国元证券晨会纪要-20251201

Core Insights - The report highlights a slowdown in global merchandise trade growth as indicated by the World Trade Organization [4] - The U.S. online consumption during Black Friday reached a record high of $11.8 billion [4] - The European Central Bank President Lagarde stated that interest rates are at a reasonable level [4] - OPEC+ has agreed to maintain the overall oil production of the group unchanged until 2026 [4] - The proportion of single-person households in South Korea has surpassed 36% for the first time [4] - China's National Bureau of Statistics reported that the manufacturing PMI for November was 49.2%, while the non-manufacturing business activity index was 49.5% [4] - The total social logistics volume in China for the first ten months reached 293.7 trillion yuan, reflecting a year-on-year increase of 5.1% [4] - The top 100 enterprises in China acquired land worth 847.8 billion yuan from January to November, marking a year-on-year growth of 14.1% [4] - New regulations for live-streaming e-commerce are expected to be introduced [4] - The AI industry in Beijing is projected to exceed 450 billion yuan this year [4] Economic Data - The Baltic Dry Index closed at 2560.00, up 3.23% [5] - The Nasdaq Index closed at 23365.69, up 0.65% [5] - The CME Bitcoin futures price was 91500.00, up 1.27% [5] - The Dow Jones Industrial Average closed at 47716.42, up 0.61% [5] - The ICE Brent Crude Oil price was 63.19, down 0.24% [5] - The London Gold price closed at 4218.55, up 1.48% [5] - The U.S. Dollar Index was at 99.44, down 0.11% [5] - The Hang Seng Index closed at 25858.89, down 0.34% [5] - The Shanghai Composite Index closed at 3888.60, up 0.34% [5] - The Shenzhen Composite Index closed at 2453.81, up 0.96% [5]