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Zhang Liling, Assistant Managing Director (Economic Research) of the Hong Kong Monetary Authority, will leave in May next year. On December 13th, the Hong Kong Monetary Authority announced that Ms. Zhang Liling, Assistant Managing Director (Economic Research), has resigned for personal reasons and will leave in May 2025. The Hong Kong Monetary Authority will arrange an open recruitment for the post of Assistant President (Economic Research), and will make a separate announcement after the recruitment process is completed.Zhaowei, Shenwan Hongyuan Securities: Macroeconomic policies pay more attention to cooperation with key areas such as stable employment and scientific and technological innovation. zhaowei, chief economist of Shenwan Hongyuan Securities, said that in terms of macroeconomic regulation and control, this meeting continued the tone of Politburo meeting of the Chinese Communist Party in December, emphasizing "being more active and promising" and "improving the overall effectiveness of policies". The meeting mentioned "strengthening the coordination of fiscal, monetary, employment, industrial, regional, trade, environmental protection, supervision and other policies and reform and opening-up measures", on the one hand pointing to the follow-up fiscal and monetary policies or strengthening coordination and supporting steady growth; On the other hand, it points to "forming synergy" among multiple departments, and macro policies pay more attention to cooperation with key areas such as stable employment and scientific and technological innovation. (CSI Taurus)By the end of November, more than 1,400 enterprises in Shenzhen had participated in the pilot of high-level opening of cross-border trade and investment. The reporter learned from the People's Bank of Shenzhen that since the pilot of high-level opening of cross-border trade and investment was launched in Shenzhen, by the end of November, more than 1,400 enterprises in Shenzhen had participated in the pilot, with a business scale exceeding 90 billion US dollars. Among them, the newly registered amount and actual inflow of foreign debts of Shenzhen enterprises increased by 2.6 times and 3.1 times respectively year-on-year, which became another "facilitation" channel to attract and utilize long-term foreign investment.

In the first three quarters, China's total cargo transportation was 41.63 billion tons, up 2.3% year-on-year. The China Federation of Logistics and Purchasing released the China Road Freight Development Report (2023-2024) today (13th). According to the report, due to the adjustment of transportation structure, although the proportion of road transportation in China has declined, it is still the main body of the freight market, and road freight has maintained steady growth. According to the report, in the first three quarters of this year, China's total cargo transportation was 41.63 billion tons, up 2.3% year-on-year. From the perspective of freight structure, the proportion of freight undertaken by railway and waterway transportation has increased, while the proportion of road transportation has decreased. In the first three quarters, the volume of road freight transport was 30.66 billion tons, up 3.1% year-on-year, accounting for more than 73%. Road transport is still the main body of the freight market. (CCTV News)Market news: South Korean prosecutors approved the postponement of the execution of the ruling request of Cao Guo, the leader of the opposition motherland reform party.Huang Hongfei, former CFO of McDonald's China, joined the company? Bawang Chaji: No response. Recently, it was reported in the market that Huang Hongfei, the former CFO of McDonald's China, recently left his post and joined Bawang Chaji after a short break. In response to this news, Bawang Chaji said that he would not respond. According to public information, Huang Hongfei joined McDonald's around 1995 and played an important role in the financial and strategic planning of McDonald's China. He was one of the key figures who witnessed the development of McDonald's China. (SSE)

HKEx: HSBC repurchased 527,200 shares for HK$ 39.4 million on December 12.BOC International: Reiterating that China Telecom is the first choice for the "buy" rating of Chinese telecom stocks, BOC International published a research report that the contribution of cloud services to revenue and profit continues to promote the growth of Chinese telecom operators, and cloud and artificial intelligence services are becoming the only sustainable driving force for Chinese telecom operators' revenue and EBITDA. China Telecom and China Unicom have recorded steady growth in profit margin of EBITDA in two quarters this year. With the development of state-owned enterprises and local governments, the bank expects to support the development of end-to-end proprietary cloud infrastructure services for telecom operators for a long time to improve security and regulatory requirements, and at the same time, Chinese telecom stocks can provide attractive valuation and dividend returns to support their long-term performance. Therefore, it reiterates its "buy" rating for Chinese telecom stocks, with China Telecom as the first choice, followed by China Unicom and China Mobile.Beijing Daxing Airport opened direct flights to Sydney and Melbourne for the first time. At 1: 10am on December 13th, China Southern Airlines flight CZ5025 took off from Beijing Daxing International Airport for Sydney, Australia, which was the first direct flight from Beijing Daxing Airport to Australia. On the 14th, China Southern Airlines will also fly the Daxing-Melbourne route in Beijing. (CCTV News)