Group 1: Deposit Situation Research - The report indicates that the positive effects of policies are gradually becoming evident, with deposit growth recovering despite pressures from corporate credit demand [8] - Since August, deposit growth has been on an upward trend due to the return of funds from wealth management products and a recovery in housing sales, leading to an increase in non-financial corporate deposits [8][9] - The report highlights that the self-regulatory management of interest rates is improving the transmission channels to the deposit market, with significant decreases in policy rates and benchmark rates [9][10] Group 2: Consumer Electronics and AI - The report discusses the implementation of subsidies for purchasing new consumer electronics, which is expected to boost market confidence and stimulate demand [13][14] - The upcoming CES 2025 is anticipated to showcase new AI-enabled products, including AI glasses and smart home devices, indicating a focus on AI-driven innovation in the electronics sector [15] - The electronic industry is currently experiencing a mild recovery, with recommendations to focus on sectors such as AIOT, AI-driven innovations, and the consumer electronics cycle [16][17]
东海证券：晨会纪要-20250108
Donghai Securities·2025-01-07 16:44