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An earthquake of magnitude 4.0 occurred in the waters near the Fukushima Daiichi nuclear power plant in Japan. According to Japanese media reports, an earthquake of magnitude 4.0 occurred on the morning of the 12th local time in the eastern coastal area of Fukushima Prefecture, Japan, with a focal depth of 50 kilometers. Fukushima Prefecture has a sense of earthquake in many places, including Urachi-CHO, Langjiang-CHO and Yuye-CHO, among which Urachi is the location of Units 1 to 4 of the Fukushima Daiichi nuclear power plant. (CCTV News)According to the Quarterly Report of the Securities and Futures Commission, Hong Kong's capital market has benefited from the success of the interconnection mechanism with the mainland stock market since the third quarter, as well as the breakthrough in contact with the Middle East market. The net capital inflow of Hong Kong Stock Connect is strong. After the optimization of ETF Connect, the number of eligible Hong Kong ETFs has increased to 16, with a total market value of over HK$ 300 billion. Cross-border wealth management investment in the south has increased by over 60% since optimization, and the net subscription of Hong Kong funds has reached RMB 8.8 billion. The CSRC is considering the license applications of 15 virtual asset trading platforms, and it is expected that several operators will be licensed during the year. Liang Fengyi, Chief Executive Officer of China Securities Regulatory Commission, said that the ETF market in Hong Kong has achieved several new milestones this year and will devote itself to building a global hub. (Hong Kong Securities Regulatory Commission)Another ruling party member supported the impeachment of Yin Xiyue. On the morning of 12th local time, Zhongwu Qin, a famous Korean shooter, Olympic champion and member of parliament of the ruling National Power Party, expressed his support for the impeachment of President Yin Xiyue. At present, six members of parliament of the ruling party have publicly indicated that they will support the impeachment case of President Yin Xiyue. Earlier, South Korea's ruling National Power Party MP Kim Jae-sub announced on the 11th that he would vote in favor of the next presidential impeachment case, bringing the number of ruling party MPs in favor of impeaching President Yin Xiyue to five. South Korea's pan-opposition party has 192 seats in the National Assembly. If the impeachment motion is to be passed in the National Assembly, it needs to obtain at least two-thirds majority of the total 300 seats in the National Assembly, that is, 200 votes in favor. Therefore, the opposition party needs to win at least 8 ruling party members to vote in favor. (CCTV)

Yamato: Raising the target price of IWC to HK$ 20 has a more positive view on next year's revenue growth. Yamato published a report that under the strong demand from Malaysia, the bank has a more positive view on IWC's revenue growth next year. In addition, the bank believes that the external financing of operating GDSI, a data center outside the mainland, will release shareholder value. However, as GDSI will be separated from IWC's consolidated statements in the fourth quarter of this year, the bank believes that IWC's short-term re-evaluation will still mainly depend on its mainland business performance, so it still maintains a wait-and-see attitude. The bank maintained its "hold" rating on IWC, and its target price was raised from HK$ 8.6 to HK$ 20. Considering the increase in capital expenditure of IWC from 2025 to 2026, the bank raised its revenue forecast for this year and next by 5% to 24%, mainly due to the strong demand in the international market driven by short video platforms. In addition, in view of the fact that the company raised its capital expenditure guideline from 6.5 billion yuan to 11 billion yuan this year, the bank raised its capital expenditure forecast from 6.7 billion yuan to 11 billion yuan in 2024 and from 3.5 billion yuan to 10.5 billion yuan in 2025. In addition, the bank will raise the adjusted EBITDA forecast of IWC this year and next by 4% to 13% to consider the EBITDA contribution of its overseas business; It is estimated that the total revenue will increase by 15% this year (10% compared with the previous forecast) and 33% next year (15% compared with the previous forecast). The adjusted EBITDA is expected to increase by 11% and 25% this year and next (8% and 15% compared with the previous forecast).South Korea will gradually reduce the rice planting area to cope with the decline in demand. The Ministry of Agriculture, Food and Rural Affairs of South Korea said on Thursday that South Korea will strive to gradually reduce the rice field area to solve the problem of declining demand and adopt environmentally-friendly planting methods. Due to the change of diet structure, the annual rice consumption of Koreans has decreased, and the per capita rice consumption has dropped significantly from 61 kg in 2018 to 56.4 kg in 2023. At present, the total area of rice fields in South Korea is about 698,000 hectares, and the government says it plans to reduce the area of rice fields by 80,000 hectares next year. In addition, by 2029, the planting area of environmentally friendly rice will be expanded from 35,000 hectares this year to 68,000 hectares. The government will also allocate 244 billion won (about 170 million US dollars) to subsidize farms that grow strategic crops other than rice, such as wheat, beans and barley, which is an increase from 186.5 billion won this year.South Korea will gradually reduce the rice planting area to cope with the decline in demand. The Ministry of Agriculture, Food and Rural Affairs of South Korea said on Thursday that South Korea will strive to gradually reduce the rice field area to solve the problem of declining demand and adopt environmentally-friendly planting methods. Due to the change of diet structure, the annual rice consumption of Koreans has decreased, and the per capita rice consumption has dropped significantly from 61 kg in 2018 to 56.4 kg in 2023. At present, the total area of rice fields in South Korea is about 698,000 hectares, and the government says it plans to reduce the area of rice fields by 80,000 hectares next year. In addition, by 2029, the planting area of environmentally friendly rice will be expanded from 35,000 hectares this year to 68,000 hectares. The government will also allocate 244 billion won (about 170 million US dollars) to subsidize farms that grow strategic crops other than rice, such as wheat, beans and barley, which is an increase from 186.5 billion won this year.

Extremely Yue insiders: Xia Yiping still stays in the company's on-site office and is seeking financing. I learned from the inside of Extremely Yue Automobile that on the morning of December 12, Extreme Yue CEO Xia Yiping appeared in the company's headquarters office. Xia Yiping said that he appeared first to prove to employees that he had not run away, to tide over the difficulties with the company, and second to communicate with employees face to face. "His main task at present is financing, and he is also actively contacting investors for help." Insiders revealed to reporters. (The Paper)This year, the amount of M&A transactions involving listed companies in Hong Kong has reached 38 billion US dollars, which has triggered a rare bidding war. This year is expected to be the busiest year for M&A transactions involving listed companies in Hong Kong in the past decade, with industries ranging from skin care products to logistics real estate, and the bidding war has also warmed up. It is reported that China Mobile's bid for Hongkong Broadband may face competition from American private equity firm I Squared Capital. Bi Hua, chairman of Fenmei Packaging, is negotiating with Qihao Capital to jointly counter the privatization offer of Shandong Xinjufeng. The data shows that the scale of M&A transactions for listed companies in Hong Kong has reached $38 billion this year, the highest level since 2017, including the merger of Guotai Junan Securities and Haitong Securities, a smaller competitor, to become the largest brokerage firm in China.South Korea's ruling party has made it a unified position within the party to oppose the "special inspection law for civil strife" and "Jin Jianchit's inspection law". South Korea's ruling National Power Party said that it will make it a unified position within the party to oppose the "special inspection law for civil strife" and "Jin Jianchit's inspection law". (CCTV News)