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Market News: Brian Quintenz has become the top contender for the chairmanship of the Commodity Futures Trading Commission (CFTC).Police in Xichang, Sichuan: A man who knocked down a pedestrian after drinking and driving killed three people and was detained.Fourteen people have been killed by Israeli air strikes in the central part of the Gaza Strip. On the 12th local time, it was learned from the Palestinian side that the Israeli army bombed a house west of Nuseilet refugee camp in the central part of the Gaza Strip, killing 14 people and injuring many others. (CCTV News)

The yield spread of US 10-year Treasury bonds relative to China's has widened to about 250 basis points, the largest in 22 years.Xi 'an Aisheng Group: It is planned to conduct a comprehensive benchmarking survey on financial and internal control according to the asset securitization standards, and the Ordnance Industry Group issued the Comprehensive Financial and Audit Services Project of Xi 'an Aisheng Technology Group Co., Ltd. on the procurement e-commerce platform. The announcement shows that the project will conduct a comprehensive benchmarking survey on the purchaser's financial and internal control situation in accordance with the asset securitization standards, put forward rationalization suggestions, and issue a best-effort report. At the same time, review the annual financial statements of the purchaser during the standardized period, and assist the purchaser to complete the annual final accounts and tax returns; Cooperate with other intermediaries in their daily work. According to the requirements, the supplier must have the audit performance of similar asset securitization projects undertaken since January 1, 2021, and the project leader must have the successful project performance signed by two or more audit reports of similar asset securitization projects. According to the data, Xi 'an Aisheng Group is one of the earliest units engaged in the development and production of UAV systems in China. In 2009, 2017 and 2019, the developed products participated in the military parade of the 60th anniversary of the National Day, the 90th anniversary of the founding of the People's Republic of China and the 70th anniversary of the National Day. In addition, Inner Mongolia No.1 Machinery Co., Ltd. (600967), which is also a subsidiary of China Ordnance Industry Group, just announced on December 7 that it plans to increase its capital with related parties. Upon completion, the company will hold 4.27% of its shares, and together with the actual controller China Ordnance Industry Group and concerted parties, it will hold 52.15% of its shares.Encourage and support commercial banks to sell all types of personal pension products. The Ministry of Human Resources and Social Security and other five departments issued the Notice on the Full Implementation of the Personal Pension System, which pointed out that the scope of commercial banks offering personal pension business should be carefully determined and commercial banks should be encouraged to sell all types of personal pension products. Commercial banks should improve online and offline service channels, provide more personalized services for participants to change their bank accounts and receive personal pensions, and provide convenience for wealth management companies, insurance companies and other institutions to carry out personal pension business.

Wang Xiaochuan Baichuan Intelligent has set up a technology company in Ningbo with a number of AI businesses. According to enterprise investigation, recently, Ningbo Baichuan Ronghui Technology Co., Ltd. was established with Wang Xiaochuan as the legal representative and a registered capital of 70 million US dollars. Its business scope includes artificial intelligence dual-creation service platform, artificial intelligence theory and algorithm software development, artificial intelligence basic software development, artificial intelligence general application system, artificial intelligence public data platform and artificial intelligence public service platform technical consulting service. Equity penetration shows that the company is wholly owned by BAICHUAN AI (HK) LIMITED.The ethylene plant of ExxonMobil Huizhou Ethylene Phase I Project entered the commissioning stage, and ExxonMobil China announced that in December 2024, the 1.6 million tons ethylene plant of ExxonMobil Huizhou Ethylene Phase I Project was handed over to China and entered the commissioning stage in an all-round way. ExxonMobil Huizhou Ethylene Project is located in Huizhou Daya Bay Petrochemical Park. The first phase of the project mainly includes ethylene plants, high-end polyethylene and polypropylene production plants in the middle and lower reaches, and supporting utilities, docks, storage and transportation and environmental protection facilities.The turnover of Shanghai, Shenzhen and Beijing exceeded 1 trillion yuan, 15.6 billion yuan more than the previous day. Up to now, the turnover of Shanghai, Shenzhen and Beijing exceeded 1 trillion yuan, 15.6 billion yuan more than the previous day. Among them, the turnover of Shanghai Stock Exchange was 378.3 billion yuan, that of Shenzhen Stock Exchange was 611.9 billion yuan, and that of Beizheng 50 was 10.5 billion yuan.