Spot gold broke through the $2,670.00/oz mark, and the latest price was $2,670.07/oz, up 1.41% in the day; COMEX gold futures main force recently reported $2,693.30 per ounce, up 1.27% in the day.Deutsche Bank raised lululemon's target price from 292.00 to 396.00.Regulators continue to strengthen the prevention and control of insider trading in mergers and acquisitions to maintain the "three public" order in the capital market. Recently, the securities regulatory bureaus in Hunan and Zhejiang have issued several tickets for insider trading, which fully demonstrates the determination and attitude of the regulatory authorities to "zero tolerance" for illegal securities activities. Insider trading steals the profit opportunities that belong to the majority of investors by obtaining information in advance, which seriously undermines the market order of "three publics", encourages the atmosphere of asking for information and speculation, interferes with investors' value judgment, affects the market pricing function, and infringes on the legitimate rights and interests of investors. The Shanghai Stock Exchange learned that regulators are continuing to strengthen the prevention and control of insider trading in mergers and acquisitions to help maintain the normal functioning of market pricing functions.
The word "moderate easing" releases the economic signal next year. On December 9, an important meeting was held. The meeting analyzed and studied the economic work in 2025, and mentioned that a moderately loose monetary policy should be implemented next year. Since 2011, China has maintained a sound monetary policy tone for a long time. This time, the prefix of monetary policy has changed to "moderately loose", which means that economic policy will provide more liquidity next year. (Yuyuan Tan Tian)Interpretation of Guangfa Strategy December Politburo Meeting: The change of policy tone "not seen for several years" is more direct to the determination to support the stability of the equity market and the real estate market. Guangfa Strategy Review December Politburo Meeting said that although the draft of the meeting did not involve specific economic target figures, the change of policy tone was "not seen for several years": (1) "Strengthening unconventional countercyclical adjustment" appeared for the first time in the draft of the conference, and we understand that this may well mean that the official target of deficit ratio will be unconventional. (2) "Moderately loose monetary policy" has reappeared since July 2010, and it has been "steady" during the period. Even in the 14-15 monetary easing cycle, there was no adjustment of this wording, which paved the way for the expectation of monetary easing in 25 years; (3) The "more active fiscal policy" has reappeared since July 2020. Under the special background of the 20-year epidemic, the official target of deficit ratio in that year was set at 3.6%, which was the highest since 2010. The change of tone after four years also indicates that the deficit space in 25 years is expected to be further opened. Specific to economic work, the first priority is to "expand domestic demand", and the expression of "stabilize the property market and stock market" is more straightforward: the importance of expanding domestic demand is unquestionable, which alleviates the concern of "whether to only resolve risks and lack demand stimulation" in the early stage of the market; In September, the Politburo meeting stated that the stock market should strive to boost the capital market and the property market should "promote the real estate market to stop falling and stabilize". This meeting was more direct in its determination to support the stability of the equity market and the real estate market.VinFast's second factory in Vietnam has doubled its production capacity to accelerate global expansion. VinFast Auto, a Vietnamese electric vehicle manufacturer, announced its expansion plan to build a second production plant in Vietnam, with a view to doubling its production capacity and meeting the growing market demand for its small and medium-sized models. The new factory is expected to have an annual production capacity of 300,000 vehicles, which is the same as the company's existing factory in Haiphong, and is scheduled to be put into production in July next year. In addition, VinFast also announced plans to establish assembly plants in Indonesia and India, and postponed the start-up time of the factory originally scheduled for North Carolina to 2028. These measures mark the further expansion and deepening of VinFast in the global electric vehicle market.
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.Ministry of Civil Affairs: The Chinese Stomatological Association was ordered to strictly review the membership qualifications of registered members. Recently, the reporter exposed the chaos of dental medical institutions and the management of members of the Chinese Stomatological Association. Today, the Social Organization Administration of the Ministry of Civil Affairs issued a statement. After verification, the recent media report that the Chinese Stomatological Association failed to effectively review the membership of ordinary members and specialist members is true. The Social Organization Administration of the Ministry of Civil Affairs ordered the Society to strictly review the membership qualifications of registered members, and to explain and rectify the relevant situation. In the next step, the Social Organization Administration Bureau of the Ministry of Civil Affairs will urge the Chinese Stomatological Association to consciously accept social supervision and rectify the existing problems in place. (CCTV News)Dow opened up 0.04%, Standard & Poor's 500 fell 0.1%, Nasdaq fell 0.3%, China Stock Exchange rose sharply, bilibili rose 12.0%, Shell rose 11.9%, Netease rose 9.3%, Pinduoduo rose 8.5%, Ctrip rose 7.2% and Weilai rose 6.9%. NVIDIA fell by 2.4%, and the State Administration of Market Supervision decided to file an investigation according to law. Palantir rose by 6.5% and reached a new contract with the US military.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13