智通财经7月7日电，香港交易所信息显示，贝莱德在中国银行的持股比例于07月01日从5.99%升至 6.46%。 ...

这些"海上咽喉"中，马六甲海峡和台湾海峡与中国息息相关，直接影响着国家的经济安全与能源供给。 每天，数万艘货轮穿行于全球各大海峡与运河，它们承载的不仅是集装箱与原油，更是世界经济的血脉流动。 2025年3月，一艘满载中国新能源电池的集装箱轮缓缓驶入巴拿马运河，在支付了比往年高出30%的通行费后，才得以继续前往大西洋彼岸的欧洲市场。 与此同时，美国贝莱德财团刚刚完成对巴拿马运河两端港口的收购，全球航运地图正在悄然重构。 这些被称为"海上咽喉"的战略航道，最窄处仅有2.8公里，却控制着全球贸易的命脉。 近年来，围绕这些关键节点的博弈日益激烈，一场看不见硝烟的"航道控制权"争夺战正在上演。 全球贸易的命脉系于十多个关键海峡与运河。 马六甲海峡被称为"东方生命线"，全球四分之一的海上贸易与石油运输都需经过此处。 中国80%的进口石油与50%的进出口贸易依赖这条航道。 每天经过该海峡的约10万艘货轮中，有60%往来于中国。 美国早已认识到这些海上咽喉的战略价值。 1990年，美国与新加坡达成协议，使用其樟宜海军基地。 如今，美军在新加坡部署的军事力量能在24小时内控制整个马六甲海峡，扼住了中国等东亚国家的海上命脉。 巴 ...

Core Insights - The global financial market showed strong performance in June, with significant interest from investors across various asset classes, particularly in U.S. ETFs, which attracted a net inflow of $97.8 billion in June and a total of $556.4 billion year-to-date [1][2]. ETF Market Performance - U.S. stock ETFs saw a net inflow of $26.7 billion in June, while fixed income ETFs attracted $22.6 billion, and global stock ETFs recorded $28.6 billion in net inflows [4]. - The top individual funds included the iShares Core S&P 500 ETF (IVV) with $7.9 billion, the SPDR S&P 500 ETF Trust (SPY) with $4.5 billion, and the JPMorgan Mortgage-Backed Securities ETF (JMTG) with $3.7 billion in net inflows [4]. Leading ETFs - The Vanguard S&P 500 ETF (VOO) surpassed the SPDR S&P 500 ETF (SPY) to become the largest ETF globally, with assets under management of approximately $683.5 billion compared to SPY's $632.8 billion [6]. - VOO's success is attributed to its lower expense ratio of 0.03%, significantly lower than SPY's 0.09%, appealing to cost-conscious investors [6]. Bitcoin ETF Success - The BlackRock Bitcoin ETF (IBIT) has gained significant traction, attracting $15.1 billion in inflows since its launch in January 2024, making it the largest Bitcoin ETF globally with a current size of $73.58 billion [8]. - Factors contributing to IBIT's success include its ease of access for investors, high liquidity, low trading costs, and strong technological support from BlackRock and Coinbase Prime [9]. Emerging Markets ETFs - There is a growing interest in emerging market ETFs, with the largest emerging market ETF, IEMG, seeing a net inflow of $6.744 billion this year, bringing its total assets to $96.47 billion [11]. - The trend indicates a shift in investor sentiment towards diversifying investments beyond the U.S. market, while still maintaining existing U.S. stock positions [11].

Market Dynamics - Maple Finance's Assets Under Management (AUM) surpassed BlackRock's BUIDL money market fund [1]

Core Insights - BlackRock has suspended financing negotiations with institutional investors due to increased uncertainty regarding Ukraine's future and low investor interest [1] Group 1 - The decision to pause negotiations reflects the impact of geopolitical factors on investment strategies [1] - Investor sentiment has been negatively affected by the ongoing situation in Ukraine, leading to a cautious approach from major investment firms [1]

