Trump allies say the impeachment case may end the process in January 2020; Goldman Sachs Group: if the Democratic Party wins the 2020 election, US stocks may pull back sharply; US Treasury Secretary: the United States has not weaponized the US dollar; Lu Weibing responded that "XIAOMI's low price is a mistake to the country". Dong Mingzhu shouted Lei Jun again; Ping an Group's "Unicorn" broke on its first day of listing.

Hot news

• The State Council: it will not impose tariffs on some imports originating in the United States for the time being.

Tariff Commission of the State Council:In order to implement the results of the recent consultations between China and the United States on economic and trade issues, tariffs of 10% and 5% will not be levied on some imported goods originating in the United States that were originally planned to impose tariffs at 12:01 on December 15.Tariffs on cars and parts originating in the United States will continue to be suspended. In addition to the above-mentioned measures, other tariff measures on the United States and Canada continue to be implemented in accordance with the regulations, and the exclusion of goods levied by the United States and Canada continues to be carried out.

China hopes to make joint efforts with the United States on the basis of equality and mutual respect to properly resolve each other's core concerns and promote the stable development of Sino-US economic and trade relations.

• Us Treasury Secretary Mnuchin says the United States has not weaponized the dollar

U.S. Treasury Secretary Stephen Mnuchin (Steven Mnuchin) on Saturday rejected claims that the Trump administration is weaponizing the dollar through trade restrictions on other countries.

"Let me be clear: we are not weaponizing the dollar. Mnuchin said at the Doha Forum in Qatar. "if anything, I'd say just the opposite. I have a huge responsibility that people use the dollar as the world's reserve currency, and the dollar is quite strong-sometimes the president says the dollar is too strong. "

Mnuchin added, "the dollar is stronger because of the US economy, because people want to hold the dollar and the security of the dollar." "

• Trump allies say impeachment may end in January 2020

Republican Senator Lindsey Graham, chairman of the Senate Judiciary Committee and known as a close ally of President Trump, said he would do his utmost to quickly end the investigation into impeaching Trump in the Republican-led Senate.

In his opening speech at the forum, Graham predicted that the process of impeaching Trump would end around mid-January 2020. "personally, I think Trump will become stronger from this incident, and the good news is that everyone in American politics needs to prove to the American public that we are not all completely crazy. Therefore, after the impeachment investigation, there may be a spirit of compromise, which is born out of political needs, "he said.

• Goldman Sachs Group: if the Democratic Party wins the 2020 election, US stocks may adjust sharply.

An analyst at Goldman Sachs Group (Goldman Sachs) said that if the Democratic Party wins a resounding victory in the 2020 election, it could have serious consequences for the stock market, or there will be a "major adjustment". Timothy Moe, co-director of Asian macro research at Goldman Sachs Group, said earnings for S & P 500 companies could fall by about 12 per cent in 2021 if the Democrats controlled the White House and the House and Senate.

This is because the Democratic-controlled government will most likely repeal President Trump's biggest legislative achievement, the 2017 tax cuts and Employment Act, which reduces the top corporate tax rate from 35% to 21% and temporarily lowers the personal tax rate.

• The Johnson administration expects the British Parliament to vote on the Brexit Bill before Christmas.

British Prime Minister Boris Johnson will "complete Brexit" by January 31 and then reach a new trade agreement with the EU by the end of 2020, Michael Gove, the cabinet minister, said on Sunday, vowing to meet the government's top priorities.

Rishi Sunak, the UK chancellor of the exchequer, said the government planned to resubmit the draft Brexit agreement to parliament for approval before Christmas.

• The report says half of Huawei's 5G contracts come from Europe, and more than 20 European countries choose Huawei equipment.

Recently, analyst Michael counted the number of European countries that chose Huawei 5G equipment, which has now reached 21 countries or regions, and this information has also been confirmed by Huawei Europe.

European countries and regions have always been important customers of Huawei. Huawei previously revealed that as of October this year, Huawei had signed 65 5G commercial contracts worldwide, of which 32 came from Europe, accounting for half.

• The box office of the Spring Festival may increase by more than 15%.

