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Agency: It is expected that the shipment of folding smartphones will continue to decline in 2025. According to the latest report of Counterpoint Research, the year-on-year shipment of folding smartphone displays declined for the first time in the third quarter of 2024, and it is expected that the shipment in 2025 will also continue to decline. The agency expects Apple to enter the market in the second half of 2026. In addition, more multi-fold products are expected to be launched in 2026, and the first slidable notebook computer is expected to be available in 2025.The three major stock indexes opened lower, with the Shanghai Composite Index down 0.01%, the Shenzhen Component Index down 0.02% and the Growth Enterprise Market down 0.19%.The turnover of Shanghai, Shenzhen and Beijing has exceeded 500 billion yuan. Up to now, the turnover of Shanghai, Shenzhen and Beijing has exceeded 500 billion yuan, including 183 billion yuan, 315.5 billion yuan and 4.6 billion yuan respectively.

The Supreme People's Procuratorate decided to arrest Liu Xingtai in accordance with the law. It was learned from the Supreme People's Procuratorate that Liu Xingtai, the former deputy secretary and deputy director of the Standing Committee of Hainan Provincial People's Congress, was suspected of taking bribes, which was investigated by the National Supervisory Commission (NSC) and transferred to the procuratorate for review and prosecution. A few days ago, the Supreme People's Procuratorate made a decision to arrest Liu Xingtai on suspicion of accepting bribes. The case is being further processed. (CCTV News)Softbank will invest in AI company Databricks, which seeks to raise at least $7 billion. （The Information）Spot gold fell by $13 in the short term, once approaching $2,700 per ounce, and now it has rebounded to $2,711.44 per ounce, down 0.22% in the day.

Li He, former vice chairman of Kunming CPPCC in Yunnan Province, was expelled from the Party membership and public office. According to the news from the Supervision Committee of Yunnan Provincial Commission for Discipline Inspection, with the approval of Yunnan Provincial Committee, the Supervision Committee of Yunnan Provincial Commission for Discipline Inspection conducted a case review investigation on Li He, former vice chairman of Kunming CPPCC. After investigation, Li Hehe, as a leading cadre in party member, had no sense of discipline and lost the principle of party spirit, and opposed organizational review by collusion and forgery of evidence. Ignoring the spirit of the eight central regulations, illegally accepting gifts, gifts and consumption cards, illegally accepting travel activities, and illegally organizing weddings to collect money; Cronyism in the selection and appointment of cadres; Pay the fees that should be paid by myself to others; Violation of regulations and intervention in administrative law enforcement activities; Taking advantage of his position to seek benefits for others in contracting projects and allocating project funds, and illegally accepting huge amounts of property. Li Hehe seriously violated the party's political discipline, the spirit of the eight central regulations, organizational discipline, integrity discipline, and work discipline, which constituted a duty violation and was suspected of accepting bribes. After the 18th, 19th, and even 20th National Congress of the Party, he still did not converge, stopped, and had a serious nature and bad influence, which should be dealt with seriously. According to the Regulations on Disciplinary Actions in the Communist Party of China (CPC), the Supervision Law of People's Republic of China (PRC), the Law on Administrative Actions of Public Officials in People's Republic of China (PRC) and other relevant regulations, after being studied at the meeting of the Standing Committee of the Yunnan Provincial Commission for Discipline Inspection and reported to the Yunnan Provincial Party Committee for approval, Li He was decided to be expelled from the Party. The Yunnan Provincial Supervision Commission gave him the punishment of dismissal from public office; Collect their illegal income; The suspected crime was transferred to the procuratorate for review and prosecution according to law, and the property involved was transferred together.The Hang Seng Index fell, and the Hang Seng Technology Index is now up 0.12%.Baolingbao and Fengli Jingqiu reached a strategic cooperation. On December 11th, Baolingbao Biological Co., Ltd. (referred to as "Baolingbao") and Beijing Fengli Jingqiu Pharmaceutical Co., Ltd. (referred to as "Fengli Jingqiu") formally signed an agreement to start the strategic cooperation of lactulose bulk drug products. The two sides will carry out global technology and market expansion in the field of pharmaceutical raw materials.