Category: Flash News

On January 3rd, the China Federation of Logistics and Purchasing released the China Warehousing Index for December 2024. The index shows that the volume of warehousing business continues to grow, facility utilization rate improves, and commodity turnover remains active. Overall, the quarterly average of China’s warehousing index in 2024 is 49.4%, 48.6%, 48.8%, and 50.8%, respectively. In the fourth quarter, a package of incremental policies effectively drove up enterprise expectations, rapidly released warehousing demand, and significantly stimulated business. Inventory continued to rise, and the industry showed a trend of recovery and improvement.

On January 3, 2024, the scale of domestic ETFs experienced a leapfrog development from 2 trillion yuan to 3.7 trillion yuan. The public offering industry takes action at the right time and each does their best. On the one hand, top institutions firmly occupy the “throne” of broad-based assets and inject funds into core assets; On the other hand, popular products in equity areas such as chips, dividends, overseas, as well as fixed income and alternative assets continue to emerge, supporting public institutions to explore differentiated development paths for ETFs. With strong regulatory support, the investment environment has significantly improved and investment returns have gradually increased. Industry institutions predict that the future market is expected to help ETF scale growth enter the fast lane. Compared with overseas experience, on the one hand, the diversified product matrix of ETFs is expected to further expand, and cross-border mutual linked ETFs are expected to cover the international market more widely; On the other hand, the investment advisory ecosystem of ETFs is expected to gradually improve, and various investment strategies can be developed around ETFs. (China Securities Journal)

On January 3rd at 06:00, the Central Meteorological Observatory continued to issue a blue warning for strong winds. It is estimated that from 08:00 on January 3 to 08:00 on January 4, there will be 5-7 strong winds and 7-9 gusts in most parts of Xizang, central and southern Qinghai, western Sichuan Plateau, western Gansu, central and western Inner Mongolia, etc; There will be strong winds of 7-8 levels and gusts of 9-10 levels in the southern waters of the East China Sea, the Taiwan Strait, the eastern waters of Taiwan, the Bashi Strait, and most of the South China Sea, with some areas of the Bashi Strait experiencing winds of up to 9 levels and gusts of 10-11 levels.

On January 3rd, January 1st every year is an important “repricing day” for many existing housing loans. Industry insiders generally believe that with the implementation of a moderately loose monetary policy in 2025, there is still room for a downward trend in mortgage interest rates. After the official reduction of self owned mortgage interest rates last year, many homebuyers have slowed down their pace of “early repayment”. A personal loan manager from a bank stated that since the second half of last year, the situation of early repayment has improved, especially after the reduction of interest rates for existing housing loans, the amount of early repayment per month has further decreased. At the same time, the reduction of interest rates for existing mortgage loans will help reduce the arbitrage space for operating loans and lower the risk of illegal use of operating loans. Some homebuyers also told reporters that further reductions in mortgage interest rates will temporarily delay their plans to repay early, and may use the saved funds for financial management or investment, but still hope that mortgage interest rates can continue to decrease. (Securities Times)

On January 3rd, as profit growth slows down, tech giants that contributed more than half of last year’s 23% increase in the S&P 500 index may find it difficult to dominate the market by 2025. The slowdown in profits “may surprise some die hard investors who are betting on these very high double-digit growth,” Lisa Shalett, Chief Investment Officer of Morgan Stanley Wealth Management, said on Thursday. The idea that they can trade together as a whole and lead the market may shake in 2025

On January 3rd, according to statistics, since December 2024, a total of 33 listed companies have issued plans for shareholders to increase their holdings, of which 29 have announced the proposed increase in holdings and 4 have announced the proposed increase in the number of shares. According to the announcement of the upper limit of the proposed increase in holdings by listed companies, the total proposed increase in holdings by 29 companies is 5.628 billion yuan. From the perspective of company attributes, since December, the listed companies that have issued plans to increase their holdings are mainly state-owned enterprises, with a total of 20 central state-owned enterprises and local state-owned enterprises, as well as 2 public enterprises and 11 private enterprises. In terms of amount, out of the 19 listed companies with a proposed increase limit of over 100 million yuan, 10 are state-owned enterprises. (Securities Times)

On January 3rd, Las Vegas Sheriff Kevin McMahill stated at a press conference on January 2nd that preliminary investigations suggest that the Tesla pickup truck explosion that occurred outside the Trump International Hotel on January 1st may have been a suicidal act. The police found a gun in the car, located near the driver’s foot. The police believe that the driver shot himself in the head before the vehicle exploded.

On January 3rd, WHO Director General Tedros Adhanom Ghebreyesus issued a statement on January 2nd local time, stating that since October 2023, with the support of WHO, only 5383 patients have been evacuated from the Gaza Strip, of which only 436 patients were evacuated after the closure of the Rafa crossing. At present, there are still over 12000 people in need of medical evacuation, and at this rate, it will take 5 to 10 years to evacuate all critically ill patients (including thousands of children). During this period, their condition may worsen or even lead to death. Tedros Adhanom Ghebreyesus urged Israel to increase the approval rate for medical evacuations, accelerate the approval process, and allow the use of all possible border crossings for safe evacuations. (CCTV News)

On the evening of January 2nd local time, Ukrainian President Zelensky stated in an interview with local media that Ukraine supports France’s initiative to deploy European troops in Ukraine, but France alone is not enough. Ukraine does not want this initiative to be implemented by only one or two countries. At the same time, Ukraine believes that this initiative must be a step towards NATO, and the deployment of European forces cannot mean that Ukraine cannot join NATO in the future. When answering whether he would continue to run for re-election, Zerenski said that he did not know how the Russia-Ukraine conflict would end. If he could do more than he does now, perhaps he would view this decision more positively. But now running for president is not his goal.

On January 3rd, ETFs have become the core incremental funds in the market. In 2024, the total net subscription amount of ETFs exceeded 1.1 trillion yuan, with equity ETFs mainly investing in A-shares becoming the main force in attracting funds, with a total net subscription amount approaching trillion yuan, setting a historical record. On the first trading day of 2025, A-share ETFs saw a significant increase in trading volume. Industry insiders believe that ETFs are still intensively launching new products, with nearly 30 ETFs and ETF linked funds being or about to be issued, and more incremental funds are expected in the future. (Shanghai Securities News)