Deakin University economist Nataliya Ilyushina: The Reserve Bank of Australia is expected to raise the cash rate next year, possibly at its second or third meeting.

Domestic News: 1. Ministry of Commerce: Resolutely opposes the US imposition of Section 301 tariffs on Chinese semiconductor products and has lodged a strong protest. 2. Ministry of Commerce responds to whether it will relax restrictions on rare earth magnet exports to the US: Actively promote and facilitate compliant trade. 3. my country sets a world record for superconducting electric magnetic levitation propulsion, successfully accelerating a ton-weight test vehicle to 700 km/h in two seconds. 4. Ministry of Commerce responds to TikTok's plan to establish a joint venture in the US: Hopes the company can reach a solution that complies with Chinese laws and regulations and balances interests. 5. State Tobacco Monopoly Administration publicly solicits opinions on the "Notice of the State Tobacco Monopoly Administration on Implementing Policies for the E-cigarette Industry and Further Promoting Dynamic Balance of Supply and Demand (Draft for Solicitation of Opinions)". 6. Spokesperson of the Foreign Affairs Committee of the National People's Congress issues a statement on the negative clauses concerning China in the US "National Defense Authorization Act for Fiscal Year 2026". 7. National Press and Publication Administration releases information on the approval of domestic online games in December 2025, with a total of 144 games approved in December. 8. The State Administration for Market Regulation: Regarding the "Antarctic krill oil" issue, it will strengthen supervision of contract manufacturing of food products, such as those produced under the Tongrentang brand. 9. Four leading silicon wafer manufacturers jointly and significantly raised their prices today. Industry insiders generally report that the price increase is mainly due to the substantial rise in upstream polysilicon prices. International News: 1. Cambodia and Thailand continue to hold meetings at the border to discuss a ceasefire. 2. Japanese Prime Minister: The total amount of new Japanese government bonds issued in the next fiscal year will reach 29.6 trillion yen. 3. Samsung Electronics plans to launch an application processor equipped with its self-developed GPU as early as 2027. 4. Russian Deputy Prime Minister Novak: The plan to produce 100 million tons of liquefied natural gas annually has been delayed for several years due to sanctions, but factory construction is still continuing.

Newly listed A-shares rose in early trading, with C Tiansu Measurement rising over 20%, C Nabaichuan rising over 7%, and C Xihua rising over 5%.