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Traders closed the US federal funds rate in future positions before the release of key data. The federal funds futures market continued to be active on Monday, and capital flows were sold off in the US market in early trading. Then the open positions of January and February contracts fell, indicating that the market closed before the release of November CPI data on Wednesday.Haiyou New Materials: It is planned to set up a subsidiary in the United States with a total investment of not more than 10 million US dollars. Haiyou New Materials announced that the company plans to set up a subsidiary HIUV Applied Materials Company in the United States to implement polymer special membrane projects with a total investment of not more than 10 million US dollars. The project aims to improve the international competitiveness of the company's products and achieve the localized production and market-oriented extension of the company's photovoltaic packaging film in the US market. The project still needs to go through the formalities of approval, filing and licensing at home and abroad, and there are approval risks and operational risks. The board of directors of the company has reviewed and approved the proposal, and investment matters do not need to be submitted to the shareholders' meeting for consideration.In the first 11 months of this year, the national railway construction made a new breakthrough. Since this year, the construction of railway projects in many places in China has made a new breakthrough. The reporter learned from China National Railway Group Co., Ltd. that from January to November this year, the national railway completed fixed assets investment of 711.7 billion yuan, up 11.1% year-on-year, and the construction of modern railway infrastructure system was promoted with high quality, which gave full play to the effective driving role of railway investment in the whole society. Recently, a number of railway projects have been opened or will be opened soon: the Milan-Ruoqiang section of Lop Nur-Ruoqiang Railway has been opened for operation; Shanghai started trial operation via Suzhou-Huzhou high-speed railway, Jining via Datong-Yuanping high-speed railway, and Huairou-Daxing intercity railway from Langfang North to Daxing Airport. At the same time, the railway department promoted railway construction with high quality and efficiency, strengthened safety, quality, environmental protection and investment control, and made positive progress in a number of key projects. (Xinhua News Agency)

Under the expectation of the central bank's interest rate, the pound/euro rose to a high of more than two and a half years, and the pound/euro once rose to a high of more than two and a half years, because investors expected the European Central Bank to cut interest rates on Thursday and provide some dovish guidance, while the Bank of England is expected to maintain its current policy next week. Earlier, some media quoted Bank of England Governor Bailey as saying that the Bank of England had included four interest rate cuts in 2025 in the latest economic forecast. Another analyst predicts that US tariffs will harm the euro zone economy and the euro. However, as Bank of England Commissioner Greene said, its impact on Britain is still unclear. Jane Foley, senior foreign exchange strategist at ABN amro, said: "This raises the question of whether the pound can reach the level before the Brexit referendum in the foreseeable future." Before the Brexit referendum, the trading range of the euro against the pound was mainly below 0.80. "We expect that the euro will face pressure next year, which may keep the euro/pound on a slow downward track. This shows that the level before Brexit may appear quietly. "Institution: Although there are no major events in the UK, there are still opportunities for GBP/Euro to strengthen. Analysts of Monex Europe said in a report that GBP/Euro has recently risen to its highest level since March 2022, and even if there are no British events affecting the market on Tuesday, GBP/Euro may continue this increase. They said: "The recent similar calm period has greatly benefited the pound, which makes us think that the pound may continue yesterday's gains against the euro." However, due to the general strength of the US dollar, the pound remained stable against the US dollar.TikTok submitted an urgent motion to try to prevent the US ban law from coming into effect. On December 9, local time, ByteDance's TikTok issued a statement in official website and its official account, saying that it had submitted an urgent motion to the US Court of Appeals for the District of Columbia Circuit to prevent the TikTok ban law from coming into effect. Earlier, the U.S. Federal Court of Appeals ruled that the decree signed by U.S. President Biden mandatorily requiring ByteDance companies to sell TikTok in the United States should be upheld for national security reasons. (CBN)

Market News: Doctors say that the Brazilian President will be unable to work in the next few days. After observation, Lula is expected to return to normal life.Today, 9,752,800 shares were traded at a discount, with a turnover of 136 million yuan. Today, 9,752,800 shares were traded at a discount, with a turnover of 136 million yuan, accounting for 22.76% of the total turnover of the day. The transaction price was 13.92 yuan, which was 1.97% lower than the market closing price of 14.2 yuan.FTSE China A50 index futures fell to 3%.