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The commander of the intelligence command of the South Korean Ministry of Defense was suspended. On December 10, local time, the South Korean Ministry of National Defense announced that it would take suspension measures against Wen Xianghu, commander of the intelligence command of the Ministry of National Defense. (CCTV News)The initial strength of inter-bank spot bonds was obvious. The yield of active bonds of 7-year and 10-year treasury bonds dropped by 3.5bp. The yield of active bonds of 7-year and 10-year treasury bonds fell by 3.5bp, the yield of 7-year "24 interest-bearing treasury bonds 18" reported 1.725%, and the yield of 10-year "24 interest-bearing treasury bonds 11" hit 1.87%, all hitting record lows. The yield of 30-year "24 Special Treasury Bond 06" dropped by 3.1bp to 2.079%, the lowest since the end of February 2005.President united steelworkers union: The acquisition of Nippon Steel in Japan may mean the long-term decline of American steel companies. The head of the largest trade union in North America said that there is no guarantee from Nippon Steel to ensure that American steel companies will not decline after the acquisition. A few days ago, Nippon Steel of Japan proposed a $15 billion acquisition of American steel companies, which was opposed by Biden and Trump. The acquisition will be subject to the national security review of the Committee on Foreign Investment (CFIUS) later this month. United steelworkers union Chairman David McCall was interviewed on Monday. On that day, Nippon Steel announced the details of various commitments it had made to gain union support, including job security and investment in facilities. Mccall said that one of his biggest concerns is that Nippon Steel may export steel products to the United States through its international steel mills, which he feared would weaken the position of American steel companies. Mccall said: "When we discuss with Nippon Steel, nothing can guarantee that their commitment is feasible in the long run." Nippon Steel previously denied that it would import steel from its international steel mills after reaching an agreement, and repeatedly said that its goal is to become a "member" of the United States, and the American market is crucial to its future growth.

President united steelworkers union: The acquisition of Nippon Steel in Japan may mean the long-term decline of American steel companies. The head of the largest trade union in North America said that there is no guarantee from Nippon Steel to ensure that American steel companies will not decline after the acquisition. A few days ago, Nippon Steel of Japan proposed a $15 billion acquisition of American steel companies, which was opposed by Biden and Trump. The acquisition will be subject to the national security review of the Committee on Foreign Investment (CFIUS) later this month. United steelworkers union Chairman David McCall was interviewed on Monday. On that day, Nippon Steel announced the details of various commitments it had made to gain union support, including job security and investment in facilities. Mccall said that one of his biggest concerns is that Nippon Steel may export steel products to the United States through its international steel mills, which he feared would weaken the position of American steel companies. Mccall said: "When we discuss with Nippon Steel, nothing can guarantee that their commitment is feasible in the long run." Nippon Steel previously denied that it would import steel from its international steel mills after reaching an agreement, and repeatedly said that its goal is to become a "member" of the United States, and the American market is crucial to its future growth.China's key mineral control is "stricter than expected". Regarding China's announcement last week to strengthen export control to the United States, The New York Times commented in a report on December 9 that it is "stricter than expected". The report claims that the most worrying thing is the extensive ban on transshipment. This clause extends export control to companies inside and outside China, and prohibits these companies from buying minerals in China and reselling them to American companies. The Center for Strategic and International Studies (CSIS), an American think tank, points out that the new export control measures include several firsts-the first time that it explicitly targets the United States rather than other countries, and the first time that it directly responds to the restrictions imposed by the United States on its access to advanced technology. (Observer Network)The first batch of SSE 180ETFs have been issued. After the SSE 180 index has been upgraded, the first batch of SSE 180ETFs-Yifangda SSE 180 ETF and Xingye SSE 180 ETF are being issued this week, and six SSE 180 ETFs under Penghua, Nanfang, Huatai Bairui, Tianhong, Ping An and Yin Hua will be issued one after another from next week. Shanghai Stock Exchange 180 Index is one of the important benchmark indexes in China's capital market and Shanghai Stock Exchange index system. It consists of 180 securities with large scale and good liquidity in Shanghai Stock Exchange. It is positioned to reflect the overall performance of securities of core listed companies in Shanghai Stock Exchange, covering 60% of the market value, 7% of dividends and 80% of profits of listed companies in Shanghai Stock Exchange. A few days ago, the Shanghai Stock Exchange and the China Securities Index Company announced the revision of the Shanghai Stock Exchange 180 Index compilation plan, which will be officially implemented on December 16th. After this optimization, its industry distribution is basically the same as that of Shanghai stock market as a whole, and it is the most representative broad-based component index in Shanghai market. With the optimization of the index scheme, the product is expanding. Market participants pointed out that among many A-share core broad-base indexes, the SSE 180 Index is the broad-base index with the best comprehensive properties in the A-share market, considering the representativeness, stability, profitability, investment and scientific and technological properties of the index. (The Paper)

New quality productivity is still the core of policy orientation! Kechuang 100TF (588190) closed up 1.71%. On December 10th, Kechuang 100TF (588190) closed up 1.71%, with a turnover of 667 million yuan. The constituent stocks rose strongly, with Guo Dun Quantum up 6.19%, Siwei up 4.18%, and Hengxuan Technology, Ruichuang Micro-nano and Alice followed suit. Huajin Securities said that developing new quality productivity is still the main policy orientation. The meeting clearly put forward that "scientific and technological innovation should lead the development of new quality productivity", showing that the emerging industries related to the eight new quality productivity are still the main direction of the policy. From a short-term perspective, positive policies are expected to drive A-shares to start the New Year's market. First, from the molecular perspective, the meeting may raise the market's expectation of economic recovery: the meeting can expect to adjust fiscal and monetary easing next year and further economic recovery. In terms of liquidity, further easing of monetary policy is expected to rise.Swiss Re: It is estimated that the global real GDP growth rate will reach 2.7% in 2026. Swiss Re released the latest sigma report, and the world economy is expected to maintain steady growth in the next two years, but the downside risks will rise. It is estimated that the global real GDP growth rate will reach 2.8% and 2.7% in 2025 and 2026, which is basically the same as that in 2024.Ruiang Gene: The actual controllers Xiong Hui and Xiong Jun were arrested. Ruiang Gene announced that the actual controller, chairman and general manager Xiong Hui and actual controller, director and deputy general manager Xiong Jun of the company have been arrested for alleged fraud, and related matters need further investigation. Mr. Xiong Jun, Mr. He Junyan and Mr. Xue Yuwei submitted written resignation reports for personal reasons, and will take other positions in the company after resigning. At present, the company has targeted related matters.