国金高频图鉴 | 地产销量持续调整&中美港口运价回落

Group 1: Real Estate Market - In June, the national real estate sales market experienced a volume and price adjustment, with a year-on-year decline in the average daily transaction area of commercial housing in 30 major cities by 2.2%, and a further decline of 9.2% in the first week of July [3] - The average daily transaction area in first, second, and third-tier cities in June showed year-on-year changes of -1.5%, 0.1%, and -7.8%, respectively, with the first week of July seeing declines of -7.2%, -11.7%, and -7.4% [3] Group 2: South Korea's Export Performance - In June, South Korea's exports grew by 4.3% year-on-year, recovering from a previous decline of -1.3% [6] - Key product categories such as ships, semiconductors, and computers showed significant growth, with year-on-year increases of 63.4%, 11.6%, and 15.2%, respectively [6] - Exports to Taiwan and the European Union performed well, while exports to China and the United States declined by 0.5% and 2.7%, respectively [7] Group 3: Consumer Market Trends - Following the "6·18" shopping festival, there was a noticeable decline in both home appliance and automobile sales [8] - In June, automobile retail data showed a slight decrease in sales, attributed to factors such as tight funding for trade-in programs and the end of promotional events [9] - Home appliance sales also experienced a downturn, with the average weekly sales of eight major appliance categories reaching 95.4 billion yuan in the first three weeks of June, but dropping to 42.9 billion yuan in the last week, reflecting a year-on-year decline of 2.7% [10] Group 4: Shipping and Freight Rates - Since June, freight rates on China-US routes have decreased, following a 90-day tariff reduction agreement reached in early May [11] - The shipping capacity on China-US routes increased significantly, leading to a drop in container shipping rates, with rates falling to 2089 and 4124 USD/TEU for the West and East coasts of the US, respectively [13]