Reserve Bank of Australia President Brock: The upward inflation risk under discussion has eased, but it has not disappeared. We need to see more progress in basic inflation.Sichuan Luqiao established a new building materials company, and the enterprise search APP showed that recently, Sichuan Jiaojian Building Materials Co., Ltd. was established, with Qu Hong as the legal representative and a registered capital of 5 million yuan. Its business scope includes: sales of building materials; Non-metallic minerals and products sales; Manufacturing of nonmetallic mineral products; Metal ore sales, etc. Enterprise survey shows that the company is indirectly wholly-owned by Sichuan Luqiao.Research Report: In the third quarter, the installed capacity of traction inverters for electric vehicles in China accounted for 61% of the world. According to the latest research of TrendForce Jibang Consulting, the total installed capacity of traction inverters for electric vehicles in the third quarter of 2024 reached 6.87 million, which was 7% higher than that in the same period last year, but the growth rate has been reduced. In the competition pattern of first-class suppliers, BYD benefited from the hot sales of its models. In the third quarter, the installed market share of traction inverter increased by 1% to 18%, surpassing Denso of Japanese factory for the first time and becoming the company with the highest market share. The market share of Huichuan Technology has also increased to 6%, which shows that the competitiveness of China manufacturers in this field continues to increase. Generally speaking, China manufacturers, Japanese manufacturers and Tesla together account for half of the global installed capacity, while the influence of European and American manufacturers is gradually weakening. TrendForce Jibang Consulting indicated that the regional differentiation of traction inverters is becoming more and more obvious, with the installed capacity in China accounting for 61% of the global total. Under the pressure of shrinking market, Europe is actively reforming and cutting expenditure to enhance the competitiveness of the electric vehicle industry chain. In the short term, the stable demand in China market will continue to support the growth of traction inverter market. In the long run, if the European automobile industry chain can be successfully reformed, it will help boost the overall performance of the global traction inverter and electric vehicle market.
The Reserve Bank of Australia maintains the interest rate at a 13-year high, suggesting that it has made progress in fighting inflation. The Reserve Bank of Australia maintains the key interest rate at a 13-year high to cope with stubborn price pressure, while suggesting that it has made some progress in fighting inflation. The Reserve Bank of Australia kept the cash interest rate unchanged at 4.35% on Tuesday. As widely expected, it has kept the interest rate at this level for more than a year. The Monetary Policy Committee said that "there is some confidence that inflation is moving towards the target in a sustainable way". Australian dollar and policy-sensitive 3-year Australian government bond yields fell. Since the last meeting of the Reserve Bank of Australia, the Australian dollar has fallen by about 3% against the US dollar, while Australian government bonds have risen due to the expectation of interest rate cuts as early as February next year.Malaysia exported 1.49 million tons of palm oil in November, down 15%.Reserve Bank of Australia: The issue of interest rate cuts was not explicitly discussed. Reserve Bank of Australia President Brock said that interest rate cuts were not explicitly considered, and interest rate hikes were not discussed. Considering whether the current policy stance is appropriate. The Committee believes that the economic situation is basically in line with the forecast.
Hongya CNC: The income from exporting products to the US market is relatively low. Hongya CNC (002833) said on the interactive platform today that the company's products are exported to more than 70 countries and regions, and the income from the US market is relatively low.Afternoon comment: The Shanghai Composite Index rose more than 1% in half a day, and consumer concept stocks broke out collectively. The index was active in early trading. The Shanghai Composite Index rose more than 1% in half a day, and the Shanghai Composite Index rose more than 2%. In terms of sectors, robot concept stocks continued to break out, and the concept of PEEK materials led the rise. Both China Research Institute and Xinyi New Materials had a daily limit of 20cm, while Zhongxin Fluorescent Materials and Walter shares touched the daily limit; The large consumer sector collectively rose, with dairy stocks leading the gains, and Panda Dairy, Western Animal Husbandry and Li Ziyuan were trading daily; AI concept stocks fluctuated higher, and it is worth buying 20cm daily limit, Hanwang Technology, Xinhua Media and other daily limit; Insurance stocks strengthened, and Tianli Technology, Astar, Focus Technology and other daily limit. Overall, individual stocks showed a general upward trend, with more than 4,600 stocks rising. On the disk, all sectors in the two cities generally rose, with PEEK materials, film and television theaters and dairy sectors among the top gainers.Datong, Shanxi: Parents' and children's provident funds can be withdrawn to buy houses. On December 9, the Housing Provident Fund Management Center of Datong City, Shanxi Province issued the Notice on Adjusting the Policy of Withdrawing and Lending Some Housing Provident Funds. According to the document, the minimum down payment ratio for the first set of housing and the second set of housing is 20% for paid employees who use provident fund loans to purchase self-occupied commercial housing, and 15% for affordable housing. At the same time, the interest rate of individual housing provident fund loans will be lowered by 0.25 percentage points. From May 18, 2024, the interest rates of the first set of individual housing provident fund loans for less than five years (including five years) and more than five years will be adjusted to 2.35% and 2.85% respectively, and the interest rates of the second set of individual housing provident fund loans for less than five years (including five years) and more than five years will be adjusted to 2.775% and 3.325% respectively. Datong will also appropriately increase the amount of provident fund loans. For high-level talents, families with two or more children and families with active military personnel, the maximum amount of housing provident fund loans will rise by 20% on the basis of the current policy. Expand the scope of housing provident fund purchase, and when employees purchase housing, they can also apply for the withdrawal of housing provident fund for parents or children.
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13