Xin Yong An Guo Ji Zheng Quan·2025-07-04 02:28Economic Indicators - The U.S. non-farm payrolls increased by 147,000 in June, exceeding expectations for the fourth consecutive month[12] - The unemployment rate fell to 4.1%, indicating a healthy labor market despite economic slowdown[12] - The healthcare sector added 59,000 jobs, marking the lowest increase in four months[12] Market Reactions - A-shares showed a strong performance with the Shenzhen Composite Index rising by 1.17% and the ChiNext Index increasing by 1.9%[1] - The Shanghai Composite Index rose by 0.18%, closing at 3,461.15 points[1] - The Hang Seng Index dropped by 0.63%, closing at 24,069.94 points, while the Hang Seng Tech Index fell by 0.67%[1] Trade and Tariffs - President Trump may begin notifying countries of new tariff rates as early as Friday, intensifying trade negotiations[12] - The European Union aims to reach a preliminary trade agreement with the U.S. before July 9[12] Investment Trends - Alibaba's Taobao Flash Sale announced a direct subsidy of 50 billion RMB over the next 12 months to stimulate consumer spending[14] - China National Building Material issued 1 billion RMB in tech innovation bonds, with an oversubscription of 2.71 times[14]