The major economic data, events and company results for this week (12.25-12.29) are as follows:
In terms of economic data, investors can pay attention to the number of initial jobless claims in the US announced on Thursday. Furthermore, the US will successively announce the annual rate of the housing price index for the S&P/CS20 major cities and the monthly rate of the existing housing contract sales index. The market expects the US property market to continue to pick up.
In terms of financial events, the US stock market will be closed on Monday, and the Hong Kong stock market will be closed for two days on Monday and Tuesday. Due to the Christmas holidays, the market focus may be on Japan. Bank of Japan Governor Kazuo Ueda will deliver a speech on Monday, while on Wednesday the Bank of Japan will publish a summary of opinions from the latest meeting.
In terms of IPOs, Becker Micro and Premium Choice will be listed on the Hong Kong Stock Exchange on Thursday and Friday, respectively.
Monday, December 25th
Keywords: Hong Kong and US stock market closure, Bank of Japan Governor's speech
There is not much to pay attention to on Monday. In terms of financial events, Bank of Japan Governor Kazuo Ueda delivered a speech at the Tokyo Federation of Economic Groups meeting.
In addition, US stocks and Hong Kong stocks were closed on Christmas Monday, and trading on Hong Kong Stock Connect and Shanghai-Shenzhen Stock Connect was suspended.
Tuesday, December 26th
Keywords: US S&P/CS20 major city housing price index annual rate, Hong Kong stock market closure
On Tuesday, in terms of economic data, investors can pay attention to the monthly rate of the US FHFA housing price index for October and the annual rate of the US S&P/CS20 major city housing price index for October.
In terms of financial events, the Hong Kong stock market continued to be closed for one day on Tuesday, while Hong Kong Stock Connect and Shanghai and Shenzhen Stock Connect suspended trading.
Wednesday, December 27th
Keywords: annual profit margins of industrial enterprises above the scale of China, summary of opinions of members of the Bank of Japan monetary policy meeting
On Wednesday, in terms of economic data, investors can focus on the annual profit margins of industrial enterprises above the size of China.
In terms of financial events, the Bank of Japan announced a summary of the opinions of the reviewers of the December monetary policy meeting. At this meeting, the Bank of Japan kept its policy unchanged and refuted claims that austerity would begin soon. Kazuo Ueda stressed that they will not be in a hurry to take any action and will generally take prudent measures, which crushed the Japanese yen bullish hopes. Investors will want to get more clear information from the summary of opinions, specifically whether all Bank of Japan officials hold this view, or whether some of them prefer to tighten their policies next year.
Thursday, December 28th
Keywords: the number of jobless claims in the US at the beginning of the week, the monthly rate of the US existing housing contract sales index, Beck's micro listing
On Thursday, in terms of economic data, the US will announce the number of initial jobless claims and the monthly rate of the existing home contract sales index. The US property market is showing signs of recovery recently. Bill Adams, chief economist at Comerica Bank, told the media that the growth of the construction industry bodes well for the 2024 economy: “The decline in long-term interest rates will help the growth of single-family and multi-family housing construction next year, thereby boosting overall economic growth and reducing the possibility of a recession.”
In terms of new shares,$BATELAB (02149.HK)$It is expected to be available on Thursday. According to the prospectus, Beck Microelectronics is one of the providers of analog IC pattern wafers enjoying an important position in the domestic market. It is worth noting that on the eve of listing, the company obtained shares from BYD.
Relevant information:IPO | Beckmicro is now offering shares and is expected to go public on December 28
Friday, December 29th
Keywords: Chicago PMI, USA, Preferred Listing
On Friday, in terms of economic data, the US EIA crude oil inventory and the US Chicago PMI will be announced.
In terms of new shares,$UBTECH ROBOTICS (09880.HK)$It is expected to be available on Friday. Premium Choice is a well-known robotics company headquartered in China, dedicated to the design, production, commercialization, sales, marketing, and R&D of intelligent service robots and intelligent service robot solutions. The company's products are equipped to various degrees with intelligent functions that sense, interact, analyze and process human commands and the external environment (such as mapping, temperature measurement, and face recognition), covering consumer-grade robots and appliances, enterprise-grade intelligent service robots and intelligent service robot solutions customized for education, logistics and other industries.
Relevant information:IPO | “The first stock of humanoid robots” must be selected to be listed now, and is expected to be listed on December 29
Good luck with your investments in the new week!
Editor/Jeffy