China's 10-year government bond yield fell by 5 basis points to 1.855%, a record low.The fund sentiment continues to pick up, and the rebound of A shares is expected to continue! Half-day turnover of Shanghai and Shenzhen 300ETF South (159925) exceeded 90 million yuan. By midday on December 10th, Shanghai and Shenzhen 300ETF South (159925) had increased by 1.83%, with a turnover of 90299400 yuan. Component stocks rose strongly, with China Ping An, China Merchants Bank and Wuliangye rising by over 3%, while Kweichow Moutai, Midea Group and Contemporary Amperex Technology Co., Limited rising by over 2%. In the news, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9th to analyze and study the economic work in 2025. The meeting stressed that it is necessary to "implement more active and promising macro policies." Galaxy Securities said that looking forward to the market outlook, from the macro event point of view, the US interest rate cut is expected to heat up in December, and the superimposed domestic PMI data performed well. The follow-up policy stimulus and financial data are expected to support the continuous recovery of capital sentiment, which can be appropriately optimistic. In addition, there have been many discussions on the upcoming meeting recently, and there are still strong expectations for stimulus policies. Next, the policy landing will be an important factor affecting whether the market style can be changed. If the fundamentals are expected to improve, the large and medium-sized stocks are expected to change their trend. We can pay attention to the opportunities of medium-term investment, that is, look for the turning point of the industry boom in 2025, such as new energy, medicine, advanced manufacturing, Hong Kong stock Internet and so on.Goldman Sachs: It is expected that the output of OPEC+will still depend on the data, and it is assumed that the output of OPEC+will increase for four consecutive months from next July under the strong demand in summer. It is estimated that India's oil demand will increase by 300,000 barrels per day next year, accounting for nearly 30% of the global oil demand growth.
The fund sentiment continues to pick up, and the rebound of A shares is expected to continue! Half-day turnover of Shanghai and Shenzhen 300ETF South (159925) exceeded 90 million yuan. By midday on December 10th, Shanghai and Shenzhen 300ETF South (159925) had increased by 1.83%, with a turnover of 90299400 yuan. Component stocks rose strongly, with China Ping An, China Merchants Bank and Wuliangye rising by over 3%, while Kweichow Moutai, Midea Group and Contemporary Amperex Technology Co., Limited rising by over 2%. In the news, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9th to analyze and study the economic work in 2025. The meeting stressed that it is necessary to "implement more active and promising macro policies." Galaxy Securities said that looking forward to the market outlook, from the macro event point of view, the US interest rate cut is expected to heat up in December, and the superimposed domestic PMI data performed well. The follow-up policy stimulus and financial data are expected to support the continuous recovery of capital sentiment, which can be appropriately optimistic. In addition, there have been many discussions on the upcoming meeting recently, and there are still strong expectations for stimulus policies. Next, the policy landing will be an important factor affecting whether the market style can be changed. If the fundamentals are expected to improve, the large and medium-sized stocks are expected to change their trend. We can pay attention to the opportunities of medium-term investment, that is, look for the turning point of the industry boom in 2025, such as new energy, medicine, advanced manufacturing, Hong Kong stock Internet and so on.Sichuan Luqiao established a new building materials company, and the enterprise search APP showed that recently, Sichuan Jiaojian Building Materials Co., Ltd. was established, with Qu Hong as the legal representative and a registered capital of 5 million yuan. Its business scope includes: sales of building materials; Non-metallic minerals and products sales; Manufacturing of nonmetallic mineral products; Metal ore sales, etc. Enterprise survey shows that the company is indirectly wholly-owned by Sichuan Luqiao.Goldman Sachs: It is expected that the output of OPEC+will still depend on the data, and it is assumed that the output of OPEC+will increase for four consecutive months from next July under the strong demand in summer. It is estimated that India's oil demand will increase by 300,000 barrels per day next year, accounting for nearly 30% of the global oil demand growth.
Li Jun, the former first-level senior police sergeant of the Economic Crime Investigation Corps of Jiangxi Provincial Public Security Department, was examined and investigated. On December 10th, WeChat official account WeChat reported that Li Jun, the former first-level senior police sergeant of the Economic Crime Investigation Corps of Jiangxi Provincial Public Security Department, was suspected of serious violation of discipline and law, and took the initiative to explain the problem to the organization. At present, he is being examined by the Discipline Inspection and Supervision Team of Jiangxi Provincial Commission for Discipline Inspection in the Provincial Public Security Department and supervised by the Supervision Committee of Yushan County, Shangrao City.Shisi Pharmaceutical Group: Dilalos dispersible tablets (125mg) have obtained the approval of pharmaceutical production registration. Shisi Pharmaceutical Group announced on the Hong Kong Stock Exchange on December 10th that it has obtained the approval of pharmaceutical production registration of Dilalos dispersible tablets (125mg) in National Medical Products Administration, China, which belongs to the fourth category of chemicals and is deemed to have passed the consistency evaluation. Deslorax dispersible tablets are mainly used to treat chronic iron overload caused by frequent blood transfusion in patients with β -thalassemia over two years old, and chronic iron overload in patients with transfusion-independent thalassemia syndrome over 10 years old.Tongliao, Inner Mongolia: Support the use of provident fund balance to pay the down payment for house purchase. On December 9, Tongliao Housing Provident Fund Center of Inner Mongolia issued the Notice on Optimizing and Adjusting the Use Policy of Housing Provident Fund. The document proposes to increase the calculation amount of housing provident fund loans. Before the adjustment, it was "the amount of housing provident fund loan application does not exceed 20 times the balance of the account", and after the adjustment, it was "the amount of provident fund loan does not exceed 25 times the balance of the provident fund account", which will be implemented as of the date of issuing the notice. At the same time, support the use of provident fund balance to pay the down payment for house purchase. Support depositors to withdraw the balance of housing provident fund as the down payment for the purchase of newly-built self-occupied housing, that is, after the purchaser and the development enterprise sign the proposed purchase contract (agreement), they can apply for withdrawing the balance of housing provident fund account to pay the down payment for the purchase, which will be implemented from December 20. Tongliao will also adjust the maximum age for employees to repay loans. According to "Measures of the State Council on Gradually Delaying the Statutory Retirement Age", the term of individual housing loans for housing provident fund will be extended to 68 years for men and 63 years for women, or to 5 years after the statutory retirement age of depositors, with the longest loan term not exceeding 30 years. This policy will be implemented as of January 1, 2025.