Category: Flash News

On January 2nd, it was noted that since the second half of 2024, multiple industries such as cement, photovoltaics, automobiles, and express delivery have been experiencing a trend of “anti internal competition”, promoting the reshaping of industry ecology, breaking away from homogeneous competition, and achieving sustainable development. Several business leaders told reporters that they should use innovation as the engine, capture new application scenarios, shift from simple price competition to value creation through technological innovation, engage in differentiated competition, enhance overall competitiveness, and break the industry’s “internal competition” to embark on a new journey of high-quality development. (China Securities Journal)

On January 2nd, reporters conducted research in Huaqiangbei, Shenzhen and found that Huawei’s Pura70 series, Mate70 series, Xiaomi 15 series and other mobile phone products are full of innovation, attracting consumers to come and experience and purchase. Driven by manufacturers such as Huawei and Xiaomi, the demand for smartphones in the domestic market is improving. Institutions predict that the landing of AI applications on mobile phones by 2025 will become the driving force for a new round of replacement cycles, and the global smartphone market is expected to continue a mild recovery. (China Securities Journal)

On January 2nd, as 2024 enters history, the lithium battery negative electrode material market is ushering in a new round of transformation and development. For the outlook of the negative electrode market in 2025, many interviewees agree that technological innovation and market demand will be the two major driving forces for the sustainable development of the negative electrode material market. With the rapid development of new energy vehicles, energy storage and other fields, the demand for negative electrode materials in the market will continue to grow. Meanwhile, with the continuous advancement of technology and further cost reduction, the performance of negative electrode materials will also continue to improve, meeting a wider range of application needs. The industry consensus is that considering the current profitability of the negative electrode material sector and the overall supply and demand remaining loose, it is expected that the negative electrode sector prices will continue to operate at a low level in 2025. China International Capital Corporation (CICC) pointed out that as the cost advantage of leading negative electrode enterprises continues to increase, the outdated negative electrode production capacity is expected to gradually exit from 2025 to 2026. Coupled with the slowdown in supply side expansion, the industry supply pattern is expected to continue to improve. (Securities Times)

On January 2nd, investigators from the Federal Bureau of Investigation (FBI) announced on January 1st that they have reviewed videos related to the Louisiana car collision incident, which showed three men and one woman possibly involved in the placement of suspicious homemade explosive devices. In addition, investigators have also discovered some textual materials, and the FBI believes that the attack was influenced by the extremist organization “Islamic State”.

On January 2nd, as one of the incremental policies to promote the stabilization of the real estate market, the implementation of the policy of renovating 1 million sets of urban villages and dilapidated houses through monetary resettlement and other means has attracted much attention. Recently, reporters have learned from multiple interviews that Suzhou, Ningbo, Qingdao, Hefei and other places are seizing policy opportunities, studying and planning project applications, planning to increase special loan credit lines, formulating renovation plans and resettlement policies. Some projects originally planned for physical resettlement in 2025 will also be adjusted to monetary resettlement. Experts interviewed by reporters believe that the renovation of urban villages has a dual effect of improving people’s livelihoods and driving the economy. Among the many difficulties in the renovation, funding is the most prominent, which requires further increase in fiscal and financial policy support. It is expected that by 2025, the support for fiscal and monetary policies will increase, and the renovation of urban villages will accelerate. The completion of 1 million sets of monetary resettlement may drive the conversion of approximately 200 million square meters of commercial housing. (Securities Times)

On January 2, the People’s Bank of China announced on December 31, 2024 that it would carry out the second convenient exchange operation of securities, funds and insurance companies in the near future. On the same day, the China Securities Regulatory Commission announced that the second round of swap facilitation operations had been launched and further expanded the scope of participating institutions in swap facilitation. As of the time of publication by Shanghai Securities News reporters, Guolian Securities, Dongwu Securities, Hongta Securities, and Fangzheng Securities have obtained a no objection letter from the China Securities Regulatory Commission regarding their participation in the exchange facilitation. Industry insiders say that the rapid implementation of tools and high enthusiasm for institutional participation reflect the determination of financial management departments to maintain capital market stability and good mechanism settings. In the medium to long term, the convenience operation of swaps is conducive to introducing large-scale incremental funds from the institutional side to the capital market for countercyclical adjustment, while injecting confidence into the market from an emotional perspective and boosting activity, playing an important positive role in maintaining the long-term stable operation of the market. (Shanghai Stock News)

On January 2nd, local time, Honduran President Hiomara Castro warned in a televised speech to the nation that if US President elect Trump deports Honduran immigrants on a large scale, Honduras may demand the withdrawal of US military forces within its borders. (CCTV News)

On January 2nd, 2024, the mobile phone industry ushered in an important turning point globally, showing a positive development trend in terms of technological innovation, market expansion, and overall sales. This year, technological innovation has become an important driving force for industry growth, and breakthroughs in triple fold smartphones and AI technology have stimulated the demand for replacement phones. Mobile phone manufacturers are all “rolling” overseas, seeking new growth points. It is widely believed in the industry that the development of the mobile phone industry in 2024 will show a clear trend of differentiation. Top brands will continue to consolidate their market position through technological innovation and brand advantages, while small and medium-sized brands will seek breakthroughs in segmented markets through differentiation strategies. The application of technologies such as 5G, AI, and AR will promote the diversification and personalized development of products, making 2024 a major turning point for the mobile phone industry. (Securities Daily)

How will the A-share market perform in 2025? From the annual outlook of multiple securities firms, the risk appetite of A-shares continues to rise, and the turning point of corporate profitability improvement has become the “2025 consensus” of most institutions. With the implementation and effectiveness of a series of incremental policies, the capital market is poised for growth, and new confidence and momentum are constantly gathering. A-shares have reached a new starting point. From the overall trend analysis, it is expected that the countercyclical adjustment policy will be intensified in 2025, which will provide a favorable macro environment for the capital market. CITIC Securities predicts that the Chinese economy will exhibit a “U-shaped” growth in 2025, with the annual growth rate expected to remain around 5%. From a rhythm perspective, the beginning of 2025 will usher in a period of concentrated policy effectiveness. (Shanghai Stock News)

On January 2nd, US President Biden expressed his “anger and disappointment” over the Louisiana car crash incident on January 1st local time. Biden stated that he will not comment on specific details until all the facts of the event are clear.