The "New energy Fund" subsidy has a strong impact! In December, China's sales of New energy Fund vehicles increased by 37.5% year-on-year, with a penetration rate exceeding 50% for five consecutive months in 2024.
The Passenger Vehicle Federation stated that in 2024, the wholesale, production, and export of the passenger vehicle market will all reach annual historical highs, and there is still huge potential for consumer promotion in 2025.
[Data Observation] First-tier speculators are fiercely battling over ZTE, while two Algo positions are jointly offloading GigaDevice Semiconductor Inc.
① ZTE received buying from two major speculative trading positions, while two other major speculative trading positions sold shares, with GTJA's Shanghai branch purchasing 0.161 billion. ② GigaDevice Semiconductor Inc. has data showing that in the last three trading days, the stock was sold a total of over 0.55 billion by two Algo positions.
Express News | The Passenger Vehicle Association: In December, domestic retail sales of New energy Fund Passenger Vehicles reached 1.302 million units, an increase of 37.5% year-on-year.
What signal? Investment mogul Duan Yongping today made a move to Buy Tencent and Moutai.
An Analyst from Deutsche Bank stated in a research report that after being included in the military industry list by the U.S. Department of Defense, TENCENT's stock price may experience fluctuations in the near future; however, this should have no impact on TENCENT's Business Operation.
AI takes center stage! The CES Autos exhibition booths have transformed as many automakers strengthen their application of Asia Vets in smart cabins.
① BMW globally debuted its next-generation super sensory intelligent cockpit at the 2025 CES exhibition - featuring the innovative panoramic iDrive and BMW's new generation operating system X. ② ZEEKR also regards the 'intelligent cockpit' as one of the key highlights of its exhibition, announcing a partnership with Qualcomm to jointly develop future-oriented intelligent cockpits.
With a "10%" fee rate spreading, are Banks selling Funds at a loss this time?
MINSHENG BANK, Bank of Qingdao, Industrial Bank, Bank of Communications, and Agricultural Bank Of China are all participating.
In 2037, veteran Lin Jingzhen stepped down, and the personnel adjustments at the Bank of China continue.
At the beginning of 2025, Bank Of China (601988.SH) welcomed another personnel adjustment. On January 7, Bank Of China announced that Vice President Lin Jingzhen has...
Significant policy for trading in old for new: up to 500 yuan subsidy for mobile phones and tablets, up to 2000 yuan for computers and Air Conditioners, and up to 0.02 million yuan for Electric Vehicles.
The National Development and Reform Commission stated that by 2025, the total scale of ultra-long special treasury bonds used to support the "two new" will significantly increase compared to last year, with specific amounts to be announced during this year's National People's Congress. Fu Jinling, Director of the Economic Construction Department of the Ministry of Finance, stated that recently, the central government has allocated 81 billion yuan for the 2025 consumer upgrade fund to support localities in smoothly implementing policy continuity.
Market Movements | Home Appliances stocks in Hong Kong are active, HISENSE HA is up by 4%, and the National Development and Reform Commission has intensified the old-for-new subsidy policy.
Hong Kong stocks in the Home Appliances sector were active in the morning. As of the time of writing, HISENSE HA is up 4%, HAIER SMARTHOME is up 2%, and Midea Group Co., Ltd is up 1%.
The A-shares collectively fell, with the Northern Stock Exchange 50 dropping nearly 1%, Hong Kong stocks tumbled, Semiconductor Manufacturing International Corporation and Xiaomi both fell over 1%, and the yuan's central parity rate continues to hold firm
The central exchange rate of the RMB against the US dollar is reported at 7.1887, down 8 points; the previous trading day's central rate was 7.1879, and the official closing price on the previous trading day was 7.3275, while the overnight market reported a close of 7.3284. Treasury Futures declined.
MINSHENG BANK officially announced an adjustment to the risk ratings of some publicly offered Funds that had been raised multiple times last year.
① Starting from January 10, MINSHENG BANK will adjust the risk ratings of some agency-sold public Fund products; ② Analysts state that investors need to "understand the rules and recognize the risks."
Beijing Kingsoft Office Software, Inc CEO Zhang Qingyuan: Let AI become the central nervous system of every enterprise | Voices of AI Leaders ・2025
① In the past year, Beijing Kingsoft Office Software, Inc found the right direction in the field of AI: it should leverage its expertise at the application level, as future AI large models will definitely be implemented through applications; ② In the future, the goal of Beijing Kingsoft Office Software, Inc is to make AI the central nervous system of every enterprise, helping businesses establish their own 'corporate brain.'
Express News | Hong Kong stocks in the semiconductor sector surged in the afternoon, with Semiconductor Manufacturing International Corporation rising over 5% leading the gains, HUA HONG SEMI increasing nearly 3%, and SHANGHAI FUDAN rising nearly 2%.
Industrial Bank and Hua Xia Bank have issued warnings about the misuse of their names: consumers need to be cautious of counterfeit bank apps and false advertisements.
① Criminals are using an app called "Xinghui" to lure Consumers into applying for "loans," committing fraud; ② Currently, there is no effective way to eliminate online fraud that uses the names of Financial Institutions, and Consumers need to be more vigilant and discerning.
Tencent and Contemporary Amperex Technology responded to being included on the USA Department of Defense list: it is a mistake, and they will work together to resolve the misunderstanding.
Tencent stated in a statement that being included on this list is clearly a mistake, as we are neither a Military Industry enterprise nor a Military Industry supplier.
WUXI BIO has once again divested overseas Assets! Merck takes over WUXI BIO's Ireland vaccine factory for 0.5 billion USD | Quick read announcement.
① WUXI BIO announced today that it will sell the Ireland vaccine factory to Merck for 0.5 billion USD; ② this vaccine factory was originally built to undertake Merck's vaccine contract manufacturing business; ③ not long ago, WUXI APPTEC also divested its WuXi ATU business in the USA and United Kingdom.
The two major Block Orders in the Democratic Republic of the Congo have increased production, CMOC Group Limited's 2024 Copper and Cobalt output both increased by over fifty percent year-on-year | Quick Announcement.
① Benefiting from the capacity expansion and increased production of the two major Block Orders mines in the Democratic Republic of the Congo, CMOC Group Limited's main mineral product output achieved overall growth last year; ② Among these, the increases in Copper and Cobalt products were particularly notable, with year-on-year growth rates exceeding fifty percent.
Big changes! China Northern Rare Earth cancels the listing price and adopts the real-time Quote from the Rare Earth Exchange. Is the Trade for rare earth prices based on the "Baotou Index" being put on the agenda?
① Starting from January 2025, China Northern Rare Earth will no longer publish listed prices, and future long-term contract prices will use the real-time Quote from the Rare Earth Exchange; ② The Rare Earth Exchange will collect prices, and the landscape of rare earth Quote merchants will undergo a "major reshuffle," and the related Trade prices of rare earth concentrates may also change; ③ China Northern Rare Earth adopting the Quote from the Rare Earth Exchange is more fundamentally aimed at creating a rare earth price trading "Baotou Index."
The warning from the U.S. health director caused a drop in Asian alcoholic beverage stocks.
①After the Director of the Health Bureau in the USA called for cancer warning labels on Alcoholic Beverages last Friday, the Stocks of Asian liquor manufacturers fell on Monday. ② Edward Mundy, an Analyst at Jefferies Financial, wrote that the market is adopting a "shoot first and ask questions later" strategy to deal with potential health warnings and cancer risk labels on Alcoholic Beverages in the USA.
Express News | Setting a new high in nearly 70 weeks, this week 42 Funds have started issuance.