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President united steelworkers union: The acquisition of Nippon Steel in Japan may mean the long-term decline of American steel companies. The head of the largest trade union in North America said that there is no guarantee from Nippon Steel to ensure that American steel companies will not decline after the acquisition. A few days ago, Nippon Steel of Japan proposed a $15 billion acquisition of American steel companies, which was opposed by Biden and Trump. The acquisition will be subject to the national security review of the Committee on Foreign Investment (CFIUS) later this month. United steelworkers union Chairman David McCall was interviewed on Monday. On that day, Nippon Steel announced the details of various commitments it had made to gain union support, including job security and investment in facilities. Mccall said that one of his biggest concerns is that Nippon Steel may export steel products to the United States through its international steel mills, which he feared would weaken the position of American steel companies. Mccall said: "When we discuss with Nippon Steel, nothing can guarantee that their commitment is feasible in the long run." Nippon Steel previously denied that it would import steel from its international steel mills after reaching an agreement, and repeatedly said that its goal is to become a "member" of the United States, and the American market is crucial to its future growth.FTSE China A50 index futures fell, after rising more than 0.7%.WIMMER, member of Allianz Board of Directors: We are willing to establish strategic partnerships in the field of asset management, but these partnerships must be strategically and financially compatible.

New quality productivity is still the core of policy orientation! Kechuang 100TF (588190) closed up 1.71%. On December 10th, Kechuang 100TF (588190) closed up 1.71%, with a turnover of 667 million yuan. The constituent stocks rose strongly, with Guo Dun Quantum up 6.19%, Siwei up 4.18%, and Hengxuan Technology, Ruichuang Micro-nano and Alice followed suit. Huajin Securities said that developing new quality productivity is still the main policy orientation. The meeting clearly put forward that "scientific and technological innovation should lead the development of new quality productivity", showing that the emerging industries related to the eight new quality productivity are still the main direction of the policy. From a short-term perspective, positive policies are expected to drive A-shares to start the New Year's market. First, from the molecular perspective, the meeting may raise the market's expectation of economic recovery: the meeting can expect to adjust fiscal and monetary easing next year and further economic recovery. In terms of liquidity, further easing of monetary policy is expected to rise.STIFEL raised Oracle Bone Inscriptions's target price from $155 to $175.Spanish Foreign Minister: There is no need to take additional measures for asylum applications, because Spain has fewer asylum applications than other EU countries.

President of China Investment Promotion Association: The digital service and service outsourcing industry will usher in rapid development. The 13th China International Service Outsourcing Fair (hereinafter referred to as Service Expo) was held in Wuhan on the 10th. Ma Xiuhong, president of China Council for the Promotion of International Investment, said at the meeting that with the accelerated innovation of artificial intelligence, big data, cloud services and other technologies, the scale of China's digital economy has greatly increased, and the digital service and service outsourcing industry will usher in a new stage of rapid development.Lee Ka Chiu John: Hong Kong is committed to becoming a leading global risk management center. In a speech at the Asia Insurance Forum 2024 held in Hong Kong on the 10th, Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) said that Hong Kong is committed to becoming a leading global risk management center. Lee Ka Chiu John said that as one of the three largest financial centers in the world, Hong Kong has about 160 authorized insurance companies, including six of the top ten insurance companies in the world. At present, Hong Kong has issued five catastrophe bonds, raising more than 700 million US dollars to resist typhoons, earthquakes and other natural disasters and provide risk mitigation measures for the global joint response to climate change. He stressed that as the region with the highest concentration of insurance companies and the highest insurance density in Asia, Hong Kong is committed to becoming a leading global risk management center. The SAR Government will continue to invite mainland and overseas enterprises in China to set up exclusive self-insurance companies in Hong Kong.Mine by mine, head by face! Shanxi has carried out three-dimensional ups and downs for coal mines with coal and gas outburst. Recently, the Shanxi Bureau of the State Administration of Mine Safety and the Emergency Management Department of Shanxi Province made further arrangements for the prevention and control of coal mine gas. The two departments require the coal mine safety supervision departments of cities and counties and the supervision and law enforcement departments of Shanxi Bureau to organize the three-dimensional lifting of the coal mines with coal and gas outburst in their respective jurisdictions one by one, check the gas disaster control effect of each head and mining area one by one, and take effective measures to eliminate hidden dangers in time. The emergency management bureaus of cities and counties shall carry out at least one special inspection of coal mine gas drainage standards every six months for all coal and gas outburst coal mines under supervision, and the supervision and law enforcement departments shall carry out at least one special inspection of coal mine gas drainage standards every year for all coal and gas outburst coal mines under their jurisdiction. All coal mining enterprises should promote that the chief engineer of the mine with serious gas disasters has the right to speak, the director (minister) of safety supervision "enters the team" and the deputy mine manager (director of safety supervision) is vertically supervised and managed by the superior enterprise. Underground coal mine must realize double-circuit power supply according to regulations, and be equipped with emergency generator sets that can be started at any time to meet the basic emergency treatment conditions such as underground ventilation, drainage and lifting. Before the end of 2025 in high outburst mines and before the end of June 2026 in low gas mines, the main ventilator must be automatically switched to ensure the stable and reliable operation of the main ventilator. (CCTV News)