Ubs keeps the rating of western oil companies neutral.Chengyitong: The layout of the company's brain-computer interface business is mainly divided into non-invasive and invasive. Chengyitong (300430) responded to an investor's question on the interactive platform on December 10, saying that the company is also very concerned about Musk's experimental progress and technological breakthrough in brain-computer interface. The company's brain-computer interface business direction layout is mainly divided into non-invasive and invasive. In the non-invasive aspect, the company is mainly committed to integrating brain-computer interface technology with Long Zhijie's existing rehabilitation products to realize the functional upgrade of existing rehabilitation products; In the invasive aspect, the project of "Brain-computer Interface Implantable Biological Laboratory" jointly established by Naolian Technology and Daxing Medical Base Management Committee is being actively promoted. At present, the above business has not generated any income. If progress is made, the company will disclose it in strict accordance with the requirements of laws and regulations.KBW: Raise the target price of MasterCard from $580 to $618, and maintain the rating of "outperforming the market".
Huaxi Securities: In 2025, the rate of RRR cut and interest rate cut may not be lower than 50bp and 20bp. Huaxi Securities Research Report pointed out that this Politburo meeting revisited "moderately loose monetary policy", and the market inevitably associated with the magnificent combination of monetary and fiscal policies in 2008-2010. Specific to this round of monetary policy, it may be similar to it, not only the tone has changed, but also the framework has changed from the previous cross-cycle (or both cross-cycle and counter-cycle) to counter-cycle adjustment, which is likely to point to an increase in the adjustment range of reserve ratio and policy interest rate. Looking forward to 2025, the rate of single RRR cut and interest rate cut of monetary policy may not be lower than 50bp and 20bp (the rate in 2024), and the possibility of further increasing the rate in the face of extreme circumstances is not ruled out. The specific degree and duration of easing may depend on the economic situation.Debon Securities: Pay attention to the investment opportunities in the fields of liquor, beer and leisure snacks. Debon Securities Research Report pointed out that 1) Liquor: The dealer conference will set the tone for next year, giving priority to the opportunities of low-value leading layout. Recently, wine companies have intensively held dealer meetings to set the tone for next year's growth. At present, wine enterprises are generally rational and pragmatic, and reasonable speed reduction reduces the burden on channels. With a series of economic policies, the consumption of enterprises and residents is expected to pick up in 2025. The competitiveness of head enterprises has been further enhanced through continuous evolution, so it is suggested to grasp the investment opportunities with low expectations at present. 2) Beer: The overall performance of the third quarterly report is under pressure due to the weak recovery of demand and weather, but it is expected that the ton price of major beer enterprises will maintain a steady and rising trend throughout the year. With the introduction of a series of policies to stimulate consumption, terminal demand is expected to improve, and the recovery of ready-to-drink scenes such as catering is expected to promote the upgrading and continuation of beer structure. 3) Leisure snacks: The performance of leisure snack enterprises is further differentiated, and the performance of high-potential targets is optimistic in the peak season. In the third quarter, the performance of leisure and snack enterprises was divided, and the growth toughness of high-potential enterprises remained the same. The follow-up Spring Festival peak season is expected to bring the possibility of exceeding expectations. At present, the level of income profit rate of head enterprises is expected to remain stable.China's key mineral control is "stricter than expected". Regarding China's announcement last week to strengthen export control to the United States, The New York Times commented in a report on December 9 that it is "stricter than expected". The report claims that the most worrying thing is the extensive ban on transshipment. This clause extends export control to companies inside and outside China, and prohibits these companies from buying minerals in China and reselling them to American companies. The Center for Strategic and International Studies (CSIS), an American think tank, points out that the new export control measures include several firsts-the first time that it explicitly targets the United States rather than other countries, and the first time that it directly responds to the restrictions imposed by the United States on its access to advanced technology. (Observer Network)
视觉交易香港收购在香港暂停交易。The Hang Seng Index of Hong Kong stocks opened higher by 3.21%, the index of state-owned enterprises rose by 3.46%, and the branch index rose by 4.24%.The number of mainland tourists visiting Hong Kong has increased by nearly 30%, and the effect of "one sign and many trips" is obvious. Last Saturday (December 7) was the first weekend after the implementation of the "one sign and many trips" policy for Shenzhen residents to Hong Kong. According to the statistics of the Hong Kong SAR government, there were about 145,000 mainland tourists visiting Hong Kong on the 7 th, which was 28.5% higher than the average daily number of tourists in November. From December 1st this year, Shenzhen registered residents and residence permit holders can apply for a "one-sign multi-trip" endorsement to travel to Hong Kong, that is, they can travel to and from Hong Kong for an unlimited number of times within one year and stay in Hong Kong for no more than 7 days at a time. December is the traditional tourist season in Hong Kong, and all major business districts and scenic spots will attract tourists through discount promotions and theme activities. With the implementation of the new policy of "one sign and many trips", many Shenzhen residents went shopping in Hong Kong last weekend. (CCTV News)
Strategy guide
12-13
Strategy guide
Strategy guide 12-13