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The Hang Seng Index rose 1.4%, led by Tencent Holdings Limited. The Hang Seng Index rose 1.4% to 20,435.93 in Hong Kong. Tencent Holdings contributed the most to the index rise, rising by 2.4%. Mengniu Dairy has the largest increase, up by 7.0%. In midday trading, 71 of 83 stocks rose and 10 fell; All stocks rose, led by industrial and commercial stocks.Indian Trade Secretary: India will need more imports to maintain high growth, and should not be too worried about the trade deficit.CSRC: Optimize the supply of products in time and include the first batch of index funds in the catalogue of personal pension investment products. Recently, the Ministry of Human Resources and Social Security, the Ministry of Finance, the State Administration of Taxation, the General Administration of Financial Supervision and the CSRC jointly issued the Notice on the Full Implementation of the Personal Pension System (hereinafter referred to as the Notice), and the personal pension system will be extended to the whole country on December 15. Personal pension is long-term, persistent and large-scale. By actively investing in the capital market, it is conducive to sharing the fruits of the development of the real economy and helping to maintain and increase value for a long time. As a representative of professional institutional investors in the capital market, Public Offering of Fund industry has been entrusted to manage all kinds of pension assets over 6 trillion yuan, creating good long-term income and accumulating rich management experience. According to the requirements of the Notice, the CSRC timely optimized the product supply and included the first batch of index funds in the catalogue of personal pension investment products. Subsequently, the CSRC will strengthen the supervision of personal pension investment in Public Offering of Fund, urge Public Offering of Fund managers to continuously improve their management and service capabilities, and better support the high-quality development of personal pensions. (CSRC)

Market News: NVIDIA has increased its recruitment in China, focusing on artificial intelligence to drive cars.The word "Jin" was elected as the Japanese Chinese character of the year in 2024. According to NHK, on the afternoon of December 12, local time, Kiyomizu Temple in Kyoto, Japan announced the word "Jin" as the Japanese Chinese character of the year in 2024. According to the report, this year's word "gold" has two meanings. One is that athletes such as Japanese Olympic athletes have performed well and issued a shining "golden light"; The second is the political black gold problem in Japanese politics and frequent robberies caused by underground part-time jobs, because the pronunciation of "gold" in Japanese, like the word "shadow", also implies the meaning of "shadow". (China News Network)The Hang Seng Index rose 1.4%, led by Tencent Holdings Limited. The Hang Seng Index rose 1.4% to 20,435.93 in Hong Kong. Tencent Holdings contributed the most to the index rise, rising by 2.4%. Mengniu Dairy has the largest increase, up by 7.0%. In midday trading, 71 of 83 stocks rose and 10 fell; All stocks rose, led by industrial and commercial stocks.

Thailand's consumer confidence index rose to 56.9 in November, boosted by stimulus measures, and Thailand's consumer confidence index rose from 56.0 to 56.9 in November.The daily limit of Sanyuan shares and Panda dairy products rose due to changes in the dairy sector, while Sanyuan shares and Panda dairy products rose due to changes in the dairy sector. The western animal husbandry industry rose by over 15%, followed by Ligao food, qiaqia food and Nanqiao food.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.