Two-way opening-up continues to deepen, and foreign-funded institutions continue to be optimistic about China's capital market. Near the end of the year, many foreign-funded institutions have issued investment strategies for 2025. Foreign-funded institutions generally believe that a series of incremental policies since the end of September are gradually exerting their effects, providing strong support for China's stable economic growth and high-quality development. At the same time, the interconnection of financial markets continues to deepen, and the system of qualified foreign investors continues to be optimized, which also makes foreign investors' interest in investing in China continue to rise. Many foreign-funded institutions such as Goldman Sachs, UBS and Morgan Asset Management continue to be optimistic about the market outlook of China's capital market. Xing Ziqiang, chief economist of Morgan Stanley in China, said that the regulatory authorities are increasingly friendly to foreign investment, and the attention of overseas long-term capital and foreign investors to China is also developing in a positive direction. With the coordinated efforts of reform, it is believed that China's economy and market confidence will continue to stabilize and rebound. (Securities Times)Kress, the chief financial officer of NVIDIA, sold shares and cashed in $9.03 million.Market News: An earthquake of magnitude 6.09 occurred on the border between Argentina and Chile.
CITIC Securities: The growth rate of supply is expected to move down rapidly, and there is room for aluminum price increase. According to the research report of CITIC Securities, the growth rate of global electrolytic aluminum production is expected to be 3.6%/2.2%/1.7%/0.9% from 2024 to 2027, showing a rapid downward trend. At the same time, our calculation results show that the incentive price of overseas electrolytic aluminum projects may be as high as 3000 US dollars /24000 yuan. The current aluminum price is difficult to stimulate overseas capacity expansion. We are optimistic about the rising space of aluminum price and the allocation value of aluminum plate under the background of strong supply constraints. Maintain the aluminum plate "stronger than the market" rating.In November, the growth rate of new loans was 580 billion yuan, and the growth rate of housing loans rebounded. According to the November credit data released by the People's Bank of China yesterday, the financing demand of the real economy continued to show a marginal improvement trend under the continuous effect of a package of incremental policies. In the month, RMB loans increased by 580 billion yuan, and personal mortgages stabilized and rebounded. In the month, medium and long-term loans of households increased by 300 billion yuan, a significant increase from the previous month. The change of residents' medium and long-term loans is closely related to residents' willingness to buy houses. In November, the medium and long-term loans of residents improved significantly compared with October, mainly because personal loans stabilized and rebounded, which confirmed each other with the marginal improvement of real estate market transactions in that month. In November, the year-on-year growth rate of commercial housing transaction area in 30 large and medium-sized cities turned from negative to positive, and the transaction has remained relatively active since December. The reporter learned from the central bank that with the gradual effectiveness of the package of incremental policies to stabilize the real estate market, the phenomenon of early repayment of personal mortgages has been significantly reduced, and the growth rate of housing loans has recently picked up. In October this year, the amount of personal mortgage loans exceeded 400 billion yuan, and the amount of early repayment decreased. The proportion of early repayment in the balance of personal housing loans was significantly lower than that before the introduction of a package of incremental policies.The second vote of the National Assembly on the impeachment case of Xiyue is obviously shaken and split within the ruling party. At 4 pm local time on the 14th (3 pm Beijing time today), the plenary session of the National Assembly of South Korea will once again vote on the impeachment case of South Korean President Yin Xiyue. If the impeachment case is approved by at least two thirds, that is, at least 200 votes, Yin Xiyue will be suspended immediately and the impeachment case will be handed over to the Korean Constitutional Court for a final ruling. Since the opposition camp in South Korea, which supports the impeachment of Yin Xiyue, has a majority of 192 seats in the National Assembly, Yin Xiyue's impeachment case will be passed in the National Assembly of South Korea as long as 8 of the 108 ruling party members vote in favor. It is reported that the ruling party will hold another emergency meeting of members of parliament before voting this afternoon. According to the news coming out, the ruling party may revise its boycott position in the last voting and will not restrict members from entering the venue to vote. Some analysts even said that the number of members of the ruling party in favor of the impeachment case may far exceed eight. (CCTV News)
Syrian Human Rights Watch: Israeli troops attacked many places in Syria. According to Syrian Human Rights Watch's early morning news on the 14th local time, Israeli troops attacked the Kasong Mountain area in Damascus, the Syrian capital, the Harhala military airport in Suweida province in southern Syria and the military factory in Mesyaf, Hama province in western Syria on the evening of 13th. The Israeli military has not responded to this.CITIC Securities: The growth rate of supply is expected to move down rapidly, and there is room for aluminum price increase. According to the research report of CITIC Securities, the growth rate of global electrolytic aluminum production is expected to be 3.6%/2.2%/1.7%/0.9% from 2024 to 2027, showing a rapid downward trend. At the same time, our calculation results show that the incentive price of overseas electrolytic aluminum projects may be as high as 3000 US dollars /24000 yuan. The current aluminum price is difficult to stimulate overseas capacity expansion. We are optimistic about the rising space of aluminum price and the allocation value of aluminum plate under the background of strong supply constraints. Maintain the aluminum plate "stronger than the market" rating.Today, the reference price of the original box of Feitian Maotai rose to 2270 yuan/bottle in 24 years. The latest wholesale reference price disclosed by the wine price today shows that on December 14th, the original box price of Feitian Maotai in 24 years was reported at 2270 yuan/bottle, up by 10 yuan from the previous day. In 24 years, the price of Feitian Maotai bulk bottles was reported at 2210 yuan/bottle, which was the same as the previous day.