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The Ministry of Commerce held a special promotion activity of "Investing in China" in the Middle East in Abu Dhabi, United Arab Emirates. According to the website of the Ministry of Commerce, on December 11th, the Ministry of Commerce held a special promotion activity of "Investing in China" in the Middle East and a docking activity of industrial capital between China and the Middle East. Ling Ji, Vice Minister of Commerce and Deputy Representative of International Trade Negotiations, and Zhang Yiming, Ambassador of China to the United Arab Emirates attended the event and delivered speeches. Zhao Haiying, deputy general manager of China Investment Corporation, Zhang Xiaodong, deputy governor of China Bank, and relevant officials of the UAE Ministry of Economy and Investment attended the event. 40 China enterprises from new energy, advanced manufacturing, biomedicine, information technology and other fields negotiated docking with more than 70 sovereign wealth funds and investment institutions in the Middle East, and some enterprises conducted on-site roadshows. Ling Ji said that the purpose of holding this "Invest in China" activity is to implement the important consensus reached by the leaders of China and Arab countries and push the two sides to deepen economic and trade cooperation. At present, China is fully promoting Chinese modernization with high-quality development, developing new quality productivity according to local conditions, and many high-quality enterprises have emerged in emerging frontier areas, which contain broad investment space. Innovation is an important link between China market and capital in the Middle East. China actively encourages venture capital and private equity investment, revises and improves the management measures for foreign investors' strategic investment in listed companies, and supports the development of science and technology enterprises. Welcome Middle East capital to seize the development opportunity of China and deepen cooperation with China in industrial innovation. The participating sovereign wealth funds and investment institutions in the Middle East said that China has a vast market, strong scientific and technological strength, efficient and reliable supply chain and abundant talent pool, and is an ideal destination for innovative investment. It is willing to invest in China and deepen its cultivation in China. Before the event, Ling Ji had a small-scale in-depth exchange with some representatives of sovereign wealth funds and investment institutions in the Middle East, and had a discussion with some representatives of China enterprises.Yibin Paper: The asset-liability ratio of the acetate fiber company to be acquired is 88.31%. Yibin Paper announced the change, and the company plans to acquire 67% equity of Sichuan Pushi Cellulose Acetate Co., Ltd. held by the related party Yibin Pushi Group Co., Ltd.. As of July 31, 2024, according to the audited financial data, the total liabilities of Acetic Fiber Company were 971,116,800 yuan, and the asset-liability ratio was 88.31%. It is expected that there will be related capital outflows in the future. The transaction has yet to be reviewed and approved by the company's shareholders' meeting and procedures such as handling industrial and commercial change registration, and subsequent implementation is uncertain. Investors are requested to invest rationally and pay attention to risks.Fujia shares: general election of the board of directors and the board of supervisors. On December 11, Fujia shares announced that the second board of directors of the company will expire on December 29, 2024, and the general election of the board of directors and the board of supervisors will be held. Mr. Wang Yuedan, Mr. Lang Yiding, Mr. Tu Ziqun, Mr. Luo Junbin, Ms. Wang Yiming and Mr. Kang Zuyao are nominated as candidates for non-independent directors of the third board of directors, and Mr. Shen Hongjian, Mr. Yu Weixing and Ms. Zheng Jiwen are candidates for independent directors. At the same time, Mr. Li Qiuyuan and Mr. Shen Xuejun were nominated as candidates for the non-employee representative supervisor of the Third Board of Supervisors, and Mr. Li Mingming was appointed as the employee representative supervisor.

The promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong, and the promotion meeting of Hainan Free Trade Port (Hong Kong) was held in Hong Kong Convention and Exhibition Center on the 11th, aiming at further strengthening the economic and trade cooperation and exchanges between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, and contributing to the construction of Hainan Free Trade Port. At the event site, Ning Hongwen, president of Hainan Provincial Council for the Promotion of International Trade and Hainan International Chamber of Commerce, delivered speeches, saying that the promotion meeting would enable entrepreneurs of the two places to jointly explore new opportunities for economic and trade cooperation between Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area, share successful experiences of the industrial and commercial circles and seek common development. Xu Jinli, director of bilateral cooperation department of China International Chamber of Commerce, said that Hong Kong and Hainan should grasp the complementary and synergistic effects in supply chain, further promote in-depth cooperation in smart logistics, cross-border e-commerce and green supply chain, and inject more vitality into the joint development of Guangdong-Hong Kong-Macao Greater Bay Area and Hainan Free Trade Port. (Xinhua News Agency)The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.

Russia said it was attacked by six ATACMS missiles today, and said it would respond to today's ATACMS missile attack.The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).The war-torn people in Syria are in fear, and the sudden escalation of the situation in Syria has plunged the country into a new round of violence. The air strikes in recent days have made the Syrian people nervous and live in fear all day. (CCTV)