COMEX gold futures rose more than 1.00% in the day and are now reported at $2,686.20 per ounce.VinFast's second factory in Vietnam has doubled its production capacity to accelerate global expansion. VinFast Auto, a Vietnamese electric vehicle manufacturer, announced its expansion plan to build a second production plant in Vietnam, with a view to doubling its production capacity and meeting the growing market demand for its small and medium-sized models. The new factory is expected to have an annual production capacity of 300,000 vehicles, which is the same as the company's existing factory in Haiphong, and is scheduled to be put into production in July next year. In addition, VinFast also announced plans to establish assembly plants in Indonesia and India, and postponed the start-up time of the factory originally scheduled for North Carolina to 2028. These measures mark the further expansion and deepening of VinFast in the global electric vehicle market.Ukraine's national natural gas transportation company said that on December 10th, Russia nominated 42.34 million cubic meters of natural gas at Sudan border crossing, compared with 42.31 million cubic meters on December 9th.
Spot gold rose by 1.5% in the day to $2,672.85 per ounce.Soochow securities interprets the meeting of the Politburo in December: there is more room for imagination in the policy of steady growth next year. soochow securities said that the meeting of the Politburo in December put forward three new formulations, indicating that there is more room for imagination in the policy of steady growth next year. The first is to "stabilize the property market and stock market". On September 26th, the Politburo meeting described the real estate market and the capital market as "to promote the real estate market to stop falling and stabilize" and "to vigorously boost the capital market". In December, the Politburo meeting put forward more directly and clearly: "Stabilize the property market and the stock market". The second is "moderately loose monetary policy". After 2010, the keynote of China's monetary policy has been "steady" for a long time, and it has changed to "moderately loose" for the first time in 14 years, and monetary policy is promising. In 2024, the regulatory mechanism of monetary policy has undergone a framework change. Since 2024, loan lending has changed from supply constraint to demand constraint, and monetary policy has gradually weakened its focus on quantitative targets and paid more attention to the role of interest rate regulation. Therefore, the adjustment of "moderate easing" in 2024 may mean that monetary policy will continue to exert its strength from the "demand side" in 2025, and continue to promote the expansion of effective financing demand by maintaining sufficient liquidity supply and reducing financing costs. The third is to "strengthen unconventional countercyclical adjustment". The meeting pointed out: "enrich and improve the policy toolbox, strengthen unconventional countercyclical adjustment, and lay a good policy' combination boxing'". The expression "extraordinary countercyclical regulation" was first put forward.Valin Steel: The subsidiary plans to invest 2.499 billion yuan to build the technology development and industrial application project of extra-large diameter seamless steel pipe continuous rolling. Valin Steel announced that the subsidiary Valin Henggang plans to invest 2.499 billion yuan to build the technology development and industrial application project of extra-large diameter seamless steel pipe continuous rolling, and build the first advanced continuous rolling pipe production line with the largest diameter in the world. The construction period of the project is 18 months. After completion, Valin Henggang can realize the continuous rolling production of extra-large diameter seamless steel pipes with an outer diameter of φ 323 mm ~ 610 mm and a wall thickness of 7.3 mm ~ 60 mm. The project is funded by bank loans of 1-1.5 billion yuan, shareholders' capital increase of 1 billion yuan and their own funds.
Ministry of Finance: Leaders of international economic organizations are full of confidence in China's economic transformation and future. The Ministry of Finance held a briefing today (9th). Relevant leaders of the Ministry of Finance introduced the main situation of the "1+10" dialogue and answered questions from reporters. Liao Min, Vice Minister of Finance, said that the heads of international economic organizations are full of confidence in China's economic transformation and future, and expressed their willingness to strengthen cooperation with China to jointly safeguard the process of multilateralism and economic globalization. Liao Min introduced that the dialogue highlighted three key words: commitment, support and cooperation. Ten heads of international economic organizations participated in the dialogue, focusing on the theme of "building consensus on development and promoting global common prosperity", focusing on "seizing the opportunity of change, promoting the transformation and growth of the world economy", "upholding multilateralism, promoting the reform of the global economic governance system" and "China further comprehensively deepening reforms and opening up broad prospects for modernization" Liao Min said: "First, he reiterated his firm commitment to economic globalization and multilateralism; Second, it shows strong support for global economic growth and common development; Third, it has promoted the coordination and cooperation of international economic organizations. China is taking pragmatic and effective measures to intensify countercyclical adjustment, intensify the implementation of macro policies, and do everything possible to boost consumption; Further deepen reform in an all-round way, expand high-level opening to the outside world, and bring greater opportunities for world development. This is the greatest certainty of China's economy to the world economy. " Liao Min said that economic growth in all countries faces common and different challenges. Leaders of international economic organizations attending the meeting highly praised China's great progress in poverty reduction and development and its historic contribution to the world, affirmed and supported China's recent package of incremental policies, and hoped that China would continue to be a "stabilizer" and "power source" for global economic growth. Liao Min said: "We have stepped up counter-cyclical adjustment and taken pragmatic and effective measures to promote sustained economic recovery. The delegates affirmed China's positive progress in supporting economic growth and promoting structural adjustment. China is transforming from an investment-driven growth model to a consumption-and innovation-driven growth model. The successful transformation of China's economy will benefit the global economy. " Liao Min said that the contribution rate of China's economy to world economic growth has remained at around 30% for more than 10 years, and it is an important engine of global development. The underlying logic of China's economic upturn and the principle of benefiting the world have not changed, and it will continue to inject more certainty and predictability into the world economy with its own stable development. (CCTV News)More than 80,000 people will be evacuated in the Philippines due to the eruption of Mount Canraon, and more than half of the residents are in "dangerous" areas. According to the news of the Philippine Civil Defence Bureau on December 9, due to the eruption of Mount Canraon, the Philippines needs to evacuate about 87,000 residents near the volcano urgently. Among them, the situation in Terrana, lacasse is particularly serious, where about 46,900 people live in the dangerous area of 4-6 kilometers of the Calaon volcano.Regulators continue to strengthen the prevention and control of insider trading in mergers and acquisitions to maintain the "three public" order in the capital market. Recently, the securities regulatory bureaus in Hunan and Zhejiang have issued several tickets for insider trading, which fully demonstrates the determination and attitude of the regulatory authorities to "zero tolerance" for illegal securities activities. Insider trading steals the profit opportunities that belong to the majority of investors by obtaining information in advance, which seriously undermines the market order of "three publics", encourages the atmosphere of asking for information and speculation, interferes with investors' value judgment, affects the market pricing function, and infringes on the legitimate rights and interests of investors. The Shanghai Stock Exchange learned that regulators are continuing to strengthen the prevention and control of insider trading in mergers and acquisitions to help maintain the normal functioning of market pricing functions.
Strategy guide
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13