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Huaxin Securities: China Unicom's operating income grew steadily and maintained its "buy" rating. Huaxin Securities Research Report pointed out that since the beginning of this year, China Unicom (600050.SH) has seen steady growth in operating income, rapid improvement in profitability, steady expansion of user scale and continuous consolidation of network foundation, laying a more solid foundation for high-quality development of enterprises. Communication and digital intelligence services are driven by two wheels, injecting vitality into the company's performance. Looking forward to the whole year, the company will adhere to the general tone of steady progress, promote the network to be new, technology to be new and service to be new, strive to achieve the performance goal of steady growth of operating income and double-digit growth of profits throughout the year, take greater steps in high-quality development, and accelerate the construction of a world-class science and technology service enterprise with global competitiveness. With the gradual expansion of user scale and the drive of digital transformation, the company will benefit from the continuous improvement of revenue and profit and maintain the "buy" investment rating.Network Information Office: The Network Security Standards Committee should speed up the development and release of standards such as "Identification Method of Synthetic Content Generated by Artificial Intelligence" and strengthen the research on relevant network security standards such as intelligent networked vehicles. The second "Standards Week" of the National Network Security Standardization Technical Committee in 2024 was held in Haikou City, Hainan Province from December 8 th to 11 th. Wang Jingtao, deputy director of the National Network Information Office, pointed out that standing at a new starting point and a new journey, the Network Security Standards Committee should do a solid job in network security standardization. First, it is necessary to build a national network security defense system supported by standards, and promote the release and implementation of standards such as the boundary determination method of key information infrastructure, the index system of security protection capability, the alarm information format of network security products, and the asset information format as soon as possible, and accelerate the formation of systematic defense capabilities. Second, it is necessary to use standards to help data security governance and supervision, speed up the development of standards such as data classification and classification protection requirements and compliance audit of personal information protection, and ensure the safe and orderly flow of data. Third, it is necessary to lead the safe and orderly development of new technologies and applications such as artificial intelligence with standards and norms, accelerate the development and release of standards such as "Identification Method of Synthetic Content Generated by Artificial Intelligence", and strengthen the research on relevant network security standards such as intelligent networked vehicles and autonomous driving, effectively escorting the safe development of emerging future industries. Fourth, we should use standards to boost the international influence of China's cybersecurity, continue to push China's cybersecurity standards "going global", do our best to run the SC27 international conference in the second half of 2025, and strive to achieve a double harvest of conference organization and conference technical achievements.Schlegel, Governor of the Swiss National Bank: We will continue to monitor inflationary pressure and adjust monetary policy to maintain price stability if necessary. Without today's interest rate cut, inflation expectations would be lower. The uncertainty of the future inflation path is still high. The medium-term inflationary pressure has dropped significantly.

Schlegel, Governor of the Swiss National Bank: We still have ammunition left over in terms of interest rates. Inflationary pressure has dropped in the medium term. Our main tool is the policy interest rate, through which we can influence the economy and exchange rate.Schlegel, Governor of the Swiss National Bank: We still have ammunition left over in terms of interest rates. Inflationary pressure has dropped in the medium term. Our main tool is the policy interest rate, through which we can influence the economy and exchange rate.Lu Dongsheng was appointed Deputy Secretary and General Manager of the Party Committee of Shanghai Futures Exchange. The Party Committee of China Securities Regulatory Commission decided that Comrade Lu Dongsheng was appointed Deputy Secretary and General Manager of the Party Committee of Shanghai Futures Exchange. Comrade Wang Fenghai no longer serves as deputy secretary and general manager of the Party Committee of Shanghai Futures Exchange. (website of last issue)

Jingzhou, Hubei Province reported that a large drone fell: the drone crashed into a structure out of control during the test and caught fire, and one person was injured. On December 12, the emergency service center of Jingzhou Economic Development Zone, Hubei Province issued a briefing. At 11: 10 on the 12 th, a company was testing a fixed-wing drone, and the drone crashed into the structure and caught fire. At present, the fire has been put out, and one injured person is being fully treated. The cause of the accident is under investigation.IEA monthly report: global oil inventories rebounded in November. OECD crude oil inventories fell by 30.9 million barrels in October. It was observed that global oil inventories fell by 39.3 million barrels in October.Schlegel, Governor of Swiss National Bank: If monetary policy needs to be further relaxed, interest rate reduction is still the main tool. The Swiss National Bank is still willing to intervene in the foreign exchange market when necessary.