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Real-time News
On December 30th, it was reported that the Third Meeting of the Sixth Council of the China Consumers Association (CCA) was held in Beijing on December 29th. Luo Wen, Secretary of the Party Leadership Group and Director of the State Administration for Market Regulation, and President of the CCA, attended the meeting and delivered a work report on behalf of the Standing Council. Gan Lin, Executive Vice President of the CCA, presided over the meeting. The meeting emphasized that 2026 is the first year of the 15th Five-Year Plan, and the CCA should focus on the central tasks and serve the overall situation, uphold integrity and innovation, and be courageous in taking responsibility. It stressed strengthening the construction of consumer association organizations, improving the efficiency of complaint handling, enhancing consumer education and guidance, promoting green and sustainable consumption, increasing consumer supervision, helping to optimize the consumer environment, playing a pivotal role in rights protection, and promoting social collaborative governance, striving to achieve a good start for consumer rights protection work during the 15th Five-Year Plan period.On December 30th, Midland Realty published an article stating that, looking back at the property market in 2025, driven by multiple positive factors, it will be a year of rebound in property prices, with a significant increase in residential transactions. Among them, transactions in 35 housing estates increased by more than 7% in the past year. Midland Realty analysts pointed out that, based on data from Midland branches, a total of 3,358 transactions were recorded in 35 large housing estates across Hong Kong in the past year (December 30, 2024 to December 28, 2025), an increase of approximately 7.4% year-on-year compared to 3,128 transactions in the previous year (January 1, 2024 to December 29, 2025), indicating a positive market trend this year.On December 30th, data from the China Passenger Car Association (CPCA) showed that in November 2025, the passenger vehicle intelligence index reached 37.7, a significant increase compared to the previous month. All three core sub-indices rose simultaneously, indicating strong momentum in the industrys intelligent development. Specifically, the intelligent cockpit index was 40.0, a substantial increase of 1.8 units month-on-month; the intelligent driving index reached 41.2, a significant increase of 1.6 units month-on-month; and the external cockpit intelligence index was 21.5, a continued upward trend of 2.1 units month-on-month.The onshore yuan closed at 6.9901 against the US dollar at 16:30 on December 30, up 197 points from the previous trading day.On December 30th, Pingtan Development issued an evening announcement regarding abnormal stock price fluctuations. The companys stock price had deviated by more than 20% cumulatively over the past three trading days (December 26th, 29th, and 30th, 2025), constituting an abnormal stock trading fluctuation. The companys main businesses include afforestation, forest management, processing and sales of timber products, trading, and businesses related to the development and opening of the Pingtan Comprehensive Experimental Zone. Currently, the companys production and operations are normal, and there have been no significant changes in its operating conditions or internal and external operating environment. The significant short-term price increase of the companys stock has seriously deviated from the companys fundamentals.
