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Japanese manufacturers' confidence index turned negative to the central bank's forecast in December. A short-term survey in Reuters, Japan, found that Japanese manufacturers' business confidence deteriorated further in December due to concerns about US protectionist policies. The survey of 505 large Japanese non-financial enterprises showed that manufacturers' confidence index fell from 5 in November to -1 in December, which was the first time since last February, and the number of pessimists exceeded optimists for the first time in 10 months. The loss of business confidence may cast a shadow over the Bank of Japan's forecast. The Bank of Japan had previously predicted that a steady recovery driven by rising wages and consumption would help inflation reach the 2% target in a sustainable way and justify further interest rate hikes. Many manufacturing industries have reported that business confidence has declined. Among electronic machinery manufacturers, steel and non-ferrous metal manufacturers, pessimists far exceed optimists.Thirteen people lost contact due to the road collapse in Shenzhen, Guangdong Province. According to the website of the Emergency Management Department on December 11, the the State Council Work Safety Committee issued the Notice on Handling Major Production Safety Accidents on December 10. On December 4, 2024, a major road collapse accident occurred at the construction site of No.5 bid section of Shenjiang Railway in Hangcheng Street, Baoan District, Shenzhen, which has caused 13 people to lose contact. According to the Measures for Handling Major Accidents, the the State Council Safety Committee decided to supervise the handling of this major accident. Guangdong Province should, in accordance with the Regulations on the Reporting, Investigation and Handling of Production Safety Accidents and other relevant laws, regulations and rules, promptly organize accident investigations, quickly identify the cause of accidents, and study and put forward handling opinions in strict accordance with the requirements of accident investigations. Before the accident is closed, the accident investigation report (not finalized) shall be submitted to the the State Council Safety Committee Office for examination and approval, and Guangdong Province shall be responsible for approving the case and announcing it to the public. After the case is closed, the accident investigation report and the implementation of the accident handling decision shall be reported to the the State Council Safety Committee Office for the record.About 200 people have been killed by gang attacks on civilians in Haiti. Recently, a large-scale violence against civilians in Port-au-Prince, the capital of Haiti, has killed about 200 people, most of whom are elderly people. Witnesses said that the massacre continued.


Anhui Construction Engineering Co., Ltd.: A major project that won the bid of 15.506 billion yuan was announced by Anhui Construction Engineering Co., Ltd., and the company and its subsidiaries recently received the notice of winning the bid. The winning project is the Yangtze River Bridge and wiring project of Taishan Road in Wuhu, S24 Hanghe Expressway. The project is located in Wuhu City, and its main contents include investment, financing, survey and design, construction, operation management, maintenance, debt repayment and handover, with a total investment of about 15.506 billion yuan. The construction period of the project is 48 months and the charging period is 356 months. This project was jointly won by a consortium composed of several companies, such as CCCC Second Waterway Engineering Bureau Co., Ltd..SpaceX is valued at about $350 billion due to internal stock sales. According to an email sent to employees seen by the media, SpaceX and its investors have agreed to acquire the company's common stock of up to $1.25 billion at a price of $185 per share. This transaction values the rocket and satellite manufacturer owned by elon musk at about $350 billion.Expert: Central enterprises will continue to recruit in A-shares. On the evening of December 9, Huada Jiutian, a domestic EDA leader, announced that China Electronic Information Industry Group Co., Ltd. will become the actual controller of the company. So far, the number of A-share listed companies "incorporated" by central enterprises reached 10 in 2024. The end of 2024 is an important node for central enterprises to optimize the layout of listed platforms. The Work Plan for Improving the Quality of Listed Companies Controlled by Central Enterprises previously issued by the State-owned Assets Supervision and Administration Commission of the State Council made it clear that the adjustment and revitalization of the listing platform should be basically completed by the end of 2024, and it is supported to revitalize through absorption and merger, asset restructuring and cross-market operation, or to withdraw through free transfer and equity transfer, so as to further focus on the main business and advantageous areas. Looking forward to the next layout rhythm of central enterprises in the capital market, many experts interviewed by reporters believe that the pace of "recruiting" of central enterprises in A shares will continue. In the coming period, the cases of central enterprises strengthening their main business through capital operation and giving play to their strategic support and industrial leading functions will be on the rise. (shanghai securities news)


Zhou Liwei has served as the Standing Committee of Shandong Provincial Party Committee and Minister of Organization Department. According to the website of Shandong Provincial Commission for Discipline Inspection and Supervision, on December 11th, the 12th Anti-corruption Coordination Group of the Provincial Party Committee held its fourth meeting to convey the spirit of studying the anti-corruption work of the CPC Central Committee, comprehensively summarize the anti-corruption work in Shandong Province, and study and deploy key tasks. Xia Hongmin, member of the Standing Committee of the Provincial Party Committee, secretary of the Provincial Discipline Inspection Commission, director of the Provincial Supervision Commission and leader of the provincial anti-corruption coordination group, presided over the meeting and delivered a speech. Zhou Liwei, member of the Standing Committee of the Provincial Party Committee, director of the Organization Department and deputy head of the provincial anti-corruption coordination group, Li Wei, deputy governor and director of the provincial public security department, Huo Min, president of the provincial court, Gu Xuefei, chief procurator of the provincial procuratorate, Lei Yun, deputy secretary of the provincial discipline inspection commission and deputy director of the provincial supervision commission, and other members of the provincial anti-corruption coordination group attended the meeting. This shows that Zhou Liwei has served as the Standing Committee of Shandong Provincial Party Committee and Minister of Organization Department.The onshore RMB against the US dollar officially closed at 7.2590 at 16:30 Beijing time, down 97 points from the official closing price of the previous trading day and down 99 points from the closing price of the previous day and night.Analyst: There may be a RRR cut of 50 basis points to 100 basis points next year. Tan Yiming, chief fixed income analyst of Minsheng Securities, said that there may be a RRR cut of 50 basis points to 100 basis points next year, considering the supply pressure of government bonds, the restoration of credit supply and the provision of long-term stable low-cost funds for financial institutions.

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