韩国新政府在6月上任后公布了一系列雄心勃勃的改革计划，包括提高企业税率、降低股票投资者资本 利得税门槛等争议性政策。然而，由于选民的抗议，韩国政府放弃了扩大资本利得税缴纳群体范围的尝 试。 据报道，韩国财政部长9月15日表示将维持资本利得税规定不变。消息公布后，周一基准韩国综合股价 指数Kospi盘中一度刷新历史高点，收涨0.35%，延续了上周的涨势，反映出市场预期韩国将逆转政策后 的乐观情绪。 韩国政府原计划将目前的企业税率从9%至24%的四级结构调整为10%至25%，将证券交易税从0.15%提 至0.2%，并扩大需缴纳股票资本利得税的大股东范围，将股票资本利得税起征点从50亿韩元降至10亿 韩元，将更多的投资者纳入缴税范围内。 高盛、摩根大通、美银美林在内的多家华尔街投行，自6月初以来均已上调对韩国股市的评级。稍早， 韩国政府效仿日本此前的改革，强力推进公司治理改革，削弱财阀控制、强化中小股东权利，吸引大量 外资流入韩国股市。7月，外资单月净流入额超30亿美元，远超此前两个月的总和，推动Kospi综合指数 年内涨幅超过3%，总市值重返2万亿美元。 李在明在谈及股市时补充说，"国民资产过度集中在房地产，需要 ...

有分析指出，全球股市上涨，主要受科技股再度走强以及市场寄望美联储降息以缓解就业市场下行压力的推动。MSCI亚太指数距离2021年创下的纪录仅 差2%，全球股票基准指数连续第六天上涨，再创新高。 在最新迹象显示美国劳动力市场降温后，投资者正关注未来几天即将公布的通胀数据，这些数据将对下周的美联储会议以及2025年的降息路径起到关键作 用。货币市场预计今年美联储可能降息2至3次。美国生产者物价指数（PPI）和消费者物价指数（CPI）本周将公布。 分析师表示："从当前的风险偏好来看，市场似乎相信这足以保护美国经济免于陷入衰退。但如果通胀数据过热，情况将变得复杂，迫使美联储在劳动力 市场和价格稳定之间做出艰难取舍。" 政策改革与AI热潮助力 韩国股市创历史新高 9月10日，韩国KOSPI指数上涨1.67%，盘中创历史新高3317.42点。三星电子和SK海力士等芯片巨头成为主要拉动力量，分别上涨1.54%和5.56% 每经编辑｜金冥羽 9月10日，日经225指数收盘上涨378.38点，涨幅为0.87%，报43837.67点。韩国KOSPI指数收盘上涨54点，涨幅为1.68%，报3314.66点。二者均创收盘历史 新高。 ...

Market Overview - Asian markets experienced significant gains, with Japan's Nikkei 225 index closing up 378.38 points, a rise of 0.87%, reaching a record high of 43,837.67 points. The South Korean KOSPI index rose by 54 points, or 1.68%, also hitting a historical high at 3,314.66 points. Taiwan's stock market increased by 1.5%, marking a new record high [2]. Global Market Dynamics - The global stock market rally is primarily driven by a resurgence in technology stocks and investor optimism regarding potential interest rate cuts by the Federal Reserve to alleviate downward pressure on the labor market. The MSCI Asia-Pacific index is just 2% shy of its record set in 2021, with global stock benchmarks rising for the sixth consecutive day [3]. Economic Indicators - Investors are closely monitoring upcoming inflation data, which will significantly influence the Federal Reserve's decisions in the next meeting and its interest rate trajectory for 2025. The market anticipates 2 to 3 potential rate cuts from the Fed this year. Key economic indicators such as the Producer Price Index (PPI) and Consumer Price Index (CPI) are set to be released this week [3]. Sector Performance - The KOSPI index's substantial rise is attributed to major players like Samsung Electronics and SK Hynix, with the index up over 38% year-to-date, fueled by ongoing corporate governance reforms and the AI boom. This surge has heightened expectations regarding Lee Jae-myung's "5,000 points" promise, with investors betting on policy support, tax cuts, and a more favorable capital market environment [3]. Japanese Market Insights - In Japan, Oracle's stock price increase and Apple's new product launch have created a robust atmosphere for semiconductor equipment manufacturers and related stocks [4]. A-Share Market Activity - The A-share market showed mixed results, with the Shanghai Composite Index rising by 0.13%, the Shenzhen Component Index up by 0.38%, and the ChiNext Index increasing by 1.27% [5]. Stock Performance Highlights - A total of 2,442 stocks rose in the market, with 63 stocks hitting the daily limit up, while 2,769 stocks declined [6]. - Oil and gas stocks saw a collective surge, with Zhun Oil shares hitting the daily limit up [7]. - The film and entertainment sector continued to rise, with Jinyi Film sealing its gains [8]. - The tourism sector was active, with Caesar Travel shares hitting the daily limit up [9]. - Hardware stocks related to computing power, such as Shenghong Technology, rose over 10% to reach a new high. Conversely, lithium and photovoltaic stocks in the new energy sector declined, with Sunon Electric dropping nearly 10% [10].

