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World Bank: The Philippine economy will grow at an average annual rate of 6% from 2024 to 2026. The World Bank released the latest issue of the Philippine Economic Report (hereinafter referred to as the Report) on the 10th, predicting that the Philippine economy will maintain strong growth in the face of multiple challenges, and the average annual growth rate will reach 6% from 2024 to 2026. According to the Report, the Philippines will be one of the fastest growing economies in East Asia and the Pacific. It is estimated that the annual economic growth in 2024 will be 5.9%, slightly lower than the 6% predicted in October, because extreme weather has affected the economic performance in the third quarter. The growth rate is expected to be 6.1% in 2025 and 6% in 2026. (Zhongxin. com)Pakistan sold 7,909 cars in November.Shandong Energy Group and Anhui Conch Group signed a strategic cooperation framework agreement. On the morning of December 10th, the signing ceremony of the strategic cooperation framework agreement between Shandong Energy Group and Anhui Conch Group was held in Jinan. According to the agreement, the two sides will cooperate in the fields of coal supply, digital intelligence construction, new energy, energy conservation and environmental protection.

In November, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month. On December 10th, according to china automobile dealers association, in November 2024, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month and 8.12% from the same period last year, with a transaction amount of 114.167 billion yuan. From January to November, 2024, the cumulative transaction volume of used cars was 17,713,900, up 5.74% year-on-year, up 961,600 compared with the same period, and the cumulative transaction amount was 1,165.243 billion yuan.Market News: Pope Francis will meet with Palestinian President Abbas at the Vatican on Thursday.Treasury futures opened up sharply, with 30-year main contracts up 0.93%, 10-year main contracts up 0.47%, 5-year main contracts up 0.21% and 2-year main contracts up 0.07%.

Shaanxi Construction Co., Ltd.: The company and its subsidiaries won the bid for 7 projects of over 500 million yuan. Shaanxi Construction Co., Ltd. announced that in November 2024, the company and its subsidiaries won the bid for a number of major projects, of which 7 projects won the bid for more than 500 million yuan.Shen Wanhongyuan: date of record will distribute 0.17 yuan for every 10 shares in the interim profit distribution, and Shen Wanhongyuan announced on December 10 that the company intends to distribute a cash dividend of 0.17 yuan (including tax) for every 10 shares registered in date of record in the interim profit distribution. Date of record is December 17th, and the ex-dividend date is December 18th.Chenglian Branch: In November, the retail sales of domestic narrow passenger car market reached 2.424 million, up 16.6% year-on-year. On December 10th, according to the latest retail sales statistics of china automobile dealers association Passenger Car Market Information Branch, the retail sales of domestic narrow passenger car market reached 2.424 million in November, up 16.6% year-on-year and 7.2% quarter-on-quarter. From January to November, the cumulative sales volume was 20.258 million vehicles, a year-on-year increase of 4.7%.