| --- | --- | --- | --- | |--------------------------|-------------|------------|--------------| | 指数 | 收市 | 日比 (%) | 5 日 (%) | | 恒生 | 18293.38 | 2.59 | 2.77 | | H 股 | 6532.63 | 2.52 | 2.36 | | 红筹 | 3840.25 | 1.08 | (1.05) | | HSC 大型股 | 1680.85 | 2.55 | 2.82 | | HSC 中型股 | 3440.66 | 0.83 | 0.21 | | AH股溢价 | 142.44 | (1.34) | 0.21 | | 沪深300 | 3472.40 | 0.12 | 1.20 | | 富时中国A50 | 12154.64 | 0.42 | 0.94 | | 上证180 | 7698.87 | 0.21 | 0.99 | | 上证380 | 4821.03 | (0.33) | 0.30 | | 台北加权 | 23916.93 | (1.94) | 1.53 | | | ...

中国 6月份 CPI 同比上涨 0.2%，略低于 5月份 0.3%的涨幅。按月来看，6月份 CPI 环比下跌 0.2%， 而 5 月份环比下跌 0.1%。6 月剔除波动性较大的食品和能源价格后的核心 CPI 通胀同比仅上涨 0.6%，环比则下跌 0.1%，显示内需仍然较疲弱。2024 年前 6 个月 CPI 平均同比上涨 0.1% 6 月份 PPI 同比下跌 0.8%，而 5 月同比下跌 1.4%。6 月 PPI 同比跌幅大幅收窄主要因为去年同 期基数大幅走低以及国际市场有色金属价格上行影响。按月来看，6 月份 PPI 环比下跌 0.2%，而 5 月份环比上涨 0.2%。2024 年前 6 个月 PPI 同比下降 2.1% 整体来看，6 月份的 CPI 与 PPI 数据显示中国通缩的压力仍存在。特别是 CPI 与 PPI 环比均下跌 显示内需仍疲弱及部分商品供过于求的情况持续。中国当前的通缩压力仍需货币政策进一步宽松 来推动物价上升，我们预期今年内仍有降息与降准的可能。财政政策方面应继续通过加快财政支 出进度，以及加大力度落实汽车以及家电等消费品以旧换新，发挥政策的逆周期调节作用 中国 6 月份 CPI 同比 ...

˙中国现有百余电动汽车品牌到2030年恐怕只有不到20个 能够盈利 ˙瑞银任命瑞信前中国区首席执行官为瑞银证券副董事长 金监总局地方分局据悉提示银行缩短债券 久期 | --- | --- | --- | --- | |--------------------------|-------------|------------|--------------| | 指数 | 收市 | 日比 (%) | 5 日 (%) | | 恒生 | 17832.33 | 2.06 | (1.09) | | H 股 | 6371.78 | 1.93 | (1.53) | | 红筹 | 3799.40 | 1.62 | (2.75) | | HSC 大型股 | 1639.02 | 2.01 | (0.95) | | HSC 中型股 | 3412.42 | 1.60 | (1.41) | | AH股溢价 | 144.38 | (1.37) | 2.04 | | 沪深300 | 3468.17 | 1.14 | 0.65 | | 富时中国A50 | 12103.84 | 0.55 | (0.61) | | 上证180 | 7683.01 ...

Core Insights - The report highlights a slight increase in China's consumer price index (CPI) for June, rising by 0.2% year-on-year, indicating persistent deflationary pressures affecting economic recovery [7][19] - The report notes that the Chinese Securities Regulatory Commission has tightened short-selling regulations to combat improper arbitrage and maintain market stability [27] - The report discusses the significant transaction of four luxury houses on Hong Kong's Peak, sold for HKD 1.1 billion (approximately USD 141 million), marking the largest single transaction since the government's policy adjustments in February [9][10] Market Performance - The Hang Seng Index closed at 17,471.67, down 0.29% for the day and 2.82% over the past five days [2] - The H-share index closed at 6,251.18, reflecting a daily decrease of 0.39% and a five-day decline of 3.17% [2] - The Shanghai Composite Index and Shenzhen Component Index both experienced declines, with the Shanghai Composite showing a more significant drop [14] Economic Indicators - China's Producer Price Index (PPI) for June remained unchanged at -0.8% year-on-year, indicating ongoing deflationary trends [14] - The report mentions that the U.S. Federal Reserve Chairman Jerome Powell expressed cautious optimism about inflation trends, stating that there is not yet sufficient confidence that inflation will sustainably return to the 2% target [16][17] Corporate Developments - Apple plans to increase the shipment of its new iPhone model by 10% in the second half of the year, aiming for at least 90 million units [30] - TSMC reported a 40% year-on-year revenue growth in Q2, driven by the AI boom, with June revenue reaching TWD 207.9 billion [29] Regulatory Changes - The Chinese Securities Regulatory Commission has approved an increase in the margin ratio for short selling, effective from July 22, and has suspended the securities lending business from July 11 [27] - The report indicates that major Japanese banks are advising the Bank of Japan to significantly reduce its bond purchasing scale [4]

| --- | --- | --- | --- | |--------------------------|-------------|------------|--------------| | 指数 | 收市 | 日比 (%) | 5 日 (%) | | 恒生 | 17523.23 | (0.00) | (1.38) | | H 股 | 6275.64 | (0.14) | (1.56) | | 红筹 | 3812.51 | (0.49) | (3.05) | | HSC 大型股 | 1611.88 | 0.01 | (1.06) | | HSC 中型股 | 3398.37 | 0.57 | (1.59) | | AH股溢价 | 146.00 | 0.92 | 2.70 | | 沪深300 | 3439.81 | 1.12 | (0.92) | | 富时中国A50 | 12099.55 | 0.99 | (0.94) | | 上证180 | 7652.47 | 1.08 | (0.68) | | 上证380 | 4810.59 | 1.64 | (2.27) | | 台北加权 | 23900.08 | 0 ...

