南财早新闻｜吴清最新发声；大湾区大学正式成立

Regulatory Developments - The Chairman of the China Securities Regulatory Commission, Wu Qing, emphasized the need to strengthen classified regulation and "support the strong while limiting the weak," allowing for appropriate "relaxation" for quality institutions to optimize risk control indicators and enhance capital utilization efficiency [2] Market Overview - The A-share market has shown overall stability and activity this year, with a total market capitalization exceeding 100 trillion yuan, reflecting reasonable growth in both quantity and quality [2] - As of December 5, the total assets of 107 securities companies reached 14.5 trillion yuan, with net assets amounting to 3.3 trillion yuan [2] Economic Insights - The China Logistics and Purchasing Federation reported that the food ingredient consumption market is projected to grow from 7.77 trillion yuan in 2020 to 9.46 trillion yuan by 2024, with a compound annual growth rate of 4.0% [4] - The food circulation scale is expected to increase from 5.45 trillion yuan in 2020 to 6.21 trillion yuan by 2024, with a compound annual growth rate of 2.6% [4] Investment News - The Chairman of Guotai Junan Securities, Zhu Jian, has been appointed as the new President of the China Securities Association, focusing on enhancing the capital market's high-quality development and improving the inclusiveness and adaptability of the securities industry [6] - The "Performance Assessment Management Guidelines for Fund Management Companies" have been issued to further standardize performance assessment and compensation management, promoting sustainable development in the fund industry [6] - A report from CITIC Securities indicates that since mid-November, a turning point in inventory has been observed, with expectations for LME copper prices to accelerate towards 12,000 USD/ton due to anticipated supply gaps [6] Company Movements - DiAo Microelectronics has decided to terminate the issuance of shares and cash payment for the acquisition of 100% equity in Rongpai Semiconductor (Shanghai) Co., Ltd. [9] - Guanghetong anticipates that rising storage chip prices will impact its gross margin, and the company has increased its inventory of storage chips accordingly [9] - New Oriental Group's Chairman, Yu Minhong, addressed concerns regarding employee safety and stated that all employees are working normally while investigations into employee concerns are underway [9] - The China Securities Regulatory Commission disclosed that Guangdong Dongdao New Energy Co., Ltd. has initiated listing guidance with CITIC Securities as the advisory institution [9]