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GF Securities: gave Ziguang Guowei a "buy" rating with a reasonable value of 96.85 yuan.On December 10th, it was reported that Yizi International, a snack and candy company, was exploring the acquisition of Hershey, a well-known chocolate manufacturer in the United States. This potential transaction is expected to create a food giant with a total sales of nearly $50 billion. People familiar with the matter said that Yizi had made preliminary contact on a possible merger. By the end of last week, the market value of Yizi was about $84 billion, compared with $35 billion at Hershey. People familiar with the matter said that the consultation was at an early stage and it was uncertain whether an agreement would be reached.Donghai securities: The refrigerant industry is expected to maintain a high degree of prosperity. According to the donghai securities Research Report, in 2025, the second-generation refrigerant quota will be reduced, and the total production quota of the third-generation refrigerant will remain at the baseline value. With the increase in demand for new household air conditioners and maintenance and replacement, the supply and demand relationship of the third-generation refrigerants will tighten, and the downstream air conditioners will be rapidly upgraded in December. The refrigerant industry is expected to maintain a high degree of prosperity, and the profitability of related refrigerant manufacturers is expected to be greatly improved. It is suggested to pay attention to the leading refrigerant industry and fluorine chemical production enterprises with relatively perfect industrial chain, such as Juhua, Sanmei and stone resources related to fluorine chemical raw materials.

Kegong: It was Bashar al-Assad's personal decision to stop being the Syrian head of state. On December 10th, local time, Russian Presidential Press Secretary peskov said that it was Bashar al-Assad's personal decision to stop being the Syrian head of state, and the rest would not comment. On the status quo of Russian military bases in Syria and Russia's influence in the Middle East, peskov said that Russia will continue to engage in dialogue with all countries in the Middle East. (CCTV News)Kim Sang-wook, a member of South Korea's ruling party, changed his position and praised him for impeaching Yin Xiyue. According to Korean media reports, Kim Sang-wook, a member of South Korea's ruling party's National Force, changed his position on the 10th and said that he would vote in favor of the impeachment case of President Yin Xiyue. According to Yonhap News Agency, Jin Xiangxu said at a press conference in the National Assembly that the emergency martial law seriously violated conservative values, was an intolerable and indisputable absolute mistake, and was also a state crime that should be severely punished. He will vote in favor of the president who plans anti-constitutional and anti-democratic martial law in the next impeachment vote. (World Wide Web)Russian State Duma official: Russia will carry out relevant work on the issue of military bases in Syria. Andrei Kartapolov, chairman of the National Defense Committee of the Russian State Duma (lower house of parliament), said in an interview with the media that the agreement between Russia and Syria on Russian military bases in Syria was signed in 2017. According to its content, the Russian military base can operate in Syria for 49 years. He pointed out that the new Syrian leadership should consider this bilateral document. Experts from the Russian Ministry of Foreign Affairs will carry out relevant work on this matter. At this stage, the Ministry of National Defense is still unable to express its position on the base issue. At present, the Russian troops stationed in Syria continue to perform their tasks.

Citic Lyon: We are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange, but we should pay attention to the fluctuation of H shares of Chinese brokers. Citic Lyon issued a report saying that we are optimistic about the cross-border capital flow and IPO recovery of the Hong Kong Stock Exchange (00388.HK), and noted that china galaxy (06881.HK) is highly sensitive to the transaction costs of A-share securities. Citic Lyon expects that the A-share trading volume will remain stable in 2025 with the support of favorable liquidity, ETF growth and structural shift of household balance sheets to financial assets, but the bank reminds investors to pay attention to the recent excessive fluctuation risk of H-share brokers.India requires the use of locally made solar cells in clean energy projects from June 2026.GF Securities: gave Ziguang Guowei a "buy" rating with a reasonable value of 96.85 yuan.