农银国际证券：每天导读-20241207

Core Insights - The report highlights the mixed performance of major stock indices, with the Hang Seng Index closing at 19,560.44, down by 0.92% for the day, while the S&P 500 decreased by 0.19% [3][5] - The report notes that the market is awaiting key economic data releases, including the U.S. non-farm payrolls and unemployment rate, which could influence market sentiment [5][10] - There is a notable interest in AI and blockchain sectors, driven by positive earnings from overseas AI application stocks and a surge in Bitcoin prices, indicating potential investment opportunities in these areas [5][17] Market Performance - The Hang Seng Index and the National Index both experienced declines, with the Hang Seng Index down 0.92% and the National Index down 1.00% [3][5] - The report indicates that the A-share market showed resilience, with the Shanghai Composite Index and Shenzhen Component Index both rising [5] - The report provides a detailed overview of various stock indices, including the H-share index at 7,014.13, down 1.00%, and the AH share premium at 146.68, up 0.29% [3] Economic Indicators - The report outlines key economic data releases, including the U.S. trade balance for October at -$75.0 billion and weekly initial jobless claims at 224,000, which exceeded market expectations [5][10] - In Europe, the Eurozone retail sales month-on-month for October decreased by 0.5%, indicating potential economic challenges [5][12] - Japan's basic salary growth reached a record 2.8% year-on-year, the highest since 1994, which may influence monetary policy decisions [12][13] Industry Developments - The report discusses the Chinese photovoltaic industry, highlighting a meeting organized by the China Photovoltaic Industry Association to promote sustainable development [17][18] - It mentions China's initiative to build resilient cities and promote smart city infrastructure, which could create investment opportunities in urban development and technology sectors [19][20] - The report also notes the strategic partnership between NIO and Mastercard to enhance in-car payment functionalities, indicating innovation in the electric vehicle sector [25][26]