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Yijia released the chip-level game technology of "Fengchi Game Kernel" developed by OPPO, and Li Jie, president of China District, released the chip-level game technology of "Fengchi Game Kernel" developed by OPPO. Through the thorough reconstruction of the underlying kernel, the "Fengchi Game Kernel" can accurately balance the performance supply of the chip and the performance requirements of the game, and achieve a substantial upgrade in performance and game experience. For the underlying kernel of Android, more than 25,000 lines of original code are provided. In terms of game rendering pipeline reconstruction, it provides more than 34 thousand lines of original code. OPPO has applied for 254 patents based on the cumulative game optimization of Fengchi game kernel.Informed sources: The main reason for the extreme flash crash is Baidu's divestment. Many people familiar with the extreme flash crash believe that the main reason is Baidu's divestment. Baidu insiders told that in October 2024, the company sent a financial team to make preparations for the follow-up investment of 3 billion yuan: "As a result, it was found that there were as many as 7 billion financial holes and it was decided not to continue investing." (Caixin)Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 42.4 million cubic meters on Thursday.

On December 11th, it was reported that the U.S. government was divided over the U.S. steel acquisition, and Biden considered blocking the transaction. It was reported that the U.S. Department of Defense, the Ministry of Finance and the State Council all believed that the Japanese Steel Company's $15 billion acquisition of American steel companies would not bring national security risks, but U.S. President Biden was expected to block the transaction. Earlier, some media quoted people familiar with the matter as saying that Biden planned to block the acquisition of American steel companies later this month on the grounds of national security. The Committee on Foreign Investment in the United States has been reviewing the proposed acquisition for most of this year, and the group must submit its decision to Biden before December 22 or 23.Hong Kong Stock Exchange: Before the end of 2025, the system will be technically compatible with the T+1 settlement cycle. The Hong Kong Stock Exchange announced on December 12 that it will launch a plan to improve the post-trading service of the stock spot market. Starting from mid-2025, the Hong Kong Stock Exchange will gradually introduce new post-trading functions on its OCP. The new functions include automatic report downloading and information exchange, real-time transmission and processing of transaction data, related positions and reference data, and real-time delivery instruction pairing. As part of the whole platform upgrade plan, HKEx will ensure that its system is technically compatible with the T+1 settlement cycle by the end of 2025. However, what kind of settlement cycle will be adopted in Hong Kong in the future will be decided after market discussion.In the latest centralized purchase of sitagliptin tablets, the price dropped to less than 20 cents per tablet, with a drop of over 90%. The reporter learned at the scene of the tenth batch of drug centralized purchase that more than 30 companies bid for sitagliptin, which is known as the largest variety in this centralized purchase, including Huahai Pharmaceutical, Kelun Pharmaceutical, Zhengda Tianqing, tonghua dongbao, Zhejiang Pharmaceutical, Jiudian Pharmaceutical, Shiyao Ouyi, Chenxin Pharmaceutical and many other companies. Judging from the bidding results, the lowest bid price among enterprises has dropped below 0.2 yuan per piece, which is more than 90% lower than the limit price. Statistics show that in 2023, the sales of this product in the terminals of public medical institutions in China exceeded 2 billion yuan, and the sales of Merck, the original research manufacturer, accounted for more than 90%, so there is a large room for the replacement of generic drugs. The quotation of Meradong in this collection is about 7.37 yuan per piece. (science and technology innovation board Daily)

Reuters survey: In December, the Bank of England decided to keep interest rates unchanged or cut interest rates by 100 basis points next year. All 71 economists surveyed during December 6-11 predicted that the Bank of England would keep its target interest rate unchanged at 4.75% at its meeting on December 19. Among the economists who predict the interest rate outlook until the end of 2025, about 54% (36 out of 67) expect to cut interest rates by 100 basis points by the end of next year, another 17 expect to cut interest rates by at least 125 basis points, and 14 expect to cut interest rates by at most 75 basis points.The OpenAI webpage shows that API, ChatGPT and Sora are all running normally.Huaxin Securities: China Unicom's operating income grew steadily and maintained its "buy" rating. Huaxin Securities Research Report pointed out that since the beginning of this year, China Unicom (600050.SH) has seen steady growth in operating income, rapid improvement in profitability, steady expansion of user scale and continuous consolidation of network foundation, laying a more solid foundation for high-quality development of enterprises. Communication and digital intelligence services are driven by two wheels, injecting vitality into the company's performance. Looking forward to the whole year, the company will adhere to the general tone of steady progress, promote the network to be new, technology to be new and service to be new, strive to achieve the performance goal of steady growth of operating income and double-digit growth of profits throughout the year, take greater steps in high-quality development, and accelerate the construction of a world-class science and technology service enterprise with global competitiveness. With the gradual expansion of user scale and the drive of digital transformation, the company will benefit from the continuous improvement of revenue and profit and maintain the "buy" investment rating.