浙商早知道-20250606

Market Overview - On June 5, the Shanghai Composite Index rose by 0.23%, the CSI 300 increased by 0.23%, the STAR Market 50 gained 1.04%, the CSI 1000 was up by 0.72%, the ChiNext Index increased by 1.17%, and the Hang Seng Index rose by 1.07% [4] - The best-performing sectors on June 5 were telecommunications (+2.62%), electronics (+2.31%), computers (+2.12%), media (+1.27%), and machinery equipment (+0.98%). The worst-performing sectors were beauty and personal care (-3.07%), textiles and apparel (-1.81%), agriculture, forestry, animal husbandry, and fishery (-1.79%), comprehensive (-1.3%), and pharmaceuticals and biology (-1.01%) [4] - The total trading volume for the A-share market on June 5 was 13,169.62 billion yuan, with a net inflow of 741 million Hong Kong dollars from southbound funds [4] Key Insights - The macroeconomic report discusses the GENIUS Act promoted by Trump, which has multiple objectives: to assist in financing U.S. short-term government bonds, to benefit cryptocurrency stakeholders, and to favor Trump's family [5] - The report maintains a neutral stance on the market outlook, with the driving factor being the passage of the GENIUS Act [5] - It clarifies that issuing stablecoins does not equate to issuing currency and that stablecoin issuance cannot be used to eliminate debt [5]