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According to reports, AllianceBernstein will sue Switzerland for the cancellation of Credit Suisse's $17 billion debt.The three major A-share stock indexes fell, with the Shanghai Composite Index narrowing to less than 1%, the Shenzhen Composite Index rising by 1.3% and the Growth Enterprise Market Index rising by 1.35%.The 10-year active bonds of China inter-bank bond market expanded strongly in the afternoon, and the yield fell below 1.85% and continued to set a new record low.

The net sales of southbound funds reached 6 billion yuan.Investors asked the Bank of India to allow the sale of national bonds as zero coupon bond. According to people familiar with the matter, investors urged the Bank of India to allow the state government debt to be converted into zero-coupon bonds. At a recent meeting with the Bank of India, insurance companies dominated the demand for facilities to register interest on national bonds and separate transactions of securities principal (STRIPS). Currently, the Reserve Bank of India only provides this function for federal debt. STRIPS is a popular product in the United States and other developed markets. It was first released in India in 2010, but it has little effect. However, in recent years, the demand for long-term savings products has increased and sales have surged. One of the people familiar with the matter said that allowing state bills to be converted into so-called divested bonds would give investors an additional spread of 30 to 40 basis points higher than that of similar federal securities. State bonds are illiquid and are usually sold at a higher yield than central government bonds.Hang seng china enterprises index erased the previous 3.5% increase.

Brussels investigates the secret advertising transactions between Google and Meta for teenagers. According to the Financial Times, European regulators have asked Google to provide more information about the cooperation with Meta's secret advertising, which ignores the search company's own regulations on how to treat minors. The report quoted people familiar with the situation as saying that the government has been investigating a series of advertising activities to promote social media platform Instagram to teenagers.South Korea's largest opposition party reported to the National Assembly the impeachment cases against the police chief and the minister of justice. On the 10th local time, the Common Democratic Party, the largest opposition party in South Korea, reported the impeachment cases against the police chief Zhao Zhihao and the minister of justice Park Seung-jae. (CCTV News)Market News: South Korea's National Assembly passed the resolution of the special prosecutor to investigate martial law.