Today's focus
According to press reports, the ministry of foreign affairs decided to take counter-measures against 20 u. S. Military-industrial-related enterprises and 10 executives. The spokesman for the ministry of foreign affairs stated that china once again urged the united states side to desist from its dangerous acts of arming taiwan, from undermining peace and stability in the taiwan strait and from sending the wrong signal to the separatist forces of “taiwan independence”。
On 26 december, the people's bank of china issued its financial stability report (2025). The report suggests that efforts are being made to improve the institutional and policy environment conducive to “long-term investment”, to significantly increase the size and proportion of real investment stock a for all types of medium- and long-term finance, and to work towards a virtuous circle of medium- and long-term capital preservation value added, smooth and healthy capital markets and high-quality real economic development。
On 26 december, the people's bank of china and the state foreign exchange administration jointly issued a circular on matters relating to the operations of the foreign currency integrated pool of transnational corporations, which promotes the foreign currency integrated pool of transnational corporations throughout the country. The circular is in force from the date of its issuance. By the end of september, 98 tncs had conducted operations in local currency integrated pools, benefiting nearly 5,000 member enterprises both within and outside the country。
1. The national statistical office issued a bulletin on 26 june, which finally verified that, in 2024, the current value of GDP amounted to 13,480. 6 billion yuan, a decrease of 101. 8 billion yuan over the initial accounting figures; in constant prices, it increased by 5. 0 per cent over the previous year, which is the same as the initial accounting figures。
Ministry of industry and information technology: the industrial economy was well advanced in 2025, with an increase of 5. 9 per cent in the value added of industries above scale projected for the year。
3. On 26 december, the director of the national development and reform commission zheng zheng zheng zheng zheng zheng, chaired a symposium on private enterprises, which was held to follow up on the decision-making of the central economic work conference and to hear the views of private enterprises on how to do business well next year。
The ministry of finance, the ministry of human resources and social security, the people's bank of china and the general directorate of financial supervision issued, on 26 june, " guidance for the further development of the role of the government's financial guarantee system to enhance support for job creation " 。
5. The central network office has recently issued a circular on the regulation of the conduct of networked eminent persons ' accounts, which establishes a negative list of the behaviour of networked eminent persons ' accounts, specifying the boundaries of conduct。
6. The general directorate of market supervision (dgmc) is conducting compliance guidance for price competition in the light-voltaic industry at anhui fat. Photovoltaic enterprises should strictly prohibit unfair price behaviour, such as price fraud, and firmly refrain from unfair competition, such as false propaganda and commercial bribery。
7/ on the same day, the press spokesman for the ministry of ecology and environment, with the approval of the state council, issued a joint programme of action for the construction of the beautiful chinese pioneer areas in the three regions of kyonzu, the long triangle and the bay of australia。
The ministry of industry and information technology, in deploying its 2026 priorities, has proposed an in-depth implementation of a new round of steady growth programmes for the 10 priority sectors, promoting the high-quality development of the mineral resource industry with its distinctive advantages, building new support industries, promoting the “advisory plus manufacturing” initiative, and in-depth control of “inner-roll” competition。
In the afternoon of 9-26, china's first l3-class self-driving official-carded vehicles, 46 of them carrying the l3-class self-driving system, were travelling on the official scale of chongqing。
On 10 and 26 october, with the opening of the sian-yenan goo iron operation, chinese high iron business miles exceeded 50,000 kilometres。
Investment highlights
On 26 december, the 8th yenyang was recorded on the scale v. By the time of closing, the finger was 0. 1 per cent higher and the finger was 0. 54 per cent higher and the plate was 0. 14 per cent higher. The concept of commercial space has re-emerged, with swords and swords seven companies and chinese satellite three companies。
On 2 and 26 march, the national entrepreneurship investment orientation fund was officially launched, and three regional funds were set up and operated, namely, the kyojin foundation for entrepreneurship investment, the long triangle facility for investment in entrepreneurship and the hong kong sar fund for entrepreneurship investment。
On 26-26 march, the deepest exchange issued a simultaneous circular announcing the introduction of a 2026 series of fee reductions。
