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Apollo's flagship private equity fund aims to raise $25 billion.The output value of cosmetics industry in Guangzhou has exceeded 100 billion yuan. The Information Office of Guangzhou Municipal Government held a press conference to introduce the second Guangzhou International Beauty Week, which will be held from December 17th to 21st. The reporter learned that the output value of Guangzhou's cosmetics industry has exceeded 100 billion yuan, ranking first in the country in scale, and beauty cosmetics are becoming a city feature of Guangzhou.Singapore Straits Times closed up 0.5% at 3,813.55.

Alibaba Cloud Yuan Qian: Overseas income has increased 20 times in five years. On December 10th, at the international business development exchange meeting in Alibaba Cloud, Yuan Qian, general manager of Alibaba Cloud Intelligent International Division, revealed that Alibaba Cloud's overseas income has increased 20 times in five years, and it has served 4 million customers worldwide. She said that compared with overseas competitors, Alibaba Cloud's advantage lies in its local compliance, especially its highest compliance certification in Saudi Arabia, followed by its products and competitiveness. In addition, Alibaba Cloud has also invested a lot in services and ecology.The 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held, and the 16th meeting of the Steering Committee for China-Vietnam Bilateral Cooperation was held in Beijing. Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Foreign Minister Wang Yi co-chaired the meeting with Vietnamese Deputy Prime Minister and Foreign Minister Pei Qingshan, and the heads of many ministries and commissions of both sides and local provinces and regions participated online and offline. Wang Yi pointed out that the two sides should maintain a stable strategic direction, maintain high-level exchanges and counterpart cooperation and exchanges, and jointly enhance their ruling ability. China supports Vietnam's preparations for the 14th National Congress of the Communist Party of Vietnam (CPV) and the socialist road in line with Vietnam's national conditions. We must lay a solid foundation for security, give full play to the "3+3" strategic dialogue between China and Vietnam in diplomacy, national defense and public security, and firmly unite and cooperate to safeguard common interests. It is necessary to promote mutual benefit and win-win, expand two-way trade and investment, build a stable and smooth cross-border industrial chain supply chain, improve the level of infrastructure interconnection and trade and investment facilitation, and strengthen cooperation in emerging fields such as artificial intelligence, e-commerce, digital economy and green development. We should cultivate people-to-people friendship, organize the 75th anniversary of the establishment of diplomatic relations between China and China and the China-Vietnam People-to-People Exchange Year next year, encourage more Vietnamese tourists to travel to Vietnam, and support the opening of flights between the two countries. It is necessary to strengthen coordination and cooperation under the mechanisms of the United Nations, ASEAN and Lanzhou-Mekong cooperation, practice true multilateralism and safeguard the common interests of developing countries. It is necessary to manage differences properly, adhere to bilateral friendly consultations, continue to make good use of the border negotiation mechanism, and promote new progress in maritime cooperation. (Ministry of Foreign Affairs)Before the U.S. stock market: China ETF-Direxion fell by nearly 12%, C3.ai rose by about 6%, and Oracle Bone Inscriptions fell by about 8% when it was three times richer. Before the U.S. stock market, China Stock Exchange fell by about 8%, Xpeng Motors fell by 6% and Pinduoduo fell by about 5%. C3.ai rose by about 6%, and the company's quarterly performance exceeded expectations, reaching a strategic cooperation with Microsoft. Oracle Bone Inscriptions fell about 8%, and the company's second-quarter results were worse than expected.

The loose monetary signal ignited the bond market. The yield of 10-year government bonds hit 1.83% and hit a new low. Affected by the loose monetary signal, the yield of 10-year government bonds once again hit a record low. During the session on December 10th, the yield of the 10-year active bond "24 Treasury Bond 11 with Interest" (240011) fell by 7.5BP (basis point) and hit 1.8300%, hitting a record low. The yield of 30-year active bond "24 Special Bond 06" (2400006) also went down all the way, falling to 2.0450%, down 4BP from the previous day. Treasury futures rose strongly all day, and the 30-year main contract closed up 1.37%, setting a record high. The ETF market of government bonds was all red, and the 30-year ETF rose by 1.87%. Politburo meeting of the Chinese Communist Party, held on the 9th, sent a signal of steady growth, which formed a favorable support for the bond market. For the economic work in 2025, the meeting first mentioned "extraordinary countercyclical adjustment", and the tone of monetary policy changed from "steady" that lasted for 14 years to "moderately loose". The loose monetary signal pushes the bond market to strengthen. According to industry analysts, the debt bull will continue in the future, and the yield of 10-year government bonds can be seen as low as 1.6%. However, there are also views that if the economic fundamentals continue to run in 2024 next year, the bond market yield will rebound in the future and need to be treated with caution. (CBN)300 yuan started the explosion of AI Translator into Huaqiang North, which attracted foreign tourists. In Huaqiang North, the merchants stopped selling "Apple" and sold "AI Translator"? The reporter recently visited the site and found that on the first floor of a shopping mall building, many merchants posted the "AI Translator" brand. The reporter learned that there are about 6 models of mainstream AI translation equipment at present, and the price ranges from 300-400 yuan. Some merchants told reporters that since this batch of "AI translators" were put on shelves in September, customers who came to consult and buy were in an endless stream. (CBN)UN Special Envoy for Syria: Israel must stop its military operations in Syria. UN Secretary-General's Special Envoy for Syria Pei Kairu said in Geneva, Switzerland on the 10th that Israel must stop its military operations in Syria and the conflict in the whole Middle East must stop. Pei Kairu said at the press conference on the same day that it is necessary to be alert to Israel's attack on Syria. "The disturbing development is that we still see Israel marching and bombing Syrian territory, and this situation must stop." He also said that the armed groups in the Syrian capital Damascus, including the League for the Liberation of Syria and the Syrian National Army, are currently "well coordinated". Pei Kairu stressed that in the process of political transition in Syria, it is necessary to ensure the representation of all parties in Syria, otherwise "new conflicts will arise." (Xinhua News Agency)