The Central Political Bureau of the Communist Party of China held a meeting, what are the key pieces of information? NetEase's "Yan Yun Sixteen Sounds" public beta is scheduled

1209 Today's Important News Review | Dolphin Investment Research

Dolphin focuses on:

🐬 Macro/Industry

1. The Central Political Bureau held a meeting to analyze and study the economic work for 2025, proposing to "implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation, and stabilize the real estate and stock markets." Notably, the expression regarding fiscal and monetary policy was adjusted from "proactive and stable" to "implement a more proactive fiscal policy and moderately loose monetary policy." Stimulated by positive news, Hong Kong stocks surged significantly in the late trading session.

2. Economic data released today showed that the CPI for November 2024 rose 0.2% year-on-year, a decrease of 0.1 percentage points from the previous month; the decline in CPI expanded by 0.3 percentage points from the previous month, mainly due to a seasonal drop in food prices. Domestic industrial product demand has somewhat recovered, with the PPI for November turning from a 0.1% decline last month to a 0.1% increase, down 2.5% year-on-year, with the decline narrowing by 0.4 percentage points from the previous month.

3. On December 7, the U.S. announced the 2025 NDAA, and the final draft did not include content related to the biosafety bill, alleviating negative factors suppressing the domestic innovative drug industry chain, bringing positive signals to the pharmaceutical sector.

🐬 Individual Stocks

1. $ NTES-S(09999.HK)

Over the weekend, NetEase officially announced that the PC public beta for "Yan Yun Shi Liu Sheng" is scheduled for December 27. This is one of NetEase's most important games at the end of the year. "Yan Yun Shi Liu Sheng" is a major product developed by NetEase, which has received mixed reviews online since its first exposure. Originally scheduled for a July launch, it has been delayed multiple times and will finally have its public beta on the 27th. Expectations are high for its performance.

2. $ Broadcom(AVGO.US)

Broadcom has launched a newly developed 3.5D XDSiP packaging platform, specifically designed for ultra-high-performance AI and HPC processors, supporting chip areas of up to 6000 square millimeters.

🐬 Leading Sectors

Shanghai and Shenzhen: Data processing and outsourcing services, footwear, diversified chemicals;

Hong Kong Stocks: Brewing industry, life sciences tools and services, insurance brokerage firms;

U.S. Stocks: Medical information services, apparel accessories and luxury goods, automobile manufacturers.

🐬 Tomorrow's Focus

1. China's M2 supply year-on-year, China's CPI year-on-yearRisk Disclosure and Disclaimer for this article: Dolphin Research Disclaimer and General Disclosure