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Many people were killed and injured in the explosion in Thailand. The reporter from the General Desk was informed that an explosion occurred at a festival in Umpan County, Thailand in the early morning of December 14th local time. According to local media reports, the explosion killed four people, including a 14-year-old child, and injured 48 others. The local police have arrived at the scene to investigate the case. (CCTV News)The construction of a new model of real estate development is expected to make positive progress. From December 11th to 12th, the Central Economic Work Conference was held in Beijing. The meeting emphasized "stabilizing the property market and stock market". Specific to the key tasks to be done next year, the meeting made it clear that "the real estate market will continue to exert efforts to stop falling and stabilize" and "promote the construction of a new model of real estate development". Experts interviewed generally believe that the Central Economic Work Conference will stabilize the property market and further clarify the policy direction of the real estate sector next year. In 2025, relevant policies to promote the stabilization of the real estate market will continue to exert their strength, and the construction of basic systems related to the new model of real estate development is expected to make positive progress. (Securities Daily)Moody's: It is expected that France's public finances will be greatly weakened in the next few years.

Market News: Meta urges California courts to stop OpenAI from turning into a profit-making enterprise.Jiang Xiaojuan argued with European experts that your subsidy for electric vehicles is higher than that of China. Jiang Xiaojuan, a professor at the University of Chinese Academy of Social Sciences, said at the annual financial conference in 2025 that his three visits to Europe last year were all about tariff disputes on electric vehicles. "I calculate the figures particularly carefully. In 2009, the subsidies were fully launched. At that time, we didn't have an electric vehicle to export. The subsidies were not for export, but for electric vehicles and fuel vehicles to compete in the domestic market. In 2016, our exports began to increase, but subsidies also declined rapidly. Therefore, it cannot be said that the competitiveness of electric vehicles in China comes from subsidies, "she said. Even Jiang Xiaojuan calculated the European subsidy data, saying, "Buying a Tesla costs 7,000 to 9,000 euros, which is higher than our subsidy". "My reason is particularly good. I said that we are not exporting. We are competing with domestic fuel vehicles. Your subsidies are more. Why do you say me?" Jiang Xiaojuan said, "Those scholars can't help it, because these are solid data. In the end, they said that regardless of the willy-nilly, our domestic industry was hit too hard and politically unacceptable.". (Rui Jian)Funds continue to enter the market through the channel. The net subscription of stock ETFs exceeded 36.5 billion in the month. Since December, funds have continued to enter the market through stock ETFs (transactional open index funds). Wind information data shows that as of December 13, the net subscription share of stock ETFs in the month reached 36.543 billion. From the perspective of specific capital flow, broad-based ETFs attract gold strongly, and many CSI A 500 ETFs and CSI 300ETF are actively subscribed by investors. In addition, dividend ETFs are also net subscribed by investors. (Securities Daily)

U.S. Department of Justice: new york suburban police station stripped and searched almost all the arrested persons. On December 13th, local time, CCTV reporter learned that the latest report of the U.S. Department of Justice showed that the suburban police station in new york often violated the citizens' rights, including illegal arrests and unnecessary strip searches and body cavity searches. It is reported that this report is one of 12 investigations conducted by the Ministry of Justice on local police agencies since 2021. According to the report, at least until the fall of 2022, the Mount Vernon Police Force will strip and search everyone who is arrested. Illegal strip searches and body cavity searches will last at least until 2023. Investigators said that although this practice was "restricted" during the investigation, it was not certain whether these practices had ended. (CCTV News)Fat Donglai: Measures will be taken to control purchasing behavior. Fat Donglai released the control measures on purchasing behavior, saying that from December 14, Fat Donglai will implement the following series of measures to control, including improving the real-name information of membership cards, implementing dynamic code checkout for membership cards, restricting the purchase of goods, limiting the flow of stores, and quickly processing purchasing mechanisms.Moody's: Political division in France is more likely to hinder meaningful fiscal consolidation.