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2024-12-14 11:32:50

Goldman Sachs: Preliminary data from EPFR show that the allocation of global mutual funds to China stocks declined in November. On the asset-weighted basis, active mutual funds still underallocate China stocks by 290 basis points. This week, China stock funds ushered in a strong inflow of $5.6 billion, breaking the previous trend of outflow for seven consecutive weeks.NVIDIA position stock SoundHound AI soared nearly 16% in intraday trading, and has risen over 650% year-to-date, far exceeding NVIDIA's growth rate.The Trump team intends to abolish the automatic driving accident notification. Tesla's share price once rose by more than 3%, hitting an intraday high. The Trump transition team has suggested that the incoming government abolish the current general order requiring automakers to notify accidents related to autonomous driving systems. Cancelling this requirement will benefit Tesla; According to this order, Tesla has notified the National Highway Traffic Safety Administration of more than 1,500 accidents, ranking first. The proposal to abolish this regulation comes from a transition team responsible for formulating a 100-day strategy for automobile policy. The team called the order a forced "excessive" collection of data. After the news was announced, Tesla's share price once rose by 3.23% to $431.6, hitting an intraday high.


Banier, former French Prime Minister: After three months of turmoil after the dissolution of the National Assembly, we restored the country's operation. We have worked methodically and conscientiously, covering all fields, relying on energetic ministers and active business people, and always seeking dialogue with Congress. We put forward a difficult budget aimed at reducing our deficit under extremely difficult circumstances, and reached a nearly balanced agreement with most members, especially the Senate. However, this deficit has not disappeared. Obviously, my cabinet has performed well, and all the service teams in the Prime Minister's Office deserve you to be proud of your work.Economists predict that the Fed will only cut interest rates three times next year. Economists surveyed by Bloomberg expect that the Fed will cut interest rates for the third time in a row this month, and lower the expected number of interest rate cuts next year. The market expects Federal Reserve Chairman Powell and his colleagues to cut interest rates by 25 basis points next week. If the expectation is true, it means that interest rates have been lowered by 1 percentage point since September. Next year's interest rate cut will slow down faster than officials expected three months ago. Most economists predict that interest rates will be cut only three times in 2025 because of the small progress in fighting inflation.The Trump team intends to abolish the automatic driving accident notification. Tesla's share price once rose by more than 3%, hitting an intraday high. The Trump transition team has suggested that the incoming government abolish the current general order requiring automakers to notify accidents related to autonomous driving systems. Cancelling this requirement will benefit Tesla; According to this order, Tesla has notified the National Highway Traffic Safety Administration of more than 1,500 accidents, ranking first. The proposal to abolish this regulation comes from a transition team responsible for formulating a 100-day strategy for automobile policy. The team called the order a forced "excessive" collection of data. After the news was announced, Tesla's share price once rose by 3.23% to $431.6, hitting an intraday high.


Market News: Belarusian President Lukashenko approved the budget of Belarus in 2025.Google spokesperson: Google intends to appeal the decision of the Turkish Competition Authority.Iraqi Prime Minister: No party is allowed to invade Syrian territory. When meeting with visiting US Secretary of State Blinken in Baghdad on the 13th, Iraqi Prime Minister Al-Sudani said that no party is allowed to invade Syrian territory.

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