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Indian Rupee fell below 84.8575 against the US dollar, hitting an all-time low.Li Jiaqi responded to the price change of the live broadcast room: it is gradually changing, and more emphasis is placed on the quality-price ratio. Recently, when Li Jiaqi was interviewed, the price of the live broadcast room changed. He said that he talked more about the "quality-price ratio" this year, and the quality matches the price. In recent years, more first-line brands have joined, and the price is gradually changing. Li Jiaqi also said that live broadcast is not something you want to do. If the first goal is to make money, it won't last long. The coming and going of anchors is a test for unprofessional people in the industry. (The Paper)Musk praised Tesla China. According to the data, Tesla sold 21,900 vehicles in China last week (12.2-12.8), which was the second best week of Tesla in 2024 so far. The excellent sales performance in China market was highly recognized by Tesla CEO Musk, who praised "the excellent work of Tesla China" online on social media.

China Merchants Bank applied for a large-scale model trademark. According to the intellectual property information, recently, China Merchants Bank Co., Ltd. applied for the registration of the trademarks of "YiZhao Big Model" and "YiZhao Big Model of China Merchants Bank". The international classification is advertising sales, website services and scientific instruments, and the current trademark status is awaiting substantive examination.Bank of Communications International: In November, the penetration rate of new energy vehicles in the mainland was 52.3%, and the performance in December was optimistic. Bank of Communications International published a research report to give the mainland auto industry a leading rating. According to the report, the retail sales of passenger cars increased by 16.5% year-on-year in November; The retail penetration rate of new energy vehicles was 52.3%, exceeding 50% for the fifth consecutive month, and the retail sales of new energy vehicles increased by 50.5% year-on-year. In November, the export growth slowed down, and the proportion of new energy vehicles fell to 20%. The bank pointed out that considering that the Spring Festival in 2025 is earlier than that in 2024, some car purchases before the Spring Festival will be completed by the end of 2024, and the subsidy policy for trade-in will enter the final stage in December, and some car companies are also sprinting sales through promotional activities. The bank expects the passenger car market in December. It is expected to maintain the potential of the current retail sales to continue to increase year by year. However, after the sales sprint in December, the auto market entered the off-season of consumption, so it is necessary to be cautious that the stock price performance of the auto sector may fluctuate.JPMorgan Chase: The momentum of Xiaomi's electric vehicle will continue to be rated as "overweight". According to a research report published by JPMorgan Chase, Xiaomi Group announced that it will launch the second electric vehicle named Xiaomi Yuqi in the middle of next year, which is an SUV model. The product portfolio of electric vehicle business continues to expand, reflecting that the Group's ability to enter the electric vehicle market is better than market expectations. The delivery target of Xiaomi SU7, the first electric vehicle, has also been raised twice, and the gross profit margin of electric vehicle business has reached a medium-high level in the first two quarters, far exceeding the initial market expectation and only recorded a slight gross profit margin. Motong said that at present, we are waiting for the Group to announce more details about the new car's life, pricing and battery. We believe that the strong sales momentum of SU7, the profitability of the Group's core business and electric vehicle business, and the expectation that new models will be launched in the second half of next year will continue to promote the stock price in the next 6 to 12 months. The positive catalysts in the future include more details or pricing of YU7, further expansion of electric vehicle production capacity, exceeding expectations in core business performance, and large-scale and national consumption stimulus measures introduced by the country in the future.

The semiconductor concept oscillated higher and Broadcom integrated daily limit, and the semiconductor concept oscillated higher and Broadcom integrated daily limit. Hengxuan Technology, Purran, Shanghai Beiling, Tailingwei and Dongxin shares rose more than 5%.Japan Life Insurance announced that it would spend $8.2 billion to acquire the life insurance company Resolution Life. On December 11th, Japan Life Insurance Mutual announced that it would spend about $8.2 billion to acquire the remaining 77% shares of the life insurance company Resolution Life. The transaction is expected to be completed in the second half of 2025. On the same day, Japan Life announced that it would acquire the remaining 20% shares of MLC Life Insurance from National Bank of Australia (NAB) and integrate MLC with Resolution Life.Yonhap News Agency: South Korean police special investigation team raided the presidential palace on martial law.