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The first anniversary of the opening of "Yangtze River Train": 1,834 trains were opened, with 2.44 million tons of cargo transported. At 11: 00 am on December 11th, the 1799th and 1800th "Yangtze River Train" in 2024 respectively departed from Xianglushan Station in Wuhan and Chengxiang Station in Qingbaijiang, Chengdu, completing the annual opening task 20 days ahead of schedule. Up to now, the "Yangtze River Train" has operated 1834 trains and transported 2.44 million tons of goods. (Red Star News)Canalys: It is estimated that the market size of generative AI will reach 72.8 billion dollars in 2029. According to Canalys' latest forecast, the global generative artificial intelligence (AI) market is still in its infancy, and it will grow fivefold in five years, from 14.6 billion dollars in 2024 to 72.8 billion dollars in 2029. Top applications include consumer, corporate services, retail, media and entertainment, and health care.On the 10th, the continuous beam of Banzhuyuan Bridge of Xiyu High-speed Railway across Chongqing-Guangzhou Expressway was successfully closed, which is the first closed cantilever cast-in-place beam across expressway in Chongqing of Kangyu section of Xiyu High-speed Railway, laying a solid foundation for the construction of girder erection as scheduled. The Banzhuyuan Extra Large Bridge of Xi-Yu High-speed Railway, which was built by China Railway 14th Bureau, has a total length of 1,137.181 meters. The bridge spans the Chongqing-Guangzhou Expressway, with a continuous beam of (48+80+48) meters and cantilever casting with hanging baskets. It is understood that the Xiqiao High-speed Railway connects Shaanxi, Chongqing and Sichuan. After its completion and opening to traffic, it will be connected with Chengdu-Chongqing High-speed Railway, Zhengzhou-Chongqing High-speed Railway and Chongqing-Kunming High-speed Railway under construction, Xi 'an-Yan 'an High-speed Railway and Xi 'an-Shiyan High-speed Railway, which will greatly facilitate people's travel along the route, consolidate and expand the achievements of poverty alleviation, comprehensively promote rural revitalization, help urban-rural integration and regional coordinated development, and form a new pattern of western development. (CCTV News)

Hong Kong stocks continued to fall in the afternoon, and the Hang Seng Science and Technology Index fell by 1%, which once rose by more than 1%. The Hang Seng Index fell 0.5%.ST Huatong's newly established technology company includes Internet information service business. The enterprise search APP shows that recently, Shanghai Lingwu Technology Co., Ltd. was established, with the legal representative of Chen Qi and the registered capital of 1 million yuan. Its business scope includes: Internet information service; The second kind of value-added telecommunications services, etc. Enterprise equity penetration shows that the company is indirectly wholly-owned by ST Huatong.Zhuo Chuang Information: In December, the cost side kept moving down the soybean meal price or followed the seasonal decline law. According to Zhuo Chuang Information, looking back on the whole year of 2024, the center of gravity of soybean meal price showed a downward trend. In December, the price of Brazil's soybean premium was continuously lowered, and the spot price of soybean meal was further lowered under the pressure of the cost side. The problem of soybean customs clearance repeatedly traded in the market has limited impact on domestic supply, while the breeding end has started to slaughter one after another, which has a negative impact on the demand for soybean meal. Therefore, Zhuo Chuang Information predicts that the spot price of soybean meal may follow the seasonal law in December, showing a downward trend.

Luckin Coffee will open seven stores in Hong Kong, and Luckin Coffee will further implement its plan to enter Hong Kong and open seven branches. Among them, Shop A16C-A, underground of New City, Sai Yeung Choi South Street, Mong Kok, covers an area of about 398 square feet. At present, the shop has been boarded up and is under renovation. An agent estimates that the monthly lease is HK$ 120,000. The other six branches are located in Miramar Plaza in Tsim Sha Tsui, MCP New Capital Center in Tseung Kwan O, Shatin Center, Festival Walk in Kowloon Tong, Des Voeux Road Central in Sheung Wan and Ho Man Tin.Canalys: It is estimated that the market size of generative AI will reach 72.8 billion dollars in 2029. According to Canalys' latest forecast, the global generative artificial intelligence (AI) market is still in its infancy, and it will grow fivefold in five years, from 14.6 billion dollars in 2024 to 72.8 billion dollars in 2029. Top applications include consumer, corporate services, retail, media and entertainment, and health care.Burger King China: In November this year, the number of passengers turned positive year-on-year, and the sales in October increased by about 5% month-on-month. On December 11th, the relevant person in charge of Burger King China told reporters, "Since the government issued a package of incremental policies at the end of September, many chain catering enterprises including Burger King have felt the stabilization and recovery of the catering consumption market since October this year. Especially in the past November, Burger King has achieved a positive year-on-year passenger flow. " The aforementioned person in charge pointed out, "From the sales data, in the past six years, our sales in October were almost the same as that in September. However, in October this year, the sales of Burger King China rebounded from September, increasing by about 5%. " (The Paper)