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Spot gold fell nearly $10 in the short term and fell below $2,680 per ounce, down 0.50% in the day.The Shanghai Composite Index opened at 3,430.08 points in the afternoon, up 0.22%. The Shanghai and Shenzhen 300 Index opened at 3,993.87 points in the afternoon, down 0.04%. Shenzhen Component Index opened at 10,860.99 points in the afternoon, up 0.45%. The GEM index opened at 2,266.24 points in the afternoon, up 0.10%. Small and medium-sized board opened at 11,727.56 points in the afternoon, up 0.65%.Chen Honghui, director of the Health and Health Commission of Hubei Province, is the new deputy secretary of Yichang Municipal Committee. According to the Three Gorges Daily in Yichang, Hubei Province, on December 10th, Yichang held a meeting of leading cadres in the whole city, and the organization department of Hubei Provincial Committee announced that Chen Honghui was appointed as a member, standing committee member and deputy secretary of CPC Yichang Municipal Committee. Previously, Chen Honghui served as Party Secretary and Director of Hubei Provincial Health and Wellness Committee.

Hangxiao in Hebei successfully won the bid for the steel structure project of Machta project in Mongolia. Recently, hangxiao (Hebei) Construction Co., Ltd. (hereinafter referred to as "Hangxiao in Hebei") successfully won the bid for the steel structure project of Machta project in Mongolia. The project is located in Ulaanbaatar, the capital of Mongolia. It consists of a tower, a podium, a natural museum and a sports center with a total construction area of about 104,000 square meters. The tower and podium adopt reinforced concrete core tube-steel frame structure.Hang Seng Index fell 0.2%, led by Meituan. The Hang Seng Index fell 0.2% to 20,278.66 in Hong Kong for two consecutive days. Meituan dragged down the index the most, falling by 1.7%. Chuangke Industrial Co., Ltd. suffered the biggest decline, falling by 4.1%. In midday trading, 33 of the 83 stocks fell and 46 rose; Three of the four stocks fell, led by industrial and commercial stocks.Alibaba Cloud will build new data centers in five overseas countries. On December 11th, Yuan Qian, president of Alibaba Cloud Intelligent International, revealed that in the next three years, Alibaba Cloud will invest in new data centers in five countries around the world, which are located in South Korea, Malaysia, the Philippines, Thailand and Mexico, and will further increase localized services and ecosystem construction. At present, Alibaba Cloud operates 85 available zones in 28 regions around the world, covering Chinese mainland, Hongkong, Southeast Asia, Japan and South Korea, the Middle East and Europe and America.

Coal stocks fluctuated higher, with the daily limit of Antai Group in the afternoon, Anyuan Coal Industry rose more than 5%, and Orchid Science and Technology, Luan Huaneng, Gansu Nenghua, Baotailong, Dayou Energy and Shaanxi Black Cat followed suit.Huaxi Securities: Maintain the "Buy" rating of Hagrid Communication, and be optimistic about the forward-looking layout of satellite Internet and low-altitude economy. Huaxi Securities Research Report pointed out that Hagrid Communication (002465.SZ) selected China Mobile's "R&D service procurement project for integrated terminal chips in 2024-2025", with an estimated contract amount of 31.06 million yuan. The selection in the development and procurement of Beidou Tongdao Fusion Chip once again proves that the company and China Mobile have carried out business cooperation and strategic coordination in many fields, including Beidou+industry application development, coordinated development of air and space integration, low-altitude infrastructure construction, integrated construction of vehicles and Lu Yun, and comprehensive operation and maintenance business development. It is believed that the strategic cooperation of operators will continue to deepen, which is expected to help Beidou and satellite Internet business upgrade and enhance the company's related resource endowment. As one of the leading Beidou manufacturers, the company is optimistic about the forward-looking layout of satellite Internet and low-altitude economy, and maintains a "buy" rating.Microsoft is reported to have hired several DeepMind employees for the new AI health department. Mustafa Suleyman, the head of Microsoft consumer artificial intelligence and co-founder of DeepMind, is forming a new team focusing on consumer health. Dominic King, the former head of DeepMind health department, was hired as the vice president of Microsoft AI's new health team in London. He also poached DeepMind's clinical research scientist and Christopher Kelly, a neonatal intensive care doctor at Evelina Children's Hospital in London, and two other colleagues he worked with during DeepMind.