In response to Trump's tariff threat, the Canadian Prime Minister held another meeting with provincial governors. On December 11, local time, Canadian Prime Minister Trudeau held another meeting with provincial governors to discuss the tariff threat of US President-elect Trump. This is the second time that Trudeau has held a meeting with provincial governors since Trump threatened to impose a high tariff of 25% on Canada last month. It is also the first time that Trudeau has met with governors after having dinner with Trump at Haihu Manor. Trudeau said that if Trump really continues to impose a 25% tariff on all Canadian goods shipped to the United States, Canada is prepared to make some kind of response. The outside world believes that this statement means that Canada will impose retaliatory tariffs on some American goods. (CCTV News)Morgan Stanley upgraded the rating of Jingao Technology to over-allocation, with a target price of RMB 27.36. Tongwei shares will be upgraded to overweight with a target price of RMB 39.53.Trump's NASA candidate called his future SpaceX mission a "question mark". On Wednesday, Jared Isaacman, a billionaire in science and technology, who was selected by President-elect Trump, said that his planned private astronaut mission with Musk's SpaceX company "is still a question mark and may be put on hold for the time being" because he is going to enter the government department to lead NASA.
Morgan Stanley downgraded Hikvision to equal rating, with a target price of RMB in 36 yuan. Andy Meng, an analyst at Morgan Stanley, was previously rated as over-matched. The target price is 36 yuan RMB, which is up by 14%.Reminder: Please pay attention to the employment report of Australia in November (including the number of employed people and unemployment rate) at 08: 30 (Beijing time below); ② At 16: 30, the Swiss National Bank announced the interest rate resolution; ③ At 17: 00, the International Energy Agency (IEA) released the monthly crude oil market report; ④ 21:15 The European Central Bank announced the interest rate resolution (including main refinancing rate, deposit convenience rate and marginal lending rate); ⑤ PPI in November in the United States at 21: 30, and the number of people applying for unemployment benefits for the first time in the week of December 7; ⑥ 21:45 European Central Bank President Lagarde held a press conference; 7 Broadcom released its performance report after the US stock market closed.The personal pension system will be expanded soon, and the third pillar of old-age security will be built in an all-round way. Recently, it was reported that the personal pension system will be implemented nationwide on the basis of pilot projects in 36 places. "It should be implemented nationwide soon. In fact, we have been making systematic preparations, and we are now well prepared." The staff of a state-owned bank in a non-pilot city told reporters. Industry researchers also told reporters that when the individual pension system was piloted, relevant supporting policies were made at the end of that year. "If it is fully rolled out according to the previous rhythm, there should be a saying before the end of this year." (Securities Times)
The output of new energy vehicles takes the lead to seize the new highland of intelligent competition. BYD, GAC Ai 'an and Xpeng Motors, these new energy vehicle brands have helped Guangdong-Hong Kong-Macao Greater Bay Area become the highland of new energy vehicle industry in China. The data shows that one out of every four new energy vehicles in China is "made in Guangdong". At present, a number of leading enterprises in Guangdong-Hong Kong-Macao Greater Bay Area have emerged, such as Shenzhen Yinwang, Zhuoyu, Wen Yuan Zhixing, Xiaoma Zhixing, Desai Xiwei and Sagitar Juchuang, which have formed a perfect intelligent networked automobile industry chain. According to the insiders, intelligentization provides power for the "second half" of the development of new energy automobile industry, and Guangdong-Hong Kong-Macao Greater Bay Area is seizing the new highland of intelligent networked automobile industry.Market participants: In 2025, the steel industry may deduce the upstream profit-making logic. At the 2025 China steel market prospect and the annual meeting of "My Steel", whether the profit space of steel enterprises can be enlarged in 2025, whether the supply-side capacity will be withdrawn in an orderly manner, and what factors should be relied on for the long-term development of enterprises have become the minds of many participants. The industry believes that the survival pressure of steel enterprises may be eased in 2025. The upstream supply of iron ore, coke and coking coal will reduce their prices, and the cost of steel enterprises will fall. The market may deduce the upstream profit-making logic. Market participants said that although steel prices are still expected to decline in 2025, the profit margin of steel enterprises may increase. (SSE)Guotai Junan: A shares are expected to go out of the New Year's market. Recently, Guotai Junan's 2025 strategy meeting will be held in Shenzhen. The conference made an in-depth discussion and comprehensive outlook on the hot topics of market concern and the investment strategy in 2025. Fang Yi, chief strategist of Guotai Junan, said in an interview that the bottom of the A-share market has emerged, which is optimistic about the prospects of China stock market. The key driving force for the market to start comes from the decline of risk-free interest rate and the boost of risk preference. After a long period of continuous adjustment, the pessimistic expectation and microstructure of A-shares are fully clarified, and the positive signal of decision-makers to steady economic growth and support the capital market is an important cornerstone for the upward revision of long-term expectations and the elevation of the bottom of the stock market. Looking forward to the A-share market in 2025, Fang Yi said that there is still room for the optimistic policy expectation at the end of the year and the beginning of the year, and A-shares are expected to go out of the New Year's market. However, in the case of rising geopolitical conflict risks, the stock index may face a staged headwind. However, as the market stabilizes and revises the economic and policy expectations, the stock index is expected to strengthen again in the second half of 2025. (shanghai securities news)
Strategy guide 12-14
Strategy guide
12-14