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Wells Fargo lowered the target price of LyondellBasell from $105.00 to $95.00.Market information: US federal judge blocked Kroger's $24.6 billion acquisition of Albertsons.The National Institutes of Health (NIH) found that Tecovrimat is safe, but it is not an effective solution to improve the symptoms of monkeypox patients.

A rational view of the surge in the bond market should not ignore the risks behind it. Recently, bond yields have dropped rapidly. When investors enjoy the dividends brought by the surge in the bond market, they must also remain rational and not ignore the risks behind them. The market has filled the expectations of the bond market. If there is a gap between future policy implementation and expectations, the market may have the possibility of substantial adjustment. Most financial institutions are bulls in the bond market. In the case of unilateral upward interest rates and no hedging instruments, once the market is obviously disturbed, it is necessary to be alert to the risk of trampling. At present, the yield of 10-year treasury bonds has dropped to 1.84%. Market participants should realize that the future downside is limited, but the upside is great. (SSE)Ferrari CEO: It is expected that the company will not face specific challenges under the Trump administration, and the impact of potential tariffs in the United States will be small. If Trump imposes tariffs on European goods, we will consider dealing with it. (Asked if we would consider making cars in America) We will make cars in Maranello.Shanghai Digital Exchange participated in drafting the Declaration of ITU CxO Conference to promote the facilitation of global data cross-border flow. On December 11th, the reporter learned from Shanghai Data Exchange that the Institute was recently invited to attend the CxO Roundtable held by ITU-T in Dubai, United Arab Emirates, to discuss the formulation of international standards in the field of information and communication with more than 20 corporate executives from more than 10 countries around the world. The ITU CxO Declaration, which was jointly drafted by Shanghai Data Exchange, was adopted at the meeting. The meeting also considered the briefing on the key achievements of the World Telecommunication Standardization Plenary Session (WTSA-24) held in New Delhi, India in October 2024. (SSE)

The Hang Seng Index closed roughly flat overnight at 20,435.00. The Hang Seng Technology Index closed down 0.22% at 4,618.00 points overnight.CEO of Ferrari: We have seen opportunities in different countries, but we need to grow at the right speed. We still plan to launch (the first) electric vehicles in 2025.US Department of Defense: the State Council approved the sale of vehicle maintenance equipment to Kuwait, with an estimated value of $300 million.