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Galaxy Securities: The economies of scale of the network industry chain are expected to be prominent. The Galaxy Securities Research Report pointed out that the supply of new kinetic energy in emerging communication industries is constantly enriched, and the economies of scale of the network industry chain are expected to be prominent. With the development of AI, the promotion of 6G and the popularization of satellite-related services in the future, in order to gain greater global leadership in digital technology, China's technological changes need to be accelerated. The integration of 5G-A/6G synaesthesia and general intelligence computing respectively add perceptual and AI elements to the communication network, and continue to deepen the supply capacity upgrade of key links such as chip modules, industry terminals, virtual private networks and common capability platforms, so as to empower the development of emerging industries. The upgrading of communication technology focuses on promoting the integration and innovation of digital technology, bringing about the upgrading of traditional industrial production and operation. Generally speaking, the development of 5G+ promotes multi-directional deep empowerment, and the effect of economies of scale is expected to be prominent. Looking forward to the future, new infrastructure and new applications will usher in great development.YTO Express invested 30 million yuan in Hengyang City to set up a new company. The enterprise search APP shows that recently, Hengyang YTO Express Co., Ltd. was established, with the legal representative of Sun Kai and the registered capital of 30 million yuan. Its business scope includes: general cargo warehousing services; Domestic freight forwarder; Storage equipment rental service. Enterprise equity penetration shows that the company is indirectly wholly-owned by YTO Express.The yield of main inter-bank interest rate bonds rose rapidly, with the yield of 10-year bonds "24 interest-bearing bonds 11" rising by 1.35bp, the yield of 30-year bonds "24 special bonds 06" rising by 1.6bp, and the yield of 20-year bonds "24 special bonds 05" rising by 2bp.

The Hang Seng Science and Technology Index rose to 1%, and the Hang Seng Index is now up 0.70%.Shares of 9 listed companies were reduced by important shareholders. Company No.9 -WD has the highest reduction amount. Based on the change deadline, on December 10th, 3 shares were increased by important shareholders, and Jintou City gained an increase of 6,019,200 shares by important shareholders, with an increase amount of 16,624,800 yuan. The shares of nine listed companies were reduced by important shareholders, and the ninth company -WD was reduced by 5,051,600 shares by important shareholders, with a reduction amount of 238 million yuan.The first day of listing, the new shares of Gem Boyuan opened sharply higher, and now it has risen by over 220%.

Sora concept stocks fell, Huayang Lianzhong fell, Easy Point World, Fushi Holdings fell more than 8%, and Wanxing Technology fell nearly 5%.In the first 11 months of science and technology innovation board, the number of 13 new shares issued dropped significantly year-on-year. Statistics show that from January to November, 2024, 13 new shares were listed in science and technology innovation board, raising a total amount of about 13.5 billion yuan. The number of issues and the scale of fund-raising decreased by about 80% and 90% respectively year-on-year, and the two indicators declined for two consecutive years. Ailuo Energy and Dameng Data raised a total of more than 1.5 billion yuan, which was on the top of the scale. With the exception of Shanghai Hejing, which broke 6.31% on the first day of listing, the share prices of other science and technology innovation board IPOs all rose on the first day of listing. Among them, the share prices of Lianyun Technology and Jintian Titanium rose by over 300% on the first day of listing, with a relatively high increase. In terms of underwriters, the number of projects underwritten by Haitong Securities and CICC in the first 11 months of 2024 was in the top three. Judging from the scale of fundraising, the total number of projects underwritten by China Merchants Securities and CICC exceeds 3 billion yuan, and the project scale of Huatai United Securities, Haitong Securities and Huaying Securities all exceeds 1.5 billion yuan. (Xinhua Finance)Ma Zhixin, the chief financial officer of Nissan, was informed that he would lead the business in China again. According to the Nikkei News, the board of directors of Nissan Motor Co., Ltd. decided to re-appoint Stephen Ma to take charge of the business in China, and JÉRÉMIE PAPIN, the chairman of Nissan Americas Company, will replace Ma Zhixin as the chief financial officer. In 2012, Ma Zhixin served as vice president of Dongfeng Co., Ltd., then transferred back to Nissan headquarters in 2018 and was promoted to chief financial officer the following year.