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Valin Steel: It plans to sell 100% equity of Valin E-commerce for 480 million yuan. Valin Steel announced that it plans to sell 100% equity of Hunan Valin E-commerce Co., Ltd., a wholly-owned subsidiary, to the controlling shareholder Hunan Iron and Steel Group Co., Ltd. at a transaction price of 480 million yuan. Valin e-commerce is mainly engaged in commodity trading business. On October 31, 2024, the audited net assets were 442 million yuan, and the estimated value-added rate was 8.60%. This transaction will help the company to focus on its core business, optimize resource allocation and improve asset quality and profitability. After the completion of this transaction, Valin E-commerce will become a new related party of the company, and it is expected that the daily related transactions between the company and Hunan Iron and Steel Group will increase every year.Valin Steel: The subsidiary plans to invest 2.499 billion yuan to build the technology development and industrial application project of extra-large diameter seamless steel pipe continuous rolling. Valin Steel announced that the subsidiary Valin Henggang plans to invest 2.499 billion yuan to build the technology development and industrial application project of extra-large diameter seamless steel pipe continuous rolling, and build the first advanced continuous rolling pipe production line with the largest diameter in the world. The construction period of the project is 18 months. After completion, Valin Henggang can realize the continuous rolling production of extra-large diameter seamless steel pipes with an outer diameter of φ 323 mm ~ 610 mm and a wall thickness of 7.3 mm ~ 60 mm. The project is funded by bank loans of 1-1.5 billion yuan, shareholders' capital increase of 1 billion yuan and their own funds.USD/JPY of USD/JPY hit 151, rising by 0.75% in the day.

The third fuse was triggered in the US stock market, which rose by 147.32% before the fuse.Liu Jianchao met with Shi Resta, First Vice Chairman of CPN (Maoist Center). On December 9, Liu Jianchao, Minister of International Liaison Department of CPC Central Committee, met with Shi Resta, First Vice Chairman of Nepal communist party (Maoist Center). The two sides exchanged views on implementing the important consensus of the leaders of the two countries, strengthening inter-party exchanges, deepening cooperation in building the "Belt and Road" and promoting the development of relations between the two parties and the two countries. (Xinhua News Agency)Ramsden, Deputy Governor of the Bank of England: The repricing of the national debt after the budget is indeed very orderly.

According to the Interfax news agency, Ukraine reported that Ukrainian President Zelensky said that there are nearly 800,000 Russian troops in Ukraine.British Prime Minister Stamer: Stability in the Middle East is crucial to ensuring domestic security, and promised to strengthen Britain's participation in the Middle East to support long-term stability.Deutsche Bahn Freight Company announced that it will lay off 5,000 people. On December 8, local time, Deutsche Bahn Freight Company announced that it will lay off 5,000 people by 2029, of which 1,000 will be laid off first in 2025. Deutsche Bahn's freight business has been losing money for many years, and the company hopes to turn losses into profits before 2026. In October this year, the company decided to implement a restructuring plan. This plan was originally scheduled to lay off 2,300 people from 2025, and the scale of layoffs has expanded. (CCTV Finance)