China Merchants Securities' salary adjustment: "The investment bank's salary is cut by half and the bonus is cancelled". It is reported that China Merchants Securities is taking more measures to reduce the salary. At present, the investment bank's salary is cut by half and the bonus is cancelled, so is the institutional department. A number of China Merchants Securities confirmed the authenticity of the above news to the trade wind, and also said that the "business entertainment expenses of the investment bank were basically cancelled". Affected by the slowdown of IPO rhythm, the equity business of China Merchants Securities Investment Bank has shrunk significantly. Wind data shows that since 2024, the amount of equity underwriting has been 8.181 billion yuan, down over 50% year-on-year.Zhou Xiaobo served as the deputy general manager of Haifutong Fund. On the evening of December 10th, Haifutong Fund Management Co., Ltd. announced the change of senior management: from December 9th, 2024, Zhou Xiaobo served as the deputy general manager of the company. The resume of the announcement shows that Zhou Xiaobo has served as the chief analyst of the chemical industry and director of the investment research department of Shanghai Shen Yin Wanguo Securities Research Institute Co., Ltd., the investment manager, assistant general manager (presiding) and deputy general manager (presiding) of the equity investment department of Taiping Asset Management Co., Ltd., and the deputy general manager of Shen Wanlingxin Fund Management Co., Ltd. In November 2024, he joined Haifutong Fund Management Co., Ltd.Spot palladium fell 2.00% in the day and is now reported at $954.75 per ounce.
Liu Jianchao met with the Pakistan Mu Meng (Xie) delegation. On December 10th, Liu Jianchao, Minister of the International Liaison Department of the CPC Central Committee, met with the Mu Meng (Xie) delegation led by Mariam, Senior Vice Chairman of Pakistan Muslim League (Sharif) and Chief Minister of Punjab Province. The two sides exchanged views on implementing the consensus of the leaders of the two countries, strengthening inter-party and local exchanges and cooperation, and promoting the construction of a closer community of destiny between China and Pakistan in the new era. (Xinhua News Agency)David, nominee of the board of directors of the Brazilian central bank: inflation expectations are higher than the target and the central bank needs to take resolute action. The process is underway.The loose monetary signal ignited the bond market. The yield of 10-year government bonds hit 1.83% and hit a new low. Affected by the loose monetary signal, the yield of 10-year government bonds once again hit a record low. During the session on December 10th, the yield of the 10-year active bond "24 Treasury Bond 11 with Interest" (240011) fell by 7.5BP (basis point) and hit 1.8300%, hitting a record low. The yield of 30-year active bond "24 Special Bond 06" (2400006) also went down all the way, falling to 2.0450%, down 4BP from the previous day. Treasury futures rose strongly all day, and the 30-year main contract closed up 1.37%, setting a record high. The ETF market of government bonds was all red, and the 30-year ETF rose by 1.87%. Politburo meeting of the Chinese Communist Party, held on the 9th, sent a signal of steady growth, which formed a favorable support for the bond market. For the economic work in 2025, the meeting first mentioned "extraordinary countercyclical adjustment", and the tone of monetary policy changed from "steady" that lasted for 14 years to "moderately loose". The loose monetary signal pushes the bond market to strengthen. According to industry analysts, the debt bull will continue in the future, and the yield of 10-year government bonds can be seen as low as 1.6%. However, there are also views that if the economic fundamentals continue to run in 2024 next year, the bond market yield will rebound in the future and need to be treated with caution. (CBN)
Company interaction: These companies disclosed the latest situation in AI and robotics. On December 10th, a number of listed companies disclosed their latest situation in AI and robotics through interactive platforms and record forms of investor relations activities: AI, 360: Three original AI products have been released this year, and 360 Zhinao provided large-scale model solutions for 20 core industries; Straight flush: HithinkGPT model of the company has deeply empowered internal and business partners; Aimeike: At present, the company's products and services have not been applied to AI technology. Cultural media, wireless media: at present, it has not been laid out in the field of ear economy. Robot, Chaojie shares: in the field of humanoid robots, there are small batches of samples of metal materials; Tongda Power: The servo motor core produced by the company can be applied to robot motors. Synthetic diamond, Guoli Co., Ltd.: The company's magnetron meets the needs of synthetic diamond business and has been promoted in batches. Others, Hongya CNC: the income from exporting products to the US market is relatively low; Huasu Technology: It is actively docking BMS related products in the energy storage field with Contemporary Amperex Technology Co., Limited; Wan Liyang: The aluminum alloy die-casting project invested and built by the company in Jiangshan, Zhejiang Province has been put into production; Op Optronics: The subsidiary Changguang Aerospace products can be widely used in the aerospace field; Nanjing Panda: The research and development of a new generation of satellite communication terminals is under way; Electric connection technology: Shanghai hesai technology is the company's customer.VDMA: For the first time in many years, there is a small risk of layoffs.Alibaba Cloud Yuan Qian: Overseas income has increased 20 times in five years. On December 10th, at the international business development exchange meeting in Alibaba Cloud, Yuan Qian, general manager of Alibaba Cloud Intelligent International Division, revealed that Alibaba Cloud's overseas income has increased 20 times in five years, and it has served 4 million customers worldwide. She said that compared with overseas competitors, Alibaba Cloud's advantage lies in its local compliance, especially its highest compliance certification in Saudi Arabia, followed by its products and competitiveness. In addition, Alibaba Cloud has also invested a lot in services and ecology.
Strategy guide 12-13
Strategy guide
12-13