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The European Central Bank may no longer mention the need to adopt a "restrictive" policy to curb inflation. The financial market has completely digested the expectation that the European Central Bank will cut interest rates by 25 basis points on Thursday, and the possibility of a larger rate cut is close to zero. Any adjustment of the ECB's future guidance may be minimal. It may no longer mention the need to adopt "restrictive" policies to curb inflation, which is an implicit signal that interest rates will at least fall to the so-called neutral level. Lorenzo Codogno of LC Macro Advisors said: "In view of the great uncertainties in international geopolitics and policies, it is still appropriate to rely on data and determine the appropriate level and duration of restrictions one after another."The pharmaceutical business sector rose short-term, and the pharmaceutical business sector rose short-term. The pharmaceutical business sector rose short-term, and the pharmaceutical business sector rose short-term. Seli Medical, Chinese Health, Pharmaceuticals Tesco, Shuyu Civilians and Neptune Biology followed suit.The CSI convertible bond index opened 0.03% higher. Weitang convertible bonds rose by more than 5%, and Chujiang convertible bonds rose by more than 3%; Ligao convertible bonds, Z-city convertible bonds and Tianyuan convertible bonds fell more than 1%.

Nanshan Holdings: The obvious effect of the property market policy has yet to be implemented by various measures. In view of the sales situation of the company's real estate development business since September 24, Nanshan Holdings (002314) said in a conference call with institutional investors on December 11 that since September 24, the central government has actively released the signal to stabilize the property market, and some real estate markets have stopped falling, but the foundation for the national property market to stop falling and stabilize is still not solid, and the obvious effect of the policy still needs to be implemented by various measures. The company will continue to pay close attention to policy trends, actively respond to market changes, promote the company's project sales, and improve the company's operating performance.The CSI convertible bond index opened 0.03% higher. Weitang convertible bonds rose by more than 5%, and Chujiang convertible bonds rose by more than 3%; Ligao convertible bonds, Z-city convertible bonds and Tianyuan convertible bonds fell more than 1%.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.

At the beginning of the robot concept market, Taier shares fell, the robot concept market fell, Taier shares fell, Shandong mining machine fell more than 7%, and Fenda Technology, Wuzhou Xinchun, Hanyu Group and Keli Sensing followed suit.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.South Korean prosecutors launched a seizure search on the Capital Defense Command. (CCTV News)