Spot gold broke through the $2,670.00/oz mark, and the latest price was $2,670.07/oz, up 1.41% in the day; COMEX gold futures main force recently reported $2,693.30 per ounce, up 1.27% in the day.Interpretation of Guangfa Strategy December Politburo Meeting: The change of policy tone "not seen for several years" is more direct to the determination to support the stability of the equity market and the real estate market. Guangfa Strategy Review December Politburo Meeting said that although the draft of the meeting did not involve specific economic target figures, the change of policy tone was "not seen for several years": (1) "Strengthening unconventional countercyclical adjustment" appeared for the first time in the draft of the conference, and we understand that this may well mean that the official target of deficit ratio will be unconventional. (2) "Moderately loose monetary policy" has reappeared since July 2010, and it has been "steady" during the period. Even in the 14-15 monetary easing cycle, there was no adjustment of this wording, which paved the way for the expectation of monetary easing in 25 years; (3) The "more active fiscal policy" has reappeared since July 2020. Under the special background of the 20-year epidemic, the official target of deficit ratio in that year was set at 3.6%, which was the highest since 2010. The change of tone after four years also indicates that the deficit space in 25 years is expected to be further opened. Specific to economic work, the first priority is to "expand domestic demand", and the expression of "stabilize the property market and stock market" is more straightforward: the importance of expanding domestic demand is unquestionable, which alleviates the concern of "whether to only resolve risks and lack demand stimulation" in the early stage of the market; In September, the Politburo meeting stated that the stock market should strive to boost the capital market and the property market should "promote the real estate market to stop falling and stabilize". This meeting was more direct in its determination to support the stability of the equity market and the real estate market.Ukraine's national natural gas transportation company said that on December 10th, Russia nominated 42.34 million cubic meters of natural gas at Sudan border crossing, compared with 42.31 million cubic meters on December 9th.
The main force of China INE crude oil futures just broke through the 530.0 yuan/barrel mark, and the latest price was 530.1 yuan/barrel, up 1.69% in the day.Igor: It is planned to raise 300-500 million yuan from the controlling shareholder. Igor announced on the evening of December 9 that it plans to raise 300-500 million yuan from the controlling shareholder McGonagall. After deducting the relevant issuance expenses, all the net funds raised will be used to supplement the working capital.Igor: It is planned to raise 300-500 million yuan from the controlling shareholder. Igor announced on the evening of December 9 that it plans to raise 300-500 million yuan from the controlling shareholder McGonagall. After deducting the relevant issuance expenses, all the net funds raised will be used to supplement the working capital.
Turkish Foreign Minister: Turkey will continue to help Syrian refugees return to their homes "safely and voluntarily". Turkish Foreign Minister Feidan said on the 9th that Turkey will continue to make efforts to help Syrian refugees it receives return to their homes "safely and voluntarily". On the same day, Feidan said at the meeting of Turkish diplomatic envoys abroad that Turkey is willing to provide support for Syria's reconstruction. "We have always advocated ensuring peace and stability in Syria through international consensus." Feidan stressed that the extremist organization "Islamic State" and the terrorist organization PKK must not benefit from the turmoil in Syria.Valin Steel: It plans to sell 100% equity of Valin E-commerce for 480 million yuan. Valin Steel announced that it plans to sell 100% equity of Hunan Valin E-commerce Co., Ltd., a wholly-owned subsidiary, to the controlling shareholder Hunan Iron and Steel Group Co., Ltd. at a transaction price of 480 million yuan. Valin e-commerce is mainly engaged in commodity trading business. On October 31, 2024, the audited net assets were 442 million yuan, and the estimated value-added rate was 8.60%. This transaction will help the company to focus on its core business, optimize resource allocation and improve asset quality and profitability. After the completion of this transaction, Valin E-commerce will become a new related party of the company, and it is expected that the daily related transactions between the company and Hunan Iron and Steel Group will increase every year.The CFPB of the United States ordered the supervision of Alphabet to file a lawsuit to fight back. The Consumer Financial Protection Agency (CFPB) announced that it ordered the federal supervision of Google Payment under Alphabet and determined that the services provided by Google Payment posed risks to consumers. Google Payment has filed a lawsuit against the authorities' decision.