A-share Market Update:
- The shipping sector is active, while brokerage stocks are declining.
- PEEK materials, oil and gas, electricity, cloud gaming, and agricultural machinery sectors lead in gains.
- Tourism, securities, and media sectors lead in losses.
- Hong Kong's three major indices show gains exceeding 1%.
Global Shipping Situation:
The global shipping industry indicates that the "Red Sea halt" may last for several weeks, awaiting military escort to be in place.
US Stock Market:
- The Nasdaq index hit a record high, signaling a phase of explosive growth for small-cap stocks, with the Russell 2000 index standing out in performance.
- Looking ahead to 2024, the US stock market is expected to undergo a "turning point."
Federal Reserve and Interest Rates:
- Markets are watching for the possibility of the Federal Reserve implementing "non-recessionary rate cuts."
- China maintains the Loan Prime Rate (LPR) unchanged, staying at a historical low.
Corporate Updates:
- Wuliangye confronts the challenge of a "quantity-price game."
- Due to poor performance and revised guidance, FedEx's stock experiences a decline, negatively impacting UPS.
Global Economy and Capital Markets:
- Global tax evasion concerns arise. To compensate workers, global taxation of capital is underway, involving dual adjustments in fiscal and monetary policies for internal structural realignment.
- New trends emerge in the US real estate market, with new housing starts exceeding expectations.
Asian Stock Markets and Oil Prices:
Asian stock markets rise, driven by expectations of US interest rate cuts and stable oil prices.
Other International Economic News:
An Australian court fines Airbnb, accusing it of misleading accommodation pricing.
Hong Kong and Singapore Markets:
- Outlook for residential rental markets in Hong Kong and Singapore; rents expected to rise in Hong Kong, while a decline is possible in Singapore.
- Cathay Pacific reports growth in passenger and cargo volumes for November.
Financial Institutions and Market Forecasts:
- Jefferies holds a negative view on the video game industry in 2024.
- The 10-point market review notes a slight decline in the market, with more stocks rising than falling.
CITIC Securities Capital Operation Plan:
CITIC Securities proposes the spin-off and listing of CITIC Dianrong to enhance capital strength and competitiveness.
![SKYPE 图](https://production-app-asset.traderknows.com/images/6b21cbce314f4a9ab4c176e7784b2d68.width-800.png?Expires=1724657704&Signature=mF8uohphO47uywwM~CE3Qe6VzgJrSETNAAGevSveCrIN6R3gYYnzZ5tU~MqlFjh41HATnZruTh5Xt50D4jeX28mq5AezogOKuXvEU4QZQ2VHq3YA8aaOg~ToQYxOZzcVFvwNec4U4zTrpzMUdN8VeWvRAB6oZMnTveGOPKGT4sPmOgkxTFKIk7FBROCEuqzS5dzmkWbp44H7rv5vAnPDdGy~DA1cmeWFzmk94Q74XjzNP4GTpCOosFNT7g4uGuaEM0NkUsBW2oDn~onrPqN7DpXh6g~mgAC8upV6Vh1umujyeAoTZphSwmxLGOAG0T20~DM4wXDch7rF5cNPs6N5Lg__&Key-Pair-Id=K3LHBTUA5A7KEY)
![公众号4](https://production-app-asset.traderknows.com/images/4c5378ba1cbd403db0b1698f51bf4dbd.width-800.png?Expires=1724657805&Signature=RNwfz9hYWwxTv9QrW64CRnueAABnx5dG7Cs7i~u3jFMWfFR~BTI1q927F5FIkQNBsIxHF8JItn0WxxBt40JYJomTZhGL1kNP9ciWfzhtn8CzU54FI9WhvXMVSBpnPeWW7-nQjLiwR0WZgP6eigIo3k2fh~8X-svnRms41nZAM0IHcplAE0QqE1uY1WjjwAoGMpOBi11hzjfKpLZgf9Aeh4ectRRbBf7Ql6HnDoHrFsSjapQ14RJqwsFTgxLXfe6C-nFXJ7k-oRmW-VlZdqRC-0M9q9O7unfjjFU70ublYg8cNekRIZysU1JMmmSe4n7qVn-7QVX7l9LfLyAK-Kt8xQ__&Key-Pair-Id=K3LHBTUA5A7KEY)