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Yibin Paper: The asset-liability ratio of the acetate fiber company to be acquired is 88.31%. Yibin Paper announced the change, and the company plans to acquire 67% equity of Sichuan Pushi Cellulose Acetate Co., Ltd. held by the related party Yibin Pushi Group Co., Ltd.. As of July 31, 2024, according to the audited financial data, the total liabilities of Acetic Fiber Company were 971,116,800 yuan, and the asset-liability ratio was 88.31%. It is expected that there will be related capital outflows in the future. The transaction has yet to be reviewed and approved by the company's shareholders' meeting and procedures such as handling industrial and commercial change registration, and subsequent implementation is uncertain. Investors are requested to invest rationally and pay attention to risks.French caretaker government proposed a "special law" to prevent the lockout. French caretaker government spokesman Maud Bregeon said on the 11th that the caretaker cabinet meeting held that day proposed a draft "special law" on the 2025 budget to prevent the government from falling into lockout due to funding problems, and the draft will be submitted to Parliament for deliberation next week. Bregeon said that the meeting of the day was presided over by President Macron, and the draft "special law" was designed to ensure that the government could continue to operate in the event of the temporary absence of the 2025 budget. (Xinhua News Agency)The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.

The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).The interest rate swap market predicts that the probability of the Bank of Canada cutting interest rates further in January next year is about 70%.According to the news of China Securities Industry Association on December 11th, on December 5th, the meeting of directors and all members of regional equity market professional committee of China Securities Association was held in Chongqing. The meeting studied and implemented the spirit of the Third Plenary Session of the 20th CPC Central Committee and the new "National Nine Articles" in the capital market, and studied and discussed the key work of the Committee. The main person in charge of the China Securities Association, the relevant persons in charge of the Second Market Division of the China Securities Regulatory Commission, Chongqing Local Financial Administration and Chongqing Securities Regulatory Bureau attended the meeting, and more than 60 staff members of CSI Technology, Chongqing Securities and Futures Association and Securities Industry Association and Committee members attended the meeting.

Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.Traders have increased their bets on the ECB's interest rate cut, and it is now expected that the ECB will cut interest rates by 158 basis points in 2025.Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.