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Institution: It is expected that the PC market in China will resume growth in the second half of 2025. IDC, an international data company, issued a document saying that the overall PC market in China is expected to improve in 2025, and the shipment volume will drop slightly by 0.2% compared with that in 2024. Among them, the first half of 2025 will be affected by the early release of demand at the end of 2024, and the expected shipment volume is still negative, down 4.2% year-on-year; In the second half of 2025, it will improve as a whole, with a year-on-year growth rate of 3.0%.Dividend assets are expected to become the main investment line next year, and the investment in dividend plate is heating up! Standard & Poor's dividend ETF(562060) rallied. On December 13th, by midday, the standard & poor's dividend ETF(562060) had dropped by 1.58%, with a turnover of 18,545,900 yuan. The constituent stocks are mixed, and in terms of rising, Sanqi Mutual Entertainment leads the rise; In terms of decline, Yongxing Materials led the decline. In the news, on December 12th, official website of China Securities Regulatory Commission published the latest personal pension investment list, and 85 index funds were included, including 7 bonus index funds. In addition, the recent performance of high dividend assets is strong, and the market's investment enthusiasm for the dividend sector continues to heat up. The industry believes that dividend assets are expected to become the main line of investment next year with the downward trend of interest rates and the improvement of dividend yield. In addition, considering that there are still many uncertainties in the current global environment, the defensive nature of dividend assets may still be a safe haven for capital seeking. Faced with the long-term trend that domestic risk-free interest rates will continue to decline, the scarcity and stability of dividend income are expected to help dividend assets continue to serve as an important direction for long-term funds to seek cost performance.Treasury futures closed in early trading, with 30-year main contracts up 0.74%, 10-year main contracts up 0.41%, 5-year main contracts up 0.28% and 2-year main contracts up 0.09%.

Brazilian President Lula's intracranial drainage tube has been removed and recovered well. On December 12, local time, the Syrian-Lebanese Hospital in Sao Paulo, Brazil issued a medical announcement, saying that the intracranial drainage tube placed after President Lula's surgery had been removed that evening. At present, Lula is conscious and thinking normally, and is still in intensive care in the hospital. According to the announcement, Lula's nervous system is normal and there are no complications, and there will be no sequelae in the future. At present, he is recovering well and can eat and talk normally. The hospital advised him to continue to rest.South Korean police said on the 13th that they were considering detaining and searching the correspondence records of President Yin Xiyue and the presidential residence. (Xinhua News Agency)On December 11th, the reporter was informed that Vanke Property innovatively launched the "flexible pricing" model at the press conference of Wanwuyun Ruijian held in Shenzhen, and released "smart selection" products, returned the service options and pricing rights to the owners, and innovatively launched "flexible pricing" in the industry. Specifically, Vanke Property's "Smart Choice" products take "the whole cycle of project property services" as the main axis, forming a set of all kinds of services, in which 158 required services and 350 optional services are classified and screened out. At present, Vanke Property is pushing the industry to change from standardized pricing to flexible pricing. Kerry Property Management believes that this initiative has led the transformation and upgrading of property services in the stock era, and is expected to become the standard practice of the property management industry in the future, and promote the development of the whole industry in a more standardized and efficient direction. (Dahe Finance Cube)

On the 13th, local time, the South Korean prosecutor summoned Guo Zhonggen, the commander of the special operations before the investigation.The strength of the policy is in line with expectations. The New Year's market may have started, and the Shanghai and Shenzhen 300ETF South (159925) can be used as a key layout. On December 13th, as of midday, the Shanghai and Shenzhen 300ETF South (159925) fell by 2%, with a turnover of 115 million yuan. The constituent stocks are mixed, and in terms of rising, Yangtze Power leads the rise; In terms of decline, Zijin Mining led the decline. In the news, from December 11th to 12th, the Central Economic Work Conference was held in Beijing, which made a systematic plan for next year's economic work. Regarding the highlights of the meeting, CITIC Jiantou said that the meeting of the Central Economic Work Conference continued the main tone of the Politburo meeting on Monday, and made systematic arrangements for economic work next year. Next year's policy will focus on expanding domestic demand and AI+ in an all-round way, and the policy strength and direction are in line with our expectations. With the support of policy expectation and liquidity, the current new year's market has been launched, and it is expected that the market will continue to show the characteristics of shock upward. Focus on industries: non-bank finance, real estate chain, consumer electronics, machinery, construction, building materials, steel, social services, catering chain, etc. Topics of concern: duality and innovation, supply-side optimization, new quality productivity, market value management of state-owned enterprises. You can use the Shanghai and Shenzhen 300ETF South (159925) to lay out the core assets with one click.Market News: Indonesia's central bank has made triple intervention to maintain market confidence in the Indonesian rupiah.