According to the Volkswagen Securities News, with the increase in the share of the Spring Festival at the box office throughout the year, the Spring Festival has become one of the most important periods in the film market throughout the year. So far, nine domestic blockbusters have taken part in the battle for the strongest box office of the year. Analysts believe that in the case of piracy in 2019 and a low base at the box office, the quantity, quality and type of the Spring Festival in 2020 are all considerable, and it is expected to achieve a higher box office growth rate, which is expected to reach 6.8 billion yuan in neutral cases, an increase of 15%.

Review of US stocks

• Ping an Group's Unicorn fell below its offering price on the first day of listing.
  

Financial technology "unicorn" incubated by Ping an Group$OneConnect Financial Technology (OCFT.US) $When it listed on the New York Stock Exchange on Friday, the share price rose more than 6% at one point before falling below its offering price. OneConnect Financial Technology issued stock under the symbol OCFT and made an initial public offering of 31.2 million American depositary shares (ADS) on the same day.

• Tesla, Inc. 's European factory will start construction in January 2020 at the earliest, giving priority to the production of Model Y
  

Deutsche Bank released a report pointing out that electric car manufacturers$Tesla, Inc. (TSLA.US) $Construction of the No. 4 superfactory (Gigafactory 4) in Berlin, Germany, will begin around January 2020. It had been reported that Tesla, Inc. had reached an agreement with local government officials to buy land to build the company's electric vehicles and battery production facilities.

• Tesla, Inc. revised the price of the non-performance version of Model 3 on the US official website.

$Tesla, Inc. (TSLA.US) $The price of two models has been raised by 500 dollars. Among them, the price of the standard battery life enhanced version (that is, the domestic Model 3 model) increased from $39490 to $39990, and the all-wheel drive long-range version increased from $48490 to $48990.

• Learn from iPhone: Alphabet Inc-CL C plans to improve the background management mechanism of Android
  

According to The Verge,$Alphabet Inc-CL C (GOOG.US) $It is planned to push the system update to the Pixel 4 series, this update will bring better memory management mechanism, but the details are not officially specified.

• Bank of America Securities: global iPhone shipments are expected to reach 202 million in 2020

Bank of America Securities will this week$Apple Inc (AAPL.US) $The share price target has been raised by another 7%, saying that 5G's international promotion should help Apple Inc maintain sustained sales of more than 200 million iPhone units in the next few years. Pushing operators and customers to upgrade to 5G networks-and the launch of iPhone 12 that supports 5G-will keep iPhone shipments at 200m units until 2022, BofA Securities analyst Wamsi Mohan said in a report to clients on Wednesday.

• Analyst:Apple Inc's sales of 5G mobile phones will be disappointing next year. Don't expect too much.

According to the latest news from foreign media, Munster, a senior US analyst who has been following Apple Inc for a long time, said a few days ago$Apple Inc (AAPL.US) $Investors need to lower their expectations for Apple Inc's 5G mobile phone in 2020, and Apple Inc may let everyone down.

"the first year of Apple Inc's 5G mobile phone will be a disappointing year for investors, but in the end, this is a huge opportunity for Apple Inc to play a huge role on 5G," Munster said on Friday. But the 5G network gradually needs to improve coverage, so Apple Inc (digging 5G cake) will take a long time. "

• JPMorgan Chase & Co: Starbucks Corp still has investment value

JPMorgan Chase & Co downgraded the coffee giant in the middle of the year$Starbucks Corp (SBUX.US) $The rating did not last long, and the investment bank said recently that Starbucks Corp's management had a confidence that investors could not ignore. JPMorgan Chase & Co upgraded Starbucks Corp's rating to overweight from neutral and raised his 12-month target price to $94 a share from $90. JPMorgan Chase & Co met with Starbucks Corp's management and said he felt the team's confidence in the effectiveness of the business plan.

• Amazon.Com Inc joins the open source switch project: or subverts chip manufacturers such as Broadcom Ltd

The Linux Foundation announced$Amazon.Com Inc (AMZN.US) $Will contribute to an open source software called Dent, which may help the Internet giant's brick-and-mortar stores. Dent is an operating system developed for switches, which is the hardware used to route data in a network. Traditionally, the market has been dominated by large companies, such as Broadcom Ltd, which provides a large number of underlying chips, and Cisco Systems, which sells finished products.

• Samsung denies that the sales of folding screen phones exceed one million, and 1 million is the target sales.

