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The chairman of Japan's trade union called on the government to speed up its efforts to raise wages, and the chairman of Japan's Metal Workers' Union urged the government to speed up the pace of wage increase, while expressing concern about the premature tightening measures taken by the Bank of Japan. Akihiro Kaneko, president of the Board of Directors of the Japan Metal Workers' Union, said that we need to see the situation improve this year when talking about the government's measures to help small and medium-sized enterprises pass on costs to consumers through the supply chain. If we put off this effort for five or ten years, there will never be any improvement. Kaneko's remarks come as Japan prepares for annual wage negotiations, which will culminate this spring. In next year's negotiations, the union announced a record target of a monthly salary increase of 12,000 yen (US$ 79) or more. Kaneko said that we need to send a clear message that our salary increase target (this year) is higher.The seminar on the listing, cultivation and market of 2024 magnesium futures was held. According to the news of China Nonferrous Metals Industry Association Magnesium Branch, on December 10th, the seminar on the listing, cultivation and market of 2024 magnesium futures was successfully held in Yuncheng City, Shanxi Province. During the meeting, the leaders of major domestic magnesium smelting enterprises held a symposium, made an in-depth analysis of the current supply and demand of raw magnesium market, and put forward countermeasures. The meeting unanimously agreed to take three measures: first, magnesium smelting enterprises jointly reduce production to make the supply and demand reasonably match; Second, Yulin Magnesium Group continued to collect and store, alleviating the financial pressure on producers; The third is to explore the guiding price mechanism linked to aluminum, and establish a quotation and trading platform for raw magnesium as soon as possible to standardize market behavior. The above measures aim to restore the magnesium price to a reasonable price as soon as possible and keep it relatively stable for a long time, so that all links in the upstream and downstream of the industrial chain can obtain reasonable profits, dispel market doubts, stabilize market expectations, expand the industrial scale and boost the high-quality development of the industry.The decline of treasury bonds futures narrowed in the afternoon, with the 30-year main contract falling by 0.05%, the 10-year main contract falling by 0.06%, the 5-year main contract falling by 0.08% and the 2-year main contract falling by 0.04%.

Huaxi Securities: Maintain the "Buy" rating of Hagrid Communication, and be optimistic about the forward-looking layout of satellite Internet and low-altitude economy. Huaxi Securities Research Report pointed out that Hagrid Communication (002465.SZ) selected China Mobile's "R&D service procurement project for integrated terminal chips in 2024-2025", with an estimated contract amount of 31.06 million yuan. The selection in the development and procurement of Beidou Tongdao Fusion Chip once again proves that the company and China Mobile have carried out business cooperation and strategic coordination in many fields, including Beidou+industry application development, coordinated development of air and space integration, low-altitude infrastructure construction, integrated construction of vehicles and Lu Yun, and comprehensive operation and maintenance business development. It is believed that the strategic cooperation of operators will continue to deepen, which is expected to help Beidou and satellite Internet business upgrade and enhance the company's related resource endowment. As one of the leading Beidou manufacturers, the company is optimistic about the forward-looking layout of satellite Internet and low-altitude economy, and maintains a "buy" rating.The global layout will further promote Sannuo Bio-CGM products to enter the European market. Recently, Sannuo Bio-CGM has reached a strategic cooperation with A.Menarini Diagnostics, a leading European medical diagnosis company, and signed an exclusive distribution agreement. The continuous glucose monitoring (CGM) products of Sannuo Bio will be launched in the European market in the form of joint brands of both parties. Sannuo Bio authorized A.Menarini Diagnostics to exclusively sell its CGM products in more than 20 countries and regions in Europe. In the future, the latter will vigorously promote the access, promotion and sales of Sannuo Bio CGM products in the European medical insurance market. Sannuo Bio has been actively deploying its internationalization strategy since its listing, and its iCan CGM is the first continuous glucose monitoring product certified by CE MDR in China. At present, Europe is the second largest market for CGM. In this cooperation, the two sides signed an exclusive distribution contract with considerable volume, which is expected to greatly accelerate the penetration and coverage of Sannuo Bio-CGM products in the European market.Huaxi Securities: Maintain the "Buy" rating of Hagrid Communication, and be optimistic about the forward-looking layout of satellite Internet and low-altitude economy. Huaxi Securities Research Report pointed out that Hagrid Communication (002465.SZ) selected China Mobile's "R&D service procurement project for integrated terminal chips in 2024-2025", with an estimated contract amount of 31.06 million yuan. The selection in the development and procurement of Beidou Tongdao Fusion Chip once again proves that the company and China Mobile have carried out business cooperation and strategic coordination in many fields, including Beidou+industry application development, coordinated development of air and space integration, low-altitude infrastructure construction, integrated construction of vehicles and Lu Yun, and comprehensive operation and maintenance business development. It is believed that the strategic cooperation of operators will continue to deepen, which is expected to help Beidou and satellite Internet business upgrade and enhance the company's related resource endowment. As one of the leading Beidou manufacturers, the company is optimistic about the forward-looking layout of satellite Internet and low-altitude economy, and maintains a "buy" rating.

The cement building materials sector rose sharply, Yatai Group had a daily limit in the afternoon, and Honglu Steel Structure, Fujian Cement, Jinyu Group, hangxiao and Tianshan were among the top gainers.The Central Finger Research Institute: In November, the price of second-hand houses in Beijing narrowed by 0.17 percentage points from the previous month. On December 11th, the Central Finger Research Institute released a map of the price of second-hand houses in the top ten cities in November 2024, showing that in November 2024, 18,763 sets of second-hand houses were sold in Beijing, up 8% from the previous month and 49.6% from the same period last year. The cumulative turnover from January to November increased by 8.2% compared with the same period last year. In terms of price, in November, the price of second-hand housing in Beijing fell by 0.12% month-on-month, narrowing by 0.17 percentage points from the previous month.The number of foreign passengers entering and leaving the West Kowloon Station Port this year exceeded 1 million. The reporter recently (9th) learned from the West Kowloon Border Inspection Station of Shenzhen Border Inspection Station that since the beginning of this year, more than 1 million foreign passengers from 164 countries and regions have entered and exited through the West Kowloon Station Port, an increase of 90.2% over last year, and the highest single-day passenger flow this year exceeded 6,300. (CCTV News)