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2024-12-14 11:26:56

Citigroup: Pinduoduo, which operates retail platform Temu, is likely to continue to face short-term disadvantages. Maintain the neutral rating of ADR in Pinduoduo and set the target price of ADR in Pinduoduo at $125.00. Note: The latest ADR report in Pinduoduo is $103.42.The Shanghai and Shenzhen 300 Index rose 1% to 4,029.91 points. The Shenzhen Component Index rose to 1%, the Shanghai Composite Index rose by 0.76% and the Growth Enterprise Market Index rose by 1.77%.India's SENSEX30 index opened 0.06% lower at 81,476.76 points. Among the constituent stocks, State Power of India opened 0.79% higher, Mahengda Information Technology rose 0.56%, and Tata Motors rose 0.5%; In terms of decline, HDFC BANK opened 0.74% lower, Bharti Telecom fell 0.68%, and Unilever of India fell 0.53%.


The 10-year main contract of treasury bond futures rose in the afternoon, hitting a record high. The 10-year main contract of treasury bond futures rose in the afternoon and now rose by 0.17% to 108.335 yuan, hitting a record high. In addition, the 30-year main contract rose by 0.27%, the 5-year main contract rose by 0.07%, and the 2-year main contract rose by 0.03%.Foreign media: Blinken testified in Congress about the withdrawal of troops from Afghanistan, and the pro-Palestinian protesters interrupted his speech several times. According to the Turkish Anadolu News Agency, US Secretary of State Blinken testified in the House of Representatives on the withdrawal of troops from Afghanistan on the 11th local time, during which several pro-Palestinian protesters interrupted his speech several times.Turkey imposes additional tax on Iranian flat glass imports.


Minister of Finance Lan Foan attended and delivered a speech at the launching ceremony of the China-World Bank Group Global Ecosystem and Transformation Center. On December 8, the Ministry of Finance and the World Bank jointly held the launching ceremony of the China-World Bank Group Global Ecosystem and Transformation Center (hereinafter referred to as the Global Center). Lan Foan, Minister of Finance, delivered an opening speech with Peng Anjie, President of the World Bank, and signed a memorandum on the Global Center and an agreement on the renewal of the China-World Bank Group Partnership Fund. Liao Minyi, Vice Minister of Finance, and Philo, Vice President of the East Asia and Pacific Region of the World Bank, made closing remarks. More than 100 Chinese and foreign representatives from more than 20 embassies and international organizations in China, as well as relevant domestic departments and research institutions attended the event. Lan Foan emphasized that in the past decade, the central government has invested nearly 6 trillion yuan to fully guarantee the construction of beautiful China. The "gold content" of China's ecological environment has improved significantly, and the "green content" of its development has increased significantly. At the same time, China has assumed the responsibility of a big country, demonstrated its role as a big country, and achieved a major transformation from a participant to a leader in global environmental governance. China is willing to take the global center as a bridge, share China's experience in ecological protection and development, and embark on the road of green transformation together with other countries.The concept of Internet finance strengthened in the afternoon, with Zhaori Technology's daily limit rising, Zhaori Technology and Guolian Securities' daily limit rising, huijin technology rose more than 15%, and Harbin Investment Co., Ltd., Fortune Trend, Winning Time and Straight Flush also rose.Pakistan KSE-100 index rose 1% to 112,128.50.

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