Daily Investment Strategy

Daily focus ： Real-Time Quote

Dongfang Electric (1072): The company is demonstrating growth potential in the Asian gas turbine market, particularly with a higher success rate among data center and utility customers in Southeast Asia. While the company's 50MW units employ a low-price strategy to reflect technological gaps, it has successfully exported five units to Kazakhstan and the Middle East and plans to expand capacity to ten units per year. However, the joint venture with Mitsubishi Heavy Industries limits the export capacity of large units, and short-term growth momentum still relies heavily on expanding overseas markets with its medium-sized product line.

U.S. retail sales were flat month-over-month in December

The U.S. Commerce Department released data yesterday (December 10th) showing that December retail sales were flat month-over-month (0%), falling short of market expectations of a 0.4% increase. Core retail sales excluding automobiles also missed expectations. The data indicates that U.S. consumer spending is showing signs of weakness in a high-interest-rate environment. Affected by the weak retail data, market bets on the Federal Reserve cutting interest rates earlier or more significantly increased, pushing the yield on the 10-year U.S. Treasury bond down to 4.13%. Major U.S. stock indices found support at high levels due to liquidity expectations. Furthermore, the January non-farm payroll report, delayed due to the government shutdown, will be released tonight (December 11th), with the market closely watching whether the labor market will cool down simultaneously.

Hong Kong Stock Connect recorded a net inflow of HK$0.85 billion on Tuesday, with Meituan (3690) recording the largest net inflow at HK$5.5 billion, followed by CNOOC (883); Tencent Holdings (700) recorded the largest net outflow at HK$1.4 billion, followed by Pop Mart (9992).