当地时间7月9日，英伟达股价达到一个新的里程碑，成为首家市值达到4万亿美元的公司。 见证历史！ 当天，美股三大股指全线高开，截至发稿，道指上涨0.65%，标普500指数上涨0.64%，纳指上涨0.95%。 | 口 △ 田 03 | 价格 = | 涨跌幅 ◆ | | --- | --- | --- | | 道琼斯指数 | 44526.47 | +0.65% | | .DJI | | | | 标普500指数 | 6265.17 | +0.64% | | .SPX | | | | 纳斯达克综合指数 | 20613.00 | +0.95% | | .IXIC | | | 投资者将重点关注美联储上次会议纪要的公布情况，这份报告将于北京时间周四（7月10日）凌晨2点公布。 消息面上，据央视新闻，欧洲议会国际贸易委员会主席贝恩德·朗格当地时间7月9日在比利时布鲁塞尔举行发布会时表示，当前欧盟与美国的贸易争端仍 集中在具体行业的关税领域，特别是钢铁、汽车、铜以及可能涉及的制药产品。 其他大型科技股方面，微软上涨1.57%，苹果微跌0.01%，亚马逊上涨1.84%，谷歌A上涨1.26%，Meta上涨1.62%，特斯拉下跌0.2 ...

见证历史！ 当地时间7月9日， 英伟达股价达到一个新的里程碑，成为首家市值达到4万亿美元的公司。 当天，美股三大股指全线高开，截至发稿，道指上涨0.65%，标普500指数上涨0.64%，纳指上涨0.95%。 | 0 △ ■ 田 0 | 价格 = | 涨跌幅 ◆ | | --- | --- | --- | | 道琼斯指数 | 44526.47 | +0.65% | | .DJI | | | | 标普500指数 | 6265.17 | +0.64% | | .SPX | | | | 纳斯达克综合指数 | 20613.00 | +0.95% | | .IXIC | | | 投资者将重点关注美联储上次会议纪要的公布情况，这份报告将于北京时间周四（7月10日）凌晨2点公布。 消息面上，据央视新闻，欧洲议会国际贸易委员会主席贝恩德·朗格当地时间7月9日在比利时布鲁塞尔举行发布会时表示，当前欧盟与美国的贸易争端仍集中 在具体行业的关税领域，特别是钢铁、汽车、铜以及可能涉及的制药产品。 朗格表示，欧盟主要出口药品、汽车和机械设备，因此迫切需要尽快与美方达成一项协议，取得明确的最终结果和决定。但他同时表示，美方目前尚未承诺 降 ...

Market Overview - The three major U.S. stock indices closed mixed, with the Dow Jones down 0.37% at 44,240.76 points, the S&P 500 down 0.07% at 6,225.52 points, and the Nasdaq up 0.03% at 20,418.46 points [2] - European markets saw collective gains, with the Euro Stoxx 50 up 0.67%, Germany's DAX 30 up 0.76%, the UK's FTSE 100 up 0.56%, and France's CAC 40 up 0.56% [2] Nvidia Performance - Nvidia's stock rose 1.11% to $160 per share, reaching a historic high, with a total market capitalization exceeding $3.9 trillion [4] Semiconductor Sector - The Philadelphia Semiconductor Index increased by 1.8%, with Intel up 7.23%, GlobalFoundries up 6.96%, ON Semiconductor up 5.5%, and Micron Technology up 3.75% [9] Chinese Stocks - The Nasdaq Golden Dragon China Index rose by 0.71%, with notable gains in Chinese stocks such as Futu Holdings up 6.01%, JD.com up 2.12%, New Oriental up 2.07%, Alibaba up 1.62%, Tencent Music up 1.25%, and Baidu up 0.55% [10][11][12] Copper Market Reaction - President Trump announced a potential 50% tariff on imported copper, leading to a significant increase in copper prices, with COMEX copper rising 9.63% to reach its highest monthly gain [14][16] - Copper-related stocks also surged, with Freeport-McMoRan up 2.53% and Taseko Mines up 4.26% [18] Gold and Oil Prices - Spot gold was reported at $3,301.63 per ounce, having previously dipped below $3,300, with a trading range of $3,345.86 to $3,287.30 [18] - WTI crude oil for August delivery rose by $0.40, a nearly 0.59% increase, closing at $68.33 per barrel, while Brent crude for September delivery rose by $0.57, approximately 0.82%, closing at $70.15 per barrel [18]

