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Large-scale consumer stocks were repeatedly active, such as Zhongbai Group, which continued to be active in early trading. Retail and food led the gains, while Zhongbai Group, Maoye Commercial, Youa Shares, Dashang Shares, Dongbai Group, Easyhome, Liangpin Shop, Li Ziyuan and other stocks were daily limit.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.Australia's employment continued to grow, and the unemployment rate unexpectedly dropped. Australia's unemployment rate unexpectedly dropped in November, and employment continued to grow, highlighting the resilience of the labor market to rising interest rates and prompting traders to reduce their bets on interest rate cuts in February. According to data released by the Australian Bureau of Statistics on Thursday, the unemployment rate dropped from 4.1% in October to 3.9%, far below the 4.2% expected by economists. The number of employed people has increased by 35,600, and it is entirely driven by full-time jobs. It is expected to increase by 25,000. The Australian dollar rose to 0.6411 against the US dollar, and the yield of policy-sensitive 3-year Australian government bonds rose by 5 basis points. The Australian stock market retreated all gains.

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%.Agency: It is expected that the folding smartphone market will continue to decline in 2025. Counterpoint Research, a market research organization, issued a document saying that the year-on-year shipments of folding smartphone displays declined for the first time in the third quarter of 2024, and it is expected that the shipments in 2025 will also continue to decline.Han Dongxun, leader of the Korean National Power Party, said that Yin Xiyue's speech was unexpected and would push the party to decide in favor of impeachment.

Guangxi Securities Regulatory Bureau issued a warning letter to Xinxunda and relevant responsible persons. According to the website of the CSRC, Guangxi Securities Regulatory Bureau issued a decision on taking measures to issue a warning letter to Guangxi Xinxunda Technology Group Co., Ltd. and relevant responsible persons. Among them, it is mentioned that Xinxunda has some problems, such as the occupation of non-operating funds of related parties and the failure to disclose them in time, the failure to review and disclose the external financial assistance in time, and the irregular management of insider registration. The Guangxi Securities Regulatory Bureau decided to issue warning letters to Xinxunda, Wu Chenghua, Wang Fabin, Yan Ming, Chen Gong, Li Yangang and Ye Yanzhen.United Nations Report: The number of victims of human trafficking caused by poverty, conflict and climate change has surged. On December 11th, local time, the United Nations Office on Drugs and Crime said in its latest report covering 156 countries that the number of victims of human trafficking in the world has risen again after the decline during the COVID-19 pandemic. The Global Trafficking in Persons Report 2024 shows that the number of victims increased by 25% from 2019 to 2022. Vulnerability caused by poverty, conflict and climate crisis has led to the exploitation of children and a sharp increase in forced labor cases.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%.