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AppLovin closed down nearly 15%, the biggest one-day drop since August 2022.The global central bank's big move at the end of the year is surging in the foreign exchange market, and the end of the year is approaching, and the global central bank has entered an intensive interest rate discussion cycle. In the next two weeks, monetary policy meetings of major central banks around the world will follow one after another-this week, many central banks including the European Central Bank, the Bank of Canada, the Reserve Bank of Australia, and the Swiss National Bank will announce interest rate resolutions; Next week, the Federal Reserve, the Bank of Japan and the Bank of England will also take turns to stir up the market. (SSE)In November, the sales of new energy passenger cars increased by more than 50%. On December 9, the data released by the Association showed that the national new energy passenger car market retailed 1.268 million vehicles in November, a substantial increase of 50.5% year-on-year. From January to November this year, the cumulative retail sales reached 9.594 million vehicles, up 41.2% year-on-year. Cui Dongshu, Secretary-General of the Passenger Car Association, believes that since the fourth quarter, the sales volume of passenger cars has continued to strengthen. With the countdown of this round of car scrapping and old-for-new policies, the auto market is expected to usher in a "tail-lifting market" in December this year. (CSI)

The annual demand peak season is coming, and the price of pigs is going down actively. By the end of the year, the two festivals are approaching, and the pig breeding industry is gradually entering the annual demand peak season. Recently, the production and sales data of November disclosed by listed aquaculture companies showed that the market price of live pigs in that month was down from the previous month. Zou Yingji, an analyst at Zhuo Chuang Information, believes that the overall price of live pigs in November showed a trend of first falling and then rising. In the first half of November, the mentality of some operators was relaxed, and the pig sources for secondary fattening in the early stage were released one after another, and the supply of pig sources in the market increased obviously. However, because the temperature did not drop significantly, the downstream receiving efforts were limited, and the terminal delivery speed was slow, and the market was in an oversupply situation, which led to the downward trend of pig prices in the first half of November. In the late stage, the temperature in some areas gradually decreased, and some southern markets started the curing action one after another, and the demand side improved slightly, which supported the price of live pigs to stop falling and rebound. However, because the cured meat is only opened sporadically, the increase of demand side is limited, and there is not much room for the rebound of pig prices. After entering December, the increase in domestic pig prices failed to continue. Zou Yingji believes that at present, in order to ensure the smooth completion of the annual slaughter plan, the enthusiasm for slaughtering pigs is high, and farmers also have large-weight pigs to be slaughtered or released in the pickling season. The supply of pigs may still be abundant in December.Market information: US President-elect Trump discussed the possibility of his daughter-in-law Lala Trump running for the Senate seat in Florida.The cryptocurrency fell below $95,000 in the short term, and the cryptocurrency continued to fall below the $95,000 mark in the short term. The decline of Ethereum expanded to 10% and fell below $3,600.

Bonds are almost in a bearish state. Many brokers expect the Bank of China to cut interest rates next year, and the yield of 10-year government bonds may be around 1.8%. According to the Shanghai Stock Exchange, from the perspective of many institutions in 2025, the central bank's interest rate cuts will continue. Many institutions believe that in this context, the yield of 10-year government bonds will also fall to around 1.8%. Tan Yiming, a fixed-income analyst at Minsheng Securities, believes that this year's monetary policy framework reform has been promoted, and the 7-day reverse repo rate, as the main policy interest rate, has become the starting point of the interest rate transmission mechanism. It is expected that there will be one or two interest rate cuts in 2025, and the 7-day reverse repo rate will be lowered by about 20 to 40 basis points, and the 10-year government bond yield will be 1.7% to 1.8%.Comcast closed down 9.5%, the worst one-day performance since 2008.The application of AI continues to deepen, and the prosperity of the sector continues to improve. Recently, a number of artificial intelligence companies have intensively released their latest products, and the related concept sectors in the A-share market are active. Wind data shows that Wande's artificial intelligence concept index has risen in six of the nine trading days since November 27, with an interval increase of 12.64%. Analysts believe that overseas AI applications are growing strongly, and the growth potential of domestic AI applications is expected to explode. On the one hand, the performance of the core AI application companies in US stocks has grown rapidly, further strengthening the AI narrative logic; On the other hand, domestic AI application scenarios are more extensive and have achieved good application results in many fields such as education and office. It is suggested to focus on the growth and liquidity of domestic AI applications. (CSI)