--- title: "The Central Political Bureau of the Communist Party of China held a meeting, what are the key pieces of information? NetEase's \"Yan Yun Sixteen Sounds\" public beta is scheduled" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/25943910.md" description: "1209 [Today's Important News Review｜Dolphin Investment Research] Dolphin focuses on: 🐬 Macro/Industry 1. The Central Political Bureau held a meeting to analyze and study the economic work for 2025, proposing to "implement more proactive and effective macro policies, expand domestic demand, promote the integrated development of technological innovation and industrial innovation, and stabilize the real estate and stock markets." Notably, the expression regarding fiscal and monetary policy has been adjusted from "proactive and stable" to "implement more proactive fiscal policies and moderately loose monetary policies." Stimulated by positive news, Hong Kong stocks surged significantly in the late trading session. 2. Today's economic data released..." datetime: "2024-12-09T08:25:33.000Z" locales: - [en](https://longbridge.com/en/topics/25943910.md) - [zh-CN](https://longbridge.com/zh-CN/topics/25943910.md) - [zh-HK](https://longbridge.com/zh-HK/topics/25943910.md) author: "[Dolphin Research](https://longbridge.com/en/dolphin.md)" --- # The Central Political Bureau of the Communist Party of China held a meeting, what are the key pieces of information? NetEase's "Yan Yun Sixteen Sounds" public beta is scheduled ## 1209 Today's Important News Review | Dolphin Investment Research **Dolphin focuses on:** ### **🐬 Macro/Industry** **1.** The Central Political Bureau held a meeting to analyze and study the economic work for 2025, proposing to "implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation, and stabilize the real estate and stock markets." Notably, the expression regarding fiscal and monetary policy was adjusted from "proactive and stable" to "implement a more proactive fiscal policy and moderately loose monetary policy." Stimulated by positive news, Hong Kong stocks surged significantly in the late trading session. **2.** Economic data released today showed that the CPI for November 2024 rose 0.2% year-on-year, a decrease of 0.1 percentage points from the previous month; the decline in CPI expanded by 0.3 percentage points from the previous month, mainly due to a seasonal drop in food prices. Domestic industrial product demand has somewhat recovered, with the PPI for November turning from a 0.1% decline last month to a 0.1% increase, down 2.5% year-on-year, with the decline narrowing by 0.4 percentage points from the previous month. **3.** On December 7, the U.S. announced the 2025 NDAA, and the final draft did not include content related to the biosafety bill, alleviating negative factors suppressing the domestic innovative drug industry chain, bringing positive signals to the pharmaceutical sector. ### **🐬 Individual Stocks** **1.** $NTES(09999.HK) Over the weekend, NetEase officially announced that the PC public beta for "Yan Yun Shi Liu Sheng" is scheduled for December 27. This is one of NetEase's most important games at the end of the year. "Yan Yun Shi Liu Sheng" is a major product developed by NetEase, which has received mixed reviews online since its first exposure. Originally scheduled for a July launch, it has been delayed multiple times and will finally have its public beta on the 27th. Expectations are high for its performance. **2.** $Broadcom(AVGO.US) Broadcom has launched a newly developed 3.5D XDSiP packaging platform, specifically designed for ultra-high-performance AI and HPC processors, supporting chip areas of up to 6000 square millimeters. ### **🐬 Leading Sectors** **Shanghai and Shenzhen:** Data processing and outsourcing services, footwear, diversified chemicals; **Hong Kong Stocks:** Brewing industry, life sciences tools and services, insurance brokerage firms; **U.S. Stocks:** Medical information services, apparel accessories and luxury goods, automobile manufacturers. ### **🐬 Tomorrow's Focus** **1.** China's M2 supply year-on-year, China's CPI year-on-yearRisk Disclosure and Disclaimer for this article: [Dolphin Research Disclaimer and General Disclosure](https://support.longbridge.global/topics/misc/dolphin-disclaimer) ### Related Stocks - [09999.HK](https://longbridge.com/en/quote/09999.HK.md) - [NTES.US](https://longbridge.com/en/quote/NTES.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) ## Comments (23) - **Kim Jong un · 2024-12-10T11:55:32.000Z**: Economic prosperity? Is this even human language? - **新用户_u9yboo · 2024-12-10T02:53:16.000Z · 👍 2**: Why does the US economy keep collapsing while the stock market has been soaring in recent years, while we're in an economic boom but losing money in the A-share market? Can anyone explain what's going on? - **海豚研究** (2024-12-10T08:49:17.000Z): How prosperous it is... - **新用户_u9yboo** (2024-12-10T09:26:53.000Z): Just like what's reported every day, crushing it in every aspect, winning big time all around. - **佳昊札记** (2024-12-10T13:24:59.000Z): Who told you we're in prosperity? Wake up! If that were the case, why can't many DF pay salaries! - **卖宝石买海力士 · 2024-12-09T13:29:55.000Z · 👍 2**: Nvidia's stock price plunged, dropping 2% in pre-market! The A-share market is looking very promising. - **我买股票养你啊** (2024-12-09T14:40:35.000Z): Give you a thumbs up - **新用户_u9yboo** (2024-12-10T02:50:51.000Z): A mere 2% drop is considered a crash, while a 5% decline is just a slight dip in the Chinese stock market. Why does the U.S. market keep soaring despite constant talk of its collapse, while we keep lo - **安_FWBbgP · 2024-12-09T13:10:50.000Z**: Wait and see - **學習 · 2024-12-09T09:12:29.000Z · 👍 1**: Face the reality and give up illusions🤣 - **海豚研究** (2024-12-10T02:40:31.000Z): Well, it was indeed a struggle this morning. - **打工牛马n · 2024-12-09T08:39:14.000Z · 👍 1**: They hold meetings every few months 😓 - **海豚研究** (2024-12-10T02:40:45.000Z): LOL LOL LOL - **黄陈 · 2024-12-09T08:26:43.000Z**: Will the A-shares rally tomorrow? - **吳無鬼** (2024-12-09T08:30:51.000Z): Got it! - **無敵暴龍戰士** (2024-12-09T08:31:02.000Z): I forgot where I saw it, but the general idea is that in the A-share market, any positive news other than increased market liquidity is considered negative. - **黄陈** (2024-12-09T08:31:56.000Z): My account was still in the red in December.