The yield of 10-year US Treasury bonds rose by more than 4 basis points. Investors were concerned about the rising oil price and the US Treasury's supply this week. At the end of new york on Monday (December 9), the yield of 10-year US benchmark treasury bonds rose by 4.44 basis points to 4.1973%, and the intraday trading was in the range of 4.1336%-4.1973%. The yield of two-year US bonds rose by 2.26 basis points to 4.1265%, and intraday trading was in the range of 4.0933%-4.1307%. The yield spread of three-month Treasury bonds /10-year US bonds rose by 4.684 basis points to -21.027 basis points. The yield spread of 02/10-year US bonds rose by 2.147 basis points to +6.867 basis points. The yield of US 10-year inflation-protected treasury bonds (TIPS) rose by 2.51 basis points to 1.9215%.Arabica coffee futures climbed to a record high in new york.Institution: The European Central Bank is expected to hint that interest rates will be further lowered after this week. Pioneer analyst Shaan Raithatha said in a report that the European Central Bank is expected to cut the deposit interest rate by 25 basis points to 3% this week, and hinted at further interest rate cuts at the meeting on Thursday. The senior economist said that this should reflect the softening growth prospects and the increasing possibility that inflation will weaken more than expected. He said that the ECB can choose not to mention the statement that "as long as it is necessary, the policy will be limited enough". Vanguard continues to predict that the European Central Bank will accelerate the pace of interest rate cuts in early 2025 and reduce the deposit interest rate to 1.75% by mid-2025, slightly lower than the neutral level.
Zhongyan shares: Wang Xiuyun reduced 1% of the company's shares. According to the announcement of Zhongyan shares, Wang Xiuyun and his concerted action Liu Guoliang held a total of 8,496,400 shares, accounting for 6.99% of the company's total share capital. Wang Xiuyun reduced its holdings by 1,216,800 shares through centralized bidding, accounting for 1% of the company's total share capital. The price range of reduction was 29.62-35.7 yuan/share, and the total amount of reduction was 40,775,300 yuan. After the reduction, Wang Xiuyun and his concerted action Liu Guoliang held a total of 7,279,600 shares of the company, accounting for 5.99% of the company's total share capital.Jingliang Holdings: It plans to transfer 10.96% equity of Longjingbao Company for 20 million yuan. Jingliang Holdings announced on the evening of December 10 that the company signed the Equity Transfer Agreement with Beijing Wanfa Hengxing Trading Co., Ltd. (hereinafter referred to as "Wanfa Hengxing") on December 10, and will hold 10.96% equity of Chongqing Longjingbao Network Technology Co., Ltd. (hereinafter referred to as "Longjingbao Company"). After the completion of this transaction, the company no longer holds the equity of Longjinbao Company. The counterparty Fang Wanfa Hengxing is a wholly-owned subsidiary of Beijing Grain Group Co., Ltd. (hereinafter referred to as "Jingliang Group"), and Jingliang Group is the controlling shareholder of the company. This transaction constitutes a related party transaction.Xinhua Commentary People's Livelihood is no small matter | Big data "killing": Don't let the algorithm be cold-hearted. The special action of "Clear Network Platform Algorithm Typical Problem Governance" is being carried out, and it is clearly required to focus on rectifying and using algorithms to implement big data "killing" and other issues. For some time, many consumers have been inadvertently "calculated" by the algorithm, and special actions have sent a signal to resolutely rectify this chaos. Algorithms quietly affect daily consumption patterns. The algorithm not only promotes the development of digital economy efficiently and accurately, but also erodes consumers' rights and interests in the form of big data "killing". Nowadays, the algorithm may know more about my consumption habits than consumers. Different people book the same flight and the same cabin ticket at different prices. After an APP is used many times, it can no longer receive a large amount of coupons, but it is more expensive for members to book hotels ... As the algorithm is deeply embedded in daily consumption, the "killing" method of big data is refurbished, becoming more and more hidden and complicated. "Killing customers" infringes on consumers' right to know and choose. Algorithms must be law-abiding. Pricing should be based on honesty, and the platform cannot "tailor-made" the price for consumers according to "user portraits" such as age, occupation and consumption level. The so-called "algorithms" that harm the legitimate rights and interests of consumers and undermine the normal and fair competition order in the market must be severely cracked down according to law. Algorithms are not profit-makers. The "killing" of big data is a technical problem and a procedural problem on the surface, but it is actually a social problem and a credit problem. Behind the algorithm is the value choice of the enterprise. Perhaps the cleverness and calculation of "random discount" can bring short-term benefits to business expansion, but in the long run, it will continue to erode the trust of consumers and damage the corporate image, which will lay a disaster for the sustainable development of the whole industry. The algorithm should be good. The use of the algorithm should find an appropriate balance between technological progress and ethical norms, and continue to explore the establishment and improvement of a normalized supervision mechanism. Properly protect users' privacy and experience, rebuild trust with consumers, and make good use of the platform of the algorithm to achieve long-term results. The application of new technologies will bring new products and new formats, as well as new impacts. "Clear network platform algorithm typical problem management" is not a gust of wind, but to continue to let everyone really feel the convenience of new technology. (Xinhua News Agency)
Jinlong Automobile: It received a government subsidy of 26,858,500 yuan. Jinlong Automobile announced on the evening of December 10th that the company and its subsidiaries received a total of 26,858,500 yuan from September 3rd to December 6th.Porsche: Dynamically adjust the dealer network scale to 100 in 2026. According to the news, Porsche plans to adjust the dealer network, phase out and optimize the network in the next two years, and it is expected to retain about 100 dealers by the end of 2026. On December 10th, Porsche China responded to the reporter that Porsche has been continuously evaluating the dealer network layout. (Shell Finance)International Air Transport Association (IATA): It is estimated that the global air passenger traffic will exceed 5 billion next year, and the total revenue of the aviation industry will exceed 1 trillion US dollars for the first time. On December 10th, the International Air Transport Association (IATA) released the financial outlook for the global aviation industry in 2025, and it is estimated that the global air passenger traffic will reach 5.2 billion passengers in 2025, an increase of 6.7% over 2024, and it will exceed the 5 billion mark for the first time. In 2025, the net profit of the global aviation industry will reach 36.6 billion US dollars, an increase of nearly 16% compared with 2024, and the profit rate will be 3.6%, higher than 3.3% in 2024. IATA also predicts that the total revenue of the global aviation industry will exceed $1 trillion for the first time in 2025. According to the International Air Transport Association, North America will remain the largest profit contributor to the global aviation industry in 2024, although the profit rate is lower than the pre-epidemic level, especially for low-cost airlines, due to the slowdown in aircraft delivery and rising costs. Thanks to the strong demand for high-end long-distance travel, the financial performance in the Middle East is the strongest, and it is also the only region where the passenger yield has increased.
Strategy guide
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Strategy guide 12-13