Blackstone secured loan fund will issue 300 million USD 5.350% unsecured notes at a fixed price, with a maturity date of 2028.Market participants: In 2025, the steel industry may deduce the upstream profit-making logic. At the 2025 China steel market prospect and the annual meeting of "My Steel", whether the profit space of steel enterprises can be enlarged in 2025, whether the supply-side capacity will be withdrawn in an orderly manner, and what factors should be relied on for the long-term development of enterprises have become the minds of many participants. The industry believes that the survival pressure of steel enterprises may be eased in 2025. The upstream supply of iron ore, coke and coking coal will reduce their prices, and the cost of steel enterprises will fall. The market may deduce the upstream profit-making logic. Market participants said that although steel prices are still expected to decline in 2025, the profit margin of steel enterprises may increase. (SSE)Small Vegetable Garden International Hong Kong IPO seeks to raise HK$ 860 million. According to the announcement on the Hong Kong Stock Exchange, Small Vegetable Garden International issues 101 million shares at a price of HK$ 850 per share. According to calculation, the company will raise HK$ 860 million, and the stock is expected to be listed on December 20th, with Huatai International and UBS as co-sponsors.
Fund researchers bluntly said: the era of monetary fund lying and winning is over. Shanghai thought that unnamed fund researchers bluntly said that the era of monetary fund lying and winning is over. A person from a fund company in South China said that the continuous decline in the yield of money funds means that the impact of rates is becoming more and more important. Since the beginning of this year, many money funds have announced fee reductions. Wang Menghan, an analyst at Zheshang Securities, said that compared with similar products, the advantages of money funds are tax exemption, liquidity and stable net value. Among them, for institutional customers, there are still tax exemption and liquidity demands, so there is little demand for reducing the holdings of money funds. However, for non-institutional investors, because the stability of the net value of the money fund will be obviously weakened, there is a demand to reduce the holdings of the money fund. (SSE)Morgan Stanley downgraded Hikvision to equal rating, with a target price of RMB in 36 yuan. Andy Meng, an analyst at Morgan Stanley, was previously rated as over-matched. The target price is 36 yuan RMB, which is up by 14%.Cai Weidong was appointed as the deputy secretary of the Party Committee of Shentong Metro Group. According to the news of Shentong Metro Group, on the afternoon of December 11th, Shentong Metro Group held a leadership adjustment announcement meeting. At the meeting, the Organization Department of the Municipal Party Committee announced that Cai Weidong was appointed as the deputy secretary of the Party Committee of Shanghai Shentong Metro Group Co., Ltd., and Ge Shiping was removed from the post of deputy secretary of the Party Committee of Shanghai Shentong Metro Group Co., Ltd.
Brazil raised the benchmark lending rate by 100 basis points to 12.25%. Brazil's central bank expects the next two meetings to raise interest rates by the same amount.Making it easier for the people to see a doctor, the construction of a close-knit county medical community has entered the fast lane. According to the news of the National Health and Wellness Commission, up to now, more than 2,100 counties and districts across the country have carried out the construction of a close-knit county medical community, which has achieved a comprehensive push by the province. County medical community refers to the county medical service system with county hospitals as the leader, township hospitals as the hub and village clinics as the foundation, and forms a service community, a responsibility community, a benefit community and a management community. Since the beginning of this year, China has accelerated the sinking of personnel-centered resources in county medical communities, implemented the sinking of service, technology and management at the same time, and carried out mobile medical treatment and mobile consultation. More than 90% of counties in the country have achieved full coverage of county-level hospital personnel stationed in township hospitals. All localities have accelerated the construction of resource sharing centers in counties such as medical imaging, medical examination and ECG diagnosis, and promoted grassroots inspection, superior diagnosis and mutual recognition of results, so that people can enjoy convenient and high-quality inspection and diagnosis services at the grassroots level. At present, the image center has covered more than 70% of township hospitals in China. (CCTV)The rate of return of the money fund has reached a record low. Since December, the rate of return of the money fund has continued to decline. The annualized rate of return of Tianhong Yubao Money Fund, the largest, fell below 1.27% on the 7th, hitting a record low. According to industry insiders, the recently released "Self-discipline Initiative on Optimizing the Self-discipline Management of Non-bank Interbank Deposit Interest Rate" has a great impact on the Monetary Fund, and the superimposed interest rate is at a low level, and the yield of the Monetary Fund may continue to decline. As the income decreases, funds will look for new directions for allocation. Wang Menghan, an analyst at Zheshang Securities, said that compared with similar products, the advantages of money funds are tax exemption, liquidity and stable net value. Among them, for institutional customers, there are still tax exemption and liquidity demands, so there is little demand for reducing the holdings of money funds. However, for non-institutional investors, because the stability of the net value of the money fund will be obviously weakened, there is a demand to reduce the holdings of the money fund. (SSE)
Strategy guide
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Strategy guide