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Harmonious Melodies - Wuliangye "Harmony World Tour" Begins in the US
Backed by the wuliangye yibin Yibin Rural Commercial Bank has submitted its IPO prospectus three times in advance, with the scale breaking the one trillion mark, hiding potential risks in asset quality behind it.
With the updated prospectus submission, Yibin Bank's performance in the first half of 2024 has also come to light, and its total assets have exceeded 100 billion. However, looking at the composition of loan business, Yibin Bank's personal loan non-performing rate remains high, with the non-performing rate for personal commercial loans reaching as high as 5.25%.
CICC: Consumer is expected to benefit from multiple perspectives in 2025.
Looking ahead to 2025, it is expected that with a package of stimulus policies in place, essential consumer sectors are expected to benefit directly and indirectly from measures such as the distribution of consumer vouchers, boost in consumer confidence, and anticipated improvements in household income.
Xinhua Silk Road: Seven Years On, Chinese Baijiu Maker Continues to Glisten at CIIE
haitong sec: baijiu companies jointly cope with slowing down, beer volume and price are under pressure, waiting quietly for a recovery.
baijiu actively slows down to relieve pressure due to weak demand, exacerbating differentiation and highlighting the Matthew effect; beer Q3 demand is weak, leading to pressure on volume and price in the peak season, with cost benefits continuing to support profitability.
Guosheng Securities: Fiscal policy adds strength, csi sws food & beverage index continues to advance.
On November 8th, the Ministry of Finance announced that an additional 6 trillion yuan of local government debt quota will be used to convert debt over the next three years, the most aggressive debt reduction measure in recent years. At the same time, next year will continue to implement a more powerful fiscal policy, demonstrating the government's unwavering determination to boost the economy.
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