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When asked who is in charge of South Korea, the South Korean President's Office stated that "there is no official position to provide".The loose monetary signal ignited the bond market. The yield of 10-year government bonds hit 1.83% and hit a new low. Affected by the loose monetary signal, the yield of 10-year government bonds once again hit a record low. During the session on December 10th, the yield of the 10-year active bond "24 Treasury Bond 11 with Interest" (240011) fell by 7.5BP (basis point) and hit 1.8300%, hitting a record low. The yield of 30-year active bond "24 Special Bond 06" (2400006) also went down all the way, falling to 2.0450%, down 4BP from the previous day. Treasury futures rose strongly all day, and the 30-year main contract closed up 1.37%, setting a record high. The ETF market of government bonds was all red, and the 30-year ETF rose by 1.87%. Politburo meeting of the Chinese Communist Party, held on the 9th, sent a signal of steady growth, which formed a favorable support for the bond market. For the economic work in 2025, the meeting first mentioned "extraordinary countercyclical adjustment", and the tone of monetary policy changed from "steady" that lasted for 14 years to "moderately loose". The loose monetary signal pushes the bond market to strengthen. According to industry analysts, the debt bull will continue in the future, and the yield of 10-year government bonds can be seen as low as 1.6%. However, there are also views that if the economic fundamentals continue to run in 2024 next year, the bond market yield will rebound in the future and need to be treated with caution. (CBN)The 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held, and the 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held in Beijing. Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Foreign Minister Wang Yi co-chaired the meeting with Vietnamese Deputy Prime Minister and Foreign Minister Pei Qingshan, and the heads of many ministries and commissions of both sides and local provinces and regions participated online and offline. Wang Yi pointed out that the two sides should maintain a stable strategic direction, maintain high-level exchanges and counterpart cooperation and exchanges, and jointly enhance their ruling ability. China supports Vietnam's preparations for the 14th National Congress of the Communist Party of Vietnam (CPV) and the socialist road in line with Vietnam's national conditions. We must lay a solid foundation for security, give full play to the "3+3" strategic dialogue between China and Vietnam in diplomacy, national defense and public security, and firmly unite and cooperate to safeguard common interests. It is necessary to promote mutual benefit and win-win, expand two-way trade and investment, build a stable and smooth cross-border industrial chain supply chain, improve the level of infrastructure interconnection and trade and investment facilitation, and strengthen cooperation in emerging fields such as artificial intelligence, e-commerce, digital economy and green development. We should cultivate people-to-people friendship, organize the 75th anniversary of the establishment of diplomatic relations between China and China and the China-Vietnam People-to-People Exchange Year next year, encourage more Vietnamese tourists to travel to Vietnam, and support the opening of flights between the two countries. It is necessary to strengthen coordination and cooperation under the mechanisms of the United Nations, ASEAN and Lanzhou-Mekong cooperation, practice true multilateralism and safeguard the common interests of developing countries. It is necessary to manage differences properly, adhere to bilateral friendly consultations, continue to make good use of the border negotiation mechanism, and promote new progress in maritime cooperation. (Ministry of Foreign Affairs)

SOMO, Iraq's national oil marketing organization: Iraq set the official selling price of Basra Intermediate crude oil to North America and South America in January 2024 at-1.5 USD per barrel (lower than ASCI price).The Israeli navy destroyed several Syrian naval vessels, and the Israeli navy carried out a large-scale operation on the 9th, destroying several naval fleets of Syrian government forces. According to military sources, Israeli navy missile boats attacked the Gulf of Minato Beida and the port of Latakia on the Syrian coast, destroying several Syrian naval vessels equipped with sea-to-sea missiles. According to sources, the attack was to prevent Syrian naval forces and weapons from falling into the hands of hostile forces. In addition, since Assad left Syria, the Israeli air force has carried out about 300 air strikes against Syria.HSBC: optimistic about the EU power network and integrated utilities; It is considered that renewable energy has risks.

Changhua Group: We received the designated notice from the flying car company. Changhua Group announced that the company recently received the designated development notice from a well-known domestic flying car company, and the designated products are mainly fasteners and metal structural parts. The life cycle of the designated project is 5 years, and the estimated total sales amount in the life cycle is about RMB 91 million. It is expected that it will not have a significant impact on the company's performance this year. If the subsequent substantive sales orders are successfully converted, it will help increase the operating income and operating efficiency in the future.SOMO, Iraq's national oil marketing organization: Iraq set the official selling price of Basra Intermediate crude oil to North America and South America in January 2024 at-1.5 USD per barrel (lower than ASCI price).Alibaba Cloud Yuan Qian: Overseas income has increased 20 times in five years. On December 10th, at the international business development exchange meeting in Alibaba Cloud, Yuan Qian, general manager of Alibaba Cloud Intelligent International Division, revealed that Alibaba Cloud's overseas income has increased 20 times in five years, and it has served 4 million customers worldwide. She said that compared with overseas competitors, Alibaba Cloud's advantage lies in its local compliance, especially its highest compliance certification in Saudi Arabia, followed by its products and competitiveness. In addition, Alibaba Cloud has also invested a lot in services and ecology.