Barclays: There is a high degree of uncertainty in the US interest rate forecast in 2025. Based on the baseline prospect of a soft landing of the US economy in 2025, Barclays interest rate strategists predict that the yields of 2-year and 10-year government bonds will close at 3.75% and 4.25% respectively next year, and the yield difference between 2s10s will widen by about 50 basis points. According to the report, interest rate cuts should push interest rates down, while longer-term yields are under pressure from factors such as rising neutral interest rates, high interest rate volatility, inflation risk premium and net bond expansion. But the incoming Trump administration will bring "great uncertainty".Incremental funds can be expected to continue to expand CSI A series products, and CSI A series products are still expanding. Since December, CSI A500 and CSI A500 Index have welcomed many new products to be reported. At present, the number of Public Offering of Fund products around CSI A500 Index and CSI A500 Index is close to 140. Among them, 22 CSI A 500 ETFs have been listed, with tens of billions of ETFs frequently appearing. On December 9, among the third batch of CSI A 500 ETFs, many ETFs have been approved and will be launched soon. (SSE)Front-page article of China Securities Journal: Focus on synergy and cohesion to boost confidence in the stock market. The front-page article of China Securities Journal said that the the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on December 9 proposed to "stabilize the property market and stock market". Market participants believe that the key to stabilizing the stock market is to enhance the internal stability of the market, enhance the investment value of listed companies, crack down on securities crimes, strengthen investor protection, and effectively boost investor confidence. This is a systematic project, involving many aspects, which needs to be exerted in the same direction and form a joint force. The emphasis on coordination, grasping the key, will help to better cohesion and create good conditions for the healthy development of the capital market.
The co-founder of OpenAI expressed his hope to provide products in Europe, and Sam Altman, CEO of OpenAI, posted on social media X that he hoped to provide the company's products in Europe. "We want to provide our products in Europe ... we must also abide by the regulations," Altman said on X. Altman also said in the post that the release of European products may be delayed and some services may not be available.Thirty-one A-share companies predict that their performance will increase by 70% in 2024. Near the end of the year, A-share companies have predicted their full-year performance in 2024. The data shows that as of December 9, a total of 31 A-share listed companies have predicted their performance in 2024, of which 22 companies have pre-increased their net profit for the whole year. From the industry point of view, the performance of computer, electronics and other sub-sectors is more eye-catching, and most pre-growth companies are concentrated here. From the perspective of enterprise types, the companies that take the lead in producing transcripts are mainly private enterprises. Many new stock companies not only bring their bright transcripts to the market in the past two years, but also predict the good performance in 2024 in the prospectus.The global central bank's big move at the end of the year is surging in the foreign exchange market, and the end of the year is approaching, and the global central bank has entered an intensive interest rate discussion cycle. In the next two weeks, monetary policy meetings of major central banks around the world will follow one after another-this week, many central banks including the European Central Bank, the Bank of Canada, the Reserve Bank of Australia, and the Swiss National Bank will announce interest rate resolutions; Next week, the Federal Reserve, the Bank of Japan and the Bank of England will also take turns to stir up the market. This week, a number of central bank interest rate resolutions will be welcomed. According to the schedule, the Reserve Bank of Australia, the Bank of Canada, the Swiss National Bank and the European Central Bank will announce interest rate resolutions one after another this week.
Make a good investment and actively plan and reserve major projects. As a "ballast stone" to stabilize economic growth and a "strong engine" to promote high-quality economic development, the construction of major projects plays a vital role in the economic development of various places. The reporter noted that near the end of the year, many places continued to exert their efforts in the construction of major projects, both to accelerate the construction and to actively plan reserve projects for next year. Statistics from the National Bureau of Statistics show that from January to October this year, the investment in projects with a planned total investment of 100 million yuan or more increased by 7.1% year-on-year, and the growth rate was 3.7 percentage points higher than the total investment; It has boosted the total investment by 3.8 percentage points, showing that the investment in large projects plays an obvious supporting role. While the construction of major local projects has been accelerated, some places have started planning and preparation in advance to make a good investment in 2025. (Securities Daily)Incremental funds can be expected to continue to expand CSI A series products, and CSI A series products are still expanding. Since December, CSI A500 and CSI A500 Index have welcomed many new products to be reported. At present, the number of Public Offering of Fund products around CSI A500 Index and CSI A500 Index is close to 140. Among them, 22 CSI A 500 ETFs have been listed, with tens of billions of ETFs frequently appearing. On December 9, among the third batch of CSI A 500 ETFs, many ETFs have been approved and will be launched soon. (SSE)At the end of the year, the scale of basic industry trusts increased by nearly 50% in a single month, and collective trusts ushered in the peak of issuance, especially basic industry products. According to incomplete statistics of public information, the newly established asset management trust products increased by 23.83% in November, and the newly established scale increased by 109.72%. Among them, the scale of the establishment of basic industry trusts has increased by nearly 50%. According to industry observers, the above situation is mainly influenced by factors such as the year-end impact scale and the hot capital market, which drives the hidden bond swap. (Securities Times)
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13