Core Viewpoint - The acquisition of 75% of SEA3 Company by Zhonghong Medical for a mere 6.97 yuan highlights a strategic move to expand its presence in Southeast Asia amidst changing international trade environments [2][4][9]. Group 1: Acquisition Details - Zhonghong Medical's wholly-owned subsidiary, Zhonghong Hong Kong, and its subsidiary, Guilin Hengbao Protective International Co., Ltd., signed agreements to acquire 75% of SEA3 Company [3]. - The total transaction price for the 75% stake in SEA3 Company is 6.97 yuan, with Zhonghong Hong Kong paying 4.88 yuan and Guilin Hengbao paying 2.09 yuan [4]. - SEA3 Company, established in September 2016, has total assets of 1.41 billion yuan and a net asset value of -120.19 million yuan as of the end of last year [6]. Group 2: Financial Performance - As of March 31, 2025, SEA3 Company reported total assets of 1.36 billion yuan and a net asset value of -492.40 million yuan, with a revenue of 655.62 million yuan and a loss of 372.21 million yuan in the first quarter of this year [6][7]. - The valuation of SEA3 Company's shareholder equity was assessed at 802,300 yuan, representing a 142% increase from its book value of -1.91 million yuan [6][7]. Group 3: Strategic Rationale - The acquisition aims to establish a production base for medical gloves in Southeast Asia, allowing Zhonghong Medical to mitigate the impact of tariffs imposed on Chinese-made disposable gloves by the U.S. [8][10]. - The medical glove industry is expected to grow due to increasing global health awareness, and the company plans to leverage its management experience and cash flow to help SEA3 Company achieve profitability [11]. - However, challenges such as language and cultural differences may pose management difficulties post-acquisition [11].

Market Overview - Strong U.S. employment data has alleviated market concerns regarding potential interest rate cuts by the Federal Reserve, leading to a significant increase in the U.S. dollar index, which rose to a high of 97.42 before closing at 97.08, up 0.32% [1][2] - The precious metals market showed mixed results, with spot gold experiencing a substantial decline, dropping to a low of $3311.65, a decrease of over $50 from its daily high, ultimately closing down 0.94% at $3325.50 per ounce [1][2] - Spot silver, while also retreating, saw a strong rebound, closing up 0.78% at $36.82 per ounce [1][2] Employment Data - The Non-Farm Payroll (NFP) report indicated an increase of 147,000 jobs in the U.S., surpassing the June expectation of 110,000 jobs, with the unemployment rate decreasing from 4.2% to 4.1% [3] - Weekly jobless claims fell from 237,000 to 233,000, reflecting resilience in the U.S. labor market [3] - The ADP employment change for June marked the first decline in over two years, with a reduction of 33,000 jobs, significantly below the market expectation of 95,000 jobs [3] Manufacturing and Job Vacancies - The ISM Manufacturing Purchasing Managers' Index improved from 48.5 in May to 49.0 in June, exceeding expert expectations of 48.8, indicating a slight recovery in U.S. manufacturing activity [4] - Job openings in the U.S. rose from 4.395 million in April to 4.76 million in May, surpassing the market expectation of 7.3 million [4]

（央视财经《正点财经》）针对美国总统特朗普1日威胁将对日本征收更高关税，日本首相石破茂2日回 应称，将竭尽全力维护国家利益。石破茂强调日方在这一问题上的基本原则是 "与其加征关税，不如通 过贸易维护自身利益"。 日本政府一直坚持将美方所谓 "对等关税"和加征的汽车关税、钢铝关税等捆绑在一起进行谈判，要求 美方全面取消这些不合理的关税措施。负责日美关税谈判的日本经济再生大臣赤泽亮正已多次赴美，与 美方就关税问题进行谈判，但并未取得突破。据朝日电视台报道，他正在准备最早于本周末第八次访美 进行贸易磋商 。 转载请注明央视财经 编辑：王昕宇 日本首相 石破茂：我们会竭尽全力维护国家利益，许多国家都与美国有贸易往来，但我必须指出的一 点是和其他国家相比，日本是美国最大的海外投资国，我们为美国创造了最多的就业岗位。我们的基本 原则是与其加征关税，不如通过贸易来维护国家利益。 据日本共同社报道，日本内阁官房副长官青木一彦2日在新闻发布会上表示，日方希望以"真诚的方 式"推进双边谈判，以达成一项对日本和美国都有利的协议。 美国单方面设定的7月9日这一同日本等国谈判的最后期限即将到来。就美日正在进行的谈判，特朗普1 日在总统 ...

