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Argentine President Millay vowed to abolish capital and foreign exchange controls. Argentine President Millay promised to abolish capital and foreign exchange controls next year, and his government intends to negotiate a free trade agreement with the United States after Trump takes office. The difference between the black market exchange rate and the official exchange rate in Argentina has been narrowing, and even nearly disappeared in recent weeks, which helps the government to deregulate more easily. Millay announced that in order to solve the debt mountain problem of the central bank, Argentina will either sign a new agreement with the International Monetary Fund (IMF) to replace the existing $44 billion agreement or reach an agreement with private investors. "This brings us closer to the final abolition of capital control every day. Capital control is an abnormal phenomenon that should not have happened, and we will put a permanent end to it next year," Millay said in a national televised speech on Tuesday, accompanied by cabinet members. Millay said that from now on, Argentines will be allowed to pay, sell and earn income in any currency they want, but the peso will continue to be used for tax payment. Earlier on Tuesday, Millay said it would take four years to close the central bank, one of his main campaign promises.Pakistan KSE-100 index rose 1% to 110,164.30.The minimum acceptable price of the two-year national debt issued by the Ministry of Finance in Hong Kong is 100.62 yuan. The minimum acceptable price of the five-year national debt issued by the Ministry of Finance in Hong Kong is 102.41 yuan.

Hainan has issued "two lists" in the commercial field, which will be implemented on December 25th. Recently, the Hainan Provincial Department of Commerce issued the List of No Administrative Punishment in the Commercial Field of Hainan Province and the List of Lighter Administrative Punishment in the Commercial Field of Hainan Province. There are 30 items in the two lists, and it is clear that some acts in the commercial field of Hainan Province will not be subject to administrative punishment or lighter administrative punishment, which will be implemented on December 25 this year. The List of Non-administrative Penalties in the Commercial Field of Hainan Province clarifies the name of the matter, applicable conditions, basis for non-punishment, relevant legal provisions, remarks and other contents, involving 17 items such as "the franchisor failed to report the franchise contract concluded in the previous year to the competent commercial department on time". Among them, 11 items are "minor violations, corrected in time, without harmful consequences, no administrative punishment"; Six items are "illegal acts, and if they are illegal for the first time and the harmful consequences are minor and corrected in time, they may not be given administrative punishment". The List of Lighter Administrative Penalties in Commercial Fields in Hainan Province clarifies the name of the matter, the applicable conditions, the basis of lighter punishment, relevant legal provisions, the range of lighter punishment, etc., involving 13 items such as "the auction enterprise illegally announces or displays before the auction". The Provincial Department of Commerce requires the competent commercial departments of cities and counties, the comprehensive administrative law enforcement bureau and the relevant offices of the department to conscientiously implement the requirements of the "two lists", apply the provisions of the "two lists" according to law, and apply the "two lists" to adhere to the principle of combining punishment with education.Afternoon comment: the three major indexes rose slightly in half a day, and the concept of Shanghai's state-owned enterprise reform lifted the tide of daily limit. The three major indexes opened lower and went higher in early trading and rose slightly in half a day. In terms of sectors, the concept of Shanghai's state-owned enterprise reform is on the rise, and Shanghai Material Trade, First Medicine and Shibei High-tech are collectively on the rise. The retail sector continued to be strong, with the daily limit of Youa, Zhongbai Group and Maoye Commercial. The concept of AI glasses is higher, and Tianjian shares and Star Technology both have a daily limit of 20cm; Insurance stocks continued to adjust, and Tianmao Group fell to an intraday limit; Sora concept stocks collectively adjusted back, and the word Huayang Lianzhong fell; Bank shares fluctuated lower, with Bank of Ningbo leading the decline. Overall, stocks rose more and fell less, with more than 3,500 stocks rising. On the disk, Shanghai's state-owned enterprise reform, AI glasses and retail sectors were among the top gainers, while insurance, Sora concept and banking sectors were among the top losers.ADB approved a loan of US$ 200 million for power infrastructure construction in Pakistan.

President of Japan Life Insurance: I don't think we are behind our competitors in overseas acquisitions, but we are concerned about different countries.China Tiewu, etc. established the General Lugang International Logistics Company in Gansu. According to the enterprise search APP, recently, China Railway General Lugang International Logistics (Gansu) Co., Ltd. was established, with Ouyang Bing as the legal representative and a registered capital of 30 million yuan. Its business scope includes: domestic cargo transportation agents; International freight forwarder; Road freight transportation (excluding dangerous goods), etc. Enterprise equity penetration shows that the company is jointly held by China Railway General Supply Chain Technology Group Co., Ltd., a wholly-owned subsidiary of China Tiewu, and Lanzhou New District Lugang Logistics Co., Ltd.Institution: In the first half of 2024, the scale of China's edge cloud market increased by 21% year-on-year. Recently, the latest report "China Edge Cloud Market Tracking Research, 2024H1" released by International Data Corporation (IDC) shows that in the first half of 2024, the scale of China's edge cloud market totaled 5.48 billion yuan, with a year-on-year growth rate of 21.0%. Among them, the market scale of edge public cloud services, edge exclusive cloud services and edge cloud solutions reached RMB 3.00 billion, RMB 970 million and RMB 1.50 billion respectively. Internet audio and video distribution and real-time interaction based on edge resources, edge game clothes, cloud terminals and cloud games, cloud network services, and lightweight IT architecture migration of local industry customers are the core driving forces for market growth in this period.