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CFO of OpenAI: I believe Musk will put national interests first, and IPO is a milestone in the development of startups.Argentine President Millai: Argentina's economy will grow in 2025 and inflation will decline.Since the beginning of this year, six small and medium-sized banks have "refused to redeem" tier-2 capital bonds. On December 9, Yingkou Bank Co., Ltd. announced that when the 10-year tier-2 capital bonds issued by the bank in 2019 had expired, the bank chose not to redeem the bonds. In fact, a number of commercial banks have announced this year that they will not exercise the right to redeem secondary capital bonds, mainly small and medium-sized banks. The insiders believe that there are two main reasons why banks choose not to redeem secondary capital bonds. First, it is difficult for banks to refinance and issue capital replenishment tools due to factors such as high cost of new bonds and declining profitability. Second, the bank's capital adequacy ratio has been at a low level, and some banks' capital adequacy ratio has been lower than the regulatory requirements before redemption, and the capital level may further decline after exercising the redemption right. (Securities Daily)

Walgreen, a chain drug store, is in talks to sell it to private equity fund Sycamore Partners. Walgreen's intraday gains rose to 5.99% in the short term, which triggered the suspension.Non-performing loan intermediaries have drawn a clear line between banks to prevent "endorsement". Recently, many banks have issued statements to "clear the relationship" with loan intermediaries. On December 9 alone, many banks, such as Taiyuan Rural Commercial Bank, Chifeng Yuanbaoshan Rural Commercial Bank and Xintian Rural Bank of Xinjiang County, issued statements that they had not cooperated with any intermediary in loan business. The insiders believe that at present, when banks are preparing for a "good start" in the coming year, some banks' grass-roots institutions or account managers privately increase cooperation with loan intermediaries in order to achieve performance indicators. Formal loan intermediaries help banks get customers and live customers, but non-performing loan intermediaries are mixed in the market, and their non-compliance practices make consumer complaints frequent and bring reputation risks to banks. (CSI)The three major European stock indexes closed down across the board. The German DAX index fell 0.08% to 20329.16 points, the French CAC40 index fell 1.14% to 7394.78 points, and the British FTSE 100 index fell 0.86% to 8280.36 points.

We are full of confidence in the US economy, said Blackstone's head of private equity in North America.Since the beginning of this year, six small and medium-sized banks have "refused to redeem" tier-2 capital bonds. On December 9, Yingkou Bank Co., Ltd. announced that when the 10-year tier-2 capital bonds issued by the bank in 2019 had expired, the bank chose not to redeem the bonds. In fact, a number of commercial banks have announced this year that they will not exercise the right to redeem secondary capital bonds, mainly small and medium-sized banks. The insiders believe that there are two main reasons why banks choose not to redeem secondary capital bonds. First, it is difficult for banks to refinance and issue capital replenishment tools due to factors such as high cost of new bonds and declining profitability. Second, the bank's capital adequacy ratio has been at a low level, and some banks' capital adequacy ratio has been lower than the regulatory requirements before redemption, and the capital level may further decline after exercising the redemption right. (Securities Daily)China promised to continue to contribute to the United Nations Central Emergency Response Fund. On December 10th, local time, Geng Shuang, Deputy Permanent Representative of China to the United Nations, attended the 2025 High-level Pledging Conference of the United Nations Central Emergency Response Fund, saying that at present, geopolitical conflicts are constant, natural disasters are frequent, the global humanitarian situation has deteriorated significantly, and humanitarian needs are increasing. The important role of the Central Emergency Response Fund in providing rescue, saving lives and alleviating suffering has further increased. Geng Shuang said that China has always supported the United Nations to play a coordinating role in international humanitarian relief and the Central Emergency Response Fund to carry out its work. Since 2007, voluntary contributions have been made to the Fund every year. In 2024, donations have been completed, and contributions will continue to be made to the Fund in 2025. Geng Shuang said that China has provided long-term humanitarian assistance to countries in need through bilateral channels and in various forms, and will continue to uphold the concept of a community of human destiny, make joint efforts with the international community, and support countries and people in need to cope with the humanitarian crisis and get out of the humanitarian predicament. (CCTV)