shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 shuinu9870 更多一手调研纪要和研报数据加V： shuinu9870 更多一手调研纪要和研报数据加V： ab 12 December 2024 Global Research Uranium What can we expect for 2025? | --- | --- | |-----------------|-------| | Equities | | | Global | | | Basic Materials | | shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： Limited near-term catalysts to see U prices higher 2024 was a false dawn for the uranium market with the spot uranium pric ...

October 18, 2024 04:52 PM GMT M Update | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------|-------------------------------------------------------------------------------------- ...

M Update China Equity Strategy | Asia Pacific October 18, 2024 03:54 PM GMT PBOC Swap Facilities and Relending Program Offically Launched; Our Take We take the swift launch as positive for investor sentiment. We screen 31 stocks that should be direct beneficiaries. Regular disclosure of the programs' usage, progress on stabilization fund, and more forceful reflationary measures will be key to watch. What's new? On October 18th, PBOC officially launched the two market stabilization programs it announced back ...

October 18, 2024 02:24 PM GMT M Update | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

M Idea China Online Travel Agencies | Asia Pacific October 13, 2024 08:15 PM GMT 3Q24 Preview and Golden Week Travel Update Golden Week data came largely in line and 3Q guidance is well on track. We stay OW on China OTAs on resilient travel demand and easier comps ahead, with risk skewed to the upside on potential consumption recovery. Valuation is still attractive. Domestic tourists and receipts rose 5.9% and 6.3% YoY (adjusted for seven days in 2024 vs. 8 days in 2023), respectively, according to Minister ...

Rmb25.8tn, down 37% YoY. M Update October 13, 2024 09:10 PM GMT | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

M Update Risky Business | Asia Pacific October 13, 2024 07:00 PM GMT Insurance Pricing Slowing In Sep-24: What Does It Mean? Our Sep-24 new business survey shows slowing premium growth vs peak levels in both Motor (+7%Y) and Home (+12%Y). We still see SUN and IAG's margins expanding in FY25E alongside double-digit insurance profit growth, but investors could start questioning insurers' margin momentum into FY26E. -30% -20% -10% 0% 10% 20% 30% 40% 50% 60% Home Premium Index Motor Premium Index Yo-Y change in ...

M Update Asia/Pacific Weekly Economic Preview | Asia Pacific October 13, 2024 08:25 PM GMT Central Banks in Action; China in Focus Four central banks are set to meet and we expect two of the four to ease monetary policy. We see BI and BSP continuing with their rate cut cycles with a second 25bp cut, while MAS and BOT stay on hold. Meanwhile, the latest data out of China will likely show an economy that is still slowing. Exhibit 1: Event Calendar for October 14 - 20 | --- | --- | --- | --- | --- | --- | --- ...

全球市场研究 洞察亚洲 经济 - 亚洲（⽇本除外） 2024 年 10 ⽉ 9 ⽇ 中国：下⼀步是什么（II）？ 尽管国家发改委 10 ⽉ 8 ⽇的新闻发布会似乎令市场失望，但市场应该知道，国家发改委的职权范围不包括发布财政刺激计划。 股市回调可能并⾮坏事，因为我们认为，防⽌股市狂热和崩盘是成功启动中国经济的先决条件。我们坚信北京将推出财政 刺激⽅案，因为财政部将于 10 ⽉ 12 ⽇举⾏财政政策简报会。我们认为，总体刺激⽅案的规模可能不超过每年 GDP 的 3%，包括来⾃中国⼈⺠银⾏和政策性银⾏的资⾦。这些即将出台的财政刺激措施中的⼤部分可能会仅⽤于填补地⽅政府⾯ 临的财政缺⼝（⻅《中国：第⼆波冲击》， 2024 年 9 ⽉ 5 ⽇）。我们认为刺激计划的内容⽐规模更重要，因为北京⽅ ⾯必须清理房地产危机造成的混乱并改⾰财政体系，因为地⽅政府可能不再能够从⼟地出售中获得巨额收⼊。 | --- | |--------------------------------------------------| | | | 研究分析师 | | 亚洲经济 | | 陆婷 - NIHK ting.lu@nomura.com | ...

Global Markets Research Asia Insights 9 October 2024 Economics - Asia ex-Japan China: What's next (II)? While the National Development and Reform Commission (NDRC) press conference on 8 October seemingly disappointed markets, market should know that it is not within the NDRC's mandate to make fiscal stimulus announcements. The corrections in stock markets may not be a bad thing as, in our view, preventing a stock mania and crash is a precondition to successfully jumpstart China's economy. We firmly expect B ...