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People's Financial News, March 12 — According to reports, Hezbollah leader Naim Qassem congratulated Ebrahim Raisi on his election as Iran's Supreme Leader on the 11th and declared loyalty to Mujeeb Tabar's leadership. (CCTV News)

The Israel Defense Forces recently conducted air and sea strikes on Hezbollah targets in Beirut, Lebanon, launching approximately 200 projectiles and targeting about 70 locations, including infrastructure and command headquarters. Several senior commanders were killed in the operation.

People's Finance News, March 12 — On the evening of March 11, local time, Iranian President Ebrahim Raisi posted on his social media platform that he reaffirmed Iran's commitment to maintaining regional peace during phone calls with Russian and Pakistani leaders. Raisi stated that the "only way" to end the current war provoked by the United States and Israel is to recognize Iran's legitimate rights, pay war reparations, and have the international community provide firm guarantees to prevent future acts of aggression. (CCTV News)

People's Financial News, March 12 — According to reports, on March 11, local time, Venezuela's interim President Delsi Rodriguez announced the appointment of Paula Henao as the new Minister of Petroleum. Paula Henao previously served as Deputy Minister of the Venezuelan Ministry of Petroleum, assisting in industry policy formulation and overseeing the daily operations and technical affairs of the national oil company. Henao, an oil engineer, has worked at Petróleos de Venezuela (PDVSA) for over 20 years. Rodriguez stated that Henao will be responsible for driving the "recovery and development" of the energy sector, restoring oil production, and promoting the country's economic growth. (CCTV News)

People's Finance News, March 12 — On the evening of the 11th, local time, Iranian Foreign Minister Amir Abdollahian posted on his social media in response to an attack on a bank institution in Iran earlier that morning. Abdollahian stated that Iran's national infrastructure is under attack. This time, a branch of Iran's oldest bank was bombed while employees were still working. Abdollahian wrote in the post, “Our strong armed forces will retaliate for this crime.” (CCTV News)

The People's Financial News, March 12 — On March 11, local time, the Congressional Budget Office released the Budget and Economic Outlook for 2026 to 2036. According to the forecast, the federal budget deficit for the 2026 fiscal year will be $1.9 trillion, increasing to $3.1 trillion by 2036. Relative to the size of the economy, the deficit will account for 5.8% of Gross Domestic Product (GDP) in 2026, rising to 6.7% by 2036, higher than the average deficit level of 3.8% over the past 50 years. The rise in net interest costs is the main reason for the increase in the deficit. (CCTV News)

People's Financial News, March 12 — French President Emmanuel Macron stated at the Élysée Palace on March 11 that the current Strait of Hormuz has become a "battlefield." The Group of Seven (G7) held a meeting that day to discuss mechanisms to ensure freedom of navigation and maritime security. Macron said that disruptions to shipping through the Strait of Hormuz have affected about one-third of global fertilizer trade, so all parties need to closely monitor the impact of this situation on agricultural production. (CCTV News)

People's Financial News, March 11 — Fei Rongda ( 300602 ) announced on March 11 that the specific shareholder Feichi Investment, holding 0.0086% of the company's shares, plans to reduce its holdings by 50,064 shares through centralized bidding, accounting for 0.0086% of the company's total share capital. Director and Vice General Manager Ma Jun plans to reduce his holdings by no more than 2 million shares through block trades or centralized bidding, representing 0.3437% of the company's total share capital. The total shares to be reduced by the above shareholders will not exceed 2,050,100 shares, accounting for 0.3523% of the company's total share capital.

People's Financial News, March 12 — The main contract for low-sulfur fuel oil at the Shanghai Futures Exchange increased by over 17%, reaching 5,788 yuan per ton.

Israeli Defense Forces Commander Shaei Klaper stated that due to threats from Iran and Hezbollah, the coming days are expected to be more difficult. Restrictions will continue until the end of this week, emphasizing the priority of ensuring citizen safety and maintaining economic and educational stability.

People's Financial News, March 12 — On March 11, local time, Slovak Prime Minister Fico urgently convened a cabinet meeting and announced a measure to stabilize fuel prices. Over the next five days, Slovak Oil Company has pledged to freeze fuel prices and will not raise prices due to the current international turmoil. Fico emphasized that the Slovak government’s goal is to keep fuel prices permanently lower than those of neighboring Austria. It is understood that this temporary price freeze is intended to buy time to stabilize the market. After five days, the Slovak government will meet again with Slovak Oil Company to discuss and determine the next response strategy. (CCTV News)

On March 11, out of 31 industries in Shenwan, 16 experienced net capital inflows, with the Electric Power Equipment industry leading at 3.908 billion yuan. In individual stocks, 1,855 stocks saw net purchases, 116 stocks exceeded 50 million yuan, with Sungrow Power Supply leading at 495 million yuan.

People's Financial News, March 12 — Qichacha app shows that recently, Jiangyin Guolian Xizhou Artificial Intelligence Industry Equity Fund Partnership (Limited Partnership) was established with a capital contribution of 500 million yuan. Its business scope includes activities such as private equity fund investment, investment management, and asset management. Qichacha's equity penetration shows that this partnership is jointly funded by Wuxi Guolian Xizhou Private Equity Investment Fund Partnership (Limited Partnership) and others.

Bank wealth management scale rebounded after decline in February, with 14 wealth management companies experiencing a month-on-month increase of approximately 700 billion yuan, but still down 110 billion yuan compared to the end of last year. Wealth management products with rights have become a focus of attention, and the issuance of hybrid products increased significantly, setting a new monthly sales record.

Recently, senior executives of Chinese payment institutions have been frequently replaced. Experts point out that this is an optimization of governance and a response to compliance and competition. Compliance and technical talent have become the core drivers of these adjustments, aligning with future transformation needs. The payment industry is moving toward a new stage that emphasizes both compliance and innovation, and executives need to possess higher professional competence.

People's Financial News, March 12 — As of March 11, the Shanghai Stock Exchange's margin financing balance was 1,335.98 billion yuan, a decrease of 7.32 billion yuan from the previous trading day; the Shenzhen Stock Exchange's margin financing balance was 1,298.21 billion yuan, an increase of 61.54 billion yuan from the previous trading day; the total for both markets was 2,634.20 billion yuan, an increase of 54.22 billion yuan from the previous trading day.

Tencent Cloud responds to security issues related to OpenClaw, stating that users' high expenses are unrelated to public welfare activities and are due to historical model invocation costs. OpenClaw installation is free, but calling large models incurs charges, a common situation in other Agent tools.

People's Financial News, March 12 — On March 11, local time, according to a report released by the Gaza Strip Health Department, since the ceasefire was reached on October 11 of last year, the death toll in the Gaza Strip caused by Israeli military attacks has risen to 650, with 1,732 people injured. The report states that in the past 24 hours, a total of 1 deceased and 2 injured were sent to hospitals in the Gaza Strip. The report also points out that since the outbreak of a new round of large-scale Israeli-Palestinian conflict on October 7, 2023, Israeli attacks on the Gaza Strip have resulted in 72,135 deaths and 171,830 injuries. (CCTV News)