Afternoon comment: index adjustment The Shanghai Composite Index fell by 1.49% in half a day. Bean bag concept stocks were strong in early trading, and the index was collectively adjusted in early trading. The three major stock indexes all fell by more than 1%. In terms of sectors, the concept stocks of bean bags were strong in early trading, and the collective daily limit of three-dimensional communication, Beiwei Technology, Global Printing, and Zhewen Internet; The concept of ice and snow industry continued its upward trend. Jingxue energy-saving 20cm daily limit, iceberg cold and hot, snowman shares and other daily limit closures; The game e-sports sector is active, and the daily limit of Zhewen Internet and Electric Soul Network is up; Real estate stocks continued to adjust, and Hefei Urban Construction and Gorgeous Family were among the top losers. Food, liquor and other consumer sectors fell into a callback, and Yiming food fell to a limit; Insurance stocks weakened collectively, led by China Life Insurance. Overall, individual stocks showed a general decline trend, with more than 4,100 stocks falling. On the disk, the Aauto Quicker concept, short play games and cultural media sectors were among the top gainers, while the insurance, liquor and real estate sectors were among the top losers.Huatai Securities: The countercyclical adjustment is stronger than expected, and the expansion of domestic demand may fall on the policy of boosting consumption. Huatai Securities believes that the macro-policy orientation conveyed by the Central Economic Work Conference is more positive, in fiscal policy (expanding deficit, increasing special national debt, expanding the use scope of special debt, etc.), monetary policy (moderately easing, timely lowering the RRR and cutting interest rates), real estate and capital market (stabilizing the property market and stock market), and expanding domestic demand policy (implementing special actions to boost consumption) In terms of currency securities, Huatai Securities believes that there is still room for interest rate cuts. On the one hand, the current real interest rate level is still high in horizontal comparison; On the other hand, credit expansion, especially the balance sheet expansion of developers and local governments, is relatively weak, and the cost of capital has room for further decline. It is expected that the central bank will cut interest rates by 30-50 basis points next year, but the pace may be affected by external changes and exchange rates.District 9 of Beijing issued a gale warning. At present, Huairou, Yanqing, Changping, Haidian, Mentougou, Fangshan, Chaoyang, Pinggu and Shijingshan have issued a blue gale warning signal. Today, the wind-cold effect is obvious, and the body feels cold. We should pay attention to wind and cold protection, and stay away from temporary structures such as billboards and tall trees, and do a good job in outdoor aerial work.
Institution: It is expected that the PC market in China will resume growth in the second half of 2025. IDC, an international data company, issued a document saying that the overall PC market in China is expected to improve in 2025, and the shipment volume will drop slightly by 0.2% compared with that in 2024. Among them, the first half of 2025 will be affected by the early release of demand at the end of 2024, and the expected shipment volume is still negative, down 4.2% year-on-year; In the second half of 2025, it will improve as a whole, with a year-on-year growth rate of 3.0%.Hezhou, Guangxi: It is planned to resume accepting applications for individual housing provident fund loans such as newly-built single-family commercial houses and townhouses. The Hezhou Housing Provident Fund Management Center of Guangxi Zhuang Autonomous Region issued an announcement on publicly soliciting opinions on the Notice on Adjusting the Use Policy of Housing Provident Fund in this Municipality (draft for comments). The document also requires that the proportion and number of housing provident fund loans be optimized. The minimum down payment ratio for the first and second sets of housing provident fund loans is not less than 20%. The number of housing units applying for housing provident fund loans is determined according to the number of housing units of the applicant's family in the place of purchase (Babu District, Pinggui District, Zhongshan County, fuchuan county and Zhaoping County). Increase efforts to support the purchase of houses in different places and withdraw housing provident fund. Cancel the restrictions on the residence registration and work place for purchasing houses in different places. If the depositor of the housing provident fund in this city purchases self-occupied houses in different places, and the purchase time is within two years from the date of issuance of this notice, he may apply for the purchase of houses and withdraw the housing provident fund, and the total withdrawal amount shall not exceed the purchase price paid. If you have applied for a house purchase loan and repaid it for one year, you can apply for withdrawing the housing provident fund to repay the housing loan. The document also proposes to resume accepting applications for individual housing provident fund loans for newly-built single-family commercial houses, townhouses with low floors, townhouses with multi-floors and non-standard duplex houses.Hong Kong stock black sesame intelligence once rose more than 20%. The company was recently included in the Hong Kong Stock Connect, and its interim net profit turned a profit year-on-year.
The winning bid rate of China's 2-year treasury bonds was 1.06%, which was 31 basis points lower than last month. The Ministry of Finance of China issued treasury bonds today, and the weighted average winning bid rate of 2-year varieties was 1.06%. The data shows that the bid-winning interest rate is about 31 basis points lower than that when the national debt of the same term was issued in November, the lowest since Bloomberg recorded it in 2004.Market News: mitsubishi electric is negotiating with Japanese domestic competitors to jointly produce power chips, and advocates an alliance in manufacturing key components that drive global equipment.South Korea's South Gyeonggi Police Department was detained and searched. The South Korean police responsible for investigating the martial law storm said on the 13th that it was detaining and searching the South Gyeonggi Police Department. According to Yonhap News Agency and other media reports, the special investigation team of the National Investigation Headquarters under the South Korean Police Department sent investigators to the South Gyeonggi Police Department on the same day to detain and search the director's office and obtain computer and business information. The report said that after the martial law was announced on the evening of the 3rd, the southern police department of Gyeonggi deployed police to the building of the Central Election Management Committee in Guochuan City, Gyeonggi Province and the election training institute in Suwon City, Gyeonggi Province.
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
Strategy guide 12-14