There's something wrong with it! SEC investigates the listing of tech unicorns; more than half of the people support the removal of Trump; Buffett has lost the market in the past 10 years; what is the impact of the election year on US stocks? The release of Star Wars 9 may be the seventh film of Walt Disney Company's 2019 hit at the box office.

Global macro

• Us stock index futures rose slightly before trading, Christmas holiday is approaching

Last week, US stocks continued to hit new highs. Before Monday, the futures of the three major stock indexes of the United States continued to rise. Trading volume is expected to remain light as the Christmas holiday approaches, with no well-known companies reporting results this week, but investors need to keep an eye on U. S. economic data to be released.

• Opinion poll: more than half of the people support the US Senate's vote to remove President Trump

A poll conducted by US political news website Politico and pollster Morning Consult after the impeachment of US President Donald Trump showed that 52 per cent of people supported the impeachment of Trump by the House of Representatives. At the same time, 52% of respondents supported the Senate vote to remove Trump. The poll showed that 52% supported the impeachment of Trump, up from 43% who did not support the House vote to impeach Trump.

• Did the election year have no significant impact on US stocks?
  

According to the survey of analysts, there is no significant difference in annual performance between the election year and the non-election year, only the financial, cyclical and technology sectors perform slightly better in the election year than in the non-election year; there are no statistically significant differences in market performance among different political parties. But the year of re-election (or the extension of the same party) will perform better: the summary of successful re-election years, crude oil, US stocks, industrial metals and other risky assets outperform unsuccessful election years, gold lost; in unsuccessful election years, there is little difference in bond performance.

• Trump accepts the invitation of the Speaker of the House of Representatives to deliver his State of the Union address on February 4.

Trump accepted the invitation of House Speaker Pelosi to deliver his annual State of the Union address on February 4. Pelosi, who led the House of Representatives to pass the impeachment clause against Trump on Wednesday, invited Trump to speak through a letter posted on Twitter by her spokesman Drew Hammill. Trump's speech is likely to be fierce as he became the third president in US history to be impeached on Wednesday, with the House of Representatives formally accusing him of abusing his power and obstructing congressional investigations.

• Member of the European Central Bank: low interest rate environment in the euro zone may last for another five years

Klaas Knot, a member of the ECB and president of the Dutch central bank, said on Monday that the eurozone was likely to keep interest rates low for several years, but he was concerned that the ECB's ultra-loose policy could be counterproductive. Mr Nott says current low interest rates cause investors to take excessive risks, while the younger generation may feel compelled to continue to save more. "from a macroeconomic point of view, we don't want that. "

• Fears of hard Brexit swept through, the pound was under pressure and European stocks fell at the start of trading.

The pound has fallen sharply against the dollar since the Conservatives won the general election on December 12th. There is a view that the market is too optimistic about the timetable for Johnson's deal with the EU, so currency analysts warn that the exchange rate is at risk of falling below the support level of 1.2970, while UBS analysts warn that sterling is expected to fluctuate widely next year. In European stock markets, the main indexes opened lower.

Hot news

• It is said that Tesla, Inc. and many Chinese banksReach an agreement on a loan of 10 billion yuan

According to Reuters, a number of Chinese banks have agreed to$Tesla, Inc. (TSLA.US) $Its Shanghai factory provides a total of 10 billion yuan ($1.4 billion) in five-year loans, and Tesla, Inc. plans to use some of the funds to repay the previous 3.5 billion yuan loan. ICBC, CCB, Agricultural Bank Of China and Pudong Development Bank are all among the banks. The interest rate on the new loan will be 90% of China's benchmark one-year interest rate, the same as the previous 3.5 billion yuan loan. Neither Tesla, Inc. nor the banks responded to requests for comment. Before trading, Tesla, Inc. was up more than 1 per cent.

• JD Logistics, Inc. is looking for overseas IPO with a size of US $80-10 billion.

According to a number of foreign media reports, including Reuters$JD.com (JD.US) $The logistics department has held preliminary discussions with a number of banks on the potential overseas IPO, which could raise US $8 billion-10 billion this time. JD.com 's logistics department aims to seek a valuation of at least $30 billion. In response, JD.com responded that he would not comment.

