Zhongtai Futures: Wu Xiuwei has been appointed as the joint company secretary, Zhongtai Futures (01461) announced that Wei Weifeng resigned as the joint company secretary of the company and the company's agent (legal process agent) for receiving legal process documents and notices in China and Hong Kong according to Part 16 of the Companies Ordinance, Chapter 622 of the Laws of Hong Kong, with effect from December 10, 2024. Wu Xiuwei has been appointed as the joint company secretary and legal representative, with effect from December 10, 2024.Jingxing Paper: The second phase of Malay project is expected to start in the first quarter of 2025. Jingxing Paper said in an institutional survey on December 9 that the capacity utilization rate of the company's packaging paper is relatively high, except for necessary maintenance and downtime, it is basically in the state of full-load operation, and the annual output this year is about 1.5 million tons. On the issue of the company's capital expenditure plan in the later period, Jingxing Paper said that the company's largest capital expenditure plan at present is the Malay Phase II project, which is expected to be officially launched in the first quarter of next year, with an estimated construction period of two years.
Kaitou Macro: The fall of Assad is unlikely to have a major impact on the energy market. Jason Tuvey, an analyst at Kaitou Macro, said that the fall of former Syrian President Assad is not expected to have a major impact on the energy market. The economist said that even at the peak of about 600,000 barrels per day in the early 21st century, Syria's oil production only accounted for a small part of the global oil supply, and since the beginning of the civil war in 2011, Syria's oil production has declined. At present, the country's oil production is less than 100,000 barrels per day, and most of the country's oil infrastructure has been destroyed. In a report to clients, Tuvey said: "Even if the political situation stabilizes, it will take years or even decades to rebuild, and its economy may never return to the pre-war scale. The situation in the energy market is similar. "EU leaders called on Germany to lift the borrowing ceiling to protect the economy.
India appointed Sanjay Malhotra as the governor of the Bank of India. On December 9th, the Indian government appointed Sanjay Malhotra as the new governor of the Reserve Bank of India (the Bank of India) for a term of three years. Shakti Kanta Das's term of office will end this month.German Finance Minister: We should discuss the specific ideas of European defense. We want specific ideas, not Eurobonds.Caitong Securities: It is expected that the main objectives and tasks of economic and social development will be successfully completed throughout the year. the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9 to analyze and study the economic work in 2025. According to Chen Xing, the macro chief analyst of Caitong Securities, from the current situation, the economic operation has been generally stable this year, and the key areas of risks have also been resolved in an orderly and effective manner. The meeting has confidence in this year's economic performance, and it is expected that the main objectives and tasks of economic and social development will be successfully completed throughout the year. From the perspective of future deployment, first, the positive attitude is unprecedented. The meeting mentioned that the policy will be more active and promising, and on the basis of counter-cyclical adjustment, it emphasized that the intensity should be "extraordinary" to offset "external shocks". We will implement a more proactive fiscal policy and a moderately loose monetary policy. Second, pay more attention to the actual effect of policies, not only to strengthen the forward-looking, targeted and effective regulation at the macro level, but also to promote the effectiveness of landmark reform measures in specific measures. Third, pay more attention to systematicness, emphasize "system integration and coordination", improve the toolbox, lay a good policy "combination boxing" and stabilize expectations.
Strategy guide 12-13
Strategy guide