中美就经贸问题举行会谈；八部门印发汽车行业稳增长工作方案丨盘前情报

Market Performance - The A-share market saw collective gains across the three major indices from September 8 to September 12, with the Shanghai Composite Index rising by 1.52% to close at 3870.60 points, the Shenzhen Component Index increasing by 2.65% to 12924.13 points, and the ChiNext Index up by 2.10% to 3020.42 points [2] - Approximately 63% of stocks experienced gains during the week, with 157 stocks rising over 15% and 20 stocks declining more than 15% [2] - Key sectors that performed well included components, motors, electronics, automation equipment, and aquaculture, while sectors such as photovoltaic equipment, leisure food, chemical pharmaceuticals, wind power equipment, and professional chains saw declines [2] International Market Overview - In the U.S. stock market on September 12, the Dow Jones Industrial Average fell by 0.59% to 45834.22 points, the S&P 500 decreased by 0.05% to 6584.29 points, while the Nasdaq Composite rose by 0.44% to 22141.10 points [4] - European markets showed mixed results, with the UK FTSE 100 down by 0.15%, the French CAC 40 up by 0.02%, and the German DAX down by 0.02% [3] Oil Prices - International oil prices increased on September 12, with light crude oil futures for October delivery rising by $0.32 to $62.69 per barrel, a gain of 0.51%, and Brent crude oil futures for November delivery up by $0.62 to $66.99 per barrel, a rise of 0.93% [3] Policy Developments - The Chinese government, through eight departments, issued a plan to stabilize growth in the automotive industry for 2025-2026, focusing on the industrial application of intelligent connected technologies and promoting the integration of vehicle-road-cloud systems [5] - A draft regulation on the management of clinical research and application of new biomedical technologies was approved, aiming to enhance the quality and safety of clinical applications and promote the biomedical industry [6] - The National Internet Information Office is soliciting opinions on a draft regulation to encourage financial institutions to explore the use of digital RMB for cross-border payments [7] Trade Investigations - The Ministry of Commerce announced an anti-dumping investigation into imported related analog chips from the U.S., following a formal request from the Jiangsu Semiconductor Industry Association [8] - An investigation was initiated regarding discriminatory measures taken by the U.S. against China's integrated circuit sector, based on preliminary evidence [8] Institutional Insights - Citic Securities highlighted the shift of more listed companies from domestic exposure to global exposure, emphasizing the need for a global perspective in economic analysis [9] - Galaxy Securities noted that limited inflation growth in the U.S. and a weakening job market have strengthened expectations for interest rate cuts by the Federal Reserve, which could positively impact the A-share market [9]