Market Overview - The three major U.S. stock indices closed mixed, with the Dow Jones down 0.37% at 44240.76 points, the S&P 500 down 0.07% at 6225.52 points, and the Nasdaq up 0.03% at 20418.46 points [2][3] - European stock markets collectively rose, with the Euro Stoxx 50 index up 0.67%, the DAX 30 up 0.76%, the FTSE 100 up 0.56%, and the CAC 40 up 0.56% [2] Nvidia Performance - Nvidia's stock price increased by 1.11% to $160 per share, reaching a historical high, with a total market capitalization exceeding $3.9 trillion [6] Copper Tariff Announcement - President Trump announced a potential 50% tariff on imported copper, leading to a significant increase in copper prices, with COMEX copper rising by 9.63% [12][15] - Related copper stocks also saw gains, with Freeport-McMoRan Copper & Gold up 2.53% and Taseko Mines up 4.26% [16] Other Tech Stocks - Microsoft fell by 0.22%, Apple rose by 0.03%, Amazon dropped by 1.84%, Google decreased by 1.35%, Meta Platforms increased by 0.32%, and Tesla rose by 1.32% [8] Meta Platforms Investment - Meta Platforms reportedly acquired approximately 3% of EssilorLuxottica SA for about $3.5 billion, indicating a strategic investment in the growing smart glasses market [9] Tesla Developments - Cathie Wood, founder of Ark Invest, continues to support Tesla, noting CEO Elon Musk's decision to take direct control of U.S. and European sales as a pivotal moment for the company [9][10]

Core Viewpoint - The article highlights a significant rebound in Chinese assets, driven by improved market sentiment and expectations of high dividend payouts from Chinese companies, which are projected to reach a historical high of 3 trillion yuan by the end of 2025 [2][9][10]. Market Performance - On July 8, U.S. stock indices showed mixed results, while Chinese assets surged, with the Nasdaq China Golden Dragon Index rising over 2% at one point [1][4]. - The two-times leveraged ETF for Chinese internet stocks increased by 5%, and the three-times leveraged FTSE China ETF rose by 2.87% [4]. - Notable performances included Huami Technology, which surged over 107%, and other Chinese stocks like Lake Biotech and Mushroom Street, which rose by over 40% and 24%, respectively [4]. Market Sentiment and Analysis - Analysts noted that concerns over tariff risks have been postponed, leading to an increase in market risk appetite and a stock market rebound [2][5]. - Goldman Sachs projected that by the end of 2025, Chinese onshore and offshore listed companies will distribute a total of 3 trillion yuan in dividends, marking a historical high [9][10]. - The report indicated that the current low-interest environment would attract more investors to Chinese companies, potentially increasing their valuations [10][13]. Dividend and Buyback Insights - Goldman Sachs emphasized that if Chinese companies' dividend rates reach the average levels of Asia and Europe, A-share valuations could rise by 15% to 25% over the next decade [14]. - The report also stated that if companies allocate 10% of their total cash expenditures to dividends or buybacks, it could enhance their valuations by 14% on average [13]. Policy Impact - The article references the "New National Nine Articles" policy aimed at enhancing cash dividend regulations for listed companies, which is expected to drive higher cash returns for shareholders [12].

