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Liquor stocks fluctuated and rebounded at the daily limit of Huangtai liquor industry, while liquor stocks fluctuated and rebounded at the daily limit of Huangtai liquor industry. Rock shares, gold seed wine, Yingjia tribute wine, Laobaigan wine, Jinhui wine, Shede wine industry and so on followed up.Tan Hai, former director of the referee management department of the Chinese Football Association, was sentenced to six and a half years' imprisonment. On the morning of December 11th, 2024, the People's Court of Shishou City, Hubei Province publicly pronounced the case of Tan Hai, former director of the referee management department of the Chinese Football Association, accepting bribes, and sentenced the defendant Tan Hai to six years and six months' imprisonment and fined RMB 200,000. The property obtained by taking bribes shall be recovered according to law and turned over to the state treasury.VESYNC suspended trading in Hong Kong.

Guojin Securities: There is a certain room for the valuation of brokers to rise, focusing on two main lines. Guojin Securities said that looking forward to 2025, liquidity is expected to be further relaxed, market stability will be improved, and a solid market bottom will be built. The improvement of economic fundamentals will be confirmed, and the stock market is expected to go further, which will benefit the valuation and performance of brokerage sectors. Under the background of previous liquidity easing, the valuation of securities firms has expanded to above 1.9X, and the current valuation of securities firms is 1.6X, which has a certain room for growth on the whole. Pay attention to the main line of strong beta business and the main line of mergers and acquisitions.Trump announced a number of latest nominations, including the Deputy Secretary of State. On December 10, local time, US President-elect Trump announced a number of latest nominations on his social media platform. Trump announced the nomination of Ed Martin as the next chief of staff of the White House Office of Management and Budget, Dan Bishop, a congressman from North Carolina, as the deputy director of the budget of the White House Office of Management and Budget, and Jacob Helberg as the next deputy secretary of state responsible for economic growth, energy and environment. Nominate Mark Meador as a member of the US Federal Trade Commission, Kimberly Guilfoyle as the next US ambassador to Greece, and Tom Barrack as the next US ambassador to Turkey.The concept of reducer went down in early trading, and Shandong Mining Machine and Shanzi Hi-Tech fell, while Shandong Mining Machine and Shanzi Hi-Tech fell, and Qinghai Huading, Landay Technology, Nifa Seiki and Wuzhou New Year followed suit.

VESYNC suspended trading in Hong Kong.Yongtai energy ranked first in the exposure of leveraged capital stocks. On the last trading day (December 10th), a total of 2,076 stocks were bought by financing, and 28 stocks had a net purchase amount of more than 100 million yuan. Oriental Fortune ranked first in the net purchase of financing, with a net purchase of 388 million yuan; The top net purchases of financing were Zhongji Xuchuang, Iflytek and Wanxing Technology, with net purchases of 316 million yuan, 297 million yuan and 265 million yuan respectively. Sellers, Luxshare and Gree Electric were among the top sellers, with the amounts of 369 million yuan, 207 million yuan and 181 million yuan respectively.Biden's last speech on the economy warned Trump that "trickle-down economics" was making a comeback. US President Biden publicized his economic achievements in a speech at the Brookings Institution in Washington on Tuesday, and warned Trump to repeat the Republican "trickle-down economics" during his second term. This may be his last speech on the economy during his tenure. Biden said in his speech that he promoted investment in infrastructure, manufacturing and neglected communities, avoided a bigger economic crisis and laid the foundation for sustained economic growth. "The new government will take over a fairly strong economy, and most economists agree with this view," Biden said. "I deeply hope that the new government can maintain and carry forward such progress. Biden proudly said that after decades of trickle-down economics, which gave priority to the wealthy Americans, his government adopted a new approach. At present, the economy is growing from the inside out and from the bottom up, benefiting the middle class. He admitted that American workers still suffer from inflation and high housing prices. Biden stressed that during his tenure, he created 16 million jobs, the highest in a single presidency, the lowest average unemployment rate in all previous governments in the past 50 years, and the smallest racial gap between the rich and the poor in the past 20 years. Biden warned Trump to provide more tax cuts for the rich and enterprises during his second term, and said that Trump's commitment to impose tariffs on overseas goods may make a "big mistake". He also said that he thought Trump would be in trouble if he stopped the investments he made during his administration, because these investments benefited many Republican and Democratic-led states.