华尔街见闻早餐FM-Radio | 2025年9月6日

Market Overview - US non-farm payroll data was disappointing, raising recession concerns and increasing expectations for interest rate cuts, with investors betting on three cuts by the Federal Reserve this year and a 50 basis point cut in September becoming more likely [2][11] - Major US stock indices opened high but fell back due to concerns that the Fed's actions may lag behind the economic situation, with the Nasdaq dropping over 1.5% from its daily high [2] - AMD shares fell by 6.58%, while Nvidia dropped 2.7% to a near two-month low; Broadcom surged over 9% [2] - The yield on US Treasury bonds fell across the board, with the 10-year yield dropping over 8 basis points, and the 2-year yield hitting its lowest since 2022 [2] - The dollar index fell by over 0.9% compared to the previous day's close in New York [2] Key Developments - The China Securities Regulatory Commission (CSRC) is seeking opinions on lowering public fund subscription and sales service fees to enhance direct sales channels, with caps on fees for different fund types being reduced significantly [10] - In the real estate sector, Shenzhen's Luohu district and other areas have lifted purchase restrictions, allowing non-residents to buy two properties [10] - Japan announced a historic minimum wage increase of 6.3%, signaling a potential shift towards tighter monetary policy by the Bank of Japan [5][15] - Tesla's board has proposed an unprecedented $1 trillion compensation plan to retain CEO Elon Musk, contingent on achieving performance targets [16] - Baidu reported that its Apollo autonomous vehicle program is now among the top two globally, with significant growth in commercial orders [16] Company-Specific Insights - Morgan Stanley identified Midea as the best stock in China's home appliance sector, citing strong second-quarter results and a shareholder return plan of 6-7% [19] - OpenAI has reportedly reached a $10 billion deal with Broadcom to produce self-developed AI chips, aiming to reduce reliance on Nvidia [22] - Barclays noted that Anthropic's API business has surpassed OpenAI in scale and growth, contributing significantly to AWS revenue [23] - Apple has seen record revenue in India, reaching $9 billion, with iPhone sales making up a large portion of this growth [24]