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The turnover of Shanghai, Shenzhen and Beijing exceeded 1.5 trillion yuan, a decrease of 412.6 billion yuan from the previous day. Up to now, the turnover of Shanghai, Shenzhen and Beijing exceeded 1.5 trillion yuan, a decrease of 412.6 billion yuan from the previous day. Among them, the turnover of Shanghai Stock Exchange was 579.2 billion yuan, that of Shenzhen Stock Exchange was 903.5 billion yuan, and that of Beizheng 50 was 18 billion yuan.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.Airbnb announced the top ten outbound destinations for China users during the Spring Festival holiday. According to Airbnb's data from China, compared with the year-end holidays such as New Year's Day, the search enthusiasm of China users for outbound travel during the Spring Festival holiday has nearly tripled. The top ten outbound destinations are Japan, Thailand, New Zealand, Norway, Australia, South Korea, Malaysia, the United States, Italy and Indonesia, and Asia-Pacific destinations account for seven seats.

Hainan Free Trade Zone concept changed partially. Hainan Ruize and Hainan Development both had daily limit, Hainan Ruize and Hainan Development both had daily limit, and Lishang Guochao, Hainan Haiyao, Hainan Expressway and Huawen Group followed suit.South Korea's Minister of Planning and Finance, Choe Sang-mu, told Congress that the downside risks facing the economy are increasing.The Central Finger Research Institute: In November, the price of second-hand houses in Beijing narrowed by 0.17 percentage points from the previous month. On December 11th, the Central Finger Research Institute released a map of the price of second-hand houses in the top ten cities in November 2024, showing that in November 2024, 18,763 sets of second-hand houses were sold in Beijing, up 8% from the previous month and 49.6% from the same period last year. The cumulative turnover from January to November increased by 8.2% compared with the same period last year. In terms of price, in November, the price of second-hand housing in Beijing fell by 0.12% month-on-month, narrowing by 0.17 percentage points from the previous month.

Scott Richardson, Chief Operating Officer of Celanese, will be promoted to CEO. Celanese, a chemical company, announced on December 10th local time that Scott Richardson, the current Chief Operating Officer of Celanese, has been appointed as CEO since January 1st, 2025, and will join the board of directors of the company. Richardson will succeed Lori Ryerkerk, who will resign as president, CEO and Celanese director at the end of the year. Edward Galante has been elected as an independent director of Celanese since 2013, and he will be the chairman of Celanese board, which will take effect after Ryerkerk leaves office.The 2024 National Conference on Cultural and Tourism Project Construction was held. On December 10th, the 2024 National Conference on Cultural and Tourism Project Construction was held in Hefei, Anhui Province. The meeting demanded that we should accurately grasp the situation and opportunities faced by the construction of cultural and tourism projects, deepen the concept of integration, strengthen financial support, pay attention to scientific and technological empowerment, strengthen the guarantee of factors, strengthen the bottom line thinking, continue to promote the high-quality construction of cultural and tourism projects and the high-quality development of industries, and help to cultivate cultural tourism into a pillar industry. During the meeting, large-scale equipment renewal and consumer goods trade-in projects in the fields of culture and tourism were held, and representatives of relevant parties carried out policy propaganda and supply-demand docking exchanges around the "two new" work.The concept of copper cable high-speed connection fluctuated higher, Woer nuclear materials hit the daily limit, Zhaolong interconnection rose by more than 10%, and Shenyu, Quéven Science and Technology, Derun Electronics and Huafeng Technology followed suit.