digital currency blockchain Top Knowledge

CITIC Securities: As the Spring Festival approaches, consumption is expected to usher in a new round of rebound and repair. CITIC Securities Research Report said that the Politburo meeting held on December 9, 2024 once again made it clear that expanding domestic demand is the key policy direction for the coming year, "expanding domestic demand in all directions" and "vigorously boosting consumption", expressing positive and igniting market expectations. After experiencing a rapid rebound in September, the consumer sector generally pulled back in October-November because the short-term consumption data has not yet reflected the effectiveness of the policy and the policy strength in the coming year is unclear. We believe that as the Spring Festival approaches, the top-down emphasis on domestic demand and policy expectations are heating up, and consumption is expected to usher in a new round of rebound and repair. On the policy side, in addition to the "trade-in policy", we believe that there is still a package of consumption promotion toolboxes available, such as subsidies for first-time car buyers, maternity subsidies, and the issuance of state-subsidized catering and tourism coupons. We suggest that the consumption allocation should be progressive from both offensive and defensive to flexible varieties, with both offensive and defensive features: consumer Internet, dairy products with low valuation and high return, mass catering, etc., and flexibility: catering supply chain, alcohol, human resources services, hotels, etc., with obvious pro-cyclical characteristics, considering the consumption allocation demand driven by expectations first.Yesterday, a total of 48 stock ETFs increased by over 100 million shares, the Southern CSI 1000ETF increased by 1.366 billion shares, and the Huaxia CSI A500ETF increased by 1.35 billion shares.The concept of reducer went down in early trading, and Shandong Mining Machine and Shanzi Hi-Tech fell, while Shandong Mining Machine and Shanzi Hi-Tech fell, and Qinghai Huading, Landay Technology, Nifa Seiki and Wuzhou New Year followed suit.

The US investment bank explained the downward adjustment of India's economic growth forecast: Based on the short-term economic slowdown and influenced by multiple internal and external factors, according to the Indian media "QRIUS", Uppsala Chachar, chief Indian economist of Morgan Stanley, the US investment bank, predicted that India's GDP growth in fiscal year 2025-2026 would be 6.5%. According to India's Economic Times, at the beginning of this month, Morgan Stanley has lowered India's GDP growth forecast for fiscal year 2024-2025 from the previous 6.7% to 6.3%.Trump nominated ron johnson as the US ambassador to Mexico.Wei Shaojun, China Semiconductor Industry Association: We should vigorously develop chip design technology that does not depend on advanced technology. Wei Shaojun, chairman of the Integrated Circuit Design Branch of China Semiconductor Industry Association, said today that with the closure of chip design enterprises in China by external advanced processing resources, the manufacturing technologies that can be used by chip design enterprises in China are no longer as rich as before, and it is necessary to pay attention to the design technology that does not depend on advanced technology in technological innovation. Among them, there are two technical paths worth exploring. One is the innovation of architecture, which has been suggested by the industry that it is the golden age of computer architecture innovation. The second is micro-system integration, and the three-dimensional integration technology evolved from packaging technology is gradually moving towards the foreground. (Reporter Guo Hui)

Facewall Intelligence has received a new round of financing of several hundred million yuan. Recently, Facewall Intelligence has completed a new round of financing of several hundred million yuan. This round of financing was jointly led by Loongson Venture Capital, Dinghui Baifu, Zhongguancun Science City Fund and Safran Investment Fund, and Beijing Artificial Intelligence Industry Investment Fund and Zero2IPO followed suit.Argentine President Millay: It is planned to cancel capital controls next year. Argentine President Millay said in a televised speech on December 10 local time that Argentina plans to cancel capital controls next year. Millay said that Argentina's economic team is preparing to carry out structural tax reform, which will abolish 90% of taxes, and the Argentine government will ban more institutions and listed companies in the new year. Demián Reidel, economic adviser to Milai, will announce Argentina's nuclear energy plan in the next few days.The real estate sector rose at the daily limit of Qixia Construction, while the real estate sector rose at the daily limit of Qixia Construction. Gorgeous Family and Shibei High-tech had previously closed the board, and Joy City, Chinese Enterprise, Xinhualian, Suzhou High-tech and Everbright Jiabao followed suit.