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2024-12-13 03:49:09

The commercial chain plate continued to rise, and Zhijia actually had a daily limit in the afternoon. Youa shares and Yimin Group had previously had daily limit, while Doctor Glasses, Commodity City and Chongqing Department Store followed suit.The security department of the President's Office of South Korea confronted the searchers. The special investigation team of emergency martial law of the National Investigation Department of the South Korean police tried to seize and search the President's Office today (December 11), but the confrontation lasted for 2 hours due to the postponement of consultations with the security department of the President's Office. The Special Investigation Team of Emergency Martial Law of the National Investigation Department of the South Korean Police Agency said that the seizure and search personnel arrived at the consulting room of the President's Office at around 11: 45 local time to go through the entry and exit procedures, and then showed the police's seizure and search warrant to the Presidential Guard. It is understood that there are four places for the seizure and search, including the President's Office, the Secretary's Office, the State Council Room and the Presidential Security Office. The special investigation team held a two-hour consultation with the security department of the President's Office, but no results were obtained. (CCTV International News)Hang Seng Index fell 0.2%, led by Meituan. The Hang Seng Index fell 0.2% to 20,278.66 in Hong Kong for two consecutive days. Meituan dragged down the index the most, falling by 1.7%. Chuangke Industrial Co., Ltd. suffered the biggest decline, falling by 4.1%. In midday trading, 33 of the 83 stocks fell and 46 rose; Three of the four stocks fell, led by industrial and commercial stocks.


Canalys: It is estimated that the market size of generative AI will reach 72.8 billion dollars in 2029. According to Canalys' latest forecast, the global generative artificial intelligence (AI) market is still in its infancy, and it will grow fivefold in five years, from 14.6 billion dollars in 2024 to 72.8 billion dollars in 2029. Top applications include consumer, corporate services, retail, media and entertainment, and health care.Hang Seng Index fell 0.2%, led by Meituan. The Hang Seng Index fell 0.2% to 20,278.66 in Hong Kong for two consecutive days. Meituan dragged down the index the most, falling by 1.7%. Chuangke Industrial Co., Ltd. suffered the biggest decline, falling by 4.1%. In midday trading, 33 of the 83 stocks fell and 46 rose; Three of the four stocks fell, led by industrial and commercial stocks.The decline of treasury bonds futures narrowed in the afternoon, with the 30-year main contract falling by 0.05%, the 10-year main contract falling by 0.06%, the 5-year main contract falling by 0.08% and the 2-year main contract falling by 0.04%.


Wang Tao, UBS: It is expected that the Central Economic Work Conference will focus on the short-term policy package. Recently, the market highly expects the Central Economic Work Conference to guide the high-quality economic development of China next year. Wang Tao, head of Asian economic research at UBS and chief China economist, said: "I expect that the Central Economic Work Conference may focus on the short-term policy package in 2025 and 2026, but it will also emphasize accelerating some reform measures already outlined at the Third Plenary Session." Wang Tao believes that the next important reform measures may include providing better protection and access for the private economy, deepening the reform of state-owned enterprises to improve efficiency and governance, promoting household registration reform to improve the welfare of migrant workers, strengthening the social security network, and carrying out fiscal and taxation reforms to solve local fiscal revenue problems. "I think structural, deeper and faster reforms will be very important, not only to attract foreign investment, but also to boost domestic confidence." (China Daily)The number of foreign passengers entering and leaving the West Kowloon Station Port this year exceeded 1 million. The reporter recently (9th) learned from the West Kowloon Border Inspection Station of Shenzhen Border Inspection Station that since the beginning of this year, more than 1 million foreign passengers from 164 countries and regions have entered and exited through the West Kowloon Station Port, an increase of 90.2% over last year, and the highest single-day passenger flow this year exceeded 6,300. (CCTV News)Burger King China: In November this year, the number of passengers turned positive year-on-year, and the sales in October increased by about 5% month-on-month. On December 11th, the relevant person in charge of Burger King China told reporters, "Since the government issued a package of incremental policies at the end of September, many chain catering enterprises including Burger King have felt the stabilization and recovery of the catering consumption market since October this year. Especially in the past November, Burger King has achieved a positive year-on-year passenger flow. " The aforementioned person in charge pointed out, "From the sales data, in the past six years, our sales in October were almost the same as that in September. However, in October this year, the sales of Burger King China rebounded from September, increasing by about 5%. " (The Paper)

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