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2024-12-13 22:56:47

The dollar rose to 152.91 yen against the yen, the highest since November 27.CITIC Securities: The short-term copper price rebound has a foundation, and it pays attention to the allocation opportunities of the copper plate. CITIC Securities Research Report said that the recent TC negotiation results of copper concentrates, frequent domestic policy warm winds, and the off-season destocking of domestic stocks have been resonantly catalyzed, superimposed with the fall of the US dollar. We believe that the short-term copper price rebound has a foundation and the medium-term fundamental expectations are more solid. We predict that the copper price in the next quarter will run in the range of 9000-10000 USD/ton, which has strong upward elasticity in the short term. It is suggested to pay attention to the allocation opportunities of copper plate. It is suggested to comprehensively select stocks from the dimensions of segment valuation rationality, output growth next year and copper price elasticity.The first all-green power station base planning based on large-scale compressed air energy storage was released. On December 11th, China Nengjian Digital Group released the all-green power station base planning based on compressed air energy storage in Xining, Qinghai. This is the first all-green power station solution supported by large-scale compressed air energy storage system in high altitude areas around the world, which was independently developed by China Energy Construction Group Co., Ltd. The first batch of projects of the base will take the lead in building a 300 MW compressed air energy storage power station project in guinan county, Hainan, with an overall energy storage capacity of 1.2 million kilowatts, which will effectively enhance the new energy consumption capacity of Hainan and even Qinghai.


The 22nd meeting of the expert working group of the Shanghai Defense Ministers' Association was held in Beijing. On the morning of December 13th, Senior Colonel Wu Qian, director of the Information Bureau of the Ministry of National Defense and spokesman of the Ministry of National Defense, released news on the recent military-related issues. Wu Qian: On December 12th, China's Ministry of National Defense held the 22nd meeting of the expert working group of the meeting of defense ministers of SCO member states in Beijing. More than 30 representatives from SCO member states and the Secretariat attended the meeting, and all parties had an in-depth exchange of views on strengthening pragmatic cooperation in the field of defense and security and promoting the construction of cooperation mechanisms.According to people familiar with the matter, Trump's advisers and officials from his newly formed government efficiency department asked him if he could abolish the Federal Deposit Insurance Corporation (FDIC).Guotai Junan: The rise of leading enterprises and the downward shift of costs are important features of the steel industry entering a new cycle. Guotai Junan issued a document saying that with the change of demand structure, the demand for plates has steadily increased, and the demand for high-end plates such as automobiles, household appliances, shipbuilding, offshore engineering and energy is strong. The added value and profit per ton of products brought by leading companies' active adjustment of product structure, accumulation of products, R&D drive, continuous capital expenditure and equipment investment have been significantly improved, gradually widening the gap with the industry average gross profit. When the industry is facing the marginal losses of most steel enterprises, leading companies still maintain a high profit level by relying on the cost advantages brought by product differences and management, and the rise and differentiation of industry leaders are emerging. On the other hand, with the gradual increase in the supply side and the difficulty in improving the demand side, iron ore has gradually entered a loose cycle, and the steel cost constraints are expected to gradually improve.


Guotai Junan: The rise of leading enterprises and the downward shift of costs are important features of the steel industry entering a new cycle. Guotai Junan issued a document saying that with the change of demand structure, the demand for plates has steadily increased, and the demand for high-end plates such as automobiles, household appliances, shipbuilding, offshore engineering and energy is strong. The added value and profit per ton of products brought by leading companies' active adjustment of product structure, accumulation of products, R&D drive, continuous capital expenditure and equipment investment have been significantly improved, gradually widening the gap with the industry average gross profit. When the industry is facing the marginal losses of most steel enterprises, leading companies still maintain a high profit level by relying on the cost advantages brought by product differences and management, and the rise and differentiation of industry leaders are emerging. On the other hand, with the gradual increase in the supply side and the difficulty in improving the demand side, iron ore has gradually entered a loose cycle, and the steel cost constraints are expected to gradually improve.BlackRock suggested that investors should consider allocating up to 2% in Bitcoin. BlackRock, an asset management company, reported that interested investors are advised to consider allocating up to 2% of their portfolio in Bitcoin. "We believe that investors with proper management ability and risk tolerance have reason to include Bitcoin in multi-asset portfolios," BlackRock's four-member senior management team pointed out in the report. Team members include Samara Cohen, Chief Investment Officer of ETF, and Paul Henderson, Senior Portfolio Strategist of BlackRock Investment Institute.According to people familiar with the matter, Trump's advisers and officials from his newly formed government efficiency department asked him if he could abolish the Federal Deposit Insurance Corporation (FDIC).

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