JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. ("RYAM†or the "Company†) today announced that its Board of Directors has appointed Scott M. Sutton as Chief Executive Officer, and President, effective January 5, 2026. Mr. Sutton will also join the Company's Board of Directors. Mr. Sutton, former President and Chief Executive Officer of Olin Corporation, brings more than three decades of global leadership experience in the chemicals and materials sectors, including a proven track recor ...

Company Overview - LyondellBasell Industries N.V. is a major petrochemical and chemical company based in Houston, Texas, with a market cap of $14.3 billion. The company produces key chemical building blocks such as ethylene, propylene, polyethylene, and polypropylene, along with a variety of polymers, specialty chemicals, and fuels used in everyday applications like packaging, automotive components, construction materials, textiles, and consumer goods [1]. Financial Performance - Analysts expect LyondellBasell to report a non-GAAP profit of $0.19 per share for the fourth quarter, which represents a significant decline of 74.7% from $0.75 per share reported in the same quarter last year. The company has met or exceeded Street estimates on the bottom line twice in the past four quarters but has missed projections on two occasions [2]. - For fiscal 2025, analysts project a non-GAAP EPS of $2.22, down 65.3% from $6.40 in fiscal 2024. However, earnings are expected to rebound in fiscal 2026, with a projected increase of 61.7% year over year to $3.59 per share [3]. Stock Performance - LyondellBasell's stock has declined by 39% over the past 52 weeks, significantly underperforming the S&P 500 Index, which returned 16.9%, and the Materials Select Sector SPDR Fund, which saw a 10.9% decline during the same period [4]. - On December 15, LyondellBasell shares fell more than 2% following a downgrade by BMO Capital Markets, which changed its rating from "Market Perform" to "Underperform" and set a price target of $36. This downgrade was attributed to concerns over near-term headwinds in the chemicals and petrochemicals markets, including weaker global demand and margin pressure from rising feedstock costs [5]. Analyst Ratings - Analysts maintain a cautious outlook on LyondellBasell, with a consensus "Hold" rating. Among the 21 analysts covering the stock, there are two "Strong Buys," one "Moderate Buy," 14 "Holds," and four "Strong Sells." The mean price target of $50.70 indicates a potential upside of 14.2% from current price levels [6].

Core Viewpoint - The Guizhou Provincial Government has issued a three-year action plan to expand private investment, aiming for private investment growth to exceed the overall fixed asset investment growth by 2027, with a target of private investment accounting for approximately 42% of total fixed asset investment [1] Group 1: Private Investment Growth - By 2027, the growth rate of private investment in Guizhou is expected to surpass the growth rate of total fixed asset investment [1] - The plan sets a target for private investment to reach about 42% of total fixed asset investment [1] Group 2: Digital Transformation and Industry Support - The action plan emphasizes the involvement of private enterprises in the "Smart Guizhou" initiative [1] - It includes the implementation of the "Artificial Intelligence +" initiative to promote the application of large models in industries such as sauce-flavored liquor, chemicals, and energy [1] - Support will be provided for leading private enterprises and service providers to build comprehensive digital empowerment platforms [1] Group 3: Infrastructure and Resource Development - The plan encourages qualified private enterprises to invest in the construction of computing power infrastructure [1] - It aims to accelerate the large-scale and green development of computing power resources [1] - The initiative will leverage the national integrated computing power network hub in Guizhou to explore collaborative development mechanisms for computing and electricity [1]

转自：新华财经 中国银行宁波市分行秉持服务实体经济初心，近年来始终在科技创新、绿色产业、制造业等领域加大金 融支持，充分发挥集团全球化、综合化优势特色，为企业提供股、贷、债、保、租一体化综合服务。自 AIC股权投资试点范围扩大到宁波市之后，中国银行宁波市分行已设立全国首支AIC链主并购基金，推 进AIC股权投资项目落地，为宁波实体经济输送更稳定的金融"活水"。 下阶段，中国银行宁波市分行将紧扣宁波"十五五"发展战略，携手AIC加快宁波区域股权投资布局，进 一步拓宽企业全生命周期金融服务，强化"长期资本""耐心资本"对地方产业升级的支撑作用，助力宁波 制造业"单项冠军第一城"谱写新篇章。（王宁捷） 近日，中国银行宁波市分行联动中银金融资产投资有限公司成功对宁波某"独角兽"企业开展股权融资， 首期投入"耐心资本"2亿元，助推当地绿色科技创新产业升级。 据悉，该"独角兽"企业为国内领先的科技创新和绿色石化化工企业，并纳入胡润研究院《2025年全球独 角兽榜单》。企业拥有全产业链一体化生产和绿色化工制造水平，其产品广泛应用于化工、印染、制 药、食品、精密电子、光学等多个行业领域。本次投资聚焦绿色、环保型化工产品升级， ...