美股科技股反弹。 当地时间7月2日（周三），美股三大指数收盘涨跌不一，纳指与标普500指数创收盘历史新高。消息面上，美国总统特朗普宣布已与越南达成贸易协议。6月 ADP私人就业人数意外下降，引发对美国经济状况的担忧，投资者的乐观情绪受到限制。 截至收盘，道指跌10.52点，跌幅为0.02%，报44484.42点；纳指涨190.24点，涨幅为0.94%，报20393.13点；标普500指数涨29.41点，涨幅为0.47%，报 6227.42点。 周三盘中，标普500指数最高上涨至6227.60点，创盘中历史新高。 "小非农"就业数据爆冷 特斯拉交付量连续两个季度下滑 板块方面，标普500指数十一大板块七涨四跌。能源板块和材料板块分别以1.70%和1.33%的涨幅领涨，医疗板块和公用事业板块分别以0.97%和0.87%的跌 幅领跌。 大型科技股多数上涨。甲骨文涨超5%，特斯拉涨超4%，台积电、超微电脑涨超3%，英伟达、苹果涨超2%，博通、高通、超威半导体、谷歌-A、阿斯麦、波 音涨超1%，微软、亚马逊、奈飞、Meta小幅下跌，英特尔跌超4%。 周三早间公布的"小非农"ADP就业报告显示，美国6月私营就业人数减少3 ...

智通财经7月2日电，据CCTV国际时讯，针对美国总统特朗普7月1日威胁对日本征收更高关税，日本首 相石破茂7月2日在就即将举行的参议院选举进行的党首讨论会上回应称，"与其加征关税，不如通过贸 易来维护国家利益。"他强调，"和其他国家相比，日本是美国最大的海外投资国，日本为美国创造了最 多的就业岗位"。7月9日是美国政府暂停征收所谓"对等关税"90天的截止期限。7月1日，特朗普称， 他"可以对从日本进口的商品征收30%或35%或任何我们确定数字的关税"——而这高于他4月2日宣布过 的对日本商品24%的关税税率。 石破茂回应美威胁对日加征更高关税 ...

换资前言： 面对剧烈波动的市场行情，我们需要的是等待机会，一击而中，而不是在频繁的交易中迷失自己！合理 的把控仓位，利用支撑和阻力位下单，让每一单有理可依，有迹可循。买卖点位不应该是随意进场，请 对自己的资金负责，永远记住一句话，专业的人做专业的事，一切实战只为盈利，合作只为双赢。经常 做错方向和进出场点位把控的不是很好，操作中亏损的朋友，可与晟富一起交流。 近期有哪些消息面影响黄金原油走势？后市黄金多空该如何研判？ 周三（7月2日）亚市早盘，现货黄金窄幅震荡，目前交投于3340美元/盎司附近。特朗普减税议案点燃 避险热潮，美联储降息预期再升温 ，黄金市场在2025年7月初迎来了新一轮的上涨热潮，现货黄金价格 周二飙升逾1%，触及6月24日以来的最高水平3357.82美元/盎司，收盘报3338.77美元/盎司，为连续两 个交易日上涨。这一涨势不仅受到美国参议院通过特朗普"大而美"减税与支出议案的推动，还与即将到 来的7月9日贸易关税暂停期限、全球储备货币格局的讨论以及美联储货币政策的最新动向密切相关。日 内将可关注美国6月挑战者企业裁员人数(万人)、美国6月ADP就业人数(万人)等数据，市场预期偏向利 空金价 ...

