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Morgan Asset Management: Trump's economic policy is generally beneficial to the US economy to maintain the "overweight" rating on US stocks and credit. Sheng Nan, global multi-asset strategist of Morgan Asset Management, said that it is expected that the economic policy of US President-elect Trump will be generally beneficial to the local economy, but the implementation order of specific policies will also determine the growth trajectory in the next two years. Sheng Nan mentioned that Trump pays more attention to deregulation and measures to boost finance by extending tax cuts, which will improve business confidence, open capital markets and accelerate growth and return on assets. However, if the focus is on immigration and tariff policies, the interruption of labor supply or trade may have negative consequences, inhibit economic growth and lead to asset market fluctuations. Sheng Nan believes that despite the above uncertainties, the US economy is expected to grow strongly next year, and the local GDP will not slow down to 2% until the fourth quarter of next year, so he maintains the "overweight" rating on US stocks and credit.Black Myth: Wukong won seven nominations in the British Film Academy Award #, and BAFTA announced the list of nominated works for each award in 2024. The domestic masterpiece Black Myth: Wukong won seven nominations in terms of best game, artistic achievement, audio achievement, technical achievement, best score, best narrative and latest IP.The Shanghai Composite Index opened at 3,430.08 points in the afternoon, up 0.22%. The Shanghai and Shenzhen 300 Index opened at 3,993.87 points in the afternoon, down 0.04%. Shenzhen Component Index opened at 10,860.99 points in the afternoon, up 0.45%. The GEM index opened at 2,266.24 points in the afternoon, up 0.10%. Small and medium-sized board opened at 11,727.56 points in the afternoon, up 0.65%.

The commercial chain plate continued to rise, and Zhijia actually had a daily limit in the afternoon. Youa shares and Yimin Group had previously had daily limit, while Doctor Glasses, Commodity City and Chongqing Department Store followed suit.Open source securities: AI video model is accelerating the competition and continuing to lay out "AI+ movies". According to the open source securities research report, 1)AI video model is accelerating the competition, and its multi-modal capability is continuously upgraded, helping to open up the commercialization space. 2) Film and television content, copyright and marketing companies actively embrace AI video and continue to lay out "AI+ Film and Television". We are optimistic about the continuous iteration of the AI ​ ​ video model, the accelerated application, the superposition of policy assistance such as the release of new film supply and consumption subsidies, and further promote the opening of the commercialization space of "AI+ film and television"."Black Myth: Wukong" won three nominations for IGN's annual awards. On December 11th, IGN, the Imagine Games Network, released the nomination list for IGN's 2024 awards. Among them, the domestic 3A masterpiece Black Myth: Wukong was nominated for "Best Action Adventure Game of the Year", "Best PS Game" and "Best Game of the Year".

"Black Myth: Wukong" won three nominations for IGN's annual awards. On December 11th, IGN, the Imagine Games Network, released the nomination list for IGN's 2024 awards. Among them, the domestic 3A masterpiece Black Myth: Wukong was nominated for "Best Action Adventure Game of the Year", "Best PS Game" and "Best Game of the Year".CICC: Xiamen Tungsten Industry will be successfully issued, and resource development and high-end production capacity construction are expected to accelerate. According to the research report of CICC, Xiamen Tungsten Industry (600549.SH) will be successfully issued, and resource development and high-end production capacity construction are expected to accelerate. It is worth noting that the final issue price of this fundraising is 20.80 yuan/share, which is 28.87% higher than the reserve price, and 3.35% lower than the closing price of 21.52 yuan/share on November 6, the first day of the issuance period. After the completion of the issuance, the company is expected to accelerate the development of tungsten resources and the construction of downstream high-end production capacity, and strengthen profit growth. Considering the impact of stock issuance, the net profit of returning to the mother in 2024 will remain unchanged at 1.92 billion yuan, and the net profit of returning to the mother in 2025 will be raised by 1.7% to 2.25 billion yuan, and CAGR+18.6% from 2023 to 2025. Raise the target price by 17% to 24.1 yuan.Hanyu Pharmaceutical Co., Ltd. signed a strategic cooperation agreement with Longma Technology. Recently, Hanyu Biotechnology (Dali) Co., Ltd., a subsidiary of Hanyu Pharmaceutical Co., Ltd., signed a strategic cooperation agreement with Longma Technology Group. The two sides will cooperate in the medical application of industrial cannabis and drug research and development around drugs and cannabinoids.