New york Federal Reserve: Michelle Neal, the marketing department, resigned and will officially leave on March 25th, 2025. Neal will be a senior consultant until she leaves the bank, and she will return to work in the private sector. Anna Nordstrom will be the temporary marketing director until Neal leaves.Goldman Sachs Asset Management announced the liquidation of three exchange-traded funds.Goldman Sachs: Given that the moderate oversupply of 400,000 barrels per day and the current normalization of low valuation almost offset each other, the basic expectation is that the average price of Brent crude oil in 2025 will be $76 per barrel.
Australia's S&P/ASX200 index opened down 66.80 points, or 0.80%, at 8263.50 points on Friday, December 13th.Chip-concentrated stocks clustered in four major industries, and 43 stocks fell for more than three consecutive periods. According to the statistics of Securities Times and DataBao, as of December 12, 300 stocks disclosed the number of shareholders in the latest period, compared with the previous period (November 30), there were 162 stocks with a decrease in the number of shareholders. Specifically, the number of shareholders in 29 stocks decreased by more than 5%, and the number of shareholders in 5 stocks decreased by more than 10%, including Dongfang Huanyu, Zhongshe, Baina Qiancheng, Midland New Materials and Hengshuai. Many chip-concentrated stocks have performed well in the recent market. According to the statistics of DataBao, the average share capital of 126 chips has increased by 4.86% since last month, and the cumulative increase of 18 stocks is above 10%. The top gainers are Guoan Da, Beiwei Technology and Silk Road Vision, which have increased by 42.5%, 26.18% and 21.44% respectively. From the industry point of view, the number of chip concentrated stocks is the largest in the four major industries of mechanical equipment, power equipment, electronics, medicine and biology.The balance of A-share financing reached a new high of more than 9 years. According to Wind data, as of December 11th, the balance of A-share market financing reached 1,875.85 billion yuan, a new high of more than 9 years. In the first three trading days of this week, the financing balance "increased three times in a row", with a cumulative increase of 22.579 billion yuan. Analysts believe that short-term ample liquidity and optimistic policy expectations are still the main support of the market. In the medium and long term, the A-share market is expected to continue to fluctuate upward under the dual promotion of policy expectations and economic trends. (china securities journal)
US National Security Adviser Sullivan: I believe that the Gaza agreement may be reached soon. US National Security Adviser Sullivan said on Thursday that he believes that an agreement on a ceasefire and the release of hostages in Gaza may be reached soon, because Israel has indicated that it is ready and Hamas has shown signs of action.Broadcom: The artificial intelligence semiconductor business will surpass other businesses.Fang Yi, Chief Strategy Officer of Guotai Junan: The conditions of "transformation cattle" in China stock market are forming four themes, focusing on mergers and acquisitions and self-control. Fang Yi, Chief Analyst of Guotai Junan Strategy, said at the main forum of Guotai Junan 2025 investment strategy that the bottom of China stock market has appeared, and the conditions of "transformation cattle" are forming; The key driving force of the market comes from the decline of risk-free interest rate and the boost of risk preference, and the economic expectation is expected to be revised up in 2025H2; The mid-line of the stock market is expected to get out of the N-rhythm. Theme recommendation: merger and reorganization/self-control/humanoid robot/self-consumption. 1) M&A and reorganization: the regulatory tolerance of cross-border M&A and acquisition of unprofitable assets has been improved, and we are optimistic about the traditional industry leaders who are the main enterprises of science and technology chain and benefit from the optimization of industry structure; 2) Self-control: global science and technology supply chain reconstruction, optimistic about the improvement of localization rate of advanced semiconductors/basic software; 3) Humanoid robot: mass production and application scenario expansion are accelerated, and key components such as dexterous hands/actuators are optimistic; 4) Self-satisfaction consumption: demographic changes have given birth to new consumption patterns, and we are optimistic about the high growth of secondary consumption/pet consumption.
Strategy guide 12-14
Strategy guide