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Japan's final industrial output value in October increased by 2.8% month-on-month and 1.4% year-on-year.Bawang Chaji hired a new CFO from McDonald's. It is reported that Huang Hongfei, the former CFO of McDonald's China, left his post on October 14, 2024, and after a short break, he joined Bawang Chaji. According to informed sources, this move means that the listing process of Bawang Tea Ji is expected to accelerate.Market News: The motion of impeaching South Korean President Yin Xiyue was reported to the South Korean National Assembly.

Pinduoduo's concept oscillates higher, which is worth buying up by over 10%, and Pinduoduo's concept oscillates higher, which is worth buying up by over 10%. If Yuchen has a daily limit, Yuanlong Yatu, Xuan Ya International, rebate technology, online and offline will follow suit.South Korea's KOSPI index erased all the declines since the martial law storm.Thailand's finance minister said that Thailand is expected to levy the lowest corporate tax in the world from January 2025.

The Hang Seng Index fell by 1.6%; Led by industrial and commercial stocks, the Hang Seng Index fell 1.6% to 20,072.69 in Hong Kong. In midday trading, industrial and commercial stocks led the market down, and all kinds of stocks fell; Of the 83 stocks, 75 fell and 7 rose. Meituan dragged down the index the most, falling by 2.8%. Budweiser Asia Pacific suffered the biggest decline, down 6.1%.Sumitomo Rubber said that the price of domestic commercial tires and related products increased on April 1, 2025. Sumitomo Rubber raised the price of Japanese tires by 6-8% on average.Wang Tao of UBS: It is estimated that deficit ratio will approach 4% of its financial resources or increase its investment in social security medical care next year. Wang Tao, head of Asian economic research and chief China economist of UBS, said that China's fiscal deficit ratio is expected to approach 4% next year, and the scale of ultra-long-term special government bonds excluding capital injection into state-owned banks may be 2 trillion yuan, and the amount of new local government special bonds may be 4.5 trillion to 5 trillion yuan. In fact, the fiscal expansion next year is relatively mild compared with the fiscal stimulus in 2008-2009. Wang Tao believes that next year, the government will increase investment in social security and medical care, and establish a more perfect social security system while boosting residents' confidence in the short term.