Today's data selection: Mortgage interest rates have dropped another 10 basis points; A-shares are expected to turn into a bull market in 2024

Over 110,000 people from 6 countries entered China visa-free for sightseeing and leisure, accounting for 70% of the total.

According to statistics from the National Immigration Administration, since China implemented a trial unilateral visa-free policy for ordinary passport holders from six countries including France, Germany, Italy, the Netherlands, Spain, and Malaysia on December 1, as of December 31, 2023, the above-mentioned A total of 214,000 people came to China from the six countries, an increase of 28.5% from November. Among them, a total of 118,000 people came to China with ordinary passports without visa, accounting for 55.1% of the total number of people entering China from the six countries in the same period. In terms of the reasons for entry, the number of people who came to China with ordinary passports was 214,000. A total of 91,000 people came to China for sightseeing, leisure and business activities, accounting for 77.3% of the people with visa-free passports.

The report card of the new car-making force in 2023 is released. Li Auto delivered a total of 376,030 vehicles throughout the year.

On January 1, a number of new energy vehicle companies announced their vehicle manufacturing report cards for December 2023 and the whole year. In December 2023, Li Auto delivered 50,353 new cars, a year-on-year increase of 137.1%, achieving the monthly delivery target of 50,000 vehicles. A total of 131,805 vehicles were delivered in the fourth quarter of 2023, a year-on-year increase of 184.6%. A total of 376,030 vehicles will be delivered in 2023, a year-on-year increase of 182.2%.

As of December 31, 2023, Li Auto has delivered more than 600,000 vehicles in total, making it the new Chinese automaker with the highest delivery volume. Xpeng Motors delivered a total of 20,115 new cars in December, a year-on-year increase of 78%. The cumulative delivery in the fourth quarter exceeded 60,000, a year-on-year increase of 171%. In 2023, Xpeng Motors' total deliveries will exceed 140,000, and its historical cumulative deliveries will exceed the 400,000 milestone.

NIO delivered 18,012 new cars in December, a year-on-year increase of 13.9%. In the fourth quarter of 2023, NIO delivered a total of 50,045 new cars, a year-on-year increase of 25.0%, and the quarterly delivery volume exceeded the delivery guidance. Throughout 2023, NIO delivered a total of 160,038 new vehicles, a year-on-year increase of 30.7%. As of December 31, 2023, NIO has delivered a total of 449,594 new cars.

The first day of 2024, for most people who still have mortgage loans, today is the repricing day of mortgage loans. Banks will automatically adjust the personal mortgage interest rates for the new year based on the increase or decrease of LPR in the previous year. Customers do it themselves.

In the past year, the LPR of more than 5 years has dropped from 4.3% to 4.2%, a decrease of 10 basis points. Therefore, for mortgage customers who choose January 1 as the repricing date, the mortgage interest rate will also be reduced by 10 basis points. base point.

"After the repricing date, the interest expenses of housing mortgage lenders will further decline and the pressure will be reduced. This is a real benefit." Yan Yuejin, research director of E-House Research Institute, told China Business News.

The National Film Administration’s movie box office in 2023 will be 54.915 billion yuan

The National Film Administration announced important indicators for the Chinese film industry in 2023 on January 1:

The movie box office for the whole year was 54.915 billion yuan, of which the box office of domestic films was 46.005 billion yuan, accounting for 83.77%; the number of moviegoers in urban theaters was 1.299 billion. There were 73 films with a box office of over 100 million yuan throughout the year, including 50 domestic films, and the top 10 box office rankings were all domestic films.

A total of 792 feature films were produced throughout the year, and the total film output was 971. Throughout the year, the number of screens in urban theaters increased by 2,312, bringing the total number of screens to 86,310. There are 262 rural digital cinema lines nationwide that carry out public welfare screenings of movies, with 42,000 screening teams. Throughout the year, 8.24 million film screenings were held for charity, including 5.39 million screenings of story films and 2.79 million screenings of science and education films; approximately 450 million people watched the movies.

A-shares are expected to turn into a small bull market in 2024, and the market will usher in an important turning point in January.

Throughout 2023, the Shanghai Stock Exchange Index fell by 3.7%, the Shenzhen Stock Exchange Component Index fell by 13.54%, and the ChiNext Index fell by 19.41%. How will the market outlook for A-shares go? See what the agency has to say:

CITIC Securities: The market will usher in an important turning point in January

CITIC Securities’ research report pointed out that it is expected that economic policies will continue to increase in concentration in January, the New Year’s effect of various financial behaviors will be more obvious, investor confidence will begin to turn positive, and the market will usher in an important turning point in January. In terms of allocation, it is expected that overseas products, technology independence, new consumption, and low dividends will become the main directions. In January, it was recommended to prioritize oversold growth represented by the Science and Technology Innovation Board. On the one hand, from the perspective of market expectations, various economic policies represented by real estate are expected to continue to increase in the middle of this month. It is expected that non-economic policies represented by online games will continue to be optimized and promote the continued and steady recovery of the economy. The market is expected to begin Turn to the positive. On the other hand, from the perspective of investor behavior, it is expected that the New Year's Eve effect of funds will be more obvious. The market ecology of "small-cap speculation" will usher in a significant improvement in the beginning of the year. Public equity is expected to actively turn to offensive, private equity may significantly increase positions, and risk Investors may gradually add positions to low-volume dividends, and financial management companies will follow suit to actively enter the market. Foreign capital outflows are nearing an end, and investor confidence will usher in an inflection point.

CITIC Construction Investment: A-shares are expected to turn into a bull market in 2024

CITIC Construction Investment said that A-shares are expected to show a small bull market in 2024, mainly due to the improvement of two major factors. One is that global macro liquidity has improved significantly, and the other is that domestic stabilization of growth may exceed expectations. This will promote positive growth in A-share earnings and valuation restoration in 2024. Among them, valuation repair may be more critical. In terms of theme investment, pan-AI theme investment is expected to continue to perform in the future and enter the stage of eliminating falsehoods and preserving authenticity; at the same time, the new era of digital economy promotes the expansion of production factors. New industrialization is accelerating, with humanoid robots and other automated high-tech equipment taking the lead. It is recommended to focus on areas such as AI, overseas expansion, import substitution, automobile intelligence, and robotics.