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Insurance stocks of Hong Kong stocks rose, with New China Life Insurance (01336.HK) rising by over 4%, China Life Insurance (02628.HK) rising by 3.6%, China Ping An (02318.HK) rising by over 3%, followed by People's Insurance Group of China (01339.HK) and China Pacific Insurance (02601.HK).Ma Huateng People's Daily wrote: Promote the healthy and sustainable development of the digital economy. Ma Huateng said in the People's Daily that Tencent, as a digital technology enterprise, actively responded to the deployment of the country to expand domestic demand and actively explored the development of digital consumption. By optimizing consumer tools such as WeChat payment, the company tries to create and serve effective demand and promote economic cycle by testing the e-commerce business such as live delivery of water video numbers. At the same time, Tencent relies on the WeChat ecosystem to enhance the absorption and friendliness of employment and entrepreneurship. Last year, it provided employment income opportunities for more than 50 million people. In the future, Tencent will also increase investment, devote itself to technological innovation and industrial upgrading, and jointly contribute to the stable and healthy development of China's economy with the vast number of private enterprises.The personal pension system with national debt and index funds included in the product range was implemented nationwide on 15th, and the Ministry of Human Resources and Social Security, the Ministry of Finance, State Taxation Administration of The People's Republic of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission issued the Notice on the Full Implementation of the Personal Pension System. The Notice makes it clear that from December 15th, 2024, all workers who participate in the basic old-age insurance for urban workers or urban and rural residents in China can participate in the personal pension system. The Circular stipulates that on the basis of existing wealth management products, savings deposits, commercial old-age insurance and Public Offering of Fund products, national debt, specific old-age savings and index funds will be included in the scope of personal pension products. Encourage financial institutions to research and develop financial products such as personal pension savings, medium and low volatility or absolute income strategic fund products that meet the long-term pension needs, and reasonably determine the term and interest rate of personal pension savings. Financial institutions should do a good job in publicizing the asset allocation of personal pension products, carry out investment consulting services according to laws and regulations, and explore the default investment services. Strengthen the protection of financial consumers and investors, and guarantee the participants' right to know and choose independently.

Huadian New Energy established a photovoltaic power generation company in Hunan with a registered capital of 10 million yuan. According to Tianyancha App, Huadian (Xupu) Photovoltaic Power Generation Co., Ltd. was recently established with Xia Zhenxing as its legal representative and a registered capital of 10 million yuan. Its business scope includes wind power generation technical services, solar power generation technical services, power generation technical services and contract energy management. According to shareholder information, the company is wholly owned by Huadian New Energy Group Co., Ltd.Pakistan KSE-100 index rose 0.5% to 111,504.90.This year, the amount of M&A transactions involving listed companies in Hong Kong has reached 38 billion US dollars, which has triggered a rare bidding war. This year is expected to be the busiest year for M&A transactions involving listed companies in Hong Kong in the past decade, with industries ranging from skin care products to logistics real estate, and the bidding war has also warmed up. It is reported that China Mobile's bid for Hongkong Broadband may face competition from American private equity firm I Squared Capital. Bi Hua, chairman of Fenmei Packaging, is negotiating with Qihao Capital to jointly counter the privatization offer of Shandong Xinjufeng. The data shows that the scale of M&A transactions for listed companies in Hong Kong has reached $38 billion this year, the highest level since 2017, including the merger of Guotai Junan Securities and Haitong Securities, a smaller competitor, to become the largest brokerage firm in China.

Indian Rupee's exchange rate against the US dollar fell below 84.86, a record low.Black hand again! The United States will raise import tariffs on solar polysilicon, silicon wafers and some tungsten products in China from the beginning of next year. The Office of the US Trade Representative issued a statement saying that the United States will raise import tariffs on solar polysilicon, silicon wafers and some tungsten products imported from China from the beginning of next year after a four-year review by the Biden administration. The tariff rate of silicon wafer and polysilicon will be increased to 50%, and the tariff rate of some tungsten products will be increased to 25%. These tariff increases will take effect on January 1, 2025. (Cailian)NASA: Navigation failure caused the mission of the "Wit" Mars helicopter to end. NASA said on December 11 that the investigation and evaluation of the "Wit" Mars helicopter showed that the navigation system failure was the cause of the rotor damage and the end of the mission during its landing. The "Wit" helicopter landed on Mars with the American "Perseverance" rover on February 18th, 2021. It weighs about 1.8 kilograms, has four rotors, and is powered by solar panels for lithium batteries. On April 19th of the same year, Wit completed its first flight on Mars. On January 18th this year, Wit made its 72nd and last flight to Mars. Because its rotor blades were damaged during the landing, it could not fly again, and NASA announced the end of its mission. On the 11th, NASA announced the investigation results of the last flight of Wit. The evaluation shows that the navigation system of "Wit" can't provide accurate data during its flight, causing a series of failures, leading to the end of its mission. (Xinhua News Agency)