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Samsung Electronics will hold its 2025 strategy meeting next week. Yonhap News Agency quoted unnamed industry sources as saying that Samsung Electronics will hold its 2025 global strategy meeting next week. The electronic products business meeting is scheduled to be held on Tuesday and Wednesday, while the semiconductor department meeting will be held on Thursday. The main agenda items include the upcoming Galaxy S25 smartphone. Lee Jae-yong, the company's executive chairman, is not expected to attend these meetings.Yamato: Raising the target price of IWC to HK$ 20 has a more positive view on next year's revenue growth. Yamato published a report that under the strong demand from Malaysia, the bank has a more positive view on IWC's revenue growth next year. In addition, the bank believes that the external financing of operating GDSI, a data center outside the mainland, will release shareholder value. However, as GDSI will be separated from IWC's consolidated statements in the fourth quarter of this year, the bank believes that IWC's short-term re-evaluation will still mainly depend on its mainland business performance, so it still maintains a wait-and-see attitude. The bank maintained its "hold" rating on IWC, and its target price was raised from HK$ 8.6 to HK$ 20. Considering the increase in capital expenditure of IWC from 2025 to 2026, the bank raised its revenue forecast for this year and next by 5% to 24%, mainly due to the strong demand in the international market driven by short video platforms. In addition, in view of the fact that the company raised its capital expenditure guideline from 6.5 billion yuan to 11 billion yuan this year, the bank raised its capital expenditure forecast from 6.7 billion yuan to 11 billion yuan in 2024 and from 3.5 billion yuan to 10.5 billion yuan in 2025. In addition, the bank will raise the adjusted EBITDA forecast of IWC this year and next by 4% to 13% to consider the EBITDA contribution of its overseas business; It is estimated that the total revenue will increase by 15% this year (10% compared with the previous forecast) and 33% next year (15% compared with the previous forecast). The adjusted EBITDA is expected to increase by 11% and 25% this year and next (8% and 15% compared with the previous forecast).The 10-year main contract of treasury bond futures rose in the afternoon, hitting a record high. The 10-year main contract of treasury bond futures rose in the afternoon and now rose by 0.17% to 108.335 yuan, hitting a record high. In addition, the 30-year main contract rose by 0.27%, the 5-year main contract rose by 0.07%, and the 2-year main contract rose by 0.03%.

Increase to 6 flights per week. The Shanghai-Riyadh route of China Eastern Airlines will be encrypted soon. It was learned from China Eastern Airlines on December 12 that recently, China Eastern Airlines announced that it will encrypt the direct flight route from Shanghai to Riyadh from 3 flights per week to 6 flights per week from February 21, 2025.Minister of Finance Lan Foan attended and delivered a speech at the launching ceremony of the China-World Bank Group Global Ecosystem and Transformation Center. On December 8, the Ministry of Finance and the World Bank jointly held the launching ceremony of the China-World Bank Group Global Ecosystem and Transformation Center (hereinafter referred to as the Global Center). Lan Foan, Minister of Finance, delivered an opening speech with Peng Anjie, President of the World Bank, and signed a memorandum on the Global Center and an agreement on the renewal of the China-World Bank Group Partnership Fund. Liao Minyi, Vice Minister of Finance, and Philo, Vice President of the East Asia and Pacific Region of the World Bank, made closing remarks. More than 100 Chinese and foreign representatives from more than 20 embassies and international organizations in China, as well as relevant domestic departments and research institutions attended the event. Lan Foan emphasized that in the past decade, the central government has invested nearly 6 trillion yuan to fully guarantee the construction of beautiful China. The "gold content" of China's ecological environment has improved significantly, and the "green content" of its development has increased significantly. At the same time, China has assumed the responsibility of a big country, demonstrated its role as a big country, and achieved a major transformation from a participant to a leader in global environmental governance. China is willing to take the global center as a bridge, share China's experience in ecological protection and development, and embark on the road of green transformation together with other countries.New Zealand plans to modify the "golden visa" to attract wealthy immigrants, and the New Zealand government is planning to modify its so-called "golden visa" program to attract more wealthy immigrants to invest in New Zealand. The active investor PLUS visa has always attracted the rich to New Zealand, bringing an average of NZ $1 billion (US$ 580 million) to New Zealand every year, but it has been sluggish since the rules changed in 2022. According to the data of Immigration New Zealand, in the past two years, only 35 applications were fully approved, equivalent to NZ $352 million in investment funds. In an interview in Wellington on Thursday, Finance Minister Nicola Willis said, "We realized that the previous government changed these settings, and we saw a significant drop in the number of investors. You can expect to see our announcement in this regard in the next few weeks. "

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.It is reported that NVIDIA has increased its recruitment in China, and it is expected to add 1,000 employees this year. According to people familiar with the matter, NVIDIA has increased its recruitment in China this year to enhance its research ability and focus on new autonomous driving technology. According to sources, the company is expected to have about 4,000 employees in China by the end of this year, compared with about 3,000 at the beginning of this year. As a key part of the expansion, NVIDIA added about 200 employees in Beijing to strengthen a research team engaged in autonomous driving research. One person familiar with the matter said that the company has also expanded its after-sales service and network software development team.Turkey imposes additional tax on Iranian flat glass imports.