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Foreign media: Satellite images show that Russia is packing up equipment at the Syrian air base. According to a report on the website of Lianhe Zaobao in Singapore on December 14, the satellite images of Maxar Technology Company in the United States show that Russia seems to be packing up military equipment at an air base in Syria. According to the satellite image taken on December 13th, at least two An -124 transport planes' noses were raised at the Hermimim Air Force Base in Latakia province, which is located on the Syrian coast. Maxar Technology said that the nose doors of two An -124 heavy transport planes parked on the apron have been opened, ready to load equipment and goods. A nearby Ka -52 helicopter gunship is being dismantled and may be ready for transportation, while the personnel of the S-400 Triumph air defense missile system are also preparing to leave from the previous air base deployment site. (Reference message)In the first 11 months, nearly 90% of stock strategy private equity products realized floating profit. According to the latest statistics released by private placement network, in the first 11 months of this year, the average yield of stock strategy products of private equity institutions with only performance display in 2014 was 18.65%, of which 1753 products realized floating profit, accounting for 87.04%. Specifically, among the sub-strategy products of stock strategy products, subjective multi-strategy products lead the way. The data shows that in the first 11 months of this year, the average yield of 1342 subjective multi-strategy products with performance display was 20.25%, of which 1137 products realized floating profit, accounting for 84.72%. Although the performance of quantitative long strategy products is not as good as that of subjective long strategy products, the gap is not obvious. The data shows that in the first 11 months of this year, the average yield of 460 quantitative long strategy products with performance display was 18.18%, of which 444 products realized floating profit, accounting for 96.52%. (Securities Daily)U.S. Department of Justice: new york suburban police station stripped and searched almost all the arrested persons. On December 13th, local time, CCTV reporter learned that the latest report of the U.S. Department of Justice showed that the suburban police station in new york often violated the citizens' rights, including illegal arrests and unnecessary strip searches and body cavity searches. It is reported that this report is one of 12 investigations conducted by the Ministry of Justice on local police agencies since 2021. According to the report, at least until the fall of 2022, the Mount Vernon Police Force will strip and search everyone who is arrested. Illegal strip searches and body cavity searches will last at least until 2023. Investigators said that although this practice was "restricted" during the investigation, it was not certain whether these practices had ended. (CCTV News)

CICC: Give GM an initial rating that outperforms the broader market, with a target price of $65.Hong Kong stocks ushered in the "structural bull" and the future valuation center is expected to rise. Since late September, the policy combination boxing has exceeded expectations, and the Hang Seng Index has taken advantage of the trend. As of the close of December 13th, the Hang Seng Index has risen by 17.15% this year, which is the first time since 2020. In terms of sectors and individual stocks, it is one after another, constantly deducing "structural cattle". Wind's statistics show that since the beginning of this year, a total of 333 stocks have increased by more than 50%, of which 142 stocks have doubled, and Quanzhi International has increased by more than 10 times this year. Eight stocks including Boya Interactive, Wanshun Ruiqiang Group, Zheli Holdings, Honghao International Holdings and Shanghai Qingpu Fire Protection have also increased by more than 5 times. For the trend of Hong Kong stocks in 2025, Guotai Junan Hong Kong believes that the Federal Reserve will continue to cut interest rates in 2025, and the valuation center of Hong Kong stocks will continue to improve marginally. Looking ahead, Hong Kong stocks will remain volatile and investors need to pay attention to structural industry opportunities. In its view, the Hong Kong stock market is dominated by "N"-shaped upward volatility, and there are many flexible opportunities in the stage, but we should pay attention to actively looking for structural industry opportunities. (Securities Times)Shanghai Stock Exchange: This week, the coastal market has a surplus of transportation capacity, and the comprehensive index is under pressure. According to Shanghai Stock Exchange, this week, the downstream demand is sluggish, the terminal purchasing enthusiasm is not high, and due to multiple factors such as the recovery of ship turnover and the return of concurrently operated ships, the market transportation capacity is surplus, and the comprehensive index is slightly lower. On December 13th, the China coastal (bulk) comprehensive freight index released by Shanghai Shipping Exchange closed at 1123.01 points, down 1.7% from the previous period.

Jiang Xiaojuan argued with European experts that your subsidy for electric vehicles is higher than that of China. Jiang Xiaojuan, a professor at the University of Chinese Academy of Social Sciences, said at the annual financial conference in 2025 that his three visits to Europe last year were all about tariff disputes on electric vehicles. "I calculate the figures particularly carefully. In 2009, the subsidies were fully launched. At that time, we didn't have an electric vehicle to export. The subsidies were not for export, but for electric vehicles and fuel vehicles to compete in the domestic market. In 2016, our exports began to increase, but subsidies also declined rapidly. Therefore, it cannot be said that the competitiveness of electric vehicles in China comes from subsidies, "she said. Even Jiang Xiaojuan calculated the European subsidy data, saying, "Buying a Tesla costs 7,000 to 9,000 euros, which is higher than our subsidy". "My reason is particularly good. I said that we are not exporting. We are competing with domestic fuel vehicles. Your subsidies are more. Why do you say me?" Jiang Xiaojuan said, "Those scholars can't help it, because these are solid data. In the end, they said that regardless of the willy-nilly, our domestic industry was hit too hard and politically unacceptable.". (Rui Jian)Moody's: Downgrading France's sovereign credit rating to Aa3, the outlook is stable.The head of the South Korean Police Department was formally detained. According to South Korean media reports, Zhao Zhihao, the head of the South Korean Police Department, and Kim Fung-sik, the head of the Seoul Police Department, were formally detained on the evening of December 13th. The Central District Court of Seoul said that Zhao Zhihao and Jin Fengzhi had the possibility of destroying evidence, so they issued detention orders. (CCTV International News)