【导读】亚洲股市暴涨 大家好，今天的市场，震荡上涨，一起看看发生了什么事情。 亚洲市场大涨，日韩股市创下新高 9月10日，日经225指数收盘上涨378.38点，涨幅为0.87%，报43837.67点。韩国KOSPI指数收盘上涨54点，涨幅为1.68%，报3314.66点。 二者均创收盘历史新高。台股上涨1.5%，创历史新高。 有分析指出，全球股市上涨，主要受科技股再度走强以及市场寄望美联储降息以缓解就业市场下行压力的推动。MSCI亚太指数距离 2021年创下的纪录仅差2%，全球股票基准指数连续第六天上涨，再创新高。 在最新迹象显示劳动力市场降温后，投资者正关注未来几天即将公布的通胀数据，这些数据将对下周的美联储会议以及2025年的降息路 径起到关键作用。货币市场预计今年美联储可能降息2至3次。美国生产者物价指数（PPI）和消费者物价指数（CPI）本周将公布。 分析师表示："从当前的风险偏好来看，市场似乎相信这足以保护美国经济免于陷入衰退。但如果通胀数据过热，情况将变得复杂，迫 使美联储在劳动力市场和价格稳定之间做出艰难取舍。" 韩国KOSPI指数大涨，三星电子和SK海力士是主要推手。今年以来该指数已上涨逾38 ...

Quad Investment Management首席投资官Han Sangkyoon表示："市场预期商法修订将推动公司治理改 革，这一因素已提振指数上涨。进一步的上涨仍需依赖企业的实际行动以及更多法律改革，以鼓励公司 提升股东回报。" 投资者还寄望李在明撤回此前一项有关下调股票资本利得税起征点的提案，这一于7月底公布的计划曾 引发国内散户的不满，当时韩国逾12万人签请愿书要求叫停，并导致股市在8月下滑，中断此前连续四 个月的上涨势头。 除此之外，韩国政府近日发布作为未来五年经济发展蓝图的"新政府经济增长战略"，旨在以企业主导、 政府支持的方式大力发展人工智能及超级创新产业，力争实现潜在经济增长率达到3%的目标。这使半 导体行业尤其受到青睐，花旗预测明年存储芯片可能出现供应紧张局面，显示出全球对韩国芯片制造能 力的强劲需求。 路透社数据显示，2024年8月至2025年4月，外国机构净卖出韩国股票达280亿美元，而在接下来的三个 月净买入了60亿美元。外资投资者正大规模涌入韩国市场，推动KOSPI指数今年累计上涨逾38%。 韩国今年以来推动的公司改革计划以及人工智能热潮成为韩国股市上涨的双重驱动力。 今年6月 ...

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has increased its voting rights stake in Mitsubishi Corporation from 9.74% to 10.23%, signaling confidence in Japanese trading companies and boosting their stock prices [1][2]. Group 1: Investment Actions - Berkshire Hathaway's stake in Mitsubishi Corporation has risen, reflecting a strategic investment approach in Japan's trading sector [1]. - The increase in stake is part of a broader investment strategy that began in August 2020, when Berkshire acquired 5% stakes in five major Japanese trading companies for approximately $30 billion [2]. - The investment aligns with Berkshire's long-term value investment philosophy and has yielded significant returns [2]. Group 2: Market Reactions - Following the news of Berkshire's increased stake, Mitsubishi Corporation's stock rose by 2.9%, marking its largest gain in three weeks, while Mitsui & Co. saw a 1.8% increase [1]. - Other Japanese trading companies, including Itochu Corporation, Marubeni, and Sumitomo Corporation, also experienced stock price increases, with Itochu's stock rising by 3.5% [1]. Group 3: Corporate Governance and Market Trends - Japan's corporate governance reforms have provided favorable conditions for foreign investors, with significant stock buybacks and high dividend payouts from major trading companies [2]. - The average dividend payout ratio for Japan's five major trading companies is 46%, compared to 31% for S&P 500 companies [2]. - The Japanese stock market has seen a strong rebound, with the TOPIX index rising over 30% since April 7, driven by foreign investment and improved investor confidence [4].

