Henan: This year, the limit of "debt conversion" has been fully issued. On the 10th, the Finance Department of Henan Province reported that the province successfully issued 30,444.53 million yuan of government bonds in Shanghai, all of which are special bonds for refinancing, mainly used to replace existing implicit debts. So far, the local government debt limit issued by the Ministry of Finance of China in 2024 to replace the hidden debt in stock has been fully issued. The Henan Provincial Department of Finance reported that the members of the underwriting syndicate subscribed enthusiastically, and the subscription multiple of the whole audience reached 30.86 times, which fully reflected the investors' high recognition and confidence in Henan's economic development, financial strength and government credit.Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.Institution: Bitcoin seems difficult to maintain its upward momentum. Bitcoin rose slightly in the day, but the transaction price was lower than the key level of $100,000 recently, because this cryptocurrency seems difficult to maintain its upward momentum. Last Thursday, after President-elect Trump nominated Paul Atkins, who supports cryptocurrencies, as the chairman of the SEC, Bitcoin reached a record high of $103,000. Trade Nation analyst David Morrison said in a report: "Yesterday, Bitcoin briefly broke through the $100,000 mark again, but shortly after the opening of the US stock market, with the selling of the stock market, Bitcoin plummeted."
Sichuan continued to promote the supply and demand docking of enterprises in the field of industrial informatization, with a cumulative signing amount of 38 billion yuan. The supply and demand docking activity of a new generation of information technology industry in Sichuan Province was held in Chengdu on the 10th. Zhai Gang, director of the Department of Economy and Information Technology of Sichuan Province, said at this event that since September this year, Sichuan has held nine consecutive supply-demand docking activities of "expanding the market and growing steadily" in Sichuan Province, which has promoted the establishment of long-term cooperative relations between the supply and demand sides of enterprises in Sichuan's industrial and information fields, and has contributed to a number of cooperation results and procurement transactions. At present, the accumulated contracted amount has reached 38 billion yuan. (Zhongxin. com)U.S. stocks fell. Nasdaq China Jinlong Index fell more than 3%,iShares China large-cap ETF fell 3.8%, KraneShares CSI China Internet ETF fell 3.9%, and Nasdaq China Jinlong Index fell more than 3%. BILI.O fell by 8%, FUTU.O by 6% and Xpeng Motors by 4%.China Haiphong: The car-gauge resolver decoder chip achieved a technical breakthrough and actively laid out the automobile chip industry. On December 10th, China Haiphong responded to the questions about the company's car-gauge resolver decoder chip products on the investor interaction platform. China Haiphong said that in order to solve the technical problems of the core chip, the company's subsidiaries carried out independent research and development work for the car-level resolver decoding chip, which broke through a number of key technologies. The company's car-level resolver decoding chip successfully passed the AEC-Q100 car-level reliability and quality assurance system certification, successfully filled the domestic gap and realized the independent control of the core components of the electric drive system.
Domestic black futures closed at night, with iron ore down 1.09%, iron ore down 1.09%, rebar down 0.29%, hot coil down 0.34%, coking coal down 1.48% and coke down 0.19%.The dollar index DXY rose nearly 20 points in the short term and is now reported at 106.54.On December 10th, it was learned from China Academy of Sciences that the research device of heavy ions with low energy and high current and high charge state, a major national scientific research instrument, has been accepted by experts organized by the National Natural Science Foundation of China, and the research of heavy ions in China has been added with new tools.
Strategy guide 12-14
Strategy guide
Strategy guide