信达国际港股晨报快-20250411

Market Overview - The Hang Seng Index is expected to face resistance at 22,000 points due to increased tariffs on Chinese imports by the US, which have risen to 125% [2] - The Chinese government is anticipated to implement additional economic stimulus measures to stabilize the capital market and promote economic growth [2][9] - The market sentiment is likely to be affected by ongoing US-China trade tensions unless negotiations are resumed [2] Sector Outlook - High dividend stocks are favored in the current volatile market as investors seek safe havens amid rising expectations for interest rate cuts [3] Macro Focus - China's CPI fell by 0.1% in March, marking two consecutive months of deflation, while PPI decreased by 2.5%, indicating economic challenges [5][9] - The US CPI rose by 2.4% year-on-year in March, which was below expectations, suggesting a potential slowdown in inflation [10] - The US Federal Reserve is expected to maintain interest rates steady, with two rate cuts anticipated later this year [7] Corporate News - Contemporary Amperex Technology Co., Ltd. (CATL) has received approval to list in Hong Kong, aiming to raise at least $5 billion [6] - Geely Automobile's first-quarter profit is projected to increase by over 2.2 times following changes in accounting policies [6] - Anta Sports has acquired the German brand Jack Wolfskin for $290 million [6] - Prada has purchased Versace for over $1.375 billion [6] - Sunny Optical's smartphone lens shipments fell by 16% in March [6] International Market Outlook - The US is experiencing increased economic uncertainty, with predictions of a potential recession due to tariff impacts [10] - The European Union plans to delay the implementation of retaliatory tariffs against the US for 90 days, allowing for negotiation opportunities [10] - The EU is also seeking to establish a minimum pricing mechanism with China to replace tariffs on electric vehicles [10]