本文由第三方AI基于财新文章 [https://a.caixin.com/NtM18Wrx](https://a.caixin.com/NtM18Wrx) 提炼总结而成，可能与原文真实意图存在偏差。不代表财新观点和立场。推荐点击链接阅读原文细致比对和校验 Summary of Key Points Company or Industry Involved - The report focuses on the mental health of left-behind children in rural China, particularly in Hunan Province, highlighting the challenges faced by students in these areas [20][22][35]. Core Points and Arguments - **Mental Health Risks**: The report indicates that the depression risk detection rate among rural students is higher than the national average, with 21.5% of students showing mild depression risk and 8.1% at high risk [27][35]. - **Family Structure Impact**: Children with both parents working away from home have the highest depression risk, emphasizing the importance of parental presence and communication [45][46]. - **Economic Factors**: Economic difficulties significantly affect children's mental health, with students from lower-income families exhibiting higher levels of anxiety and depression [46][47]. - **Educational Environment**: Poor school conditions, such as inadequate hygiene and lack of resources, correlate with higher rates of depression and bullying among students [49][50]. - **Psychological Support Deficiency**: There is a notable lack of professional psychological support in rural schools, which exacerbates the mental health issues faced by students [35][54]. - **Behavioral Issues**: High rates of behavioral problems, such as not completing homework and engaging in conflicts, are prevalent among rural students, indicating a need for better behavioral management and support [51]. Other Important but Possibly Overlooked Content - **Technology and Social Media Influence**: Many students are heavily influenced by social media and online gaming, leading to issues such as addiction and decreased academic performance [36][39]. - **Long-term Consequences**: The report warns that the lack of emotional support and the prevalence of mental health issues could have long-term implications for the future of these children, affecting their educational and career prospects [55][56]. - **Need for Preventive Measures**: Emphasis is placed on the importance of early intervention and preventive measures, such as incorporating mental health education into the school curriculum [57][59]. This summary encapsulates the critical insights from the report on the mental health challenges faced by left-behind children in rural China, highlighting the multifaceted issues stemming from family dynamics, economic conditions, and educational environments.

Group 1 - The core viewpoint of the news is that Japan's stock market is experiencing a significant rebound, driven by various factors including a favorable US-Japan tariff agreement and increased confidence in corporate governance reforms [1][4][5] - The Tokyo Stock Price Index (TOPIX) has surged over 34% since its low on April 7, 2023, and surpassed the 3000-point mark for the first time on August 8, outperforming major indices in Europe and the US [1][4] - The rebound is characterized as a "Ninja-style" recovery, indicating a stealthy yet powerful resurgence in the market [1] Group 2 - The catalyst for the market's rise can be traced back to early April 2023, when the US announced a 10% minimum baseline tariff on trade partners, which initially caused market panic but was alleviated by a swift US-Japan trade agreement [4] - Under the agreement, the US will impose a 15% tariff on Japanese goods, lower than the previously threatened 25%, while Japan commits to establishing a $550 billion fund for direct investment in the US [4][5] - Foreign capital has been a significant driver of this market rally, with foreign investors net buying $35.7 billion worth of Japanese stocks since the tariff announcement [5] Group 3 - Japanese households are also increasingly investing in the stock market, spurred by the government's expansion of the NISA tax-exempt investment accounts in 2024 [6] - As of the end of last year, Japanese households held over $14 trillion in financial assets, with half still in cash or deposits, indicating potential for a shift towards equities [6] - The return of inflation and rising wages are prompting Japanese savers to reconsider their asset allocation, potentially leading to increased stock market investments [6] Group 4 - The overall price-to-earnings (P/E) ratio of the Japanese market is nearing the historical upper limit tolerated by investors, but ongoing corporate governance reforms are redefining this limit [6][7] - The corporate governance reforms initiated in 2012 are beginning to show results, particularly after the Tokyo Stock Exchange implemented a "public naming" policy in 2023, which has forced companies to improve governance standards [6][7] - There is a long-term trend towards improved corporate governance, which is expected to unlock significant value in Japanese companies, particularly in sectors like defense, where companies like Mitsubishi Heavy Industries have seen stock prices rise nearly 70% this year [7]

Group 1 - Mitsui Sumitomo Financial's stock price increased significantly by 3.08%, reaching a historical high during intraday trading [1] - The strong performance of Mitsui Sumitomo Financial is supported by the overall positive trend in the Japanese stock market, driven by an improving macroeconomic environment and a trade agreement between Japan and the US [1] - Corporate governance reforms in Japan are encouraging companies to optimize their strategies, including stock buybacks and increased dividends, which enhances market confidence [1] Group 2 - The low price-to-earnings ratio of the Japanese stock market is attracting foreign investment, with Mitsui Sumitomo Financial benefiting from this influx [1] - Japanese companies have reported earnings that exceed expectations, boosting market confidence and providing strong support for Mitsui Sumitomo Financial's stock price [1] - Despite the positive market performance, there are concerns about potential overheating, and investors are advised to focus on companies with strong fundamentals and long-term growth potential [2]

Group 1 - Man Group's investment manager is increasing exposure to Japanese financial stocks due to expectations of interest rate hikes by the Bank of Japan to curb inflation [1] - The Man Japan CoreAlpha fund has assets of £2.45 billion ($3.3 billion) and has outperformed 93% of its peers over the past three years [1] - The fund's recent shift towards the banking sector is significant as it was previously underweight in this area at the beginning of the year [1] Group 2 - Bank of Japan Governor Kazuo Ueda dismissed claims of a delayed interest rate hike, dampening short-term rate hike expectations [3] - Current market indicators show a 55% probability of a rate hike by the end of the year, down from 79% prior to the July meeting [3] - The probability of a rate hike had previously reached 100% before political uncertainties arose [3] Group 3 - The investment manager anticipates that policy rates will move towards 1% once trade tensions and political uncertainties subside [4] - The fund's major holdings remain in the automotive and factory automation sectors, which are expected to rebound once trade agreements become clearer [4] - Continuous improvements in corporate governance are expected to enhance the performance of Japanese stocks, which have lagged behind other regional markets despite recent highs [4]