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2024-12-13 04:43:18

Market news: Russia may use new medium-range ballistic missiles to Ukraine.Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.COMEX silver futures rose 1.0% in the day to $33.09 per ounce.


Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.Alaska Airlines Group shares rose 3.35% after at least three brokers raised their P/E ratios.The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.


Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.Market analysis: The US CPI report is in line with expectations, and the stock market will breathe a sigh of relief. Wasif Latif, chief investment officer of Sarmaya Partners, said that according to the latest US CPI report, the market will not be further impacted. Everything is in line with expectations, and the stock market seems to breathe a sigh of relief, because this is another steady report with no surprises. The stock market seems to be ready for higher-than-expected data, but since there is no accident, the market is relieved. Although the short-term bond market has some reaction, the long-term bond market has no reaction.Fosun Travel responded to privatization: a transitional measure focusing on the light asset model. Following the change of CEO, Fosun Tourism Culture Group (hereinafter referred to as "Fosun Travel") started the privatization process again. On December 11th, in response to Fosun Travel's plan to privatize and delist Hong Kong stocks, Fosun Travel responded that this privatization proposal is based on the decision made by the company's long-term development, and the company will pay more attention to the transition of light asset model. After the privatization is completed, Fosun Travel will continue to maintain the normal operation of its existing business. Nowadays, for Fosun Travel, it can be said that it has reached a "crossroads" of transformation. Some experts in the industry have analyzed that at this time of privatization, Fosun Travel may have transformation needs, and the current low valuation of Hong Kong stocks will allow enterprises to maintain their stock prices at more cost. In fact, in recent years, some tourism enterprises have been privatized and delisted, but when making privatization decisions, they still have to weigh the pros and cons. (beijing business today)

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