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The decline of FTSE China A50 index futures quickly expanded to 1%.In the first 10 minutes, the turnover of Shanghai and Shenzhen stock markets exceeded 500 billion, exceeding 200 billion compared with yesterday.Hong Kong auto stocks opened higher, with Weilai Auto (09866.HK) up 6.7%, Xpeng Motors (09868.HK) up 6.2% and LI (02015.HK) up 3.4%.

FTSE China A50 index futures are now down 1% in short-term diving.The United States ITC issued a final ruling on 337 parts of products containing telpotide. According to China Trade Relief Information Network, on December 9, the United States International Trade Commission (ITC) announced that, For certain products containing tilloptide and products sourcing to contain tilloptide, The investigation code: 337-TA-1377) made a final ruling in part 337: to solicit opinions on the public interests involved in the suggested relief measures made by the administrative judge in this case on December 6, 2024. If there is infringement in this case, the suggested relief measures are (1) to issue a general exclusion order on the products involved in the US export, import and sale of infringing US registered patent numbers. (2) Or to the defendant Mew Mews Company Limited in Hong Kong, China, Audrey Beauty Co in Hong Kong, China, Spanish Super Human Store, American Triggered Supplies LLC (D/B/A The Triggered Brand), Strate Labs LLC of the United States and Xiamen Austria Trading Co., Ltd. (D/B/A Austria Propide) of China issued general or limited exclusion orders for infringing products exported, imported and sold in the United States. (3) Issue general or limited exclusion orders and prohibition orders to listed defendants: American Arctic Peptides LLC, American Triggered Supplements LLC (D/B/A The Triggered Brand) and American Strate Labs LLC.The main contract of rebar rose by 4.00% in the day, and is now reported at 3452.00 yuan/ton.

Topcon is reported to have received an offer from KKR and EQT.SDIC Power set up a new energy development company in Hainan. The enterprise search APP shows that SDIC (Hainan) New Energy Development Co., Ltd. was established recently, with Gong Xiaoyong as the legal representative and a registered capital of 30 million yuan. Its business scope includes: technical services for wind power generation; Technical services for solar power generation; Power generation technical services; Energy storage technology services; Research and development of emerging energy technologies. Enterprise investigation shows that the company is wholly owned by SDIC Power.American enterprises filed a 337 investigation application for a specific urine splash-proof device and its components. According to the Ministry of Commerce, on December 5, 2024, For Kids By Parents,Inc of the United States filed an application with the US International Trade Commission in accordance with Section 337 of the US Tariff Act of 1930. Accused that certain urine splash guards and components there exported to, imported from or sold in the United States infringed its patent right, requested to initiate 337 investigation, and issued general exclusion order, limited exclusion order and prohibition order. Ten enterprises in China were involved in the case.