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2024-12-13 05:41:48

South Korea's stock market rebounded after its market value evaporated by $100 billion due to the political crisis. South Korea's stock market rebounded on Tuesday, which was the first rise since the martial law storm caused the country to fall into political turmoil last week. South Korea's Kospi index rose more than 2% in early trading, after its recent decline pushed it to the edge of a bear market. The Kosdaq small-cap stock index rose more than 4%. In the four trading days as of Monday, the total market value of these two index companies evaporated by $100 billion. South Korean authorities have repeatedly promised to take all measures to stabilize market sentiment, saying that the recent market trend is "excessive" considering the country's economic fundamentals. President Yin Xiyue survived the parliamentary impeachment vote over the weekend, but the opposition party vowed to continue to push him to step down.Su Chuanbao, member of the Party Committee and deputy director of Wuhu Municipal Transportation Bureau, accepted disciplinary review and supervision investigation. According to Anhui Discipline Inspection and Supervision Network, Su Chuanbao, member of the Party Committee and deputy director of Wuhu Municipal Transportation Bureau, is suspected of serious violation of the law and is currently under disciplinary review and supervision investigation by the Supervision Committee of Wuhu Municipal Commission for Discipline Inspection.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%.Ubs keeps the rating of western oil companies neutral.Spot gold hit $2,670 per ounce, up 0.36% in the day.


Robot concept stocks continue to be active, and many stocks such as Sinoresearch Technology have daily limit. The popular stock Taier shares have 9 consecutive boards, and Eft has increased by more than 3 times since November. In addition, Sinoresearch, Fenda Technology, Astar, construction industry, Tianqiao Lifting and Giant Wheel Intelligent have daily limit, and Huachangda, Sanfeng Intelligent and Worth Buying have increased by more than 10%.The three major stock indexes opened higher, with the Shanghai Composite Index up 2.58%, the Shenzhen Component Index up 3.66% and the Growth Enterprise Market up 4.88%.China's SME development index rose for the second consecutive month, which was released today (10th) by China Small and Medium Enterprises Association. In November, China's SME development index was 89.2, up 0.2 point from October and rising for two consecutive months. China Small and Medium Enterprises Association believes that the main driving force for the continuous rise of the index is that a series of stock support policies continue to exert their strength. At the same time, since September, a package of incremental policies has begun to take effect, and various positive factors have accumulated, which has led to the improvement of the prosperity level of small and medium-sized enterprises. Ma Bin, executive vice president of China Small and Medium Enterprises Association, said that in November, the comprehensive operation index and benefit index of small and medium-sized enterprises rose by 0.5 points respectively, both the biggest increases this year. At the same time, the long-term high cost index has dropped significantly, which is very rare. It shows that the improvement of the prosperity level of small and medium-sized enterprises is based on a virtuous circle, and this wave of "two consecutive rises" has a high gold content.

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