Institutions: The prospect of sanctions has caused supply concerns, and oil prices are bound to record an increase in Zhou Du and an increase in Zhou Du. The prospect of more severe sanctions on Russian and Iranian countries has caused market concerns about supply disruption. US Treasury Secretary Yellen said that the United States is looking for ways to curb Russia's income, and Trump's national security candidate vowed to put the greatest pressure on Iran. These two factors boosted the benchmark oil price by 3% to 4% this week. In addition, political turmoil in the Middle East and other factors have also provided support for oil prices. However, the International Energy Agency (IEA) said yesterday that the global market will still face oversupply next year.Market news: Israel said that the IDF will stay on the Syrian side of Mount Hermon for several months.The net purchase of southbound funds exceeded 10 billion yuan.
Tianyu Co., Ltd.: The subsidiary company plans to select the tenth batch of national centralized drug procurement, and the wholly-owned subsidiary company Zhejiang Nuode Pharmaceutical Co., Ltd. plans to select the product of sitagliptin metformin tablets (II) and sitagliptin phosphate tablets to select the tenth batch of national centralized drug procurement organized by the National Drug Joint Procurement Office.Spot gold fell $6 in the short term and is now reported at $2,676 per ounce.BOC International: Reiterating that China Telecom is the first choice for the "buy" rating of Chinese telecom stocks, BOC International published a research report that the contribution of cloud services to revenue and profit continues to promote the growth of Chinese telecom operators, and cloud and artificial intelligence services are becoming the only sustainable driving force for Chinese telecom operators' revenue and EBITDA. China Telecom and China Unicom have recorded steady growth in profit margin of EBITDA in two quarters this year. With the development of state-owned enterprises and local governments, the bank expects to support the development of end-to-end proprietary cloud infrastructure services for telecom operators for a long time to improve security and regulatory requirements, and at the same time, Chinese telecom stocks can provide attractive valuation and dividend returns to support their long-term performance. Therefore, it reiterates its "buy" rating for Chinese telecom stocks, with China Telecom as the first choice, followed by China Unicom and China Mobile.
Ping An, China: From January to November, the accumulated property insurance premium income was 292.3 billion yuan.Huatong Co., Ltd.: The sales revenue of live pigs in November was 410 million yuan. Huatong Co., Ltd. announced that in November 2024, the company sold 201,000 pigs, including 10,600 piglets. The sales revenue of live pigs reached 410 million yuan, an increase of 20.56% from the previous month. The average selling price of commercial pigs was 16.5 yuan/kg, down 4.07% from October. In addition, the number of chickens sold in November was 1,205,900, a decrease of 47.69% from the previous month and a year-on-year increase of 19.79%. Chicken sales revenue was 20,213,700 yuan, an increase of 23.65% from the previous month. Sales data are unaudited for investors' reference.Market news: South Korean prosecutors approved the postponement of the execution of the ruling request of Cao Guo, the leader of the opposition motherland reform party.