农银国际证券：每天导读-20250214

Core Insights - The report highlights the recent fluctuations in major stock indices, with the Hang Seng Index closing at 21,814.37, down 0.20% for the day but up 4.42% over the past five days [2] - The report notes that the U.S. stock market saw gains across major indices, particularly the Nasdaq, which rose significantly due to easing trade concerns following President Trump's announcement regarding tariffs [7] - Economic indicators from the U.S. showed a higher-than-expected increase in wholesale inflation, with the Producer Price Index (PPI) rising by 0.4% month-on-month in January, indicating ongoing inflationary pressures [9] Economic Data Summary - U.S. PPI month-on-month: January actual 0.4%, previous 0.5% [8] - U.S. PPI excluding food and energy month-on-month: January actual 0.3%, previous 0.4% [8] - U.S. PPI year-on-year: January actual 3.5%, previous 3.5% [8] - U.S. PPI excluding food and energy year-on-year: January actual 3.6%, previous 3.7% [8] Company News - Apple is set to hold a product launch event on February 19, potentially introducing a new iPhone SE model, which has already positively impacted its stock price [9] - Keda Xunfei is expected to complete the training of its new domestic AI model by March, aiming to match world-class standards [9] - Greentown China has priced a $350 million bond for refinancing, marking the first issuance of U.S. dollar bonds by a major Chinese property developer in 2023 [9]