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Afternoon comments on Hong Kong stocks: Hang Seng Index rose by 1.72%, Hang Seng Technology Index rose by 2.55%, Hong Kong stocks closed at noon, Hang Seng Index rose by 1.72% and Hang Seng Technology Index rose by 2.55%. Chinese brokerage stocks and consumer stocks were among the top gainers, with China Merchants Securities, Mengniu Dairy and Tongcheng Travel up over 7% and over 5% respectively.Behind the cheers of the shooting of American medical insurance executives: blood-sucking insurance companies and the new threat of "ghost guns", the suspect who shot and killed a senior executive of an American medical insurance company in the streets of new york City was arrested on the 9th. Police said on the 11th that a number of evidences have confirmed the criminal facts of suspect Luigi Man Ghione. After the shooting, the American public's anger against medical insurance companies broke out on the Internet, and the "ghost gun" 3D printed pistol used by the suspect also showed that the problem of gun proliferation in the United States became increasingly difficult to solve. Agence France-Presse reported that since Thompson was shot, the voice of ridicule and satire has flooded the Internet, and the lack of sympathy has become the mainstream sentiment of the public, which reflects the dissatisfaction and anger of Americans towards the medical system. (CCTV)The transition period of yellow-card electric bicycles in Zhengzhou was extended for another two years. On December 12th, the reporter learned that Zhengzhou Public Security Bureau, Zhengzhou Bureau of Industry and Information Technology and Zhengzhou Municipal Market Supervision Administration jointly issued a notice, and after research, it was decided to extend the transition period of yellow-card electric bicycles (the temporary anti-theft record number with black letters on yellow background) after the expiry date of December 31st, 2024. According to the circular, in order to strengthen the management of electric bicycles, combined with the actual situation in Zhengzhou and the needs of the masses, it was decided through research that the transition period of yellow-card electric bicycles (the temporary anti-theft record number with black letters on the yellow background) will be extended from January 1, 2025 to December 31, 2026. (Dahe Daily)

China galaxy International lowered the target price of Yanghe shares from RMB 88.00 to RMB 84.00.Citigroup: Pinduoduo, which operates retail platform Temu, is likely to continue to face short-term disadvantages. Maintain the neutral rating of ADR in Pinduoduo and set the target price of ADR in Pinduoduo at $125.00. Note: The latest ADR report in Pinduoduo is $103.42.Korean media: South Korea's ruling party has added another person to support the impeachment of Yin Xiyue, and the number of members in favor has now increased to six. According to the latest news in Yonhap News Agency, Zhongwu Qin, a member of parliament of South Korea's ruling National Power Party, said on the 12th that he would vote for the impeachment of the president on the 14th. Yonhap News Agency said that so far, the number of members of the ruling party who have publicly expressed their support for the impeachment of President Yin Xiyue has increased to six.

South Korea's former defense chief Jin Longxian's confidential mobile phone was detained by the police and the Ministry of National Defense. On the 12th local time, it was learned that the South Korean police and the Ministry of National Defense detained the confidential mobile phone of former defense chief Jin Longxian. (CCTV News)Shanghai Minhang issued 50 opinions to promote high-quality industrial development and strengthen high-quality financial empowerment. The Minhang District People's Government of Shanghai issued the Policy Opinions on High-quality Industrial Development in Minhang District (Trial) on December 12, aiming at improving the basic industrial capacity and the modernization level of industrial chain, accelerating the concentration of various advanced production factors to the development of new-quality productive forces, and promoting the high-quality industrial development in Minhang District. The opinion proposes to strengthen the empowerment of high-quality finance, form a 30 billion yuan "special loan for high-quality development of enterprises in Minhang District", give preferential interest rates to loans, and give subsidies according to a certain proportion of loan interest. Form a credit line of 20 billion yuan "Minhang District Special Loan for Supporting New Infrastructure Construction" to give gradient support to various fixed assets projects.Lan Foan met with World Trade Organization Director-General Ivira. On December 9, 2024, Minister Lan Foan met with World Trade Organization Director-General Ivira in Beijing. The two sides exchanged views on enhancing the transparency of subsidy policy, supporting the operation of global trust funds and maintaining the multilateral trading system.