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Philadelphia SE Semiconductor Index reached its highest level in more than a week, rising by 3.1%.In November, personal housing loans stabilized and rebounded. On December 13, the central bank released financial statistics for November 2024. The financial data was generally stable and maintained strong support for the real economy. It is noteworthy that the growth rate of household loans has been rising recently, mainly because personal loans have stabilized and rebounded. From the perspective of residents' departments, the short-term and medium-and long-term loans in the first 11 months increased by 1.29 trillion yuan and 453.8 billion yuan respectively, of which the medium-and long-term loans of residents increased by 66.9 billion yuan in November, increasing for two consecutive months. With the intensive introduction and effective implementation of a package of incremental policies, social expectations and market confidence are gradually picking up. Market experts generally predict that the effective financing demand in the market will be further improved, financial resources will flow more to major strategies, key areas and weak links, and financial support for the high-quality development of the real economy will be more powerful and effective. (21 Finance)Maiwell Technology rose more than 11% to a record high, and announced a breakthrough in customized high-bandwidth memory. Maiwell Technology rose more than 11% in intraday trading to US$ 121.86, with its share price reaching a record high and its market value exceeding US$ 100 billion. Maywell Technology announced on Wednesday that the company has made a breakthrough in customized high-bandwidth memory (HBM) for artificial intelligence processors. It is reported that the new artificial intelligence accelerator architecture (XPU) will increase computing power by 25%, memory by 33%, and improve energy efficiency. The company is cooperating with Micron Technology, Samsung and SK Hynix to customize HBM processors for accelerators.

Morgan Stanley raised Broadcom target price from $180.00 to $233.00.Tigress Financial raised Wal-Mart's target price from $86.00 to $115.00.Analyst: Britain's economic contraction for the second consecutive month sounded the alarm. AJ Bell analyst Danni Hewson said in a report that one month's data can't tell the whole story, but when the British economy contracted for two consecutive months-just like September and October-it is worthy of attention. The last time the economy contracted for two consecutive months was during the first pandemic blockade in 2020. She said that the uncertainty before the government budget may lead individuals and businesses to avoid spending for fear of possible tax increases. Bars, restaurants and art industries were hit hard in October. Hewson said that such discretionary expenses can be easily cut. In addition, looking back over the past six months, except August, the economic activity in each month was flat or decreased.

The average auction yield of 25-day cash management bills in Canada is 3.276%.CapitaMacro: The new French Prime Minister has a long way to go. Jack Allen-Reynolds, an analyst at CapitaMacro, wrote in a report to clients that if the new French Prime Minister wants to form a government and solve the country's troubled financial problems, he will face arduous tasks. Francois bayrou, a veteran centrist politician, was appointed as prime minister by President Macron on Friday. He must now form a government because his short-lived predecessor, Michelle Banier, tried to force through budget legislation and was overthrown by the National Assembly. Bayrou may face the same battle. Reynolds said: "The government seems unlikely to have the will and ability to solve France's financial problems." France's budget deficit this year will further expand, further exceeding the level that European authorities think can be tolerated.Official of the National Development and Reform Commission: More active and promising, and the Central Economic Work Conference highlights the large space for follow-up policies. Liu Jianxing, deputy director of the Institute of Market and Price of the National Development and Reform Commission, believes that expanding domestic demand in an all-round way is an effective way to cope with external shocks and stabilize economic operation, and it is also a long-term strategy to enhance development initiative. In the current situation of increasing export uncertainty, expanding domestic demand in an all-round way plays a vital role in stabilizing economic growth, promoting economic restructuring and transformation and upgrading. (Xinhua Finance)