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Chief Financial Officer of Citigroup: The credit card default incident did not bring any accidents.Palm oil fell by 2.25% on the 10th, and the latest main contract positions changed as follows. According to the exchange data, as of December 10th, the main contract palm oil closed at 2501, up or down by -2.25%, with a turnover of 1,109,400 lots. The position data showed that the top 20 seats were net, and the difference position was 27,729 lots. Palm oil futures contracts totaled 1,962,100 lots, an increase of 428,300 lots over the previous day. The first 20 seats in the contract held 549,100 lots, a decrease of 43,000 lots from the previous day. The short positions in the top 20 seats of the contract were 475,400 lots, a decrease of 34,500 lots from the previous day. (Sina Futures)Hong Kong held an insurance forum to share the advantages of a global risk management center, and the Hong Kong Insurance Regulatory Authority held the 2024 Asian Insurance Forum at the Hong Kong Convention and Exhibition Center on the 10th. Focusing on "Meeting the Challenges of Global Market Fluctuation", the forum brought together more than 400 professionals from insurance, banking and asset management, regulators, law enforcement agencies and related institutions to share the advantages of Hong Kong as a global risk management center and explore the prospects and challenges of global financial markets. (Xinhua News Agency)

Without the government's approval, the South Korean National Assembly passed the budget reduction bill for next year. On the 10th, the South Korean National Assembly held a plenary meeting and adopted a cut version of the 2025 budget with a total amount of 673.3 trillion won (about 3.41 trillion yuan). According to Yonhap News Agency, this is the first time that the South Korean National Assembly passed the budget without agreement between the ruling party and the opposition party. In the 300-seat parliament, 278 members voted on the budget, 183 were in favor, 94 were against and 1 abstained. The ruling National Power Party and some opposition party members voted against it. This budget is one of the focal points of the recent struggle between the ruling and opposition parties in South Korea and one of the factors inducing the current political chaos. The original budget proposed by the government was 677.4 trillion won, but the largest opposition party, the Common Democratic Party, demanded a reduction of 4.1 trillion won, mainly involving the government reserve fund, the special activity expenses of the presidential secretary's office and the national security office, the special work expenses and special activity expenses of the procuratorate and the supervision institute. (Xinhua News Agency)Speaker of the South Korean National Assembly: Ask the government to draft a supplementary budget for 2025.The United States may cancel the identification of the terrorist organization of the Syrian Sharm el-Liberation Organization. On December 8, local time, an anonymous senior official of the US government told the media that the US government did not rule out the removal of the Syrian Sharm el-Liberation Organization from the list of terrorist organizations recognized by the United States in order to establish closer ties with it. (World Wide Web)

Baodi Mining: Haiyi Investment reduced its shareholding to less than 5%. Baodi Mining announced that Haiyi Investment, a shareholder holding 5%, reduced its shareholding by 100 shares on December 10, 2024 through centralized bidding, and its shareholding ratio was reduced from 5% to 5%, and it was no longer a shareholder holding more than 5%. This change in equity will not lead to changes in the controlling shareholder or actual controller of the company, nor will it affect the corporate governance structure and going concern. Haiyi Investment's reduction plan has not yet been implemented, and the company will continue to pay attention to its progress and fulfill its information disclosure obligations as required.Orient securities gave Yuekang Pharmaceutical Group Co., Ltd. an initial buy rating.Ukraine National Natural Gas Transportation Company: On December 11th, the nominated amount of Russian natural gas at Sudzha border crossing was 42.39 million cubic meters, while on December 10th, it was 42.34 million cubic meters.