FTSE China A50 index futures rose 0.75% at the beginning, and closed up 0.84% in the last trading day and night.In early trading, the main domestic futures contracts rose almost across the board, with coke and glass rising by over 5%, BR rubber and coking coal rising by over 4%, screw thread and soda ash rising by over 3%, iron ore rising by nearly 3%, and hot coil, polyvinyl chloride (PVC), para-xylene (PX), PTA, Shanghai Bank, Shanghai Tin, rapeseed meal and SC crude oil rising by over 2%. In terms of decline, asphalt and low sulfur fuel oil (LU) declined slightly.Pacific Securities: The historical low of the valuation office of liquor industry is about to be repaired. The Pacific Securities Research Report pointed out that the liquor industry is rationally slowing down, and the valuation office is at a historical low, and it is about to be repaired. Next year, the leading growth target will generally drop to single digits. However, the accumulated inventory risk and pricing pressure still need time to gradually ease after the imbalance between supply and demand has intensified in the past two years and the previous industry bubble has receded. With the economic recovery stimulated by this round of policies and the stabilization of the bottom of the real estate industry, the liquor industry is expected to usher in a wave of recovery. Since 2023, industry differentiation has intensified, but with the improvement of management level and refined channel operation in recent years, excellent wine enterprises have stronger marketing foundation and anti-risk ability compared with previous downward cycles. The price of high-end wine determines the brand position, so the approval price is more important, which depends on the choice of quantity and price and the control of approval price by wine enterprises. Sub-high-end needs to pay more attention to channel risks. The high growth brought by pre-distribution investment needs to be tested in the downward period, and once the channel collapses and stalls, it is difficult to reverse it. Real estate wine pays attention to the growth momentum of internal product structure and the market potential in and around the province. The upgrading speed determines the slope and the ceiling determines the space. Suggested attention: Wuliangye, LU ZHOU LAO JIAO CO.,LTD, Shuijingfang, etc.
Today, Shanzi Hi-Tech's daily limit was 300 million yuan for Ningbo Zhongshan West Road of Yongxing Securities, and Shanzi Hi-Tech's daily limit was 6.211 billion yuan, with a turnover rate of 32.07%. After-hours data showed that Shenzhen Stock Connect bought 203 million yuan for special seats and sold 199 million yuan, while Yongxing Securities sold 300 million yuan for Ningbo Zhongshan West Road and 91.8558 million yuan for special seats for one institution.A mountain fire broke out in Yajiang, Sichuan Province, and more than 140 people have been transferred and resettled. There are no reports of casualties. At 15: 20 on December 9, 2024, a mountain fire broke out in Chengxiang Village, Hekou Town, Yajiang County, Ganzi Prefecture, Sichuan Province. After the fire broke out, Ganzi Prefecture immediately launched a three-level emergency response and quickly organized more than 300 rescue forces to carry out fighting. At present, more than 140 people have been transferred and resettled, and no casualties have been reported. (CCTV News)China's SME development index rose for the second consecutive month, which was released today (10th) by China Small and Medium Enterprises Association. In November, China's SME development index was 89.2, up 0.2 point from October and rising for two consecutive months. China Small and Medium Enterprises Association believes that the main driving force for the continuous rise of the index is that a series of stock support policies continue to exert their strength. At the same time, since September, a package of incremental policies has begun to take effect, and various positive factors have accumulated, which has led to the improvement of the prosperity level of small and medium-sized enterprises. Ma Bin, executive vice president of China Small and Medium Enterprises Association, said that in November, the comprehensive operation index and benefit index of small and medium-sized enterprises rose by 0.5 points respectively, both the biggest increases this year. At the same time, the long-term high cost index has dropped significantly, which is very rare. It shows that the improvement of the prosperity level of small and medium-sized enterprises is based on a virtuous circle, and this wave of "two consecutive rises" has a high gold content.
Debon Securities: Pay attention to the investment opportunities in the fields of liquor, beer and leisure snacks. Debon Securities Research Report pointed out that 1) Liquor: The dealer conference will set the tone for next year, giving priority to the opportunities of low-value leading layout. Recently, wine companies have intensively held dealer meetings to set the tone for next year's growth. At present, wine enterprises are generally rational and pragmatic, and reasonable speed reduction reduces the burden on channels. With a series of economic policies, the consumption of enterprises and residents is expected to pick up in 2025. The competitiveness of head enterprises has been further enhanced through continuous evolution, so it is suggested to grasp the investment opportunities with low expectations at present. 2) Beer: The overall performance of the third quarterly report is under pressure due to the weak recovery of demand and weather, but it is expected that the ton price of major beer enterprises will maintain a steady and rising trend throughout the year. With the introduction of a series of policies to stimulate consumption, terminal demand is expected to improve, and the recovery of ready-to-drink scenes such as catering is expected to promote the upgrading and continuation of beer structure. 3) Leisure snacks: The performance of leisure snack enterprises is further differentiated, and the performance of high-potential targets is optimistic in the peak season. In the third quarter, the performance of leisure and snack enterprises was divided, and the growth toughness of high-potential enterprises remained the same. The follow-up Spring Festival peak season is expected to bring the possibility of exceeding expectations. At present, the level of income profit rate of head enterprises is expected to remain stable.Wang Sicong's food company was forcibly held for 148,000 yuan. According to the information of legal proceedings, recently, Shanghai Ai Luo Star Food Co., Ltd. added a piece of information about the person to be executed, with the execution target of more than 148,000 yuan. The enforcement court is Xian 'an District People's Court of Xianning City. Founded in October 2016, the legal representative is Cheng Hua, with a registered capital of about RMB 18.83 million. Its business scope includes food circulation, food additives, packaging materials, cosmetics, electronic products, daily necessities, clothing, shoes and hats, knitwear, leather products, bags and toys. Wang Sicong holds about 20% of the company's shares and serves as the company's supervisor. Tianyan risk information shows that the company also has information on restricting consumption orders and freezing stock rights.Electric connection technology: Shanghai Hesai Technology is a customer of the company. Electric connection technology said on the interactive platform on December 10 that Shanghai Hesai Technology is a customer of the company.
Strategy guide 12-13
Strategy guide
Strategy guide
12-13
Strategy guide
12-13
Strategy guide 12-13