越秀证券：每日晨报-20240923

Market Performance - The Hang Seng Index closed at 18,258, up 1.36% for the day and up 7.10% year-to-date [1] - The Hang Seng Tech Index closed at 3,703, up 1.43% for the day but down 1.61% year-to-date [1] - The Dow Jones Index closed at 42,063, up 0.09% for the day and up 11.60% year-to-date [1] - The S&P 500 Index closed at 5,702, down 0.19% for the day and up 19.55% year-to-date [1] - The Nasdaq Index closed at 17,948, down 0.36% for the day and up 19.56% year-to-date [1] Company News - WuXi Biologics (02269.HK) repurchased 54,000 shares at a total cost of approximately HKD 660,000 [6] - WuXi AppTec (02359.HK) repurchased 1.3422 million A shares at a total cost of approximately RMB 54.45 million [7] - The People's Bank of China reported that financial institutions' liabilities increased by 6.9% year-on-year as of the end of Q2 2024, with insurance liabilities increasing by 16.5% [8] Regulatory and Market Developments - The Hong Kong Stock Exchange announced the establishment of a dedicated task force for a comprehensive fund platform to enhance the fund distribution ecosystem in Hong Kong [10][11] - The China Securities Regulatory Commission reported that the total trading volume of non-exchange traded investment products reached RMB 4.338 trillion in 2023, a 14% increase year-on-year [14] IPO Market - Reports indicate that at least three Chinese tea companies, including Mixue Ice City, Gu Ming, and Hu Shang Ayi, have had their IPO plans in Hong Kong suspended due to poor market performance and weak consumer confidence [14] Financial Sector Insights - The total assets of financial institutions in mainland China reached RMB 480.64 trillion as of the end of Q2 2024, with a year-on-year growth of 7% [8] - The total liabilities of financial institutions were RMB 438.68 trillion, reflecting a year-on-year increase of 6.9% [8]