The FTSE A50 index closed up 0.84% at 14,188 points in a row.The phenomenal world tour of "Mould Mould" ended, earning over 2 billion dollars in two years. After nearly two years and about 150 performances, the phenomenal world tour of American singer "Mould Mould" Taylor Swift finally ended on December 8. According to the Associated Press reported on the 9th, Swift's world tour concert started in Glendale, Arizona, USA on March 17th, 2023, and lasted for more than 20 months, and it went through 53 cities around the world, with a total of 149 performances and 10.1 million fans ... The last performance ended in Vancouver, Canada on December 8th. This grand tour extended from the United States to South America, Asia and Europe, and became a global phenomenal event, which was a great commercial success: by the end of 2023, the Swift-era concert tour had become the first tour in the world with a total income of more than 1 billion US dollars. According to the statistics of Pollstar, the industry publication of the concert, the total tour revenue will exceed $2 billion after the series of tours are completed on December 8. (Global Times)National Development and Reform Commission: China's investment has considerable potential space. Chengfeng Zhao, deputy director of the Investment Department of the National Development and Reform Commission, said on the large-scale all-media talk show of "China Economic Roundtable" that China's investment has considerable potential space from the perspective of promoting the development of new quality productive forces, building a modern industrial system, and improving China's infrastructure and public services to meet people's needs for a better life. First, there is great potential for investment demand in scientific and technological innovation and industrial upgrading. On the one hand, driven by the goal of "double carbon", China's green infrastructure, green energy, green life and other green transformation areas have broad investment space. On the other hand, in line with the new round of scientific and technological revolution and industrial transformation, the investment scale of emerging and future industries such as quantum technology, artificial intelligence, low-altitude economy and aerospace in China is expected to maintain rapid growth. Second, there are still many shortcomings and weaknesses in the infrastructure field that need to be filled. To strengthen and expand the digital economy, it is urgent to appropriately advance the layout of new infrastructure such as cloud computing and data centers. Third, there is broad investment space in social and people's livelihood. (china securities journal)
Bonds are almost in a bearish state. Many brokers expect the Bank of China to cut interest rates next year, and the yield of 10-year government bonds may be around 1.8%. According to the Shanghai Stock Exchange, from the perspective of many institutions in 2025, the central bank's interest rate cuts will continue. Many institutions believe that in this context, the yield of 10-year government bonds will also fall to around 1.8%. Tan Yiming, a fixed-income analyst at Minsheng Securities, believes that this year's monetary policy framework reform has been promoted, and the 7-day reverse repo rate, as the main policy interest rate, has become the starting point of the interest rate transmission mechanism. It is expected that there will be one or two interest rate cuts in 2025, and the 7-day reverse repo rate will be lowered by about 20 to 40 basis points, and the 10-year government bond yield will be 1.7% to 1.8%.Oracle Bone Inscriptions (ORCL.N) has an adjusted revenue of $14.06 billion in the second quarter, with an expected revenue of $14.12 billion.Iranian Vice President: Tehran has not withdrawn from the Iranian nuclear deal. Iranian Vice President mohammad reza aref said that Iran has not withdrawn from the nuclear agreement of the Joint Comprehensive Plan of Action, and Tehran is willing to continue negotiations with western countries and suggest that western countries return to the Iranian nuclear deal. Negotiations on the nuclear program between Iran and the "European Troika" were held in Geneva on November 29th after two years' interruption. Assistant Foreign Minister Majid Taht La Wan Qi, who is in charge of political affairs, led an Iranian delegation to attend the talks. According to the Iranian government statement, the talks will continue in the near future.
5 billion square meters of diaphragm has been settled, leading enterprises have accelerated the layout of overseas markets, and the end of the year is approaching, and the lithium battery industry has entered a new round of supply negotiations. The two major battery separator companies, Xingyuan Materials and Enjie, have successively issued announcements recently, and signed large battery separator supply orders with Yiwei Lithium Energy respectively, totaling no less than 5 billion square meters. As one of the upstream materials of lithium battery, in recent years, with the intensive price reduction of the upstream and downstream industrial chains of lithium battery, the diaphragm industry is in a situation of increasing supply and demand, and the pattern of oversupply is difficult to change. Xingyuan Materials has released a new generation of high-safety lithium battery separators, the price of which will be higher than that of conventional coated separators, and Enjie and Xingyuan Materials have also laid out overseas markets with higher gross profit. The industry believes that apart from making profits from technology, it is a general trend for diaphragm enterprises to set up factories close to overseas manufacturers. (Securities Times)At the beginning of the session in Sydney, Australia, on December 10th, Rio Tinto recorded its biggest intraday gain in recent 21 months, Pilbara Mining rose 8.4% to record its best intraday performance in three months, and Latin Resources rose 10%, which was also the biggest intraday gain in three months.Brazilian Finance Minister haddad: We need to put aside the atmosphere of distrust.