国新证券每日晨报-20250718

Domestic Market Overview - The domestic market experienced a rise in both volume and price, with the Shanghai Composite Index closing at 3516.83 points, up 0.37%, and the Shenzhen Component Index closing at 10873.62 points, up 1.43% [1][4][9] - A total of 26 out of 30 sectors in the CITIC first-level industry rose, with significant gains in defense, military, communication, and electronics, while electricity, public utilities, banking, and transportation saw declines [1][4][9] - The total trading volume of the A-share market reached 15603 billion, showing an increase compared to the previous day [1][4][9] Overseas Market Overview - All three major U.S. stock indices closed higher, with the Dow Jones up 0.52%, the S&P 500 up 0.54%, and the Nasdaq up 0.74% [2][4] - Notable gains were seen in large tech stocks, with the Travelers Group rising over 3% and Disney nearly 2% [2][4] - Chinese concept stocks mostly rose, with Lingzhangmenhu increasing over 10% and NIO rising more than 6% [2][4] Key News Highlights - The Chinese Ministry of Foreign Affairs stated that fentanyl is a problem for the U.S., not China [3][11] - The mutual visa exemption agreement between China and Malaysia has officially come into effect [3][12] - The Yiwu Global Trade Center is set to open in October, attracting over 19,000 applicants for 900 shops, indicating strong demand [3][14] - China's annual import and export total for intellectual property usage fees is projected to reach 3987.1 billion by 2024, with a compound annual growth rate of 5.7% [3][15] - The U.S. Congress has officially approved the stablecoin bill, aiming for significant regulatory reform in cryptocurrency [3][17]