农银国际证券：每天导读-20241013

Core Insights - The report highlights a significant expansion in the US service sector, with the ISM services index rising to 54.9 in September, marking the fastest growth since early 2023 [7][8] - The report notes a decline in major stock indices in the US and Europe, with the Dow Jones experiencing the largest drop [5] - The report indicates that the Hang Seng Index and other Hong Kong stocks have seen a pullback after a six-day rally, particularly in the real estate sector [5][21] Economic Indicators - The US ISM services index increased by 3.4 points to 54.9, surpassing the expected 51.7, indicating robust economic activity [7] - Factory orders in the US showed a slight increase of 0.1% in September, compared to a previous decline of 0.2% [5] - The Eurozone's PPI month-on-month change was reported at 0.5%, slightly below the expected 0.6% [5] Market Performance - The Hang Seng Index closed at 22,113.51, down 1.47% for the day but up 15.60% over the past five days [2] - The Shanghai Composite Index was reported at 4,017.85, with a notable increase of 8.48% for the day [2] - The report shows a mixed performance in global markets, with the Nikkei 225 down 2.18% and the S&P 500 down 0.17% [2][5] Company News - Nvidia's CEO highlighted a "crazy" demand for the Blackwell chips, indicating strong market interest and production capacity [24] - WuXi AppTec is reportedly planning to sell parts of its business in response to upcoming US national security regulations [25] - Shein is advancing its IPO process, preparing for early informal investor meetings to gauge interest [27]