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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 2005.59 Hong Kong stocks were repurchased by the company yesterday, with Tencent Holdings, AIA and Aauto Quicker having the largest amount of repurchase. On December 9, a total of 59 Hong Kong stocks were repurchased by the company, and the amount of repurchase of 11 stocks exceeded HK$ 10 million. Among them, Tencent Holdings, AIA and Aauto Quicker -W have the largest repurchase amounts, with the repurchase amounts of HK$ 701 million, HK$ 61.927 million and HK$ 48.4189 million respectively.

China Life Insurance: In 2024, the accumulated original insurance premium income was about 644.3 billion yuan, up 4.8% year-on-year. According to the announcement of China Life Insurance, the accumulated original insurance premium income of the company was about 644.3 billion yuan from January 1, 2024 to November 30, 2024, up 4.8% year-on-year. The above data have not been audited.Huaxi Securities: In 2025, the rate of RRR cut and interest rate cut may not be lower than 50bp and 20bp. Huaxi Securities Research Report pointed out that this Politburo meeting revisited "moderately loose monetary policy", and the market inevitably associated with the magnificent combination of monetary and fiscal policies in 2008-2010. Specific to this round of monetary policy, it may be similar to it, not only the tone has changed, but also the framework has changed from the previous cross-cycle (or both cross-cycle and counter-cycle) to counter-cycle adjustment, which is likely to point to an increase in the adjustment range of reserve ratio and policy interest rate. Looking forward to 2025, the rate of single RRR cut and interest rate cut of monetary policy may not be lower than 50bp and 20bp (the rate in 2024), and the possibility of further increasing the rate in the face of extreme circumstances is not ruled out. The specific degree and duration of easing may depend on the economic situation.Recruitment platform Indeded: Job vacancies in the UK are falling faster than those in other developed countries. The recruitment platform Indeded said on Tuesday that job vacancies in the UK have fallen faster than those in other developed countries in the past year, which is another sign that the British economy lost momentum in the second half of this year. Indeed data shows that as of November 29, the number of British job advertisements posted on its platform decreased by 23% compared with the same period of last year, which was even greater than the 14% decline from August to October according to official data. France is only a little better than Britain, and the number of job vacancies has dropped by 22% compared with the same period of last year, while other comparable countries, including the United States, Germany, Ireland, Canada and Australia, have dropped by 5% to 15%.

Debon Securities: Pay attention to the investment opportunities in the fields of liquor, beer and leisure snacks. Debon Securities Research Report pointed out that 1) Liquor: The dealer conference will set the tone for next year, giving priority to the opportunities of low-value leading layout. Recently, wine companies have intensively held dealer meetings to set the tone for next year's growth. At present, wine enterprises are generally rational and pragmatic, and reasonable speed reduction reduces the burden on channels. With a series of economic policies, the consumption of enterprises and residents is expected to pick up in 2025. The competitiveness of head enterprises has been further enhanced through continuous evolution, so it is suggested to grasp the investment opportunities with low expectations at present. 2) Beer: The overall performance of the third quarterly report is under pressure due to the weak recovery of demand and weather, but it is expected that the ton price of major beer enterprises will maintain a steady and rising trend throughout the year. With the introduction of a series of policies to stimulate consumption, terminal demand is expected to improve, and the recovery of ready-to-drink scenes such as catering is expected to promote the upgrading and continuation of beer structure. 3) Leisure snacks: The performance of leisure snack enterprises is further differentiated, and the performance of high-potential targets is optimistic in the peak season. In the third quarter, the performance of leisure and snack enterprises was divided, and the growth toughness of high-potential enterprises remained the same. The follow-up Spring Festival peak season is expected to bring the possibility of exceeding expectations. At present, the level of income profit rate of head enterprises is expected to remain stable.Elephant Supermarket established Elephant Fresh Technology Co., Ltd. in Changzhou with a registered capital of 10 million yuan. According to Tianyancha App, Changzhou Elephant Fresh Technology Co., Ltd. was recently established with Xie Yijun as the legal representative and a registered capital of 10 million yuan. Its business scope includes catering service, food sales, publication retail, the third kind of medical equipment management, drug retail, halal food management and so on. According to shareholder information, the company is wholly owned by Beijing Xiangxian Technology Co., Ltd..Darentang: Chloe Wang resigned as the general manager due to job change. Darentang announced on the evening of December 10th that Chloe Wang applied to resign as the general manager of the company due to job change. After resigning, Ms. Chloe Wang still served as the director and chairman of the company.