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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)Black Myth: Wukong won seven nominations in the British Film Academy Award #, and BAFTA announced the list of nominated works for each award in 2024. The domestic masterpiece Black Myth: Wukong won seven nominations in terms of best game, artistic achievement, audio achievement, technical achievement, best score, best narrative and latest IP.Taobao responded to the netizen's 12 missing BMW cars: it's not fraud, it's really lucky. Recently, in the treasure-digging operation of Taobao Double 12, a 92-year-old girl from Shaanxi won a limited edition BMW motorcycle for 12.12 yuan. When interviewed, the girl said that she thought it was a model or a fraud, and she was worried that she had concerns without a driver's license. Taobao responded: "It's not fraud, it's your luck." He also expressed his willingness to add fire to the lucky young lady to go out and see, contract all the driver's license test fees and vehicle delivery fees, and ensure safety after the driver's license test. (Observer Network)

KPMG: It is expected that the amount of IPO funds raised in Hong Kong will remain in the top five next year. After the second half of this year, Hong Kong's new stock market welcomed Midea Group and other leading enterprises to come to Hong Kong for listing, KPMG said that the annual amount of IPO funds raised in Hong Kong is expected to reach HK$ 82.9 billion, ranking fourth. KPMG estimates that the new stock market in Hong Kong will continue to improve next year. It is estimated that 80 companies will come to Hong Kong to list, raising 100 billion to 120 billion Hong Kong dollars, and it is expected to remain in the top five.Jundingda: The opening ceremony of the Mexican subsidiary was held in late November, which will not have a significant impact on the company's revenue for the time being. Jundingda (301538) said in an institutional investigation on December 10 that the Mexican subsidiary had held its opening ceremony in late November 2024, and some downstream customers still need to complete on-site certification and audit. The operating area of the subsidiary is about 6,000 square meters, which will not have a significant impact on the company's operating income for the time being. In the future, the company will explore the feasibility of setting up foreign factories, sales offices and warehouses covering other overseas regions, such as Europe and Southeast Asia, according to the needs of downstream customers.Runyang's Jianhu 16GW N high-efficiency solar cell base resumed production. According to Runyang's WeChat WeChat official account news, on December 9, Runyang's Jianhu 16GW N high-efficiency solar cell base officially resumed production, which is another advanced solar cell base of Runyang in China since it resumed production in Qujing, Yunnan in October this year. It is reported that Runyang Jianhu production base is the largest single N-type battery production base in China at present, which has achieved full coverage of intelligent production and has an annual production capacity of 16GW of solar cells, and is committed to becoming one of the largest and most technologically advanced high-efficiency photovoltaic cell production bases in the world.

Huaxi Securities: Maintain the "Buy" rating of Hagrid Communication, and be optimistic about the forward-looking layout of satellite Internet and low-altitude economy. Huaxi Securities Research Report pointed out that Hagrid Communication (002465.SZ) selected China Mobile's "R&D service procurement project for integrated terminal chips in 2024-2025", with an estimated contract amount of 31.06 million yuan. The selection in the development and procurement of Beidou Tongdao Fusion Chip once again proves that the company and China Mobile have carried out business cooperation and strategic coordination in many fields, including Beidou+industry application development, coordinated development of air and space integration, low-altitude infrastructure construction, integrated construction of vehicles and Lu Yun, and comprehensive operation and maintenance business development. It is believed that the strategic cooperation of operators will continue to deepen, which is expected to help Beidou and satellite Internet business upgrade and enhance the company's related resource endowment. As one of the leading Beidou manufacturers, the company is optimistic about the forward-looking layout of satellite Internet and low-altitude economy, and maintains a "buy" rating.The impeachment case of South Korean President Yin Xiyue is expected to be voted again in the National Assembly at 17: 00 on the 14th. According to the news of the Common Democratic Party, the largest opposition party in South Korea, the impeachment case against President Yin Xiyue is expected to be voted again in the National Assembly of South Korea at 17: 00 on the 14th (16: 00 Beijing time on the 14th).Wuxi factory was completed last year, and Yakult in Shanghai was closed this year: The Shanghai factory has been integrated into the Shanghai headquarters. Recently, the news that Yakult, a lactic acid bacteria brand, closed its Shanghai factory attracted attention. It is reported that the Shanghai factory producing Yakult, a lactic acid bacteria beverage, stopped production on December 6, and the production will be fully transferred to other domestic bases such as Tianjin factory and Wuxi factory. In this regard, Yakult China said that the Shanghai factory has been integrated into the Shanghai headquarters, and the closure of the Shanghai factory is part of the business reform, with the aim of improving production efficiency through restructuring and integrating resource allocation to further improve sales and performance. (21 Finance)