4. The people's bank of china and the state foreign exchange administration jointly issued circulars to further facilitate efficient financing of domestic enterprises in offshore financial markets。
5- the shanghai stock exchange has issued the guidelines for the application of the shanghai stock exchange rules for the review of listings and issuances. - commercial rocket companies apply the fifth listing standard to the sbv, detailing the application of the fifth listing standard to commercial rocket companies。
6. In recent years, the share a market has continued to optimize its red ecology, with an increasing trend in total shares and the number of companies participating in it. As of 26 december, the total cash share of a-listed companies since the current year, according to data from the same flower ifind, amounted to $263. 541 billion, exceeding the full year of 2024 and updating the record。
On 26 december, copper futures prices rose strongly, breaking the 99,000 yuan/tonne level in one way or another, to record highs. On the same day, one of the world's largest producers of copper sheeting (ccl) (01888. Hk) announced a flat 10 per cent increase in all company material prices as a result of the boom in copper prices and the tight supply of glass sheeting。
Company movement
For the third year in a row, yangjiang pharmaceutical holdings ltd. (*st long medicine) has increased earnings and profits by a fine of $10 million, a total fine of $31 million for 14 persons responsible, and a life-long securities market ban on the company's former general manager, roming。
2- china announced the launch of the sixth olympus 2025 olympus award advantage. This year, a 3 million yuan bonus pool was set up to focus on the storage challenges of the ai era。
3. The development of flats: companies and holding subsidiaries intend to use idle funds to purchase property items, up to a maximum of rmb 500 million。
China is exempt: the wholly owned subsidiary won the beijing capital international airport tax-exempt clause no. 01, with a first year's insurance fee of rmb 480 million。
5. Peng cars: strategic cooperation with mauritius partners was concluded in december to formally enter the mauritian market。
Toyota vehicles: there are plans to produce more than 10 million vehicles globally next year。
International developments
On december 26th, the united states share fell slightly by 0. 09 per cent and rose by 1. 22 per cent this week; the road value dropped by 0. 04 per cent and increased by 1. 2 per cent this week; and the standard 500 index fell by 0. 03 per cent and increased by 1. 4 per cent this week. The jin long index of china in nasdaq rose by 0. 72 per cent, and this week by 0. 64 per cent。
2. International innovation is high. Comex gold futures and spot golds rose by more than 1 per cent and this week by about 4 per cent; comex silver and cash futures increased by more than 10 per cent, and this week by about 18 per cent. Cash withdrawals increased by 14 per cent and by 12 per cent this week, while cash withdrawals increased by 10 per cent and by 24 per cent this week。
According to press reports, according to the japanese side, about jpy 56 billion of the 2026-dollar budget approved by the government of japan will be used to increase ammunition depots. The ministry of defence of japan plans to add approximately 130 ammunition depots by around 2032. This has caused concern and opposition among the local population。
According to the press, on 26 december, local time, the korean “kin jianxi special inspection unit” filed a complaint against mrs. Kim jianxi of former president yoon seong-hyo for violating the provisions of the act on aggravated bribery for good offices in relation to specified offences。
According to the press, on 26 local time, president zelensky of ukraine stated that if russian president putin agreed to a 60-day ceasefire, he would submit the entire “peace plan” to a referendum in ukraine。
Nan kei's selection
“100 billion” cash, high-end housing in the first-line cities
Since this year, there have been high-profile housing projects in four large northern and deep cities: in the first 11 months of this year, shanghai house i recorded $22,191 million in sales, while the shanghai carrying mausoleum court also recorded $21,646 million in sales. The single-day sale of shenzhen bay in guangzhou, which opened in november this year, exceeded $10. 6 billion; and the subsequent single-day sale of shenzhen bay amounted to $13 billion, updating this year's national record of single-disc sales. Beijing and huoyun also recorded $9,153 million in sales during the first 11 months of this year。
2. Deep-deep banking “skinned”
According to the enterprise early warning system, as at 26 december, 394 banking institutions had been approved to withdraw from the market by consolidation and dissolution in 2025. Economic reporters in the twenty-first century have further refined the figure by showing that, in vertical comparison, it is double the total for the year 2024. According to the chinese report, the number of banking institutions reduced by nearly 550, including through merger reorganization, in 2024 to 2025, if the timeline is extended, is higher than the sum of the previous seven years。
