The capital market anchors scientific and technological innovation to empower the development of new quality productive forces. The the Political Bureau of the Communist Party of China (CPC) Central Committee meeting held on December 9 emphasized that scientific and technological innovation should lead the development of new quality productive forces and build a modern industrial system. With the new "National Nine Articles" and the "1+N" policy of the capital market, the capital market has become one of the main positions to support the development of new quality productive forces. In particular, the capital market supports listed companies to use refinancing, mergers and acquisitions, equity incentives and other tools to increase investment in scientific and technological research and development, constantly overcome technical difficulties, and enhance the toughness and competitiveness of the industrial chain. A number of interviewees said that in the future, the capital market will further guide capital to gather in the field of new quality productivity, give full play to the function of resource allocation, support scientific and technological innovation and industrial upgrading, and enhance the ability of the capital market to serve scientific and technological innovation and the development of new quality productivity. (Securities Daily)Russia is willing to engage with the United States on the Ukrainian issue. Russian Foreign Ministry spokesman Zacharova said at a regular press conference on the 11th that Russia is willing to engage with the United States on the Ukrainian issue, but has not received any "serious suggestions" from the team of President-elect Trump.Russia's CPI rose by 8.88% year-on-year and 1.43% month-on-month. Russia's CPI rose by 1.43% month-on-month in November and is expected to rise by 1.50%. In November, CPI increased by 8.88% year-on-year, and it is expected to increase by 8.90%. In November, the core CPI rose by 1.10% month-on-month, in line with expectations. In November, the core CPI increased by 8.28% year-on-year, and it is expected to increase by 8.37%. In the week of December 9, the CPI rose by 0.48% month-on-month, and has increased by 8.76% since 2024.
Shanghai Tin closed up nearly 1%, international copper closed up 0.09%, Shanghai Copper closed down 0.11%, Shanghai Aluminum closed up 0.10%, Shanghai Zinc closed down 0.19%, Shanghai Lead closed down 0.57%, Shanghai Nickel closed up 0.53% and Shanghai Tin closed up 0.99%. Alumina closed up 0.60% at night. Stainless steel night plate closed up 0.54%.Apple or cooperated with Broadcom to develop AI server chips using TSMC's advanced process. According to The Information, Apple's cooperation with Broadcom this time is not complete design and production outsourcing in the traditional sense, but some key "chiplet" are provided by Broadcom. Core is a design method that modularizes the functions of the processor. Apple can combine multiple cores into a complete chip. This method not only simplifies the manufacturing process, but also effectively protects Apple's overall design secrets, even if the partners can't fully understand the chip architecture. It is reported that this processor code-named "Baltra" will be produced by TSMC in N3P process. N3P is an advanced manufacturing technology released by TSMC in April 2024, and it is expected to be applied to the processor of iPhone 17 Pro for the first time. This process technology has higher performance and energy efficiency advantages, and will provide strong support for AI servers.When Trump came to power, ESG investors were disheartened. UBS Wealth Management believed that the concerns were exaggerated. UBS Global Wealth Management Department said that Trump's return to the White House was unlikely to weaken the reasons for ESG investment. Strategists including Amantia Muhedini said in customer reports that although traditional ESG stocks such as solar energy and wind energy were suddenly sold off after Trump won the election on November 5, the long-term demand for continuous investment in areas from renewable infrastructure to electrification will remain strong. "Aside from politics and geopolitics, the economic prospects of renewable energy, electrification and infrastructure are still attractive, and long-term demand is visible ... The fear of Trump's re-election may be exaggerated, and we have seen the value of specific market segments."
Kuwait priced the oil sold to Asia in January at the parity level with Oman/Dubai.Market information: Britain plans to lay off more than 10,000 civil servants.Xinhua News Agency commentator: Writing a new chapter of high-quality development in border areas, the article said that development is the foundation and key to solving all problems in China. To promote high-quality development in border areas, we must firmly grasp the master key of development. He who does not seek the overall situation does not seek a domain. Only by firmly establishing the idea of a national chess game, bringing the development of border areas into the overall situation of Chinese modernization strategy, regional coordinated development strategy and regional major strategy can we promote the high-quality development of border areas in the new development pattern and the national unified market.