Skip to Content Facebook Feature Image

China's financial market shows steady recovery trend in November

China

China

China

China's financial market shows steady recovery trend in November

2024-12-24 21:55 Last Updated At:23:57

China's financial market showed a trend of steady recovery in November, with the overall index issued by China Central Television (CCTV) Finance standing at 120.8, up 16 percent year on year.

The index is China's first monthly indicator reflecting the real-time status of the country's financial operations.

The figure in November was 2.2 percent higher than the previous month.

In November, the financial index for the stock market was 19.4, increasing by three percent year on year, while that of the bond market was 26, growing by 33 percent year on year.

The money and interbank markets saw robust growth in November, with the relevant index rising 43 percent year on year to reach 24.2.

This rapid growth reflects improved liquidity in the money market and increased trading activity among institutions.

The index for the non-traditional banking financial market stood at 15.9, up 14 percent year on year, reflecting the growing demand for financial innovation and diversified financing options.

China's financial market shows steady recovery trend in November

China's financial market shows steady recovery trend in November

The escalated Israeli military operations have exacerbated the humanitarian crisis in northern Gaza Strip, with most humanitarian aid to people in multiple besieged areas denied, according to a report published by the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) on Tuesday.

Since October 6, the Israeli forces have intensified military operations in northern Gaza. They recently entered the Indonesian Hospital, forcing medical workers to evacuate, said the report.

Al Awda and Kamal Adwan hospitals, the only remaining functioning medical institutions in northern Gaza, have been hit recently as well amid urgent need for food and water provision.

The OCHA also reported that the Israeli forces have continued to impose a tightened siege on Beit Lahiya, Beit Hanoun and parts of Jabalya, with humanitarian assistance largely denied by the Israeli authorities over the past nearly 80 days.

At present, around 80 percent of the Gaza Strip is under active Israeli-issued evacuation orders.

Thousands of people there have no access to food, water, electricity and health care, and millions are at risk of being left without shelter during the cold winter months.

According to data released by the United Nations Children's Fund (UNICEF), more than 10,000 children in Gaza have been killed since the outbreak of the current round of the Israel-Hamas conflict, indicating that a Palestinian child is being killed every hour by Israeli troops, the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) said in a statement on Tuesday.

In addition to the threat to their lives, the surviving children in the Gaza Strip have been deprived of the opportunity to study and have to struggle to survive in the ruins, with their physical and mental health seriously harmed.

Those children in Gaza are losing their lives, their future and their hope, said the statement.

Israel launched a large-scale offensive against Hamas in the Gaza Strip to retaliate against an attack by the former on the southern Israeli border on Oct. 7, 2023, during which about 1,200 people were killed and about 250 taken hostage.

The Palestinian death toll from the ongoing Israeli attacks on the Gaza Strip had risen to 45,338, with 107,764 others injured, the Gaza-based health authorities said in a statement on Tuesday.

Escalated Israeli military operations exacerbate humanitarian crisis in northern Gaza: OCHA

Escalated Israeli military operations exacerbate humanitarian crisis in northern Gaza: OCHA

Recommended Articles