Category: Flash News

On December 27th, the Shenzhen Stock Exchange announced that from December 23rd to 27th, the exchange has taken self regulatory measures against 134 cases of abnormal securities trading, involving abnormal trading situations such as intraday price manipulation and false reporting; A total of 15 major issues of listed companies were investigated, and 3 suspected illegal and irregular case clues were reported to the China Securities Regulatory Commission.

On December 27th, at the end of the year, companies were intensively rushing for Hong Kong stock IPOs. According to the official website of the Hong Kong Stock Exchange, as of December 26th, 20 companies have submitted their prospectuses since December alone, surpassing the 17 companies in November. The process of companies going public in Hong Kong is also accelerating. Data shows that from December 1st to 26th, six companies have gone public. Meanwhile, from December 27th to 30th, four more companies are about to go public. Overall, the reason why companies actively go public in Hong Kong is that policies encourage and support high-quality mainland enterprises to go public in Hong Kong, the liquidity environment of Hong Kong stocks is gradually improving, and many companies have the need to promote international business, optimize capital structure, and broaden financing channels.

On December 27th, a front page article of the Securities Times pointed out that strict supervision and regulation will be the main tone of the capital market in 2024. This is an inherent requirement for maintaining the order of the “three publics” in the market and market stability, as well as an inevitable measure to protect the legitimate rights and interests of small and medium-sized investors. Currently, regulatory authorities are gradually exploring the establishment of a full chain supervision system before, during, and after the event, focusing on “key individuals” and “key matters”, with stricter law enforcement and higher costs of illegal activities. According to incomplete statistics, the China Securities Regulatory Commission has investigated and handled over 700 related cases since the beginning of this year, with fines and confiscated amounts exceeding the total amount of last year.

On December 27th, researchers from the University of Michigan in the United States developed a new type of incandescent light bulb. With the precise design of the filament itself, this light bulb is capable of emitting elliptically polarized light (twisted light) and is 100 times brighter than previous methods. This new design helps to enhance people’s understanding of fundamental physics and paves the way for the application of robot vision systems and other cutting-edge technologies.

① 07:30 Japan’s November unemployment rate; ② At 07:50, the Bank of Japan released a summary of the opinions of the members of the December meeting review committee; ③ 23:30 US EIA natural gas inventory for the week ending December 20th; ④ The next day at 02:00, EIA crude oil inventory and EIA strategic petroleum reserve inventory for the week of December 20th in the United States; ⑤ The total number of oil wells drilled in the United States for the week ending December 27th at 02:00 the next day.

On December 27th, according to a report by European news channel on the 25th, there are currently 340 million pets in Europe, and the pet market, especially the pet medical and pet insurance industries, has promising development prospects. According to reports, the value of the European pet healthcare industry has reached around 40 billion euros. According to estimates, the European pet healthcare market is expected to grow by 6.4% from 2022 to 2027. It is worth noting that high-tech medical methods such as CT and MRI are gradually becoming popular in the European pet medical market. With the increasing demand for pet medical care, the expenses for CT scans, surgeries, and other procedures for pets will further increase, and the shortage of pet doctor talent will also intensify.

On December 27th, according to the Korean Central News Agency, Russian President Putin extended New Year’s greetings to Kim Jong un, General Secretary of the Workers’ Party of Korea and State Councilor of North Korea, and stated that his meeting with Kim Jong un in Pyongyang in June this year has taken Russia North Korea relations to a new level. The signing of the Comprehensive Strategic Partnership Treaty between Russia and North Korea based on the results of the talks has created conditions for fundamentally expanding mutually beneficial bilateral cooperation in all major areas between Russia and North Korea. I believe that in the upcoming year of 2025, Russia and North Korea will closely fulfill this historic treaty and respond more consistently to the threats and challenges of today’s era.

On December 27th at 06:00, the Central Meteorological Observatory continued to issue a blue warning for strong winds. It is estimated that from 08:00 on December 27 to 08:00 on December 28, there will be 5-6 wind and 7-8 gusts in some areas of central Inner Mongolia, Ningxia, Shanxi, northern Hebei, western Beijing, Tianjin, Xinjiang along Tianshan Mountains, southern Qinghai, northern central Xizang, Liaodong Peninsula, Shandong Peninsula, among which, there will be 9 local gusts in northern Hebei, northern central Xizang and other regions; The Bohai Sea, Bohai Strait, most parts of the Yellow Sea, northern East China Sea, Taiwan Strait, eastern waters of Taiwan, Bashi Strait, most parts of the South China Sea, and Beibu Gulf will experience strong winds of 7-8 levels and gusts of 9-10 levels.

On December 27th, several public fund companies have recently held investment strategy meetings or released investment strategies for 2025. Overall, public funds have a relatively positive view on the A-share market in 2025, and it is generally believed that the future equity market will be relatively attractive after policy expectations are fulfilled and corporate performance has bottomed out and rebounded. The technology and consumer sectors are the focus areas for public fundraising in 2025, especially in sub sectors such as low altitude economy, artificial intelligence, autonomous driving, and robotics. (China Securities Journal)