A shares evening hot spots | Shenzhen's heavy release! Low-altitude economy welcomes another catalyst

1.0 Version is here! Shenzhen releases low-altitude economic standard system Importance: On December 25th, the first plenary meeting of the Shenzhen Low-Altitude Economic Standardization Technical Committee was held at the Shenzhen Transportation Bureau. During the meeting, the Shenzhen Transportation Bureau and the Shenzhen Market Supervision Bureau jointly released the "Shenzhen Low-Altitude Economic Standard System Construction Guidelines (V1.0)", marking another important milestone in the standardization of low-altitude economic development in Shenzhen. The introduction of this system will play an important role in promoting the standardized development of industries, ensuring public safety, and promoting the integration and coordinated development of industries, helping Shenzhen compete for the title of the "First City of Low-Altitude Economy." 2. Cryptocurrency volatility increases, over 100,000 people liquidated, total amount exceeds 2.4 billion dollars Importance: Last week, the price of Bitcoin briefly exceeded $108,000, then experienced a sharp decline over the following days. On Monday of this week, the price of Bitcoin dropped to a low of $92,500, then rose back above $98,000 on Tuesday, and briefly surged to $99,900 on Thursday. However, as of the time of writing, Bitcoin had fallen below $97,000, a drop of nearly 2% within 24 hours. With such drastic price fluctuations, many individuals were liquidated. According to Coinglass data, over 100,000 people were liquidated within the past 24 hours, with a total liquidation amount exceeding $2.4 billion. It is worth noting that on Friday of this week, the largest-ever Bitcoin options contracts will expire, with a total value of $14 billion, which may lead to significant fluctuations in the cryptocurrency market. 3. National Bureau of Statistics: Revised GDP for 2023 increased by 3,369 billion yuan, growth rate at 2.7% Importance: According to the National Bureau of Statistics website, in accordance with the decisions and deployments of the Central Committee of the Communist Party of China and the State Council, various regions and departments have conscientiously implemented the "National Economic Census Regulations" and the "Notice of the State Council on Conducting the Fifth National Economic Census" (State Council Document No. 22 of 2022), coordinated planning and promotion, strengthened coordination and cooperation, and orderly carried out the fifth national economic census. 3. Economic powerhouses set the working direction for next year, Shandong will implement a number of information service industry projects Importance: Currently, five economic powerhouses including Shandong, Jiangsu, Sichuan, Zhejiang, and Henan have held economic work conferences, and the largest economy in China, Guangdong, will also hold the provincial Party Committee economic work conference on December 30. Shandong and Zhejiang have explicitly stated the development of new productive forces according to local conditions and put forward specific focus areas. For example, Shandong proposes to further increase the contribution of the service industry, accelerate the development of high-end service industry, and implement key projects in the information service industry; Zhejiang promotes the deep integration of science and technology innovation and industrial innovation, builds the "415X" advanced manufacturing cluster, constructs a global advanced manufacturing base, and creates a modern industrial system. 5. Eve Energy Co., Ltd. becomes Tesla's 6th battery supplier Importance: Before this year, Contemporary Amperex Technology was the sole supplier of Tesla's energy storage factory in the United States. Musk mentioned in the first quarter earnings call this year that there was an oversupply in the battery industry, and Tesla would consider introducing more battery suppliers to reduce procurement costs. Eve Energy Co., Ltd. is the sixth battery supplier found by Tesla. Prior to this, Tesla had made supply agreements with Panasonic, LG Chem, Contemporary Amperex Technology, BYD Company Limited, and Sunwoda Electronic; Eve Energy Co., Ltd. is also the third company to supply energy storage batteries to Tesla in the United States, in addition to Contemporary Amperex Technology and BYD Company Limited. An insider stated that even with the expansion of suppliers, Contemporary Amperex Technology remains Tesla's largest supplier in the energy storage business. 