2 1 Shi Ji Jing Ji Bao Dao·2025-08-12 23:37Economic Policy - The U.S. and China have agreed to suspend the implementation of 24% tariffs on each other's goods for 90 days starting August 12, 2023 [2] - The Chinese government has introduced a subsidy policy for personal consumption loans and service industry loans to stimulate consumer spending [2][5] Macro Economy - In the first half of the year, 13.278 million new business entities were established in China, showing stable growth across various types of businesses [4] - The National Development and Reform Commission reported that the recent round of fuel price adjustments will not change gasoline and diesel prices due to insufficient price changes [4] - The Ministry of Commerce has initiated anti-dumping investigations on Canadian canola and pea starch imports, indicating trade tensions [4] - The Yangtze River Delta region's economic data shows Shanghai leading with a GDP of 26,222.15 billion yuan, while Zhoushan recorded the highest growth rate at 6.9% [4] Investment News - The A-share financing balance has reached 2 trillion yuan, marking a significant increase and indicating a strong market sentiment [7] - Hong Kong's IPO market has seen robust growth, with 53 companies raising approximately 127 billion HKD in the first seven months of the year, a year-on-year increase of over 600% [7] - More than 50 listed companies in China have announced interim dividend plans, with total cash dividends exceeding 82 billion yuan [7] Company Developments - Cambricon Technologies' stock hit a historical high amid rumors of increased procurement, although the company advised against believing external speculation [8] - Kweichow Moutai reported a revenue of 89.389 billion yuan in the first half of the year, a year-on-year increase of 9.1% [8] - China Unicom's revenue surpassed 200 billion yuan in the first half, with a 1.5% year-on-year growth, and announced an interim dividend of 0.2841 yuan per share, up 14.5% [8] - Golden Dragon Fish achieved a revenue of 115.682 billion yuan, a 5.67% increase, and a net profit of 1.756 billion yuan, a 60.07% increase [8]