Market Performance - The Hang Seng Index closed at 23,600, down 0.76% for the day but up 17.65% year-to-date [1] - The Hang Seng Tech Index fell 2.04% to 5,845, with a year-to-date increase of 30.82% [1] - The US stock market showed mixed results, with the Dow Jones down 0.20% and the S&P 500 up 0.49% [6][7] Economic Indicators - The US budget deficit for February was 296.2 billion [10] - The US inflation rate for February was reported at 2.8%, with core inflation dropping to 3.1%, both lower than market expectations [11][12] - The EU proposed a new law to reduce dependency on foreign pharmaceutical supplies, allowing financial support for domestic production [22] Company Developments - Industrial and Commercial Bank of China (ICBC) established a technology innovation fund of 800 billion RMB to support hard technology and private enterprises [24] - Toyota plans to launch three new electric vehicles in Europe this year to compete with Tesla and Chinese automakers [25][27] - JD.com announced the establishment of a new health company in Shenzhen with a registered capital of 10 million RMB [28] Market Trends - The Hong Kong stock market experienced a decline, with significant drops in technology and healthcare stocks, while some resource and energy stocks performed well [5][6] - European markets saw a general increase, driven by improved investor sentiment following lower-than-expected US inflation data [7] IPO Information - Recent IPOs include Chifeng Jilong Gold Mining, which listed on March 10, 2025, with a current price of 13.64 HKD, showing a slight decline since its debut [40] - Upcoming IPOs include several companies across various sectors, indicating a diverse market interest [41]
越秀证券：每日晨报-20250313
越秀证券·2025-03-13 08:28