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Real-time News
On December 31, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission announced that, according to the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at the Bank of China and the Tianjin Municipal Commission for Discipline Inspection and Supervision, Cheng Jun, Secretary of the Party Committee and President of the Zhejiang Branch of the Bank of China, is suspected of serious violations of discipline and law and is currently under disciplinary review by the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at the Bank of China and under investigation by the Tianjin Municipal Supervisory Commission.On December 31, the General Office of the State Council issued the "Assessment Measures for Implementing the Rigid Water Resources Constraint System," which came into effect on the date of issuance. The "Measures" is an important institutional document for assessing the implementation of the rigid water resources constraint system by the peoples governments of all provinces (autonomous regions and municipalities). Its main purpose is to promote the implementation of the rigid water resources constraint system, strengthen the economical, intensive, and safe use of water resources, improve the ecological environment of rivers and lakes, control the development and utilization of water resources within the carrying capacity, and ensure that limited water resources effectively support and guarantee high-quality development.On December 31st, the Ministry of Industry and Information Technology released the operating status of the electronic information manufacturing industry from January to November 2025. Data shows that from January to November, the added value of the electronic information manufacturing industry above designated size increased by 10.4% year-on-year, 4.4 and 1.2 percentage points higher than the growth rates of the overall industrial sector and high-tech manufacturing industry, respectively. In November, the added value of the electronic information manufacturing industry above designated size increased by 9.2% year-on-year. Among major products, mobile phone production reached 1.39 billion units, a year-on-year decrease of 5.5%, of which smartphone production reached 1.14 billion units, a year-on-year decrease of 0.5%; microcomputer equipment production reached 302 million units, a year-on-year decrease of 1.8%; and integrated circuit production reached 431.8 billion units, a year-on-year increase of 10.6%. From January to November, the cumulative export delivery value of the electronic information manufacturing industry above designated size increased by 0.5% year-on-year, a decrease of 0.5 percentage points compared to January-October. In November, the export delivery value of the electronic information manufacturing industry above designated size decreased by 4% year-on-year. According to customs statistics, from January to November, my country exported 122 million notebook computers, a year-on-year decrease of 6.5%; 683 million mobile phones, a year-on-year decrease of 8.1%; and 319.9 billion integrated circuits, a year-on-year increase of 18%.According to a Hong Kong Stock Exchange announcement, Tencent Holdings (00700.HK) spent HK$635.5 million to repurchase 1.061 million shares on December 31.On December 31, the China Securities Regulatory Commission (CSRC) issued a notice on promoting the high-quality development of the Real Estate Investment Trusts (REITs) market. The notice emphasizes improving the REITs information disclosure system, enhancing transparency, standardization, and timeliness of information disclosure, and strengthening the requirements for ad-hoc disclosure of major events. It also calls for further improving the REITs transaction monitoring mechanism, strengthening risk monitoring and early warning, maintaining the stable operation of the secondary market, effectively preventing and resolving major risks, and continuously enhancing market resilience and risk resistance. Finally, it stresses strengthening expectation guidance and investor education, conducting policy interpretation and public opinion campaigns through various means, and continuously creating a favorable market environment.
