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.CITIC Jiantou interprets the Politburo meeting in December: it opens up the market's expectation of monetary easing space in 2025. CITIC Jiantou Research Report pointed out that there are six obvious expressions of the positive signal of the Politburo meeting in December: 1. "Implementing a more active and promising macro policy"; 2. "Stabilize the property market and stock market"; 3. "Strengthening unconventional counter-cyclical adjustment"; 4. "We should vigorously boost consumption"; 5. "More active fiscal policy"; 6. "moderately loose monetary policy". The most concerned is the last expression, "moderately loose monetary policy". For most of the time, the Politburo used the word "steady" to describe the currency. This time, it adopted the rare "moderate easing", which opened the market's expectation for the monetary easing space in 2025. The "liquidity trap" recently discussed in the market does not apply to China, and monetary easing can solve a considerable part of the problem of weak domestic demand. From the perspective of trend, observing the future domestic demand trend of China, what needs to be tracked most is the currency. From the short-term emotional point of view, "stabilizing the property market and stock market" will become a short-term market trading point.Xinhua Pharmaceutical Co., Ltd.: It plans to acquire no more than 75% equity of Noah Shengnuo. Xinhua Pharmaceutical announced that the company signed an Intention Agreement on Equity Acquisition with NovoSanaB.V on December 9, 2024, and plans to acquire no more than 75% equity of Noah Shengnuo in cash, and will become its controlling shareholder after the acquisition. The specific acquisition plan and transaction price will be determined according to the results of due diligence, audit and evaluation.
Ministry of Health of Gaza: Since October 7, 2023, 44,758 Palestinians have been killed and 106,134 injured in Israeli military attacks on the Gaza.IDF: Unit 210 continued its defensive activities, and the first paratroopers entered Syria.Ningbo Energy: The subsidiary plans to acquire 100% equity of 22 related companies for 175 million yuan. Ningbo Energy announced that Langchen New Energy, a wholly-owned subsidiary of the company, plans to acquire 100% equity of 22 target companies directly or indirectly wholly-owned by Kunneng Group, a related party of the company, with an equity consideration of 175 million yuan. After deducting the undistributed profit of 46,656,600 yuan on the evaluation benchmark date, the actual equity payment amount is 128 million yuan. After the acquisition, Langchen New Energy plans to provide the target company with a loan of 243 million yuan to repay the loan of Kunneng Group and its related parties and pay dividend payable. At the same time, Xiang Lang Chenxin Energy Company increased its capital by 150 million yuan. This transaction constitutes a connected transaction and needs to be submitted to the company's shareholders' meeting for consideration. In the past 12 months, the company has not traded with Kunneng Group.
Puli Pharmaceutical Co., Ltd.: The company is under investigation by the China Securities Regulatory Commission, and there is a risk of being forced to withdraw from the market due to major violations of laws and regulations. Puli Pharmaceutical announced that the company received the Notice of Filing from the China Securities Regulatory Commission on July 7, 2024 for being suspected of violating laws and regulations in information disclosure. At present, the investigation by China Securities Regulatory Commission is still in progress, and the company has not received any conclusive opinions or decisions on the above-mentioned investigation. If the facts identified by the China Securities Regulatory Commission's administrative punishment are followed up, and the company touches the situation of forced delisting due to major violations of laws stipulated in the Listing Rules of Growth Enterprise Market of Shenzhen Stock Exchange, the company's shares are at risk of being forced to be delisted due to major violations of laws.Special service: shareholders plan to reduce their holdings by no more than 2% in total. Special service announced on the evening of December 9 that Ya 'an Yinkun Enterprise Management Co., Ltd., a shareholder holding 10.75%, plans to reduce its holdings by centralized bidding to no more than 1.69 million shares, that is, no more than 1% of the company's total share capital. Longxin Construction Group Co., Ltd., the shareholder holding 6.69% of the shares, plans to reduce its holdings by a total of no more than 1.69 million shares by centralized bidding or block trading, that is, no more than 1% of the company's total share capital.According to the report, the sales of China's household appliances industry will maintain a low growth rate in 2025. S&P Credit Rating (China) Co., Ltd. (S&P Credit Rating) released a report on the 9th, saying that the sales of China's household appliances industry will maintain a low growth rate in 2025, thanks to the continuous growth of exports and the promotion of the "trade-in" policy for domestic sales. According to the report, in 2025, China's home appliance exports will maintain a relatively high growth rate, and the external environment will have a relatively controllable impact on China's home appliance exports. Specifically, emerging market countries, mainly in the Middle East, Southeast Asia and Africa, have a large demand space for China's household appliances, and the penetration rate of household appliances will continue to increase. In 2025, China head home appliance enterprises will further seize the global share and drive home appliance exports to maintain a high growth rate, relying on the advantages of supply chain and the continuous improvement of brand influence.