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Agency: It is expected that the folding smartphone market will continue to decline in 2025. Counterpoint Research, a market research organization, issued a document saying that the year-on-year shipments of folding smartphone displays declined for the first time in the third quarter of 2024, and it is expected that the shipments in 2025 will also continue to decline.The Hang Seng Index and Hang Seng Science and Technology Index both fell, while Meituan (03690.HK), Xpeng Motors (09868.HK) and JD.COM (09618.HK) all fell more than 2%.South Korea's ruling party leader: Impeachment is the only way to suspend the president. Han Dongxun, leader of South Korea's ruling National Power Party, said on the 12th that President Yin Xiyue has no intention of stepping down early, and impeachment is the only way to suspend the president. According to South Korean media reports, Han Dongxun held an emergency press conference that morning to show his position in favor of impeaching the president. He also said that Yin Xiyue should be immediately excluded from the operation of state affairs such as the commander-in-chief of the army and should immediately stop his functions and powers. Han Dongxun announced the abolition of his previous plan of "orderly advancing the president to step down" and said that he would "vote according to his own beliefs and conscience" at the next vote. (Xinhua News Agency)

The three major stock indexes opened lower, with the Shanghai Composite Index down 0.01%, the Shenzhen Component Index down 0.02% and the Growth Enterprise Market down 0.19%.Australia's employment continued to grow, and the unemployment rate unexpectedly dropped. Australia's unemployment rate unexpectedly dropped in November, and employment continued to grow, highlighting the resilience of the labor market to rising interest rates and prompting traders to reduce their bets on interest rate cuts in February. According to data released by the Australian Bureau of Statistics on Thursday, the unemployment rate dropped from 4.1% in October to 3.9%, far below the 4.2% expected by economists. The number of employed people has increased by 35,600, and it is entirely driven by full-time jobs. It is expected to increase by 25,000. The Australian dollar rose to 0.6411 against the US dollar, and the yield of policy-sensitive 3-year Australian government bonds rose by 5 basis points. The Australian stock market retreated all gains.South Korean prosecutors launched a seizure search on the Capital Defense Command. (CCTV News)

South Korean President Yin Xiyue said that he had ordered the defense minister to inspect the system of the National Election Commission.Yunnan Baiyao and others set up the equity fund of TCM Big Health Innovation. The enterprise search APP shows that recently, Yunnan TCM Big Health Innovation Equity Investment Fund Partnership (Limited Partnership) was established with a capital contribution of 7 billion yuan, and its business scope includes: engaging in equity investment, investment management, asset management and other activities with private equity funds. Enterprise investigation shows that the enterprise is jointly held by Yunnan Baiyao and BOC International Investment Co., Ltd., a wholly-owned subsidiary of BOC Securities.The tourism and hotel sector oscillated to raise the daily limit of Qujiang Wenlv, while the tourism and hotel sector oscillated to raise the daily limit of Qujiang Wenlv, followed by Xi 'an Catering, Xi 'an Tourism, Dalian Shengya, Lingnan Holdings and Zhangjiajie.