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Samsung has lowered its mobile phone production target to 229 million units next year. Samsung Electronics has set a mobile phone production target for 2025, and plans to produce about 229 million smartphones. This goal includes 179.4 million units produced by ourselves and 49.9 million units produced by joint design and manufacturing (JDM). Compared with the initial plan of 237 million units in October this year, this target has been lowered by 7-8 million units, only slightly higher than the shipment forecast for the whole year of 2024.An earthquake of magnitude 4.0 occurred in the waters near the Fukushima Daiichi nuclear power plant in Japan. According to Japanese media reports, an earthquake of magnitude 4.0 occurred on the morning of the 12th local time in the eastern coastal area of Fukushima Prefecture, Japan, with a focal depth of 50 kilometers. Fukushima Prefecture has a sense of earthquake in many places, including Urachi-CHO, Langjiang-CHO and Yuye-CHO, among which Urachi is the location of Units 1 to 4 of the Fukushima Daiichi nuclear power plant. (CCTV News)According to the data of Cat's Eye Professional Edition, the movie "Lone Star Project" was released for 6 days, and the total box office broke 70 million.

Yamato: Raising the target price of IWC to HK$ 20 has a more positive view on next year's revenue growth. Yamato published a report that under the strong demand from Malaysia, the bank has a more positive view on IWC's revenue growth next year. In addition, the bank believes that the external financing of operating GDSI, a data center outside the mainland, will release shareholder value. However, as GDSI will be separated from IWC's consolidated statements in the fourth quarter of this year, the bank believes that IWC's short-term re-evaluation will still mainly depend on its mainland business performance, so it still maintains a wait-and-see attitude. The bank maintained its "hold" rating on IWC, and its target price was raised from HK$ 8.6 to HK$ 20. Considering the increase in capital expenditure of IWC from 2025 to 2026, the bank raised its revenue forecast for this year and next by 5% to 24%, mainly due to the strong demand in the international market driven by short video platforms. In addition, in view of the fact that the company raised its capital expenditure guideline from 6.5 billion yuan to 11 billion yuan this year, the bank raised its capital expenditure forecast from 6.7 billion yuan to 11 billion yuan in 2024 and from 3.5 billion yuan to 10.5 billion yuan in 2025. In addition, the bank will raise the adjusted EBITDA forecast of IWC this year and next by 4% to 13% to consider the EBITDA contribution of its overseas business; It is estimated that the total revenue will increase by 15% this year (10% compared with the previous forecast) and 33% next year (15% compared with the previous forecast). The adjusted EBITDA is expected to increase by 11% and 25% this year and next (8% and 15% compared with the previous forecast).Bank of New York Mellon: As the impact weakens, the won may rebound to 1,400 won against the US dollar. Bank of New York Mellon said that as the most serious political impact caused by the short-term declaration of martial law begins to ease, the won may recover some of its recent lost ground before the end of the year. As the political risk premium begins to fall, the won may appreciate to 1,400 against the US dollar.Renhe Pharmaceutical invested in Jiangxi to establish a health industry company. According to the enterprise search APP, Jiangxi Renhe Jiuniuai Health Industry Co., Ltd. was recently established, with Xin Li as the legal representative and a registered capital of 1 million yuan. Its business scope includes: food Internet sales, health food production, health care services (non-medical), health consulting services, sales of first-class medical devices, sales of agricultural and sideline products, etc. Enterprise survey shows that the company is jointly held by Renhe Pharmaceutical and Xin Li.

Pakistan KSE-100 index rose 1% to 112,128.50.According to the Quarterly Report of the Securities and Futures Commission, Hong Kong's capital market has benefited from the success of the interconnection mechanism with the mainland stock market since the third quarter, as well as the breakthrough in contact with the Middle East market. The net capital inflow of Hong Kong Stock Connect is strong. After the optimization of ETF Connect, the number of eligible Hong Kong ETFs has increased to 16, with a total market value of over HK$ 300 billion. Cross-border wealth management investment in the south has increased by over 60% since optimization, and the net subscription of Hong Kong funds has reached RMB 8.8 billion. The CSRC is considering the license applications of 15 virtual asset trading platforms, and it is expected that several operators will be licensed during the year. Liang Fengyi, Chief Executive Officer of China Securities Regulatory Commission, said that the ETF market in Hong Kong has achieved several new milestones this year and will devote itself to building a global hub. (Hong Kong Securities Regulatory Commission)Chief Economic Adviser of India: Continuing to support high-quality capital expenditure will be the driving force to maintain India's economic growth.