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Daiwa Capital Market raised the target price of Tesla from $285 to $420.Yamato: Raising the target price of IWC to HK$ 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.

The main contract of CSI 500 stock index futures (IC) expanded to 1.00% in the day and is now reported at 6104.4 points. The main contract of CSI 500 stock index futures (IC) stood at 6100 points, rising by 0.99% in the day.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.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.

Kuwait set the price of crude oil sold to the United States in January at a premium of $4.10 per barrel.Hua Fu Securities completed the capital increase and share expansion of over 4.7 billion yuan, and the Shanghai United Assets and Equity Exchange issued a closing announcement: the capital increase and share expansion project of Hua Fu Securities was launched. There were 17 participants in this capital increase, including 4 original shareholder units and 13 new investors, with a total investment of about 4.757 billion yuan. According to China, a brokerage firm, Hua Fu Securities' capital increase and share expansion has attracted wide attention in the market, becoming the largest equity financing case in the securities industry this year.Kuwait set the price of crude oil sold to the United States in January at a premium of $4.10 per barrel.