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At midday, the main contract of alumina futures opened lower, and now it is down nearly 3% to 5101 yuan/ton. In the news, according to Shanghai Nonferrous Metals, on December 10th, 30,000 tons of alumina was sold overseas, with a transaction price of $680/mt FOB Western Australia, and the shipping date was in late January/early February.The cement building materials sector rose sharply, Yatai Group had a daily limit in the afternoon, and Honglu Steel Structure, Fujian Cement, Jinyu Group, hangxiao and Tianshan were among the top gainers.Coal stocks fluctuated higher, with the daily limit of Antai Group in the afternoon, Anyuan Coal Industry rose more than 5%, and Orchid Science and Technology, Luan Huaneng, Gansu Nenghua, Baotailong, Dayou Energy and Shaanxi Black Cat followed suit.

Open source securities: AI video model is accelerating the competition and continuing to lay out "AI+ movies". According to the open source securities research report, 1)AI video model is accelerating the competition, and its multi-modal capability is continuously upgraded, helping to open up the commercialization space. 2) Film and television content, copyright and marketing companies actively embrace AI video and continue to lay out "AI+ Film and Television". We are optimistic about the continuous iteration of the AI ​ ​ video model, the accelerated application, the superposition of policy assistance such as the release of new film supply and consumption subsidies, and further promote the opening of the commercialization space of "AI+ film and television".Thailand's cabinet approved the reduction of the bailout fee for commercial banks.Wang Sicong set up a new company in Jinan with a registered capital of 1 million yuan. According to Tianyancha App, Huanju Commercial Development (Jinan) Co., Ltd. was recently established with Ding Yi as the legal representative and a registered capital of 1 million yuan. Its business scope includes supply chain management services, enterprise management, commercial complex management services, property management, parking lot services and information system integration services. According to shareholder information, Beijing Huanju Commercial Management Co., Ltd. and Shandong Yuanrong Cultural Investment Co., Ltd. hold 70% and 30% shares respectively. According to public reports, Beijing Huanju Business Management Co., Ltd. is a trend entertainment and scene operation company focusing on immersive experience. It belongs to Wang Sicong's personal business and has a low degree of connection with Wanda Group. Its business covers cultural tourism, business, experiential consumption and night entertainment. In November last year, Wang Sicong appeared in Tai 'an, Shandong Province as the chairman of Huanju Commercial, and attended the signing ceremony of the cultural tourism project between Huanju Commercial and Tai 'an Municipal Government, which attracted attention from all walks of life.

Chen Honghui, director of the Health and Health Commission of Hubei Province, is the new deputy secretary of Yichang Municipal Committee. According to the Three Gorges Daily in Yichang, Hubei Province, on December 10th, Yichang held a meeting of leading cadres in the whole city, and the organization department of Hubei Provincial Committee announced that Chen Honghui was appointed as a member, standing committee member and deputy secretary of CPC Yichang Municipal Committee. Previously, Chen Honghui served as Party Secretary and Director of Hubei Provincial Health and Wellness Committee.Hainan Free Trade Zone concept changed partially. Hainan Ruize and Hainan Development both had daily limit, Hainan Ruize and Hainan Development both had daily limit, and Lishang Guochao, Hainan Haiyao, Hainan Expressway and Huawen Group followed suit.Hangxiao in Hebei successfully won the bid for the steel structure project of Machta project in Mongolia. Recently, hangxiao (Hebei) Construction Co., Ltd. (hereinafter referred to as "Hangxiao in Hebei") successfully won the bid for the steel structure project of Machta project in Mongolia. The project is located in Ulaanbaatar, the capital of Mongolia. It consists of a tower, a podium, a natural museum and a sports center with a total construction area of about 104,000 square meters. The tower and podium adopt reinforced concrete core tube-steel frame structure.