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South Korean police: A compulsory investigation of Yin Xiyue is being considered. The South Korean police said on the 13th that they are discussing a compulsory investigation of President Yin Xiyue and considering a seizure and search of his communication records and presidential residence. The special investigation team of the National Investigation Headquarters under the South Korean Police Agency held a press conference on the same day, saying that the plan to detain and search the presidential residence in Hannandong, Longshan District, Seoul is in the "discussion stage". The police are considering seizing and searching Yin Xiyue's communication records. (Xinhua News Agency)The Hang Seng Index fell by 1.6%; Led by industrial and commercial stocks, the Hang Seng Index fell 1.6% to 20,072.69 in Hong Kong. In midday trading, industrial and commercial stocks led the market down, and all kinds of stocks fell; Of the 83 stocks, 75 fell and 7 rose. Meituan dragged down the index the most, falling by 2.8%. Budweiser Asia Pacific suffered the biggest decline, down 6.1%.IDC: The recovery of China's financial cloud market in the first half of 2024 was less than expected. According to the latest report "Tracking China's financial cloud market in the first half of 2024" released by IDC, the scale of China's financial cloud market in the first half of 2024 reached US$ 4.40 billion, up 7.3% year-on-year, and it was RMB 31.67 billion, up 11.5% year-on-year, achieving double-digit growth, but the growth rate was high. In the financial cloud sub-market, the cloud infrastructure market has picked up from the previous month, but the situation of financial institutions reducing costs and increasing efficiency has continued, and the overall development speed of the cloud solution market has further slowed down. From the overall situation of the financial cloud market in 2024, the financial cloud market in China is in a period of adjustment, and the development trend of each sub-market continues to differentiate.

The 2024 Liaoning International Ice and Snow Economic Cooperation Promotion Conference was held. On December 12th, the 2024 Liaoning International Ice and Snow Economic Cooperation Promotion Conference was held in Shenyang. More than 150 government and enterprise guests from more than 20 countries including South Korea, Germany and France and Hong Kong and Macao attended the conference, and conducted in-depth exchanges on topics such as ice and snow tourism, ice and snow sports and ice and snow equipment manufacturing. This promotion meeting is an important sub-activity of "Liaoning International Ice and Snow Economic Cooperation and Negotiation Activities". It is understood that the "Liaoning International Ice and Snow Economic Cooperation Negotiation Activity" will last for three days, during which activities such as Liaoning Ice and Snow Economic Theme Exhibition, Liaoning-Europe and America Ice and Snow Economic Cooperation Exchange Conference and Liaoning Ice and Snow Economic Industry Tour will be held, aiming at deepening the exchanges and cooperation between Liaoning Province and the world in the field of ice and snow economy, jointly exploring new opportunities for the development of global ice and snow industry and building a brand of winter economic and trade cooperation in Liaoning Province. (Liaoning Daily)Wang Tao of UBS: It is estimated that deficit ratio will approach 4% of its financial resources or increase its investment in social security medical care next year. Wang Tao, head of Asian economic research and chief China economist of UBS, said that China's fiscal deficit ratio is expected to approach 4% next year, and the scale of ultra-long-term special government bonds excluding capital injection into state-owned banks may be 2 trillion yuan, and the amount of new local government special bonds may be 4.5 trillion to 5 trillion yuan. In fact, the fiscal expansion next year is relatively mild compared with the fiscal stimulus in 2008-2009. Wang Tao believes that next year, the government will increase investment in social security and medical care, and establish a more perfect social security system while boosting residents' confidence in the short term.Sora concept stocks strengthened, Huace Film and Television rose by more than 10%, Sora concept stocks strengthened, Huace Film and Television rose by more than 10%, Fengyuzhu and Tianyu Entertainment both went up, and Borui Communication, Jincai Internet, Yuanlongyatu and Huayang Lianzhong followed suit.

Japan's final industrial output value in October increased by 2.8% month-on-month and 1.4% year-on-year.New Beiyang (Thailand) Company opened. According to the news of New Beiyang, on December 12th, the launching ceremony of New Beiyang (Thailand) Company was held in chonburi province, Thailand. This was the first factory established by New Beiyang overseas, which marked another major breakthrough in the company's internationalization strategy and laid a solid foundation for the company's future internationalization development. The park leased by New Beiyang (Thailand) Company covers an area of more than 5,500 square meters in the first phase. At present, the special printing and scanning product line built in the factory has been successfully put into production and is ready to start mass delivery. In the future, the company will continue to expand the production and delivery of some smart equipment products in Thai factories.In the first 11 months of this year, Guangdong's import and export increased by 10% year-on-year. According to statistics from Guangdong Branch of the General Administration of Customs, in the first 11 months of this year, Guangdong's foreign trade import and export reached 8.27 trillion yuan, up by 10% year-on-year, faster than the national growth rate by 5.1 percentage points, accounting for 20.8% of the national total import and export value. Among them, exports were 5.37 trillion yuan, an increase of 8.7%; Imports reached 2.9 trillion yuan, up by 12.6%.