农银国际证券：每天导读-20250313

Market Overview - The US stock market saw declines across all three major indices, with the Dow Jones experiencing the largest drop due to concerns over tariff risks [5] - European stock markets also fell, while the Hang Seng Index decreased and the National Index increased, indicating mixed performance across sectors [5] - The Shanghai Composite Index and Shenzhen Component Index both rose, with the Shanghai Composite showing a larger increase [5] Economic Data - Japan's GDP growth for Q4 was reported at 0.6% quarter-on-quarter, slightly below the market expectation of 0.7% [6] - The annualized GDP growth for Japan in Q4 was 2.2%, also below the expected 2.8% [6] - China's government is encouraging local authorities to utilize special bonds to support land reserves and stabilize the real estate market [8] Corporate News - Volkswagen anticipates its profitability to remain stable this year, facing challenges from weak European demand and escalating trade conflicts [8] - Nissan is seeking new partnerships for product development, moving beyond just contract manufacturing [8] - Huaxia Happiness announced plans to transfer part of its assets for 537 million RMB [8] Investment Trends - South Korean investors recorded the highest level of investment in Hong Kong stocks in three years, indicating a strong interest in the market [8] - The Chinese government aims to consolidate market stability and support the issuance of shares by quality unprofitable tech companies [8] Stock Performance - The Hang Seng Index closed at 23,782.14, down 0.01% for the day but up 3.66% over the past five days [5] - The H-share index closed at 8,755.37, up 0.35% for the day and 4.64% over the past five days [5] - The AH premium stands at 132.79, reflecting a 0.94% increase [5]