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Beijing's subsidy policy for old vans has been extended to the end of the year. The Beijing Municipal Bureau of Ecology and Environment said yesterday that in order to meet the needs of car owners for trade-in, the city issued the Notice on Adjusting the Implementation Rules for Beijing to Further Promote the Scrapping and Updating of Old Wagons and Large and Medium-sized Buses with Emission Standards of Grade 4 and below, extending the application time of subsidies, expanding the scope of benefits of subsidies, and further stepping up efforts to promote the scrapping and updating of old trucks and large and medium-sized buses with emission standards of Grade 4 and below in the city. The applicable time of subsidy is extended from August 26th, 2024 to December 10th, 2024 to August 26th, 2024 to December 31st, 2024. In addition, this time, subsidies have been added to the owners of micro, light and medium-sized trucks that meet the four emission standards of scrapped countries from August 26 to December 31, 2024. Among them, the scrapped national four emission standards for micro and light trucks are subsidized by 15,000 yuan/vehicle; The subsidy for medium-sized trucks with four emission standards in scrapped countries is 25,000 yuan/vehicle.Bank of Communications International: In November, the penetration rate of new energy vehicles in the mainland was 52.3%, and the performance in December was optimistic. Bank of Communications International published a research report to give the mainland auto industry a leading rating. According to the report, the retail sales of passenger cars increased by 16.5% year-on-year in November; The retail penetration rate of new energy vehicles was 52.3%, exceeding 50% for the fifth consecutive month, and the retail sales of new energy vehicles increased by 50.5% year-on-year. In November, the export growth slowed down, and the proportion of new energy vehicles fell to 20%. The bank pointed out that considering that the Spring Festival in 2025 is earlier than that in 2024, some car purchases before the Spring Festival will be completed by the end of 2024, and the subsidy policy for trade-in will enter the final stage in December, and some car companies are also sprinting sales through promotional activities. The bank expects the passenger car market in December. It is expected to maintain the potential of the current retail sales to continue to increase year by year. However, after the sales sprint in December, the auto market entered the off-season of consumption, so it is necessary to be cautious that the stock price performance of the auto sector may fluctuate.JPMorgan Chase: The momentum of Xiaomi's electric vehicle will continue to be rated as "overweight". According to a research report published by JPMorgan Chase, Xiaomi Group announced that it will launch the second electric vehicle named Xiaomi Yuqi in the middle of next year, which is an SUV model. The product portfolio of electric vehicle business continues to expand, reflecting that the Group's ability to enter the electric vehicle market is better than market expectations. The delivery target of Xiaomi SU7, the first electric vehicle, has also been raised twice, and the gross profit margin of electric vehicle business has reached a medium-high level in the first two quarters, far exceeding the initial market expectation and only recorded a slight gross profit margin. Motong said that at present, we are waiting for the Group to announce more details about the new car's life, pricing and battery. We believe that the strong sales momentum of SU7, the profitability of the Group's core business and electric vehicle business, and the expectation that new models will be launched in the second half of next year will continue to promote the stock price in the next 6 to 12 months. The positive catalysts in the future include more details or pricing of YU7, further expansion of electric vehicle production capacity, exceeding expectations in core business performance, and large-scale and national consumption stimulus measures introduced by the country in the future.

Starbucks China responded to the newly created position of Chief Growth Officer: to promote the sustainable development of Starbucks brand in China. Recently, some media reported that the management of Starbucks China continued to adjust and hired CGO to manage the growth from digital marketing companies. In response to the above information, Sina Technology verified Starbucks, and the official response said: China is Starbucks' largest international market and an important engine for the company's future growth. In November, Starbucks China established the Chief Growth Officer (CGO) organization and appointed Tony Yang as the company's Chief Growth Officer (CGO). The establishment of CGO organization will continue to strengthen Starbucks' coffee leadership, accelerate the product innovation with coffee as the core, better refresh customers' Starbucks experience at various contacts through integrated marketing strategies, and promote the sustainable development of Starbucks brand in China. At present, Starbucks has more than 7,600 stores in China, reaching a new development milestone covering 1,000 county-level markets. (Sina Technology)The Taiwan Affairs Office of the State Council refutes Lai Qingde's fallacy of so-called transit to the United States. CGTN reporter from the Central Radio and Television General Station: Lai Qingde falsely claimed that "the biggest challenge at present is the threat of China" when he transited to Hawaii in the United States a few days ago. What's your comment on Taiwan Province's future development plan and threatened to "strengthen its national defense forces"? Zhu Fenglian, spokesperson of the Taiwan Affairs Office of the State Council, said: We resolutely oppose any form of official exchanges between the United States and Taiwan, and resolutely oppose the "transit" of Taiwan Province leaders to the United States under any name and for any reason. Lai Qingde's so-called "transit" is essentially "seeking independence by relying on foreign countries", trying to mislead international public opinion and people on the island by peddling its "Taiwan independence" proposition. At present, the biggest challenge in cross-strait relations is that the Democratic Progressive Party authorities stubbornly adhere to the "Taiwan independence" stance, link up with external forces to frequently provoke "independence" and tie Taiwan Province to the "Taiwan independence" chariot. We are telling the Democratic Progressive Party authorities to give up the illusion of "seeking independence by force" and "seeking independence by relying on foreign countries" at an early date and stop the "Taiwan independence" separatist activities. Only by returning to the "1992 Consensus" which embodies the one-China principle can cross-strait relations return to the correct track of peaceful development and the development future of Taiwan Province be effectively guaranteed.China Merchants Bank applied for a trademark of a big model. According to the information of intellectual property rights, China Merchants Bank Co., Ltd. recently applied for the registration of the trademark of "YiZhao big model" and "YiZhao big model of China Merchants Bank". The international classification is advertising sales, website services and scientific instruments, and the current trademark status is awaiting substantive examination.

Hong kong stocks minimally invasive robots rose more than 13%. The company completed the placement of a total of 34.7 million shares, and the net proceeds from the placement were about HK$ 266 million.Starbucks China responded to the newly created position of Chief Growth Officer: to promote the sustainable development of Starbucks brand in China. Recently, some media reported that the management of Starbucks China continued to adjust and hired CGO to manage the growth from digital marketing companies. In response to the above information, Sina Technology verified Starbucks, and the official response said: China is Starbucks' largest international market and an important engine for the company's future growth. In November, Starbucks China established the Chief Growth Officer (CGO) organization and appointed Tony Yang as the company's Chief Growth Officer (CGO). The establishment of CGO organization will continue to strengthen Starbucks' coffee leadership, accelerate the product innovation with coffee as the core, better refresh customers' Starbucks experience at various contacts through integrated marketing strategies, and promote the sustainable development of Starbucks brand in China. At present, Starbucks has more than 7,600 stores in China, reaching a new development milestone covering 1,000 county-level markets. (Sina Technology)Trump's son said that the United States will usher in the most pro-cryptocurrency president in history. Eric Trump, the son of US President-elect Donald Trump, said that his father's government will become the most cryptocurrency-friendly government in American history. At the Bitcoin Middle East and North Africa Conference held in the United Arab Emirates on Tuesday, local time, Eric said in his keynote speech: "You will welcome the most pro-cryptocurrency president in American history." He asked the audience to imagine a president who "will not allow Bitcoin and cryptocurrency to be over-regulated and stifled". Eric also revealed that after the riots on Capitol Hill in 2021, cryptocurrency became the economic lifeline of the Trump family. At that time, many banks and companies cut off contact with them, which made them realize the potential of cryptocurrency.