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Sinotrans has set up a new company, including land international cargo transportation agency business. The enterprise search APP shows that recently, Sinotrans Logistics (Alashankou) Co., Ltd. was established with Chen Xin as its legal representative and registered capital of 10 million yuan. Its business scope includes: domestic container cargo transportation agency; International freight forwarder; Land international freight forwarding agent; Import and export agents, etc. Enterprise survey shows that the company is indirectly wholly-owned by Sinotrans.China Minerals and Guangxi Iron and Steel have established mining technology companies. The enterprise search APP shows that recently, China National Mining Chain (Guangxi) Mining Technology Co., Ltd. was established, with Ji Wendong as the legal representative and a registered capital of 90 million yuan. Its business scope includes mineral washing and processing, metal ore sales and metal material sales. Enterprise survey shows that the company is jointly owned by China Mineral's China Mineral Resources Group International Supply Chain Co., Ltd. and Guangxi Iron and Steel Group Co., Ltd.Yushi Technology: There is no factual basis for the company to be included in the "entity list". At present, the production and operation are normal. Yushi Technology issued a statement today: On December 10, 2024 (Beijing time), the Bureau of Industry and Security of the US Department of Commerce issued relevant announcements to include companies such as Yushi Technology in the entity list. There is no factual basis for this decision, and the company has never received any investigation and evidence collection work from any official US agency. We call on the US government to re-examine. Yushi Technology is an independent private enterprise. As a global provider of AloT products, solutions and full-stack capabilities, Yushi Technology has always adhered to the internationally accepted business ethics and compliance management concept since its establishment 13 years ago, abided by the duties of commercial companies and strictly abided by the laws and regulations of the countries where it operates. At present, the company's production and operation are normal, and this incident has no significant adverse impact on the company's operation. We have the ability to ensure continuous and stable product supply and high-quality technical support for global customers.

China strongly condemns Canada's illegal sanctions against relevant Chinese personnel. On the 10th, a spokesman for the Chinese Embassy in Canada said that the Canadian Ministry of Foreign Affairs, under the pretext of so-called human rights, had planted and smeared China and announced that it had imposed illegal sanctions on relevant Chinese personnel, which seriously violated international law and the basic norms of international relations and seriously interfered in China's internal affairs. China firmly opposed this and strongly condemned it. (Xinhua News Agency)Date of hearing the liquidation petition of R&F Property's subsidiary. On Wednesday, the Hong Kong court postponed the date of hearing the liquidation petition to December 16th, when representatives of R&F Properties (Hong Kong) will go to court with lawyers of Seatown Holdings Private Equity Fund. Seatown Holdings is supported by Singapore Temasek Holdings.Pakistan KSE-100 index rose 0.5% to 109,693.20.

Vietnam Customs: From January to November, Vietnam exported US$ 14.4 billion, up 14.4% year-on-year; Imports reached US$ 16.4 billion, up 16.4% year-on-year.Japan Life Insurance announced that it would spend $8.2 billion to acquire the life insurance company Resolution Life. On December 11th, Japan Life Insurance Mutual announced that it would spend about $8.2 billion to acquire the remaining 77% shares of the life insurance company Resolution Life. The transaction is expected to be completed in the second half of 2025. On the same day, Japan Life announced that it would acquire the remaining 20% shares of MLC Life Insurance from National Bank of Australia (NAB) and integrate MLC with Resolution Life.Japan Life Insurance announced that it would spend $8.2 billion to acquire the life insurance company Resolution Life. On December 11th, Japan Life Insurance Mutual announced that it would spend about $8.2 billion to acquire the remaining 77% shares of the life insurance company Resolution Life. The transaction is expected to be completed in the second half of 2025. On the same day, Japan Life announced that it would acquire the remaining 20% shares of MLC Life Insurance from National Bank of Australia (NAB) and integrate MLC with Resolution Life.