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Biden will attend the virtual meeting of the Group of Seven scheduled for 9: 30am EST (9: 30pm Beijing time).Brazil's stock index closed down 2.67%, the biggest drop since January 2023 after the Brazilian central bank raised interest rates.Hong Kong's IPO is expected to return to the top three in the world next year, and signs of recovery of Hong Kong's IPO are beginning to appear this year: Hong Kong's capital market has ushered in a strong wave of "listing in Hong Kong", from upstarts such as Horizon to giants such as Midea, SF Express, Hengrui, Haitian and Mao Geping, and many mainland enterprises have turned their attention to Hong Kong. Some institutions predict that Hong Kong is expected to return to the fourth place in global IPO financing this year and the top three in the world in 2025. "When I was in Hong Kong, I might have to see three or five companies a day. This is no exaggeration." Chen Yiting, chief executive of the Hong Kong Stock Exchange, said in an interview recently that "many market participants and investment bankers are quite optimistic about Hong Kong's IPO market in 2025." (Securities Times)

Morgan Stanley downgraded Hysan Industrial to a low rating with a target price of HK$ 13.Brazil's stock index closed down 2.67%, the biggest drop since January 2023 after the Brazilian central bank raised interest rates.Yuanda Jinghua Securities upgraded the rating of Taiwan Optoelectronic Materials to Buy with a target price of 660 yuan NT.

The Israeli bombing of Nuseilet refugee camp in central Gaza has killed 30 people. The reporter of the General Station learned on the evening of 12th local time that the death toll from the Israeli bombing of a building in Nuseilet refugee camp in central Gaza has risen to 30.Xie Feng, Ambassador of China to the United States: It is a great country's determination to adapt to changes, and it is China's wisdom to open a new situation in changes. According to the official of the Chinese Embassy in the United States, on December 11, 2024, u.s.-china business council held the 2024 annual celebration dinner in Washington. In his speech, Xie Feng said that China has always grasped the general trend of the world from a long historical period, maintained continuity and stability in its policy toward the United States, and it is the determination of a big country to respond to changes with constancy, and it is China's wisdom to create a new situation in a changing situation. Xie Feng pointed out that the goal of China's commitment to the stable, healthy and sustainable development of Sino-US relations has not changed, which is in line with the common interests of the two countries and the general expectations of the international community; The principle of handling Sino-US relations in accordance with mutual respect, peaceful coexistence and win-win cooperation has not changed, which is the fundamental way for China and the United States to get along correctly in the new era. The position of firmly safeguarding its sovereignty, security and development interests has not changed. This is a principle that China must defend and a red line that cannot be challenged. The desire to continue the traditional friendship between the Chinese and American people has not changed, and we are willing to continue to pave the way for cultural exchanges between the two countries. Xie Feng hopes that the US will move in the same direction as China, strengthen dialogue and communication, and refrain from shouting from a distance; Properly control differences and not engage in conflict and confrontation; Expand mutually beneficial cooperation and do not engage in decoupling and chain breaking; Carry out benign interaction, do not engage in zero-sum game, and strive to achieve a smooth transition and a good start in Sino-US relations.New york Federal Reserve: Michelle Neal, the marketing department, resigned and will officially leave on March 25th, 2025. Neal will be a senior consultant until she leaves the bank, and she will return to work in the private sector. Anna Nordstrom will be the temporary marketing director until Neal leaves.