Broadcom's adjusted net revenue in the fourth quarter was $14.05 billion, with an expected $14.08 billion. Broadcom's adjusted net revenue in the fourth quarter was $14.05 billion, with an expected $14.08 billion. The adjusted earnings per share in the fourth quarter was $1.42, and it was expected to be $1.39; Revenue in the first quarter is expected to be about $14.6 billion, and analysts expect it to be $14.61 billion.The "construction drawing" of capital market reform in 2025 is clear, "expanding patient capital", "attracting social capital to participate in venture capital more vigorously", "deepening comprehensive reform of capital market investment and financing" and "expanding high-level opening up" ... The Central Economic Work Conference was held in Beijing from December 11 to 12, and the economic work in 2025 was deployed. Many formulations and requirements are closely related to the capital market reform, development and stability in 2025. Experts said that in 2025, the capital market reform will continue to be comprehensively promoted, and it will become the focus to expand patient capital, deepen comprehensive reform of investment and financing, and expand high-level opening up. The "construction drawing" of the capital market reform has become clearer, and it is necessary to do a good job in the future to achieve results and further consolidate the "stable" foundation of the market. (CSI)The dual platform of transaction detection has landed in Henan to cultivate the diamond industry to a higher level. Recently, the Zhengzhou International Trading Center for Cultivating Diamonds (to be established) and the Henan Laboratory of Jewelry National Inspection Group, which are jointly established by China Jewelry and Jade Jewelry Industry Association and Jewelry National Inspection Group, were officially unveiled in Zhengzhou Airport Area, marking a key step in cultivating the industrial layout of diamonds in Henan Province, which is of great significance for promoting regional economic development and industrial upgrading. "With unified and authoritative product standards, the market can establish a sound pricing mechanism and further promote the extension of the industrial chain." During the interview, people in the industry told the reporter of Company E that this time, the Jewelry National Inspection Group landed in Henan, which will further provide inspection services close to the place of origin, reduce the cost of cultivating diamonds and establish professional evaluation standards. At the same time, the trading center will also set up a platform to cultivate the diamond price trading index, standardize the market pricing system, and stabilize prices and market supply and demand. In the future, Zhengzhou Airport Port Area will also rely on the trading center to build and cultivate the downstream industrial chain layout of diamond processing, design and inlay in the area, and base on the advantages of the airport to maximize the value of the industrial chain.
Bezos' Amazon plans to donate $1 million to Trump's inauguration ceremony.Economic Daily: Strengthening unconventional countercyclical adjustment, the article said, "Experts believe that unconventional countercyclical adjustment pays attention to forward-looking and is ahead of expectations, which is conducive to stabilizing expectations and stabilizing total demand, thus consolidating the foundation for economic recovery. Unconventional countercyclical adjustment, fiscal policy will further exert its strength, which may be reflected in: actively using the deficit space that can be improved, increasing the scale of special bonds, and continuing to issue ultra-long-term special government bonds. On the one hand, the scale may exceed expectations, on the other hand, the pace will be faster, and the economy will be stabilized and rebounded. The formulation of monetary policy is changed from "steady" to "moderately loose", which is intended to convey a positive and promising policy tendency more clearly and better stabilize the expectations of business entities.Economic Daily commentator's article: Keep prices at a reasonable level. The Economic Daily issued a document saying that it is foreseeable that the implementation of macro-policies will create a better monetary and financial environment for economic growth and price stability, and also help to accelerate the formation of a virtuous circle of mutual promotion of consumption and investment, and promote a higher level of dynamic balance between supply and demand. Price is the "thermometer" of macroeconomic operation, the "wind vane" of market allocation of resources, and the "baton" of micro-management. Too high or too low is not conducive to economic and social development. In the short term, the decline in price level will help reduce the burden on consumers. However, if the price level continues to run at a low level, enterprises will "increase their income without increasing their profits", and the "involution" competition will intensify, and the motivation for expanding investment will weaken, which will further reduce employment opportunities and slow down the growth of wage income. Too low a price level will also raise the real interest rate, which may inhibit economic activities.
The yield of long-term US Treasury bonds rose by at least 7 basis points. Yellen auctioned 30-year US Treasury bonds at noon in new york, and the demand was weak. At the end of new york on Thursday (December 12), the yield of US 10-year benchmark Treasury bonds rose by 6.26 basis points, rising for the fourth consecutive trading day, reaching 4.3337% on the refresh day, approaching 4.3668% at the top of November 25, at 08:08 Beijing time (at the beginning of the Asia-Pacific session, Most of the day was on the rise, and there was a V-shaped reversal after the European Central Bank announced the interest rate cut at 21:15, after the US PPI data was released, and after the US stock market opened.Economic Daily commentator's article: Keep prices at a reasonable level. The Economic Daily issued a document saying that it is foreseeable that the implementation of macro-policies will create a better monetary and financial environment for economic growth and price stability, and also help to accelerate the formation of a virtuous circle of mutual promotion of consumption and investment, and promote a higher level of dynamic balance between supply and demand. Price is the "thermometer" of macroeconomic operation, the "wind vane" of market allocation of resources, and the "baton" of micro-management. Too high or too low is not conducive to economic and social development. In the short term, the decline in price level will help reduce the burden on consumers. However, if the price level continues to run at a low level, enterprises will "increase their income without increasing their profits", and the "involution" competition will intensify, and the motivation for expanding investment will weaken, which will further reduce employment opportunities and slow down the growth of wage income. Too low a price level will also raise the real interest rate, which may inhibit economic activities.The production and transportation capacity is continuously released. The coal supply is guaranteed this winter and next spring. In winter, the heating energy can be greatly improved. As a stabilizer of China's energy supply, coal production, storage and transportation have attracted much attention. At the 2025 National Coal Fair held recently, more than 30 enterprises signed medium-and long-term contracts for coal. Most of the medium-and long-term contracts signed this time are independently connected by the supply and demand sides, and the transaction has a high degree of marketization, which is conducive to the performance of enterprises according to the actual contract volume, and has laid a "reassuring" for coal supply this winter and next spring. The reporter learned from the China Coal Industry Association that in the first 10 months of this year, the national raw coal output above designated size was 3.89 billion tons, up 1.2% year-on-year, and the output reached the highest level in the same period in history. In terms of imports, in the first three quarters, China imported 389 million tons of coal, up 11.9% year-on-year. At the same time, coal storage is also full of confidence. According to the data, at present, the coal storage capacity of power plants nationwide is more than 200 million tons, and the average available days are more than 30 days. (Economic Daily)
Strategy guide
12-13
Strategy guide 12-13