• There's something wrong with it! SECInvestigate some of the listing cases of technology unicorns, includingSlack

According to reports, the Securities and Exchange Commission (SEC) is investigating including$Slack Technologies (WORK.US) $The listing of some technology unicorn companies. The SEC investigation focused on the first day of trading on the New York Stock Exchange of Slack, a corporate chat and collaboration company, and several other unicorns valued at more than $1 billion, and how initial public offerings were handled, according to people familiar with the matter.

• Buffett lost the market in the past 10 years, and the stock god fell off the altar?

The Motley Fool published an article pointing out that Buffett's$Berkshire (BRK.A.US) $Is no longer an invincible choice. In the last decade, Berkshire's overall return was slightly lower than that of the S & P 500 if dividends were reinvested.

• Will Ant Financial Services Group be listed in A shares and H shares at the same time? Response: do not comment on market rumors

According to self-media, Ant Financial Services Group plans to list both A-shares in the mainland and H-shares in Hong Kong. "Ant Financial Services Group's share of income from payment transactions has declined, while the share of income from technical services is rising rapidly and will become a major part of revenue in the future. Ant Financial Services Group currently accounts for about 45 per cent of payment income and technical services income each (the remaining 10 per cent of income comes from 2B hard technology income such as financial cloud, technology open platform, blockchain and so on). Ant Financial Services Group will also make great efforts to develop the technical services business, and it is estimated that in three years' time, the proportion of revenue from technical services will reach 2x3. For the above news, Ant Financial Services Group said that he would not comment on the market rumors.

• DisneyNew film"Star Wars9》At its weekend premiere, the US box office reached 176 million US dollars.

Critics were mediocre about Star Wars: the rise of Skywalker, which grossed $176 million in its opening weekend in the US, ranking third among films released in 2019 but below analysts' expectations of $200m. It grossed $374 million at the global box office over the weekend. Analysts say the film could be$Walt Disney Company (DIS.US) $The seventh film released in 2019 that broke 1 billion dollars at the box office.

• Sarepta TherapeuticsReach an agreement with Roche Pharmaceutical11.5A billion-dollar drug licensing agreement
  

Biopharmaceutical company$Sarepta Therapeutics (SRPT.US) $Grant$ADR (RHHBY.US) $Sarepta will receive an advance cash payment of $750 million and an equity investment of $400m for the exclusive commercial rights of the pseudohypertrophic muscular dystrophy drug SRP-9001. Before trading, Sarepta Therapeutics was up 13%.

• Us Steel, which plans to cut dividends, suspend buybacks and lay off staff, fell sharply on Friday

$American Steel (X.US) $It had been announced that fourth-quarter financial results would be worse than expected, with plans to cut dividends, suspend share buybacks, lay off staff and suspend some businesses. Us Steel also adjusted its capital expenditure forecast for 2020, cutting it by $75 million to $875 million. On Friday, American steel tumbled 10.78%.

• BlackBerry surged more than 12% after announcing Q3 results.

$BlackBerry (BB.US) $Third-quarter results, which highlight non-GAAP data, showed that non-GAAP revenue rose 23% year-on-year to $280 million, followed by an 18% increase in GAAP revenue to $267 million. Analysts expect it to be $271.9 million. The SEC rules require that GAAP should be equally or more prominent than non-GAAP data. On Friday, BlackBerry closed up 12.39% at $6.53.

• The share price tripled in a month, and LAIX Inc. fell more than 10% before trading.

From November 21 to now$LAIX Inc. (LAIX.US) $The share price rose more than 270%, and rose 85% on December 20th. LAIX Inc. was down more than 10 per cent before the day's trading.

• So-young International Inc released the support plan for two hundred doctors, which plans to help 100 doctors achieve millions of income next year.

$So-young International Inc (SY.US) $The "So-young International Inc double hundred doctors support Program" was officially launched at the Fifth So-young International Inc Asia-Pacific Medical and Beauty Industry Festival and Award presentation ceremony. The program aims to transfer the experience of successful doctors on the platform to more institutions and doctors with the help of So-young International Inc platform, so as to promote the overall improvement of the industry as a whole. The plan is expected to support 100 doctors to earn millions by 2020.

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