Group 1 - The Shanghai Composite Index rose by 0.48% on July 10, reaching a 9-month high, with real estate stocks experiencing a surge and banks, brokerages, and rare earths showing significant gains [1] - In June, the Manufacturing Purchasing Managers' Index (PMI) was reported at 49.7%, the Non-Manufacturing Business Activity Index at 50.5%, and the Composite PMI Output Index at 50.7%, indicating a recovery in all three indices, with the manufacturing PMI and composite PMI rising for two consecutive months [1] - The improvement in manufacturing sentiment suggests a continued expansion in economic activity, supported by various growth-stabilizing policies, which are expected to enhance the internal driving force of economic operations [1] Group 2 - The continuous rise in PMI over two months indicates a recovery in corporate credit demand and a peak decline in non-performing loan rates, which is expected to improve the fundamentals of the banking sector [1] - Banks are direct beneficiaries of real estate policies aimed at stabilizing the market, with specific measures like the "guarantee delivery" loans and the whitelist for property companies easing real estate risks [1] - As real estate stocks surged, banks also performed well, with expectations that if the Shanghai Index breaks through 3500 points, it could further boost market sentiment and attract more capital [1] Group 3 - In July, the market is entering the earnings disclosure period, and with recent performance trends, funds are likely to focus on identifying investment opportunities around earnings [2] - The Bank ETF (515020) increased by 1.21%, while the Hong Kong Stock Connect Financial ETF (513190), which has the highest bank exposure, rose over 3% with a trading volume exceeding 700 million yuan [2]
上证指数收盘破3500点 盘中创9个月新高 地产大爆发 如何看?
Sou Hu Cai Jing·2025-07-10 08:50