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Canalys: It is estimated that the market size of generative AI will reach 72.8 billion dollars in 2029. According to Canalys' latest forecast, the global generative artificial intelligence (AI) market is still in its infancy, and it will grow fivefold in five years, from 14.6 billion dollars in 2024 to 72.8 billion dollars in 2029. Top applications include consumer, corporate services, retail, media and entertainment, and health care.The global layout will further promote Sannuo Bio-CGM products to enter the European market. Recently, Sannuo Bio-CGM has reached a strategic cooperation with A.Menarini Diagnostics, a leading European medical diagnosis company, and signed an exclusive distribution agreement. The continuous glucose monitoring (CGM) products of Sannuo Bio will be launched in the European market in the form of joint brands of both parties. Sannuo Bio authorized A.Menarini Diagnostics to exclusively sell its CGM products in more than 20 countries and regions in Europe. In the future, the latter will vigorously promote the access, promotion and sales of Sannuo Bio CGM products in the European medical insurance market. Sannuo Bio has been actively deploying its internationalization strategy since its listing, and its iCan CGM is the first continuous glucose monitoring product certified by CE MDR in China. At present, Europe is the second largest market for CGM. In this cooperation, the two sides signed an exclusive distribution contract with considerable volume, which is expected to greatly accelerate the penetration and coverage of Sannuo Bio-CGM products in the European market.Thai Prime Minister: Cabinet approves debt support measures.

Sanofi flu and COVID-19 vaccine get FDA fast track.After 112 bids, part of the rights and interests of this 3A hospital in Chongqing were successfully auctioned at a price of 958 million yuan. The buyer was a Liaoning enterprise. On December 10, the auction of part of the rights and interests of the organizer of a 3A hospital in Chongqing, which had received much attention before, was finally sold at a price of 958 million yuan. According to the information of the judicial auction of Ali assets, the rights and interests of the organizer of the Third Affiliated Hospital of Chongqing Medical University (Jier Hospital) held by Chongqing Hanxin Hospital Management Co., Ltd. (hereinafter referred to as "the Third Affiliated Hospital of Chongqing Medical University") accounted for 65% of the rights and interests of the organizer. There were two bidders in the auction. The person in charge of Ali's asset-related business told reporters that many interested parties had consulted the platform before this auction. Although only two people signed up for this auction, the bidding process was fierce. Two bidders bid 112 times, and the bidding range was 3 million yuan each time. "The bidder with the final bid number of H0003 sold at a high price of 958 million yuan, which was 333 million yuan higher than the starting price. The premium rate of this auction reached 53.28%." The person in charge said. The "Confirmation of Successful Online Bidding" issued by Ali Assets shows that the bidder with the bidding number H0003 is named Liaoning Fangda Group Industrial Co., Ltd. In other words, this online auction was finally won by Liaoning Fangda Group Industrial Co., Ltd.. (Red Star News)Hanyu Pharmaceutical Co., Ltd. signed a strategic cooperation agreement with Longma Technology. Recently, Hanyu Biotechnology (Dali) Co., Ltd., a subsidiary of Hanyu Pharmaceutical Co., Ltd., signed a strategic cooperation agreement with Longma Technology Group. The two sides will cooperate in the medical application of industrial cannabis and drug research and development around drugs and cannabinoids.

Scott Richardson, Chief Operating Officer of Celanese, will be promoted to CEO. Celanese, a chemical company, announced on December 10th local time that Scott Richardson, the current Chief Operating Officer of Celanese, has been appointed as CEO since January 1st, 2025, and will join the board of directors of the company. Richardson will succeed Lori Ryerkerk, who will resign as president, CEO and Celanese director at the end of the year. Edward Galante has been elected as an independent director of Celanese since 2013, and he will be the chairman of Celanese board, which will take effect after Ryerkerk leaves office.Thailand's cabinet approved the reduction of the bailout fee for commercial banks.The turnover of Oriental Wealth exceeded 14 billion yuan, down 1.64%.