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2024 year-end review | Breaking the Industry monopoly and ensuring supply chain stability, self-developed chips by manufacturers become a trend.
1. The main manufacturers have further increased their research and development layout, including high-performance chips, striving to break the monopoly in the industry to achieve independent control of core component technology; 2. Great Wall Motor's RISC-V automotive chip design company, Nanjing Zijing Semiconductors, has settled in Nanjing Jiangbei New Area.
2024 Year-End Review | The "Double New" policy stimulates Consumer enthusiasm, and the domestic car market records higher-than-expected growth.
① Data from the Passenger Vehicle Association indicates that since the beginning of this year, the retail sales of the Passenger Vehicle market have reached 21.95 million units, a year-on-year increase of 6%. This growth rate has doubled compared to the general forecast of 3% from various Institutions at the beginning of the year. ② According to data from the Ministry of Commerce, as of December 19 at 24:00, nearly 2.7 million Autos have been scrapped and replaced nationwide, and over 3.1 million Autos have been exchanged and updated. The 'dual new' policy has become the main driving force for achieving unexpected growth in the auto market in 2024.
Hong Kong stock market morning report on December 30: The economic growth of Hong Kong in 2024 is expected to be 2.5%. Guolian's merger with Minsheng Securities has been approved by the Securities Regulatory Commission.
① The economic growth of Hong Kong is expected to be 2.5% in 2024; ② This year, the number of startups in Hong Kong reached a record high of 4,694; ③ The Hong Kong Stock Exchange released a 2024 review revealing more positive insights; ④ Guolian's acquisition of Minsheng Securities has been approved by the Securities Regulatory Commission.
Policy stimulus for 3C and home appliance demand release. Will the multiplier effect of the "trade-in" policy continue in 2025? | Year-end review.
In 2024, the implementation of the "national subsidy" policy for the exchange of old for new will effectively stimulate the demand for home appliances and Consumer Electronics. Market analysis suggests that related subsidies for the exchange of old for new are expected to continue next year, with mobile phones and more home improvement categories likely included, while the future policy-driven effects still remain to be observed.
Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
BeiGene Gains FDA Nod for TEVIMBRA, Marking Key Progress in Oncology Treatments