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 Personal pension products are about to expand greatly, and the debt base, index and active equity funds that meet the standards can all issue Y shares. It is learned from a number of public offerings that the Y shares of personal pension funds are about to expand greatly. The types of funds that can set up Y shares will be expanded from pension FOF to bond funds, index funds, active equity funds and other types. Some insiders said that fund companies do not need to report specific products that want to issue Y shares, and the Ministry of Human Resources and Social Security will uniformly announce the standards (scale, rate, performance, etc.) that can be included in the expansion, and products that meet the standards will naturally be included in the alternative pool. "The first step is to open bond funds, the second step is index funds, and the third step is active equity funds." Many insiders confirmed, but the specific expansion rules will be announced by the CSRC and the Ministry of Human Resources and Social Security. "It is expected this week." (Interface News)Ministry of Agriculture and Rural Affairs: The modern national new database of agricultural germplasm resources has been completed and put into operation. On December 10th, the Ministry of Agriculture and Rural Affairs held a press conference to introduce the general survey of agricultural germplasm resources in China. Liu Lihua, director of the Seed Industry Management Department of the Ministry of Agriculture and Rural Affairs, introduced that in order to protect the germplasm resources, the Ministry of Agriculture and Rural Affairs has continuously increased the construction of the protection and utilization system of germplasm resources, and initially established a protection and utilization system that combines in-situ protection and translocation preservation, living protection and genetic material preservation. Complement, national protection and provincial protection. In terms of crop germplasm resources, a modern national crop germplasm resource bank has been built and put into operation, with a preservation capacity of 1.5 million copies, which can meet the needs of long-term strategic preservation in the next 50 years. In terms of livestock and poultry resources, the construction of the world's largest national livestock and poultry germplasm resource bank is accelerating, and it is expected to be basically completed by the end of next year, when the preservation capacity of livestock and poultry genetic materials will reach 33 million. In terms of aquatic resources, the world-class national marine fishery biological germplasm resource bank has been put into operation, with a preservation capacity of 350,000 copies. (CCTV News)

 The French President will convene all parties to discuss the candidate for the new Prime Minister. The French Presidential Palace announced on December 9 that President Macron will convene representatives of most political parties in the Elysee Palace on the afternoon of December 10 to discuss the candidate for the new Prime Minister, so as to form a government in line with national interests. The statement of the French Presidential Palace said that the talks on the 10th only invited political parties that "indicated that they put themselves in a compromise framework", excluding the far-right National Alliance and the far-left "unyielding France" party. On the 4th of this month, the French National Assembly voted to pass a motion of no confidence for the government. French Prime Minister Banier subsequently submitted his resignation, and his cabinet continued to be responsible for daily government affairs and emergency management until the appointment of a new prime minister. Macron said in a televised speech on the evening of December 5th that a new Prime Minister would be appointed "in the next few days". (CCTV International News)The net sales of southbound funds exceeded HK$ 4 billion.

Cyrus weakened in the afternoon, falling more than 5% in intraday trading, with turnover exceeding 9.1 billion yuan. On December 10th, it was reported that Yizi International, a snack and candy company, was exploring the acquisition of Hershey, a well-known chocolate manufacturer in the United States. This potential transaction is expected to create a food giant with a total sales of nearly $50 billion. People familiar with the matter said that Yizi had made preliminary contact on a possible merger. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey. People familiar with the matter said that the consultation was at an early stage and it was uncertain whether an agreement would be reached.