Core Insights - The article presents the "Top 10 Core Assets for 2026" as voted by millions of members from over 70 countries, highlighting the collective wisdom of global investors in navigating market uncertainties [2][5]. Summary by Categories Core Assets - The selected core assets include: - **Zhongji Xuchuang (中际旭创)**: Market cap of 6,778 million RMB, focusing on AI and advanced manufacturing [3] - **Tencent (腾讯)**: Market cap of 49,160 million RMB, centered on AI applications [3] - **Alibaba (阿里巴巴)**: Market cap of 24,500 million RMB, involved in AI and cloud computing [3] - **Gold ETF (黄金ETF)**: Market cap of 1 million RMB, categorized under precious metals [3] - **Luoyang Molybdenum (洛阳钼业)**: Market cap of 4,279 million RMB, with no specific industry listed [3] - **China Ping An (中国平安)**: Market cap of 12,400 million RMB, in the financial sector [3] - **Dongfang Caifu (东方财富)**: Market cap of 3,663 million RMB, with no specific industry listed [3] - **Wanhua Chemical (万华化学)**: Market cap of 2,400 million RMB, in the chemical industry [3] - **WuXi AppTec (药明合联)**: Market cap of 1,515 million RMB, in the pharmaceutical sector [3] - **Trip.com Group (携程集团)**: Market cap of 3,250 million RMB, in consumer discretionary [3] Market Context - The investment landscape in China for 2025 is characterized by uncertainties, including fluctuating recovery expectations, geopolitical tensions, and evolving trends in real estate and AI [4]. - The article emphasizes the importance of collective intelligence in investment decisions, asserting that the aggregated insights from millions can effectively guide investors through market complexities [5][7]. Performance Metrics - From 2019 to 2025, the "Top 10 Core Assets Index" achieved a cumulative growth of 318.67%, significantly outperforming the CSI 300 Index (+56.2%) and the Hang Seng Index (-0.82%) [11]. - In 2025, the equal-weighted return of the top assets reached 35.1%, again surpassing the performance of major indices [11]. Selection Criteria - The selected companies must meet four key principles: 1. Represent Chinese enterprises with a domestic market focus 2. Align with future economic directions and create long-term value 3. Possess competitive advantages or potential in emerging sectors 4. Have a projected market cap growth of 20% or more in 2026 [10] Individual Company Insights - **Zhongji Xuchuang**: Expected to benefit from a surge in AI-related demand, with a projected market cap growth of 25%-30% [12]. - **Tencent**: Anticipated to see a 25%-30% increase in adjusted net profit, driven by its strong domestic user base and advertising revenue [13]. - **Alibaba**: Forecasted to achieve a 25%-28% stock price increase, supported by its dual focus on AI and consumer markets [14]. - **Gold ETF**: Positioned as a key hedging tool, with a projected 28%-32% growth in fund inflows [15]. - **Luoyang Molybdenum**: Expected to maintain its leading position in the battery materials sector, with a projected net profit of 320-350 million RMB [16]. - **China Ping An**: Anticipated to grow its market cap by 20%-25%, benefiting from the domestic financial market's recovery [17]. - **Dongfang Caifu**: Projected to see a 22%-28% increase in market cap, driven by the growth in wealth management services [18]. - **Wanhua Chemical**: Expected to achieve a net profit of 155-162 million RMB, supported by domestic demand [19]. - **WuXi AppTec**: Positioned as a leader in the ADC field, with significant growth driven by domestic innovation [20]. - **Trip.com Group**: Forecasted to grow revenue by over 25%, capitalizing on the recovery of domestic travel [21]. Conclusion - The selected core assets reflect a strategic alignment with China's economic growth and key sectors, including AI, renewable energy, finance, and healthcare, emphasizing their potential for long-term value creation [22].

This Week’s Deep-Value LandscapeThis week’s Acquirer’s Multiple® Large-Cap Screen continues to surface a familiar—but evolving—theme: extreme value is clustering in cash-generative Financials and cyclically exposed Industrials and Materials, while Energy takes a relative pause at the very top of the rankings.The common thread remains unchanged—the market is heavily discounting durable free-cash-flow producers despite strong operating results and shareholder returns.Financials Reassert Leadership in Deep Val ...

