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Fosun's tourism culture premium is about 95%. Privatization resumed on December 11, and Fosun's tourism culture (01992) was announced. The company's shares resumed trading at 9: 00 am on December 11, 2024.Shanghai's state-owned assets reform concept stocks rose to the daily limit, and Shanghai Material Trade, First Medicine, Shibei High-tech, Kaikai Industry and Shanghai 900 set an international daily limit.The President of Argentina announced that a package of financial, political and security reforms will be carried out next year. On December 10, local time, Argentine President Millai said in a televised speech on the first anniversary of his administration that a package of financial, political and security reforms will be carried out in 2025. Millay also announced that the national tax revenue will be reduced by 90%. (CCTV News)

The weighted share price index of Taiwan Stock Exchange fell 1% to 22,893.62 points.Del Co., Ltd.: The solid-state battery trial production line that the company is preparing is used for sample trial production. Del Co., Ltd. said on the interactive platform that the trial production line that the company is preparing is used for sample trial production, and the application scenarios of solid-state battery products in the future are very wide, including power batteries, consumption, energy storage and many other fields.VESYNC suspended trading in Hong Kong.

Zhongying Electronics: A small number of products have been used for service robots, but not for humanoid robots. Zhongying Electronics (300327) replied to investors' questions on the interactive platform on December 11th, saying that a small number of products have been used for service robots, but not for humanoid robots. The company has been paying attention to the application and technical development of robot motor control MCU and its lithium battery management chip, and evaluating the R&D investment.Biden's last speech on the economy warned Trump that "trickle-down economics" was making a comeback. US President Biden publicized his economic achievements in a speech at the Brookings Institution in Washington on Tuesday, and warned Trump to repeat the Republican "trickle-down economics" during his second term. This may be his last speech on the economy during his tenure. Biden said in his speech that he promoted investment in infrastructure, manufacturing and neglected communities, avoided a bigger economic crisis and laid the foundation for sustained economic growth. "The new government will take over a fairly strong economy, and most economists agree with this view," Biden said. "I deeply hope that the new government can maintain and carry forward such progress. Biden proudly said that after decades of trickle-down economics, which gave priority to the wealthy Americans, his government adopted a new approach. At present, the economy is growing from the inside out and from the bottom up, benefiting the middle class. He admitted that American workers still suffer from inflation and high housing prices. Biden stressed that during his tenure, he created 16 million jobs, the highest in a single presidency, the lowest average unemployment rate in all previous governments in the past 50 years, and the smallest racial gap between the rich and the poor in the past 20 years. Biden warned Trump to provide more tax cuts for the rich and enterprises during his second term, and said that Trump's commitment to impose tariffs on overseas goods may make a "big mistake". He also said that he thought Trump would be in trouble if he stopped the investments he made during his administration, because these investments benefited many Republican and Democratic-led states.CITIC Securities: As the Spring Festival approaches, consumption is expected to usher in a new round of rebound and repair. CITIC Securities Research Report said that the Politburo meeting held on December 9, 2024 once again made it clear that expanding domestic demand is the key policy direction for the coming year, "expanding domestic demand in all directions" and "vigorously boosting consumption", expressing positive and igniting market expectations. After experiencing a rapid rebound in September, the consumer sector generally pulled back in October-November because the short-term consumption data has not yet reflected the effectiveness of the policy and the policy strength in the coming year is unclear. We believe that as the Spring Festival approaches, the top-down emphasis on domestic demand and policy expectations are heating up, and consumption is expected to usher in a new round of rebound and repair. On the policy side, in addition to the "trade-in policy", we believe that there is still a package of consumption promotion toolboxes available, such as subsidies for first-time car buyers, maternity subsidies, and the issuance of state-subsidized catering and tourism coupons. We suggest that the consumption allocation should be progressive from both offensive and defensive to flexible varieties, with both offensive and defensive features: consumer Internet, dairy products with low valuation and high return, mass catering, etc., and flexibility: catering supply chain, alcohol, human resources services, hotels, etc., with obvious pro-cyclical characteristics, considering the consumption allocation demand driven by expectations first.