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Water conservancy science and technology work conference held: accelerate the construction of advanced and practical water conservancy science and technology support system, and the Ministry of Water Resources recently held a water conservancy science and technology work conference. Li Guoying, Minister of Water Resources, demanded that the system of water conservancy technical standards should be improved, and the coordination mechanism between water conservancy standard development and scientific and technological innovation should be improved. It is necessary to improve the support system of water conservancy scientific and technological innovation forces, optimize the positioning and layout of various water conservancy scientific and technological innovation forces, and form a joint force of system research and development. It is necessary to improve the transformation system of water conservancy scientific and technological achievements, accelerate the accurate docking and integrated development of innovation chain, industrial chain and application chain, and transform more innovative achievements into new quality productivity. It is necessary to improve the policy guarantee system of water conservancy science and technology innovation, implement new research models such as "revealing the list" and "horse racing system", and accelerate the establishment of an evaluation system and assessment mechanism oriented to innovation ability, quality, effectiveness and contribution.Johnson, Speaker of the US House of Representatives: Trump regards tariffs as a negotiation strategy. It is expected that during Trump's second term, supervision will be relaxed.Israeli Prime Minister Benjamin Netanyahu took the witness stand.

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%.Longji Green Energy: It is estimated that the total amount of guarantees between the company and its wholly-owned subsidiaries will not exceed 50 billion yuan in 2025. Longji Green Energy announced that according to the business development needs of the company and its wholly-owned subsidiaries, it is estimated that the total amount of new guarantees provided by the company for wholly-owned subsidiaries, mutual guarantees between wholly-owned subsidiaries and guarantees provided by wholly-owned companies will not exceed 50 billion yuan in 2025. Among them, the new amount of guarantee provided to the guarantee object with asset-liability ratio of 70% or above does not exceed 40 billion yuan, and the new amount of guarantee provided to the guarantee object with asset-liability ratio below 70% does not exceed 10 billion yuan.Yunnan Statistics Bureau: The burden of labor support in Yunnan is relatively light, and the demographic dividend is better than that in the whole country. Recently, the series of reports on the achievements of Yunnan's economic and social development in 75 years in New China released by Yunnan Statistics Bureau concluded that the age structure of Yunnan's population is better than that in the whole country, and the demographic dividend still exists. On the whole, the age structure of Yunnan population is better than that of the whole country, and the labor resources are abundant. The total dependency ratio (43.4%) is lower than the national average level (46.5%), the dependency burden of the labor force is relatively lighter than that of the whole country, and the demographic dividend is better than that of the whole country. (The Paper)

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.The turnover of Cyrus reached 10 billion yuan, down 6.73%.South African Bureau of Statistics: South Africa's gold production decreased by 3.4% year-on-year in October, and the total mining output increased by 1.4% year-on-year in October.