Yuanda Jinghua Securities upgraded the rating of Taiwan Optoelectronic Materials to Buy with a target price of 660 yuan NT. The nominee of the Trump Department of Transportation said that the agency will ensure "the safety of aircraft produced by Boeing."
The US dollar index rose by 0.3%, the Japanese yen fell to 153, and the Swiss franc fell by over 0.9%. On Thursday (December 12), the ICE dollar index rose by 0.31% to 107.038 points, and the intraday trading range was 106.354-107.041 points. The whole day showed a volatile upward state, but the European Central Bank announced a rate cut, the US PPI data was released, and Beijing. The Bloomberg dollar index rose by 0.28%, reaching a daily high of 1288.41 points, and then fluctuated upward after reaching a daily low of 1281.12 points at 15:17. The dollar rose 0.14% against the yen to 152.67 yen, and the intraday trading range was 151.81-152.77 yen. The euro fell 0.27% to 1.0467, the pound fell 0.62% to 1.2673, and the dollar rose 0.93% to 0.8924 against the Swiss franc. Among the commodity currencies, the Australian dollar was roughly flat after falling back against the US dollar, while the New Zealand dollar fell by 0.29% and the US dollar rose by 0.44% against the Canadian dollar. The Swedish krona fell 0.38% against the US dollar, while the Norwegian krona fell 0.26% against the US dollar.Industry: The worry about the imbalance between supply and demand still exists, and there is limited room for alumina futures to continue to fall. Since the intraday record of 5,540 yuan/ton on December 5, the main contract price of domestic alumina futures has started to fluctuate and fall, reaching a minimum of 5,077 yuan/ton on December 12, with the cumulative maximum decline exceeding 8%. According to industry insiders, the increase of alumina registered delivery brands and the sharp drop in overseas alumina spot quotations have led to the recent decline in alumina futures prices. Although the short-term news in the market is intertwined, the imbalance between supply and demand in the alumina market has not fundamentally improved, so there is limited room for the subsequent decline of alumina futures prices. (CSI)Peru's central bank kept its benchmark interest rate unchanged at 5%.
Broadcom: The artificial intelligence semiconductor business will surpass other businesses.Hong Kong's IPO is expected to return to the top three in the world next year, and signs of recovery of Hong Kong's IPO are beginning to appear this year: Hong Kong's capital market has ushered in a strong wave of "listing in Hong Kong", from upstarts such as Horizon to giants such as Midea, SF Express, Hengrui, Haitian and Mao Geping, and many mainland enterprises have turned their attention to Hong Kong. Some institutions predict that Hong Kong is expected to return to the fourth place in global IPO financing this year and the top three in the world in 2025. "When I was in Hong Kong, I might have to see three or five companies a day. This is no exaggeration." Chen Yiting, chief executive of the Hong Kong Stock Exchange, said in an interview recently that "many market participants and investment bankers are quite optimistic about Hong Kong's IPO market in 2025." (Securities Times)Many places support housing consumption in the form of issuing housing subsidies. Recently, many places have taken the form of issuing housing subsidies and optimizing housing provident fund policies to support housing consumption and release housing demand. For example, recently, the General Office of the Government of Guangxi Zhuang Autonomous Region issued "Measures for Promoting the Stable and Healthy Development of the Real Estate Market in Guangxi", which mentioned that "optimizing the housing provident fund policy" and "financial subsidies support the reasonable demand for housing purchase". Shanxi Datong, Hubei Xiangyang, Hubei Xianning and other places have also recently launched relevant measures to support residents' rigid and improved housing demand and boost the real estate market. Zhang Bo, dean of 58 Anjuke Research Institute, said in an interview that the role of promoting housing consumption in "stabilizing the property market" is expected to continue to increase, and more policies will be introduced in the future to help stabilize the property market. (Securities Daily)