国新证券股份：每日晨报-20250305

Domestic Market Overview - The domestic market showed weakness and fluctuated downwards, with the Shanghai Composite Index closing at 3320.9 points, down 1.98%, and the Shenzhen Component Index at 10611.24 points, down 2.89% [1][5][9] - Among 30 first-level industries, 29 experienced declines, with the computer, electronics, and communication sectors leading the losses, while only the food and beverage sector saw a slight increase [1][5][9] - The total trading volume of the A-share market was 190.55 billion yuan, a decrease from the previous day [1][5][9] Overseas Market Overview - All three major U.S. stock indices closed higher, with the Dow Jones up 1.39%, the S&P 500 up 1.59%, and the Nasdaq up 1.63% [2][5] - Notable stock performances included Nvidia rising over 3% and Tesla nearly 4%, while Chinese concept stocks generally declined, with Canadian Solar down over 10% [2][5] Economic Indicators - The National Bureau of Statistics reported that the manufacturing PMI for February was 50.2, indicating an increase of 1.1 percentage points from the previous month, while the non-manufacturing PMI was 50.4, up 0.2 percentage points [10][21] - The GDP for 2024 is projected to grow by 5.0% year-on-year, with the primary, secondary, and tertiary industries showing respective growth rates of 3.5%, 5.3%, and 5.0% [16][18] Policy Developments - A meeting of the Central Political Bureau discussed the government work report, emphasizing the need for high-quality development and economic stability [12][13] - A joint meeting by five departments focused on financial support for the high-quality development of private enterprises, highlighting the importance of a supportive financial environment [14][15]