CATL(SZ:300750) Sou Hu Cai Jing·2025-12-25 03:45Macro News - The People's Bank of China will conduct a 400 billion MLF operation with a one-year term to maintain ample liquidity in the banking system [1] - The Ministry of Finance plans to issue 600 billion of 2025 book-entry discount treasury bonds, with a competitive bidding process set for December 24, 2025 [1] Industry News - Eight departments, including the People's Bank of China, released opinions to support the high-quality development of the Western Land-Sea New Corridor, proposing 21 key measures to enhance financial functions [3] - CATL's Yichun lithium mine is expected to resume production around the Spring Festival after a pause due to the expiration of its mining license [4] - NVIDIA is reportedly set to acquire AI chip startup Groq for approximately $20 billion, marking its largest acquisition to date [5][6] Sector Insights - CITIC Securities reports that fluctuations in raw material prices will have a limited impact on the profit margins of white goods, as rising copper and aluminum prices are offset by falling plastic prices [7] - Caixin Securities highlights the brain-computer interface industry as a high-growth sector, driven by strong policy support and technological breakthroughs, with domestic companies achieving competitive levels [7] - Guosen Securities anticipates that the domestic offshore wind power market will see new installations rise to 11-15 GW in 2026, with a year-on-year increase exceeding 40% [7]