Morgan Stanley upgraded Hongyuan Green Energy Co., Ltd. to parity.Morgan Stanley upgraded Dahua's rating to parity, with a target price of RMB in 19 yuan. Andy Meng, an analyst at Morgan Stanley, had a low rating. The target price is 19 yuan RMB, which is up by 12%."The number of accounts opened exceeds expectations" is a general evaluation of the pilot situation of personal pension in the industry. Starting with the announcement of the pilot list of 36 cities (regions) on November 25th, 2022, by the end of June 2023, in less than one year, the number of people opening individual pension accounts has reached 40.3 million, and by the end of June 2024, the number of people opening individual pension accounts in China has exceeded 60 million. (Securities Times)
Guotai Junan: A shares are expected to go out of the New Year's market. Recently, Guotai Junan's 2025 strategy meeting will be held in Shenzhen. The conference made an in-depth discussion and comprehensive outlook on the hot topics of market concern and the investment strategy in 2025. Fang Yi, chief strategist of Guotai Junan, said in an interview that the bottom of the A-share market has emerged, which is optimistic about the prospects of China stock market. The key driving force for the market to start comes from the decline of risk-free interest rate and the boost of risk preference. After a long period of continuous adjustment, the pessimistic expectation and microstructure of A-shares are fully clarified, and the positive signal of decision-makers to steady economic growth and support the capital market is an important cornerstone for the upward revision of long-term expectations and the elevation of the bottom of the stock market. Looking forward to the A-share market in 2025, Fang Yi said that there is still room for the optimistic policy expectation at the end of the year and the beginning of the year, and A-shares are expected to go out of the New Year's market. However, in the case of rising geopolitical conflict risks, the stock index may face a staged headwind. However, as the market stabilizes and revises the economic and policy expectations, the stock index is expected to strengthen again in the second half of 2025. (shanghai securities news)The Central Meteorological Observatory issued a blue gale warning at 18: 00 on December 11. It is estimated that there will be about 5 northerly winds and gusts of 6-8 in eastern Xinjiang, central and western Inner Mongolia, Hexi, Ningxia and northwestern Shaanxi from 20: 00 on December 11 to 20: 00 on December 12. There will be 7-8 northeast winds with gusts of 9 in the southern part of the East China Sea, the Taiwan Province Strait, the east of Taiwan Province, bashi channel and the northern and central parts of the South China Sea.Front page of China Securities Journal: Give better play to the role of "stabilizer". The reform of the investment side of the capital market has been solidly promoted. The front page of China Securities Journal stated that efforts should be made to break through the blocking points of social security, insurance, wealth management and other funds entering the market, steadily promote the reform of industry rates in Public Offering of Fund, and vigorously develop equity funds, especially indexed investment ... Recently, the reform of the investment side has been accelerated, helping to improve the function of the capital market in which investment and financing are coordinated. Market participants expect that in the next stage, around the key directions such as guiding "long money" to enter the market, enriching the product system, and promoting the development of indexed investment, the reform of the investment side will continue to be solidly promoted, and more new measures are expected to be researched and introduced, which will introduce more incremental funds to the market and better play its role as a "stabilizer" of the market. The market expects that the acceleration of investment-side reform will significantly increase the scale and proportion of medium and long-term capital investment, promote the long-term investment behavior and enhance the inherent stability of the capital market.
Most ETFs in the US stock market closed up, with semiconductor ETFs rising by over 2.4%, Broadcom by over 6.6% and NVIDIA by over 3.1%. On Wednesday (December 11th), semiconductor ETFs closed up by 2.45%, Internet stock index ETF rose by over 2%, global aviation ETF, optional consumer ETF, technology industry ETF and global technology stock index ETF rose by 1.81%-1.17%. Semiconductor concept stocks rose almost across the board, Broadcom rose by 6.63%, NVIDIA Double Long ETF rose by more than 6.1%, Laidisi Semiconductor rose by more than 5.9%, NVIDIA rose by 3.14%, while Intel, Cisco, stmicroelectronics ADR and Chipscreen fell by 0.2%-0.65%.Newly issued loans exceeding one trillion yuan to support the financing coordination mechanism for small and micro enterprises have achieved results. On the 10th, I learned from the State Financial Supervision and Administration that since the launch of the financing coordination mechanism for small and micro enterprises in October this year, various localities and banks have responded quickly and achieved initial results. According to the data from the General Administration of Financial Supervision, by the end of November, all localities had visited 12.072 million small and micro business entities based on the working mechanism, of which 1.942 million were included in the "declaration list" and 1.303 million were included in the "recommendation list". Banks granted 2.2 trillion yuan of new credit and 1.2 trillion yuan of new loans to "recommended list" business entities.New york gold futures rose by 1.3% and stood at $2,750 on the release date of US CPI inflation data. In late new york on Wednesday (December 11th), spot gold rose by 0.89% to $2,718.31/ounce, and the refresh date at 13:05 Beijing time was as low as $2,675.69-a short-term V-shaped reversal occurred, and the US CPI data failed to break around $2,695 earlier in the day. After the US Treasury Department disclosed the results of the 10-year benchmark bond at 02:00, the daily refresh rate reached $2,721.14, which stood on the 50-day moving average for two consecutive trading days (the technical index was temporarily reported at $2,669.93). Spot silver was roughly flat at $31.9030 per ounce. COMEX gold futures rose by 1.29% to $2,753.60 per ounce, and rose to $2,759.70 at 23:42, which was on the rise all day. COMEX silver futures rose 0.15% to $32.795 an ounce. COMEX copper futures fell 0.23% to $4.2620/lb.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14