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The retail sector continued its upward trend. Zhongbai Group continued its upward trend in 9 days and 6 boards, while Zhongbai Group continued its upward trend in 9 days and 6 boards. Maoye Commercial had a daily limit, and Dashang, Hangzhou Jiebai, Commodity City and Dalian Friendship collectively opened higher.Treasury futures collectively opened higher, with 30-year main contracts up 0.21%, 30-year main contracts up 0.21%, 10-year main contracts up 0.09%, 5-year main contracts up 0.03% and 2-year main contracts up 0.01%.South Korean President Yin Xiyue: Martial law is an urgent step to save the country. Once again, I apologize to those who are surprised and anxious because of martial law.

The Hang Seng Index of Hong Kong stocks opened higher by 0.29%, the index of state-owned enterprises rose by 0.42%, and the branch index rose by 0.44%.The Nikkei index rose above 40,000 points, and the US CPI data supported the Fed's interest rate cut expectations. The Japanese stock market climbed with the technology stocks, and the US inflation met expectations, which supported the Fed's interest rate cut expectations this month. After the yen weakened late yesterday, the shares of export enterprises also rose. The Topix index rose 1.2% to 2,783.63 points, and the Nikkei 225 index rose 1.7% to 40,038.02 points. The index rose above 40,000 points for the first time since October 15th.The main fuel oil contract rose by more than 3%, and it is now reported at 3158 yuan/ton.

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.Softbank will invest in AI company Databricks, which seeks to raise at least $7 billion. （The Information）The leader of the ruling party in South Korea: Yin Xiyue's speech was not a reflection on the emergency martial law, but an attempt to rationalize it. Han Dongxun, the leader of the ruling party in South Korea, said today (December 12) that Yin Xiyue was completely unexpected to make a speech to the people. He said that the unified position of the ruling party should be in favor of the impeachment of the president. Yin Xiyue's speech is not a reflection on emergency martial law, but an attempt to rationalize it. (CCTV International News)