China Pacific Insurance: In the first 11 months, the accumulated life insurance premium income was 228.8 billion yuan. China Pacific Insurance announced that during the period from January 1, 2024 to November 30, 2024, the accumulated original insurance premium income of China Pacific Life Insurance Co., Ltd., a subsidiary of the company, was 228.842 billion yuan, up 2.2% year-on-year. The accumulated original insurance premium income of China Pacific Property Insurance Co., Ltd. was 187.033 billion yuan, up 7.7% year-on-year.The European STOXX 600 index initially closed down 0.48% at 518.73 points. The euro zone STOXX 50 index initially closed down 0.67% to 4951.85 points. The FTSE Pan-European Excellent 300 Index initially closed down 0.50% at 2059.80.African stock market | South Africa's stock index closed down more than 0.4%, led by basic metal mining stocks Glencore, Anglo-American and BHP Billiton. On Tuesday (December 10th), South Africa's FTSE /JSE Africa Leading 40 Tradeable Index closed down 0.44% to 78,703.60 points. Glencore, a constituent stock, closed down 2.56%, Anglo-American Company fell 1.99%, BHP Billiton Group fell 1.74%, ranking third from the bottom, Jintian Company rose 0.75%, ranking sixth, and harmony Gold rose 0.81%, ranking fifth. The South African rand is currently down 0.56% against the US dollar, temporarily reporting 17.8720 rand, which is the highest level since November 11, which was set on Monday.
Continue to rise before the market. Citigroup is optimistic about the company's prospects and raises its target price. The US stock of HSAI.US, which rose by more than 8% yesterday, continued to rise by 1% before the market, and the stock has soared by more than 145% since November 26. In the news, Citibank's research report said that it was firm in its "buy" rating and significantly raised its target price to $14.2. The bank believes that considering the contribution of BYD, Xiaomi Automobile, Changan Automobile and Zero Run Automobile to the sales of Hesai lidar, the bank's cumulative shipment forecast for Hesai in 2025 is raised from 1.17 million to 1.51 million, and the cumulative shipment forecast for 2026 is raised from 2.11 million to 3.56 million.The Turkish President discussed the situation in Syria by telephone with the Italian Prime Minister and the President of the European Commission. On December 10th, local time, the Information Bureau of the Turkish Presidential Office announced that President Erdogan had telephoned Italian Prime Minister meloni and European Commission President Ursula von der Leyen on the same day to discuss the current situation in Syria. In a telephone conversation with meloni, Erdogan once again stressed the importance of safeguarding Syria's sovereignty and territorial integrity and social stability, and said that the Israeli aggression against Syria this time will not help Syria's stability. In addition, Erdogan pointed out that terrorists in Syria must be eliminated. In a telephone conversation with European Commission President Ursula von der Leyen, Erdogan said that Turkey will continue to provide strong support to the Syrian people in the future to eliminate terrorists in Syria, ensure their unity and protect their territorial integrity.The Nasdaq fluctuated lower and turned lower, after rising more than 0.7%.
CEO of Goldman Sachs (GS. N): The government pays more attention to growth, which will benefit our business. The Trump administration may implement an agenda to support growth.ANZ: The market expects the Federal Reserve to cut interest rates and demand for safe haven to boost the price of gold. Before the release of US consumer price index data, gold futures rose by 0.3% to $2,725.60 per ounce. ANZ research analysts said that the market is ready for the US consumer price index data released on Wednesday, which is expected to show the path of the Fed's interest rate cut in December. Although the market expects the possibility of interest rate cuts to be about 90%, any sign in the data that shakes the path of interest rate cuts may adversely affect interest-free gold assets. Analysts added that in the case of geopolitical tensions, the demand for safe haven also boosted the price of precious metals.Oil from the United States and Bulgaria rose by more than 1.00% in a day, and now they are reported at $68.88/barrel and $72.53/barrel respectively.
Strategy guide
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Strategy guide