Jiahe Meikang: Hongyun Jiukang plans to transfer 1.30% shares. Jiahe Meikang announced that Hongyun Jiukang Data Technology Co., Ltd. plans to transfer 1,788,400 shares through inquiry transfer, accounting for 1.30% of the company's total share capital. This transfer is a non-public transfer, and the transferee is an institutional investor with corresponding pricing ability and risk tolerance, and it shall not be transferred within 6 months after the transferee.Most domestic futures opened up at night, with Shanghai Gold up 0.66%, Shanghai Silver up 1.86%, Shanghai Zinc up 1.8%, iron ore up 2.24%, coking coal up more than 2%, glass up over 3% and crude oil up 1.46%.Dongfang Jincheng: In 2025, the policy interest rate cut may reach 0.5 percentage points. the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. Dongfang Jincheng judges that in 2025, the central bank will continue to implement vigorous interest rate cuts and RRR cuts, among which the policy rate cuts may reach 0.5 percentage points, which is significantly higher than the rate cut of 0.3 percentage points this year, and the interest rates of various structural monetary policy instruments will also be lowered in a timely manner, thus guiding the financing costs of enterprises and residents to go down. It is not ruled out that in 2025, it is possible to continue to implement a large-scale targeted interest rate cut on residential mortgages by greatly guiding the downward trend of LPR quotations for more than five years. (The Paper)
Guangfa Strategy Review December Politburo Meeting: The change of policy tone "not seen for several years" is more direct to the determination to support the stability of the equity market and the real estate market. Guangfa Strategy Review December Politburo Meeting said that although the draft of the meeting did not involve specific economic target figures, the change of policy tone was "not seen for several years": (1) "Strengthening unconventional countercyclical adjustment" appeared for the first time in the draft of the conference, and we understand that this is likely to mean that the official target of deficit ratio will be unconventional. (2) "Moderately loose monetary policy" has reappeared since July 2010, and it has been "steady" during the period. Even in the 14-15 monetary easing cycle, there was no adjustment of this wording, which paved the way for the expectation of monetary easing in 25 years; (3) The "more active fiscal policy" has reappeared since July 2020. Under the special background of the 20-year epidemic, the official target of deficit ratio in that year was set at 3.6%, which was the highest since 2010. The change of tone after four years also indicates that the deficit space in 25 years is expected to be further opened.German Finance Minister: The influence of MERCOSUR agreement on German economy will be very positive, and trade relations will be more prosperous; The market reacted calmly to France; We hope to continue to establish constructive relations with Britain.Zhongtai Futures: Wu Xiuwei has been appointed as the joint company secretary, Zhongtai Futures (01461) announced that Wei Weifeng resigned as the joint company secretary of the company and the company's agent (legal process agent) for receiving legal process documents and notices in China and Hong Kong according to Part 16 of the Companies Ordinance, Chapter 622 of the Laws of Hong Kong, with effect from December 10, 2024. Wu Xiuwei has been appointed as the joint company secretary and legal representative, with effect from December 10, 2024.
Guoguang Chain: The wholly-owned subsidiary plans to invest 260 million yuan to purchase assets. Guoguang Chain announced that the wholly-owned subsidiary Ganzhou Guoguang plans to set up a wholly-owned subsidiary in Ruijin City, Jiangxi Province. It is estimated that the total investment will not exceed 260 million yuan within 18 months, which will be mainly used to purchase the state-owned land use right owned by Ganzhou Shuofeng Real Estate Co., Ltd. and the projects under construction, civil decoration projects, equipment purchase, start-up expenses, laying liquidity and so on. Among them, it is planned to purchase the underlying assets in cash of 115 million yuan.Chengtou Holdings: The subsidiary plans to invest 640 million yuan to participate in the establishment of a limited partnership and acquire the Caobao Road project. Chengtou Holdings announced on the evening of December 9 that the company's wholly-owned subsidiary, Housing Leasing Company, plans to jointly establish a limited partnership with the Shanghai State-owned Stock Assets Revitalization Private Equity Fund Partnership (Limited Partnership) (hereinafter referred to as "State-owned Inventory Fund"), with the contribution of the partnership not exceeding 800 million yuan, of which the housing leasing company is the limited partner. The partnership enterprise will take part in the acquisition of 100% equity of Shanghai Xinbanyu Real Estate Co., Ltd. (hereinafter referred to as "the target company") and the creditor's rights of shareholders' loan enjoyed by Huaxin Real Estate of the target company with its own and self-raised funds as the main body, and then invest in the rental housing property project of plot 244-19 of Tianlin Plate in Xuhui District (hereinafter referred to as "Caobao Road Project"). If the acquisition is completed, the target company will be included in the scope of the company's consolidated statements.
Strategy guide 12-13
Strategy guide
12-13