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On December 5th, Country Garden Holdings Co., Ltd. (02007.HK) announced that, pursuant to a court order dated December 4th, 2025, its offshore debt restructuring plan has been approved by the court. A stamped copy of the approval order was submitted to the Registrar of Companies in Hong Kong for registration on December 5th, 2025. Therefore, the effective date of the plan has occurred on December 5th, 2025, in accordance with the terms of the plan. The effective date of the plan is a significant milestone in the implementation of the proposed restructuring. The effective date of the plan is distinct from the effective date of the restructuring. The effective date of the plan is one of the restructuring conditions, while the effective date of the restructuring can only occur after all restructuring conditions have been fulfilled or waived.

Canada's labor force participation rate in November was 65.1%, below the expected 65.3% and the previous month's 65.30%.

Canada's unemployment rate was 6.5% in November, below the expected 7% and the previous month's 6.90%.

Canada added 63,000 part-time jobs in November, compared with 85,100 in the previous month.

On December 5th, Tuojing Technology announced that it plans to jointly invest in Xinfeng Precision with its related party, Fengquan Venture Capital. Tuojing Technology plans to acquire RMB 9.9838 million of registered capital from Xinfeng Precision's original shareholders for no more than RMB 270 million, representing 16.4154% of Xinfeng Precision's registered capital after this round of financing. Fengquan Venture Capital plans to acquire RMB 1.1093 million of registered capital from Xinfeng Precision's original shareholders for RMB 30 million, representing 1.8239% of Xinfeng Precision's registered capital after this round of financing. This transaction involves joint investment with related party Fengquan Venture Capital, constituting a related-party transaction, but does not constitute a major asset restructuring as defined in the "Measures for the Administration of Major Asset Restructuring of Listed Companies." This transaction has been approved by the 21st meeting of the second board of directors of the company. Related directors Mr. Lü Guangquan and Ms. Liu Jing abstained from voting. This matter still needs to be submitted to the company's shareholders' meeting for review.

December 5th - According to a Reuters survey of economists, all 41 respondents predict that Spanish central bank policymakers will keep the benchmark interest rate unchanged at 15%, a near 20-year high, for the fourth consecutive time at their December meeting. Of the 36 respondents who answered additional questions, the majority (19) believe the central bank will cut rates in March, 14 predict January, and 3 predict April. Economists note that while the statement following the central bank's monetary policy committee decision next week may subtly acknowledge recent progress in combating inflation, it will maintain a cautious tone.

A Reuters poll showed that 41 economists unanimously predict that Brazil's central bank will keep its benchmark interest rate at 15% on December 10, 19 expect a rate cut in March, 14 expect a rate cut in January, and 3 expect a rate cut in April.

On December 5th, Japanese Prime Minister Sanae Takaichi dined with Liberal Democratic Party (LDP) Secretary-General Shunichi Suzuki and other party executives in Tokyo. This was her first dinner outside her official residence or dormitory since becoming prime minister. Having been in office for about a month and a half, the dinner likely included discussions on future governance and dealings with the Diet. Some within the LDP have expressed concern about insufficient communication between her and her party executives and members of parliament.

According to the Axios website, Meta's AI deal will cover CNN, Fox News, and USA Today.

Polish central bank meeting minutes: Members of the monetary policy committee stated that there is uncertainty regarding the projected inflation rate, especially due to the impact of energy prices.

Polish central bank meeting minutes: Members of the monetary policy committee stated that the November forecasts indicated that the inflation outlook should improve in the coming quarters.

Polish central bank meeting minutes: Members of the monetary policy committee stated that the large budget deficit planned for 2026 limits the scope for interest rate cuts.

On December 5th, the National Medical Products Administration (NMPA) convened an administrative guidance meeting for online drug sales platform companies. The meeting emphasized that online drug sales platforms must continuously strengthen their primary responsibilities, enhance internal professional management and optimize the entire process, focus on resolving outstanding issues currently existing on the platforms, strengthen the management of merchants on the platforms, establish and improve risk consultation mechanisms, optimize intelligent monitoring tools, cooperate with regulatory authorities in monitoring and governance, and effectively safeguard public medication safety.

French lawmakers have approved the tax component of the 2026 social security financing bill.

The Swiss Federal Council is committed to further improving access to the US market.

Banks will provide Netflix (NFLX.O) with a bridge loan of up to $59 billion to help it complete its acquisition of Warner Bros.

On December 5th, German Chancellor Merz's ruling coalition passed the controversial pension bill in parliament, averting a major setback that could have led to the government's collapse after only seven months in power. In Friday's vote in the Bundestag, Merz's conservative bloc and his Social Democratic allies passed the bill with 319 votes in favor, exceeding the 316-vote threshold of 630 seats, but falling short of the 328 seats Merz holds in the Bundestag. Previously, about 18 young members of Merz's CDU group had threatened to oppose the bill, jeopardizing the coalition's already slim 12-seat majority. While the bill's passage will be celebrated as a victory, the pension controversy has raised new questions about Merz's leadership authority and his control within his party. The German government still faces a series of difficult decisions on issues such as welfare spending cuts and deep reforms to the pension system to control soaring costs.

According to Hong Kong Stock Exchange documents, Chaozhou Sanhuan (Group) Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.