The concept of bean curd set off the tide of research institutions to "break through" the threshold of listed companies, and the theme of artificial intelligence (AI) was once again hot in A shares. This time, bean bag concept stocks have become the "most beautiful" in the market after Kimi concept stocks and Zhipu concept stocks. With the warming of the market, the related listed companies with the concept of bean curd have also been "stepped through the threshold" by institutions. Recently, many Tik Tok bean bag concept stocks such as Zhongke Lanxun, Lexin Technology, Zhongke Chuangda and Haitian Ruisheng have been investigated by hundreds of institutions. (Securities Times)Warner Bros. exploration closed up 15%, its best one-day performance in a year. In the news, the company announced that it will implement a new corporate structure, aiming at enhancing its strategic flexibility and creating potential opportunities for releasing additional shareholder value. Under the new architecture, Global Linear Networks and Streaming & Studios will operate as two separate departments.BNP Paribas looks forward to 2025: The Federal Reserve is expected to stay put for the whole year, and the US yield will rise. The 2025 outlook report released by BNP Paribas on Thursday shows that the yield of US Treasury bonds is expected to rise, and under the strong dollar, it will reach parity against the euro. The bank predicts that with the entry into force of the tariff measures proposed by the incoming Trump administration, the US inflation rate will start to pick up from the middle of next year, prompting the Fed to remain inactive throughout 2025. Calvin Tse, the bank's head of macro strategy for the Americas, said that customers are advised to continue to allocate low US Treasury bonds next year, because they expect that inflation will accelerate from mid-2025 after the soft landing of the economy, and the yield of 10-year Treasury bonds will be 4.65% at the end of the year. Tse also said that inflation is expected to be higher and the Fed is more hawkish next year.
Expert comment: Grasp the core essence of "stabilizing the property market" and explain in detail the main starting points of real estate in the new stage. The Central Economic Work Conference was held in Beijing from December 11th to 12th. Yan Yuejin, vice president of Shanghai Yiju Real Estate Research Institute, believes that "stabilizing the property market" should have a systematic and complete working path, including stabilizing housing consumption, stabilizing enterprise investment, promoting stock digestion, etc., and ultimately creating more power for the release of domestic demand. (Xinhua News Agency)Canada is considering imposing tariffs on key resources exported by the United States, calling this a "last resort". It is reported that Canada is currently studying the imposition of export taxes on its main commodities exported to the United States, including uranium, oil and potash fertilizer. According to officials familiar with the internal discussions in the Canadian government, export tariffs will be Canada's last resort (if US President-elect Trump fulfills his promise to impose extensive tariffs). Retaliatory tariffs on American-made goods and export controls on some Canadian products will be more likely to be introduced first. But these officials said that if Trump decides to launch a full-scale trade war, Canada's export tax on goods is a practical choice. The Trudeau government may also propose to expand the power of export control.The yield of 10-year treasury bonds approached 1.8%. On December 12, the bond market continued its strong market, and the yield of 10-year treasury bonds approached the important mark of 1.8%, and the short-term interest rate bonds appeared to make up the market. Analysts believe that the downside of the current policy interest rate is open, and the market interest rate may accelerate to a balanced low. At the same time, the market is gradually overdrawn, and the institution advises investors to pay attention to the allocation value of local government bonds and rationally arrange the trend investment opportunities at the end of the year and the beginning of the year. (SSE)
Doing a good job of macro-policy "combination boxing" to promote the sustained economic recovery. After the the Political Bureau of the Communist Party of China (CPC) Central Committee Conference released a strong signal that the policy of steady growth will be significantly increased in 2025, the Central Economic Work Conference held on December 11-12 further refined the "task book" for macro-policy implementation. Experts said that the implementation of fiscal and monetary policies will be significantly enhanced in 2025. For example, improve the fiscal deficit ratio, continue to implement the vigorous RRR cut and interest rate cut, and so on. At the same time, under the requirements of "system integration and coordination", policies and reform and opening-up measures in finance, currency, employment and other aspects will pay more attention to coordination, lay a good "combination boxing", give better play to policy effectiveness, and strive to promote sustained economic recovery. (CSI)Financial institutions are in full swing, and a new round of "staking the land" is just around the corner. Recently, five departments jointly issued the Notice on the Full Implementation of the Personal Pension System. China securities journal reporter learned that when the personal pension system is fully rolled out, banks, insurance and other financial institutions with exhibition qualifications are already in full swing to prepare for the upgrading and optimization of personal pension business, and a new round of bank account opening, deposit and agency sales is about to start, and the product reserves of various financial institutions will also reach a new level. (CSI)Minsheng Securities: The six key signals of the economic work conference. According to the macro team research report of Minsheng Securities, the economic work conference gave "from point to face" answers to the questions raised by the Politburo meeting. Therefore, in order to grasp the main economic line next year, we think the following six signals are very critical: First, face up to external and internal problems and risks more frankly. Second, directly "winning numbers" raised the deficit, which is rarely seen in history. Third, the importance and determination to boost consumption are unprecedented. Fourth, monetary policy focuses on continuity and strength, and completes the cooperation with finance. Fifth, stabilize the property market and the stock market, and make clear that the bottom may be the most important at present. Sixth, the new idea of the supply side-rectifying the "involution".
Strategy guide 12-14
Strategy guide
12-14