Samsung Electronics (ADR) (SSNGY.US) $Sales of Samsung's first folding screen phone, the Galaxy Fold, reached 1 million, President Sun Yingquan said at the event on December 12. As a result, the authorities refuted the rumors at night. A Samsung spokesman said President Young Sohn may have mistaken the target sales with the real sales. The target sales of the Galaxy Fold phone is 1 million, not 1 million now.

• Boeing Co is considering cutting or stopping production of 737 Max airliners.
  

$Boeing Co (BA.US) $Consider cutting or stopping production of 737 Max airliners. Boeing Co is expected to decide on the 737 MAX at a board meeting on Monday. Boeing Co has told US officials that he will change the production of 737 MAX airliners.

• Source: BAIC is considering increasing its stake in Daimler to nearly 10%

According to sources, BAIC is considering putting it in the$Daimler-Benz (ADR) (DMLRY.US) $Increased its shareholding to 9.9%. If the deal goes through, it would mean that nearly 20 per cent of Daimler's shares are in the hands of two major Chinese shareholders. Zhejiang Geely Holdings Group bought a 9.7% stake in Daimler last year. BAIC last disclosed its 5 per cent stake in Daimler. BAIC has raised the possibility of having a supervisor on Daimler's supervisory board, according to sources. Geely has no board of supervisors to represent.

The Prospect of Hong Kong City

• A net inflow of 3.1 billion yuan southward on Friday

• Lu Weibing responded that "XIAOMI's low price misleads the country": developed countries also have IKEA, Costco and other brands.

In view of the saying that "XIAOMI's low price is a mistake to the country"$XIAOMI Group-W (01810.HK) $Lu Weibing, president of China and general manager of the Hongmi Redmi brand, responded on Weibo Corp that Huawei is an example of the "low price" strategy of Chinese enterprises, and there are also brands such as Ikea and Costco in developed countries. XIAOMI has the money to do research and development, just take a look at XIAOMI's financial report (the key is to be able to read). XIAOMI's employees are many talents from world-class universities, which cannot be attracted without a high salary.

• Dong Mingzhu shouted to Lei Jun:The Internet without manufacturing XIAOMI is just a floating cloud.

News on December 14th$Gree Electric Appliances (000651.SZ) $Dong Mingzhu, the head of a program, said that without the manufacturing industry, XIAOMI's Internet is just a floating cloud.

In the program, the host once again asked about the "one billion bet" incident and asked Dong Mingzhu what he would think when he recalled it. In this regard, Dong Mingzhu said: without manufacturing, the Internet is just a floating cloud (including XIAOMI). With the development of the times, the manufacturing industry will improve its efficiency and will apply computers to intelligent equipment and manufacturing industries. Dong Mingzhu said bluntly that she doesn't know what Internet thinking is, but she knows that innovation is endless.

• China Mobile Limited:5G commercial operators will not slow down the speed of 4G, and the 4G network speeds of the three major operators are all increasing.

According to the news on December 14, questions raised by many netizens$China Mobile Limited (00941.HK) $In the latest statement, the 5G network will not occupy the 4G network speed, that is to say, the arrival of the 5G network will not slow down the 4G speed. In addition, China Mobile Limited reiterated that not only will 5G not occupy the frequency band of 4G network, but there are many features of 5G network that 4G does not have, among which low latency and end-to-end signal connection technology make 5G network the key to the Internet of things.

Focus today

Keywords: UK December manufacturing PMI data, US December Markit manufacturing PMI, AnPac Bio-Medical Science biological listing

Monday (December 16) the stock market ushered in a major positive, with the late night of December 13, China and the United States reached the first stage of trade agreement, which disturbed the global capital markets for nearly two years, ushered in a turning point. Market trading will gradually become active in the short term. In addition, on December 15, the tariff Commission of the State Council decided not to impose tariffs on some imported goods originating in the United States for the time being, which may further explode the market.

In terms of new shares of US stocks$AnPac Bio-Medical Science (ANPC.US) $、$Indonesia Energy Corp Ltd. (INDO.US) $It will be listed on Nasdaq today, including AnPac Bio-Medical Science biomedical offering price of $12.00-$14.00, Indonesian energy issue price of $9.00-$11.00, 1.5 million shares, raising $15 million.