国新证券每日晨报-20250703

Domestic Market Overview - The domestic market experienced a narrow range consolidation with a decrease in trading volume, with the Shanghai Composite Index closing at 3454.79 points, down 0.09% [1][4][9] - The Shenzhen Component Index closed at 10412.63 points, down 0.61%, while the ChiNext Index fell by 1.13% [1][4][9] - Among 30 first-level industries, 13 saw an increase, with steel, coal, and building materials leading the gains, while comprehensive finance, defense, and electronics faced significant declines [1][4][9] Overseas Market Overview - The US stock market showed mixed results, with the Dow Jones down 0.02%, the S&P 500 up 0.47% reaching a new historical high, and the Nasdaq up 0.94% [2][4] - Notably, Tesla's stock rose nearly 5%, and Nvidia increased by over 2% [2][4] Key News Highlights - Chinese Finance Minister attended the UN Fourth International Conference on Financing for Development, emphasizing global cooperation in addressing development challenges [3][11] - The EU Commission President met with China's Foreign Minister to discuss enhancing cooperation and addressing mutual concerns [3][12][13] - Sichuan Province announced support for the development of duty-free shops in Chengdu, aiming to boost local consumption [3][14][15] - A Chinese official suggested the potential for Hong Kong to develop an offshore RMB stablecoin, reflecting the growing trend of digital assets [3][16] - Former US President announced a trade agreement with Vietnam, imposing tariffs on Vietnamese exports to the US [3][18] Market Drivers - The China Securities Regulatory Commission emphasized the need to optimize capital market mechanisms to promote efficient resource allocation and investor protection [10] - On the same day, 1945 stocks rose while 3284 fell, indicating a mixed market sentiment [10]