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Joy City's daily limit The fourth Joy City in Beijing is about to open, and Joy City (000031.SZ) has raised its daily limit to a new high price in 4 yuan for 15 months, with a total market value of 17.1 billion yuan. According to the news, Haidian Joy City, the fourth Joy City in Beijing, will open on December 21st. At present, the second installation of many brands has come to an end, and the merchants in the venue have entered intensive preparations for opening.Outlook of Consumer Industry of Minyin Securities in 2025: The expansion of domestic demand grasps the opportunity of differentiation and change. Minyin Securities released a report on the outlook of consumer industry in 2025, saying that consumer demand is generally weak in 2024, and price factors also restrict growth. Looking forward to China's consumer industry in 2025: (1) Consumption plays a leading role and expanding domestic demand is in a more priority position. The variety and scale of trade-in of consumer goods are expected to continue to expand, and local governments will also introduce new policies to promote consumption in light of local conditions. (2) Rational consumption is more differentiated, and consumers pay for quality-price ratio and spiritual experience. The performance of Tou International Consumer Goods Company in China is also characterized by differentiation. Most of them recognize the long-term value of the China market. Despite short-term challenges, they plan to focus on strengthening localization and continue to invest in the China market. (3) When Trump comes to power, consumption will face greater challenges, and it will require higher global supply chain integration ability, diversified layout and localization ability. It is suggested to grasp the main line of domestic demand expansion, including dairy products with expected improvement at the bottom, outdoor sectors with high prosperity and tidal play sectors. If the demand recovers as scheduled, the catering/sports shoes and clothing/chain retail industry in a period of change will be flexible. In terms of export chain, it is necessary to observe whether the risk of trade friction is fully priced. In the medium term, the overseas market is vast, and the key to success is the added value and bargaining power of products, the matching degree between overseas demand and overseas supply chain, and the global diversified layout.Russia asked Ukraine to open a humanitarian passage in the Ukrainian-occupied area of Kursk. According to the Tass news agency, Russian Commissioner for Human Rights mosca Likova said in Minsk, the capital of Belarus, on the 12th that Russia had asked Ukraine to open a humanitarian passage for the civilians in the Ukrainian-occupied area of Kursk to evacuate to a safe area. Mosca Likova said that there are about 1,500 to 2,000 civilians in Uzhan District of Kursk State, who usually take refuge in destroyed houses or basements of houses.

This year, the domestic game market sales revenue and game users have reached record highs. At the 2024 China Game Industry Annual Conference, Zhang Yijun, the first vice chairman of China Audio-visual and Digital Publishing Association and chairman of the Game Working Committee, released the 2024 China Game Industry Report. According to the report, in 2024, the actual sales revenue of the domestic game market was 325.783 billion yuan, a year-on-year increase of 7.53%, reaching a new high; There are 674 million domestic game users, up 0.94% year-on-year, which is also a new high point in history. In 2024, the actual sales revenue of China's self-developed games in overseas markets was 18.557 billion US dollars, up 13.39% year-on-year, and its scale has exceeded 100 billion yuan for five consecutive years, reaching a new high. (The Paper)German authorities predict that the German economy will stagnate in 2025. On the 12th, local time, Kiel Institute for World Economics, one of the authoritative German economic research institutes, released a winter forecast, predicting that the German GDP will stagnate in 2025, neither increasing nor decreasing, which is 0.5% lower than the previous autumn forecast. Germany's GDP will shrink by 0.2% in 2024, compared with the previous autumn forecast of 0.1%. The agency believes that Germany's potential signs of weak economic growth are emerging, not only facing the foreseeable impact of the US tariff increase, but also the domestic industrial crisis is intensifying. (CCTV Finance)South Korea's KOSPI index erased all the declines since the martial law storm.

Zhongkong Technology won the bid for the whole plant control system project of Rong Sheng New Materials and held a kick-off meeting. Recently, Zhongkong Technology successfully won the bid for the whole plant control system framework project of Jintang New Materials Project of Rong Sheng New Materials (Zhoushan) Co., Ltd. (hereinafter referred to as "Jintang New Materials Project") and held a kick-off meeting in Zhongkong Science Park. The project is expected to deploy 360,000-point I/O DCS system, 15,000-point SIS system and 10,000-point GDS system. At the same time, a number of new products and technologies that occupy the forefront of the industry, such as UCS products of central control technology, SmartEIO, million-point real-time database and calorific value analysis, will also be applied on a large scale in this project, helping Jintang new materials to build a world-leading intelligent factory.LI self-developed high-toughness stainless steel rolled off the assembly line. According to LI official WeChat official account news, on December 12th, LI's first high-toughness stainless steel coil rolled off the assembly line in Qingtuo Group. Compared with traditional stainless steel, the strength of the self-developed stainless steel is improved by 46%, and the stress corrosion resistance is significantly improved. LI L series adopts high-pressure stainless steel fuel tanks. The application of this material in high-pressure fuel tanks can greatly improve the safety performance of fuel tanks under extreme working conditions. The off-line production of this material also indicates that LI has the ability of independent formula development and parts design in the field of high-toughness stainless steel.Technology giants have shown that Amazon and Meta each donated $1 million to Trump's inauguration fund. An Amazon spokesperson said that the company will donate $1 million to the inauguration fund of US President-elect Donald Trump. American technology companies hope to establish a positive relationship with the government, and Meta Platforms Inc has previously donated funds for inauguration activities. Trump said on Thursday that he will also meet with Amazon founder Jeff Bezos, highlighting his contacts with technology giants. Trump said in an interview that Bezos will come next week. An Amazon spokesperson said on Thursday that in addition to direct donations, Amazon will also broadcast the inauguration ceremony live. Amazon said that these donations are corporate activities and are not funded by Bezos. Trump said on Thursday that Zuckerberg, the founder of Facebook, also met with him and mentioned his friendship with elon musk, the founder of Tesla and SpaceX. Meta, which owns Facebook and Instagram, also donated $1 million to Trump's inauguration fund. "I want to hear ideas from them," Trump said of business leaders. "We hope they can do well."