The week of December 25-31 will have a lot to watch: in terms of blockbuster events, Bank of Japan Governor Kazuo Ueda will deliver a speech on Monday, Huawei will hold the M9 and winter all-scenario press conference on Tuesday, and the Skit Globalization Summit will be held in Beijing on Wednesday. In terms of blockbuster data, China will release the manufacturing PMI for December and the annual profit rate of industrial enterprises above designated size in November next Sunday, and the United States will release the existing home sales index and a number of crude oil inventory data for November. Overseas markets have entered holiday mode this week, with U.S. stocks closing for one day on the 25th, and the Hong Kong Stock Exchange closing on the 25th and 26th.
China's manufacturing PMI for December manufacturing PMI data will be released on Sunday, and the market is expected to recover slightly to 49.9, still below the boom and bust line. The previously announced November manufacturing PMI fell super-seasonally, down 0.1 percentage points month-on-month, worse than market expectations; China Post Securities believes that the manufacturing PMI fell slightly in November, the service industry fell below the boom line, and a number of indicators were not strong month-on-month seasonal, showing that the demand for policies for steady economic growth is still strong. From the perspective of sub-indicators, the marginal improvement of price factors in November, exports showed signs of weakening, the business situation of enterprises improved, and inventories were expected to decline. The construction industry is booming, and it may become one of the important driving forces for economic recovery in the short term. On the whole, the foundation for the current economic recovery still needs to be consolidated, and the policy of stabilizing growth will remain relatively strong, continuing the judgment of slow improvement.
The M9 and Huawei All-Scenario ConferenceHuawei will hold the M9 and Huawei Winter All-Scenario Conference on December 26. According to Yiche news, this conference will mainly introduce the functions and performance of the M9, including processor, high-definition display, sound effects, megapixel headlights, AI Pangu large model and practical applications in various scenarios.
It is reported that the M9 adopts a three-row seat layout, the interior is equipped with a triple screen, and the overall seat is a simple white design.
According to some media, it is expected that the price of the M9 will be in the range of 50-600,000 yuan. Huawei's terminal Weibo also shows that the nova12 series will also be officially released through this press conference.
Xiaomi Auto News Previously, Xiaomi opened the "Xiaomi Annual Science and Technology Feast" activity in the official community to recruit a total of 1,000 people, and the activity time was from December 24th to December 29th. According to Xiaohongshu blogger "Video Game Technology" recently revealed, the release time of Xiaomi Auto SU7 has been set for December 28. It said that at present, Xiaomi has "finalized" the Xiaomi car debut conference in Beijing on the 28th, which will mainly describe the new car's appearance, interior design, performance control, intelligent cockpit and intelligent driving, etc., and the pre-sale price of the new car will also be announced. At the same time, Lei Jun has checked the PPT used on site many times and will give a speech in person. However, Xiaomi officially denied this statement in its response:
The time has not yet been decided, and I am indeed considering this point in time, and everything else is fake.
The U.S. housing market will release the November Existing Home Sales Index and the S&P 20 City Home Price Index this week. The market expects that both data will rebound first, and the property market will show signs of recovery. Data released by the U.S. Census Bureau last week showed single-family housing starts reached 1.145 million units in November, a 19-month high. This is an increase of 18% from October and an increase of 9.3% from the same period last year. The acceleration in the supply of new homes is expected to meet the demand of more homebuyers. At the same time, mortgage rates began to fall. In December, interest rates on 30-year fixed-rate mortgages fell below 7% for the first time since August, according to Freddie Mac data. Bill Adams, chief economist at Comerica Bank, told the media that the growth of the construction sector bodes well for the economy in 2024:
"The pullback in long-term interest rates will help growth in single-family and multi-family housing construction next year, thereby boosting overall economic growth and reducing the likelihood of a recession. ”
Other Important Figures, Meetings and EventsThe Fourth Lancang-Mekong Cooperation Leaders' MeetingOn December 25, the Fourth Lancang-Mekong Cooperation Leaders' Meeting will be held via video link, with the participation of China, Cambodia, Laos, Myanmar, Thailand, Vietnam and other Mekong countries. Chinese Foreign Ministry spokesperson Wang Wenbin said earlier that China looks forward to promoting the building of a community with a shared future for the Lancang-Mekong countries as the main line through this summit, focusing on strengthening cooperation in the fields of integrated development, green environmental protection, scientific and technological innovation, security governance and people-to-people exchanges, and in-depth discussions on promoting the construction of the Lancang-Mekong Economic Development Belt, so as to make positive contributions to the common development of regional countries and joint efforts towards modernization. Short Drama Globalization SummitOn December 27, the first China Short Drama Globalization Summit will kick off in Beijing. The summit is hosted by Maichi Technology, and will invite many well-known enterprises such as Chinese Online, iQiyi, Bilibili, Jiuzhou Short Drama, Shanghai Jiashu, Capacity Short Drama, Mango TV, Palm Cloud Drama, Qingrong Short Drama, Beijing Dianzhong, Huafang Group, Palm Reading Technology and many other well-known enterprises to participate.
The new reminder is that Jiezhong Technology will open the subscription on Tuesday, and Bolong Technology will open the subscription on Friday. 2024 Experiences A must-have New Year's gift in the financial circle
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