WTI crude oil rose more than 2.00% in a day, and now it is reported at 68.33 USD/barrel; Brent crude oil is now up 1.8%.Valin Steel: It plans to sell 100% equity of Valin E-commerce for 480 million yuan. Valin Steel announced that it plans to sell 100% equity of Hunan Valin E-commerce Co., Ltd., a wholly-owned subsidiary, to the controlling shareholder Hunan Iron and Steel Group Co., Ltd. at a transaction price of 480 million yuan. Valin e-commerce is mainly engaged in commodity trading business. On October 31, 2024, the audited net assets were 442 million yuan, and the estimated value-added rate was 8.60%. This transaction will help the company to focus on its core business, optimize resource allocation and improve asset quality and profitability. After the completion of this transaction, Valin E-commerce will become a new related party of the company, and it is expected that the daily related transactions between the company and Hunan Iron and Steel Group will increase every year.According to the Interfax news agency, Ukraine reported that Ukrainian President Zelensky said that there are nearly 800,000 Russian troops in Ukraine.
Many houses were blown, and now it is up by 114.46%.According to statistics, on December 9, as of press time, five A-share listed companies including Jinghua Laser, Wuxi Zhenhua, Mindong Electric Power, Tefa Service and Yandongwei disclosed their holdings.More than 40 schools in the Indian capital were threatened by bombs, and nearly 1,000 bombs were threatened in air india and the airport. Police in the Indian capital, New Delhi, said on the 9th that at least 40 schools in the city received bomb threats by e-mail. However, after a preliminary investigation, the police found no suspicious items on campus. In addition, the data show that from the beginning of this year to mid-November, Indian airlines and airports were threatened by nearly a thousand bombs, and 12 people were arrested. (CCTV Finance)
Interpretation of the Political Bureau Meeting in December by CITIC Securities: It is estimated that the reverse repo rate will drop by 40-50bps next year, and the LPR and loan interest rates may drop even more. CITIC Securities Research Report pointed out that a new round of policy starting guns will be fired, and the policy inflection point will be reconfirmed, making it clear that the macro policy will be strengthened and effective in 2025. From the perspective of fiscal policy, the meeting called for the implementation of a "more active fiscal policy" and enriched the policy toolbox, which may indicate that in 2025, both deficit ratio in a narrow sense and deficit ratio in a broad sense will be significantly improved, and the focus of policy development is also expected to be marginal in the field of people's livelihood consumption. From the perspective of monetary policy, this Politburo meeting calls for the implementation of a moderately loose monetary policy. This is the first time that China has implemented a moderately loose monetary policy after 2010. It is estimated that the reverse repo rate will drop by 40-50bps next year, and the LPR and loan interest rates may drop even more. From the perspective of domestic demand policy, the statement of expanding domestic demand in an all-round way, especially "vigorously boosting consumption", exceeds market expectations. With the support of the existing policies coming into effect and the policy of increasing domestic demand, the improvement of domestic demand may have strong certainty and sustainability. In addition, in terms of structural policies, on the one hand, the meeting clearly stated that it is necessary to "stabilize the property market and the stock market", and the importance of the stock market continues to be highlighted, and real estate is still in the policy landing period; On the other hand, the meeting emphasized that "scientific and technological innovation leads the development of new quality productive forces", and new industries and future industries are expected to receive further policy support.The French CAC40 index rose by 1.00% in the day.Spot silver rose to 3.00% in the day and is now reported at $31.89 per ounce.
Strategy guide 12-13
Strategy guide
12-13
Strategy guide
Strategy guide 12-13
Strategy guide
12-13