农银国际证券：每天导读-20250318

Market Overview - The US stock market experienced declines across all three major indices, with the Dow Jones showing the largest drop due to tariff measures affecting Canada and Mexico [6] - European markets also fell, with the German DAX index recording the most significant decrease [6] - Hong Kong's stock indices declined, particularly the National Index, while the materials sector led gains in the Hong Kong market [6] - A-shares showed mixed results, with the Shenzhen Composite Index rising the most, and the technology sector leading gains in the CSI 300 index [6] Economic Data - In February, US vehicle sales were reported at 16.00 million, slightly below the market expectation of 16.14 million [7] - The Eurozone's unemployment rate for January was reported at 6.20%, better than the expected 6.30% [7] - China's Caixin Services PMI for February was released at 49.0, indicating a contraction compared to the previous month's 51.0 [7] International Economic News - The US Commerce Secretary indicated that the Trump administration is considering reducing tariffs on goods from Mexico and Canada [9] - Global manufacturing activity expanded for the second consecutive month, with the manufacturing index rising from 50.1 in January to 50.6 in February [9] - China announced retaliatory tariffs on certain US agricultural products, with rates reaching up to 15% [9] Corporate News - Target and Best Buy warned consumers of impending price increases due to new tariffs imposed by the Trump administration [9] - CK Hutchison announced a principle agreement to sell 90% of its Panama Ports Company to the BlackRock-TiL consortium [9] - China Jinmao is set to acquire a 49% stake in Xi'an Changmao for approximately 1.69 billion RMB [9]