2024-12-14 05:17:47
The CSI convertible bond index closed down 0.42% at midday, while Z-mode convertible bond, Tongguang convertible bond and future convertible bond fell 8.76%, 6.00% and 5.21% respectively. Lide convertible bonds rose by 20.00% and Guiguang convertible bonds rose by 7.60%.Turkish regulators will block access to dozens of cryptocurrency exchanges.In November 2024, the securities industry was fined 38 tickets for brokerage business, and the Shanghai Securities Industry Association released the dynamics of supervision and punishment for brokers in November 2024. According to open market statistics, in November 2024, securities companies, their branches and securities practitioners received 38 letters of various administrative penalties, administrative regulatory measures and self-regulatory measures. From the specific field of punishment business, there are 15 brokerage businesses, 12 investment banking businesses, 7 internal management companies, 2 research businesses and 2 practitioners' practice behaviors.
Dividend assets are expected to become the main investment line next year, and the investment in dividend plate is heating up! Standard & Poor's dividend ETF(562060) rallied. On December 13th, by midday, the standard & poor's dividend ETF(562060) had dropped by 1.58%, with a turnover of 18,545,900 yuan. The constituent stocks are mixed, and in terms of rising, Sanqi Mutual Entertainment leads the rise; In terms of decline, Yongxing Materials led the decline. In the news, on December 12th, official website of China Securities Regulatory Commission published the latest personal pension investment list, and 85 index funds were included, including 7 bonus index funds. In addition, the recent performance of high dividend assets is strong, and the market's investment enthusiasm for the dividend sector continues to heat up. The industry believes that dividend assets are expected to become the main line of investment next year with the downward trend of interest rates and the improvement of dividend yield. In addition, considering that there are still many uncertainties in the current global environment, the defensive nature of dividend assets may still be a safe haven for capital seeking. Faced with the long-term trend that domestic risk-free interest rates will continue to decline, the scarcity and stability of dividend income are expected to help dividend assets continue to serve as an important direction for long-term funds to seek cost performance.Ye Fan, Southwest Securities: In 2025, the upward trend of domestic economy will continue, and it is estimated that the annual RRR will be lowered by about 100bp. The Central Economic Work Conference will be held in Beijing from December 11th to 12th. Ye Fan, chief economist of Southwest Securities, said that in 2025, the domestic economy will continue to stabilize and upward under the policy. From the structural point of view, infrastructure and manufacturing investment are expected to remain the main support items for domestic investment next year, and the decline in real estate investment will gradually narrow; Domestic demand is expected to play a stronger role in stimulating the economy than external demand, and domestic residents' consumption is expected to continue to pick up under the policy. Regarding the direction of fiscal and monetary policies, Ye Fan predicted that the issuance scale of ultra-long-term special government bonds will be around 1.5 trillion -2 trillion yuan in 2025, and it will continue to support the "dual" areas. In the first half of next year or the peak of government bond issuance, there may be a RRR cut for hedging. It is estimated that the RRR cut will be about 100bp for the whole year, and the interest rate cut will be decided by camera. The interest rate cut of 25bp-40bp may be promoted step by step.The strength of the policy is in line with expectations. The New Year's market may have started, and the Shanghai and Shenzhen 300ETF South (159925) can be used as a key layout. On December 13th, as of midday, the Shanghai and Shenzhen 300ETF South (159925) fell by 2%, with a turnover of 115 million yuan. The constituent stocks are mixed, and in terms of rising, Yangtze Power leads the rise; In terms of decline, Zijin Mining led the decline. In the news, from December 11th to 12th, the Central Economic Work Conference was held in Beijing, which made a systematic plan for next year's economic work. Regarding the highlights of the meeting, CITIC Jiantou said that the meeting of the Central Economic Work Conference continued the main tone of the Politburo meeting on Monday, and made systematic arrangements for economic work next year. Next year's policy will focus on expanding domestic demand and AI+ in an all-round way, and the policy strength and direction are in line with our expectations. With the support of policy expectation and liquidity, the current new year's market has been launched, and it is expected that the market will continue to show the characteristics of shock upward. Focus on industries: non-bank finance, real estate chain, consumer electronics, machinery, construction, building materials, steel, social services, catering chain, etc. Topics of concern: duality and innovation, supply-side optimization, new quality productivity, market value management of state-owned enterprises. You can use the Shanghai and Shenzhen 300ETF South (159925) to lay out the core assets with one click.
Turkish regulators blocked access to dozens of cryptocurrency exchanges, and the Turkish Capital Markets Board listed websites that allegedly provided unauthorized cryptoasset services to Turkish customers.Macao held a public sacrifice ceremony to mourn the victims of the Nanjing Massacre, and December 13th, 2024 was the 11th national public sacrifice day for the victims of the Nanjing Massacre. On the morning of the same day, the Macao SAR Government held a ceremony at the Institute of Environmental Protection and Security Forces, deeply mourning the victims of the Nanjing Massacre and all the compatriots killed by the Japanese aggressors. (CCTV)In November 2024, the securities industry was fined 38 tickets for brokerage business, and the Shanghai Securities Industry Association released the dynamics of supervision and punishment for brokers in November 2024. According to open market statistics, in November 2024, securities companies, their branches and securities practitioners received 38 letters of various administrative penalties, administrative regulatory measures and self-regulatory measures. From the specific field of punishment business, there are 15 brokerage businesses, 12 investment banking businesses, 7 internal management companies, 2 research businesses and 2 practitioners' practice behaviors.
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
Strategy guide 12-14
Strategy guide 12-14