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Xiaomi responded to the first SUV：YU7 is undergoing a large-scale road test. Regarding the question of when Xiaomi YU7 can be bought, Xiaomi responded that Xiaomi YU7 is expected to be officially listed in June and July 2025, and is currently undergoing a large-scale road test, which will continue the same high-quality delivery of Xiaomi SU7. At the same time, generally, new cars will only be announced by the Ministry of Industry and Information Technology 1-2 months before listing. Why did Xiaomi YU7 announce it so early? Xiaomi said that it is to remove heavy camouflage as soon as possible and carry out more rigorous road test verification, such as the most accurate NVH verification, energy consumption test and comprehensive durability test. Ensure that Xiaomi YU7 undergoes a more comprehensive and detailed long-term large-scale test before it is officially launched.U.S. stocks fell. Nasdaq China Jinlong Index fell more than 3%,iShares China large-cap ETF fell 3.8%, KraneShares CSI China Internet ETF fell 3.9%, and Nasdaq China Jinlong Index fell more than 3%. BILI.O fell by 8%, FUTU.O by 6% and Xpeng Motors by 4%.Amazon will try out the fast delivery service in India and promise to deliver it within 15 minutes. amit agarwal, senior vice president of emerging markets of Amazon, said in an interview on December 10th that Amazon will try out the delivery service in Bangalore, India for 15 minutes or less. "The catalogue of products involved in the service will range from groceries to household items, depending on the community it serves". Companies such as Blinkit, a subsidiary of Indian takeaway giant Zomato, Swiggy supported by Softbank and BigBasket, a subsidiary of Tata Group, dominate the Indian grocery express delivery market, and some of them have launched the fastest 10-minute express delivery service.

ALPHABET shares rose 5%.Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.US Secretary of State Blinken: The Syrian transition process should achieve credible, inclusive and non-sectarian governance.

Google (GOOG.O) rose 4.3%, reaching its highest level since July.Norwegian Natural Gas Company: From December 11th to December 12th, Colesnes Natural Gas Treatment Plant stopped production 6 million cubic meters/day.Market News: new york will close the immigration shelter at Floyd Bennett Airport.