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Lee Ka Chiu John: Hong Kong is committed to becoming a leading global risk management center. In a speech at the Asia Insurance Forum 2024 held in Hong Kong on the 10th, Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) said that Hong Kong is committed to becoming a leading global risk management center. Lee Ka Chiu John said that as one of the three largest financial centers in the world, Hong Kong has about 160 authorized insurance companies, including six of the top ten insurance companies in the world. At present, Hong Kong has issued five catastrophe bonds, raising more than 700 million US dollars to resist typhoons, earthquakes and other natural disasters and provide risk mitigation measures for the global joint response to climate change. He stressed that as the region with the highest concentration of insurance companies and the highest insurance density in Asia, Hong Kong is committed to becoming a leading global risk management center. The SAR Government will continue to invite mainland and overseas enterprises in China to set up exclusive self-insurance companies in Hong Kong.Social e-commerce has risen in the United States, and TikTok Black Five has snapped up hundreds of millions of dollars. The sales of social e-commerce in the United States have seen strong growth in this shopping season. With the influx of American consumers into the social e-commerce platform represented by TikTok, the market predicts that the number of American social e-commerce buyers will exceed 100 million this year and bring in more than 70 billion US dollars in sales. Emarketer, a research institute, recently estimated that the sales of social e-commerce in the United States will increase by 26% to 71.6 billion dollars in 2024. According to the company, most social e-commerce sales come from low-priced goods, and emerging platforms such as TikTok have become the main force. Since TikTok Shop was launched in the United States last September, it has become the biggest contributor to the sales growth of social e-commerce. According to the data released by TikTok, on the day of this year's "Black Friday" shopping festival, the single-day sales of TikTok stores exceeded 100 million US dollars, three times that of the same period last year. According to the company, the number of shoppers attracted by TikTok stores during Black Friday and Cyber Monday increased by 165% year-on-year. (CBN)FTSE China A50 index futures fell, after rising more than 0.7%.

Market News: The Syrian opposition ordered the fighters to withdraw from the city and deployed their own police forces.The main contract of Shanghai and Shenzhen 300 stock index futures (IF) rose 4.00% in the day, and now it is reported at 4,120.6 points. The main contract of Shanghai 50 stock index futures (IH) hit 2700 points, rising 4.39% in the day. The main contract of CSI 1000 stock index futures (IM) exceeded 6500 points, rising by 4.18% in the day. The main contract of CSI 500 stock index futures (IC) rose 4.00% in the day, and now it is reported at 6165.0 points.Embassy of the China in the Philippines: Remind citizens in China to take precautions against volcanoes and disasters. On December 9, 2024, the Canlaon volcano in Negro Island of the Philippines exploded, and the local government has ordered the evacuation of nearby residents. The relevant departments have raised the volcano warning from level 2 to level 3. The islands in the central Philippines are located in areas with active geological tectonic activities and frequent disasters. China citizens are requested to take precautions against all kinds of natural disasters, understand and master the common sense of safety and self-help. In case of sudden disasters, they should keep calm, keep communication open, make good preparations for storing necessary supplies such as food, water and first aid kits, pay close attention to the early warning information issued by relevant departments in the Philippines, improve safety awareness and avoid going to dangerous areas near Mount Kalaweng.

Shengli Precision: The composite current collector project is still in the stage of R&D, trial production and sample delivery. The project is progressing in an orderly manner. Shengli Precision announced the abnormal fluctuation of stock trading. At present, the company's production and operation are normal. The company's main business is consumer electronics and auto parts business, providing products such as precision structural parts and modules for customers in 3C consumer electronics industry, as well as on-board central control panels and on-board structural parts for new energy vehicle enterprises and traditional vehicle enterprises. In addition, the company's composite current collector project is still in the stage of research and development, trial production and sample delivery, and the project is progressing in an orderly manner.Shen Wanhongyuan: date of record will distribute 0.17 yuan for every 10 shares in the interim profit distribution, and Shen Wanhongyuan announced on December 10 that the company intends to distribute a cash dividend of 0.17 yuan (including tax) for every 10 shares registered in date of record in the interim profit distribution. Date of record is December 17th, and the ex-dividend date is December 18th.In November, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month. On December 10th, according to china automobile dealers association, in November 2024, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month and 8.12% from the same period last year, with a transaction amount of 114.167 billion yuan. From January to November, 2024, the cumulative transaction volume of used cars was 17,713,900, up 5.74% year-on-year, up 961,600 compared with the same period, and the cumulative transaction amount was 1,165.243 billion yuan.