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The British Chancellor of the Exchequer called on the EU to grant greater access to the City of London. The British Chancellor of the Exchequer Rachel Reeves visited Brussels, urged the EU to grant greater access to the City of London, and told the finance ministers of the group that this would help promote their stagnant economic growth. Reeves said: "Britain has a deep global capital market, which can fund the growth needed by the economies in continental Europe."Citizen Financial Holdings rose 3.3% to an intraday high.Wang Yi attended the 25th anniversary of Sino-Vietnamese land boundary demarcation and the 15th anniversary of the signing of the "Three Legal Documents". On December 10th, 2024, the Political Bureau of the Communist Party of China (CPC) Central Committee Commissioner and Foreign Minister Wang Yi and Vietnamese Deputy Prime Minister and Foreign Minister Pei Qingshan attended the 25th anniversary of Sino-Vietnamese land boundary demarcation and the 15th anniversary of the signing of the "Three Legal Documents" in Beijing. Wang Yi said in his speech that China and Vietnam are friendly neighbors linked by mountains and rivers. In the long history, they have condensed into the traditional friendship of "deep friendship between China and Vietnam, comrades and brothers", and supported each other and helped each other in promoting the cause of socialist construction. The land border between China and Vietnam is not only a friendly bond between the two countries, but also a bridge for cooperation between the two sides. Twenty-five years ago, under the personal care and guidance of the leaders of the two parties and countries, the two sides insisted on solving the border issue through dialogue and consultation. After nine years of negotiation and consultation, they signed the Sino-Vietnamese Land Border Treaty, which laid a solid foundation for peace, stability and long-term stability in the border areas between the two countries and created favorable conditions for consolidating the traditional friendship between China and Vietnam and deepening the comprehensive strategic partnership between China and Vietnam. Over the past 25 years, with the joint efforts of both sides, the level of border management between China and Vietnam has been continuously improved, cross-border exchanges have become increasingly active, and border-related cooperation has yielded fruitful results. Wang Yi pointed out that we should create a clear and stable border, give full play to the basic and programmatic role of the Sino-Vietnamese land border treaty and the "three legal documents", strengthen the construction of border-related mechanisms such as the Land Border Joint Committee, continue to promote the legalization, systematization and standardization of border management, enhance the efficiency of border governance, and maintain a clear and stable border and a good order in border areas. We should create a border of prosperity and development, constantly improve the layout of port passages, promote the formation of a smart and convenient, compound development and friendly exchange port system, promote the connectivity of cross-border infrastructure such as bridges and roads, and promote regional coordinated development. We should build a friendly border for generations, encourage local exchanges and people-to-people exchanges, carry forward the valuable experience of successfully delineating the land border between China and Vietnam, uphold the spirit of good-neighborliness and frankness, and jointly safeguard peace, stability and development in the region. (Ministry of Foreign Affairs website)

Xingyuan Environment plans to sell some land use rights and factories for 86 million yuan. On the evening of December 10, Xingyuan Environment announced that in order to improve asset operation efficiency and revitalize existing assets, the company and Zhejiang Forest Light Technology Co., Ltd. signed the Land (Factory Building) Purchase and Sale Agreement to transfer industrial land and above-ground buildings located at No.2062 Moganshan Road, Liangzhu Street, Yuhang District, Hangzhou.Sichuan continued to promote the supply and demand docking of enterprises in the field of industrial informatization, with a cumulative signing amount of 38 billion yuan. The supply and demand docking activity of a new generation of information technology industry in Sichuan Province was held in Chengdu on the 10th. Zhai Gang, director of the Department of Economy and Information Technology of Sichuan Province, said at this event that since September this year, Sichuan has held nine consecutive supply-demand docking activities of "expanding the market and growing steadily" in Sichuan Province, which has promoted the establishment of long-term cooperative relations between the supply and demand sides of enterprises in Sichuan's industrial and information fields, and has contributed to a number of cooperation results and procurement transactions. At present, the accumulated contracted amount has reached 38 billion yuan. (Zhongxin. com)Tesla (TSLA.O) rose more than 3%, and Morgan Stanley and Cantor Ftzgerald upgraded its rating.

Market news: Vestis, a supplier of workplace supplies, is interested in acquisition by several acquisition companies.Top fund managers say that Trump's tariff plan is influenced or less than expected by the negotiation strategy. Some of the most influential and powerful fund managers in the world believe that the potential extensive tariffs of US President-elect Donald Trump are only negotiation strategies. This was the key message delivered by Jenny Johnson, CEO of Franklin Templeton, and Anne Walsh, Chief Investment Officer of Guggenheim Partners Investment Management, when they spoke at the event "Women, Money and Power" held by Bloomberg in London on Tuesday. "I think tariffs are still more of a negotiation strategy than the inevitable situation we will see," Walsh said. "I think it will be more targeted." Johnson expressed a similar view, adding that such measures are often "inflationary".The New Zealand dollar fell 1% against the US dollar to 0.5804.