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Huatai Securities: The target price of Yum! China was raised to HK$ 472.48, and the "Buy" rating was maintained.Before the passenger flow resumed, the number of entry-exit passengers at Shanghai Port increased by 91.3% in November. According to the news released by Pudong, from January to November this year, Shanghai Border Inspection Station inspected 247,000 vehicles (ships) at Shanghai Port, and inspected more than 33.1 million passengers, up by 43.6% and 91.3% respectively compared with the same period of last year. Since last year, with the introduction and restoration of various visa-free policies, the degree of entry and exit facilitation has been continuously improved. Up to now, China has implemented a unilateral visa-free policy for 38 countries and achieved a comprehensive visa-free policy with 25 countries.The Hang Seng Science and Technology Index fell, having previously risen by more than 4%; The increase of Hang Seng Index narrowed to 0.4%, after rising by more than 3%.

Turkey initiated the sunset review investigation of safeguard measures for Iranian float glass. According to China Trade Relief Information Network, on December 7, the Turkish Ministry of Trade issued Announcement No.2024/10, saying that the third sunset review investigation of safeguard measures was initiated for float glass originating in Iran at the request of domestic Turkish manufacturers; At the same time, it is suggested to levy a temporary safeguard measure tax of USD 36/ton on the products involved for 200 days from December 12, 2024, and the implementation of the measures shall be subject to the relevant tax collection order of the President of Turkey. The Turkish tax codes of the products involved are 70.04, 70.05 and 70.06. The final ruling will be made within nine months, except for another extension (up to six months). The announcement shall take effect as of the date of promulgation.FTSE China A50 index futures fell to 3.5%.GF Securities: gave Ziguang Guowei a "buy" rating with a reasonable value of 96.85 yuan.

The official responded to the fire in Alibaba's cloud computing data center. On December 9, some netizens released a video saying that there was a fire in Alibaba's cloud database in Yuancheng District, Heyuan, Guangdong Province, and a raging fire was lit at the scene, and smoke was rolling. The video publisher said that the fire broke out on the afternoon of the 9th, and hundreds of people escaped. The reporter called the customer service staff in Alibaba Cloud, and the customer service said that the relevant failure notice and fire situation had not been received at present. Subsequently, the reporter from the urban scene called the Propaganda Department of Yuancheng District Committee of Heyuan City, Guangdong Province. The staff of the Propaganda Department confirmed this to the reporter. The staff told the reporter that the fire broke out in the jurisdiction of Yuannan Town. Yesterday (9 th) at around 3 pm, the fire was extinguished. There were no casualties at the scene. (urban scene)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.The net sales of southbound funds reached 6 billion yuan.