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Xie Feng, Ambassador of China to the United States: It is unwise to underestimate China, and it is not true to criticize China, and it will not succeed to contain China. According to the official of the Chinese Embassy in the United States, on December 11, 2024, u.s.-china business council held the 2024 annual celebration dinner in Washington. In his speech, Xie Feng said that China's economic operation is generally stable, progressing steadily, and it is confident to stabilize the market and prevent risks, with high-quality development and vitality, and there is potential for sustained recovery. In the first three quarters of this year, China's GDP increased by 4.8% year-on-year, which not only ranked among the major economies in terms of growth rate, but also increased the "gold content", "new content" and "green content" of economic development, ranking 11th in the global innovation index. As the package of incremental policies continued to show remarkable results, the growth rate of consumption, investment and export in October picked up, the real estate transaction volume rose one after another, the manufacturing purchasing managers' index returned to the boom zone, and the turnover of tens of thousands of brands in the "double 11" shopping festival doubled. Xie Feng emphasized that China's economy has always been growing under the challenges of wind and rain, and it is confident to achieve its economic growth target this year. Next year, it will implement more active macro policies to prevent and resolve risks in key areas and external shocks, and it will remain the biggest engine of world economic growth in the future. The sea can't be stirred, and it always rushes. It is unwise to underestimate China, it is not true to criticize China, and it is even more impossible to contain China.A number of data show that: the distribution of rights and interests of public offerings, near the end of the year, Public Offering of Fund is increasing the distribution of rights and interests. The data shows that the new funds established in the past three months (from September 12 to December 12) have raised a total of 289.803 billion yuan, and the stock funds have raised more than half. Among the above-mentioned sub-IPO funds, 145 funds have earned more than 1% since their establishment, accounting for more than half, and most of them are opening positions quickly. As of December 11th, the revenue of 27 products exceeded 5% (the different shares were calculated separately), and the revenue of the best-performing products reached 51%. More new funds are "queuing for admission". According to the data, before the end of the year, more than 20 funds will be launched for sale, and 80% of them are equity funds. Huaxia, Fuguo, Boss and Jing Shun Great Wall all have products waiting to be issued. At the same time, the fund's self-purchase efforts have been increasing. As of December 12, this year, the net subscription amount of equity funds purchased by fund companies has reached 2.894 billion yuan, an increase of 28% over last year. (SSE)Morgan Stanley downgraded Hysan Industrial to a low rating with a target price of HK$ 13.

Economic Daily: Strengthening unconventional countercyclical adjustment, the article said, "Experts believe that unconventional countercyclical adjustment pays attention to forward-looking and is ahead of expectations, which is conducive to stabilizing expectations and stabilizing total demand, thus consolidating the foundation for economic recovery. Unconventional countercyclical adjustment, fiscal policy will further exert its strength, which may be reflected in: actively using the deficit space that can be improved, increasing the scale of special bonds, and continuing to issue ultra-long-term special government bonds. On the one hand, the scale may exceed expectations, on the other hand, the pace will be faster, and the economy will be stabilized and rebounded. The formulation of monetary policy is changed from "steady" to "moderately loose", which is intended to convey a positive and promising policy tendency more clearly and better stabilize the expectations of business entities.Broadcom: Our company and Apple are in a commitment of cooperation for several years.Xie Feng, Ambassador of China to the United States: It is unwise to underestimate China, and it is not true to criticize China, and it will not succeed to contain China. According to the official of the Chinese Embassy in the United States, on December 11, 2024, u.s.-china business council held the 2024 annual celebration dinner in Washington. In his speech, Xie Feng said that China's economic operation is generally stable, progressing steadily, and it is confident to stabilize the market and prevent risks, with high-quality development and vitality, and there is potential for sustained recovery. In the first three quarters of this year, China's GDP increased by 4.8% year-on-year, which not only ranked among the major economies in terms of growth rate, but also increased the "gold content", "new content" and "green content" of economic development, ranking 11th in the global innovation index. As the package of incremental policies continued to show remarkable results, the growth rate of consumption, investment and export in October picked up, the real estate transaction volume rose one after another, the manufacturing purchasing managers' index returned to the boom zone, and the turnover of tens of thousands of brands in the "double 11" shopping festival doubled. Xie Feng emphasized that China's economy has always been growing under the challenges of wind and rain, and it is confident to achieve its economic growth target this year. Next year, it will implement more active macro policies to prevent and resolve risks in key areas and external shocks, and it will remain the biggest engine of world economic growth in the future. The sea can't be stirred, and it always rushes. It is unwise to underestimate China, it is not true to criticize China, and it is even more impossible to contain China.

The first fiscal quarter EPS of the market opener/Costco was $4.04, and analysts expected $3.81.The balance of A-share financing reached a new high of more than 9 years. According to Wind data, as of December 11th, the balance of A-share market financing reached 1,875.85 billion yuan, a new high of more than 9 years. In the first three trading days of this week, the financing balance "increased three times in a row", with a cumulative increase of 22.579 billion yuan. Analysts believe that short-term ample liquidity and optimistic policy expectations are still the main support of the market. In the medium and long term, the A-share market is expected to continue to fluctuate upward under the dual promotion of policy expectations and economic trends. (china securities journal)Turkish Presidential Palace: Erdogan told US Secretary of State Blinken that Turkey will take preventive measures against terrorist organizations including the People's Protection Force (YPG) and the Islamic State in Syria.