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Guan Qingyou: I am optimistic about the stock market by cutting interest rates and lowering the RRR. For example, Guan Qingyou, president and chief economist of the Financial Research Institute, said that lowering the RRR and raising interest rates will definitely happen, and from the downward trend of previous interest rates, it should be faster. Regarding the current market conditions, Guan Qingyou said that different subjects have different judgments on the market trend in one or two trading days, but he is still optimistic, and said that the positive impact of the current policy change on the capital market cannot be underestimated. Combining industrial structure and policy orientation, Guan Qingyou said that consumer companies, technology companies, and mergers and acquisitions involving the transformation and upgrading of traditional industries to emerging formats are all his optimistic directions. In addition, for the economic growth target in 2025, Guan Qingyou believes that "the target of 5% can still be contested". He also said that 2025 will be better than 2024. "In 2025, the adjustment of policies will bring more increments to the market and industry." (sohu finance)Bank of America Securities lowered the Adobe target price from $640.00 to $605.00.It is reported that the price of iPhone 18 Pro's further use of TSMC's 2nm chip will increase by 70%. It is reported that in 2026, the A20 Pro processor of iPhone 18 Pro will be produced by TSMC's 2 nm process for the first time, and the chip price will rise from the current 50 US dollars to 85 US dollars, with an increase of 70%. With the high cost, the price of iPhone 18 Pro may increase. (Taiwan Province Business Times)

Bank of America Securities lowered the Adobe target price from $640.00 to $605.00.German two-year bonds recovered their decline and the yield was flat at 1.95%."39 people were pardoned and nearly 1,500 people were commuted", White House: Biden announced "the largest single-day commutation action in modern history", CBS, NBC and other media reported that the White House issued a statement on the 12th local time, saying that US President Biden announced that he would pardon 39 Americans convicted of non-violent crimes and commute the sentences of nearly 1,500 people who were released at home during the COVID-19 epidemic. According to the White House statement, this move represents "the largest single-day commutation action in modern history" in the United States. According to the statement, Biden said that he will take more relevant measures in the next few weeks and will continue to review petitions for pardon and commutation. (World Wide Web)

The European Central Bank announced that it would cut three key interest rates in the euro zone. On the 12th local time, the European Central Bank held a monetary policy meeting at its headquarters in Frankfurt, Germany, and decided to cut all three key interest rates by 25 basis points. This is also the fourth time that the European Central Bank cut interest rates this year after it announced a rate cut in June this year. According to the latest interest rate resolution announced by the European Central Bank, the deposit mechanism interest rate is reduced to 3.0%, the main refinancing interest rate is reduced to 3.15%, and the marginal lending interest rate is reduced to 3.40%. (CCTV News)The legal representative of Sanzhiyang Culture Media Co., Ltd. changed. Tianyancha App showed that on December 10, Hefei Sanzhiyang Culture Media Co., Ltd. changed its business. Ba Shuai stepped down as the legal representative, executive director and general manager, and Zhang Yong was the legal representative, director and manager. The company was established in May 2022 with a registered capital of RMB 1 million. Its business scope includes radio and television program production and operation, performance brokerage, advertising, organization of cultural and artistic exchange activities, conference and exhibition services, etc. It is wholly owned by Hefei Sanzhiyang Network Technology Co., Ltd.The survey shows that the European Central Bank is expected to cut interest rates for the fourth time this year to provide support for the economy, and the European Central Bank is bound to cut interest rates for the fourth time this year, loosening the troubled euro zone economy with the inflation rate approaching 2%. According to the survey, all the respondents except one analyst predicted that the European Central Bank would cut the deposit interest rate by 25 basis points to 3% again on Thursday. Only JPMorgan Chase is expected to cut interest rates by more than 50 basis points, believing that the recent data show that economic growth and inflation are weakening.