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Shanghai's "trade-in" has driven consumption to exceed 10 billion yuan. According to the statistics of Shanghai Jiaodian Household Appliances Business Association, as of December 11, Shanghai's household appliances consumption subsidy activities have achieved remarkable results, and the number of people participating in the trade-in of household appliances in Shanghai has exceeded 3.57 million. The sales of eight categories of household appliances, including air conditioners, computers and refrigerators, covered by the state subsidy increased by 30%-40% year-on-year. During the implementation of the policy, the cumulative amount of subsidies reached 1.165 billion yuan, and the consumption of household appliances and household products by all platforms exceeded 10 billion yuan. (Liberation Daily)Fitch: It is estimated that the sales growth rate of food, beverage, tobacco and consumer goods will be in low single digits in 2025.Morgan Stanley downgraded Hysan Industrial to a low rating with a target price of HK$ 13.

Fitch: It is estimated that the sales growth rate of food, beverage, tobacco and consumer goods will be in low single digits in 2025.The first fiscal quarter EPS of the market opener/Costco was $4.04, and analysts expected $3.81.The Federal Reserve's loan balance in the discount window in the week of December 11th was $2.61 billion, compared with $2.43 billion in the previous week. The balance of bank term financing loans in the week of December 11th was 15.6 billion US dollars, compared with 17.1 billion US dollars in the previous week.

The Israeli bombing of Nuseilet refugee camp in central Gaza has killed 30 people. The reporter of the General Station learned on the evening of 12th local time that the death toll from the Israeli bombing of a building in Nuseilet refugee camp in central Gaza has risen to 30.Yuanda Jinghua Securities upgraded the rating of Taiwan Optoelectronic Materials to Buy with a target price of 660 yuan NT.New Zealand's manufacturing performance index in November was 45.5, with the previous value of 45.8.