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Luxshare 500 million yuan set up an automobile technology company. The enterprise search APP shows that Lixun Automobile Technology (Jiangsu) Co., Ltd. was established recently, with the legal representative of Zhang Xueqi and the registered capital of 500 million yuan. Its business scope includes: automobile parts and accessories manufacturing; Research and development of auto parts; Wearable smart device manufacturing; Industrial robot manufacturing and so on. Enterprise equity penetration shows that the company is wholly owned by Luxshare.Citic Lyon: We are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange, but we should pay attention to the fluctuation of H shares of Chinese brokers. Citic Lyon issued a report saying that we are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange (00388.HK), and noted that china galaxy (06881.HK) is highly sensitive to the transaction costs of A-share securities. Citic Lyon expects that the A-share trading volume will remain stable in 2025 with the support of favorable liquidity, ETF growth and structural shift of household balance sheets to financial assets, but the bank reminds investors to pay attention to the recent excessive fluctuation risk of H-share brokers. 

Peking University joined hands with Byte to launch the digitization project of Confucianism and Tibetan Studies. Recently, the launching ceremony of the digitization project of Confucianism and Tibetan Studies in Peking University was held in peking university education foundation, which was jointly organized by the Compilation and Research Center of Confucianism and Tibetan Studies in Peking University, Beijing ByteDance Public Welfare Foundation and peking university education foundation. Beijing ByteDance Public Welfare Foundation donated RMB 25 million to peking university education foundation to support the compilation and research of Confucian Classics in Peking University, and to support the digitization project of Confucian Classics through the intelligent collation platform of "ancient books with knowledge". Subsequent related achievements will also be published in ancient books with knowledge and open to the public. The relevant person in charge of the Compilation and Research Center of Confucianism and Zang in Peking University said that the deep combination of ancient Chinese civilization and cutting-edge artificial intelligence technology is a major feature of the whole Confucianism and Zang project, which will not only greatly promote the compilation and dissemination of Confucianism and Zang, but also enrich and enhance the knowledge reserve and understanding questions and answers of intelligent tools on Confucianism and promote the application of Chinese civilization agents. (The country is a through train)Chongqing State-owned Assets Supervision and Administration Commission: Resolutely lay a solid foundation for comprehensively deepening the reform of state-owned enterprises and accelerate strategic restructuring and professional integration. Chongqing State-owned Assets Supervision and Administration Commission officially announced today that on December 9, Chongqing State-owned Assets Supervision and Administration Commission held a December 2024 economic operation scheduling meeting for municipal key state-owned enterprises. The meeting stressed that it is necessary to resolutely fight a tough battle to comprehensively deepen the reform of state-owned enterprises in light of the landmark achievements of the "five new breakthroughs." It is necessary to promote the reshaping of the main business of the group to achieve a "new breakthrough", focus on the reshaping of the main business of the group, further sort out the business of the sub-enterprises, effectively support the core functions and main business of the group, and enhance the core competitiveness; Promote "new breakthroughs" in stopping losses and controlling losses, further promote structural adjustment, reduce costs and increase efficiency, and revitalize assets, and strive to control the losses of municipal state-owned enterprises at the target ratio by the end of the year; Promote slimming and fitness to achieve a "new breakthrough", accelerate strategic restructuring and professional integration, and accelerate the reduction of the number of legal entities and reduce the management level of enterprises in accordance with the requirements of reduction. It is necessary to focus on the most realistic and urgent problems that restrict high-quality development, and promote state-owned state-owned enterprises to further comprehensively deepen reforms.Water conservancy science and technology work conference held: accelerate the construction of advanced and practical water conservancy science and technology support system, and the Ministry of Water Resources recently held a water conservancy science and technology work conference. Li Guoying, Minister of Water Resources, demanded that the system of water conservancy technical standards should be improved, and the coordination mechanism between water conservancy standard development and scientific and technological innovation should be improved. It is necessary to improve the support system of water conservancy scientific and technological innovation forces, optimize the positioning and layout of various water conservancy scientific and technological innovation forces, and form a joint force of system research and development. It is necessary to improve the transformation system of water conservancy scientific and technological achievements, accelerate the accurate docking and integrated development of innovation chain, industrial chain and application chain, and transform more innovative achievements into new quality productivity. It is necessary to improve the policy guarantee system of water conservancy science and technology innovation, implement new research models such as "revealing the list" and "horse racing system", and accelerate the establishment of an evaluation system and assessment mechanism oriented to innovation ability, quality, effectiveness and contribution.

Prudential is said to be considering selling about 30% of Hanya.Treasury futures rose by 1.40% in the afternoon, with 30-year main contracts rising by 1.40%, 30-year main contracts rising by 1.40%, 10-year main contracts rising by 0.67% and 5-year main contracts rising by 0.43%, all reaching record highs. The 2-year main contract rose by 0.15%.Minister of Trade and Industry of Malaysia: ZTE will invest 45.2 million US dollars to establish two innovation centers in Malaysia. Malaysian Minister of Investment, Trade and Industry Zavrl said that ZTE plans to invest 200 million ringgit (45.2 million US dollars) to establish two innovation centers, and introduce its latest 5G technology to Malaysia through cooperation with local operators. ZTE Malaysia is also building a regional center of excellence to support its global business. Zavrl said that 95% of ZTE's 5G equipment uses Malaysian chips.