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India's SENSEX30 index opened 0.07% higher at 81,568.39 points. Among the constituent stocks, ULTRATECH CEMENT opened 1% higher, Asian Coatings rose 0.74% and BAJAJ FINANCE rose 0.62%. In terms of decline, Mahengda Information Technology opened 0.44% lower, India Industrial Credit Investment Bank fell 0.33%, and HCL TECHNOLOGIES fell 0.26%.According to the survey of Monetary Authority of Singapore, 33% people expect that the slope of Singapore's exchange rate will be lowered in the January monetary policy evaluation (previously 50%).The three departments issued the tax policy on the transformation of operating cultural institutions into enterprises in the cultural system reform, and the Ministry of Finance, the State Administration of Taxation and the Central Propaganda Department issued the Announcement on the Tax Policy on the Transformation of Operating Cultural Institutions into Enterprises in the Cultural System Reform, which mentioned that operating cultural institutions can enjoy the following transitional tax preferential policies: if operating cultural institutions are transformed into enterprises before December 31, 2022, they will be exempted from enterprise income tax from the date of registration of transformation to December 31, 2027. If a cultural unit funded by the financial department is transformed into an enterprise before December 31, 2022, its self-use property will be exempted from property tax from the date of registration of transformation to December 31, 2027.

IDC: It is estimated that the edge cloud market in China will grow at a compound annual rate of over 25% from 2023 to 2028. Recently, the latest report "China Edge Cloud Market Tracking Research, 2024H1" released by International Data Corporation (IDC) shows that in the first half of the year, the edge cloud market in China totaled 5.48 billion yuan, with a year-on-year growth rate of 21.0%. Among them, the market scale of edge public cloud services, edge exclusive cloud services and edge cloud solutions reached 3 billion yuan, 970 million yuan and 1.5 billion yuan respectively. According to IDC, it is estimated that the average annual compound growth rate of China's edge cloud market will be 25.5% from 2023 to 2028, taking into account the changing trend of customer expenditure in major industries, the commercialization progress of hot demand and the changes of bandwidth supply policy throughout the year.China Tiewu, etc. established the General Lugang International Logistics Company in Gansu. According to the enterprise search APP, recently, China Railway General Lugang International Logistics (Gansu) Co., Ltd. was established, with Ouyang Bing as the legal representative and a registered capital of 30 million yuan. Its business scope includes: domestic cargo transportation agents; International freight forwarder; Road freight transportation (excluding dangerous goods), etc. Enterprise equity penetration shows that the company is jointly held by China Railway General Supply Chain Technology Group Co., Ltd., a wholly-owned subsidiary of China Tiewu, and Lanzhou New District Lugang Logistics Co., Ltd.The State Council Taiwan Affairs Office: Welcome Mr. Ma Ying-jeou to lead a delegation to visit again. On the 11th, Zhu Fenglian, a spokesman for the Taiwan Affairs Office of, introduced at a regular press conference that Mr. Ma Ying-jeou will lead Taiwan Province youth to attend and visit the Youth Ice and Snow Festival on both sides of the Taiwan Strait in Heilongjiang and Sichuan from December 18 to 26. We welcome Mr. Ma Ying-jeou to lead a delegation to visit again and will make arrangements for various activities. (Xinhua News Agency)

India's SENSEX30 index opened 0.07% higher at 81,568.39 points. Among the constituent stocks, ULTRATECH CEMENT opened 1% higher, Asian Coatings rose 0.74% and BAJAJ FINANCE rose 0.62%. In terms of decline, Mahengda Information Technology opened 0.44% lower, India Industrial Credit Investment Bank fell 0.33%, and HCL TECHNOLOGIES fell 0.26%.Citigroup: cut the iron ore price forecast from $110 per ton to $100 per ton.One person died in a residential explosion in Shenzhen, and the cause of the explosion is under further investigation. At 14: 46 on December 11, 2024, the Shenzhen Fire Rescue Detachment received an alarm: an alarm occurred in a residential building in Building 1, Yuefu Phase II Residential Building, Yuehai Street, Nanshan District, and the command center dispatched firefighting forces to the scene for disposal. As of 18: 00, the open flame had been extinguished, causing one death and no other injuries. The cause of the accident is under further investigation. (Shenzhen Fire Protection)