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Nepal's Everest region will ban commercial helicopter flights to protect the local economy and wildlife. On December 11th, local officials in Nepal said that the local government and other stakeholders have decided to ban commercial helicopter flights in the Everest region from January 1st next year to protect the local economy and wildlife. Mingema Chiri Sherpa, mayor of Khumbasan Lamu, Mount Everest, Nepal, said on the same day that the decision was made because the increase in commercial helicopter flights in Mount Everest in recent years has shortened the stay time of tourists, and helicopter noise has also interfered with wildlife in nearby national parks. Relevant decisions are being sent to helicopter operators, travel agencies and tourism enterprises through letters.High-word-of-mouth movies rush to the box office at the end of the year. The Spring Festival file in 2025 is expected to usher in a strong performance. According to the data of Lighthouse Professional Edition, as of December 11 (17: 40), the cumulative box office of 20 movies in 2024 has reached 1.119 billion yuan. Among them, "Good Things" has a box office of 569 million yuan and a douban score of 9.1, which leads both word-of-mouth and box office. In addition, this week's three potential new films, Broken Hell, Misjudgment and Lion Boy 2, have been screened and entered the box office sprint at the end of the year. It is also known that four films, Nezha's Devil Children Roaring the Sea, The Legend of the Condor Heroes: The Great Man, The Fortunes of the Gods Part II: The War in the West, The Bear Appears and Restarts the Future, have been confirmed to be scheduled for the Spring Festival in 2025. The "National Film Consumption Season for the benefit of the people" launched by the State Film Bureau on December 9 will last from December 2024 to February 2025, and a total of not less than 600 million yuan will be invested in movie viewing subsidies, covering the Lunar New Year and Spring Festival files, which will help promote the market's enthusiasm for watching movies. Huatai Securities released a research report saying that the box office of the Spring Festival in 2025 is expected to usher in a strong performance. In 2025, the supply and demand sides of the film market are expected to improve, or will push the fundamental inflection point of the cinema line plate upward. (Securities Daily)CITIC Securities: The interest rate of the 10-year US bond may show an upward trend due to factors such as monetary policy next year. According to the CITIC Securities Research Report, historically, the actual short-term interest rate expectation in the interest rate reduction cycle since 1983 is usually the main driving force for the downward trend of the 10-year US bond interest rate, while the term premium may rise in the interest rate reduction cycle due to factors such as supply and demand, deficit concerns and external shocks. Looking forward to the future, it is expected that the short-term 4.0% will be the support level of the 10-year US bond interest rate, and the 10-year US bond interest rate may show an upward trend next year due to factors such as monetary policy and "Trump transaction".

The law enforcement agencies of China and the Philippines cooperated again to repatriate more than 30 Philippine citizens engaged in offshore gambling in the Philippines. On December 12, the law enforcement agencies of China and the Philippines cooperated again to repatriate more than 30 China citizens engaged in offshore gambling in the Philippines. This is the fourth batch of repatriation between China and the Philippines after the Philippine government announced a total ban on offshore gambling in the Philippines. The Philippine Embassy in the Philippines will continue to strengthen law enforcement cooperation with the Philippine side and promote the orderly repatriation of relevant personnel on the basis of protecting the legitimate rights and interests of China citizens.Market News: South Korean President Yin Xiyue may release a recorded public speech.CITIC Securities: There is no need to be overly pessimistic about the export of home appliances catalyzed by state subsidies. CITIC Securities Research Report said that domestically, the sales data of white electricity and black electricity continued to improve under the support of state subsidies. Externally, the overall export exposure of home appliance enterprises to the United States is relatively limited, so there is no need to be overly pessimistic. Looking forward to the future, the domestic demand stimulus policy is expected to be further overweight, and it is suggested to focus on white power enterprises that benefit from state subsidies; Optional sectors where domestic demand is expected to reverse (small household appliances, projection).

Market news: South Korean prosecutors summoned the Minister of Health to participate in the investigation.Under the interest rate cut cycle, the scale of domestic dollar wealth management doubled compared with the same period of last year. Although the Fed's expectation of continuing to cut interest rates is strong, the ability of domestic dollar wealth management products to "absorb gold" is still strong. Straight flush data shows that since January 2024, there are 756 newly established wealth management products with the word "USD". Among them, 30 new wealth management products with the word "USD" have been established since November, and most of them are fixed-income products. As of December 9, the scale of US dollar financial management reached 282 billion yuan, which has doubled compared with the scale of 140.4 billion yuan in December last year. Market analysts believe that although the Fed has entered the interest rate cut cycle, under the influence of many complicated factors, the US dollar still has support, and the attractiveness of US dollar wealth management products to investors is still there in the short term. However, investors also need to pay attention to market risk and exchange rate fluctuation risk, and rationally allocate related assets. (21st century business herald)South Korea's finance minister said that he would pay close attention to the financial market and respond to boost investor sentiment when necessary.