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By 11:21, 100 stocks in the two cities had daily limit.FTSE China A50 index futures fell to 3%.In the first 11 months, the export of mechanical and electrical products was 13.7 trillion yuan, up 8.4%. According to the data of the General Administration of Customs, in the first 11 months of this year, the export of mechanical and electrical products was 13.7 trillion yuan, up 8.4%, accounting for 59.5% of China's total export value in the same period. The export of containers and agricultural machinery increased by 108.7% and 23.1% respectively; The export of ships and motorcycles increased by 65.3% and 24.8% respectively; Exports of flat panel display modules, automatic data processing equipment and their parts increased by 20% and 11.4% respectively. In terms of imports, in the first 11 months of this year, the imports of energy products and mineral products increased by 6.3% and 4.3% respectively; Imports of mechanical and electrical products reached 6.35 trillion yuan, up by 7.5%, of which aircraft parts and electronic components increased by 13.7% and 10.5% respectively. (CCTV News)

Market News: Israeli Prime Minister Benjamin Netanyahu entered the court for corruption trial.Wu Yingjie, former member of the 14th Chinese People's Political Consultative Conference Standing Committee and former director of the Culture, Literature, History and Learning Committee, was expelled from the Party and public office for serious violation of discipline and law, and Wu Yingjie, former member of the 14th Chinese People's Political Consultative Conference Standing Committee and former director of the Culture, Literature, History and Learning Committee, was expelled from the Party and public office for serious violation of discipline and law. (CCTV News)Aerospace Electromechanical: It is planned to reduce the capital of its wholly-owned subsidiary, Hong Kong Holdings, by 52.5 million US dollars. Aerospace Electromechanical announced on the evening of December 10 that in order to improve the efficiency of capital use and reduce the risk of overseas operation, while ensuring the normal operation of Shanghai Aerospace Holdings (Hong Kong Holdings) Co., Ltd. (hereinafter referred to as "Hong Kong Holdings"), the company plans to reduce the capital of its wholly-owned subsidiary, Shanghai Aerospace Holdings (Hong Kong) Co., Ltd. by 52.5 million US dollars. After the company recovers the capital reduction, it will all be used to repay the M&A loan.

Fuyi Wine intends to acquire Chinese wineries to be used as the production base of Penfolds brand. Fuyi Wine Group said that it will spend RMB 130 million to acquire 75% equity of Ningxia Stone & Moon Winery in Ningxia, China. The company listed on the Australian Stock Exchange plans to use 106 acres of high-quality vineyards of the winery for the production of Penfolds wine. Fuyi Wine Group can acquire the remaining shares of Wangyueshi Winery in five years. It is reported that the Penfolds brand was founded in 1844. Penfolds wine is mainly produced in Australia, but some of it is brewed from grapes grown in France and California. (Liu Xu, head of the expert group of the third national survey of agricultural germplasm resources: The germplasm resources improvement plan has been started. On December 10th, 2024, the Ministry of Agriculture and Rural Affairs held a press conference on introducing the national survey of agricultural germplasm resources. Liu Xu, an academician of China Academy of Engineering and the leader of the expert group of the third national survey of crop germplasm resources, said at the meeting that most of the resources currently preserved are traditional local varieties and wild related species, on the one hand, they are rich in excellent traits and genetic resources, but most of them are heterogeneous groups, with more genetic burdens, and the good traits are prominent, and the bad ones are also in them, so it is difficult to directly use them in breeding, and it needs to be improved and transformed. Because of the long period, high investment and slow effect of resource improvement, breeders are generally reluctant to engage in the improvement and creation of basic materials, which is one of the important factors that lead to the narrow genetic basis of breeding and restrict the improvement of current breeding innovation ability. This year, we have started to implement the germplasm improvement plan. As the first step, we will start with the most urgent improvement and innovation of maize germplasm resources, try first and try hard to solve the dilemma of insufficient germplasm resources. We want to create a number of excellent varieties that are "available, easy to use and want to use" and provide germplasm support for accelerating the cultivation of breakthrough new varieties. In the next step, we will summarize and implement it while gradually extending it to important crops such as soybeans and rapeseed.8.8 billion cubic meters of natural gas is supplied to Hubei. It was learned from Huazhong Company, the State Pipe Network Group, that on the basis of delivering more than 8.2 billion cubic meters of natural gas to Hubei last year, considering the growing demand for natural gas in Hubei, the company further implemented the natural gas supply resources. It is estimated that 8.8 billion cubic meters of natural gas can be delivered to Hubei this year, accounting for 97.7% of Hubei's natural gas market, which can guarantee Hubei's people's livelihood and economic development needs this winter.