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Modern Pharmaceuticals: Sinopharm Zhijun, the holding subsidiary, obtained the drug registration certificate of Cefotaxime Tablets. Modern Pharmaceuticals announced that Sinopharm Zhijun Pharmaceutical Co., Ltd., the holding subsidiary, recently received the Drug Registration Certificate of Cefotaxime Tablets approved and issued by National Medical Products Administration. Cefopoxime axetil tablets are the third generation cephalosporins taken orally, which are used to treat upper respiratory tract infections and lower respiratory tract infections caused by sensitive bacteria. In 2023, the global sales of preparations will be USD 370 million, and the sales of public hospitals nationwide will be RMB 102 million. The accumulative R&D investment of Sinopharm Zhijun is about RMB 28.45 million. Obtaining the registration certificate will enrich the company's product line, increase market competitiveness and have a positive impact on the company's future development. However, drug sales are easily affected by factors such as policies and market environment, and there are uncertainties.UBS: It is estimated that by 2025, the price of Brent crude oil will rise to $80/barrel and WTI crude oil will rise to $75/barrel. Have a constructive view on the prospect of natural gas price in 2025 (the forecast is $3.50/million British heat in June and $3.60/million British heat in September).On the 11th, soybean oil rose by 1.72%, and the latest main contract positions changed as follows. According to the exchange data, as of December 11th, the main contract soybean oil closed at 2,505, up or down by +1.72%, with a turnover of 529,500 lots. The position data showed that the top 20 seats were clear, and the difference position was 59,880 lots. The total contract turnover of soybean oil futures was 685,800 lots, a decrease of 114,300 lots from the previous day. The first 20 seats in the contract held 687,800 lots, an increase of 15,900 lots over the previous day. The short positions in the top 20 seats of the contract were 775,600 lots, an increase of 3,312 lots over the previous day. (Sina Futures)

Market News: The Ukrainian military said that the attack on the Russian oil depot triggered a "fire".The Taiwan Affairs Office of the State Council introduced the annual meeting of the 2024 Cross-Strait Entrepreneur Summit. Zhu Fenglian, a spokesperson for the Taiwan Affairs Office, said that the 2024 Cross-Strait Entrepreneur Summit was successfully held in Xiamen, Fujian from December 9 to 10. More than 700 business people from both sides of the Taiwan Strait attended the annual summit. Focusing on the theme of "Building a new era industrial chain across the Taiwan Strait to promote cross-strait economic integration and development", they conducted in-depth discussions on issues such as promoting cross-strait industrial Internet innovation, building Taiwanese enterprises to land in their first homes, and innovating cross-strait financial service systems. The exchange atmosphere was warm, which fully demonstrated the common aspiration of cross-strait industries to strengthen exchanges and cooperation. (Riyue Tan Tian)On the 11th, the glass fell by 1.20%, and the latest main contract positions changed as follows. According to the exchange data, as of December 11th, the main contract glass 2501 closed, up or down by -1.20%, with a turnover of 365,200 lots. The position data showed that the top 20 seats were clear, and the difference position was 73,552 lots. The total turnover of glass futures contracts was 754,900 lots, a decrease of 1,229,700 lots from the previous day. The first 20 seats in the contract held 600,900 lots, an increase of 3,641 lots over the previous day. Short positions in the top 20 seats of the contract were 707,300 lots, an increase of 13,900 lots over the previous day. (Sina Futures)

The official notification that the hospital canteen was accused of selling spoiled rice: the report lacked sufficient evidence to support it, and the illegal facts of the canteen were not established. On December 11th, the Jiangnan District Market Supervision Administration of Nanning issued a briefing saying that regarding Hou Moumou's complaint about the "selling spoiled rice" in the canteen of the Second People's Hospital of Nanning (West Hospital) on September 9th, 2024, the Jiangnan District Market Supervision Administration sampled and inspected the rice in the canteen warehouse, and the testing institution did so on September 11th. According to the circular, the investigation of the case ended on December 6, 2024, and the Jiangnan District Market Supervision Administration determined that Hou Moumou's report on "selling rotten rice" in the canteen of Nanning Second People's Hospital (West Hospital) lacked sufficient evidence to support it, and the illegal facts of the canteen were not established.Changhong Meiling: It plans to use its own idle funds not exceeding 6.35 billion yuan to invest in wealth management products. Changhong Meiling announced that in order to improve the efficiency of the company's use of funds, increase the company's cash assets income, and maximize the interests of shareholders, the company and its subsidiaries (excluding Zhongke Meiling Cryogenic Technology Co., Ltd. and its subsidiaries) will use their own idle funds not exceeding 6.35 billion yuan (this amount can be used in a rolling way) to invest and purchase products with high safety, good liquidity and a term of less than one year.Market News: The Knesset group approved a bill to increase deficit ratio's GDP to 7.7%, which will be submitted to the Knesset plenary session for voting.