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Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong. According to the news of the China Council for the Promotion of International Trade, from December 8 to 10, Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong, attended the joint meeting of the Mainland-Hong Kong Chamber of Commerce in 2024 and delivered a speech at the symposium of foreign business associations and foreign-funded enterprises in Hong Kong, and prepared to hold the second Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference. During his visit, Ren Hongbin met with Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region, and Qi Bin, Deputy Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region. He had extensive exchanges with Lin Jianyue, Chairman of the Hong Kong Trade Development Council, and people from the Hong Kong business community. He had an in-depth exchange of views on deepening economic and trade cooperation between the Mainland and Hong Kong. He went to Jardine Matheson Group, HSBC Group, Swire Group and Cathay Group for investigation, and listened to work reports at the Hong Kong Representative Office of the China Council for the Promotion of International Trade and China Patent Agency (Hong Kong) Co., Ltd.Jiejie Microelectronics: The shareholding ratio of the controlling shareholder is passively diluted to 34.66%.Institution: The European Central Bank is expected to hint that interest rates will be further lowered after this week. Pioneer analyst Shaan Raithatha said in a report that the European Central Bank is expected to cut the deposit interest rate by 25 basis points to 3% this week, and hinted at further interest rate cuts at the meeting on Thursday. The senior economist said that this should reflect the softening growth prospects and the increasing possibility that inflation will weaken more than expected. He said that the ECB can choose not to mention the statement that "as long as it is necessary, the policy will be limited enough". Vanguard continues to predict that the European Central Bank will accelerate the pace of interest rate cuts in early 2025 and reduce the deposit interest rate to 1.75% by mid-2025, slightly lower than the neutral level.

Qian Jianzhong, former Party Secretary and President of Bank of China Ningbo Branch, was investigated. According to the news from the Discipline Inspection and Supervision Team of the State Supervision Commission of the Central Commission for Discipline Inspection in China and the Supervision Commission of Zhejiang Provincial Commission for Discipline Inspection, Qian Jianzhong, former Party Secretary and President of Bank of China Ningbo Branch, was suspected of serious violation of discipline and law, and is currently under disciplinary review by the Discipline Inspection and Supervision Team of the State Supervision Commission of the Central Commission for Discipline Inspection in China and supervision and investigation by the Supervision Commission of Wenzhou City, Zhejiang Province. (CCTV News)Macau International Airport Hengqin Pre-cargo Terminal Project strives to start construction in the first quarter of next year. On December 9, the landing ceremony of Macau International Airport Hengqin Pre-cargo Terminal Project was held in Hengqin Guangdong-Macao Deep Cooperation Zone. The total investment of the project is about 700 million yuan, and the construction will be started in the first quarter of next year. This project creatively puts the functions of security inspection, board-breaking and cargo distribution of Macau International Airport in the cooperation zone, forming a seamless connection between Macau International Airport and Hengqin Cargo Terminal, realizing the rapid interconnection of import and export goods between Guangdong and Macao, building a modern aviation logistics service system of "hub+channel+network", further strengthening the air logistics channel of economic and trade cooperation between China and Portuguese-speaking countries, and creating a new mode of coordinated operation of logistics between and Macao. (released by Zhuhai)Xu Ji Electric: It is estimated that China Southern Power Grid will win the bid of 468 million yuan. Xu Ji Electric announced that the company is expected to win the bid for the special bidding project of DC main equipment of Guangdong 220 kV Tianhe Tangxia Flexible Straight Back-to-Back Project of China Southern Power Grid, with the amount of about 468 million yuan. This project mainly embeds flexible DC in urban power supply area to realize flexible interconnection technology and improve the flexibility and security of urban power grid. After winning the bid and signing the contract, the performance of the contract will have a positive impact on the future operation of the company but will not affect the independence of the company's business. The flexible DC converter valve products developed by the company based on 6.5kV IGCT devices will be applied in this project, which is the first engineering application in the field of high voltage DC. At present, the project is still in the publicity stage of the winning candidate, and the company has not received the notice of winning the bid.

In order to step up military operations against Syria and expand its long-term strategic advantage, Prime Minister Benjamin Netanyahu said in a speech on the 8th that the drastic changes in the situation in Syria have brought so-called new opportunities and challenges to Israel. The so-called opportunity, according to the analysis of Israeli and Arab media, Israel is taking this opportunity to strengthen and expand its occupation and control of the temporary border areas between the two countries, even on the Syrian side, so as to gain greater strategic advantages over Syria and neighboring countries in the long run. Secondly, Israel can further attack the military targets in Syria and weaken the overall military strength of Syria. Thirdly, Israel believes that the drastic changes in the Syrian situation have objectively blocked Iran's way of providing assistance to Hezbollah, seriously weakened Iran's influence in the region, and helped it to further exert pressure on Hezbollah and Hamas armed forces in Gaza.Return to the original intention of "making money for customers"! Cheng Fei, vice president of Guosen Securities, recently made a speech. Recently, the "2024 China Financial Institutions Annual Summit and 2024 China Securities Industry Asset Management Summit Forum" hosted by Securities Times was held in Shenzhen. Cheng Fei, vice president of Guosen Securities and chairman of Guosen Asset Management, delivered a speech at the forum with the theme of "Sticking to the initial heart, winning the favor-colluding with the trend and future of brokerage asset management". Cheng Fei believes that overseas mature asset management institutions are blooming, and domestic asset management institutions are not the only way to go in the future. China's asset management market is large enough, and I believe that all kinds of asset management institutions can stand out as long as they walk out of their own characteristic routes. He said that the asset management of securities firms should return to their original intentions, take "absolute income" as the goal, and return their development ideas to "making money for customers". Applying for a Public Offering of Fund license is not the only antidote. Chengfei hopes that in the future, the peers can abandon the ineffective scale comparison and jointly promote the ecological and healthy development of the brokerage asset management industry with more refined customer service. (Securities Society)Porsche: Dynamically adjust the dealer network scale to 100 in 2026. According to the news, Porsche plans to adjust the dealer network, phase out and optimize the network in the next two years, and it is expected to retain about 100 dealers by the end of 2026. On December 10th, Porsche China responded to the reporter that Porsche has been continuously evaluating the dealer network layout. (Shell Finance)