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Deutsche Bank's annual survey: What is the biggest risk in the financial market in 2025?
The survey shows that respondents believe the biggest observable risk in 2025 is Global trade conflicts, followed by a crash in Technology Stocks. One-third of respondents think that the "Seven Giants" of the US stock market will decline, along with concerns about inflation and Bond yields. They also believe that Bitcoin poses the greatest bubble risk in 2025, while European Stocks are viewed as the Assets "furthest from a bubble."
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Hengkun New Materials' Star IPO has been accepted: nearly 40% of revenue comes from agency products, while the gross margin for self-operated precursor materials is negative.
① In the process of localization substitution, how the company achieves the improvement of profitability of its self-produced products and sustainable performance growth will be a common topic of interest in the market; ② Hengkun New Materials stated that during the introduction process, the company needs to comprehensively follow up on customer sample testing and conduct the introduction of customized photoresist materials, reflecting the company's core technology and competitive strength in product applications.
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Two companies have new developments: the first unprofitable company after the "Star Eight Articles" has been inquired, and Hengkun New Materials has been accepted | Star IPO Weekly Report.
① There is new progress for IPOs of 2 companies on the Star: Hengkun New Materials was accepted on December 26; Xi'an Yicai entered the inquiry stage on December 24. ② Xi'an Yicai is the largest IPO accepted by the Shanghai-Shenzhen-Beijing Exchange this year. During the reporting period, the company did not achieve profitability after deducting non-recurring gains and losses, and there were unfulfilled losses at the end of the most recent period.
Operating performance did not meet expectations, Chengdu Haoneng Technology offers a 90% discount on the sale of 34% equity in Aerospace Shenkun | Quick read announcement.
① Just three years in, Chengdu Haoneng Technology couldn't wait to "sell off" Aerospace Shenkun, with the transfer price being only 10.81% of the initial investment; ② While effectively cutting off "one wing" in the commercial aerospace field, Chengdu Haoneng Technology continues to increase its investment in aviation aerospace components.
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Trump single-handedly "turned the tide": the USA has regained its "Cryptos stronghold"!
① Trump was elected as the President of the USA again, shifting the focus of the Cryptos market back to the USA, expanding the global demand for digital Assets type Funds and Cryptos derivatives contracts. ② Trump supports Cryptos and plans to turn the USA into the "Global Crypto Capital", triggering a trading frenzy and driving global funds to the USA's Cryptos trading market.
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Express News | FedEx Shares up 8.3% Premarket After Co to Spin off Its Freight Trucking Business, Q2 Results
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The reduction of costs in the lithium battery Anode Material industry is ongoing: Kuntian New Energy has announced the continuous graphite furnace process and is planning to layout in overseas markets.
① The company's continuous graphitization process shortens the production cycle of graphitization to 10-12 days, reduces labor allocation by over 50%, and decreases the consumption of auxiliary materials by 50%. It is expected to enter formal mass production next year; industry insiders mentioned that this will directly promote cost reduction and efficiency increase in the Industry. ② The company is considering expanding into the Southeast Asian market and also has technological reserves in areas and scenarios such as Solid State Battery and eVTOL.
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This week, the biggest variables in US stocks, bonds, and bitcoin.
Investors need to closely monitor the release of November CPI this Wednesday, which could be a "black swan" event that disrupts market expectations for a December rate cut by the Federal Reserve. Analysts suggest that if the CPI shows no significant increase in U.S. inflation, then a rate cut in December is highly likely. However, futures pricing indicates that the Fed may pause rate cuts at the January meeting next year.