12.11犀牛财经早报：美联储今年第三次降息25个基点

Group 1 - Approximately 30% of public fund companies have experienced changes in leadership this year, with over 50 companies undergoing changes in chairman or general manager roles [2] - The long-term bond market has seen significant adjustments, with the yield on the 30-year government bond rising to 2.26%, an increase of 8 basis points since December [2] - The Federal Reserve has lowered the federal funds rate target range by 25 basis points to between 3.50% and 3.75%, marking the third rate cut this year and the sixth since September 2024 [3] Group 2 - The issuance scale of Fund of Funds (FOF) has exceeded 78 billion yuan this year, with over 75 FOFs established, and 24 of them raising over 1 billion yuan each [4][5] - The Hong Kong IPO market has seen a resurgence, with a total IPO scale of 267.1 billion HKD this year, but the rate of IPOs breaking below their issue price has increased, with 35.71% of new stocks breaking [5] - A new wave of stock buybacks has emerged in the Hong Kong market, with over 700 million shares repurchased in November alone, indicating a positive signal for long-term company development [6] Group 3 - AIDC (Artificial Intelligence Data Center) storage market is expected to experience explosive growth, with lithium battery shipments projected to reach 300 GWh by 2030, which is 20 times the expected 15 GWh in 2025 [7] - Oracle's cloud business sales grew by 34% to 7.98 billion USD, but this was below analyst expectations, leading to a drop of over 10% in after-hours trading [8] - JD.com has acquired a 50% stake in an office building in Hong Kong for approximately 3.473 billion HKD, indicating continued investment in the region [8]