Market Overview - The Hang Seng Index closed at 23,530, up 1.26% for the day and 17.30% year-to-date[3] - The Hang Seng China Enterprises Index rose 1.38% to 8,527, with a year-to-date increase of 16.97%[3] - The Hang Seng Tech Index increased by 0.88% to 5,133, with a year-to-date gain of 14.88%[3] U.S. Market Performance - The Dow Jones Industrial Average rose slightly by 0.08% to 42,207, while the S&P 500 fell by 0.22% to 5,968, and the Nasdaq Composite dropped by 0.51% to 19,447[3] - The S&P 500 has a year-to-date performance of 1.47%, while the Nasdaq is up 0.71%[3] Sector Highlights - Major tech stocks in Hong Kong rebounded, with Tencent and Alibaba both rising by 1.5%[8] - Insurance stocks saw significant gains, with China Life and Xinhua Insurance both increasing over 4%[8] - Coal stocks also performed well, with Mongolian Energy surging by 8.47%[8] Investment Trends - Net inflow into Hong Kong Stock Connect was HKD 2.793 billion[8] - The market is currently in a policy observation phase, with expectations of potential interest rate cuts in the second half of the year[8] Japanese Market Insights - The Nikkei 225 index fell by 0.22% to 38,403, with a year-to-date decline of 3.74%[3] - Japan's core inflation rate rose to 3.7%, exceeding market expectations and increasing pressure on the Bank of Japan to consider rate hikes[12] Cryptocurrency and Stablecoin Developments - Circle's stock surged by 20% to USD 240.28 following the passage of the GENIUS Act, which establishes a regulatory framework for stablecoins[13] - The total market value of stablecoins is projected to grow from approximately USD 250 billion to between USD 2 trillion and USD 3 trillion by 2030[13]
资讯日报-20250623
Guoxin Securities Hongkong·2025-06-23 03:31