2024-12-13 12:02:07
Argentina's MERVAL index closed up 0.54% to 2.304 million points.The first batch of 85 equity indexes of the personal pension investment product "Naxin" entered the market. Recently, the Ministry of Human Resources and Social Security and other five departments issued the Notice on the Full Implementation of the Personal Pension System, which made it clear that from December 15, 2024, workers who participated in the basic old-age insurance for urban workers or the basic old-age insurance for urban and rural residents in China can participate in the personal pension system. The CSRC has optimized the supply of products in a timely manner, and has included the first batch of 85 equity index funds in the catalogue of personal pension investment products. Among them, there are 78 products that track various broad-based indices and 7 products that track dividend indices, including ordinary index funds, index enhancement funds and ETF-linked funds such as Shanghai and Shenzhen 300 Index, CSI A500 Index and Growth Enterprise Market Index. The investment style of index funds is clear, and the rate level is low. Incorporating related products is conducive to enriching investors' choices, attracting more payment funds, and further consolidating the pension reserve of the whole society. (CSI)Minsheng Securities: The six key signals of the economic work conference. According to the macro team research report of Minsheng Securities, the economic work conference gave "from point to face" answers to the questions raised by the Politburo meeting. Therefore, in order to grasp the main economic line next year, we think the following six signals are very critical: First, face up to external and internal problems and risks more frankly. Second, directly "winning numbers" raised the deficit, which is rarely seen in history. Third, the importance and determination to boost consumption are unprecedented. Fourth, monetary policy focuses on continuity and strength, and completes the cooperation with finance. Fifth, stabilize the property market and the stock market, and make clear that the bottom may be the most important at present. Sixth, the new idea of the supply side-rectifying the "involution".
International oil prices fell on the 12th. As of the close of the day, the light crude oil futures price for January delivery in the New York Mercantile Exchange fell by 27 cents to close at 70.02 US dollars per barrel, a decrease of 0.38%. London Brent crude oil futures for February delivery in 2025 fell 11 cents to close at $73.41 a barrel, a decrease of 0.15%.A number of data show: the distribution of rights and interests of public offerings, the increasing self-purchase of equity funds, the acceleration of the pace of opening positions for sub-new funds, the promotion of equity positions for "old funds", and more new funds will be sold in the middle and late December ... Near the end of the year, Public Offering of Fund is increasing the distribution of rights and interests. Public Offering of Fund is entering the stadium. Choice data shows that the new funds established in the past three months (September 12 to December 12) have raised a total of 289.803 billion yuan, with equity funds raising more than half. Among the above-mentioned sub-IPO funds, 145 funds have earned more than 1% since their establishment, accounting for more than half, and most of them are opening positions quickly. As of December 11th, the revenue of 27 products exceeded 5% (the different shares were calculated separately), and the revenue of the best-performing products reached 51%. (SSE)The balance of A-share financing reached a nine-year high. On December 12th, the A-share market opened lower and went higher. At the close, the Shanghai Composite Index rose by nearly 1%, the Shenzhen Component Index rose by 1% and the Growth Enterprise Market Index rose by more than 1%. More than 3,500 stocks in the entire A-share market rose, with more than 150 stocks trading daily, and the big consumer sector broke out. The market turnover was 1.89 trillion yuan, which has exceeded 1 trillion yuan for 52 consecutive trading days, setting a new record for the A-share market. In terms of funds, Wind data shows that as of December 11th, the financing balance in the A-share market was 1,875.85 billion yuan, a record high of over 9 years. In the first three trading days of this week, the financing balance "increased three times in a row", with a cumulative increase of 22.579 billion yuan. Analysts believe that short-term ample liquidity and optimistic policy expectations are still the main support of the market. In the medium and long term, the A-share market is expected to continue to fluctuate upward under the dual promotion of policy expectations and economic trends. (CSI)
White House: Biden's approval of an aid program to Ukraine will provide more air defense systems, etc. On December 12, local time, John Kirby, strategic communication coordinator of the US White House National Security Council, said at the White House briefing that day that US President Biden approved a new Ukrainian security assistance program on the 12 th, which will provide Ukraine with more air defense systems, artillery, drones and armored vehicles. Kirby said that this is the 72nd such material deployment assistance announced by the United States, and the United States will continue to provide additional aid packages until the end of the current government.The exchange rate of the Canadian dollar against the US dollar fell to the lowest level since April 2020. As the US dollar strengthened for the fifth consecutive day, the Canadian dollar fell below 1.42 Canadian dollars against the US dollar for the first time since April 2020. According to informed officials, Canada is studying that if US President-elect Donald Trump fulfills his threat to impose extensive tariffs, Canada will impose export taxes on its main exports to the United States.Barclays raised the target price of MicroStrategy from $275 to $515; BTIG Research raised the target price of MicroStrategy from $290 to $570, giving it a "buy" rating.