新华财经晚报：上半年恒生指数涨幅高居全球第三

Key Points - The manufacturing purchasing managers' index (PMI) for June rose to 49.7%, indicating a slight recovery in the manufacturing sector [1] - The non-manufacturing business activity index for June increased to 50.5%, suggesting expansion in the services sector [1] - The comprehensive PMI output index for June reached 50.7%, reflecting overall economic expansion [1] - The Chinese Ministry of Commerce announced the continuation of anti-dumping duties on imported stainless steel billets and hot-rolled sheets from the EU, UK, South Korea, and Indonesia, effective from July 1, 2025, for a period of five years [1] - In the first half of the year, the Shanghai Composite Index rose by 2.76%, while the Hang Seng Index saw a significant increase of 20%, ranking third globally among major indices [3] Domestic News - The Ministry of Commerce's recommendation for anti-dumping measures is based on investigations and aims to protect domestic industries [1] - The rise in the manufacturing PMI and non-manufacturing indices indicates a positive trend in China's economic recovery [1] International News - The European Central Bank's current interest rate policy is deemed appropriate for achieving a 2% inflation target, with all options for rate adjustments remaining open [4] - The Swiss National Bank maintained low levels of foreign exchange purchases, consistent with previous quarters [4] Economic Data - The Hang Seng Index's performance is notable, with a 20% increase, making it the third-highest among global indices, following South Korea's KOSPI and Germany's DAX [3] - The overall increase in Chinese assets reflects resilience amid economic pressures [3]