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Shanghai has made every effort to build an ultra-high-definition audio-visual industrial cluster with global influence. The "Audio-visual Quiet Zone" Shanghai ultra-high-definition audio-visual industrial cluster was unveiled on the 11th. On the same day, Shanghai Economic and Information Technology Commission, Shanghai Culture and Tourism Bureau and Jing 'an District People's Government signed a strategic cooperation agreement. The media, universities and the government will jointly help Shanghai to build an ultra-high-definition audio-visual industry cluster and build an international innovation center for ultra-high-definition technology in the future. (Zhongxin. com)Ping An Property & Casualty Shanghai Branch responded with a fine: the internal accountability mechanism was started, and the rectification work was carried out. On December 11th, the ticket disclosed by Shanghai Supervision Bureau of the State Financial Supervision and Administration Bureau showed that China Ping An Property Insurance Co., Ltd. Shanghai Branch was fined 730,000 yuan for entrusting an institution without legal qualification to engage in insurance sales activities, and compiling or providing false reports, statements, documents and materials. In this regard, Ping An Property & Casualty Shanghai Branch responded that the company completely obeyed the punishment decision of the regulatory authorities, and ordered the punished institutions to carefully analyze the causes of the problems found in the supervision at the first time, and started the internal accountability mechanism to pursue the relevant responsible persons. In response to the problems pointed out by the regulatory authorities, the relevant departments have been instructed to take the lead in organizing the relevant institutions to carry out rectification work, and to carry out self-examination and self-correction of related problems and centralized rectification work. (澎湃)Market News: Apple is cooperating with Broadcom around artificial intelligence (AI) chips. Apple chips may be ready for production in 2026.

CEO of Wells Fargo: Consumer loans will not be tightened again.Ethereum rose to 5% to $3,750; Bitcoin rose 3.4%, approaching $99,000.Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.

Treasury yields fell, while the Bloomberg dollar spot index erased gains.Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.S&P 500 and Nasdaq 100 index futures continued their pre-market gains after the data was released.