6. IPO regulation strikes hard: Shanghai and Shenzhen Stock Exchanges issue 135 "penalties" within the year, doubling year-on-year Importance: Under the policy tone of stringent control over IPO "entry gate" and "application equals responsibility", this year, the Shanghai and Shenzhen Stock Exchanges have significantly increased their supervision of violations during the IPO process, especially disciplining actions with "red cards" witnessing a substantial increase, pressing firmly on the responsibilities of issuer information disclosure and intermediary agency verification. Based on preliminary statistics from the Shanghai and Shenzhen Stock Exchanges' websites provided by Yicai, this year the two exchanges issued disciplinary actions 53 times and regulatory measures 82 times against issuers' information disclosure issues and intermediary agency professional issues in IPO and refinancing projects, with the number of "penalties" increasing significantly by 3.8 times and 1.1 times compared to last year. 7. Biden condemns Russia's "Christmas attack", instructs Pentagon to increase aid to Ukraine On Wednesday (25th), Eastern Time, US President Biden condemned Russia's latest attack on Ukraine on Christmas Day, calling the missile and drone strikes "sickening." He has instructed the Pentagon to continue expanding weapons supplies to Ukraine. In a statement, Biden said, "The purpose of this sickening attack is to cut off the Ukrainian people's heating and electricity in the winter, and endanger the security of their power grid." "Let me be clear: the people of Ukraine should live in peace and security, and the United States and the international community must continue to stand with Ukraine until it defeats Russia's aggression," he added. HeIt was also pointed out in the above statement that in the past few months, the United States has provided Ukraine with hundreds of anti-aircraft missiles and stated that "more equipment is being shipped."2. The political situation in South Korea is getting chaotic! The acting president will face impeachment tomorrow, and the applicable rules are still unclear. As 2024 is coming to a close, a new chapter has opened in the political turmoil of South Korea. According to reports from local media such as the Korean News Agency, the largest opposition party in South Korea, the Minjoo Party, has submitted a motion to impeach the Acting President, Han Deok-soo, after he refused to approve the nomination of a Constitutional Court judge. A vote is planned for Friday. It is reported that this is an unprecedented impeachment case for an acting president in South Korea. As of the time of writing, there is still a heated debate in South Korea over what legislative standards should be used for the impeachment case. Due to the ongoing political instability, the South Korean won continued to depreciate to its lowest point since 2009 on Thursday. 3. Countdown to the launch of NVIDIA's new product: The new "nuclear bomb" RTX 5090 is about to arrive At 10:30 am on January 7th next year, Beijing time, Huang Renxun will announce the RTX 50 series graphics cards based on the Blackwell architecture at the CES opening speech in Las Vegas. The first release will include the 5090 and 5080, and the 5070 Ti and 5070 may also make an appearance, but their release date will be later. Although the specifications of the new graphics cards have been leaked multiple times, a photo of the "5090 PCB board" on the technology forum Chiphell this week still provides a fresh perspective. According to previous leaks, the GB202 chip area used in the RTX 5090 graphics card will reach 744 square millimeters, an increase of 22% compared to the AD102 of the 4090. The 16 solder pads around the GPU also correspond to the leaked 32GB memory. In addition, the following sectors are also worth paying attention to: 1. Xiaomi is building a GPU cluster and will focus on investing in AI large models. 2. Real estate: The Guangdong Housing Association proposes to continue carrying out actions to promote consumption of Guangdong commercial housing at the end of the year and the beginning of the year. 3. Siasun Robot & Automation: GoMate, the third-generation intelligent humanoid Siasun Robot & Automation, released by Guangzhou Automobile Group. 4. Grain economy: Statistics show that in 2024, China's "grain economy" market size reached 168.9 billion yuan, a year-on-year increase of over 40%. In terms of positive aspects, Self-Selected Brother suggests focusing on Power Construction Corporation of China, Ltd. signing a nearly 7.1 billion engineering contract; in terms of negative announcements, pay attention to the risks mentioned by the 3 consecutive boards of Zhejiang JiHua Group and so on.