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The latest development of quantum computing research: A new generation of quantum chips can improve the quantum error-correcting function. The internationally renowned academic journal Nature recently published a quantum computing paper saying that the latest generation of quantum chips of Google Quantum AI can realize the quantum error-correcting function of suppressing errors below a critical threshold, which is considered to be a necessary condition for realizing the practical application of quantum computing in the future. Researchers believe that the performance expansion of the latest generation of quantum chips may promote the operational requirements of large-scale fault-tolerant quantum computing. (Zhongxin. com)Cyrus weakened in the afternoon, falling more than 5% in intraday trading, with turnover exceeding 9.1 billion yuan.Xinke Materials: The wholly-owned subsidiary plans to invest 87.5 million yuan to build a copper cable project for high-speed communication copper connection. Xinke Materials announced that the wholly-owned subsidiary Xinzi Nengke plans to build a copper cable project for high-speed communication copper connection with an annual output of 40,000 kilometers in Santai County, Sichuan Province with self-raised funds of 87.5 million yuan. The construction of this project plans to invest 87.5 million yuan, including 25 million yuan for plant construction, 38 million yuan for equipment, 4.5 million yuan for other auxiliary facilities, and 20 million yuan for working capital. The construction period of the project is 16 months, and the estimated sales income in the year of reaching the outline is 180 million yuan.

11 Lianban Yiming Food: There is a risk of a sharp decline in stock trading in the short term. Yiming Food issued a suggestive announcement on the risk of stock trading. Since November 26, 2024, the company's stock has been trading daily for eleven consecutive trading days, and the cumulative turnover rate of the company's stock in the last eleven trading days has reached 66.90%, which is a risk of a sharp decline in the short term. The company's price-earnings ratio (TTM) is 487.98 and the price-to-book ratio is 10.43, both of which are significantly higher than the average level of the food processing and manufacturing industry, and there are risks of overvaluation and secondary market transactions. The company is mainly engaged in the research and development, production, sales and chain operation of fresh dairy products and baked goods, and may face risks such as product deterioration and food safety problems. In addition, the company's business model is mainly store retail, and the competition in the same industry is fierce. The price fluctuation of main raw materials may also have an impact on the company's operating performance. At present, the company has not found any media reports or market rumors that affect the stock trading price.Xinke Materials: The wholly-owned subsidiary plans to invest 87.5 million yuan to build a copper cable project for high-speed communication copper connection. Xinke Materials announced that the wholly-owned subsidiary Xinzi Nengke plans to build a copper cable project for high-speed communication copper connection with an annual output of 40,000 kilometers in Santai County, Sichuan Province with self-raised funds of 87.5 million yuan. The construction of this project plans to invest 87.5 million yuan, including 25 million yuan for plant construction, 38 million yuan for equipment, 4.5 million yuan for other auxiliary facilities, and 20 million yuan for working capital. The construction period of the project is 16 months, and the estimated sales income in the year of reaching the outline is 180 million yuan.Hong Kong stocks opened higher and went lower, while the Hang Seng Index and Hang Seng Science and Technology Index fell successively. The branch index now fell by 0.8%, having previously risen by more than 4%.

International Air Transport Association (IATA): The second Trump administration may reverse some actions of Biden administration, which I think is positive.Pan Gongsheng, Governor of the People's Bank of China, met with the heads of relevant international economic organizations. On December 8-10, 2024, Pan Gongsheng, Governor of the People's Bank of China, met with the heads of international economic organizations such as Georgieva, President of the International Monetary Fund, Carstens, Chairman of the Financial Stability Board, and Peng Anjie, President of the World Bank, who came to Beijing to attend the "1+10" Dialogue, and exchanged views on China and the global economic situation, and China's cooperation with relevant international economic organizations. Xuan Chang, Vice Governor of China People's Bank, was able to attend the meeting.The three major A-share stock indexes fell, with the Shanghai Composite Index narrowing to less than 1%, the Shenzhen Composite Index rising by 1.3% and the Growth Enterprise Market Index rising by 1.35%.