Goldman Sachs: Preliminary data from EPFR show that the allocation of global mutual funds to China stocks declined in November. On the asset-weighted basis, active mutual funds still underallocate China stocks by 290 basis points. This week, China stock funds ushered in a strong inflow of $5.6 billion, breaking the previous trend of outflow for seven consecutive weeks.Georgian President: He will not leave the presidential palace after his term ends. On December 13th, local time, Georgian President Zurabishvili said that he would not leave the presidential palace after his term ends. Georgian President Zurabishvili said on November 30th local time that although her term of office is coming to an end, she will not hand over power because the current parliament is illegal. She will remain president "until a new parliament is legally elected". According to the Georgian Constitution, Zurabishvili's six-year term will expire on December 16th. The Georgian Parliament passed a resolution on November 26th, deciding to hold the presidential election on December 14th and the inauguration ceremony of the new president on December 29th. Georgia held a new parliamentary election on October 26, and the Georgian Dream Party won more than half of the votes. Four opposition coalitions, which also entered the parliament, refused to recognize the election results and demanded a new parliamentary election. Zurabishvili announced on October 27th that it would not recognize the results of the new parliamentary election.European members of NATO are considering increasing the proportion of military expenditure. On December 12th, the Financial Times reported that some European members of NATO are considering increasing the proportion of national defense expenditure in their gross domestic product (GDP) from the current 2% to 3%, which will bring budgetary pressure to many European countries.
The pharmacy chain WBA rose to 4%. It is reported that Sycamore Partners LP is arranging a debt financing plan for the acquisition of WBA. Sycamore has contacted lenders such as Bank of America and JPMorgan Chase.According to the data of Cat's Eye Professional Edition, the movie "Romantic Generation" was released for 23 days, and the total box office broke 10 million.American polls show that half of Americans lack confidence in Trump's ability to nominate qualified cabinet members. A recent poll by the Associated Press -NORC Public Affairs Research Center shows that half of Americans lack confidence in President-elect Trump's ability to nominate qualified people for the new cabinet or key administrative positions. According to the survey results, 55% of American respondents have "a little confidence" or "no confidence at all" in Trump's ability to select qualified candidates during his second term, and another 27% have "very confidence". The poll was conducted from December 5 to 9, and the respondents were 1251 American adults, with a margin of error of 3.7 percentage points.
The handover ceremony was held at the French Chancellery. francois bayrou officially became the prime minister. The handover ceremony was held at the French Chancellery on the afternoon of December 13th, local time. francois bayrou officially succeeded Michel Banier as the prime minister of the French government. Earlier in the day, French President Macron appointed francois bayrou as the new French Prime Minister.Turkey said it would crack down on Kurdish armed forces in Syria. Turkish President Erdogan held talks with visiting US Secretary of State Blinken in Ankara on December 12. The two sides discussed the latest situation in Syria and bilateral relations. Erdogan said that Turkey would crack down on all "terrorist organizations" such as the PKK.Market News: Belarusian President Lukashenko approved the budget of Belarus in 2025.