刚刚，重大救市！19万亿，狂飙！

Group 1 - Saudi stock market experienced a sudden surge, with the overall index rising by 5% and bank stocks increasing by over 9% [1][2] - The total market capitalization of Saudi listed companies is approximately 19 trillion RMB [1] - The Saudi Capital Market Authority plans to relax the foreign ownership limit of 49% in local companies, potentially allowing foreign investors to hold majority stakes [4][5] Group 2 - The relaxation of foreign ownership limits is expected to increase Saudi's weight in the MSCI Emerging Markets Index, attracting more capital into the market [4][5] - Currently, Saudi's main board companies have a market value of $2.3 trillion, accounting for 3.3% of the MSCI index [5] - The Saudi stock market has seen a decline of 9.6% this year, making it the worst performer in the region, while the MSCI Emerging Markets Index has risen by 25% [5] Group 3 - Saudi's non-oil exports grew by 17.8% in Q2 2025, offsetting weak oil sales, with oil exports down by 15.8% [7] - Non-oil revenue reached 1,498.61 billion Riyals in Q2, accounting for nearly half of the government's total revenue [8] - The growth in non-oil revenue is primarily driven by tax increases, with VAT revenue at 749.50 billion Riyals [8]