Hua Fu Securities Interpretation of the Politburo Meeting in December: More incremental policies can be expected in the future. The Hua Fu Securities Research Report pointed out that the Politburo Meeting in December decided to implement more active and promising macro policies in economic work next year, which released major signals to the market, including: First, it proposed to implement a more active fiscal policy, which was also proposed in response to the impact of the COVID-19 epidemic in 2020. Second, it is proposed to implement a moderately loose monetary policy, which is more positive than the previous statement. Moreover, from the historical experience, the "moderately loose" monetary policy implemented in China after the last financial crisis in 2009-2010 has significantly enhanced its support for economic growth. This change in expression will send a clearer and clearer policy signal to the market. Third, it is proposed for the first time to strengthen unconventional countercyclical adjustment, and more incremental policies can be expected in the future. Fourth, after the policy adjustment, the expansion of domestic demand will be put in the first place, which highlights the importance and policy determination of expanding domestic demand next year. The follow-up consumption promotion policy may exert its efforts in many aspects, such as continuously promoting the trade-in of consumer goods, introducing incremental measures related to service consumption, and improving the support and protection of low-and middle-income people. Fifth, it is clearly proposed to stabilize the property market stock market, which will help to continuously consolidate the momentum of stabilization and recovery of the real estate market and give full play to the important functions of the capital market.We hope to continue to establish constructive relations with Britain.Dekang Agriculture and Animal Husbandry: In the first November, the sales volume of live pigs was 7,825,500, and the sales income was about 16.773 billion yuan. Dekang Agriculture and Animal Husbandry announced on the Hong Kong Stock Exchange on December 9 that the sales volume of live pigs in November was 892,800, and the sales income was about 2.036 billion yuan. From January to November, the sales volume of live pigs was 7.8255 million, and the sales income was about 16.773 billion yuan.
Kaitou Macro: The fall of Assad is unlikely to have a major impact on the energy market. Jason Tuvey, an analyst at Kaitou Macro, said that the fall of former Syrian President Assad is not expected to have a major impact on the energy market. The economist said that even at the peak of about 600,000 barrels per day in the early 21st century, Syria's oil production only accounted for a small part of the global oil supply, and since the beginning of the civil war in 2011, Syria's oil production has declined. At present, the country's oil production is less than 100,000 barrels per day, and most of the country's oil infrastructure has been destroyed. In a report to clients, Tuvey said: "Even if the political situation stabilizes, it will take years or even decades to rebuild, and its economy may never return to the pre-war scale. The situation in the energy market is similar. "The Great Wall Fund with "Moderately Loose" Monetary Policy: It is expected to open up space for the downward trend of bond interest rates. the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9. The meeting pointed out that a moderately loose monetary policy should be implemented next year. The Great Wall Fund said that based on the "moderate easing" of monetary policy next year, the downside of bond interest rates is expected to be further opened, optimistic about the bond market in the coming year; At the same time, with the coming of the New Year's market, the bond interest rate may further decline in the context of loose liquidity and the entry of insurance funds.
German Finance Minister: The German government is optimistic that European fiscal rules will be properly implemented.At least two people were killed when a fuel depot exploded in central Italy. On December 9, local time, a fuel depot exploded in the suburb of Florence in central Italy, killing at least two people and injuring eight others. The reporter at the reception desk was informed that the explosion caused a fire, but the fire was limited to the loading and unloading area of the fuel depot. The local civil defense department asked nearby residents to close their windows and stay away from the fuel depot area. After the explosion, some railway operations from Florence to Bologna were suspended, and the expressway exit near the fuel depot was closed in both directions. It is understood that the fuel depot belongs to Eni Group, a major Italian energy company.Puli Pharmaceutical Co., Ltd.: The company is under investigation by the China Securities Regulatory Commission, and there is a risk of being forced to withdraw from the market due to major violations of laws and regulations. Puli Pharmaceutical announced that the company received the Notice of Filing from the China Securities Regulatory Commission on July 7, 2024 for being suspected of violating laws and regulations in information disclosure. At present, the investigation by China Securities Regulatory Commission is still in progress, and the company has not received any conclusive opinions or decisions on the above-mentioned investigation. If the facts identified by the China Securities Regulatory Commission's administrative punishment are followed up, and the company touches the situation of forced delisting due to major violations of laws stipulated in the Listing Rules of Growth Enterprise Market of Shenzhen Stock Exchange, the company's shares are at risk of being forced to be delisted due to major violations of laws.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13