国新证券每日晨报-20250507

Domestic Market Overview - The A-share market opened positively in May, with the Shanghai Composite Index closing at 3316.11 points, up 1.13%, and the Shenzhen Component Index closing at 10082.34 points, up 1.84% [1][4] - A total of 29 out of 30 sectors in the CITIC first-level industry index saw gains, with comprehensive finance and computer & communication sectors leading the increase, while only the banking sector experienced a slight decline [1][4] - The total trading volume of the entire A-share market reached 13644 billion, showing an increase compared to the previous day [1][4] Overseas Market Overview - The three major U.S. stock indices all closed lower, with the Dow Jones down 0.95%, the S&P 500 down 0.77%, and the Nasdaq down 0.87%. Merck led the decline, falling over 4% [2][4] - Chinese concept stocks mostly rose, with notable increases such as Brain Rebirth up over 62% and Pony.ai up over 47% [2][4] Key News Highlights - Chinese Vice Premier He Lifeng will visit Switzerland and France for high-level economic talks with the U.S. and the tenth Sino-French economic and financial dialogue [3][10] - The Chinese government plans to adopt more proactive macroeconomic policies to support growth, aiming for a GDP growth target of around 5% by 2025 [11] - The Ministry of Culture and Tourism estimates that 314 million domestic trips will be made during the "May Day" holiday in 2025, reflecting a year-on-year increase of 6.4% [14] - The UK and India have signed a free trade agreement, expected to increase bilateral trade by £25.5 billion (approximately 246.3 billion yuan) annually by 2040 [16][17]