The Houthi armed forces in Yemen claimed to carry out military operations in Ashdod, Israel and hit the target. On December 9, local time, the Houthi armed forces in Yemen issued a statement saying that they successfully launched a military operation in Ashdod, Israel, and successfully hit the target.Minister Wang Wentao met with WTO Director-General Ivira. On December 9, Minister of Commerce Wang Wentao met with WTO Director-General Ivira in Beijing. The two sides had an in-depth exchange of views on WTO reform and deepening cooperation between China and the WTO. Wang Wentao said that the reform of the WTO is of great significance in coping with common global challenges, and China is willing to make joint efforts with all parties to promote positive progress in the reform. China supports the WTO to achieve more results in the field of development and calls for the normal operation of the dispute settlement mechanism. China supports the early incorporation of the investment facilitation agreement into the WTO legal framework, the conclusion of the second-stage agreement on fishery subsidies, the conclusion of the negotiations on the joint statement on e-commerce, and the promotion of multilateral trade rules to keep pace with the times. (Ministry of Commerce)Domestic futures closed at night, with coke up 5.6%, glass up about 5%, coking coal and synthetic rubber up over 4%, rebar up over 3% and iron ore up about 2.7%.
The Bank of England plans to further provide liquidity through key repurchase tools, and the Bank of England plans to provide more liquidity to banks at a lower price to cope with the possible cash shortage in the British financial system in the future. On December 9th, the Bank of England said that it would increase the available reserve in the auction of indexed long-term repo (ILTR) from 25 billion to at least 30 billion pounds (about 38 billion US dollars). It is planned to provide more reserves at a lower "initial pricing level" and adjust the price for obtaining more reserves. These suggestions were made in a consulting report released on Monday, just before Dave Ramsden, vice governor, made a speech on financial stability. The Bank of England said it expects these adjustments to be implemented in the second quarter of 2025.Russian President Vladimir Putin said that the regulation of the Internet and artificial intelligence must strike a balance between stimulating progress and personal data security.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 stock private placement position hit a new high since October, and the subjective private placement of 10 billion yuan significantly outperformed the quantification. The stock private placement position hit a new high in October, and more than half of the private placements were in Man Cang. According to the data of the third-party organization's private placement network, since September 30, the stock private placement position index has been on the rise as a whole. As of November 29 (due to information disclosure compliance and other reasons, the net value of private placement and position calculation data are relatively lagging behind), the stock private placement position index value is 73.61%, which is a new high since September 30. Among them, the index value of 10 billion private placements is 77.78%, which is 4.17% higher than the position value of 73.61% of stock private placements. At the same time, private equity in Man Cang accounts for more than half. According to the data of private placement network, as of November 29, 52.13% of the stock private placement positions were at the level of Man Cang; 26.87% of the stock private placement positions are at a medium level.Many houses were blown, and now it is up by 114.46%.Tesla once rose above $404, hitting an intraday high since November 2021. The current increase in the day is over 4%, and the intraday market value is 1,299.408 billion US dollars.
Strategy guide 12-13
Strategy guide
12-13