South Korean President Yin Xiyue: I only discussed the martial law plan with the Minister of National Defense. The declaration of martial law is an administrative act of the government and is not subject to judicial review.Zhongyin Fashion: Zhongyin Group, the controlling shareholder, intends to transfer some shares of the company by agreement. Zhongyin Fashion announced that Zhongyin Group, the controlling shareholder of the company, intends to transfer 12,024,000 shares of the company's unrestricted shares to Wenwen Fund and Jinhe Investment by agreement transfer. The transferred shares each account for 5.01% of the company's total share capital, accounting for 5.07% of the company's total share capital after excluding the number of shares in the repurchase account. After this equity change, Zhongyin Group holds 94.284 million shares of the company, accounting for 39.29% of the company's total share capital, accounting for 39.79% of the company's total share capital after excluding the number of shares repurchased by the special account; Wenwen Fund and Jinhe Investment each hold 12.024 million shares of the company, each accounting for 5.01% of the company's total share capital, accounting for 5.07% of the company's total share capital after excluding the number of shares repurchased from the special account.The yield of Italian 10-year government bonds rose by 9 basis points to 3.28%, the highest level since December 2.
European Central Bank President Lagarde: The economy will strengthen over time.Trump was elected as Time Magazine's Person of the Year.The forecast of the European Central Bank assumes that the exchange rate of the euro against the US dollar will be 1.08 in 2024 and 1.06 in 2025, 2026 and 2027.
The yield of German 2-year government bonds fell by 3 basis points to 1.92%, the lowest since December 3.Trump is reported to have talked about dividends and capital gains tax.Market News: Hungarian Prime Minister Orban and Turkish President Erdogan discuss US sanctions against Gazprom.