Citigroup: The shipment of Qiu Ti FPM exceeded expectations and the target price was HK$ 4.6. Citigroup reported that Qiu Ti Technology (01478.HK) benefited from the strong performance of vivo, Glory and Huawei's flagship models in October, and the demand in November was stronger than expected, which made the shipment of Qiu Ti's 32MP+ model in November still flexible. It is expected that the shipment of mobile phone camera module (CCM) in December will come from the continuous launch of flagship models, but it will be partially offset by the year-end inventory adjustment of its customers. At the same time, it is believed that better product mix and higher average selling price will promote the shipment growth of ultrasonic fingerprint module (FPM). Temporarily maintain "neutral" and target price of HK$ 4.6.The French President will convene all parties to discuss the candidate for the new Prime Minister. The French Presidential Palace announced on December 9 that President Macron will convene representatives of most political parties in the Elysee Palace on the afternoon of December 10 to discuss the candidate for the new Prime Minister, so as to form a government in line with national interests. The statement of the French Presidential Palace said that the talks on the 10th only invited political parties that "indicated that they put themselves in a compromise framework", excluding the far-right National Alliance and the far-left "unyielding France" party. On the 4th of this month, the French National Assembly voted to pass a motion of no confidence for the government. French Prime Minister Banier subsequently submitted his resignation, and his cabinet continued to be responsible for daily government affairs and emergency management until the appointment of a new prime minister. Macron said in a televised speech on the evening of December 5th that a new Prime Minister would be appointed "in the next few days". (CCTV International News)Minister of Trade and Industry of Malaysia: ZTE will invest 45.2 million US dollars to establish two innovation centers in Malaysia. Malaysian Minister of Investment, Trade and Industry Zavrl said that ZTE plans to invest 200 million ringgit (45.2 million US dollars) to establish two innovation centers, and introduce its latest 5G technology to Malaysia through cooperation with local operators. ZTE Malaysia is also building a regional center of excellence to support its global business. Zavrl said that 95% of ZTE's 5G equipment uses Malaysian chips.
The modern factory project is expected to start in the fourth quarter of 2026.Pakistan's KSE-100 index rose 1% to 111,119.90.Hang Seng Index rose 0.9%, led by Meituan. The Hang Seng Index rose 0.9% to 20,605.48 in Hong Kong for three consecutive days. Meituan contributed the most to the index rise, rising by 2.2%. Geely Automobile Holdings Co., Ltd. gained the most, rising by 3.5%. In midday trading, 55 of 83 stocks rose and 24 fell; All stocks rose, led by industrial and commercial stocks.
An explosion in a fuel depot in Italy caused 2 deaths and 9 injuries. It is reported that on the 9th local time, an explosion occurred in a fuel depot in Karenzano, Florence, central Italy, killing 2 people, leaving 3 missing and 9 injured.After the price increase, drivers asked Uber to relax the insurance restrictions in the UK.Oceanwide Holdings and others have resumed execution of 2.207 billion yuan. According to the legal litigation information of Tianyue, on December 9, Oceanwide Holdings Co., Ltd. added two pieces of resumption information, with a total execution target of 2.207 billion yuan. The executors also included Wuhan Central Business District Co., Ltd., and the enforcement court was Beijing No.2 Intermediate People's Court. Tianyan risk information shows that Oceanwide Holdings Co., Ltd. has 10 pieces of information about executed persons, and the total amount of execution exceeds 16.7 billion yuan. In addition, the company also has a number of restrictions on consumption orders, final cases and information on the freezing of shares.