□ 金刚沈雯佳 重点行业绿色低碳转型并非一蹴而就，在实践中仍面临不少现实难题，集中体现在"愿不愿意转"和"能 不能转"两个方面。一方面，部分企业转型动力不足，不愿意转。节能降碳改造通常涉及工艺升级、设 备更新，短期内只有合规收益，经济收益难以迅速体现。在"内卷式"竞争的背景下，一些企业更倾向于 维持既有生产模式，对转型持观望态度。同时，我国不同地区监管标准和执行力度存在显著差异，也给 了相关企业通过易地搬迁躲避治理的空间，进一步制约了转型积极性。另一方面，一些企业即便具备转 型意愿，也受到现实能力约束，面临不能转的问题。重点行业节能降碳改造资金需求大、技术门槛高， 往往需要大规模、长期性的持续投入，而融资渠道受限、资本成本偏高等因素，使部分企业陷入"想转 却转不了"的困境。 夯实金融支点，既要用好绿色信贷形成刚性约束，也要通过转型金融提供必要支撑，更要以数智技术提 升政策执行和资源配置的有效性。只有在约束与激励并重、压力与支持并行的框架下，才能形成推动重 点行业节能降碳改造的长效机制，为实现我国"双碳"目标、推动经济实现质的有效提升和量的合理增长 提供坚实保障。 (作者分别为南京大学商学院副教授；苏银理财有限 ...

Nucor Corporation (NYSE:NUE) is one of the stocks Jim Cramer discussed along with macroeconomic conditions. Cramer said he should have “pushed hard” on the company stock, as he commented: “Regular metals, generally up with the help of tariffs, but a lot of crops and chemical stocks are very bad. That explains why we’ve seen a middle-of-the-pack performance overall for the materials group, which is up about 9% for the year… but within that, we’ve seen huge disparities. 40% plus declines for chemical compan ...

Core Viewpoint - The article highlights significant upcoming events and economic indicators, including the release of manufacturing PMI data for China and the US, changes in trading regulations for silver and gold futures, and notable corporate developments such as the leadership transition at Berkshire Hathaway and the IPOs of several companies in Hong Kong [4][6][12][16][17]. Economic Indicators - China's official manufacturing PMI for December is expected to be released on December 31, with a previous reading of 49.2 indicating contraction. Analysts anticipate a slight recovery due to policy support, focusing on new order indices and performance across different enterprise sizes [6]. - The US will release the S&P Global Manufacturing PMI for December on January 2, along with data on initial jobless claims for the week ending December 27 [7]. Corporate Events - Warren Buffett officially steps down as CEO of Berkshire Hathaway, with Greg Abel taking over the role starting January 1, 2026 [12]. - Wall Street anticipates the announcement of a new Federal Reserve chair by President Trump in the first week of January [10]. - Wall Street and various global markets will observe a holiday break from January 1 to January 4, 2026 [13][14]. Price Adjustments in Industries - A price increase trend is noted in the paper and chemical industries, with companies like Jilin Chemical Fiber and Hunan Youneng announcing significant price hikes for their products starting January 1, 2026 [25][26][27][28][29][30][31]. Regulatory Changes - The National Investment Silver LOF has tightened its subscription limits, reducing the A-class investment cap back to 100 yuan and suspending C-class subscriptions effective December 29 [18][19]. - The Shanghai Futures Exchange has adjusted the price fluctuation limits for gold and silver futures to 15% and modified margin requirements effective December 30 [20]. Legislative Developments - The "Fujian Province Promotion of Cross-Strait Standard Commonality Regulations" will take effect on January 1, 2026, marking a significant legislative move aimed at enhancing standards between the two regions [32].

乌克兰政府通过其官网公布的两项决议表示，已将对俄罗斯商品的进口禁令延长一年。 第一项决议将 部分俄罗斯商品的进口禁令延长至2026年12月31日，第二项决议则将针对俄罗斯产品的关税征收期限延 长相同时长。这两项决议均于2015年通过，此后已被多次延期。 被禁商品包括肉类、鱼类、咖啡、茶 叶、巧克力及其他糖果制品、婴幼儿食品、动物饲料、酒类和香烟。该禁令同时适用于数类工业制品、 交通工具、化肥及农产品。 ...