ECB: Financing conditions are relaxing, ECB: Financing conditions are relaxing. However, because monetary policy is still restrictive and past interest rate hikes are still being transmitted to the credit stock, financing conditions are still tightening. Inflation prospect, core inflation and its transmission will determine the interest rate path.Analyst: The interest rate of the European Central Bank will be pushed to the low end of the neutral range. Marchel Alexandrovich, an economist at Saltmarsh Economics, said that the European Central Bank cut interest rates by 25 basis points again, which is the fourth time in this easing cycle. The monetary policy statement reiterated that the Committee would not commit to a specific interest rate path in advance. However, the new forecast shows that the core inflation rate is 1.9% in 2026 and 2027, which indicates that interest rates may continue to push to the low end of the neutral range.Zhongding Co., Ltd. established a subsidiary of Robotics Technology. Tianyancha APP shows that Anhui Ruisibo Robotics Technology Co., Ltd. was recently established, with Xia Yingsong as its legal representative and a registered capital of 50 million yuan. Its business scope includes: research and development of intelligent robots; Intelligent robot sales; Industrial robot manufacturing; Industrial robot sales and so on. Tianyancha's equity penetration shows that the company is wholly owned by Zhongding.
The largest automobile ro-ro terminal on the Yangtze River trunk line was officially put into operation in Suzhou. On December 12th, Haitong Taicang Automobile Terminal, the largest automobile ro-ro terminal on the Yangtze River trunk line, was officially opened for production and operation. On the same day, three ro-ro ships docked at Haitong Wharf, and more than 3,300 cars were loaded on board and sent to Mexico, Peru, South Korea, Guatemala and other countries. The coastline of Haitong Taicang Automobile Terminal is 708 meters long, and it can berth two foreign trade ro-ro ships of 70,000 tons and one domestic trade ro-ro ship of 3000 tons at the same time. The land area of the yard is 860,000 square meters, the number of parking spaces is 32,000, and the designed annual automobile throughput is 1.3 million.Trade union representative: STELLANTIS told us that the output of Italy in 2025 will be similar to this year, about 500,000 vehicles.European Central Bank: It plans to stop reinvesting in the Emergency Anti-epidemic Bond Purchase Program (PEPP) by the end of 2024. Continue to reduce the emergency anti-epidemic bond purchase program (PEPP) by 7.5 billion euros per month.
Domestic futures opened mixed at night, with Shanghai copper down 0.56%, Shanghai zinc down 0.39%, Shanghai nickel up 1.75%, iron ore up 0.06%, coking coal up 0.42% and crude oil up 1.15%.Guoxuan Hi-Tech: China, the strategic shareholder, continued to give up voting rights. Guoxuan Hi-Tech announced that Guoxuan Holdings, Li Zhen and Jerry Lee (collectively referred to as the "founding shareholders") and China, the strategic shareholder of the company, signed a Supplementary Agreement on the Shareholders' Agreement of Guoxuan Hi-Tech Co., Ltd., and Volkswagen China agreed to extend the commitment period of giving up voting rights. That is to say, within 72 months after the relevant shares of the company involved in the non-public offering and share transfer are registered in the name of Volkswagen China or within a longer period determined by Volkswagen China, it will irrevocably give up the voting rights of some of its shares in the company, so that the voting rights of Volkswagen China will be at least 5% lower than that of the founding shareholder. Volkswagen China's extension of the period of giving up its voting rights commitment this time will not lead to the change of the company's control rights and will not affect the normal production and operation of the company. Mr. Li Zhen remains the actual controller of the company.Polls show that the support rate of Japanese Prime Minister Shi Pomao's cabinet has dropped to 26.8%. According to a report by the Japan News Agency on the 12th local time, the poll conducted by the agency in December showed that the support rate of Shi Pomao's cabinet was 26.8%, down 1.9 percentage points from last month. (CCTV News)
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13