Morgan Stanley published a research report, predicting that Chow Tai Fook's share price will outperform the market index in the same period in the next 30 days with a 70% to 80% chance, pointing out that Politburo meeting of the Chinese Communist Party revealed a strong stimulus policy tone yesterday, indicating that it is necessary to expand domestic demand, and called for supporting measures for housing and stock market stability, hoping for stable asset prices, which will have a positive impact on gold and jewelry consumption. The bank also pointed out that December of each year to February of the following year is usually the traditional peak season for jewelry sales, and Chow Tai Fook's share price has fallen by about 40% this year, which is inferior to the performance of MSCI China Index and Hang Seng Index in the same period. It is expected that the strength and implementation details of the central government's stimulus measures, the pace of inflation and the stability of gold prices in the future will affect whether the company's valuation can be revalued in the market and maintain its "in sync with the market" rating, with a target price of HK$ 8.3.Sichuan Luqiao established a new building materials company, and the enterprise search APP showed that recently, Sichuan Jiaojian Building Materials Co., Ltd. was established, with Qu Hong as the legal representative and a registered capital of 5 million yuan. Its business scope includes: sales of building materials; Non-metallic minerals and products sales; Manufacturing of nonmetallic mineral products; Metal ore sales, etc. Enterprise survey shows that the company is indirectly wholly-owned by Sichuan Luqiao.Treasury futures closed in early trading, with 2-year Treasury futures (TS) up 0.14%, 5-year Treasury futures (TF) up 0.42%, 10-year Treasury futures (T) up 0.64% and 30-year Treasury futures (TL) up 1.23%.
Israel once again launched an attack on Damascus and its surrounding areas in Syria. On the 10th local time, it was learned from the Syrian media that Israel once again launched an attack on Damascus, the capital of Syria, and its surrounding areas. At present, the Israeli side has no response to this. (CCTV)Reserve Bank of Australia: You can't say when you have confidence in inflation. Reserve Bank of Australia President Brock said that you can't say when you have confidence in inflation, but the Committee has noticed weak data. Our forecast does show that inflation will slow down. If this happens, there will be a moment when we will be confident enough that inflation will return to the target range and start to relax interest rates. We will observe the upcoming data before the meeting in February next year and evaluate what these data mean for inflation and whether we can achieve our forecast.Dotinolole, a new drug used by Weicai to treat gout, was approved for marketing in China. On December 10th, Weicai China announced that its new urate reuptake inhibitor Dotinolole tablets (trade name: Youlesi) had been approved by National Medical Products Administration (NMPA) in China, and its indication was gout with hyperuricemia.
Australia's S&P/ASX 200 index closed at 8399.40 points, down 0.28%.Reserve Bank of Australia: The issue of interest rate cuts was not explicitly discussed. Reserve Bank of Australia President Brock said that interest rate cuts were not explicitly considered, and interest rate hikes were not discussed. Considering whether the current policy stance is appropriate. The Committee believes that the economic situation is basically in line with the forecast.The Syrian opposition said it would hunt down and punish "those who committed crimes against the Syrian people". Syrian opposition leader Giulani announced on the morning of 10th local time that it would hunt down and punish "those who committed crimes against the Syrian people". Giulani said in a statement that he would "resolutely liquidate the criminals, murderers, military and security officials involved in torturing the Syrian people" and "pursue war criminals and pursue them to the countries where they fled until they are justly punished". The statement also said that the first "list of ringleaders who tortured the Syrian people" will be released soon, and those who provide information about senior military and security officials involved in the crime will be rewarded. (CCTV News)