Zhong Guo Ji Jin Bao·2025-06-18 04:50Market Overview - A-shares and Hong Kong stocks continued to adjust, with major indices in A-shares showing slight declines: Shanghai Composite Index down 0.2%, Shenzhen Component down 0.15%, and ChiNext down 0.36% [2][3] - The trading volume in the A-share market decreased by 28.5 billion yuan, totaling 743 billion yuan [2] - In Hong Kong, the Hang Seng Index and other indices fell by over 1% [3] Banking Sector - Multiple bank stocks reached historical highs, including CITIC Bank, Beijing Bank, Shanghai Pudong Development Bank, and others [4] Financial Policies - At the 2025 Lujiazui Forum, the People's Bank of China announced eight significant financial policies aimed at innovation in structural monetary policy tools, including blockchain credit refinancing and cross-border trade refinancing [6] - The financial regulatory authority emphasized the removal of restrictive measures in the banking and insurance sectors, promoting foreign investment participation in more financial business trials [6] Military Industry - The military sector showed strong performance, with stocks like Northern Long Dragon and others experiencing significant gains [7][9] - The 55th Paris Air Show showcased key Chinese aviation products, indicating potential growth in military trade [9] Oil and Gas Sector - Jixing New Energy saw a dramatic increase of over 370% amid rising oil prices due to geopolitical tensions [10] - The company reported a total net income of 272.34 million Canadian dollars for Q1 2025, a decrease of 2.72% year-on-year, with a loss of 3.576 million Canadian dollars [10] - High oil prices are expected to continue, with Brent crude potentially rising above $90 per barrel if Iranian supply is disrupted [10] Stock Performance - Several oil and gas stocks experienced significant price increases, including Yuanheng Gas and others, with gains ranging from 14.79% to 45.45% [11][12]