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JPMorgan Chase: The momentum of Xiaomi's electric vehicle will continue to be rated as "overweight". According to a research report published by JPMorgan Chase, Xiaomi Group announced that it will launch the second electric vehicle named Xiaomi Yuqi in the middle of next year, which is an SUV model. The product portfolio of electric vehicle business continues to expand, reflecting that the Group's ability to enter the electric vehicle market is better than market expectations. The delivery target of Xiaomi SU7, the first electric vehicle, has also been raised twice, and the gross profit margin of electric vehicle business has reached a medium-high level in the first two quarters, far exceeding the initial market expectation and only recorded a slight gross profit margin. Motong said that at present, we are waiting for the Group to announce more details about the new car's life, pricing and battery. We believe that the strong sales momentum of SU7, the profitability of the Group's core business and electric vehicle business, and the expectation that new models will be launched in the second half of next year will continue to promote the stock price in the next 6 to 12 months. The positive catalysts in the future include more details or pricing of YU7, further expansion of electric vehicle production capacity, exceeding expectations in core business performance, and large-scale and national consumption stimulus measures introduced by the country in the future.The Taiwan Affairs Office of the State Council refuted the MAC's measures to smear Fujian's cross-strait integration and benefit Taiwan. Zhu Fenglian, spokesman of the Taiwan Affairs Office, said: Our policy measures to support Fujian's construction of a demonstration zone for cross-strait integration and development are to provide the greatest convenience, the best conditions and the strongest guarantee for Taiwan compatriots to study, work and live in Fujian, which fully demonstrates our goodwill for the benefit of compatriots on both sides of the strait and our sincerity in promoting the peaceful development and integration of cross-strait relations, and have been widely praised by compatriots on both sides of the strait. The Democratic Progressive Party authorities have smeared this and tried to prevent Taiwan compatriots and enterprises from participating in the construction of a demonstration zone for cross-strait integration and development, which is entirely due to the "Taiwan independence" nature.South Korea's National Assembly launched the power of investigation of state affairs to investigate martial law incidents. South Korea's National Assembly Speaker Yu Yuanzhi announced today (December 11) that it will launch the power of investigation of state affairs to investigate emergency martial law incidents. (CCTV International News)

The Taiwan Affairs Office of the State Council introduced the annual meeting of the 2024 Cross-Strait Entrepreneur Summit. Zhu Fenglian, a spokesperson for the Taiwan Affairs Office, said that the 2024 Cross-Strait Entrepreneur Summit was successfully held in Xiamen, Fujian from December 9 to 10. More than 700 business people from both sides of the Taiwan Strait attended the annual summit. Focusing on the theme of "Building a new era industrial chain across the Taiwan Strait to promote cross-strait economic integration and development", they conducted in-depth discussions on issues such as promoting cross-strait industrial Internet innovation, building Taiwanese enterprises to land in their first homes, and innovating cross-strait financial service systems. The exchange atmosphere was warm, which fully demonstrated the common aspiration of cross-strait industries to strengthen exchanges and cooperation. (Riyue Tan Tian)In response to the US request for TSMC's advanced manufacturing process to be moved to the United States, Taiwan Affairs Office spokeswoman Zhu Fenglian said: TSMC has become a "warlords" for the Democratic Progressive Party authorities to please the United States. As the public opinion on the island has said, it is only a matter of time before the Democratic Progressive Party authorities are determined to "rely on the United States for independence" and TSMC becomes a "United States product". If the Democratic Progressive Party authorities are allowed to "sell Taiwan" without a bottom line, the advantages of related industries in Taiwan Province will be weakened, and the interests of enterprises and people on the island will be harmed. When the use value of Taiwan Province is drained, the "chess pieces" will become "abandoned children", and the enterprises and people on the island will see this more and more clearly. It should be pointed out that many Taiwan Province enterprises have developed rapidly by participating in cross-strait cooperation, which fully proves that the right way is for the two sides to work together to expand the Chinese national economy.The Taiwan Affairs Office of the State Council introduced the situation of the 2024 Shanghai-Taipei Twin Cities Forum. The Taiwan Affairs Office held a regular press conference. Spokesperson Zhu Fenglian said that it is understood that the 2024 Shanghai-Taipei Urban Forum will be held in Taipei on December 17, and Shanghai will send a delegation to Taiwan to attend the forum. With the theme of "Smart Governance for a Sustainable Future", the forum will promote the interactive exchanges between the two cities in terms of friendly transportation, river governance and humanistic cities. During the forum, the two cities will also sign a memorandum on exchanges and cooperation. We hope the forum will be successful.

According to the data released by Shanghai Steel Union, the price of battery-grade lithium carbonate (in early trading) was the same as that of the previous day, with an average price of 76,450 yuan/ton.Yonhap News Agency: South Korean Prime Minister Han Dezhu blamed himself for failing to stop martial law.Dongxing Securities: The demand for food and beverage will pick up. Dongxing Securities Research Report pointed out that with the implementation of a series of policies such as expanding domestic demand and stabilizing investment, consumption will gradually stabilize and recover, and the demand for food and beverage will also pick up. In particular, catering consumption will recover with the economic recovery. It is expected that the upstream and downstream consumption of catering will improve, and the overall demand of liquor, condiments, beer and other industries is gradually recovering. Especially in the condiment industry, it is speculated that the whole industry is in destocking after the Mid-Autumn Festival. With the arrival of consumption in the peak season of New Year's Day and Spring Festival, the stocking period in the peak season is expected to start, and it is expected that mainstream condiment enterprises will achieve steady growth in the fourth quarter. At present, the overall valuation of the industry is lower than the historical average valuation, and there is room for repair. Continue to pay attention to liquor, snack food and condiments in the pro-cyclical sector of the food and beverage industry.