<p>Good morning! A beautiful day starts with making money.</p>
<h3>Important Events and Data Forecast for This Week: China-US Inflation Data, Global Central Bank Super Week</h3>
<p>Monday: China's November CPI year-on-year, China's November M2 money supply year-on-year. Premier Li Qiang holds a &#34;1+10&#34; dialogue with heads of major international economic organizations; Eurozone finance ministers meeting. Earnings reports: US stocks Oracle (ORCL.N), C3.ai (AI.N).</p>
<p>Tuesday: China's November trade balance; US November New York Fed 1-year inflation expectations, November NFIB small business confidence index. The Reserve Bank of Australia announces interest rate decision. Earnings reports: US stocks GameStop (GME.N).</p>
<p>Wednesday: US November unadjusted CPI year-on-year, unadjusted core CPI year-on-year, etc. The Bank of Canada announces interest rate decision; South Korea's largest opposition party plans to initiate impeachment proceedings against President Yoon Suk-yeol again. Earnings reports: US stocks Adobe (ADBE.O), etc.</p>
<p>Thursday: US initial jobless claims for the week ending December 7, November PPI year-on-year. The Swiss National Bank announces interest rate decision; the European Central Bank announces interest rate decision, President Lagarde holds a monetary policy press conference. Earnings reports: US stocks Broadcom (AVGO.O), etc.</p>
<p>Friday: The Federal Reserve announces account fund flows for the third quarter of 2024.</p>
<p>Last week, the Dow fell 0.6%, the S&amp;P 500 rose 0.96%, the Nasdaq rose 3.34%, and all three major Hong Kong stock indices rose over 2%. The S&amp;P 500 and Nasdaq set new closing highs last Friday.</p>
<h3>Trump: No Plans to Replace Federal Reserve Chairman Powell</h3>
<p>He also stated that tariffs will be imposed on major trading partners, uncertain if American families will pay more; will not commit to the US staying in NATO unless Europe pays their bills.</p>
<h3>Final Agreement Text of the US Fiscal Year 2025 National Defense Authorization Act Released, Biosecurity Bill Not Included</h3>
<p>According to the process, the latest version of the US Fiscal Year 2025 National Defense Authorization Act (NDAA) must be signed by the US President to take effect. Last Friday, WuXi AppTec and WuXi Biologics saw their Hong Kong stock prices rise by 9.20% and 5.47%, respectively.</p>
<h3>China's Central Economic Work Conference Expected to Be Held This Month</h3>
<p>The Central Economic Work Conference for 2024 is expected to be held in mid-December, where the current economic situation will be analyzed, and the economic work goals for 2025 will be set. International investment banks generally expect China to continue to see a 30-40 basis point reduction in reserve requirement ratio and interest rates in 2025. CITIC Securities focuses on two points: first, how the government utilizes existing policy tools to balance domestic and external demand. Second, how long-term reforms (such as central-local fiscal relations, financial risk control) effectively connect with short-term growth.</p>
<h3>Hong Hao: A-share Market Performance Next Year May Be Better Than This Year, Hong Kong Stocks May Continue to Show Volatility</h3>
<p>Hong Hao, chief economist of the Sire Group, stated that in 2025, Hong Kong stocks may continue to show a volatile pattern until overseas factors and domestic policy impacts weaken, leading to a better allocation timing.</p>
<h3>Gurman: Sony Plans to Provide VR Controllers for Apple's Headset</h3>
<p>According to tech journalist Mark Gurman, the partnership between Apple and Sony has been developing for several months, and Sony's VR controllers will be launched as optional accessories for Vision Pro users</p>
<h3>Industry Insider: Apple's Second Generation 5G Baseband Chip to Debut in 2026</h3>
<p>The chip will first be featured in the iPhone 18 Pro series, and the 2027 iPad Pro will also use this baseband chip. The download speed of Apple's second generation 5G baseband chip will reach 6Gbps and will support 5G millimeter wave.</p>
<h3>Jack Ma Appears at the 20th Anniversary Event of Alipay and Ant Group</h3>
<p>Han Xinyi will take over as CEO of Ant Group in March next year, while Jing Xiandong will focus on his role as chairman.</p>
<h3>Market News: The U.S. Approves Export of Advanced AI Chips to UAE's G42</h3>
<h3>Trump: Will Not Commit to Keeping the U.S. in NATO Unless Europe Pays Their Bills</h3>
<p>According to NBC, Trump stated in an interview that he is actively working to end the Russia-Ukraine conflict, and if he is re-elected, Ukraine &#34;might&#34; not expect to receive as much military aid from the U.S. Additionally, he mentioned that his goal is to expel all illegal immigrants from the U.S. and plans to terminate birthright citizenship in the U.S.</p>
<h3>Syrian Opposition Occupies Capital Damascus, Overthrows Assad Regime</h3>
<p>On the 8th local time, Israeli ground forces publicly entered Syria for the first time since the Fourth Middle East War. Kremlin sources reported that Assad and his family have arrived in Moscow</p>

AVGO

AAPL

<p>Trump stated that there are no plans to replace Federal Reserve Chairman Powell. The final agreement on the U.S. Fiscal Year 2025 National Defense Authorization Act did not include the Biosecurity Act. The Assad regime in Syria has collapsed, and Israeli ground forces have publicly entered Syria for the first time since the outbreak of war. Han Xinyi will take over as CEO of Ant Group in March next year, while Jing Xiandong will focus on his role as chairman. Hong Hao stated that Hong Kong stocks may continue to show a volatile pattern next year. Sources say that Sony plans to provide VR controllers for Apple's headset</p>

- This week features significant economic events, including inflation data from China and the U.S., and a dialogue between China's Premier Li Qiang and global economic leaders.  
- Key financial reports will be released, including those from Oracle, C3.ai, and GameStop, alongside central bank meetings in Australia, Canada, and Europe.  
- Market analysts predict that Hong Kong stocks may continue to fluctuate until external and domestic influences stabilize, while Trump expresses skepticism about NATO commitments unless Europe pays its dues.

LB Select

Broadcom

GameStop

Apple

Tongxing

Sony

Trump Media & Tech - CW28

WUXI APPTEC

BABA-W

Suochen

Oracle

Trump Media & Tech

RIFENG

ASML

Phunware

ANT GROUP

WUXI BIO

YIWU CCC

Skychem Technology

Breakfast | This week, China and the United States will release significant CPI data, and GME, Broadcom, and others will announce their earnings