宏观周报：推进国资“三个集中”，特朗普提名陆续出炉

Domestic Highlights - The Loan Prime Rate (LPR) for November remains unchanged at 3.1% for 1-year and 3.6% for over 5 years, indicating a stable monetary policy environment[14] - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes the need to concentrate state capital on strategic emerging industries, national defense, food security, and energy security[16] - In October, the total revenue of state-owned enterprises increased by 1.2% year-on-year, while total profits decreased by 2.3%[16] International Highlights - Trump's cabinet nominations face challenges, with Chris Wright nominated for Energy Secretary, potentially easing restrictions on the fossil fuel industry[18] - In September, both China and Japan reduced their holdings of U.S. Treasury bonds, with Japan's holdings decreasing by $5.9 billion to $1.1233 trillion and China's by $2.6 billion to $772 billion[21] - The U.S. housing starts for October were reported at 1.311 million, down 3.1% month-on-month and 4.0% year-on-year, indicating a weak housing market[23] Economic Indicators - Brent crude oil prices increased by 1.77% week-on-week, while copper prices fell by 0.93%[30] - Real estate sales in major cities rose by 27.25% week-on-week, with a significant increase in retail sales of passenger vehicles by 31% year-on-year[46]