Ye Fan, Southwest Securities: In 2025, the upward trend of domestic economy will continue, and it is estimated that the annual RRR will be lowered by about 100bp. The Central Economic Work Conference will be held in Beijing from December 11th to 12th. Ye Fan, chief economist of Southwest Securities, said that in 2025, the domestic economy will continue to stabilize and upward under the policy. From the structural point of view, infrastructure and manufacturing investment are expected to remain the main support items for domestic investment next year, and the decline in real estate investment will gradually narrow; Domestic demand is expected to play a stronger role in stimulating the economy than external demand, and domestic residents' consumption is expected to continue to pick up under the policy. Regarding the direction of fiscal and monetary policies, Ye Fan predicted that the issuance scale of ultra-long-term special government bonds will be around 1.5 trillion -2 trillion yuan in 2025, and it will continue to support the "dual" areas. In the first half of next year or the peak of government bond issuance, there may be a RRR cut for hedging. It is estimated that the RRR cut will be about 100bp for the whole year, and the interest rate cut will be decided by camera. The interest rate cut of 25bp-40bp may be promoted step by step.The semiconductor sector bottomed out, and Purran shares rose by more than 17%. The semiconductor sector bottomed out, and Puran shares rose by more than 17%. Zhongke Lanxun, Zhaoyi Innovation, Hengxuan Technology, Shanghai Beiling and Jinghe Jicheng followed suit.Turkish regulators will block access to dozens of cryptocurrency exchanges.
Australia's S&P/ASX 200 index closed down 0.4% to 8,296 points.Tesla Customer Service responded to the declaration of Cyberpickup truck in the Ministry of Industry and Information Technology: If it can be listed in China in the future, it will be known to all. On December 11th, Tesla Cybertruck electric pickup truck completed the declaration of automobile energy consumption measurement in the Ministry of Industry and Information Technology. However, on the 11th, the latest data on the China automobile energy consumption inquiry page of the Ministry of Industry and Information Technology showed that the energy consumption calculation declaration of Tesla Cybertruck electric pickup truck was also invalid on December 11th. Tesla staff responded that the policy of Cyberpickup driving in China is favorable at present, but it cannot be achieved for the time being. If it can be listed in the China market in the future, the official will announce it on the whole network.This year, the domestic game market sales revenue and game users have reached record highs. At the 2024 China Game Industry Annual Conference, Zhang Yijun, the first vice chairman of China Audio-visual and Digital Publishing Association and chairman of the Game Working Committee, released the 2024 China Game Industry Report. According to the report, in 2024, the actual sales revenue of the domestic game market was 325.783 billion yuan, a year-on-year increase of 7.53%, reaching a new high; There are 674 million domestic game users, up 0.94% year-on-year, which is also a new high point in history. In 2024, the actual sales revenue of China's self-developed games in overseas markets was 18.557 billion US dollars, up 13.39% year-on-year, and its scale has exceeded 100 billion yuan for five consecutive years, reaching a new high. (The Paper)
Chengdu Luqiao invested in the establishment of a mining company in Inner Mongolia. According to the enterprise survey APP, recently, Harqin Banner Beichenxing Mining Co., Ltd. was established, with Hu Wen as the legal representative and a registered capital of 10 million yuan. Its business scope includes: metal ore sales; Non-metallic minerals and products sales; Manufacturing of nonmetallic mineral products; Mineral processing; Mineral washing and processing; Non-metallic waste and debris processing, etc. Enterprise survey shows that the company is indirectly wholly-owned by Chengdu Luqiao.Li Zaiming, leader of the largest opposition party in South Korea, issued a statement urging members of the ruling party to support the impeachment of Yin Xiyue. Li Zaiming, leader of the Common Democratic Party, the largest opposition party in South Korea, issued a statement in the National Assembly on the 13th, calling on members of the ruling party, members of the National Force, to vote on the impeachment case of President Yin Xiyue on the 14th and support the passage of the case.Trump supports that American dockers' employers should not replace them with automated equipment. US President-elect Donald Trump met with the leaders of the International Dockers' Association on Thursday and expressed his support for the dockers' union. The union's strike in October led to the closure of ports in the east and the Gulf Coast, and may now strike again. Trump met with Harold Daggett, chairman of the labor union, and Dennis Daggett, his son and executive vice chairman, and then posted on social media: "I have studied automation and know almost everything about it. The money saved is far less than the anxiety, pain and harm it brings to American workers. " The union's strike in October closed all major container ports from Houston to Miami to Boston for three days, and then the union agreed to return to work in exchange for a 61.5% contract salary increase in the next six years.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14