Core Viewpoint - The article highlights the stable growth of social financing, M2, and RMB loans in China, indicating a moderately loose monetary policy that supports high-quality economic development [2][3][5]. Group 1: Financial Statistics - As of the end of November, the total social financing stock was 440.07 trillion yuan, a year-on-year increase of 8.5%, which is 0.7 percentage points higher than the same period last year [4][8]. - In the first eleven months, the cumulative increase in social financing was 33.39 trillion yuan, which is 3.99 trillion yuan more than the same period last year [4][6]. - The RMB loan balance reached 271 trillion yuan by the end of November, with a year-on-year growth of 6.4%, and a total increase of 15.36 trillion yuan in the first eleven months [10][11]. Group 2: Government Bonds and Financing - Government bonds have been a key driver of social financing growth, with the balance of government bonds reaching 94.24 trillion yuan, a year-on-year increase of 18.8% [7][8]. - The net financing amount of government bonds is expected to exceed 12 trillion yuan this year, with the contribution of government bonds to social financing significantly increasing due to a rise in the fiscal deficit rate [7][8]. - By the end of November, government bonds accounted for 21.4% of social financing, an increase of 1.8 percentage points year-on-year, with government bond financing contributing to 40% of the increase in social financing [8][9]. Group 3: Loan Quality and Structure - The average interest rate for newly issued corporate loans was approximately 3.1%, which is about 30 basis points lower than the same period last year [16]. - The growth of inclusive small and micro loans and medium to long-term loans for manufacturing continues to outpace overall loan growth, indicating a focus on supporting key sectors [16]. - The article emphasizes the need to analyze financial data from a broader perspective, considering social financing scale and money supply rather than just loan growth to assess financial support for the real economy [14][15].

12月12日晚，摩尔线程公告，拟使用不超过75亿元的部分闲置募集资金进行现金管理。 公告披露引起关注，记者随即向公司相关负责人进行了求证。 摩尔线程相关负责人表示："公司前期明确披露了募集资金的项目计划，所募75亿资金有分阶段、明确的研发、技术升级等一系列使用安排，也将严格按 照既定募投项目计划推进。项目实施周期为三年，资金支出将根据项目进度分阶段拨付。 因为项目是分阶段投入，现阶段为提升募集资金使用效率，在 确保募投项目顺利实施、不影响原有资金安排、且保障募集资金安全的前提下，当前公司拟对部分尚未暂时闲置的募集资金进行现金管理，以合理提高资 金收益，符合公司及全体股东的利益。 " 同时，该负责人还表示， 本次审议的75亿元为现金管理额度上限，并非实际现金管理金额。实际现金管理金额将明显小于上限 ，而且后续随着募投项目 逐步推进，以及置换前期自有资金投入募投项目的金额，闲置资金规模将相应减少，现金管理额度也会随之动态下降。 茅台、五粮液同日官宣！ 苹果闪送官宣iPhone免运费 高涛认为，科创板企业普遍存在募投规模大、研发周期长的特点，提高闲置资金的存量效率是合规且合理的举措。 来源：上海证券报 作者：郑维汉 ...

Core Viewpoint - The National Market Supervision Administration has released a draft guideline for price behavior compliance in the automotive industry, aiming to promote fair competition and protect consumer rights [2][3]. Group 1: Guidelines Overview - The draft guideline consists of five chapters and 28 articles, detailing compliance requirements for price behavior in automotive production and sales [3]. - It specifies price compliance requirements for automotive production enterprises, covering aspects from vehicle and parts production to pricing strategies and sales behaviors [6]. - The guideline emphasizes the need for automotive sales enterprises to adhere to clear pricing and to address issues like misleading promotions [6]. Group 2: Industry Responses - BYD has expressed support for the guideline, stating it will enhance its price management and compliance system, ensuring consumer protection and fair competition [5][8]. - Xpeng Motors has committed to using the guideline as a reference to improve transparency and compliance in its pricing and sales processes [8]. - BAIC Group has announced its support for the guideline, pledging to integrate its requirements into its pricing and dealer management processes to uphold fair competition [8]. Group 3: Industry Association Insights - The China Association of Automobile Manufacturers has highlighted the importance of legal and compliant operations, urging companies to establish internal price compliance management mechanisms [11]. - It noted that adhering to these guidelines can help prevent brand damage and customer loss due to pricing violations, while also enhancing consumer trust in brands [11].

Group 1 - The domestic ski equipment market is experiencing a surge as ski resorts open for the season, with local brands gaining popularity due to their differentiated designs and high cost-performance ratio [2] - A sales store in Beijing is crowded with customers looking to purchase ski gear, with some popular styles sold out [3] - Consumers appreciate the aesthetic appeal and affordability of domestic brands [4] Group 2 - Sales staff indicate that there were no domestic ski brands in the past, but now there are increasing numbers of dedicated stores, and domestic ski equipment sales are on the rise [6] - Efficient after-sales service of domestic ski equipment is a significant factor attracting consumers [6] Group 3 - Data shows that since the start of the ski season, sales of ski clothing have increased by over 50%, while overall ski equipment sales have grown by over 30%. Some domestic ski clothing brands have seen sales growth exceeding 60%, and certain domestic helmet and protective gear brands have experienced a 100% increase in sales [8]

