AuAg Funds: It is estimated that the target price of gold in 2025 is 3,000-3,300 US dollars per ounce. Eric Strand, CEO of AuAg Funds, said in an interview with the media on Tuesday that the target price of gold in 2025 is expected to be 3,000-3,300 US dollars per ounce. Eric Strand said that in 2024, the price of gold exceeded market expectations, hitting $2,790 per ounce in October, although the market has since fallen back. He stressed that the central bank's interest rate cuts and continued inflation will push the price of gold to 3,000-3,300 US dollars per ounce in 2025. The change of gold/silver ratio shows that the price of silver still has the potential to continue to rise. He also said that regional tensions, persistent inflation and consumption growth of the middle class in emerging markets will continue to push gold and silver prices higher.Xiaomi Auto Elite Driving Activity started. According to Xiaomi News, Xiaomi Auto Elite Driving Activity is now open for registration, and the registration fee is 9999 yuan. Participants will receive a 9999 yuan deposit gift certificate for Xiaomi SU7 Ultra, enjoy a professional track and drift experience, and get a professional certificate after the event.Daiwa Capital Markets: The price of lithium may fall further in the first half of 2025. Daiwa Capital Markets said in a research report to customers that the global lithium supply is expected to increase by 12-28% in 2025-2026, which is due to the increase in production in major regions such as Argentina, Australia and Africa. However, the team warned that lithium prices may still be under pressure due to oversupply. At present, the price of LCE (lithium carbonate equivalent) in China is about 78,000 yuan/ton, but Yamato predicts that the price of LCE will be reduced to 75,000 yuan/ton by 2025 due to the increase in the output of low-cost mines. Yamato said: "The current price of lithium is not enough to prevent low-cost mines from increasing production." The demand for lithium, especially for electric vehicles (EV) and energy storage systems (ESS), is expected to slow down. Yamato believes that the slowdown in demand growth, coupled with the increase in supply, indicates that lithium prices may be difficult to maintain their recent highs.
In the first 11 months of this year, the national railway construction made a new breakthrough. Since this year, the construction of railway projects in many places in China has made a new breakthrough. The reporter learned from China National Railway Group Co., Ltd. that from January to November this year, the national railway completed fixed assets investment of 711.7 billion yuan, up 11.1% year-on-year, and the construction of modern railway infrastructure system was promoted with high quality, which gave full play to the effective driving role of railway investment in the whole society. Recently, a number of railway projects have been opened or will be opened soon: the Milan-Ruoqiang section of Lop Nur-Ruoqiang Railway has been opened for operation; Shanghai started trial operation via Suzhou-Huzhou high-speed railway, Jining via Datong-Yuanping high-speed railway, and Huairou-Daxing intercity railway from Langfang North to Daxing Airport. At the same time, the railway department promoted railway construction with high quality and efficiency, strengthened safety, quality, environmental protection and investment control, and made positive progress in a number of key projects. (Xinhua News Agency)The net outflow of the main market exceeded 10 billion.Hangzhou Gaoxin: Liaoning Zhongke plans to reduce its shareholding by no more than 1%. Hangzhou Gaoxin announced that Liaoning Zhongke, a shareholder holding 5.68%, plans to reduce its shareholding by no more than 1,266,700 shares through centralized bidding or block trading within 3 months after 15 trading days from the date of announcement, accounting for 1% of the company's total share capital. The reason for the reduction is the shareholders' own capital turnover demand. Liaoning Zhongke currently holds 7.1933 million shares of the company, accounting for 5.68% of the total share capital. The reduction plan will be implemented according to the market situation and stock price, and will not affect the company's control and going concern. The company will urge it to implement the reduction plan legally and in compliance and fulfill its information disclosure obligations.
General Administration of Customs: Import and export of general trade and processing trade increased. According to customs statistics, in the first 11 months, China's general trade import and export was 25.5 trillion yuan, an increase of 3.7%, accounting for 64.1% of China's total foreign trade. Among them, the export was 15.04 trillion yuan, up by 7.9%; Imports reached 10.46 trillion yuan, down 1.8%. In the same period, the import and export of processing trade was 7.22 trillion yuan, up by 3.6%, accounting for 18.1%. Among them, exports were 4.58 trillion yuan, an increase of 1.8%; Imports reached 2.64 trillion yuan, up 6.9%. In addition, China's import and export by bonded logistics was 5.64 trillion yuan, an increase of 13%. Among them, exports were 2.2 trillion yuan, an increase of 10.9%; Imports reached 3.44 trillion yuan, up by 14.4%.Huaxi Energy: There were 35 lawsuits and arbitrations in 12 consecutive months, with a total amount of 113 million yuan.A new version of the game Black Myth: Wukong was released, adding challenging gameplay. On December 10th, the game Black Myth: Wukong released an update announcement of version 1.0.12.16581, and launched challenging gameplay, travel map and other contents on the Epic platform. The update time is 16:00 on December 10th, 2024, Beijing time, and other platforms will be updated one after another.