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Tang Lin, a former director-level cadre of the Higher People's Court of Guizhou Province, held a trial in the first instance. On December 12, 2024, the Intermediate People's Court of tongren city, Guizhou Province held a trial in the first instance to hear the case of Tang Lin, a former director-level cadre of the Higher People's Court of Guizhou Province. Tongren city People's Procuratorate prosecuted the charges: During 2012-2023, defendant Tang Lin took advantage of his position as President of Liupanshui Intermediate People's Court, Vice President of Guizhou Higher People's Court, Director of Legal Affairs Office of Guizhou Provincial People's Government, Executive Vice President of Guizhou Higher People's Court, and the convenience of his authority and position to help relevant units and individuals in handling cases, and illegally accepted other people's property totaling RMB 21.47 million. From December 2007 to January 2011, Tang Lin took advantage of his position as the president of Liupanshui Intermediate People's Court to facilitate the illegal possession of public property with others, totaling RMB 660,000, of which RMB 330,000 was shared by individuals. The public prosecution agency requested Tang Lin to be investigated for criminal responsibility for accepting bribes and corruption. (Dynamic and static Guizhou)Huadong Pharmaceutical has established a new company in Jiaxing with a registered capital of 60 million yuan. According to Tianyancha App, Huadong Pharmaceutical (Jiaxing) Co., Ltd. was recently established with Zhu Li as its legal representative and a registered capital of 60 million yuan. Its business scope includes drug wholesale, drug retail, decoction service for Chinese herbal pieces, third-class medical device operation, drug Internet information service, drug import and export, third-class medical device rental and medical device Internet information service. According to shareholder information, the company is wholly owned by Huadong Pharmaceutical (000963).Reuters survey: the short bet of won is at the highest level since October 20, 2022; Indian Rupee's short bet reached the highest level since November 17, 2022; Investors reduced their short bets on Philippine peso, Indonesian rupiah, Thai baht and Singapore dollar.

Assistant Foreign Minister Liu Bin attended and delivered a speech at the high-level meeting of "Friends of Neutrality" in Turkmenistan. On December 11, 2024, Assistant Foreign Minister Liu Bin attended and delivered a speech at the high-level meeting of "Friends of Neutrality" in Turkmenistan. Liu Bin pointed out that China is willing to join hands with Turkey, international organizations represented by the United Nations and other countries in the world to promote the construction of a beautiful world with lasting peace, universal security, common prosperity, openness, tolerance, cleanliness and beauty. Representatives from Russia, Kazakhstan, Iran, Qatar and other countries and UN officials attended the meeting.Enterprise IT Expenditure Survey: Google Cloud is expected to be the first choice for 50% of the respondents. Tae Kim, a science and technology columnist, wrote that according to a recent survey, Google Cloud has risen rapidly in the enterprise AI expenditure competition and may become the winner. According to the 2025 CIO survey released by Piper Sandler, 81 CIOs were asked about their budget priorities in different suppliers and technical fields. According to the survey, 87% of CIOs surveyed expect to increase the IT budget in 2025, which is the highest proportion of the survey since 2020. In this survey, the status of Google Cloud has risen significantly, surpassing Microsoft and OpenAI to become the "most strategic" AI supplier, with a support rate of 27%, a significant increase from 15% six months ago. Relatively speaking, Microsoft's support rate dropped from 33% to 24%. When asked which cloud company they plan to use to test or implement AI projects next year, 50% of the respondents chose Google Cloud, making it the top AI infrastructure provider. In addition, Harsh Kumar, a Piper semiconductor analyst, pointed out that these results are also beneficial to Invista, because all cloud companies are the main buyers of AI chips in NVIDIA. Kumar estimates that the entire AI chip market will have more than $500 billion in business opportunities by 2028.There are 695 listed companies in Jiangsu Province. According to the latest statistics of Jiangsu Listed Companies Association, there were 695 listed companies in Jiangsu Province by the end of November, including 15 new companies this year. Among the 695 companies, there are 216 main boards of Shanghai Stock Exchange, 110 in science and technology innovation board, 126 main boards of Shenzhen Stock Exchange (including one pure B-share), 196 Growth Enterprise Market and 47 North Stock Exchange. By geographical distribution, the total number of listed companies in Suzhou is far ahead in the province, reaching 219, 124 in Nanjing, 123 in Wuxi and 72 in Changzhou. In terms of A-shares, as of the end of November, there were 694 A-share listed companies in Jiangsu Province with a total market value of 6,745.231 billion yuan, accounting for 12.92% and 7.80% of the corresponding total of A-share listed companies respectively.

On the 12th, South Korea's National Assembly voted to pass a special civil strife inspection law to investigate President Yin Xiyue's suspicion of civil strife. (Xinhua News Agency)Lu Dongsheng was appointed Deputy Secretary and General Manager of the Party Committee of Shanghai Futures Exchange. The Party Committee of China Securities Regulatory Commission decided that Comrade Lu Dongsheng was appointed Deputy Secretary and General Manager of the Party Committee of Shanghai Futures Exchange. Comrade Wang Fenghai no longer serves as deputy secretary and general manager of the Party Committee of Shanghai Futures Exchange. (website of last issue)Informed sources: The main reason for the extreme flash crash is Baidu's divestment. Many people familiar with the extreme flash crash believe that the main reason is Baidu's divestment. Baidu insiders told that in October 2024, the company sent a financial team to make preparations for the follow-up investment of 3 billion yuan: "As a result, it was found that there were as many as 7 billion financial holes and it was decided not to continue investing." (Caixin)