券商中国·2025-04-24 13:05Macro Dynamics - The Ministry of Finance allocated 47.1 billion yuan for water conservancy development in 2025, focusing on ensuring water safety, enhancing people's well-being, and promoting county economic development [2] - The People's Bank of China will conduct a 600 billion yuan MLF operation on April 25, 2025, to maintain liquidity in the banking system, with a net injection of 500 billion yuan [3] - The Ministry of Commerce responded to the U.S. claims of tariff reduction, emphasizing that unilateral tariffs harm international trade order and should be removed through dialogue [4] Financial Institutions - China Ping An plans to issue domestic bond financing tools, with a total amount not exceeding 50 billion yuan, subject to shareholder approval on May 13 [5][6] Market Data - On April 24, A-shares showed mixed performance with the Shanghai Composite Index up 0.03% and the Shenzhen Component down 0.58%, amid a total trading volume of 1.11 trillion yuan [8] - The financing balance of the two exchanges increased by 2.75 billion yuan and 17.71 billion yuan respectively, totaling 1.7945 trillion yuan [9] - The Hang Seng Index fell by 0.74%, with notable declines in major tech stocks [10] Company Dynamics - Hong Kong Exchanges and Clearing announced a strategic investment of 6.3 billion HKD in the purchase of a commercial building for its headquarters [11][12] - Heng Rui Pharmaceutical reported a 36.9% year-on-year increase in net profit for Q1 2025, driven by a licensing payment of 75 million USD [13] - Mu Yuan Co. turned a profit in Q1 2025 with a net profit of 4.491 billion yuan, compared to a loss in the same period last year, attributed to increased pig prices and sales [14] - Tesla's sales in Europe dropped by 45% in Q1 2025, amidst a broader decline in traditional fuel vehicle registrations [15] - Coca-Cola Japan announced price increases for its products starting October 1, 2025, due to rising costs [16] - The first three-valent HPV vaccine application has been accepted for review, aimed at preventing related infections and cervical cancer [18]