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Minister of Trade and Industry of Malaysia: ZTE will invest 45.2 million US dollars to establish two innovation centers in Malaysia. Malaysian Minister of Investment, Trade and Industry Zavrl said that ZTE plans to invest 200 million ringgit (45.2 million US dollars) to establish two innovation centers, and introduce its latest 5G technology to Malaysia through cooperation with local operators. ZTE Malaysia is also building a regional center of excellence to support its global business. Zavrl said that 95% of ZTE's 5G equipment uses Malaysian chips.The modern factory project is expected to start in the fourth quarter of 2026.Hang Seng Index rose 0.9%, led by Meituan. The Hang Seng Index rose 0.9% to 20,605.48 in Hong Kong for three consecutive days. Meituan contributed the most to the index rise, rising by 2.2%. Geely Automobile Holdings Co., Ltd. gained the most, rising by 3.5%. In midday trading, 55 of 83 stocks rose and 24 fell; All stocks rose, led by industrial and commercial stocks.

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.The annualized rate of return of over 40% money funds fell below 1.5% on the 7th. Recently, the annualized rate of return of several money funds fell below 1.5% on the 7th, which attracted market attention. In an interview with reporters, some insiders said that the recent reduction in the interest rate of interbank deposits and the weakening of the income from the allocation of deposits by the money fund are the main reasons for the decline in the overall yield of goods. "The decline in bond market yields and the expected easing of money market interest rates have led to the low income level of the money fund expected to remain for some time." Ming Ming, chief economist of CITIC Securities, said that investors are advised to pay attention to other types of investment products such as bond funds and hybrid funds in the near future in order to seek more diversified investment options and income sources. (Securities Times)Xinhai Technology: The application and development exchange day for computing peripheral chips will be held soon to introduce "the ecological strategy and product layout for computing peripheral chips in Xinhai". Xinhai Technology announced today that on December 20th, Xinhai Technology will hold the 2024 application and development technology exchange day for computing peripheral chips. Among them, technical experts from Intel, Jida Technology, Qining and Xinhai Technology gathered together to bring in-depth interpretation of the latest research and development achievements and technical trends of computing peripheral chips. In addition, according to the agenda, it will introduce the "Core Sea Computing Peripheral Ecological Strategy and Product Layout".

Pakistan's KSE-100 index rose 1% to 111,119.90.The net sales of southbound funds exceeded HK$ 4 billion.