农银国际证券：每天导读-20250217

Core Insights - The report highlights a significant decline in US retail sales for January, marking the largest drop in nearly two years, with a month-on-month decrease of 0.9% [7][9] - The report notes that the Hang Seng Index and the National Index both rose, with tech stocks leading the gains in the Hang Seng Index [7] - The report indicates that the Chinese central bank's governor expressed optimism about consumer demand and inflation, suggesting a stronger economic outlook for China [9] Market Performance - The Hang Seng Index closed at 22,620.33, up 3.69% for the day and 7.04% over the past five days [2] - The H-share index closed at 8,331.40, reflecting a daily increase of 4.11% and a five-day increase of 7.03% [2] - The Shanghai Composite Index and Shenzhen Component Index both experienced gains, with the Shenzhen Component showing a larger increase [7] Economic Data - The US retail sales data for January showed a 0.9% decline, while sales excluding automobiles fell by 0.4% [8][9] - China's new RMB loans in January reached a record high of 5.13 trillion yuan, the highest for the same month since 1992 [9] - The report mentions that the US industrial output increased by 0.5% in January, exceeding expectations [9] Corporate News - Starbucks plans to open approximately 500 new stores in the Middle East over the next five years, aiming to recover from previous challenges [9] - JX Advanced Metals, a major semiconductor materials supplier, is seeking to raise about $3 billion through an IPO, which would be Japan's largest IPO since 2018 [9] - Coinbase reported a significant increase in revenue and profit for the last quarter, with revenue soaring to $2.27 billion, surpassing analyst expectations [9]