Finance Minister of Thailand: The Cabinet approved a reduction of 0.23% in FIDF (Financial Institution Rehabilitation Fund) donations within three years.Ice and snow tourism concept stocks strengthened in the short-term, with Inpais trading daily, Yuanlongyatu and Longjiang traffic rising.IG Group: The market liquidity problem leads to the widening of the spread between gold and silver. The financial institution IG Group: The higher spread between gold and silver is due to the disconnection between the spot market and the futures market, which leads to the liquidity provider (LP) greatly expanding the spread. In order to maintain the availability of the transaction, we adjusted the maximum spread accordingly. This is the problem of the whole market, not just the problem of IG Group.
Jundingda: The opening ceremony of the Mexican subsidiary was held in late November, which will not have a significant impact on the company's revenue for the time being. Jundingda (301538) said in an institutional investigation on December 10 that the Mexican subsidiary had held its opening ceremony in late November 2024, and some downstream customers still need to complete on-site certification and audit. The operating area of the subsidiary is about 6,000 square meters, which will not have a significant impact on the company's operating income for the time being. In the future, the company will explore the feasibility of setting up foreign factories, sales offices and warehouses covering other overseas regions, such as Europe and Southeast Asia, according to the needs of downstream customers.Australia's S&P/ASX 200 index closed down 0.5% to 8,353.60 points.Hainan Free Trade Zone concept changed partially. Hainan Ruize and Hainan Development both had daily limit, Hainan Ruize and Hainan Development both had daily limit, and Lishang Guochao, Hainan Haiyao, Hainan Expressway and Huawen Group followed suit.
There will be another high-speed railway station in Xi 'an. According to the news of WeChat official account released by Xi 'an, on December 7th, with the completion of the last concrete pouring, it marked the completion of the underground structure construction of Gaoling Station of Xi 'an-Yan 'an high-speed railway, which was built by Shaanxi Company of Xicheng Passenger Dedicated Railway and Beijing Engineering Bureau Group of China Railway, and entered the construction stage of the above-ground main structure in an all-round way.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.A laboratory in Australia lost hundreds of deadly virus samples. It is reported that a laboratory in Australia lost hundreds of deadly virus samples, causing a "major loophole" in biosafety. On December 8th, Queensland Health Minister announced that there are currently 323 bottles of live virus missing. These include nearly 100 bottles of Hendra virus, two bottles of Hantavirus and 223 bottles of rabies virus-all of which are extremely deadly to human beings. The Queensland authorities insist that although these samples can be used as weapons, it is "not something that amateurs can do". The sample was lost in 2021, but investigators did not confirm the leak until August 2023. Queensland authorities waited for a year before being allowed to open the freezer where the samples were stored, and only this month were they able to confirm that the samples were lost. It is not clear where these samples may be or whether they have been destroyed. However, there is no evidence that the public is at risk of infection because of the disappearance of samples.