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Navigation warning! In the sea shooting test in the southern part of the Yellow Sea, Lianyungang Maritime Safety Administration issued a navigation warning. From 8: 00 to 14: 00 on December 11, some sea areas in the southern part of the Yellow Sea were fired with live ammunition, and it was forbidden to enter. (Website of China Maritime Safety Administration)By 11:21, 100 stocks in the two cities had daily limit.The yield of 10-year treasury bonds fell by 5 basis points.


Bond futures increased by 1.00% for the 30-year main contract, 1.00% for the 30-year main contract, 0.51% for the 10-year main contract, 0.32% for the 5-year main contract and 0.10% for the 2-year main contract.Goldman Sachs: Take a positive view on the demand prospect of Xiaomi Yuqi and rate it as "Buy". Goldman Sachs published a report that it has a positive view on the demand prospect of Xiaomi Yuqi based on the disclosed specifications, performance and endurance, and thinks that Xiaomi Yuqi has the potential to become one of the best-selling high-end new energy SUVs in China. According to the report, since the strong debut of the first model SU7 in March this year, its performance has exceeded the original expectations of the bank, and it has continued to consolidate its leading position as one of the best-selling premium BEV cars. Since this year, the average monthly retail volume has reached 13,000, which is in line with Tesla Model 3. Since October 2024, the average monthly retail volume has reached more than 20,000. The bank gave Xiaomi a "buy" rating with a target price of HK$ 33.3.Xiaomi Auto Elite Driving Activity started. According to Xiaomi News, Xiaomi Auto Elite Driving Activity is now open for registration, and the registration fee is 9999 yuan. Participants will receive a 9999 yuan deposit gift certificate for Xiaomi SU7 Ultra, enjoy a professional track and drift experience, and get a professional certificate after the event.


General Administration of Customs: In the first 11 months, ASEAN was my largest trading partner. In the first 11 months, ASEAN was my largest trading partner. The total trade value between China and ASEAN was 6.29 trillion yuan, up 8.6%, accounting for 15.8% of China's total foreign trade. Among them, the export to ASEAN was 3.74 trillion yuan, up by 12.7%; Imports from ASEAN reached 2.55 trillion yuan, an increase of 3%. The EU is my second largest trading partner, and my total trade with the EU is 5.09 trillion yuan, up by 1.3%, accounting for 12.8%. Among them, exports to the EU reached 3.34 trillion yuan, up by 3.8%; Imports from the EU reached 1.75 trillion yuan, down 3.3%. The United States is my third largest trading partner, and my total trade with the United States is 4.44 trillion yuan, an increase of 4.2%, accounting for 11.2%. Among them, exports to the United States were 3.38 trillion yuan, an increase of 5.1%; Imports from the United States reached 1.06 trillion yuan, an increase of 1.4%.Zelensky said it was "meaningless" to discuss Ukraine's NATO membership with Trump, and Musk responded with an expression. According to "Russia Today" (RT), American entrepreneur elon musk responded with an expression to a post on social media platform X on the 9th that Ukrainian President Zelensky said it was "meaningless" to discuss Ukraine's NATO membership with US President-elect Trump. RT said that the post that triggered Musk's reply wrote, "Zelensky: I will ask Biden (the current president of the United States) to invite me (Ukraine) to join NATO ... It is meaningless to talk to Trump (the president-elect of the United States)." The post was accompanied by a video of Zelensky's remarks. RT mentioned that Musk forwarded this post on social media platform X on the 9th, and responded with an expression of "provoking eyebrows". RT said that this expression represents "doubt, doubt, disapproval, surprise and confusion". Zelensky was quoted as saying that Trump has not yet entered the White House, so what he said now is not enough. (World Wide Web)Huang Wentao, China CITIC Construction Investment Co., Ltd.: Policy strength and tools are expected to achieve new breakthroughs. the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. Huang Wentao, chief economist of CITIC Jiantou, said in the latest interpretation that the meeting first mentioned "strengthening unconventional countercyclical adjustment", and the policy framework is expected to get rid of the mindset and achieve new breakthroughs in strength and tools. Huang Wentao mentioned that the "unconventional" policy will be mainly reflected in the breakthrough of the original conventional policy model, including: First, the breakthrough of monetary policy from "steady" to "moderately loose", and the transformation from the traditional model to the modern central bank system in the transmission system. Second, it is expected that the fiscal deficit constraint of 3% will be greatly exceeded, and the mode of financial development may also be optimized in the past, with more inclination to the residential sector. Third, in stabilizing the capital market, more powerful and effective measures are introduced to prevent excessive market volatility. "The stocks and debts are expected to continue." Huang Wentao pointed out that the unconventional countercyclical adjustment policy not only provides sufficient impetus for the recovery of economic vitality, but also provides strong support for improving expectations and reviving confidence, and provides sufficient source of living water for the capital market. The stock market is expected to continue to strengthen and the risk-free rate of return is expected to continue to decline.

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