2024年7月9日 免责声明 . 主要新闻总结 恒指走势图 国指走势图 各股市走势图 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 07/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/24 沪深300走势图 标普500走势图 3,100 3,300 3,500 3,700 3,900 4,100 07/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/24 3,600 3,800 4,000 4,200 4,400 4,600 4,800 5,000 5,200 5,400 5,600 5,800 07/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/24 来源：彭博 | --- | --- | --- | --- | --- | --- | |-----------|-------------------------------|-------| ...

Core Insights - The report highlights a mixed performance in global stock markets, with U.S. indices rising due to weaker employment data, which has increased expectations for a Federal Reserve rate cut [2][9] - The Hang Seng Index and the China National Index both experienced declines, with the latter showing a significant drop [2] - The report provides a detailed overview of various indices, including their closing values and percentage changes over different time frames [4] Market Performance Summary - The Hang Seng Index closed at 17,799.61, down 1.27% for the day and up 0.47% over the past five days [4] - The H-share Index closed at 6,382.27, down 1.37% for the day and up 0.92% over the past five days [4] - The Shanghai Composite Index saw a decline, while the Shenzhen Component Index increased, indicating mixed performance in the Chinese markets [2] Economic Indicators - U.S. non-farm payrolls increased by 206,000 in June, surpassing market expectations of 190,000, while the unemployment rate rose to 4.1% [7][9] - The Eurozone's retail sales showed a month-on-month increase of 0.1%, slightly below the expected 0.2% [7] - Japan's current account balance was reported at ¥2,350.3 billion, indicating a positive trade balance [7] Company-Specific Developments - The report mentions that China’s central bank has signed agreements with several financial institutions for medium to long-term bond borrowing, amounting to several hundred billion yuan [15][16] - Canadian company Teck Resources received conditional approval from the Canadian government for a $6.9 billion acquisition by Glencore, aimed at protecting local jobs and the environment [24] - Foxconn's revenue exceeded expectations due to growth in AI server business, with June revenue reported at NT$490.7 billion (approximately $15.1 billion), reflecting a 19% year-on-year increase [24]

Market Overview - The Hang Seng Index closed at 18,028.28, with a daily change of +0.28% and a five-day change of -0.34% [3] - The H-share index closed at 6,470.86, with a daily change of +0.23% and a five-day change of -0.10% [3] - The Shanghai Composite Index and Shenzhen Component Index both experienced declines, with the Shenzhen Component showing a larger drop [5] Economic Indicators - Germany's factory orders decreased by 1.6% month-on-month, against a market expectation of +0.5% [5] - The UK construction PMI was reported at 54.0, above the previous value of 52.2 [5] Corporate News - AXA Group is reportedly considering merging its asset management business with BNP Paribas Asset Management, potentially creating a joint venture with approximately €1.4 trillion in assets under management [30] - Fubon Life plans to issue subordinated bonds with a maximum amount of NT$50 billion to strengthen its financial structure [30] - Foxconn is set to invest $551 million in two new projects in Vietnam, focusing on smart entertainment products and smart system equipment [30] - Shanghai Shimao reported that it has failed to make payments on debts totaling 13.305 billion yuan as of June 28 [30] International Developments - The European Central Bank's President, Christine Lagarde, emphasized the need for more data to ensure inflation trends downward before further rate cuts [11] - The ECB's Chief Economist, Philip Lane, expressed concerns about inflation pressures in the Eurozone, indicating that inflation remains around 4% [12] - The EU plans to impose temporary tariffs of up to 48% on Chinese electric vehicles, with ongoing negotiations for a potential alternative solution [18]

大中华经济要闻 中国财政部据悉要求承销团重新报送30年 国债需求 考虑央行拟借券影响 2 注*：其A股在深圳证券交易所上市。没有"*"符号港股，其A股在上海证券交易所上市 来源: 彭博、农银国际证劵 | --- | --- | --- | |--------------------------|--------------------------|------------------------| | | | | | 农银国际业务发展部连络人 | 农银国际机构销售部连络人 | 农银国际研究部连络人 | | 戴昕 | 林 青 | 陈宋恩 | | angeladai@abci.com.hk | sallylin@abci.com.hk | philipchan@abci.com.hk | | 电话:（852）2147 8810 | 电话: （852）2147 8835 | 电话: （852）2147 8805 | | | 伍华安 | 周秀成 | | | johnng@abci.com.hk | stevechow@abci.com.hk | | | 电话: （852）2147 8806 | 电话: （852）21 ...

每天导读 | --- | --- | --- | --- | |--------------------------|-------------|------------|--------------| | 指数 | 收市 | 日比 (%) | 5 日 (%) | | 恒生 | 17769.14 | 0.29 | (1.43) | | H 股 | 6374.91 | 0.68 | (1.03) | | 红筹 | 3932.61 | 1.69 | 1.08 | | HSC 大型股 | 1629.21 | 0.20 | (1.48) | | HSC 中型股 | 3453.36 | (0.32) | (1.34) | | AH股溢价 | 142.16 | (0.48) | 2.55 | | 沪深300 | 3471.79 | (0.18) | 0.40 | | 富时中国A50 | 12213.98 | 0.78 | 0.75 | | 上证180 | 7704.60 | 0.15 | 1.08 | | 上证380 | 4922.23 | (0.94) | 0.02 | | 台北加权 | 22879.37 | (0.7 ...