中银证券：中银晨会聚焦-20241202

Market Indices - The Shanghai Composite Index closed at 3326.46, with an increase of 0.93% [1] - The Shenzhen Component Index closed at 10611.72, rising by 1.72% [1] - The CSI 300 Index closed at 3916.58, up by 1.14% [1] - The Small Cap 100 Index closed at 6513.02, increasing by 1.42% [1] - The ChiNext Index closed at 2224.00, with a rise of 2.50% [1] Industry Performance - The retail trade sector saw an increase of 3.49% [2] - The computer sector increased by 3.10% [2] - The textile and apparel sector rose by 2.33% [2] - The machinery equipment sector increased by 2.28% [2] - The non-bank financial sector saw a rise of 2.12% [2] - The banking sector had a minimal increase of 0.02% [2] - The public utilities sector increased by 0.15% [2] - The oil and petrochemical sector rose by 0.25% [2] - The transportation sector increased by 0.29% [2] - The coal sector saw a rise of 0.33% [2] Macroeconomic Insights - The manufacturing PMI for November was reported at 50.3%, a slight increase of 0.2 percentage points from October, indicating a mild expansion in manufacturing activity [6] - The new orders index for November was 50.8%, up by 0.8 percentage points from October, while the new export orders index rose to 48.1% [6] - The production index for November was 52.4%, reflecting a 0.4 percentage point increase from October [6] - The non-manufacturing PMI for November was reported at 50.0%, a decrease of 0.2 percentage points from October, indicating a stagnation in the non-manufacturing sector [8] - The new orders index for the non-manufacturing sector was 45.9%, down by 1.3 percentage points from October [8]