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South Korea's chaebol triggered public outrage among investors, and regulators began to show their swords and rectify. For half a century, South Korea's oligarchs have dominated almost every economic field. They are in charge of corporate giants, making waves in political circles, carefully planning mysterious business transactions, and sacrificing the interests of shareholders while making profits for themselves. Regulators and investors began to show their swords. South Korean President Yin Xiyue announced that martial law was hastily lifted, or faced the fate of stepping down. The current political situation may accelerate this counterattack process again.The Taiwan Affairs Office of the State Council introduced the situation of the 2024 Shanghai-Taipei Twin Cities Forum. The Taiwan Affairs Office held a regular press conference. Spokesperson Zhu Fenglian said that it is understood that the 2024 Shanghai-Taipei Urban Forum will be held in Taipei on December 17, and Shanghai will send a delegation to Taiwan to attend the forum. With the theme of "Smart Governance for a Sustainable Future", the forum will promote the interactive exchanges between the two cities in terms of friendly transportation, river governance and humanistic cities. During the forum, the two cities will also sign a memorandum on exchanges and cooperation. We hope the forum will be successful.Wuzhou Spring Festival rose by 6.55% today. Guotai Junan bought 188 million yuan in Shanghai Haiyang West Road, and Wuzhou Spring Festival rose by 6.55% today, with a turnover of 3.902 billion yuan and a turnover rate of 37.90%. After-hours data show that Guotai Junan bought 188 million yuan in Shanghai Haiyang West Road, and the special seat of Shanghai Stock Connect bought 88.9787 million yuan and sold 58.7513 million yuan.

Bank of America: restore coverage to AbbVie, give it a "neutral" rating, and target price is $191.Tianyuan Environmental Protection and Huawei signed a strategic cooperation agreement, and Tianyuan Environmental Protection and Huawei signed a strategic cooperation agreement in Shenzhen. According to the agreement, Tianyuan Environmental Protection and Huawei will adhere to the principle of "complementary advantages, mutual benefit and win-win, long-term cooperation and common development" and explore innovative cooperation paths around intelligent optical storage, low-carbon artificial intelligence intelligent calculation, digital construction and application of comprehensive smart energy. In the development of large-scale photovoltaic and energy storage projects, the two sides will build a national-level "photovoltaic intelligent operation and maintenance" demonstration benchmark and explore a grid-type energy storage application model project. By establishing a long-term and stable all-round cooperative relationship, we will deepen cooperation and exchanges and promote the high-quality development of the industry. (Tianyuan Environmental Protection)UBS: It is estimated that by 2025, the price of Brent crude oil will rise to $80/barrel and WTI crude oil will rise to $75/barrel. Have a constructive view on the prospect of natural gas price in 2025 (the forecast is $3.50/million British heat in June and $3.60/million British heat in September).

Guotai Junan expects Hong Kong stocks to fluctuate upward in an N-shaped pattern next year to explore domestic demand and improve investment opportunities. Chen Ximiao, chief analyst of Guotai Junan's overseas strategy, said that looking forward to 2025, the disturbance factors in the Hong Kong stock market from the external environment will continue, and the pace of interest rate cuts by the Federal Reserve under overseas inflation, policy restrictions in areas such as strong US dollar and tariffs, and game friction among big countries will continue. However, the domestic policy thinking is clear, economic expectations are expected to stabilize under the financial impetus, and the profitability of molecular enterprises will improve, and the industrial chain will be able to cope with it. She said that in 2025, the sensitivity of the Hong Kong stock market to external shocks is expected to decline, and more attention should be paid to returning to its own logic. For the trend of Hong Kong stocks in 2025, it is expected to be dominated by the upward pattern of N-shaped shocks, and there are many opportunities for flexibility during the stage. In 2025, we should still actively look for the structure, and focus on the barbell strategy to shift the weight of the two ends. We need to pay more attention to the configuration rhythm and pay attention to the repair opportunities of some domestic products.The Taiwan Affairs Office of the State Council introduced the annual meeting of the 2024 Cross-Strait Entrepreneur Summit. Zhu Fenglian, a spokesperson for the Taiwan Affairs Office, said that the 2024 Cross-Strait Entrepreneur Summit was successfully held in Xiamen, Fujian from December 9 to 10. More than 700 business people from both sides of the Taiwan Strait attended the annual summit. Focusing on the theme of "Building a new era industrial chain across the Taiwan Strait to promote cross-strait economic integration and development", they conducted in-depth discussions on issues such as promoting cross-strait industrial Internet innovation, building Taiwanese enterprises to land in their first homes, and innovating cross-strait financial service systems. The exchange atmosphere was warm, which fully demonstrated the common aspiration of cross-strait industries to strengthen exchanges and cooperation. (Riyue Tan Tian)Meifeng, Sichuan: The wellhead natural gas trial production and recovery project has entered the trial production stage. meifeng, Sichuan announced that the trial production and recovery project of "Jinshi 103 Well" invested and built by Dongcai Shuangrui has completed the joint commissioning, and the trial production LNG products meet the requirements of national standards and are now entering the trial production stage. The total investment of the project is about 70 million yuan, and the main construction content is a set of wellhead gas trial production recovery device with a daily processing capacity of 200,000 m and supporting utilities and auxiliary facilities.