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Chief Economic Adviser of India: Continuing to support high-quality capital expenditure will be the driving force to maintain India's economic growth.Mei Ansen signed a strategic cooperation agreement with Shuguang Network Technology Co., Ltd. According to Mei Ansen, recently, Mei Ansen and Shuguang Network Technology Co., Ltd. held a strategic cooperation signing ceremony in Chongqing. The two sides reached a strategic cooperation to jointly build smart mine bases and comprehensive solutions. Shuguang Network Technology Co., Ltd. is a holding subsidiary of Zhongke Shuguang (603019).Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board. On the afternoon of December 9, 2024, Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board, and his party by appointment. The two sides had an in-depth exchange of views on the work of the Financial Stability Board, the financial stability situation in China and the economic and financial policies of major economies. (Ministry of Finance website)

Home improvement stocks continued to rise, with daily limit of Wole Home, Meike Home, Yazhen Home, Mengtian Home, Jinpai Home and Double Gun Technology, while Dinggu Set rose by over 10%, while Shangpin home delivery, Fun Sleep Technology and Wrigley Home rose by over 5%.Citigroup slightly lowered South Korea's GDP growth forecast to 1.5% next year. It is expected that the Bank of Korea will cut interest rates next month. Citigroup released a report saying that considering the worse economic sentiment in South Korea this month, it slightly lowered its GDP forecast for this year and next year by 0.1 percentage point to 2.1% and 1.5% respectively. The bank slightly lowered Korea's GDP growth forecast for the last quarter of this year by 0.1 percentage point to rise by 0.3% quarterly, and raised its GDP growth forecast for the first quarter of next year by 0.1 percentage point to rise by 0.6% quarterly. Looking forward to the first quarter of next year, the bank expects South Korea to adopt a combination of expansionary policies, including the Bank of Korea's expected interest rate cut to 2.75% in mid-January, and the government's expected additional budget of 30 trillion won (equivalent to about 1.1% of GDP next year). It is expected that the Bank of Korea will cut interest rates by 25BP each in January, April, July and October next year, and the final interest rate is expected to be 2%.Hua Fu Securities completed the capital increase and share expansion of over 4.7 billion yuan, and the Shanghai United Assets and Equity Exchange issued a closing announcement: the capital increase and share expansion project of Hua Fu Securities was launched. There were 17 participants in this capital increase, including 4 original shareholder units and 13 new investors, with a total investment of about 4.757 billion yuan. According to China, a brokerage firm, Hua Fu Securities' capital increase and share expansion has attracted wide attention in the market, becoming the largest equity financing case in the securities industry this year.

The 10-year main contract of treasury bond futures rose in the afternoon, hitting a record high. The 10-year main contract of treasury bond futures rose in the afternoon and now rose by 0.17% to 108.335 yuan, hitting a record high. In addition, the 30-year main contract rose by 0.27%, the 5-year main contract rose by 0.07%, and the 2-year main contract rose by 0.03%.Israel's Mossad Director held talks with Qatar's Prime Minister on promoting the ceasefire negotiations in Gaza. Two Israeli sources revealed that Israel's Intelligence and Secret Service (Mossad) Director Barnea visited Doha, Qatar, on the 11th and held talks with Qatar's Prime Minister and Foreign Minister Mohammad. The two sides focused on promoting the ceasefire negotiations in Gaza.Extreme Vietnam insider: Xia Yiping still stays in the company's on-site office and is seeking financing. On the morning of the 12th, Xia Yiping, CEO of Extreme Vietnam, appeared in the company's headquarters office. Xia Yiping said that he appeared first to prove to employees that he had not run away, to tide over the difficulties with the company, and second to communicate with employees face to face. Network video shows that Xia Yiping is surrounded by many employees. The demands of employees mainly include paying social security, medical insurance and provident fund, paying wages and giving employees "N+1" compensation. Xia Yiping responded that knowing that everyone is very angry, everyone has followed us for so long, and I am very grateful. "These problems are being solved. Now I am communicating with you. If I escape, I will not come." Some employees in Vietnam confirmed this statement. "His main task at present is financing, and he is also actively contacting investors for help." Insiders revealed. (The Paper)