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The Australian dollar fell 1% against the US dollar to 0.6375.Xiaomi responded to the announcement of YU7 early. On December 10th, Xiaomi Auto released a question from a netizen (episode 103). Xiaomi Auto said that Xiaomi YU7 is expected to be officially launched in June and July 2025, and a large-scale road test is currently underway, which will continue the same high-quality delivery of Xiaomi SU7. Generally, the new car will only be announced by the Ministry of Industry and Information Technology 1-2 months before listing. Why did Xiaomi Yuqi announce it so early? Xiaomi Automobile responded: "The announcement so early is to remove heavy camouflage as soon as possible and carry out more rigorous road test verification, such as the most accurate NVH verification, energy consumption test and comprehensive durability test. We will ensure that Xiaomi YU7 will undergo a more comprehensive and detailed long-term large-scale test before the official listing to provide a more stable and reliable product experience. " Xiaomi Auto said that Xiaomi YU7 and Xiaomi SU7 follow the same family-style design language, and they all have a series of common features in body proportion posture, water droplet headlights, halo taillights, smooth and full ripple surfaces and aerodynamic duct design. Of course, as a brand-new SUV model, Xiaomi YU7 has also made innovative attempts in many design details.International Air Transport Association (IATA): It is estimated that the net profit of the aviation industry may reach 36.6 billion US dollars in 2025, and the number of air passengers may exceed 5 billion in 2025. On the 10th local time, IATA released the global aviation industry profit forecast for 2025. It is estimated that the net profit of the aviation industry will reach 36.6 billion US dollars in 2025, a slight improvement over 2024, and it is estimated that the net profit in 2024 will reach 31.5 billion US dollars. According to the report, despite the continuous cost and supply chain challenges, the profitability of the aviation industry has improved slightly. In addition, passenger traffic is expected to reach 5.2 billion in 2025, and the number of passengers will exceed 5 billion for the first time.

Zhang Ming, Secretary-General of the SCO: History will continue to prove the great vitality of the "Shanghai Spirit". The departure reception of Zhang Ming, Secretary-General of the Shanghai Cooperation Organization (SCO), was held in Beijing on the 10th. Zhang Ming said at the meeting that history has proved that the establishment of the SCO is a forward-looking decision, and history will continue to prove that the "Shanghai Spirit" has great vitality.The chief financial officer of Goldman Sachs said that it is expected that strategic M&A activities will accelerate in 2025.Kaitou Macro: Trump's influence on oil and gas may come from foreign policy. Kaitou macro economists said that President-elect Trump may influence the global oil and gas supply through foreign policy rather than domestic production or trade tariffs. "We doubt whether tariffs affecting the oil industry will be effective, and the impact will be limited in the short term," economists said. "At the same time, the decision to increase production will ultimately depend on private producers who have been strictly observing capital discipline since the outbreak." In terms of climate policy, Kaitou Macro said that the biggest threat will be to cancel the tax credit for electric vehicle buyers, which will put the promotion of this car in the United States at risk of further slowdown.

JPMorgan Chase Securities Co., Ltd. downgraded Samsung Electronics to neutral with a target price of 60,000 won. Jay Kwon, an analyst with JPMorgan Chase Securities Co., Ltd., was previously rated as over-allocated. The target price is 60,000 won, up by 11%.Norwegian Natural Gas Company: From December 11th to December 12th, Colesnes Natural Gas Treatment Plant stopped production 6 million cubic meters/day.ISHARES China ETF fell 4.3%.