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Argentine President Millay: It is planned to cancel capital controls next year. Argentine President Millay said in a televised speech on December 10 local time that Argentina plans to cancel capital controls next year. Millay said that Argentina's economic team is preparing for structural tax reform, which will abolish 90% of the tax revenue, and the Argentine government will continue to ban institutions, secretariats, deputy secretariats, public companies and every state institution that should not exist in the new year. Demián Reidel, economic adviser to Milai, will announce Argentina's nuclear energy plan in the next few days.It is reported that Blackstone Group may withdraw from its bid for Bausch & Lomb, an eye care company. People familiar with the matter said that Blackstone Group may withdraw from its joint bid for Bausch & Lomb. Earlier, it was reported that Blackstone and TPG (Detai Capital) jointly bid for Bausch & Lomb, an eye care company. At present, negotiations are still in progress. If Bausch & Lomb is willing to accept a lower price, or TPG finds another private equity investment group as a trading partner, the transaction may still be completed.The central parity of RMB against the US dollar was reported at 7.1843 yuan.

50 Hong Kong stocks were repurchased by the company yesterday, with Tencent Holdings, Guangzhou Automobile Group and AIA having the largest amount of repurchase. On December 10th, a total of 50 Hong Kong stocks were repurchased by the company, and the amount of repurchase of 8 stocks exceeded HK$ 10 million. Among them, Tencent Holdings, Guangzhou Automobile Group and AIA have the largest repurchase amounts, with the repurchase amounts of HK$ 703 million, HK$ 64,988,500 and HK$ 62,310,000 respectively.The insurance sector fell by more than 8% in the short term, and the insurance sector fell by more than 8% in the short term. New China Life Insurance, China PICC, China Life Insurance and China Pacific Insurance followed suit.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.

Market News: The United States is considering imposing tougher oil sanctions on Russia before Trump takes office.The aquaculture sector oscillated to raise Huaying Agriculture's daily limit, the aquaculture sector oscillated to raise, Huaying Agriculture's daily limit, Tianyu Bio and Chuangye International's previous daily limit, and Zhongshui Fishery, Minhe Shares and Xiaoming Shares followed suit.Lee Ka Chiu John: The Hong Kong SAR Government hopes to set up a food and drug administration in the future. Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) said today (11th) that the SAR Government hopes to set up a food and drug administration in the long run to give full play to the advantages of clinical trials with the Mainland.