券商中国·2025-04-03 12:55Macro Dynamics - The Ministry of Commerce of China has initiated a global safeguard investigation into imported beef, responding to domestic industry requests, with the investigation process including information disclosure and hearings [2] Financial Institutions - The former Party Secretary and President of China Construction Bank's Henan branch, Shi Tingfeng, is under investigation for serious violations of discipline and law [4] Market Data - The ChiNext Index fell by 1.86%, with significant declines in high export proportion concept stocks, leading to a total market turnover of 1.14 trillion yuan, an increase of 163.1 billion yuan from the previous trading day [7] - The financing balance of the two markets decreased by 2.008 billion yuan, with the Shanghai Stock Exchange reporting a balance of 963.374 billion yuan and the Shenzhen Stock Exchange reporting 931.932 billion yuan [8] - The Hong Kong Hang Seng Index closed down 1.52%, with notable declines in companies like BYD Electronics and Lenovo Group [9] Company Dynamics - Volkswagen plans to increase the prices of cars shipped to the U.S. due to a 25% tariff imposed by President Trump, indicating a direct impact on the company's operations [10] - Dongpeng Beverage has submitted an application for issuing H-shares and listing on the Hong Kong Stock Exchange, pending approval from relevant regulatory bodies [11] - Meituan's CEO Wang Xing announced organizational adjustments and personnel appointments, including the integration of the review business into the core local business [12] - Wanhua Chemical's Yantai industrial park's ethylene phase II project has successfully produced qualified ethylene products, enhancing the company's competitive edge [13] - Lier Chemical expects a net profit increase of 203% to 224% year-on-year for Q1 2025, driven by rising sales and prices of certain products [14]