The Economic Committee of the Colombian Congress rejected the tax reform proposed by the government to fund the 2025 budget.South Korea says economic and market uncertainties still exist.South Korean President Yin Xiyue: The large opposition party has become a monster that undermines order; The opposition is threatening national security and social security.
Yin Xiyue denied that emergency martial law was a civil strife. South Korean President Yin Xiyue made a speech today (December 12), denying that "emergency martial law" was a "civil strife". He once again criticized the opposition party for enslaving Congress and abusing the power to impeach public officials. Yin Xiyue said that both impeachment and investigation will face it head-on.CITIC Securities: The interest rate of the 10-year US bond may show an upward trend due to factors such as monetary policy next year. According to the CITIC Securities Research Report, historically, the actual short-term interest rate expectation in the interest rate reduction cycle since 1983 is usually the main driving force for the downward trend of the 10-year US bond interest rate, while the term premium may rise in the interest rate reduction cycle due to factors such as supply and demand, deficit concerns and external shocks. Looking forward to the future, it is expected that the short-term 4.0% will be the support level of the 10-year US bond interest rate, and the 10-year US bond interest rate may show an upward trend next year due to factors such as monetary policy and "Trump transaction".CITIC Securities: The resonance between supply and demand of medical beauty accelerates the space expansion, and the difference in operating ability promotes the evolution of the industry structure. CITIC Securities Research Report stated that the medical beauty industry has both medical and consumption attributes, and the medical attribute has strong product-driven characteristics, while the consumption attribute has high operating ability requirements. The medical beauty botulinum toxin track is also affected by the dual attributes of medicine and consumption: 1) The increase in penetration rate, the acceleration of compliance substitution and the extension of indications have brought about high demand for medical beauty botulinum toxin, and with the recent supply expansion, the industry scale has experienced high growth; 2) The iteration of product innovation is slow, brand barriers are created through marketing, doctors are empowered through direct sales, and control is strengthened to enhance product competitiveness. Recently, a variety of medical botulinum toxins in China have been approved, and the promotion of low-priced products is expected to push up the penetration rate, and enterprises with strong operational capabilities will enter the market or promote the evolution of the pattern.
Jiuwu Hi-Tech: the first successful candidate for the procurement project of China Wuye Minmetals Salt Lake Company, with a bid price of 125 million yuan. Jiuwu Hi-Tech announced on December 12, and on December 11, the procurement e-commerce platform of China Minmetals Group Co., Ltd. released the "Announcement of Successful Candidates for the Procurement of Adsorbent Supply, Filling and Related Services for the Construction and Installation Project of Lithium Project in China Wuye Minmetals Salt Lake Co., Ltd.", and the company was the first successful candidate for this project. The company's tender offer is 125 million yuan, accounting for 16.56% of the company's audited operating income in the previous year.The strategy of Guojun Junan Household Appliances in 2025: The subsidy policy is still the key to determine the level of domestic demand, and the leading enterprises with leading layout will continue to be optimistic about going out to sea. Guotai Junan said that in 2024, the domestic sales category will be divided and the overall export will be stable. The household appliance industry presents four key words: looking at the sky/involution/multi-point flowering/continuous going out to sea. Looking forward to 2025: look forward to the domestic demand policy and continue to be optimistic about the sea leader. Subsidy policy is still the key to determine the level of domestic demand, and we will continue to be optimistic about leading enterprises with leading layout. Be optimistic about the leading enterprises and pay attention to three main lines: 1) Continue to be optimistic about the leading enterprises under the logic blessing of trade-in and going out to sea; 2) For industries with pure domestic demand, pay attention to the turning point of enterprises; 3) Pay moderate attention to the fermentation of potential themes, such as AI+ intelligence and the reform of state-owned enterprises, and the growth of mergers and acquisitions.All localities have actively deployed resources to further support mergers and acquisitions and guide them to gather in a "new" way. Since this year, there have been frequent policies to support mergers and acquisitions of enterprises, such as Eight Measures on Deepening science and technology innovation board's Reform, Serving Technological Innovation and Developing New Productivity, and Opinions on Deepening Market Reform of Mergers and Acquisitions of Listed Companies. At the same time, various localities have successively issued relevant rules or carried out special activities, so that mergers and acquisitions of enterprises have a direction and confidence. According to the reporter, up to now, Shanghai, Jiangxi, Sichuan, Shenzhen, Tianjin and other places have issued relevant documents to support enterprises to carry out mergers and acquisitions; Shanxi, Beijing, Hubei, Hunan, Qingdao and other places "answer questions" for enterprises' mergers and acquisitions through forums or training meetings. According to Tian Lihui, dean of the Institute of Financial Development of Nankai University, there are three major trends in local support policies. First, the logic of industrial synergy is constantly strengthening; Second, continue to improve the efficiency of M&A services and regulatory inclusiveness; The third is to persist in strengthening risk prevention. Generally speaking, with the support of policies, a number of high-quality industrial M&A cases are expected to land. Driven by multiple favorable factors, the M&A market is becoming more and more active. (Securities Daily)
Strategy guide
12-14
Strategy guide 12-14
Strategy guide
Strategy guide 12-14
Strategy guide 12-14