Australia's S&P/ASX 200 index closed down 0.5% to 8,353.60 points.Morgan Asset Management: Trump's economic policy is generally beneficial to the US economy to maintain the "overweight" rating on US stocks and credit. Sheng Nan, global multi-asset strategist of Morgan Asset Management, said that it is expected that the economic policy of US President-elect Trump will be generally beneficial to the local economy, but the implementation order of specific policies will also determine the growth trajectory in the next two years. Sheng Nan mentioned that Trump pays more attention to deregulation and measures to boost finance by extending tax cuts, which will improve business confidence, open capital markets and accelerate growth and return on assets. However, if the focus is on immigration and tariff policies, the interruption of labor supply or trade may have negative consequences, inhibit economic growth and lead to asset market fluctuations. Sheng Nan believes that despite the above uncertainties, the US economy is expected to grow strongly next year, and the local GDP will not slow down to 2% until the fourth quarter of next year, so he maintains the "overweight" rating on US stocks and credit.The 2024 National Conference on Cultural and Tourism Project Construction was held. On December 10th, the 2024 National Conference on Cultural and Tourism Project Construction was held in Hefei, Anhui Province. The meeting demanded that we should accurately grasp the situation and opportunities faced by the construction of cultural and tourism projects, deepen the concept of integration, strengthen financial support, pay attention to scientific and technological empowerment, strengthen the guarantee of factors, strengthen the bottom line thinking, continue to promote the high-quality construction of cultural and tourism projects and the high-quality development of industries, and help to cultivate cultural tourism into a pillar industry. During the meeting, large-scale equipment renewal and consumer goods trade-in projects in the fields of culture and tourism were held, and representatives of relevant parties carried out policy propaganda and supply-demand docking exchanges around the "two new" work.
The Central Finger Research Institute: In November, the price of second-hand houses in Beijing narrowed by 0.17 percentage points from the previous month. On December 11th, the Central Finger Research Institute released a map of the price of second-hand houses in the top ten cities in November 2024, showing that in November 2024, 18,763 sets of second-hand houses were sold in Beijing, up 8% from the previous month and 49.6% from the same period last year. The cumulative turnover from January to November increased by 8.2% compared with the same period last year. In terms of price, in November, the price of second-hand housing in Beijing fell by 0.12% month-on-month, narrowing by 0.17 percentage points from the previous month.The first anniversary of the opening of "Yangtze River Train": 1,834 trains were opened, with 2.44 million tons of cargo transported. At 11: 00 am on December 11th, the 1799th and 1800th "Yangtze River Train" in 2024 respectively departed from Xianglushan Station in Wuhan and Chengxiang Station in Qingbaijiang, Chengdu, completing the annual opening task 20 days ahead of schedule. Up to now, the "Yangtze River Train" has operated 1834 trains and transported 2.44 million tons of goods. (Red Star News)Alibaba Cloud will build new data centers in five overseas countries. On December 11th, Yuan Qian, president of Alibaba Cloud Intelligent International, revealed that in the next three years, Alibaba Cloud will invest in new data centers in five countries around the world, which are located in South Korea, Malaysia, the Philippines, Thailand and Mexico, and will further increase localized services and ecosystem construction. At present, Alibaba Cloud operates 85 available zones in 28 regions around the world, covering Chinese mainland, Hongkong, Southeast Asia, Japan and South Korea, the Middle East and Europe and America.
The Shanghai Composite Index opened at 3,430.08 points in the afternoon, up 0.22%. The Shanghai and Shenzhen 300 Index opened at 3,993.87 points in the afternoon, down 0.04%. Shenzhen Component Index opened at 10,860.99 points in the afternoon, up 0.45%. The GEM index opened at 2,266.24 points in the afternoon, up 0.10%. Small and medium-sized board opened at 11,727.56 points in the afternoon, up 0.65%.The impeachment case of South Korean President Yin Xiyue is expected to be voted again in the National Assembly at 17: 00 on the 14th. According to the news of the Common Democratic Party, the largest opposition party in South Korea, the impeachment case against President Yin Xiyue is expected to be voted again in the National Assembly of South Korea at 17: 00 on the 14th (16: 00 Beijing time on the 14th).The Mammal Area of the Hong Kong Zoological and Botanical Park will be reopened. Many monkeys in the park were infected with bacteria and died. The Leisure and Cultural Services Department (LCSD) of the Hong Kong Special Administrative Region Government announced that the Mammal Area of the Hong Kong Zoological and Botanical Park will be reopened on December 13th. On 14 October, the LCSD closed the mammal area in response to the death of monkeys infected with bacteria in the park, and immediately took a number of prevention and control measures, including comprehensive cleaning and disinfection of the cages; Arrange employees who take care of animals to wear protective equipment to remind employees to pay attention to their health; The bacterial test results of the employees concerned were all negative, and the test results of soil and water samples nearby were all negative. At present, the health status of mammals and staff caring for animals in the park is normal, and the LCSD will reopen the mammal area of the park. (Voice of Greater Bay Area)