Morning Briefing: REITs Development, Baidu's Kunlun Chip IPO, Buffett's Retirement, and More

This article provides a concise overview of recent significant news, covering financial markets, technology, and regulatory updates. Key highlights include developments in the REITs market, Baidu's plans for its Kunlun chip, and Warren Buffett's retirement. The inclusion of updates on consumer subsidies, regulatory changes in the financial sector, and the manufacturing PMI provides a well-rounded perspective on current economic trends. The article's structure allows for quick consumption of information.

• •China's securities regulator is focused on high-quality development of the REITs market.
• •Baidu plans to spin off its Kunlun chip and list it independently on the Hong Kong Stock Exchange.
• •Warren Buffett has retired as CEO of Berkshire Hathaway.
• •Updates on consumer subsidies for home appliances and digital products.
• •Regulatory changes in the financial sector, including the management of fund sales fees and non-bank payment institutions.
• •The manufacturing PMI for December showed an increase, indicating expansion.