Market News: The European Central Bank is prepared to cut interest rates by 25 basis points at the next two meetings.Apple is said to start producing a key wireless chip currently provided by Broadcom next year. Apple's ambition to use self-developed components on its equipment will include switching to Bluetooth and Wi-Fi connection chips developed by itself from next year, which will replace some components currently provided by Broadcom. According to informed sources, this chip code-named Proxima has been developed for several years, and now it is planned to start the first batch of production in 2025. Like other self-developed chips of Apple, Proxima will be produced by its partner TSMC. This plan is independent of Apple's much-anticipated plan to replace the Qualcomm wireless modem, but the two parts will eventually work together. People familiar with the matter said that Apple's goal is to develop an end-to-end wireless solution that is tightly integrated with other components and more energy-efficient.The self-built valuation model of bank wealth managers has met with "standardization": some institutions have re-adopted the strategy of excess return of the bank's tier-2 capital bonds with the valuation system of China Securities and China Securities, and recently, the regulatory authorities issued a document to the bank wealth management subsidiary, demanding that the self-built valuation model should not be used to smooth the net value fluctuation, and the valuation standards provided by third parties such as China Securities and China Securities should be adopted, and self-inspection and rectification should be carried out. The purpose of this move is to prevent the bank's wealth management subsidiaries from adjusting product income through self-built models, and to carry out "fund pool" business in disguise to ensure market fairness. At present, a number of bank wealth management subsidiaries have received this document, and have begun to adjust the net value calculation methods of day-opening and closed wealth management products, and re-adopt third-party valuation for investment products such as bank tier 2 capital bonds. A person from a bank financing subsidiary told reporters that he heard that the financial supervision department held a small-scale meeting last week, asking the bank financing subsidiary to respect the new asset management rules and not to violate accounting standards. In addition, the relevant departments also require the financial subsidiaries of banks that have used the self-built valuation model to carry out rectification, and the financial subsidiaries that have been notified shall submit corresponding rectification plans and measures reports within one month. In the view of the above-mentioned bank wealth managers, it is not excluded that some bank wealth management subsidiaries have lowered the allocation ratio of bank tier-2 capital bonds due to the influence of regulatory policies, because when the self-built valuation model is "standardized", the strategy of over-allocating bank tier-2 capital bonds to obtain excess returns becomes increasingly difficult when the net product value fluctuates relatively smoothly. (per meridian)
Bitcoin fell below $100,000/piece, down 1.15% in the day.The Dow Jones Industrial Average is now at 43,983.32 points, down 165.24 points.Israel pressured the Palestinian National Authority to search for militants. The Palestinian National Authority admitted on the 12th that Palestinian security forces killed a 19-year-old civilian man during an operation in the West Bank city of Jenin earlier this week. Palestinian Islamic Resistance Movement (Hamas) accused the Palestinian National Authority of searching for "resistance fighters" and said that Palestine should avoid internal conflicts. According to Israeli media reports, the Israeli side pressured the Palestinian National Authority to intensify the search, and threatened that if the Palestinian security forces could not do it, the Israeli army would do it. (Xinhua News Agency)
Blinken said that the United States is trying to bring back the citizens found in Syria. When meeting in Jordan to discuss the political transition in Syria, US Secretary of State Anthony Blinken said that the United States is trying to bring back an American citizen found in Syria on Thursday.BMO raised the target price of Chevron from $170 to $175.Boeing: The expansion plant in Charleston County is expected to be put into operation in early 2027.
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14