【Jin Shi Data Compilation: December 19 Important News Summary for European and American Markets】
Domestic News:
1. (Management Measures for Online Marketing of Financial Products) may be released, involving areas such as loans, wealth management, and payments.
2. ByteDance: There is speculation in the market regarding 'Doubao Concept Stocks', investors should not easily believe market rumors.
3. National Energy Administration: In November, total electricity consumption reached 784.9 billion kilowatt-hours, a year-on-year increase of 2.8%.
4. CSRC Chairman Wu Qing met with Hong Kong Securities and Futures Commission Chairman Huang Tianyou and CEO Liang Fengyi.
5. American companies have filed a 337 investigation application regarding specific NETCONF supporting passive optical network devices.
6. Strictly prohibit the use of margin trading to disguise T+0 transactions; brokerages are taking action, and the market for margin trading has severely contracted.
7. Shanghai Municipal State-owned Assets Supervision and Administration Commission optimizes classified supervision of regulated enterprises and pioneers the establishment of a science and technology innovation board.
8. The Photovoltaic Industry Association questions the low bidding results of central enterprise projects with 'four consecutive questions'.
9. Are state-owned background shareholders withdrawing? Honor responds: The share reform has not yet been completed, and it is still ongoing; there is no definite news on the completion time.
International News:
1. The number of initial unemployment claims in the U.S. decreased by 22,000 from the last time, a larger drop than expected; the U.S. GDP for the third quarter was revised up from 2.8% to 3.1%.
2. The Bank of England kept the interest rate unchanged at 4.75% as expected, with 3 members voting to support a rate cut, which is more dovish than market expectations. Traders are increasing bets on a rate cut by the Bank of England, expecting a reduction of 58 basis points next year.
3. U.S. President-elect Trump calls for the elimination of the debt ceiling, stating that it is a meaningless concept.
4. The yield spread between U.S. 2-year and 10-year Treasury bonds reached its highest level since June 2022.
5. Russian President Putin: (Speaking about the special military operation in Ukraine) We are moving towards achieving our main goals. The Russian army is advancing along the entire front.
6. Sources say the Korean won has weakened to the point that it forces the Korean National Pension Fund to sell nearly $50 billion in foreign exchange to hedge losses. (Source: Jin Shi Data)