The output of platinum jewelry in China decreased by 12% year-on-year in the third quarter. Antaike reported that according to the statistics of the International Platinum Association, the output of platinum jewelry in China decreased by 12% year-on-year in the third quarter, which was worse than the decline of 7% in the second quarter. Among them, the output of plain platinum jewelry, which accounts for more than 98% of the total output of platinum jewelry, fell by 9% year-on-year in the third quarter, while the output of platinum inlaid jewelry continued to decline sharply. Platinum is still in a relatively weak position in the rapidly changing market environment today. Platinum category lacks innovation, such as breakthrough design and new technology. Retailers lack enthusiasm, low profits and slow turnover. Old general goods still account for the vast majority, which are unsalable seriously. Innovative products and sets of products have a faster turnover and higher profits, but their market share is still not high.National Development and Reform Commission (NDRC): We need to further strengthen the effective consumption promotion policies and support them with greater efforts. Wu Sa, deputy director of the Institute of Economics of the Macroeconomic Research Institute of the NDRC, said that it should be said that we have accumulated more and more experience in promoting consumption this year, whether it is the stock policy or the package of incremental policies. For example, the "two new" policy and the trade-in policy of consumer goods have greatly promoted the growth of consumption. This economic work conference also clearly pointed out that the effective consumption promotion policy should be further strengthened, and the scope should be expanded, the quality should be improved, and more efforts should be made to support it, which will inevitably bring better efforts to the consumption growth of household appliances, various household appliances and so on next year. In addition, this economic work conference also put forward many new policies to promote consumption, which will also affect the improvement of our consumer market next year, so it will have a greater supporting role for the consumer market next year. (CCTV News)Market News: A 6.6-magnitude earthquake occurred in Moller, Chile.
Wafer factory "bargains for orders"? Insiders: It's not so exaggerated that there is no need for drastic price reduction at present. Recently, some industry media reported that the Chinese mainland wafer foundry has overflowed its capacity and is striving for more IC design factory orders to return at a low price discount. A manager of Chinese mainland Head Wafer Factory told reporters that the actual situation was "not as serious as reported by the media, and not so exaggerated". The source said that since the fourth quarter of this year, the quotation of its wafer factory has been "stable at present". In the fourth quarter, product orders from display drivers, power management and other categories were "not bad", and the market demand was similar to that previously publicly disclosed. The independent control of the mainland market is still the main theme. It is understood that the fourth quarter is usually the "off-season" of the wafer foundry industry, and downstream customers will review the sales plan at the beginning of the year, and they are not willing to stock up and receive goods. A person from a consumer chip company in Chinese mainland said, "Fab factories generally adjust prices according to market supply and demand." Yang Shengxin, a senior analyst of Sigmaintell's semiconductor business unit, said in an interview that according to the observation of Sigma Intell, Chinese mainland's wafer factory decreased by about 5% in the fourth quarter of 2024, and concentrated on 12-inch products; The price of China Taiwan Province Wafer Factory has not changed significantly. (science and technology innovation board Daily)Kress, the chief financial officer of NVIDIA, sold shares and cashed in $9.03 million.Challenging the monopoly of Europe and America, Chinese and Indian manufacturers have laid out the track of diet pills. For some time, GLP-1 (glucagon-like peptide -1) diet pills have caught fire in the United States and other western countries, and gradually marched into emerging markets. At present, two major pharmaceutical companies, Novo Nordisk in Denmark and Lilly in the United States, occupy most of the market share in the field of GLP-1 diet pills, but other pharmaceutical companies are also actively deploying the track. In 2026, Novo Nordisk's patent on smeagoutide will expire in China and India, while the patent on liraglutide, the main effective ingredient of the previous generation of GLP-1 diet pills, has expired in China and India. The industry believes that China and India, as two emerging markets, have a strong momentum of innovation and development in the pharmaceutical industry of both countries, and have great potential in the GLP-1 diet pills track. The entry of Chinese and Indian pharmaceutical companies will make the international competition in the field of GLP-1 diet pills more intense. (Global Times)
In the first two weeks of December, Wuhan sold a total of 22 residential plots, with a total investment of more than 11 billion yuan. In the first two weeks of December, Wuhan has carried out three batches of residential plots, with a total investment of more than 11 billion yuan. On December 13th, Wuhan successfully sold six residential plots, including one in Hanyang District, East Lake High-tech Zone, Hongshan District and huangpi district, and two in Qingshan District. The total land area of 6 plots is 214,964 square meters, the total planned construction area is 726,285.4 square meters, and the total starting price is 5.457 billion yuan. In the end, all six plots were sold at the reserve price, with a total income of 5.457 billion yuan, including Yangchun Lake in Hongshan District, OCT, and Hanyang District, Wuhan Huijing Real Estate, a private enterprise.Syrian Human Rights Watch: Israeli troops attacked many places in Syria. According to Syrian Human Rights Watch's early morning news on the 14th local time, Israeli troops attacked the Kasong Mountain area in Damascus, the Syrian capital, the Harhala military airport in Suweida province in southern Syria and the military factory in Mesyaf, Hama province in western Syria on the evening of 13th. The Israeli military has not responded to this.NASDAQ Corporation: The annual adjustment results of Nasdaq 100 index constituents will take effect before the opening on Monday, December 23rd.