Market Performance - The three major U.S. stock indices closed higher on Friday, with the Dow Jones up 1%, S&P 500 up 0.52%, and Nasdaq up 0.52%. The Dow gained 3.82% for the week, S&P 500 gained 3.44%, and Nasdaq gained 4.25% [2] - The S&P 500 and Nasdaq both reached all-time highs [2] - Major tech stocks mostly rose, with Google and Amazon up over 2%, Nvidia and Meta up over 1%, while Tesla and Microsoft saw slight declines [2] - Nike experienced a significant increase, rising over 15%, marking its largest single-day gain in four years [2] Chinese Stocks - The Nasdaq Golden Dragon China Index rose 0.22%, with a weekly gain of 3.49%. However, individual Chinese stocks showed mixed results [2] - Notable declines included Xiaopeng Motors down over 6% and Li Auto down over 1%, while Luckin Coffee rose over 3% [2] Trade Developments - Market attention was drawn to trade developments, with U.S. Commerce Secretary Howard Lutnick indicating that the Trump administration is expected to reach agreements with ten major trading partners soon [2] - Lutnick mentioned that countries would be categorized appropriately by July 9, but there is a possibility of extending deadlines for further negotiations [2] Commodity Prices - International gold prices fell, with COMEX gold futures down 1.85% to $3286.1 per ounce, marking a weekly decline of 2.92% [3] - COMEX silver futures decreased by 2.06%, settling at $36.17 per ounce, with a slight weekly gain of 0.41% [3] - International crude oil futures saw a slight increase, with WTI crude oil futures up 0.43% to $65.52 per barrel, but the weekly decline was 12% [3] - Brent crude oil futures rose 0.06% to $67.77 per barrel, also reflecting a weekly drop of 12% [3]

美加贸易谈判告吹，特朗普新威胁。当地时间周五，美国总统特朗普宣布将立即终止与加拿大的所有贸易谈判，并威胁未来一周内对加拿大施加新的关 税，以回应加拿大对美国科技公司征收数字服务税的行动。美国财长贝森特警告，美方可能会对加拿大启动"301调查"。 特朗普考虑再次轰炸伊朗。当地时间6月27日，特朗普最新表示，伊朗最高领袖哈梅内伊宣称伊朗赢得了对以战争是谎言。在过去的几天里，他一直在努 力争取解除对伊朗制裁以及其他一些措施，然而却遭到了反击。特朗普称其立即放弃了所有解除制裁的工作。他还表示，希望伊朗能够接受国际检查，将 考虑因铀浓缩问题再次轰炸伊朗。另以色列防长也称，将定期采取行动挫败相关威胁。 美股方面，道指涨1%，标普500指数涨0.52%，纳指涨0.52%；本周分别累涨3.82%、3.44%、4.25%。其中，标普500指数、纳指均创历史新高。大型科技 股多数上涨，谷歌、亚马逊涨超2%；耐克涨超15%，创四年来最大单日涨幅。热门中概股涨跌不一，纳斯达克中国金龙指数涨0.22%，本周累涨3.49%。 小马智行跌超6%，理想汽车、富途控股跌超1%，瑞幸咖啡涨超3%。 | | | 隔夜美股概览 | | | | -- ...

Market Overview - On June 25, the U.S. stock market showed mixed results, with the Dow Jones Industrial Average declining by 0.25%, while the Nasdaq Composite Index rose by 0.31%, and the S&P 500 Index closed flat [1] - The Federal Reserve Chairman Jerome Powell reiterated that the Fed is not in a hurry to adjust interest rates, maintaining the current monetary policy stance [1] Technology Sector Performance - The technology sector exhibited varied performance, with Nvidia's stock surging by 4.33%, Alphabet's stock increasing by over 2%, and Microsoft and Apple experiencing mild gains [1][2] - Conversely, Tesla's stock fell by over 3%, and both Amazon and Meta Platforms saw slight declines [1][2] Cryptocurrency and Chinese Stocks - In the cryptocurrency sector, Coinbase's stock closed up by 3.03%, and Robinhood rose by 0.90%, while Circle's stock plummeted by over 10% [3] - The Nasdaq Golden Dragon China Index dropped by 0.6%, with notable declines in stocks like Xpeng Motors (down over 3%) and other Chinese companies [3] Gold and Silver Market - The precious metals market saw an increase in both spot gold and COMEX gold futures prices, with COMEX silver futures rising by 0.52% to $36.3 per ounce [3] Nvidia's Market Position - Nvidia's stock reached a historic high, increasing by over 4%, which added more than $156 billion to its market capitalization, bringing it to approximately $3.77 trillion, making it the highest-valued company globally [3] - Nvidia's CEO Jensen Huang highlighted that besides artificial intelligence, robotics will be a key growth area, with autonomous vehicles being the first major commercial application [4] Federal Reserve Insights - The internal divisions within the Federal Reserve have reached their highest level in a decade, with Powell indicating that the Fed is not in a rush to cut rates as officials await economic responses to new policies [4] - Morgan Stanley predicts that the Fed will implement seven rate cuts by 2026, with the probability of a July rate cut rising to 40% [4]

