In two and a half years, gaining one IPO, Shen Furong from Ruili Investment "decodes" the path of PE investment.

① Through solid industrial research, Ruili Investment captured opportunities and thus achieved an IPO within two and a half years; ② Although in the PE stage, the invested projects must also have the ability to traverse economic cycles, industry cycles, and project life cycles. In the investment in Trina Solar Co., Ltd., Ruili Investment achieved a tenfold return; ③ Investment is an art that requires persistence and composure, and time is the best "touchstone."

cls.cnDec 20 20:12

Express News | The performance of the Star series Index is remarkable, paying attention to the trends of products such as the E Fund SSE Science and Technology Innovation Board 50 Index Connect Fund (A/C: 011608/011609).

BreakingsDec 20 18:40

The SSE Science and Technology Innovation Board 50 Index rose over 3%, and the Wind Micro Disk Stock Index increased by 2.5%.

On December 20, Gelonghui reported that major A-share indices further rose in the afternoon, with the SSE Science and Technology Innovation Board 50 Index up over 3%, the CSI Midcap 200 Index and the North China Stock Exchange 50 Index both up over 2%, the Wind Micro Index rising by 2.5%, the Chinext Price Index up by 0.8%, and the Shanghai Composite Index up by 0.6%.

Gelonghui FinanceDec 20 13:05

Semiconductors are soaring across the board! Semiconductor Manufacturing International Corporation rises over 10% as the Industry welcomes a "dual drive of investment and application."

① The semiconductor sector in the A-shares and Hong Kong stocks surged collectively, with Espressif Systems, Starry Technology, Peak Technology, Cambricon, and SFTP seeing their stock prices reach historic highs during trading. ② Cambricon has become the second highest stock in the A-shares market, with a year-to-date increase of over 388%, exceeding NVIDIA and Broadcom. ③ SEMI recently pointed out that investments in mainland China related to AI are beyond expectations.

cls.cnDec 20 13:00

The December LPR remaining unchanged meets market expectations, and the industry anticipates that the policy interest rate may be lowered in 2025 to guide an adjustment in the LPR.

Looking ahead to 2025, under a moderately loose MMF policy tone, the central bank will continue to implement substantial interest rate cuts, with the policy rate expected to be reduced by 0.5 percentage points, which will then guide the LPR Quote to follow suit.

cls.cnDec 20 12:54

What happened? Hong Kong stocks in the Technology and semiconductor sectors suddenly surged, with Semiconductor Manufacturing International Corporation skyrocketing by over 10%.

According to market rumors, the USA may introduce a new update to AI export controls in the next few days, which is said to possibly involve two aspects. One is the implementation of licensing requirements for the contract manufacturing of 7nm chips. The other is the establishment of global export restrictions for GPUs, meaning in the future, non-allied countries may only be able to purchase from companies on the VEU whitelist.

Brokerage ChinaDec 20 12:44