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Chen Hui, general manager of CPIC Property & Casualty Insurance, was approved. Recently, CPIC Property & Casualty Insurance, a subsidiary of China CPIC, announced that the State Financial Supervision and Administration Bureau approved the qualification of general manager of Chen Hui China Pacific Property Insurance Co., Ltd. on November 27th, 2024. According to the data, Chen Hui was born in February 1969. He is currently the director, general manager, compliance officer and chief risk officer of CPIC Property Insurance. Chen Hui used to be assistant and deputy general manager of CPIC Property & Casualty Beijing Branch, general manager of CPIC Property & Casualty Hebei Branch, general manager and human resources director of CPIC Property & Casualty Human Resources Department. Prior to this, Chen Hui worked in Beijing Coal Corporation.Reuters survey: 93 out of 103 economists believe that the Federal Reserve will cut the federal funds rate by 25 basis points to 4.25%-4.50% on December 18th.KPMG: Artificial intelligence has produced a convincing level of return on investment, and the return on investment value of generative AI is higher. On December 10th, KPMG, one of the top four international accounting firms, said that artificial intelligence (AI) has produced a convincing level of return on investment, and the return on investment of machine learning, deep learning and generative AI all met or exceeded expectations. "Among them, the return on investment value of generative AI is relatively higher." KPMG pointed out that at present, the application of generative artificial intelligence is growing, and generative artificial intelligence has become the top priority of the future layout of enterprises. KPMG stressed that with the accelerated growth of AI applications, the technology dividend will increase exponentially, and the return on investment of AI is very significant. At present, the industry changes brought by artificial intelligence are taking place, and it is very important to change from passive thinking to active thinking.

Reuters survey: 56 out of 97 economists said that the Federal Reserve will cut the federal funds rate to 3.50%-3.75% or lower by the end of 2025 (70 out of 99 economists in November).Prime Minister of Mauritius: The previous government falsely reported GDP and public debt.Israeli forces bombed northern Gaza, killing 25 people. The Palestinian Islamic Resistance Movement (Hamas) Media Office issued a statement on the 10th, saying that Israeli forces bombed Beit Hanoun, a city in the northern Gaza, on the evening of the 9th, killing at least 25 people and injuring or missing dozens more. The statement said that the attack was on a multi-storey building and the victims included more than 10 children and women. As the Israeli army continues to carry out operations in northern gaza province, the local medical system is under great pressure. The Israeli army also blocked the entry of emergency personnel and medicines. The Israeli army has not yet responded to this. (Xinhua News Agency)

Lvkang Biochemical: The transaction price of selling 9.7768% equity of Pucheng Rural Credit Cooperative was 23.27 million yuan. Lvkang Biochemical announced that the company held the board of directors and the board of supervisors on December 9, 2024, and deliberated and passed the proposal of selling 9.7768% equity of Pucheng Rural Credit Cooperative. The equity will be transferred to Fujian Putan Thermal Energy Co., Ltd. at a transfer price of 23.27 million yuan. After the transaction is completed, the company will no longer hold the equity of Pucheng Rural Credit Cooperative. The transaction still needs to be approved by the financial supervision department and submitted to the shareholders' meeting for deliberation.Market News: The Russian Duma supports the legislation to remove the Taliban from the list of prohibited organizations.Reuters survey: 56 out of 97 economists said that the Federal Reserve will cut the federal funds rate to 3.50%-3.75% or lower by the end of 2025 (70 out of 99 economists in November).