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The global layout will further promote Sannuo Bio-CGM products to enter the European market. Recently, Sannuo Bio-CGM has reached a strategic cooperation with A.Menarini Diagnostics, a leading European medical diagnosis company, and signed an exclusive distribution agreement. The continuous glucose monitoring (CGM) products of Sannuo Bio will be launched in the European market in the form of joint brands of both parties. Sannuo Bio authorized A.Menarini Diagnostics to exclusively sell its CGM products in more than 20 countries and regions in Europe. In the future, the latter will vigorously promote the access, promotion and sales of Sannuo Bio CGM products in the European medical insurance market. Sannuo Bio has been actively deploying its internationalization strategy since its listing, and its iCan CGM is the first continuous glucose monitoring product certified by CE MDR in China. At present, Europe is the second largest market for CGM. In this cooperation, the two sides signed an exclusive distribution contract with considerable volume, which is expected to greatly accelerate the penetration and coverage of Sannuo Bio-CGM products in the European market.The cement building materials sector rose sharply, Yatai Group had a daily limit in the afternoon, and Honglu Steel Structure, Fujian Cement, Jinyu Group, hangxiao and Tianshan were among the top gainers.CICC: Xiamen Tungsten Industry will be successfully issued, and resource development and high-end production capacity construction are expected to accelerate. According to the research report of CICC, Xiamen Tungsten Industry (600549.SH) will be successfully issued, and resource development and high-end production capacity construction are expected to accelerate. It is worth noting that the final issue price of this fundraising is 20.80 yuan/share, which is 28.87% higher than the reserve price, and 3.35% lower than the closing price of 21.52 yuan/share on November 6, the first day of the issuance period. After the completion of the issuance, the company is expected to accelerate the development of tungsten resources and the construction of downstream high-end production capacity, and strengthen profit growth. Considering the impact of stock issuance, the net profit of returning to the mother in 2024 will remain unchanged at 1.92 billion yuan, and the net profit of returning to the mother in 2025 will be raised by 1.7% to 2.25 billion yuan, and CAGR+18.6% from 2023 to 2025. Raise the target price by 17% to 24.1 yuan.

CICC: Xiamen Tungsten Industry will be successfully issued, and resource development and high-end production capacity construction are expected to accelerate. According to the research report of CICC, Xiamen Tungsten Industry (600549.SH) will be successfully issued, and resource development and high-end production capacity construction are expected to accelerate. It is worth noting that the final issue price of this fundraising is 20.80 yuan/share, which is 28.87% higher than the reserve price, and 3.35% lower than the closing price of 21.52 yuan/share on November 6, the first day of the issuance period. After the completion of the issuance, the company is expected to accelerate the development of tungsten resources and the construction of downstream high-end production capacity, and strengthen profit growth. Considering the impact of stock issuance, the net profit of returning to the mother in 2024 will remain unchanged at 1.92 billion yuan, and the net profit of returning to the mother in 2025 will be raised by 1.7% to 2.25 billion yuan, and CAGR+18.6% from 2023 to 2025. Raise the target price by 17% to 24.1 yuan.The security department of the President's Office of South Korea confronted the searchers. The special investigation team of emergency martial law of the National Investigation Department of the South Korean police tried to seize and search the President's Office today (December 11), but the confrontation lasted for 2 hours due to the postponement of consultations with the security department of the President's Office. The Special Investigation Team of Emergency Martial Law of the National Investigation Department of the South Korean Police Agency said that the seizure and search personnel arrived at the consulting room of the President's Office at around 11: 45 local time to go through the entry and exit procedures, and then showed the police's seizure and search warrant to the Presidential Guard. It is understood that there are four places for the seizure and search, including the President's Office, the Secretary's Office, the State Council Room and the Presidential Security Office. The special investigation team held a two-hour consultation with the security department of the President's Office, but no results were obtained. (CCTV International News)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).

Wuxi factory was completed last year, and Yakult in Shanghai was closed this year: The Shanghai factory has been integrated into the Shanghai headquarters. Recently, the news that Yakult, a lactic acid bacteria brand, closed its Shanghai factory attracted attention. It is reported that the Shanghai factory producing Yakult, a lactic acid bacteria beverage, stopped production on December 6, and the production will be fully transferred to other domestic bases such as Tianjin factory and Wuxi factory. In this regard, Yakult China said that the Shanghai factory has been integrated into the Shanghai headquarters, and the closure of the Shanghai factory is part of the business reform, with the aim of improving production efficiency through restructuring and integrating resource allocation to further improve sales and performance. (21 Finance)Wang Tao, UBS: It is expected that the Central Economic Work Conference will focus on the short-term policy package. Recently, the market highly expects the Central Economic Work Conference to guide the high-quality economic development of China next year. Wang Tao, head of Asian economic research at UBS and chief China economist, said: "I expect that the Central Economic Work Conference may focus on the short-term policy package in 2025 and 2026, but it will also emphasize accelerating some reform measures already outlined at the Third Plenary Session." Wang Tao believes that the next important reform measures may include providing better protection and access for the private economy, deepening the reform of state-owned enterprises to improve efficiency and governance, promoting household registration reform to improve the welfare of migrant workers, strengthening the social security network, and carrying out fiscal and taxation reforms to solve local fiscal revenue problems. "I think structural, deeper and faster reforms will be very important, not only to attract foreign investment, but also to boost domestic confidence." (China Daily)KPMG: It is expected that the amount of IPO funds raised in Hong Kong will remain in the top five next year. After the second half of this year, Hong Kong's new stock market welcomed Midea Group and other leading enterprises to come to Hong Kong for listing, KPMG said that the annual amount of IPO funds raised in Hong Kong is expected to reach HK$ 82.9 billion, ranking fourth. KPMG estimates that the new stock market in Hong Kong will continue to improve next year. It is estimated that 80 companies will come to Hong Kong to list, raising 100 billion to 120 billion Hong Kong dollars, and it is expected to remain in the top five.