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Lee Ka Chiu John: Hong Kong is committed to becoming a leading global risk management center. In a speech at the Asia Insurance Forum 2024 held in Hong Kong on the 10th, Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) said that Hong Kong is committed to becoming a leading global risk management center. Lee Ka Chiu John said that as one of the three largest financial centers in the world, Hong Kong has about 160 authorized insurance companies, including six of the top ten insurance companies in the world. At present, Hong Kong has issued five catastrophe bonds, raising more than 700 million US dollars to resist typhoons, earthquakes and other natural disasters and provide risk mitigation measures for the global joint response to climate change. He stressed that as the region with the highest concentration of insurance companies and the highest insurance density in Asia, Hong Kong is committed to becoming a leading global risk management center. The SAR Government will continue to invite mainland and overseas enterprises in China to set up exclusive self-insurance companies in Hong Kong.Social e-commerce has risen in the United States, and TikTok Black Five has snapped up hundreds of millions of dollars. The sales of social e-commerce in the United States have seen strong growth in this shopping season. With the influx of American consumers into the social e-commerce platform represented by TikTok, the market predicts that the number of American social e-commerce buyers will exceed 100 million this year and bring in more than 70 billion US dollars in sales. Emarketer, a research institute, recently estimated that the sales of social e-commerce in the United States will increase by 26% to 71.6 billion dollars in 2024. According to the company, most social e-commerce sales come from low-priced goods, and emerging platforms such as TikTok have become the main force. Since TikTok Shop was launched in the United States last September, it has become the biggest contributor to the sales growth of social e-commerce. According to the data released by TikTok, on the day of this year's "Black Friday" shopping festival, the single-day sales of TikTok stores exceeded 100 million US dollars, three times that of the same period last year. According to the company, the number of shoppers attracted by TikTok stores during Black Friday and Cyber Monday increased by 165% year-on-year. (CBN)Chinese brokerage stocks in Hong Kong stocks rose, with zhongzhou securities up 7.5%, Shenwan Hongyuan up 6.6%, Everbright Securities up nearly 6%, China Merchants Securities, orient securities and Guangfa Securities up over 5%.

In November, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month. On December 10th, according to china automobile dealers association, in November 2024, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month and 8.12% from the same period last year, with a transaction amount of 114.167 billion yuan. From January to November, 2024, the cumulative transaction volume of used cars was 17,713,900, up 5.74% year-on-year, up 961,600 compared with the same period, and the cumulative transaction amount was 1,165.243 billion yuan.Chinese Stomatological Association: The membership registration channel is temporarily closed. Recently, the media reported the membership of Chinese Stomatological Association. I will attach great importance to it and immediately check the situation and sort out the relevant problems and loopholes. After verification, the membership procedures of ordinary members and junior college members of our Association lack manual verification steps, and the information system is not perfect, and the system fails to effectively review the contents of "personal identity information", "education resume", "work experience", "education background" and "professional title". Relevant comrades from the Ministry of Civil Affairs and the National Health and Wellness Commission interviewed our meeting and put forward rectification requirements. At present, the membership registration channel of our association has been temporarily closed and is being revised; We are conducting a full screening review of the identity and qualifications of registered members. I will apologize for this! We will reflect deeply, draw inferences from others, check for leaks and fill gaps, and ensure that similar situations will not happen again. I sincerely thank the media for their supervision! Chinese Stomatological Association December 2024 (website of Chinese Stomatological Association)Embassy of the China in the Philippines: Remind citizens in China to take precautions against volcanoes and disasters. On December 9, 2024, the Canlaon volcano in Negro Island of the Philippines exploded, and the local government has ordered the evacuation of nearby residents. The relevant departments have raised the volcano warning from level 2 to level 3. The islands in the central Philippines are located in areas with active geological tectonic activities and frequent disasters. China citizens are requested to take precautions against all kinds of natural disasters, understand and master the common sense of safety and self-help. In case of sudden disasters, they should keep calm, keep communication open, make good preparations for storing necessary supplies such as food, water and first aid kits, pay close attention to the early warning information issued by relevant departments in the Philippines, improve safety awareness and avoid going to dangerous areas near Mount Kalaweng.

The three major stock indexes opened higher, with the Shanghai Composite Index up 2.58%, the Shenzhen Component Index up 3.66% and the Growth Enterprise Market up 4.88%.Director of Russian Foreign Intelligence Agency: Russia is close to achieving the goal of special military action against Ukraine. According to a report by Russian Tass news agency and satellite news agency on December 10th, naresh King, director of Russian Foreign Intelligence Agency, said that Russia is close to achieving the goal of special military action against Ukraine, while the Ukrainian army is on the verge of collapse. (World Wide Web)Morgan Stanley raised the Tesla target price from $310.00 to $400.00.