National Development and Reform Commission (NDRC): There are several key points to unswervingly regard employment as the greatest livelihood. Wu Sa, deputy director of the Institute of Economics of the Macroeconomic Research Institute of the NDRC, said that in terms of employment, we should unswervingly regard employment as the greatest livelihood, adhere to the strategy of giving priority to employment, and focus all kinds of work on supporting employment. There are several key points in this: ① We should pay more attention to the employment of key groups, including newly employed college students and migrant workers. These groups are a very important area of employment and should be paid attention to. We have to solve the problem of structural employment. In fact, we still have many fields, and there is still a great demand for employment in new fields, but we need to increase vocational training and improve our quality, so that the employed people can meet the new track, new scene and new employability. ③ We should also build a good employment environment and protect the legitimate rights and interests of employees, so as to better expand the employment market. (CCTV News)Hong Kong stocks ushered in the "structural bull" and the future valuation center is expected to rise. Since late September, the policy combination boxing has exceeded expectations, and the Hang Seng Index has taken advantage of the trend. As of the close of December 13th, the Hang Seng Index has risen by 17.15% this year, which is the first time since 2020. In terms of sectors and individual stocks, it is one after another, constantly deducing "structural cattle". Wind's statistics show that since the beginning of this year, a total of 333 stocks have increased by more than 50%, of which 142 stocks have doubled, and Quanzhi International has increased by more than 10 times this year. Eight stocks including Boya Interactive, Wanshun Ruiqiang Group, Zheli Holdings, Honghao International Holdings and Shanghai Qingpu Fire Protection have also increased by more than 5 times. For the trend of Hong Kong stocks in 2025, Guotai Junan Hong Kong believes that the Federal Reserve will continue to cut interest rates in 2025, and the valuation center of Hong Kong stocks will continue to improve marginally. Looking ahead, Hong Kong stocks will remain volatile and investors need to pay attention to structural industry opportunities. In its view, the Hong Kong stock market is dominated by "N"-shaped upward volatility, and there are many flexible opportunities in the stage, but we should pay attention to actively looking for structural industry opportunities. (Securities Times)The output of platinum jewelry in China decreased by 12% year-on-year in the third quarter. Antaike reported that according to the statistics of the International Platinum Association, the output of platinum jewelry in China decreased by 12% year-on-year in the third quarter, which was worse than the decline of 7% in the second quarter. Among them, the output of plain platinum jewelry, which accounts for more than 98% of the total output of platinum jewelry, fell by 9% year-on-year in the third quarter, while the output of platinum inlaid jewelry continued to decline sharply. Platinum is still in a relatively weak position in the rapidly changing market environment today. Platinum category lacks innovation, such as breakthrough design and new technology. Retailers lack enthusiasm, low profits and slow turnover. Old general goods still account for the vast majority, which are unsalable seriously. Innovative products and sets of products have a faster turnover and higher profits, but their market share is still not high.
Tan Xuxiang was appointed as the Standing Committee of the Beijing Municipal Committee of the Communist Party of China. Recently, the Central Committee of the Communist Party of China approved Tan Xuxiang as the Standing Committee of the Beijing Municipal Committee of the Communist Party of China. (Beijing Daily)National Development and Reform Commission (NDRC): More active and promising macro policies will be implemented next year. The reporter learned from the National Development and Reform Work Conference held by NDRC yesterday (13th) that in order to fully implement the spirit of the Central Economic Work Conference, countercyclical adjustment of macro policies will be intensified next year, so as to solidly promote economic stability, structural improvement and development trend. The relevant person in charge of the National Development and Reform Commission said that a more active and promising macro policy will be implemented next year to enhance the consistency of macro policy orientation. It will expand domestic demand in all directions. Accelerate the "two-fold" construction, expand effective investment, make good use of all kinds of construction funds such as central budget investment, ultra-long-term special national debt, and new local government special debt, promote the formation of more physical workload as soon as possible, and continue to promote the introduction of private capital into major projects. We will do a good job in the "two new" work, implement special actions to boost consumption, and promote consumption expansion, quality improvement and efficiency improvement. It will promote the further comprehensive deepening of the implementation of reform measures, organize the implementation of the "Guidelines for the Construction of a National Unified Big Market (Trial)", revise and introduce a new version of the negative list of market access, and deeply break down market access barriers. Promote the private economy promotion law as soon as possible. In addition, we will accelerate the construction of a modern industrial system and promote the upgrading of key industries. Vigorously support the high-quality development of manufacturing industry and comprehensively rectify the "involution" competition. (CCTV News)American polls show that half of Americans lack confidence in Trump's ability to nominate qualified cabinet members. A recent poll by the Associated Press -NORC Public Affairs Research Center shows that half of Americans lack confidence in President-elect Trump's ability to nominate qualified people for the new cabinet or key administrative positions. According to the survey results, 55% of American respondents have "a little confidence" or "no confidence at all" in Trump's ability to select qualified candidates during his second term, and another 27% have "very confidence". The poll was conducted from December 5 to 9, and the respondents were 1251 American adults, with a margin of error of 3.7 percentage points. (CCTV)
Minsheng Securities: In 2025, the banking sector grasped three main lines. The Minsheng Securities Research Report pointed out that it is expected that the revenue growth rate of listed banks will remain under pressure and profits will maintain positive growth in 2025. Restricted by factors such as the slowdown of scale expansion, the pressure of narrowing the net interest margin, and the marginal reduction of the contribution of financial investment to revenue, there is still pressure on the year-on-year growth of listed banks' revenue in 2025. However, with the gradual progress of local debt resolution, the real estate package policy has gradually become effective, and the hidden risks of banks in real estate and urban investment assets are expected to be effectively alleviated, and banks can maintain a low level of impairment provision, which supports profit performance. Grasp three main lines: 1) low-valued stock banks: it is recommended to pay attention to China Merchants Bank, Industrial Bank and Shanghai Pudong Development Bank; 2) High-quality rural commercial banks in regional cities: banks benefiting from chemical bonds. It is recommended to pay attention to Chongqing Rural Commercial Bank, Chongqing Bank and regional high-quality banks, and Qilu Bank, Chengdu Bank, Changshu Bank and Hangzhou Bank. 3) High dividend banks: In the process of economic recovery, high dividend strategy has absolute income stability, so it is suggested to pay attention to state-owned big banks, Nanjing Bank and Shanghai Rural Commercial Bank.Extreme Yue Xia Yiping voiced: The first-line stores did not resume work and production, and 200 sales were kept in the stores. The reporter was informed that at about 20: 30 yesterday, the CEO of Extreme Yue Xia Yiping replied whether the stores resumed work on the internal communication platform of Extreme Yue, saying that "the first-line stores did not resume work and production, and our purpose was only to ensure the minimum operating needs, that is, to keep 200 sales in the stores." At about 20: 25 on the same day, six employee representatives of Jiyue Automobile entered the conference room on the third floor of the enterprise to talk with Xia Yiping about related issues. Previously, the owner's representative and Xia Yiping talked in the conference room for nearly an hour. (Shell Finance)Funds continue to enter the market through the channel. The net subscription of stock ETFs exceeded 36.5 billion in the month. Since December, funds have continued to enter the market through stock ETFs (transactional open index funds). Wind information data shows that as of December 13, the net subscription share of stock ETFs in the month reached 36.543 billion. From the perspective of specific capital flow, broad-based ETFs attract gold strongly, and many CSI A 500 ETFs and CSI 300ETF are actively subscribed by investors. In addition, dividend ETFs are also net subscribed by investors. (Securities Daily)
Strategy guide
Strategy guide 12-14
Strategy guide