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Hang Seng Index futures closed up 3.43% at 21,359 points, with a high water level of 945 points.Market information: Rupert Murdoch, the news media tycoon, failed to change the family trust.The regulatory authorities have made a heavy blow to market manipulation. During the year, there have been nine fines with the amount exceeding 100 million yuan. Since the beginning of this year, the CSRC has made a heavy blow to market manipulation. According to public statistics, as of December 9, the CSRC and the local securities regulatory bureaus issued 28 administrative punishment decisions (including 3 advance notices of administrative punishment disclosed by listed companies) for market manipulation during the year, and 61 persons (families) were punished, with a total amount of fines exceeding 2.352 billion yuan. Among them, 9 tickets were fined more than 100 million yuan. In the punishment of market prohibition, there is also a ticket for both identity prohibition and transaction prohibition. "During the year, the number and intensity of fines for manipulating the market increased significantly, which was the result of strengthening supervision, improving supervision technology, improving laws and regulations and enhancing investor protection awareness." Researchers said that with the application of advanced technologies such as big data analysis and artificial intelligence, the ability of regulators to crack down on market manipulation has been improved. In recent years, the laws and regulations related to the capital market have been constantly revised and improved, and the penalties for illegal market manipulation have increased, which is helpful to increase the illegal cost and form an effective deterrent. In addition, the public and investors' awareness of the protection of their own rights and interests has gradually increased, which has also promoted the reporting and exposure of market manipulation. (Securities Daily)

The annual strategy of brokers in 2025 will present "three major consensuses". At the end of recent years, the annual strategies of major brokers in 2025 will be held intensively, focusing on the interpretation of the new year's market, the market trend next year and the discussion and judgment of the allocation direction. Generally speaking, brokers have shown a "consensus" in three major directions. The first consensus is that it is generally believed that the A-share market is expected to become an important place for global capital allocation. In this direction, Chinese and foreign institutions have reached a consensus. The second consensus is to give optimistic expectations for the A-share market in 2025. The confidence of the organization's optimistic expectations lies in the fact that the market sentiment has obviously recovered under the boost of a series of positive policies this year, and there is still room for boosting in the medium and long term perspective. The third consensus is reflected in the direction of industry allocation. The new quality productivity based on semiconductors and computing power, as well as the policy themes based on mergers and acquisitions and market value management, have become a common optimistic track for many brokers. (Securities Daily)Economist: Pork price, temperature, incremental policies and other factors are expected to push up CPI. Looking forward to the next stage, Wen Bin, chief economist of China Minsheng Bank, predicts that the year-on-year increase of CPI may rebound. With the increase of meat demand in winter, the price of pork will rise seasonally. In addition, the further drop of temperature will affect the production, storage and transportation of fresh vegetables, fresh fruits and other products, which may push up food prices. The domestic package of incremental policies will continue to improve domestic demand and boost consumer confidence, which is expected to boost the core CPI. (Securities Daily)Canadian Prime Minister Trudeau: Retaliatory tariffs ended Trump's previous taxation.

WTI crude oil futures closed up 1.74%, while WTI January crude oil futures closed up 1.17 USD, or 1.74% to 68.37 USD/barrel. Brent February crude oil futures closed up 1.02 US dollars, or 1.43% to 72.14 US dollars/barrel. Nymex January natural gas futures closed up 3.45% to $3.1820/million British heat.British government: According to reports that commercial poultry in other places near Wharton, Norfolk are suspected to be infected with highly pathogenic avian influenza, the government decided to cull birds according to their clinical symptoms.Congressional Budget Office (CBO): In October and November 2024 (that is, the first two months of fiscal year 2025), it is estimated that the federal budget deficit will total $622 billion. This amount is $242 billion more than the deficit in the same period of the previous fiscal year.