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On December 10th, it was reported that Yizi International, a snack and candy company, was exploring the acquisition of Hershey, a well-known chocolate manufacturer in the United States. This potential transaction is expected to create a food giant with a total sales of nearly $50 billion. People familiar with the matter said that Yizi had made preliminary contact on a possible merger. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey. People familiar with the matter said that the consultation was at an early stage and it was uncertain whether an agreement would be reached.Citic Lyon: We are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange, but we should pay attention to the fluctuation of H shares of Chinese brokers. Citic Lyon issued a report saying that we are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange (00388.HK), and noted that china galaxy (06881.HK) is highly sensitive to the transaction costs of A-share securities. Citic Lyon expects that the A-share trading volume will remain stable in 2025 with the support of favorable liquidity, ETF growth and structural shift of household balance sheets to financial assets, but the bank reminds investors to pay attention to the recent excessive fluctuation risk of H-share brokers.European regulators have learned to investigate the advertising agreement between Google and Meta for teenagers. European regulators have learned to investigate the advertising agreement between Google and Meta for teenagers and have asked Google to provide more information about the cooperation with Meta's secret advertising. According to informed sources, European Commission officials have been investigating a series of advertising activities on YouTube to promote Instagram to young people.

Luxshare 500 million yuan set up an automobile technology company. The enterprise search APP shows that Lixun Automobile Technology (Jiangsu) Co., Ltd. was established recently, with the legal representative of Zhang Xueqi and the registered capital of 500 million yuan. Its business scope includes: automobile parts and accessories manufacturing; Research and development of auto parts; Wearable smart device manufacturing; Industrial robot manufacturing and so on. Enterprise equity penetration shows that the company is wholly owned by Luxshare.BYD's patent for remote vehicle moving was authorized, and Tianyancha's intellectual property information showed that on December 10th, the patent for "control method, device and vehicle for remote vehicle moving" applied by BYD Co., Ltd. was authorized.Personal pension products are about to expand greatly, and the debt base, index and active equity funds that meet the standards can all issue Y shares. It is learned from many public offerings that the Y shares of personal pension funds are about to expand greatly. The types of funds that can set up Y shares will be expanded from pension FOF to bond funds, index funds, active equity funds and other types. Some insiders said that fund companies do not need to report specific products that want to issue Y shares, and the Ministry of Human Resources and Social Security will uniformly announce the standards (scale, rate, performance, etc.) that can be included in the expansion, and products that meet the standards will naturally be included in the alternative pool. "The first step is to open bond funds, the second step is index funds, and the third step is active equity funds." Many insiders confirmed, but the specific expansion rules will be announced by the CSRC and the Ministry of Human Resources and Social Security. "It is expected this week." (Interface News)

The Hang Seng Science and Technology Index fell, having previously risen by more than 4%; The increase of Hang Seng Index narrowed to 0.4%, after rising by more than 3%.UN Special Envoy for Syria: Many Syrians want to go home, but the livelihood situation in Syria is still full of challenges.International Air Transport Association (IATA): The global aviation industry will achieve a profit of $36.6 billion in 2025, up from $31.5 billion in 2024.