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It is reported that Baidu and Geely are taking the transfer process to pay the social security arrears for employees of Extreme Vietnam in November. According to media reports, on the evening of December 12, the CEO of Extreme Vietnam Xia Yiping and Geely and Baidu held a closed meeting. After several rounds of communication, Baidu and Geely are taking the transfer process to pay the arrears of social security for employees in November. Shareholders Geely and Baidu set up an emergency team to participate remotely. In response to this news, Baidu and Geely did not comment. (Sina Technology)The Japanese side hyped China's threat to return to the old road of military expansion. Recently, Japanese Prime Minister Shi Pomao delivered a policy address saying that Chinese aircraft carriers sailed in the waters close to Japan's territorial waters, and carrier-based aircraft conducted thousands of take-off and landing trainings in the Pacific Ocean; Based on the national security strategy, Japan will greatly strengthen its defense forces. In this regard, Senior Colonel Wu Qian, director of the Information Bureau of the Ministry of National Defense and spokesman of the Ministry of National Defense, said that the Japanese side's hype about the so-called "China military threat" was just to cover up its usual trick of getting rid of the shackles of the peaceful constitution and taking the old road of military expansion again. As a matter of fact, the diplomatic and defense departments of China and Japan have been maintaining communication on air and sea security issues. There is absolutely no need for the Japanese side to be jittery and nervous. (CCTV)The Nikkei 225 index fell to 1%.

Guotai Junan: Pay attention to the investment opportunities in liquor, beverages, popular food and other fields. Guotai Junan Research Report pointed out that 1) Liquor: Determine ahead of growth, pay attention to the wholesale price trend and the orientation of head liquor enterprises. The report end of liquor industry began to enter the downward period in the second quarter of 2024, and the bottom shock is expected in the first half of 2025. Sales are slowing down, inventory is passively rising, and the approval price is expected to be relatively weak. The Spring Festival in 2025 will experience a stress test period. In terms of price, real estate liquor > high-end > secondary high-end. After this round of adjustment, real estate liquor is expected to recover first, followed by high-end liquor, and the secondary high-end liquor is expected to recover for a long period. 2) Beer and beverage: the performance of beer is divided and the beverage structure is prosperous. In the third quarter of 2024, the number of trips in the summer peak season was stronger than the price, and the number of trips maintained a recovery and growth trend. The beverages with low-cost/high-frequency consumption characteristics benefited significantly and the demand resilience was prominent; The regional brand of beer performance differentiation is better than the national brand, and it is expected to be repaired under the low expectation in 2025. It is expected that the passive upgrading trend and regional brand advantages will continue. 3) Popular food: marginal improvement and structural differentiation. Mass food improved marginally in the third quarter, with obvious structural differentiation. The cost reduction is gradually reflected, low cost and low price become the trend, the advantages of high cost-effective products are highlighted, and the key layout is two ends; The valuation premium of growth stocks has been significantly digested, focusing on growth track snacks, and paying attention to adjusted condiments, catering supply chain and low valuation oversold and high dividend targets.Shanxi Securities: Sora officially launched the AI video generation tool, which continued to iterate. Shanxi Securities Research Report pointed out that 1) On December 10th, OpenAI officially launched Sora. Compared with the version released by OpenAI in February, the new Sora launched this time added Storyboard, Remix, Re-cut and other functions, which greatly improved the video re-creation ability and optimized the video generation speed and generation method. 2) Since the beginning of this year, domestic enterprises have begun to accelerate the research and development and iteration of AI video generation products, and the product capabilities have been continuously improved and the application scenarios have been continuously broadened. Sora was officially launched, and the video creation ability was significantly improved, and it began to change from a creative tool to a productivity tool. With the continuous iteration of AI video generation tools represented by Sora, its penetration into various application scenarios is expected to accelerate in the future. On the one hand, the application layer suggests focusing on creative, design, education and other multi-modal fields, especially video generation. On the other hand, the demand for computing power in video generation model is significantly higher than that in text, focusing on AI computing power related targets.Putin: China has made great strides in technological development. According to a report by the Tass news agency on December 11th, Russian President Vladimir Putin said at the international conference on "Journey of Artificial Intelligence" on December 11th that China is making great strides in technological development. According to the report, Putin pointed out in a dialogue with Song Haitao, president of Shanghai Institute of Artificial Intelligence: "China is making great strides in technological development and application of the most important technological development tools. Of course, the artificial intelligence you study is one of the most important tools. " Song Haitao told Putin that the Shanghai Institute of Artificial Intelligence plans to sign a memorandum of cooperation with the Russian Federal Savings Bank to promote technical research in the field of artificial intelligence. Putin said: "I am very happy to hear that you are going to sign a contract with the Russian Federal Savings Bank. I think this is meaningful for you and the Russian Federal Savings Bank. " (World Wide Web)

Leader of the largest opposition party in South Korea: Impeachment is the most reliable way to end the chaos. Li Zaiming, leader of the Common Democratic Party, the largest opposition party in South Korea, said in a statement on the 13th that impeachment is the quickest and most reliable way to end the chaos. Li Zaiming said that President Yin Xiyue tried to cover up the crime with lies, and Yin Xiyue, the "culprit of civil strife", should step down immediately. He also called on members of the ruling National Power Party to vote in favor of the second vote of the presidential impeachment motion on the 14th. (Xinhua News Agency)Maotai Group had an exchange discussion with Huawei. Kweichow Moutai official news on December 13th. On December 12th, Zhang Pingan, managing director of Huawei Technologies Co., Ltd. and CEO of Huawei Cloud, visited Maotai and held an exchange discussion with Zhang Deqin, Party Secretary and Chairman of Maotai Group.Li Tie was sentenced to 20 years. On December 13, 2024, the Intermediate People's Court of Xianning City, Hubei Province publicly pronounced the case of Li Tie, the former head coach of China National Men's Football Team. Li Tie was sentenced to 20 years' imprisonment for accepting bribes, bribery, unit bribery, bribery of non-state staff and bribery of non-state staff. (CCTV News)