Core Viewpoint - Lehui International (603076) announced that its wholly-owned subsidiary, Ningbo Thirty Kilometers Investment Co., Ltd., has invested 5 million yuan, accounting for 25%, to establish Ningbo Jiu Hai Enterprise Management Partnership (Limited Partnership) with a total scale of 20 million yuan [1] Investment Details - The investment aims to enhance the company's investment capabilities and achieve asset appreciation through the sale of "Fresh Beer 30 Kilometers" products from the partnership [1] - This investment is not classified as a related party transaction or a major asset restructuring, and it falls within the authority of the general manager, thus does not require approval from the board of directors or shareholders [1]

Group 1 - The U.S. manufacturing sector is showing signs of fatigue in early Q2, with factory new orders declining by 3.7% in April, significantly lower than the 3.4% increase in March [1] - Year-over-year, factory orders still grew by 2.0%, indicating some resilience despite the monthly decline [1] - Manufacturing accounts for 10.2% of the U.S. economy and is under pressure from aggressive tariff policies implemented by the Trump administration [1] Group 2 - The ISM reported that U.S. manufacturing has contracted for the third consecutive month in May, with supplier delivery times reaching the longest in nearly three years [1] - Specific sectors saw significant declines, with commercial aircraft orders plummeting by 51.5% and overall transportation equipment orders down by 17.1% [1] - In contrast, computer and electronic product orders increased by 1.0%, while electrical equipment and appliance orders slightly decreased by 0.3% [1] Group 3 - Excluding the volatile transportation equipment orders, factory orders fell by 0.5% in April, consistent with the decline in March [2] - Non-defense capital goods orders, a key indicator of business investment, decreased by 1.5% in April, revised from an earlier estimate of 1.3% [2] - The strong rebound in business spending on equipment in Q1 was largely driven by preemptive purchases ahead of tariff implementation, but this "pull-forward" effect is diminishing, suggesting potential challenges for manufacturing and the overall economy in Q2 [2]

Group 1 - The core point of the article is that Nippon Steel plans to invest approximately 868 billion yen by the fiscal year 2029 to introduce electric furnaces [1] Group 2 - The investment is aimed at modernizing production processes and enhancing efficiency in steel manufacturing [1] - The introduction of electric furnaces is expected to align with global trends towards more sustainable and environmentally friendly production methods [1] - This strategic move may position Nippon Steel competitively in the evolving steel industry landscape [1]

美联储卡什卡利：不知道关税问题何时会得到解决。企业在不确定性中推迟了投资。 ...

金十数据5月9日讯，美联储巴尔金表示，不是所有的公司都可以提高价格来抵消关税成本，他警告称， 经过多年的通胀，消费者的容忍度很低。"我从零售商那里听到的是，消费者手头拮据，"巴尔金 说。"这意味着你要把价格传递给消费者不是你想象的那么容易。"巴尔金仍然认为美国经济状况良好。 他补充说，消费者支出和企业投资仍然稳固。他指出，虽然消费者信心指标明显疲弱，但这尚未拖累支 出。巴尔金说，他正在考虑关税是否会减缓经济增长，达到抑制通胀的程度。他说，这是2008年的经 历，但也有其他时候并没有发生。 美联储巴尔金：不是所有的公司都可以因关税提高价格 ...

美联储巴尔金：消费者支出和企业投资仍然非常稳健。 ...

Economic Data Summary - The US GDP for Q1 2025 decreased by 0.3% on a year-over-year basis, marking the first negative growth since Q2 2022, contrasting sharply with a 2.4% growth in Q4 2024 [1] - The decline in GDP raises concerns about the future trajectory of the US economy, with significant fluctuations noted [1] Reasons for Economic Decline - Increased imports due to tariff policy expectations have disrupted the domestic economic balance, as companies rushed to import goods to avoid future costs [1] - Weak consumer spending, driven by slow income growth, rising prices, and low consumer confidence, has directly impacted economic growth [1] - Reduced corporate investment due to uncertainty in the economic outlook has negatively affected both individual companies and overall economic growth [1] Market Reactions - Following the disappointing economic data, US stock indices fell sharply, with the Nasdaq index dropping as much as 3% before recovering slightly [2] - Investor panic led to significant stock sell-offs, reflecting a prevailing sense of fear in the market [2] Federal Reserve's Influence - A sudden dovish signal from Federal Reserve officials regarding potential early interest rate cuts provided a boost to the market, leading to a dramatic recovery in stock prices [3] - The Nasdaq index managed to narrow its losses to just 0.09%, while the Dow Jones index turned positive with a 0.35% increase [3] Investor Sentiment - The volatility in the market has tested investor psychology, particularly affecting retail investors who sold off stocks during the early downturn only to miss out on subsequent gains [3] - The situation highlights the complexities and uncertainties inherent in financial markets [3]

企业仍然对裁员持谨慎态度。 美国克利夫兰联储主席Hammack（2026年FOMC票委）：企业在不确定性中暂停投资。 现在考虑五月的利率调整还为时尚早。 美联储在必要时并不害怕迅速采取行动。 ...

美联储哈玛克表示，不确定性确实对企业及其规划造成了巨大压力，由于不确定性增加，企业正暂停投 资。 ...

美联储古尔斯比：企业在规则不明确的情况下也不会进行投资。 ...