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What is the significance of fiscal and monetary policy adjustment? Expert: The path of "more active and promising" fiscal policy has been clarified. The Central Economic Work Conference, which closed yesterday, pointed out that a more active fiscal policy and a moderately loose monetary policy should be implemented next year. What kind of signals are released behind these policies? In terms of fiscal policy, the Central Economic Work Conference requested that a more active fiscal policy should be implemented next year, so as to improve the fiscal deficit ratio, increase the issuance of ultra-long-term special government bonds, increase the issuance of special bonds for local governments, optimize the structure of fiscal expenditure, and secure the bottom line of "three guarantees" at the grassroots level. Experts said that these requirements clarified the path of "more active and promising" fiscal policy. Focusing on vigorously boosting consumption, the Central Economic Work Conference requires that special actions to boost consumption should be implemented next year, the basic pension for retirees should be appropriately raised, and the "two new" policies (large-scale equipment renewal and trade-in of consumer goods) should be implemented. (CCTV News)Fat Donglai is working out stricter measures to solve the problem of purchasing, including real-name purchase and regular quantitative purchase system. On December 13th, Yu Donglai issued a document saying: Fat Donglai is working out stricter and more effective measures! In the future, including real-name purchase and regular quantitative purchase system! Discuss and formulate relevant systems to control purchasing behavior and lift the membership of permanent fat east!The CSI convertible bond index closed down 0.42% at midday, while Z-mode convertible bond, Tongguang convertible bond and future convertible bond fell 8.76%, 6.00% and 5.21% respectively. Lide convertible bonds rose by 20.00% and Guiguang convertible bonds rose by 7.60%.

Wofei Sky Global Headquarters Base started in Chengdu. On December 12th, Wofei Sky Global Headquarters Base officially started in Chengdu High-tech Zone Future Science and Technology City. The first phase of the project started this time covers an area of about 30 mu, with a planned construction area of 26,700 square meters. It will build a production chain including composite material production, component assembly, painting, machine assembly, flight test, etc., which is mainly used for mass production of Wofei Changkong self-developed AE200 products.Yu Chengdong Tik Tok rose more than 400,000 yuan overnight. On the evening of 12th, Yu Chengdong registered Tik Tok account, and the authentication information was displayed as "Managing Director of Huawei, Chairman of BG& BU, a terminal smart car solution". As of the 13th, the powder rose by over 400,000 overnight. (Oriental Finance)District 9 of Beijing issued a gale warning. At present, Huairou, Yanqing, Changping, Haidian, Mentougou, Fangshan, Chaoyang, Pinggu and Shijingshan have issued a blue gale warning signal. Today, the wind-cold effect is obvious, and the body feels cold. We should pay attention to wind and cold protection, and stay away from temporary structures such as billboards and tall trees, and do a good job in outdoor aerial work.

Consumer stocks of Hong Kong stocks fell, with Budweiser Asia Pacific (01876.HK) and China Resources Beer (00291.HK) falling more than 5%, Nongfu Spring (09633.HK) and Mengniu Dairy (02319.HK) falling 4%, and Li Ning (02331.HK) and Anta Sports (02020.HK) falling more than 3%.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)Ministry of National Defense: The PLA Military Orchestra will perform in Vietnam. Wu Qian, spokesman of the Ministry of National Defense: At the invitation of the Vietnamese Ministry of National Defense, the China People's Liberation Army Military Orchestra will send a team to perform in Vietnam from December 14 to 23 to participate in the celebration of the 80th anniversary of the founding of the Vietnamese People's Army. This move will help deepen the traditional friendship between the Chinese and Vietnamese armed forces and expand the cultural exchanges between the two armed forces.