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The opposition party in South Korea said that Yin Xiyue was insane. On the morning of December 12, local time, South Korean President Yin Xiyue made another televised speech, refused to step down early, and denied that martial law was a crime of civil strife. After Yin Xiyue's speech, public opinion in South Korea immediately criticized him. South Korea's largest opposition party, the Common Democratic Party, said that Yin Xiyue was mentally ill and called on the South Korean National Assembly to pass the impeachment case. After Yin Xiyue's speech, Han Dongxun, the representative of the ruling party in South Korea, also said that Yin Xiyue's speech had no introspection and was rationalizing his behavior. Some commentators pointed out that Yin Xiyue may have expected that he could not prevent the National Assembly from passing the impeachment case and was trying to influence the final ruling of the Constitutional Court. I am afraid that the chaos in Korean politics will continue.Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board. On the afternoon of December 9, 2024, Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board, and his party by appointment. The two sides had an in-depth exchange of views on the work of the Financial Stability Board, the financial stability situation in China and the economic and financial policies of major economies. (Ministry of Finance website)The passenger throughput of airports in Shanxi Province exceeded 20 million passengers. The reporter learned from Shanxi Aviation Industry Group Co., Ltd. on the 12th that as of December 10th, the passenger throughput of airports in Shanxi Province exceeded 20 million passengers, 14 days earlier than that in 2019, realizing a new leap-forward development. (China News Network)

Li Bin: Fang Hongbo, chairman of Midea, will be the chief experience officer of Weilai ET9 and will test drive together. Li Bin, founder, chairman and CEO of Weilai, announced that Weibo said that Fang Hongbo, chairman of Midea, will be the chief experience officer of Weilai ET9 and test drive this upcoming administrative flagship together. Li Bin said that he asked Fang Hongbo three questions, and Fang Hongbo's answer about market competition was very good: "Actively participate in involution, compare cost and efficiency, and at the same time bravely jump out of involution, don't roll on the floor, and pierce the ceiling." (Sina Technology)Citigroup slightly lowered South Korea's GDP growth forecast to 1.5% next year. It is expected that the Bank of Korea will cut interest rates next month. Citigroup released a report saying that considering the worse economic sentiment in South Korea this month, it slightly lowered its GDP forecast for this year and next year by 0.1 percentage point to 2.1% and 1.5% respectively. The bank slightly lowered Korea's GDP growth forecast for the last quarter of this year by 0.1 percentage point to rise by 0.3% quarterly, and raised its GDP growth forecast for the first quarter of next year by 0.1 percentage point to rise by 0.6% quarterly. Looking forward to the first quarter of next year, the bank expects South Korea to adopt a combination of expansionary policies, including the Bank of Korea's expected interest rate cut to 2.75% in mid-January, and the government's expected additional budget of 30 trillion won (equivalent to about 1.1% of GDP next year). It is expected that the Bank of Korea will cut interest rates by 25BP each in January, April, July and October next year, and the final interest rate is expected to be 2%.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.

The word "Jin" was elected as the Japanese Chinese character of the year in 2024. According to NHK, on the afternoon of December 12, local time, Kiyomizu Temple in Kyoto, Japan announced the word "Jin" as the Japanese Chinese character of the year in 2024. According to the report, this year's word "gold" has two meanings. One is that athletes such as Japanese Olympic athletes have performed well and issued a shining "golden light"; The second is the political black gold problem in Japanese politics and frequent robberies caused by underground part-time jobs, because the pronunciation of "gold" in Japanese, like the word "shadow", also implies the meaning of "shadow". (China News Network)India's NIFTY 50 index fell, with the latest drop of 0.1%.The word "Jin" was elected as the Japanese Chinese character of the year in 2024. According to NHK, on the afternoon of December 12, local time, Kiyomizu Temple in Kyoto, Japan announced the word "Jin" as the Japanese Chinese character of the year in 2024. According to the report, this year's word "gold" has two meanings. One is that athletes such as Japanese Olympic athletes have performed well and issued a shining "golden light"; The second is the political black gold problem in Japanese politics and frequent robberies caused by underground part-time jobs, because the pronunciation of "gold" in Japanese, like the word "shadow", also implies the meaning of "shadow". (China News Network)