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The death toll from the collapse of a residential building in Cairo, Egypt, rose to eight. In the early morning of December 10, local time, an old five-story residential building collapsed in Abasia District, Cairo, Egypt. The local civil defense department has rushed to the scene to carry out search and rescue work. Up to now, the bodies of eight victims have been found and six others have been rescued. The procuratorate has been involved in the accident investigation. (CCTV News)FTSE China A50 index futures fell to 3%.Qin 'an shares: It received a notice of development and trial production of 380 million yuan cylinder head project. Qin 'an shares announced that the company received a notice of parts development and trial production from a well-known automobile company, confirming that the technical scheme submitted by it met the requirements of the customer's project, and was designated as the designated development supplier of the cylinder head blank project. It is estimated that the project will be mass-produced in June 2025, with a life cycle of about 5 years. It is estimated that the total sales during the life cycle will be about 380 million yuan. After mass production, the products will be applied to customers' fuel and hybrid vehicles.

Daiwa Capital Markets: The price of lithium may fall further in the first half of 2025. Daiwa Capital Markets said in a research report to customers that the global lithium supply is expected to increase by 12-28% in 2025-2026, which is due to the increase in production in major regions such as Argentina, Australia and Africa. However, the team warned that lithium prices may still be under pressure due to oversupply. At present, the price of LCE (lithium carbonate equivalent) in China is about 78,000 yuan/ton, but Yamato predicts that the price of LCE will be reduced to 75,000 yuan/ton by 2025 due to the increase in the output of low-cost mines. Yamato said: "The current price of lithium is not enough to prevent low-cost mines from increasing production." The demand for lithium, especially for electric vehicles (EV) and energy storage systems (ESS), is expected to slow down. Yamato believes that the slowdown in demand growth, coupled with the increase in supply, indicates that lithium prices may be difficult to maintain their recent highs.Guangdong Pearl: The controlling shareholder intends to transfer 5.04% of the company's shares by agreement, with a total transfer price of 158 million yuan. The controlling shareholder Shenzhen Jinxin 'an and Yinguoda Shenghui Strategy No.1 Private Equity Investment Fund signed the Share Transfer Agreement, and Shenzhen Jinxin 'an intends to transfer its 35 million unrestricted shares (accounting for 5.04% of the company's total share capital) to Yinguoda Shenghui Strategy No.1 Private Equity Investment Fund by agreement transfer, with equity transfer price as 4.5 yuan. This change in equity will not change the controlling shareholder and actual controller of the company.In the first 11 months, China's foreign trade in goods reached a steady growth of 39.79 trillion yuan. The General Administration of Customs announced on the 10th that in the first 11 months of this year, the total import and export value of China's goods trade reached 39.79 trillion yuan, up 4.9% year-on-year, achieving steady growth. Among them, the export was 23.04 trillion yuan, a year-on-year increase of 6.7%; Imports reached 16.75 trillion yuan, a year-on-year increase of 2.4%.

UBS raised its target price for Oracle Bone Inscriptions from $200 to $210.In November, China's dollar-denominated exports increased by 6.7% year-on-year, while imports decreased by 3.9%.In the first 11 months, China's foreign trade in goods reached a steady growth of 39.79 trillion yuan. The General Administration of Customs announced on the 10th that in the first 11 months of this year, the total import and export value of China's goods trade reached 39.79 trillion yuan, up 4.9% year-on-year, achieving steady growth. Among them, the export was 23.04 trillion yuan, a year-on-year increase of 6.7%; Imports reached 16.75 trillion yuan, a year-on-year increase of 2.4%.