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Guotai Junan expects Hong Kong stocks to fluctuate upward in an N-shaped pattern next year to explore domestic demand and improve investment opportunities. Chen Ximiao, chief analyst of Guotai Junan's overseas strategy, said that looking forward to 2025, the disturbance factors in the Hong Kong stock market from the external environment will continue, and the pace of interest rate cuts by the Federal Reserve under overseas inflation, policy restrictions in areas such as strong US dollar and tariffs, and game friction among big countries will continue. However, the domestic policy thinking is clear, economic expectations are expected to stabilize under the financial impetus, and the profitability of molecular enterprises will improve, and the industrial chain will be able to cope with it. She said that in 2025, the sensitivity of the Hong Kong stock market to external shocks is expected to decline, and more attention should be paid to returning to its own logic. For the trend of Hong Kong stocks in 2025, it is expected to be dominated by the upward pattern of N-shaped shocks, and there are many opportunities for flexibility during the stage. In 2025, we should still actively look for the structure, and focus on the barbell strategy to shift the weight of the two ends. We need to pay more attention to the configuration rhythm and pay attention to the repair opportunities of some domestic products.The fire spread in Southern California, USA, with more than 53,000 users losing power. The bush fire near downtown Malibu, Southern California, USA is still spreading. As of the evening of the 10th EST, the fire area has expanded to 10.98 square kilometers, and there are more than 53,000 users losing power in California. The director of the Los Angeles County Fire Department said at the news conference on the same day that the fire has not yet been controlled and a small number of houses were burned, but no casualties were caused. (CCTV News)The whole link and the whole chain cracked down on the case of sneak shots and stealing photos. The case of selling videos in hotels was sentenced to 10 years. Today, the Supreme People's Court released four typical cases of punishing illegal production, sale, use of eavesdropping equipment and stealing photos according to law. In the first case, the defendant installed a sneak shot device in the hotel room to sneak a shot of his human behavior and made it into a video for profit. The people's court fully considered the illegal income and other circumstances, and determined that the actions of the five people were "particularly serious" and "serious". The court sentenced Shimou, Wu Mou Dong, Wu Mou Hua, Luo Moujing and Tian Moujun to fixed-term imprisonment ranging from 10 years to one year and six months for making and selling obscene articles for profit, and fined them ranging from 300,000 yuan to 10,000 yuan. According to the Supreme Law, in the next step, the court will strengthen cooperation and cooperation with relevant departments, continuously improve the quality and efficiency of cracking down on crimes of illegal production, sale and use of eavesdropping and photo stealing equipment, and resolutely cut off the industrial chain of stealing black ash.

The speaker of South Korea's National Assembly called for an investigation into martial law.The change of industrial metal plate increased the daily limit of Liyuan shares, and the change of industrial metal plate increased the daily limit of Liyuan shares. Yun Aluminum shares rose by more than 7%, and Huafeng Aluminum, Shenhuo, Northern Copper and Yiqiu Resources followed suit.The CSI A500ETF paid dividends for the first time. On December 11th, ICBC Credit Suisse announced the dividend, becoming the first CSI A500ETF product to announce the dividend. The dividend plan is to allocate 0.066 yuan for every 10 fund shares, the base date of income distribution is November 29, and the net value of fund shares on the base date is 1.0078 yuan. In addition, ICBC Credit Suisse CSI A500ETF's dividend registration date is December 13th, and the cash dividend payment date is December 18th.

In response to the US request for TSMC's advanced manufacturing process to be moved to the United States, Taiwan Affairs Office spokeswoman Zhu Fenglian said: TSMC has become a "warlords" for the Democratic Progressive Party authorities to please the United States. As the public opinion on the island has said, it is only a matter of time before the Democratic Progressive Party authorities are determined to "rely on the United States for independence" and TSMC becomes a "United States product". If the Democratic Progressive Party authorities are allowed to "sell Taiwan" without a bottom line, the advantages of related industries in Taiwan Province will be weakened, and the interests of enterprises and people on the island will be harmed. When the use value of Taiwan Province is drained, the "chess pieces" will become "abandoned children", and the enterprises and people on the island will see this more and more clearly. It should be pointed out that many Taiwan Province enterprises have developed rapidly by participating in cross-strait cooperation, which fully proves that the right way is for the two sides to work together to expand the Chinese national economy.Beijing's subsidy policy for old vans has been extended to the end of the year. The Beijing Municipal Bureau of Ecology and Environment said yesterday that in order to meet the needs of car owners for trade-in, the city issued the Notice on Adjusting the Implementation Rules for Beijing to Further Promote the Scrapping and Updating of Old Wagons and Large and Medium-sized Buses with Emission Standards of Grade 4 and below, extending the application time of subsidies, expanding the scope of benefits of subsidies, and further stepping up efforts to promote the scrapping and updating of old trucks and large and medium-sized buses with emission standards of Grade 4 and below in the city. The applicable time of subsidy is extended from August 26th, 2024 to December 10th, 2024 to August 26th, 2024 to December 31st, 2024. In addition, this time, subsidies have been added to the owners of micro, light and medium-sized trucks that meet the four emission standards of scrapped countries from August 26 to December 31, 2024. Among them, the scrapped national four emission standards for micro and light trucks are subsidized by 15,000 yuan/vehicle; The subsidy for medium-sized trucks with four emission standards in scrapped countries is 25,000 yuan/vehicle.As of the close of early trading, the Nikkei 225 index fell by 0.65% and the Dongzheng index fell by 0.2%.