Billion-dollar government Fund, trillion-dollar Consumer market! The ice and snow industry is "fully powered up".
① As December arrives, ski resorts and ice rinks across the country enter a peak operation period, with A-share ice and snow Concept stocks performing actively, and several individual stocks reaching new price highs. ② Recently, Jilin Province proposed to increase financial support and establish an investment Fund for the ice and snow industry with 1 billion yuan, coordinating various types of financial specialized support for the ice and snow economy amounting to 0.5 billion yuan.
Asia And Europe Markets Decline, Dollar Hovers 3-Week High - Global Markets Today While US Slept
Deutsche Bank strongly promotes Xiaomi: After the Autos Business succeeds in going from zero to one, there will be exponential growth!
Deutsche Bank believes that new products, market segmentation, stores, and production capacity will bring exponential growth to Xiaomi's Autos Business. It is expected that by 2027, the gross margin of Xiaomi's electric vehicle business will reach 25%, contributing 45.5% and 42% to overall gross profit and pretax profit respectively, with sales reaching 1 million units, making it the largest business segment of the group. Deutsche Bank has given Xiaomi a "Buy" rating for the first time and raised its Target Price to HKD 43.
Under the risk of a strong dollar and Trump 2.0, Fund managers have provided the "Asia Investment Guide" for 2025.
The strong US dollar and Trump risk are currently influencing the market's popular bets on Asia for 2025.
Asia Markets Mixed as Traders Assess Mixed Economic Data in the Region; Eyes on Major Central Back Decisions
China's Nov Retail Sales Slows as Stimulus Impact Fades; Unemployment Rate Held Steady
Reported Earlier, Chinese Unemployment Rate For November Unchanged At 5.0%
Express News | Reported Earlier, China Fixed Asset Investment (YoY) For November 3.3% Vs. 3.5% Est.; 3.4% Prior
Express News | WSJ: 'U.S. Prepares New AI Chip Restrictions to Close China's Backdoor Access'
U.S., China Extend Key Science & Tech Cooperation Deal Amid Trade, Trump Tensions
Trump Trade Winners: Crypto, Bank Loans, MMFs, Leveraged Funds, U.S. Small-caps
Express News | China New Loans For November 580.0B Vs. 950.0B Est.; 500.0B Prior
Asia Ex-India Fall On China Stimulus Concerns, Europe Up; Dollar Gains - Global Markets Today While US Slept
The interest rates of the same industry certificates of deposit are rapidly declining, and under "moderately loose" conditions, there is hope to drop to 1.30%.
1. After the improvement in MMF transmission efficiency, the CD interest rate and the 7-day OMO rate will integrate within the next year. 2. Due to the faster decline of long-term bonds, the spread between the 10Y government bond and the 1Y CD has been compressing, and is currently at 13BP.
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
Express News | Live At NYSE, President-Elect Donald Trump Says "I Have A Strong Relationship With China", "Going To Be Cutting Taxes Further, Got It Down To 21% & Going To Bring Down Lower"
China to Lift Fiscal Spending to Boost Economy
Who might be the supplier for the Xiaomi YU7?
Xiaomi Autos is once again making waves in the automotive circle! The first SUV model, YU7, has been officially announced, and is expected to be launched in mid-2025. Xiaomi is ambitious and has raised its annual sales target to 120,000 units after completing a delivery volume of 100,000 units ahead of schedule. In a Research Report released on the 12th, UBS Group predicts that with the addition of the new model YU7 and the enhancement of production capacity, total sales of Xiaomi Autos in 2025 are expected to double to 260,000 units. The supply chain for the YU7 is gradually coming to light. UBS Group believes that companies such as Topband, FUYAO GLASS, Minth, Huayang, NEXTEER, and Keboda Technology are likely to become partners of Xiaomi, providing components for the YU7.
Here's the Breakdown for November CPI, in One Chart
China Central Economic Work Conference: A Key Indicator for Future Market Trends