The 10-year active bonds of China inter-bank bond market expanded strongly in the afternoon, and the yield fell below 1.85% and continued to set a new record low.CMA completed the 100th simultaneous operation filling in Shanghai Yangshan Port. The reporter learned from CMA on December 10th that CMA successfully completed the 100th simultaneous operation filling in Shanghai Yangshan Port Terminal recently. Since the signing of liquefied natural gas (LNG) filling agreement with Shanghai Port in 2022, this milestone achievement indicates that CMA has taken a solid step in promoting green shipping and strengthening international cooperation. (SSE)HSBC: The Bank of Japan may raise interest rates next week. Economists at HSBC Global Research pointed out that the Bank of Japan may raise interest rates at its meeting in December. Frederic Neumann and Jun Takazawa, the bank's economists, said that the recent hawkish remarks by officials reflected both foreign exchange fluctuations and the improvement of economic data. Most members of the Bank of Japan's Policy Committee may have enough confidence that wages will continue to increase generally next year and will choose to raise interest rates before December and January, when Trump takes office. Japan's economy and prices are still on the normal track, and wages, consumption and service inflation have all made progress. HSBC predicts that the Bank of Japan will raise interest rates by 25 basis points again in the first quarter of 2026, bringing the policy interest rate to 1%.
Ministry of Agriculture and Rural Affairs: It will speed up the cultivation of a number of world-class seed enterprises. On December 10th, the Ministry of Agriculture and Rural Affairs held a press conference to introduce the general survey of agricultural germplasm resources in China. Liu Lihua, director of the Seed Industry Management Department of the Ministry of Agriculture and Rural Affairs, said that in the next step, we will further intensify our work in accordance with the requirements of building a strong agricultural country and the deployment arrangement of the seed industry revitalization action "achieving results in five years and achieving major breakthroughs in ten years", speeding up the identification and excavation of germplasm resources, and promoting the sharing and utilization of resources; Intensify efforts to tackle key problems in breeding innovation and strengthen the breeding and promotion of major varieties urgently needed for production; Increase support for formation enterprises and accelerate the cultivation of a number of world-class seed enterprises; Continuously optimize the layout of breeding and seed production bases and improve the seed supply guarantee ability of provenances; At the same time, promoting the revision of the regulations on the protection of new plant varieties, strengthening the protection of intellectual property rights of seed industry, comprehensively purifying the seed industry market, and ensuring that the revitalization of seed industry has made tangible new progress, so that everyone can get tangible new results. Brussels investigates the secret advertising transactions between Google and Meta for teenagers. According to the Financial Times, European regulators have asked Google to provide more information about the cooperation with Meta's secret advertising, which ignores the search company's own regulations on how to treat minors. The report quoted people familiar with the situation as saying that the government has been investigating a series of advertising activities to promote social media platform Instagram to teenagers.
Shougang shares invested in the establishment of electromagnetic materials technology company in Suzhou. The enterprise search APP shows that Shougang Zhixin Electromagnetic Materials Technology (Suzhou) Co., Ltd. was recently established, with Zhao Songshan as the legal representative and a registered capital of 5 million yuan. Its business scope includes: hardware product manufacturing; Sales of metal materials; Metal cutting service; Sales of metal products. Enterprise survey shows that the company is wholly owned by Shougang Zhixin Electromagnetic Materials (Qian 'an) Co., Ltd., a subsidiary of shougang shares.Minister of Trade and Industry of Malaysia: ZTE will invest 45.2 million US dollars to establish two innovation centers in Malaysia. Malaysian Minister of Investment, Trade and Industry Zavrl said that ZTE plans to invest 200 million ringgit (45.2 million US dollars) to establish two innovation centers, and introduce its latest 5G technology to Malaysia through cooperation with local operators. ZTE Malaysia is also building a regional center of excellence to support its global business. Zavrl said that 95% of ZTE's 5G equipment uses Malaysian chips.Citigroup: The shipment of Qiu Ti FPM exceeded expectations and the target price was HK$ 4.6. Citigroup reported that Qiu Ti Technology (01478.HK) benefited from the strong performance of vivo, Glory and Huawei's flagship models in October, and the demand in November was stronger than expected, which made the shipment of Qiu Ti's 32MP+ model in November still flexible. It is expected that the shipment of mobile phone camera module (CCM) in December will come from the continuous launch of flagship models, but it will be partially offset by the year-end inventory adjustment of its customers. At the same time, it is believed that better product mix and higher average selling price will promote the shipment growth of ultrasonic fingerprint module (FPM). Temporarily maintain "neutral" and target price of HK$ 4.6.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide
12-13