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Increase to 6 flights per week. The Shanghai-Riyadh route of China Eastern Airlines will be encrypted soon. It was learned from China Eastern Airlines on December 12 that recently, China Eastern Airlines announced that it will encrypt the direct flight route from Shanghai to Riyadh from 3 flights per week to 6 flights per week from February 21, 2025.Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board. On the afternoon of December 9, 2024, Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board, and his party by appointment. The two sides had an in-depth exchange of views on the work of the Financial Stability Board, the financial stability situation in China and the economic and financial policies of major economies. (Ministry of Finance website)Indian Trade Secretary: India will need more imports to maintain high growth, and should not be too worried about the trade deficit.

Li Bin: Fang Hongbo, chairman of Midea, will be the chief experience officer of Weilai ET9 and will test drive together. Li Bin, founder, chairman and CEO of Weilai, announced that Weibo said that Fang Hongbo, chairman of Midea, will be the chief experience officer of Weilai ET9 and test drive this upcoming administrative flagship together. Li Bin said that he asked Fang Hongbo three questions, and Fang Hongbo's answer about market competition was very good: "Actively participate in involution, compare cost and efficiency, and at the same time bravely jump out of involution, don't roll on the floor, and pierce the ceiling." (Sina Technology)The concept of Internet finance strengthened in the afternoon, with Zhaori Technology's daily limit rising, Zhaori Technology and Guolian Securities' daily limit rising, huijin technology rose more than 15%, and Harbin Investment Co., Ltd., Fortune Trend, Winning Time and Straight Flush also rose.SAIC: Haitong Taicang Automobile Terminal has been put into production and operation. According to the official WeChat official account news of SAIC, today, Haitong Taicang Automobile Terminal jointly built by SAIC, Shanghai Port Group and Jiangsu Port Group has been put into production and operation, with an annual throughput of 1.3 million vehicles.

Spring Festival travel rush's first day train tickets will be sold on 31st of this month. The student booking service was launched today. It was learned from China State Railway Group Co.,Ltd. today (12th) that Spring Festival travel rush will be launched on 14th of January next year in 2025, and Spring Festival travel rush's first day train tickets will be sold on 31st of this month. In view of students booking tickets during Spring Festival travel rush, Railway 12306 launched a new function today.Afternoon comments on Hong Kong stocks: Hang Seng Index rose by 1.72%, Hang Seng Technology Index rose by 2.55%, Hong Kong stocks closed at noon, Hang Seng Index rose by 1.72% and Hang Seng Technology Index rose by 2.55%. Chinese brokerage stocks and consumer stocks were among the top gainers, with China Merchants Securities, Mengniu Dairy and Tongcheng Travel up over 7% and over 5% respectively.Shanghai Minhang issued 50 opinions to promote high-quality industrial development and strengthen high-quality financial empowerment. The Minhang District People's Government of Shanghai issued the Policy Opinions on High-quality Industrial Development in Minhang District (Trial) on December 12, aiming at improving the basic industrial capacity and the modernization level of industrial chain, accelerating the concentration of various advanced production factors to the development of new-quality productive forces, and promoting the high-quality industrial development in Minhang District. The opinion proposes to strengthen the empowerment of high-quality finance, form a 30 billion yuan "special loan for high-quality development of enterprises in Minhang District", give preferential interest rates to loans, and give subsidies according to a certain proportion of loan interest. Form a credit line of 20 billion yuan "Minhang District Special Loan for Supporting New Infrastructure Construction" to give gradient support to various fixed assets projects.