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Business community: The melamine market with insufficient demand is mainly weak and volatile. According to the commodity market analysis system of business community, the price of melamine is weak and volatile recently. As of December 11th, the benchmark price of melamine in the business community was 6,412.5 yuan/ton, which was 0.12% lower than 6,420 yuan/ton at the beginning of this month. This week, the overall price of melamine showed a stable trend, although there were small fluctuations, but there was no sharp rise or fall. This week, the production capacity of the melamine industry remained relatively stable, and there was no large-scale increase or decrease in production, which helped to maintain the smooth operation of the market. Some melamine production enterprises may adjust their inventory to cope with the fluctuation of raw material prices, thus stabilizing the market price to some extent. This week, the demand for melamine in downstream industries such as plates and coatings remained stable, and there was no obvious increase or decrease, which supported the melamine market to some extent. In the future, enterprises need to pay close attention to market dynamics and policy changes and formulate reasonable business strategies to deal with potential market risks.Japan's auto trade unions have raised their salary increase targets for the first time in seven years. On Wednesday, the trade unions of major Japanese automakers said that they would seek a monthly salary increase of 12,000 yen (US$ 79.15) or more in next year's spring wage negotiations. This is the first time in seven years that the Japan Automobile Trade Union Federation has put forward the specific goal of labor-capital negotiation. At a news conference, the organization's executives said that the organization decided to resume its actual goal in order to provide guidance for smaller trade unions such as component manufacturers in negotiations. The organization has 12 trade unions, including Toyota Motor Union, with a total of 784,000 employees. According to the report, Rengo, Japan's largest trade union organization with auto trade unions, is seeking to raise wages by at least 5% in 2025, similar to this year's substantial increase.Hong Kong stocks fell, while the Hang Seng Index and Hang Seng Technology Index both fell.

Offcn Education has set up a new company in Hainan with digital technology services. According to the enterprise survey APP, recently, Hainan Offcn Zhiyuan Education Technology Co., Ltd. was established, with Li Delin as the legal representative and a registered capital of 1 million yuan. Its business scope includes: enrollment assistance services; Digital technology services, etc. Enterprise survey shows that the company is indirectly wholly-owned by Zhonggong Education.Trump's son said that the United States will usher in the most pro-cryptocurrency president in history. Eric Trump, the son of US President-elect Donald Trump, said that his father's government will become the most cryptocurrency-friendly government in American history. At the Bitcoin Middle East and North Africa Conference held in the United Arab Emirates on Tuesday, local time, Eric said in his keynote speech: "You will welcome the most pro-cryptocurrency president in American history." He asked the audience to imagine a president who "will not allow Bitcoin and cryptocurrency to be over-regulated and stifled". Eric also revealed that after the riots on Capitol Hill in 2021, cryptocurrency became the economic lifeline of the Trump family. At that time, many banks and companies cut off contact with them, which made them realize the potential of cryptocurrency.Gold prices rose three times in a row, and brands such as Chow Tai Fook and Lao Fengxiang broke through 810 yuan. After a short-term shock, the gold trend became stronger. On December 11th, spot gold hit $2,700 per ounce, hitting a two-week high and rising for three consecutive days. As of press time, COMEX Gold reported $2,737.5 per ounce, up 0.7% in the day. In the domestic gold consumption market, the gold prices of gold brands such as Chow Tai Fook, Lao Fengxiang and Luk Fook Jewelry reached 812 yuan/gram, while the gold prices in Zhou Shengsheng reached 814 yuan/gram. (Dahe Finance Cube)

The Taiwan Affairs Office of the State Council responded to the Mainland Affairs Council's fallacy of "one-handed communication and one-handed intimidation". Zhu Fenglian, spokesman of the Taiwan Affairs Office, said: Democratic Progressive Party authorities' statement is totally confusing. The visiting delegation of teachers and students from mainland universities visited Taiwan for exchange, which was warmly welcomed and well-intentioned by the people of Taiwan Province, fully demonstrating that peace, development, exchange and cooperation are the mainstream public opinions on the island. We will continue to vigorously support and promote cross-strait exchanges and cooperation in various fields to enhance the interests and well-being of people on both sides of the strait. At the same time, we resolutely oppose the "Taiwan independence" separatists' attempts to seek "independence" by linking with external forces and undermining cross-strait relations. Lai Qingde's wanderers visited the Pacific island countries and took the opportunity to "transit" the United States, peddled the "Taiwan independence" proposition under the guise of "democracy", misled the international audience, and attempted to "seek independence by relying on foreign countries" and "seek independence by force". We must counter and punish such provocations. It is hoped that the people of Taiwan Province will recognize the evil intention of the Democratic Progressive Party authorities to stubbornly adhere to the "Taiwan independence" separatist stance, constantly provoke "independence" and raise the hostility between the two sides of the strait, recognize the serious harm of the "Taiwan independence" separatist, resolutely oppose the "Taiwan independence" separatist and foreign interference with us, and earnestly safeguard peace and stability in the Taiwan Strait and their own security and well-being.Shanghai Hongqiao Hub will set up a "short-distance operation mode" for taxis, and internal testing has been carried out. Hongqiao Hub area will refer to the short-distance mode of Pudong Airport, and take the automatic comparison and identification of the system as the basis for identification. Cruise taxis that meet the short-distance conditions can go directly to the pick-up point through the short-distance express dedicated channel. On December 10th, Hongqiao Hub carried out an empty car internal test of "short-distance operation mode".Japan Life Insurance announced that it would spend $8.2 billion to acquire the life insurance company Resolution Life. On December 11th, Japan Life Insurance Mutual announced that it would spend about $8.2 billion to acquire the remaining 77% shares of the life insurance company Resolution Life. The transaction is expected to be completed in the second half of 2025. On the same day, Japan Life announced that it would acquire the remaining 20% shares of MLC Life Insurance from National Bank of Australia (NAB) and integrate MLC with Resolution Life.