南大一附院驻村工作队在江西铜鼓县兴源村开展"幸福集市"活动 叶晨鸽 摄 "我们帮忙打包运走，省得老人家辛苦。"驻村工作队第一书记陈超说，兴源村农产品有了新销路。 兴源村位于赣西北边陲，距铜鼓县城约10公里。过去几年，兴源村交通不便、销售渠道单一、村民年龄偏大……这些因素曾长期制约着村庄的发展。南大 一附院驻村工作队进驻后，积极帮助兴源村改建进村公路，拓宽村民农产品销路。 初冬时节，江西铜鼓县永宁镇兴源村的脱贫户蒋花梅家迎来喜事——她精心饲养的土猪出栏了。院子里，南昌大学第一附属医院驻村工作队正帮忙将400 多斤新鲜猪肉分装、打包，准备运往南昌。这些猪肉早已通过"兴源村幸福集市"小程序被预订一空，6000多元销售款也提前打到了蒋花梅的账户上。 "通过搭建一座桥梁，我们让山里的优质农产品能够走向更广阔的市场。"驻村工作队队员陈易说。 如今，"幸福集市"已成为兴源村农产品销售的重要渠道。驻村工作队计划进一步完善平台功能，通过精准对接产销需求，探索"小农户对接大市场"的有效 路径。 "村里其实有很多好东西。"陈超回忆刚驻村时的情景：村民散养的土猪品质优良，手工制作的酸枣饼风味独特，蔬菜新鲜绿色，黄桃甘甜多汁。但受限于 ...

Group 1 - The core issue discussed is the temporary disruption of the WeChat service, which led to users being unable to send or receive messages in group chats [1][4] - Tencent's WeChat team acknowledged the problem, attributing it to a slight server glitch, and confirmed that the service has been restored [4] Group 2 - The incident sparked significant discussion on social media platforms, with many users sharing their experiences of the service outage [1] - The response from Tencent indicates a commitment to maintaining service reliability and addressing user concerns promptly [4]

深圳市市场监督管理局网站12月11日发布信息显示，深圳罗马仕科技有限公司因违反强制认证规定、虚假宣传，被深圳市市场监督管理局南山监管局没收 违法所得12366元，罚款123万元，处罚事由为认证认可违法行为。 来源：中新经纬 关注" 新华网财经 "视频号 更多财经资讯等你来看 往期推荐 茅台、五粮液同日官宣！ 苹果闪送官宣iPhone免运费 ...

Group 1 - Moutai and Wuliangye announced significant updates on the same day, indicating potential competitive dynamics in the liquor industry [5] - The announcements may reflect strategic moves to enhance market positioning and consumer engagement [5] Group 2 - Apple has officially announced free shipping for iPhone purchases, which could impact sales and customer satisfaction in the smartphone market [7] - This move may be aimed at boosting sales during competitive periods and enhancing the overall customer experience [7]

本周，寒潮强势来袭 全国多地气温将创新低 还将出现立冬以来最强降雪 据预测，今天（12日） 将迎来本轮寒潮雨雪最强时段 部分地区可能出现大雪甚至暴雪 雨雪天气如何安全出行？ 何时回暖？ 1 本轮寒潮 雨雪最强时段就在今天 昨天（11日）开始，大范围降雪已经自西向东在北方展开。今天（12日）将会是本轮寒潮过程中雨雪天气的最强时段，也是范围最广的一天。 雪有多大？预计11日20时至12日20时，甘肃中部和东南部、内蒙古河套地区、陕西中北部、山西、河北西部、河南中北部等地部分地区有大雪，其中山西 西部、河南中部等地局地有暴雪，上述部分地区新增积雪深度5至10厘米，局地可达12至18厘米。华北、黄淮多地的今冬初雪也将在这轮过程中"正式签 收"。 雨在哪里？预计11日20时至12日20时，江淮西部、江汉、江南西部、西南地区东部、华南、海南岛、台湾岛等地部分地区有小到中雨，局地大雨。 本次北方的降雪主要是湿雪，含水量大，重量沉，需及时清除积雪，防止农业大棚、临时搭建物出现垮塌。更关键的是，内蒙古、陕西、山西、河北、河 南等地高速公路的部分路段可能出现积雪和结冰。"湿雪+结冰"，雨雪天气如何安全出行？ 行人出行 防滑防摔： ...

12月10日，浙商银行、渝农商行发布公告宣布拟取消监事会。据不完全统计，今年以来，已超20家银行宣布不再设立监事会或披露相关计划。 业内人士指出，取消监事会的银行将由董事会审计委员会承接监事会职权，这有助于提升公司治理效率、降低运营成本，但需确保监督的独立性、专业性 与有效性。 多家银行不再设立监事会 12月10日，浙商银行发布第七届董事会2025年第九次临时会议决议公告，会议审议通过了《关于不再设置监事会的议案》，该议案尚需提交股东大会审议 通过。 随后，浙商银行发布H股公告显示，根据《中华人民共和国公司法》以及中国证监会、金融监管总局关于不设置监事会的有关规定，浙商银行拟不再设置 监事会，由该行董事会审计委员会承接法律法规规定的监事会职权，在董事会中设置职工董事，并相应修订公司章程。该行各项规章制度中涉及监事会、 监事的规定将不再适用。此次调整自该行股东大会审议通过且收到金融监管总局的核准批复后生效。 同日，重庆农商行发布2025年第一次临时股东大会决议公告称，会议审议通过了该行不再设置监事会的议案。 此外，宁波银行于12月8日召开的临时股东大会已审议通过《关于不再设立监事会的议案》；贵阳银行12月5日公 ...