Return to the original intention of "making money for customers"! Cheng Fei, vice president of Guosen Securities, recently made a speech. Recently, the "2024 China Financial Institutions Annual Summit and 2024 China Securities Industry Asset Management Summit Forum" hosted by Securities Times was held in Shenzhen. Cheng Fei, vice president of Guosen Securities and chairman of Guosen Asset Management, delivered a speech at the forum with the theme of "Sticking to the initial heart, winning the favor-colluding with the trend and future of brokerage asset management". Cheng Fei believes that overseas mature asset management institutions are blooming, and domestic asset management institutions are not the only way to go in the future. China's asset management market is large enough, and I believe that all kinds of asset management institutions can stand out as long as they walk out of their own characteristic routes. He said that the asset management of securities firms should return to their original intentions, take "absolute income" as the goal, and return their development ideas to "making money for customers". Applying for a Public Offering of Fund license is not the only antidote. Chengfei hopes that in the future, the peers can abandon the ineffective scale comparison and jointly promote the ecological and healthy development of the brokerage asset management industry with more refined customer service. (Securities Society)Ningbo Jingda: At present, the company's daily business activities are all normal. Ningbo Jingda announced the abnormal fluctuation of stock trading. After the company's self-inspection, the company's daily business activities are all normal, and there has been no major adjustment in the market environment and industry policies.The application of AI continues to deepen and the prosperity of the sector continues to improve. Recently, a number of artificial intelligence companies have intensively released their latest products, and the related concept sectors in the A-share market are active. Analysts believe that overseas AI applications are growing strongly, and the growth potential of domestic AI applications is expected to explode. On the one hand, the performance of the core AI application companies in US stocks has grown rapidly, further strengthening the AI narrative logic; On the other hand, domestic AI application scenarios are more extensive and have achieved good application results in many fields such as education and office. It is suggested to focus on the growth and liquidity of domestic AI applications.
Dutch International: It is a foregone conclusion that the European Central Bank will cut interest rates by 25bp, and the euro should face another decline. Frantisek Taborsky, an international analyst in the Netherlands, said in a report that the euro may face a new round of decline after a short respite due to position adjustment in recent days. "However, to see more actions here, we must wait until the meeting of the European Central Bank on Thursday, when it should show the next direction." At the meeting of the European Central Bank, it seems a foregone conclusion to cut interest rates by 25 basis points. However, Taborsky said that the press conference may lead to discussions on further interest rate cuts later, which may put pressure on the euro.Xintian Green Energy: In November, the power generation was 1,335,500 MWh according to the consolidated statement, down by 18.44% year-on-year. According to the company's preliminary statistics, in November 2024, the Company and its subsidiaries completed the power generation of 1,335,500 MWh according to the consolidated statement, down by 18.44% year-on-year. By November 30, 2024, the cumulative power generation was 12.3745 million MWh, a year-on-year decrease of 3.34%.Blue Arrow Electronics: Shareholder Neighbourhood Innovation plans to reduce 1.04% of the company's shares. Blue Arrow Electronics announced that the shareholder Neighbourhood Innovation plans to reduce the company's shares by block trading within three months after 15 trading days from the date of announcement, accounting for 1.04% of the company's total share capital. Neighboring Innovation currently holds 6,082,900 shares of the company, accounting for 3.04% of the company's total share capital. The reason for the reduction is that the fund has withdrawn from demand due to maturity. The reduction price will be determined according to the market price and transaction situation, and not lower than the issue price of the company's initial public offering.
Fosun Tourism Culture: It plans to buy back the company's shares and revoke its listing status on the Hong Kong Stock Exchange. Fosun Tourism Culture Group announced on December 10, and on December 9, the board of directors decided to propose to buy back the company's shares by agreement in accordance with Article 86 of the Company Law, and submitted the proposal to the planned shareholders.The results of the general survey of agricultural germplasm resources to rescue endangered resources exceeded expectations. Germplasm resources are strategic resources to ensure the stable and safe supply of grain and important agricultural products. Since 2021, China has started the national general survey of agricultural germplasm resources with the largest scale, the widest coverage and the largest number of participants since the founding of New China. The Ministry of Agriculture and Rural Affairs announced today that over the past three years, the general survey has found out the variety, quantity and characteristics of germplasm resources, and newly collected a large number of agricultural germplasm resources for rescue protection. During the census, there were 1.5 million census takers in China, with a cumulative journey of more than 63 million kilometers. The census covered 31 provinces and Xinjiang Production and Construction Corps. The crop census includes 332 agricultural counties that were not involved in the previous two times, filling the gaps in special ecological areas such as drought and plateau, borders and ethnic minority areas. Under the initiative of both inspection and insurance, the census results exceeded expectations.International Air Transport Association (IATA): It is estimated that the global air passenger traffic will exceed 5 billion next year, and the total revenue of the aviation industry will exceed 1 trillion US dollars for the first time. On December 10th, the International Air Transport Association (IATA) released the financial outlook for the global aviation industry in 2025, and it is estimated that the global air passenger traffic will reach 5.2 billion passengers in 2025, an increase of 6.7% over 2024, and it will exceed the 5 billion mark for the first time. In 2025, the net profit of the global aviation industry will reach 36.6 billion US dollars, an increase of nearly 16% compared with 2024, and the profit rate will be 3.6%, higher than 3.3% in 2024. IATA also predicts that the total revenue of the global aviation industry will exceed $1 trillion for the first time in 2025. According to the International Air Transport Association, North America will remain the largest profit contributor to the global aviation industry in 2024, although the profit rate is lower than the pre-epidemic level, especially for low-cost airlines, due to the slowdown in aircraft delivery and rising costs. Thanks to the strong demand for high-end long-distance travel, the financial performance in the Middle East is the strongest, and it is also the only region where the passenger yield has increased.
Strategy guide 12-13
Strategy guide