Group 1: Trade and Economic Policies - President Trump stated he does not plan to extend the July 9 deadline for trade negotiations with various countries, expressing skepticism about reaching an agreement with Japan. He mentioned the possibility of imposing tariffs as high as 30% or 35% on Japanese imports, significantly above the previously announced 24% [2] Group 2: Film Industry - The domestic film market in China achieved a record high in box office revenue for the first half of the year, totaling 29.226 billion yuan, which represents a year-on-year growth of 22.89%. This marks the best performance for the first half of the year since 2020 and ranks third in the history of China's film industry for the same period [5] Group 3: Real Estate and Employee Welfare - Xiaomi Group launched a new employee apartment initiative in Beijing and Nanjing, offering 2,600 units at a monthly rent of 1,999 yuan, prioritizing recent graduates. This initiative aims to enhance employee satisfaction [4] Group 4: Automotive Industry - Tesla announced a price increase for the Model 3 Long Range and Model Y Long Range versions, with the Model 3 Long Range starting at 285,500 yuan, up from 275,500 yuan. The vehicle's range has been upgraded to 753 kilometers [16][17] - Li Auto reported delivering 36,279 vehicles in June 2025, with a total of 111,074 vehicles delivered in the second quarter. The company has achieved a cumulative delivery of 1,337,810 vehicles since its inception [19] - Several car manufacturers have initiated strategies to attract customers who pre-ordered the Xiaomi YU7, offering compensation for cancellation fees to encourage them to switch to their brands [18] Group 5: Solar Industry - Leading photovoltaic glass companies are planning to implement a new round of production cuts, with the expected reduction reaching 30% in July. This decision comes in response to a significant drop in prices, which have fallen over 70% [13][14]

