资讯日报-20250620

Market Overview - On June 19, the Hong Kong stock market experienced a decline, with the Hang Seng Index falling by 1.99% to close at 23,238 points, marking a year-to-date increase of 15.84%[4]. - The Hang Seng China Enterprises Index dropped by 2.13% to 8,411 points, with a year-to-date increase of 15.38%[4]. - The Hang Seng Tech Index decreased by 2.42% to 5,088 points, reflecting a year-to-date increase of 13.88%[4]. Sector Performance - Major technology stocks saw significant declines, with Meituan down nearly 4% and JD.com down 3.63%[10]. - Financial stocks, including banks and insurance companies, collectively fell, with China International Capital Corporation and China Galaxy Securities dropping over 5%[10]. - The tobacco sector faced notable losses, with Smoore International down 9.95% and China Tobacco Hong Kong down 3.44%[10]. Capital Flow - Southbound capital recorded a net inflow of HKD 1.427 billion on June 19[10]. Global Market Context - The U.S. stock market was closed on June 19, while the Dow Jones Industrial Average and S&P 500 showed slight declines of 0.10% and 0.03%, respectively, with year-to-date performances of -0.88% and +1.69%[4]. - The Nikkei 225 index in Japan fell by 1% amid rising tensions in the Middle East, ending a three-day upward trend[11]. Economic Indicators - Japan's CPI excluding fresh food rose by 3.7% year-on-year in May, marking the fastest growth since January 2023[13]. - The IMF warned of potential stagnation risks in the European economy if urgent actions are not taken to address growth slowdowns and geopolitical threats[13].