs work. He stated that supporting the high-standard construction of the Hainan Free Trade Port is the CSRCs inescapable responsibility. The CSRC will thoroughly implement the decisions and deployments of the CPC Central Committee and the State Council, based on its own functions and in conjunction with local needs, to further promote the inclusive and adaptive reforms of the capital market system. The CSRC will further strengthen communication and coordination with Hainan in supporting the development of new productive forces, improving the quality of listed companies, and preventing and resolving financial risks, promoting a virtuous cycle between the capital market and Hainans economic development, and providing strong financial support for the construction and high-quality development of the Hainan Free Trade Port.Australian Prime Minister Albanese: Limiting betting advertisements on broadcast television to no more than three per hour between 6:00 a.m. and 8:30 p.m. daily, and completely banning them during live sports broadcasts within that time period.Euro Stoxx 50 futures fell to 1.2%, German DAX futures fell 1.2%, and UK FTSE 100 futures fell 0.2%.According to Al Jazeera: Just as Trump finished his national address, Iran launched another large number of missiles at Israel.On April 2nd, the Heilongjiang Branch of the Peoples Bank of China and the Heilongjiang Provincial Department of Finance jointly held a special press conference on "Strengthening Financial and Fiscal Coordination to Boost and Expand Consumption" on April 1st. They launched the "Longjiang Consumer Online Loan" one-stop service QR code and the "40 New Financial Policies for Supporting Consumption in Heilongjiang Province," injecting strong momentum into the Heilongjiang consumer market. The "40 Policies" have four major highlights: "low," "fast," "flexible," and "precise." "Low" means that all financial products can enjoy fiscal subsidies, effectively reducing financing costs for consumers and businesses. "Fast" means that many online products can achieve instant approval and disbursement. "Flexible" refers to product design tailored to needs, customized for different groups, with flexible terms to alleviate long-term repayment pressure. "Precise" is reflected in the clear definition of the purpose of funds in all products, ensuring precise allocation to the consumption sector.