Core Insights - BlackRock, Inc. has updated its shareholding in DSV A/S, indicating a change in its ownership percentage of shares and voting rights [1] Shareholding Changes - BlackRock's share capital and voting rights in DSV increased from 5.02% to 5.44% as of July 1, 2025 [1] - The share capital and voting rights held through financial instruments decreased from 0.73% to 0.09% [1] - Overall, BlackRock's total share capital and voting rights in DSV changed from 5.76% to 5.53% [1] - As of July 1, 2025, BlackRock controls a total of 13,316,782 shares/voting rights in DSV, representing 5.53% of the entire share capital and voting rights [1]

Group 1 - The June non-farm payroll data revealed a complex resilience in the U.S. labor market, prompting a reassessment of Federal Reserve policy paths [2] - The non-farm employment population increased by 147,000, exceeding the expected 110,000, with the previous value revised from 139,000 to 144,000, marking the fourth consecutive month of surpassing economists' predictions [3] - The unemployment rate unexpectedly declined to 4.1%, below the expected 4.3% and previous value of 4.2%, remaining stable within a narrow range of 4.0%-4.2% since May 2024 [3] Group 2 - Average hourly wage growth showed a moderate slowdown, with a month-on-month increase of 0.2%, lower than the expected 0.3% and previous value of 0.4%; year-on-year growth was 3.7%, slightly down from the expected 3.9% and revised previous value of 3.8% [6] - The report indicated a combination of strong employment and moderate wage growth, suggesting a vibrant labor market while alleviating inflation concerns [6] - Long-term unemployed individuals increased by 190,000 to 1.6 million, accounting for 23.3% of the total unemployed, indicating underlying structural issues in the labor market [6] Group 3 - Following the data release, financial markets adjusted rapidly, with the dollar index rising by 0.47% to 97.308, while spot gold fell by $19 to $3,328.04 per ounce, a decrease of 0.65% [8] - The expectations for Federal Reserve policy shifted significantly, with the probability of a rate cut in September dropping from 98% to 80% after the data release [11] - Despite the reduced likelihood of immediate rate cuts, the overnight index swap market still indicates over 70% chance of a rate cut before September, reflecting a long-term expectation for policy easing [11] Group 4 - Employment growth in June showed a pattern of "government strong, private weak," with government jobs increasing by 73,000, primarily in state and local education sectors, while the federal government cut 7,000 jobs [12] - The private sector added 74,000 jobs, below the expected 100,000, with notable growth in healthcare and social assistance, but overall performance was weaker than anticipated [12] - Analysts noted that the report did not provide an urgent reason for the Federal Reserve to cut rates immediately, emphasizing the ongoing strength in employment data [15] Group 5 - Goldman Sachs lowered its U.S. Treasury yield forecasts despite the June non-farm data easing pressure on the Federal Reserve to cut rates, predicting year-end yields of 3.45% for two-year and 4.20% for ten-year Treasuries [16] - The firm highlighted that government hiring driving growth and a slight decline in labor participation rate weakened the perceived strength of the data [16] - The potential signing of a $3.4 trillion fiscal plan by Trump, including tax cuts, could increase government borrowing but may enhance the attractiveness of U.S. Treasuries if achieved through rate cuts [18]

智通财经7月4日电，香港交易所信息显示，贝莱德在中国石油股份的持股比例于06月30日从6.90%升至 7.10%。 ...

智通财经7月4日电，香港交易所信息显示，贝莱德在海尔智家的持股比例于06月30日从7.13%降至 6.92%。 ...

Market Trends & Industry Dynamics - Potential trend of energy companies buying back stakes in their infrastructure assets, mirroring a similar move by Adnoc last year [1][3][4] - Abu Dhabi's asset manager unit bought back BlackRock and KKR's 40% stake in Adnoc oil pipeline last year [3] Investment & Financial Implications - BlackRock is considering selling its stake in the leasing rights to Saudi Aramco's natural gas pipeline network back to Saudi Aramco [1] - The original deal in 2021, where BlackRock led the consortium to acquire those leasing rights, was around $155 billion [2] - Aramco's debt levels are near a three-year high, making the acquisition of such assets a potentially challenging move [2] Company Strategy & Valuation - Aramco may be seeing increasing value in increasing its stake in a business vital to the kingdom's energy infrastructure [3]