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2024-12-13 18:51:51

President of Hilton Asia Pacific: India's outbound travel will be the story of the next decade. According to the data of the World Tourism and Travel Council, in 2023, Indian tourists spent $34.2 billion on outbound travel. Allen Watts, president of Hilton Asia Pacific, said that compared with the future, the current level of Indian outbound travel consumption is "negligible". "The story of India is unfolding before us," he said. "India's outbound travel will be the story of the next decade." According to the World Tourism and Travel Council's Economic Impact in 2024 report, by 2034, the outbound spending of Indian tourists is expected to more than double, reaching 76.8 billion US dollars, which will make India's position in the global tourism consumption country rise from the 12th in 2023 to the 7th.The Bank of Japan's short-term survey may show that business confidence has hardly changed. It is reported that the short-term survey released by the Bank of Japan on Friday may show that the mood of large manufacturers has remained almost unchanged in the last quarter under the influence of complex signals such as the recovery of the automobile industry and concerns about the global economic slowdown. Economists surveyed by data provider Quick predict that the prosperity judgment index of large-scale manufacturing industry will be +12, compared with +13 in the last survey. The survey is closely watched for clues about the decision of the Bank of Japan at its meeting next week. If it shows strong capital expenditure plan, high inflation expectation and tight employment situation, it may support the idea of raising interest rates early.Google Cloud officially opened the sixth generation of TPU Trillium to customers, and Google Cloud released a blog post on December 11th announcing the official opening of the sixth generation of TPU Trillium to customers, hoping to better promote the development of AI model with its large computing power, efficient performance and sustainable characteristics. It is reported that Trillium TPU is a key component of Google Cloud AI Hypercomputer, and it is a breakthrough supercomputer architecture, which adopts an integrated system composed of performance-optimized hardware, open software, leading machine learning framework and flexible consumption model.


Huachuang Securities: It was first rated as "recommended" by Zangge Mining, with a target price of 33.3 yuan. Huachuang Securities Research Report pointed out that Zangge Mining (000408.SZ) is an important producer of potassium lithium salt and copper in China, with a high dividend return to shareholders. The company actively arranges high-quality potash resources at home and abroad: three major projects, namely, Heibei potash mine in Dalangtan, Alkali-Shishan potash mine and the eastern part of deep brine potash mine in Xiaoliangshan-Dafengshan area, are steadily promoted in China, with a total exploration right of 1,400 square kilometers; Overseas has signed a potash exploration agreement with Laos. At present, the exploration report and potash mine reserve certificate have been obtained. It is estimated that the total amount of potassium chloride resources in Setani County and Ba 'e County is 984 million tons. It is estimated that the output of the first phase of potassium chloride project will be 1 million tons/year, and the scale of potassium chloride production is expected to double in the future. The company is an important manufacturer of potassium and lithium in China, and Julong Copper is expected to inject strong kinetic energy into the company's growth. Considering that Mamicho Mining has not been consolidated at present, it is estimated that the company will realize a net profit of 25.0/27.7/4.29 billion yuan in 24-26 years, which is -27%, +11% and +54.9% respectively. In 2025, it can be compared with the company's average valuation of 19 times, giving the company a valuation of 19 times in 2025, corresponding to the target price of 33.3 yuan, covering for the first time and giving a "recommended" rating.Flying Pig: In 2024, the number of holiday businesses whose GMV exceeded 100 million yuan was three times that of last year. On December 12, Flying Pig said at the 2024 holiday business conference that under the positioning of the open platform, the business efficiency and business satisfaction of businesses continued to improve. In 2024, the number of travel agencies, amusement parks, cruise ships and other holiday businesses on the Flying Pig platform maintained double-digit growth year-on-year. The number of businesses with GMV exceeding 100 million yuan was three times that of last year, and the average order volume of gold medal merchants reached more than twice the market level, with a conversion rate about 20% higher.The Global Ecosystem and Transformation Center jointly established by the Ministry of Finance and the World Bank, and the China-World Bank Group Global Ecosystem and Transformation Center jointly established by the Ministry of Finance and the World Bank, with the theme of ecological protection, conforms to the new needs of the times to meet global challenges and is a new achievement of cooperation between China and the World Bank in the new era. At the launching ceremony, Lan Foan, Minister of Finance, said that China adhered to the concept of "Lucid waters and lush mountains are invaluable assets" and further promoted the three major defense wars of blue sky, clear water and pure land. Over the past decade, the central government has invested nearly 6 trillion yuan to fully guarantee the construction of beautiful China. The "gold content" of China's ecological environment has improved significantly, and the "green content" of its development has increased significantly. (CCTV News)


After the emergency martial law storm, South Korea's financial industry suffered successively. After the emergency martial law storm in South Korea, South Korea's financial industry suffered successively, and the stock market fluctuated obviously. This week, it began to rebound slightly. South Korean media pointed out that the uncertainty of South Korea's political situation may put its international reputation under downward pressure. South Korea's Deputy Prime Minister and Minister of Planning and Finance, Choe Sang-mu, held an "emergency macroeconomic and financial symposium" on the 10th to discuss the dynamics of the financial and foreign exchange markets and the countermeasures. According to South Korea's Chosun Ilbo reported on the 9th, after the emergency martial law storm, the total market value of South Korea's stock market evaporated by 58 trillion won within three days, and more than 400 billion US dollars of foreign exchange reserves were also threatened. As the political struggle of "impeaching the president" continues, not only finance, but also retail, alcohol, real estate, semiconductor export and other aspects of the Korean economy have also felt the chill. South Korean media believe that if financial instability and the stagnation of the real economy, the economy may fall into crisis sharply. According to the "Foreign Securities Investment Trends in November" released by the Korea Financial Supervisory Authority on the 10th, foreign investors sold 4.154 trillion won in the Korean securities market last month and sold Korean shares for four consecutive months. South Korea's "Asia Daily" said on the 10th that as South Korea re-entered the presidential impeachment time, the uncertainty intensified, and it is expected that the net selling behavior of foreign investors will continue. Although South Korea's stock market rebounded on the 10th, the uncertainty of the political situation put its international reputation under downward pressure. South Korea's Chosun Ilbo published a commentary on the 10th, saying that Fitch and Moody's, among the world's three major credit rating agencies, have successively warned that if the storm after martial law is prolonged, South Korea's national credit rating may be negatively affected. (CCTV)Shinhiro Niai, a member of Suntory's founder family, will be the president, and Sina Gangshi will be the chairman. On December 12, it was announced that Suntory Holdings had finalized the personnel transfer, and Shinhiro Niai, a vice president from the founder family, will be promoted to the president, and the current president Sina Gangshi will be the chairman. It is expected that Nobuhiro Niai will officially take office after the shareholders' meeting in March next year. This is Suntory's re-election as president by members of the founder's family after about 10 years.On the 12th, the South Korean National Assembly voted to impeach the Minister of Justice Park Hyung-jae and the Director of the Police Department Zhao Zhihao.

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