Beijing Auto: BAIC Investment and Hyundai Motor invested US$ 1.095 billion in Beijing Hyundai. Beijing Auto announced that on December 11, 2024, BAIC Investment and Hyundai Motor entered into an agreement, and both parties agreed to jointly invest US$ 1.095 billion in Beijing Hyundai according to the proportion of their respective registered capital, and both parties invested US$ 548 million respectively. The capital injection will be carried out in stages. After the capital injection is completed, the registered capital of Beijing Hyundai will increase to US$ 4.074 billion, and Beijing Hyundai will still be owned by BAIC Investment and Hyundai Motor respectively, and will continue to be accounted for as a joint venture of the Company.Pakistan KSE-100 index rose 0.5% to 109,693.20.Good shop: shareholder Dayong Co., Ltd. reduced its holdings by 3% in this reduction plan, which has reached the upper limit of the reduction plan. The good shop announced that during the period from December 2, 2024 to December 10, 2024, shareholder Dayong Co., Ltd. reduced its holdings by 4,560,400 shares, accounting for 1.14% of the company's total share capital. As of December 11, 2024, shareholder Dayong Co., Ltd. has reduced its shareholding by 3% in this reduction plan, which has reached the upper limit of the reduction plan, and the implementation of this reduction plan has been completed.
Market news: Poland will promote common defense funds during its presidency of the European Union.OPEC Monthly Report: Russia slightly cut its oil production in November. On Wednesday, OPEC quoted data from second-hand sources as saying that Russia's crude oil production in November decreased slightly by 0.7 million barrels per day to about 8.99 million barrels per day. This is basically consistent with Russia's monthly production quota of 8.98 million barrels under the OPEC+agreement (including voluntary production reduction). Russia promised to cut production in October and November this year and from March to September next year to make up for the excess production since April. The output of Iraq and Kazakhstan has also been higher than the target, and they also promised to further reduce production to compensate for their excess production.India's new central bank governor: policy stability is very important and will try to maintain policy continuity.
Senior energy safety official: Poland will start looking for partners for the construction of the second nuclear power plant in early 2025.R&F Properties announced on the Hong Kong Stock Exchange that the High Court ordered that the hearing of R&F Hong Kong's petition be postponed until December 16, 2024.Light Media: "Nezha's Devil's Boy Makes a Sea" has rich derivatives planning. Light Media said on the interactive platform that at present, the company's IP derivative business is advancing normally. "Nezha's Devil Kids Roaring the Sea" has been planned and will launch derivative products with rich categories and wide price range in due course, including tide play, handcrafted products, statues, cards, stationery, food play, badges, billboards, publications, plush products and daily necessities, which can meet the diverse needs of different groups of people.