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China and New Zealand held the sixth consultation on South Pacific affairs. On December 9, 2024, Qian Bo, Special Envoy for Pacific Island Affairs of the China Government, held the sixth consultation on South Pacific affairs between China and New Zealand with kavanagh, Deputy Secretary-General for Pacific and Development Affairs of the Ministry of Foreign Affairs and Trade of New Zealand. The two sides had a frank and in-depth exchange of views on the situation in the South Pacific region, their respective policies towards Pacific island countries and regional cooperation. (Ministry of Foreign Affairs website)Xu Ji Electric: It is estimated that China Southern Power Grid will win the bid of 468 million yuan. Xu Ji Electric announced that the company is expected to win the bid for the special bidding project of DC main equipment of Guangdong 220 kV Tianhe Tangxia Flexible Straight Back-to-Back Project of China Southern Power Grid, with the amount of about 468 million yuan. This project mainly embeds flexible DC in urban power supply area to realize flexible interconnection technology and improve the flexibility and security of urban power grid. After winning the bid and signing the contract, the performance of the contract will have a positive impact on the future operation of the company but will not affect the independence of the company's business. The flexible DC converter valve products developed by the company based on 6.5kV IGCT devices will be applied in this project, which is the first engineering application in the field of high voltage DC. At present, the project is still in the publicity stage of the winning candidate, and the company has not received the notice of winning the bid.Singapore Straits Times closed up 0.5% at 3,813.55.

International Air Transport Association (IATA): It is estimated that the global air passenger traffic will exceed 5 billion next year, and the total revenue of the aviation industry will exceed 1 trillion US dollars for the first time. On December 10th, the International Air Transport Association (IATA) released the financial outlook for the global aviation industry in 2025, and it is estimated that the global air passenger traffic will reach 5.2 billion passengers in 2025, an increase of 6.7% over 2024, and it will exceed the 5 billion mark for the first time. In 2025, the net profit of the global aviation industry will reach 36.6 billion US dollars, an increase of nearly 16% compared with 2024, and the profit rate will be 3.6%, higher than 3.3% in 2024. IATA also predicts that the total revenue of the global aviation industry will exceed $1 trillion for the first time in 2025. According to the International Air Transport Association, North America will remain the largest profit contributor to the global aviation industry in 2024, although the profit rate is lower than the pre-epidemic level, especially for low-cost airlines, due to the slowdown in aircraft delivery and rising costs. Thanks to the strong demand for high-end long-distance travel, the financial performance in the Middle East is the strongest, and it is also the only region where the passenger yield has increased.Tencent Holdings repurchased 1.68 million shares on December 10th, costing about HK$ 703 million.Jiejie Microelectronics: The shareholding ratio of the controlling shareholder is passively diluted to 34.66%.

Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong. According to the news of the China Council for the Promotion of International Trade, from December 8 to 10, Ren Hongbin, president of the China Council for the Promotion of International Trade, led a delegation to visit Hong Kong, attended the joint meeting of the Mainland-Hong Kong Chamber of Commerce in 2024 and delivered a speech at the symposium of foreign business associations and foreign-funded enterprises in Hong Kong, and prepared to hold the second Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference. During his visit, Ren Hongbin met with Lee Ka Chiu John, Chief Executive of the Hong Kong Special Administrative Region, and Qi Bin, Deputy Director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region. He had extensive exchanges with Lin Jianyue, Chairman of the Hong Kong Trade Development Council, and people from the Hong Kong business community. He had an in-depth exchange of views on deepening economic and trade cooperation between the Mainland and Hong Kong. He went to Jardine Matheson Group, HSBC Group, Swire Group and Cathay Group for investigation, and listened to work reports at the Hong Kong Representative Office of the China Council for the Promotion of International Trade and China Patent Agency (Hong Kong) Co., Ltd.UN Special Envoy for Syria: Damascus needs credible and inclusive transitional arrangements.Xiaojin Company has listed a total of 7.922 billion yuan of personal loan asset packages. Up to now, Xiaojin Company has listed a total of 7.922 billion yuan of personal loan asset packages this month. Among them, on December 3, China Post Consumer Finance Co., Ltd. listed and transferred the third to sixth personal loan asset packages in 2024, with a total principal and interest of 7.172 billion yuan; On the 5th, BOC Consumer Finance Co., Ltd. also listed the 68th-83rd installment and the 4th installment of personal loan asset package, with a total principal and interest of 750 million yuan. It is worth noting that the transfer price of these non-performing asset packages can be called "cabbage price". According to the statistics of 21st century business herald reporter, the average discount rate of assets package of BOC Xiaojin is as low as 1.5 fold, while the assets package of China Post Xiaojin is given an ultra-low discount of 0.2 fold, which can be called "fracture". (21 Finance)