【导读】获虚拟资产交易牌照，国泰君安国际狂飙超198%！ 中国基金报记者 郭玟君 6月25日，恒生指数收涨1.23%，报24474.67点，连涨4日，创三个 多 月 来的 新高；恒生科技指数涨1.15%，恒生中国企业指数涨 1.13%。全日市场成交额 为 2678亿港元，较前一交易日有所增加。南向资金净买入95.74亿港元。 | 恒生指数 | 恒生国企 | 恒生科技 | | --- | --- | --- | | 24474.67 8859.29 | | 5359.02 | | +297.60 +1.23% +98.84 +1.13% +61.06 +1.15% | | | 从盘面来看，Wind概念板块多数上涨，中资券商指数涨11.75%，本地券商指数涨6.88%，中资教育指数涨6.08%。跌幅方面，安防监控 指数领跌6.91%，烟草指数跌2.52%，电子烟指数跌2.52%。 获虚拟资产交易牌照 新东方上涨8.85%，恒隆地产涨8.79%，金沙中国有限公司涨5.99%，领涨蓝筹。 | 序号 | 名称 | 代码 | 现价 | 涨跌 | 涨跌幅 ▼ | 成交额 | 年初至今 | | --- | --- | --- ...

Market Overview - US stock indices closed higher, with the S&P 500 and Nasdaq reaching their highest closing levels in over four months. The Dow Jones rose by 1.19%, Nasdaq by 1.43%, and S&P by 1.11% [1] - The VIX index fell by 11.85% to 17.48, indicating reduced market volatility [1] - The US dollar index decreased by 0.42% to 97.97, while the yield on the 10-year Treasury bond dropped by 1.173% to 4.297% [1] Industry & Stocks - Most sectors in the S&P 500 saw gains, with semiconductor and technology sectors leading the way, rising by 3.79% and 1.8% respectively. Energy and consumer staples were the only sectors to decline, down by 1.3% and 0.09% [1] - Chinese concept stocks mostly rose, with notable increases in TSMC (up 4.65%), Alibaba (up 3.47%), and Pinduoduo (up 5.11%) [1] - Major tech stocks also saw gains, with Nvidia rising by 2.59% and Amazon by 2.06%. However, Apple fell by 0.6% and Tesla by 2.35% [2] Company Highlights - FedEx reported fourth-quarter revenue of $22.2 billion, exceeding analyst expectations of $21.75 billion. However, the company did not provide full-year guidance due to global demand uncertainty [12] - Meta Platforms achieved a market share of 50.8% in the AR/VR headset market, leading a strong rebound with a year-on-year growth of 18.1% [13] - UBS raised its valuation for Tesla's Robotaxi business to $350 billion, assuming successful execution and regulation, which is an increase from a previous valuation of $225 billion [16] Regulatory & Economic Insights - The International Bank for Settlements stated that stablecoins fail to meet the three main tests of currency due to lack of central bank support and insufficient protection against illegal use [5] - The Federal Reserve's Chairman Powell indicated that the path for future interest rates could vary significantly based on economic conditions, with no immediate need for rate cuts [10][11]