KWEICHOW MOUTAI(SH:600519) Zheng Quan Shi Bao Wang·2024-12-29 15:40Group 1 - Russian President Putin expressed condolences regarding a tragic incident involving an Azerbaijani passenger plane attempting to land in Grozny during Ukrainian drone attacks [2][11] - The State Council's Tariff Commission announced a tariff adjustment plan for 2025, implementing temporary import tariff rates lower than the most-favored-nation rates for 935 items to enhance domestic and international market synergy [2] - The plan includes reducing import tariffs on specific items to support technological innovation, improve people's livelihoods, and promote green development [2] Group 2 - The People's Bank of China emphasized the implementation of a moderately loose monetary policy to maintain ample liquidity, aligning the growth of social financing and money supply with economic growth and price level expectations [13] - The China Securities Regulatory Commission released transitional arrangements for the new Company Law, requiring companies to establish an audit committee within the board of directors by January 1, 2026 [14] - The Shanghai and Shenzhen Stock Exchanges announced fee exemptions for certain 2025 annual fees for listed companies [15] Group 3 - A record high of 1,440 A-share companies announced share repurchase plans this year, with a total repurchase amount of approximately 235.16 billion yuan [4] - Guizhou Moutai plans to repurchase shares worth between 3 billion and 6 billion yuan, with a maximum repurchase price of 1,771.90 yuan per share [17] - BYD's board approved the management to develop a market value management system to enhance investment value [23] Group 4 - Honor completed its shareholding reform and will soon initiate the IPO process to further its strategic development [18] - China Nuclear Technology plans to acquire a 71.965% stake in China Nuclear West Instrument, with the transaction expected to constitute a major asset restructuring [19] - A total of 256 A-share companies announced share repurchase loans, amounting to approximately 54.06 billion yuan [16] Group 5 - Analysts suggest a "barbell strategy" for industry allocation, focusing on core assets in AI, humanoid robots, and low-altitude economy, as well as high-dividend sectors supported by low interest rates [10][21] - The market is expected to remain active in early January, with potential policy expectations rising after the Spring Festival [8][9] - The upcoming month is anticipated to see a shift in market sentiment, with a focus on financial real estate and cyclical sectors [26]