Japan's semiconductor sector rose collectively, with ADVANTEST up nearly 5%, DISCO up over 2% and Renesas Electronics up over 1%.Huajin Securities: Concerned about the impact of high-quality IP on e-sports and games going to sea, Huajin Securities Research Report pointed out that 1) On December 11th, the 2024 China E-sports Industry Annual Conference was held in Beijing, and the 2024 E-sports Annual Report was released during the conference. The data showed that the e-sports industry showed a positive development trend. "High-quality IP+ games" resonance mode or long-term empowerment game industry development. 2) The popularity of Marvel Comics is unprecedented, and the head manufacturers inject new IP vitality into the game. The achievements of "Marvel Comics Strive for the Front" may set a benchmark for the market, open the world fun competition+high-quality IP or give birth to new topics. 3) "Adapting to local conditions" is both internal and external, and the IP effect is remarkable. Based on the model of Watching Pioneer 2, the "big IP+ competition" has been deeply cultivated. The globalization has brought unprecedented popularity to Marvel Comics, and its novel model is expected to give full play to the value of high-quality IP, provide guidance and reference for industrial development, and empower the development of the game industry for a long time. 4) The annual meeting of e-sports industry was held, and the data showed that China e-sports was full of vitality. High-quality IP+ games are expected to continue to inject vitality into the game industry, paying attention to the impact of high-quality IP on e-sports and games going to sea.Market News: Australia and Papua New Guinea sign bilateral security agreement.
He was sentenced to 12 years in prison for selling more than 80 classified documents to pay off gambling debts. Today, the Ministry of National Security announced two anti-espionage cases: when experts in the core scientific research field of a university went abroad for face-to-face signing, visa officials kept asking about the research progress and the source of project funds, which aroused the experts' vigilance and immediately reported to the school and state security organs. During the academic conference, the experts met with people from abroad, and the other side hoped to carry out "deep cooperation" by providing academic convenience as bait. In the end, the experts calmly responded and reported to the school as soon as they returned to China, which not only protected their personal safety but also effectively safeguarded the core secret safety. Li Moumou, the core secret-related personnel of an institution, is addicted to online gambling and owes huge gambling debts. In order to repay the debt, Li took the initiative to hook up with overseas spy intelligence agencies, took photos of more than 80 classified documents and sent them to the other party, collecting spy funds of more than 100,000 yuan. The state security organs detected the case in time, and Li was sentenced to 12 years in prison for espionage. There are obvious loopholes in the anti-espionage security work of Li's unit, and three responsible personnel have been punished by party discipline and government affairs. (CCTV)Industrial Securities' investment strategy for the construction industry in 2025: internal and external resonance, optimistic about debt conversion and the "Belt and Road" industry, Industrial Securities Research Report said that the construction industry will face certain pressure in 2024, and it is expected that infrastructure investment will remain high in 2025, driven by the debt conversion policy. Review and prospect of plate market: central state-owned enterprises and design plates led the gains, with obvious excess returns. Main line 1: Debt conversion is expected to drive the improvement of the management quality of construction central enterprises. 1) The driving force and mode of action of this debt conversion can be compared with the "Belt and Road" market in 2014 and the PPP market in 2016, and the policy is driven from top to bottom. 2) The institutions' positions in construction central enterprises are low, and the valuation of construction central enterprises is also in the lower position of the historical center. 3) The unprecedented intensity of debt conversion will help the central enterprises to realize the double promotion of EPS and PE. Main Line 2: The Belt and Road Initiative is expected to accelerate and benefit international engineering enterprises. The "Belt and Road" market has accelerated its expansion, and international engineering enterprises are expected to accelerate their going out to sea, and their performance and valuation have both improved.Shengmei Shanghai issued a statement on the new US export control regulations. Shengmei Shanghai issued a statement on the new US export control regulations, saying that on December 2, the BIS of the US Department of Commerce issued new control measures for semiconductors exported and transferred to People's Republic of China (PRC) (China), covering advanced integrated circuit (IC) products, specific integrated circuit manufacturing equipment and technology, and supercomputers related to artificial intelligence (AI) and advanced computing. According to the new regulations, Shengmei Shanghai and its domestic and Korean subsidiaries are included in the BIS entity list. ACM Research, Inc and its direct subsidiaries outside Chinese mainland are not included in the list. The company is comprehensively evaluating the potential impact of the new regulations on the company's business and operation plans. Based on the current information, the company believes that as the company has established diversified supply chains and alternative resources, the impact on the delivery and service capacity of equipment produced by Shengmei Shanghai and sold to domestic customers will be controllable and manageable. The new regulations will not affect the company's product sales, delivery and service capabilities to overseas customers. Consistent with previous years, the company plans to voluntarily disclose the announcement of 2024 annual operating results and 2025 annual operating results forecast in January 2025.
The International Finance Corporation (IFC) and HSBC signed a $1 billion trade flow arrangement for emerging markets.He was sentenced to 12 years in prison for selling more than 80 classified documents to pay off gambling debts. Today, the Ministry of National Security announced two anti-espionage cases: when experts in the core scientific research field of a university went abroad for face-to-face signing, visa officials kept asking about the research progress and the source of project funds, which aroused the experts' vigilance and immediately reported to the school and state security organs. During the academic conference, the experts met with people from abroad, and the other side hoped to carry out "deep cooperation" by providing academic convenience as bait. In the end, the experts calmly responded and reported to the school as soon as they returned to China, which not only protected their personal safety but also effectively safeguarded the core secret safety. Li Moumou, the core secret-related personnel of an institution, is addicted to online gambling and owes huge gambling debts. In order to repay the debt, Li took the initiative to hook up with overseas spy intelligence agencies, took photos of more than 80 classified documents and sent them to the other party, collecting spy funds of more than 100,000 yuan. The state security organs detected the case in time, and Li was sentenced to 12 years in prison for espionage. There are obvious loopholes in the anti-espionage security work of Li's unit, and three responsible personnel have been punished by party discipline and government affairs. (CCTV)Yin Xiyue denied that emergency martial law was a civil strife. South Korean President Yin Xiyue made a speech today (December 12), denying that "emergency martial law" was a "civil strife". He once again criticized the opposition party for enslaving Congress and abusing the power to impeach public officials. Yin Xiyue said that both impeachment and investigation will face it head-on.