农银国际证券：每天导读-20250206

Core Insights - The report highlights a significant increase in the Hang Seng Index, which closed at 20,789.96, reflecting a daily increase of 2.83% and a 5-day increase of 5.53% [1] - The H-share index also saw a notable rise, closing at 7,643.63 with a daily increase of 3.51% and a 5-day increase of 6.69% [1] - The report indicates a general upward trend across various sectors in the Hong Kong stock market, particularly in the non-essential consumer sector, which led the gains [6] Economic Data Summary - The report provides key economic indicators from the US, including a 2.2% decline in durable goods orders for December and a factory orders decrease of 0.9% [7] - The JOLTS job openings for December were reported at 7,600k, below the market expectation of 8,000k [7] - In the context of the Greater China region, the report notes a 9.7% year-on-year decline in Hong Kong's retail sales value for December, with expectations for the current year's retail data to remain flat [10] Industry News - The report mentions that the European Union plans to strengthen customs checks on e-commerce shipments from non-EU countries, targeting companies like Temu and Shein to ensure fair competition and product safety [10] - It also highlights China's implementation of export controls on tungsten, tellurium, bismuth, molybdenum, and indium-related items to safeguard national security [10] - The automotive sector in China is noted for its robust growth, with a reported 20% year-on-year increase in vehicle exports, maintaining its position as the world's largest exporter for two consecutive years [10]