1. Report Industry Investment Rating The report does not explicitly mention an overall industry investment rating. However, it provides individual ratings for each energy and chemical product, including "oscillating", "oscillating weakly", and "oscillating strongly" [149]. 2. Core Viewpoints of the Report - The international crude oil futures market continues to oscillate. Although the global inventory is gradually rising, the low inventory in the US, the world's largest oil consumer, supports oil prices and domestic chemicals [2]. - The chemical products market remains in an oscillating state. There is a divergence in the inventory of liquid chemicals, with the inventory of pure benzene and styrene in East China ports rising to the highest in the same period in five years, while the ethylene glycol inventory has dropped to the lowest in five years. Low - inventory and high - basis varieties are expected to perform better [3]. - The overall outlook for the energy and chemical industry is to approach it with an oscillating mindset, waiting for new supply - demand drivers [4]. 3. Summary by Relevant Catalogs 3.1 Market News - The EU is willing to accept a 10% uniform tariff from the US but hopes for lower rates in key industries. Trump threatens to impose new tariffs on Japan, and the US will announce trade agreements with multiple countries after July 4 [7]. - The International Energy Agency predicts that global oil demand will increase by 2.5 million barrels per day from 2024 to 2030, reaching a peak of about 105.5 million barrels per day by the end of the decade. Electric vehicles are expected to replace 5.4 million barrels per day of oil demand by the end of the decade, and the petrochemical industry will become the main source of oil - demand growth from 2026 [7]. - An oil tanker "Villamoura" carrying 1 million barrels of oil exploded near Libya. Since the beginning of this year, four other ships have had similar explosions [7]. - China's manufacturing activity improved for the second consecutive month in June but remained in a contraction state. The official manufacturing PMI was 49.7, and the non - manufacturing index rose from 50.3 to 50.5 [7]. 3.2 Variety Analysis 3.2.1 Crude Oil - On June 30, international crude oil futures continued to oscillate and declined slightly due to the record - high US production reported by EIA. The market is closely watching OPEC+'s production decision on July 6, with a high call for continued production increase in August. As global supply increases and the US changes its low - inventory pattern, oil prices may enter a downward trend [6][8]. 3.2.2 Asphalt - The main asphalt futures closed at 3,561 yuan/ton. With geopolitical cooling, OPEC+ may continue to increase production more than expected in August, and the supply of heavy oil will increase. The current asphalt price is overvalued, and its absolute price and monthly spread are expected to decline [9]. 3.2.3 High - Sulfur Fuel Oil - The main high - sulfur fuel oil contract closed at 3,002 yuan/ton. Geopolitical cooling, increased supply of heavy oil, and reduced demand for power generation are negative factors. The overall supply is expected to increase while demand decreases, and the price is expected to oscillate weakly [10]. 3.2.4 Low - Sulfur Fuel Oil - The main low - sulfur fuel oil contract closed at 3,600 yuan/ton. It follows the decline of crude oil. Facing factors such as reduced shipping demand, green - energy substitution, and high - sulfur substitution, it is expected to maintain low - valuation operation and follow crude - oil fluctuations [11]. 3.2.5 LPG - On June 30, 2025, the PG 2508 contract closed at 4,222 yuan/ton. The market is still cautious about geopolitical risks, but the supply - demand pattern of "strong supply and weak demand" is difficult to change in the short term. The PG market is expected to oscillate in the short term [11][12]. 3.2.6 PX - On June 30, the CFR price of PX in Taiwan, China was 874(6) dollars/ton. In the short term, the cost of PX is likely to weaken due to OPEC+ production increase and concerns about global demand. Some domestic PX plants will be shut down for maintenance, and the market should focus on the implementation of device - change expectations [14]. 3.2.7 PTA - On June 30, the PTA spot price was 5,050(25) yuan/ton. This week, the crude - oil market may decline, and the support for PTA is weak. Although the supply of PTA is tight and the basis of July's supply is strong, some downstream factories plan to reduce production, so the PTA market is expected to oscillate [14]. 3.2.8 Styrene - On June 30, the spot price of styrene in East China was 7,780(-170) yuan/ton. Affected by the easing of the Middle - East situation, the styrene price has corrected. The supply is increasing, and the demand is weakening. The market should be vigilant about the impact of short - squeezing events and pay attention to the opportunity of narrowing the price difference between pure benzene and styrene [15]. 3.2.9 Ethylene Glycol - On June 30, the price of ethylene glycol was sorted at a low level. The inventory in East China ports has dropped to the lowest in the same period in five years. In the short term, the price is expected to oscillate strongly, and investors should not short too aggressively [17]. 3.2.10 Short - Fiber - On June 30, the raw materials provided support, and the short - fiber futures remained stable. The short - fiber price follows the raw materials, and its own supply - demand situation is oscillating. The processing fee is expected to bottom out and rise [17]. 3.2.11 Polyester Bottle Chip - On June 30, the futures of polyester raw materials rose slightly, and the price of polyester bottle chips was mostly stable. The absolute price of bottle chips follows the raw materials, and the compression space of the processing fee is limited [18][20]. 3.2.12 Methanol - On June 30, the spot price of methanol in Taicang was 2,780(-20) yuan/ton. With the easing of the Israel - Iran situation, the support for the methanol price has weakened. The port inventory has increased, and the negative feedback from the downstream has emerged. The methanol market is expected to oscillate in the short term [21][22]. 3.2.13 Urea - On June 30, 2025, the low - end prices of urea factory warehouses and the market were 1,760(+0) and 1,790(-10) yuan/ton respectively. The domestic supply - demand pattern of "strong supply and weak demand" is difficult to change, and it depends on exports. The urea market is expected to oscillate strongly, and attention should be paid to changes in export quotas [22][23]. 3.2.14 LLDPE - On June 30, the mainstream spot price of LLDPE was 7,300(0) yuan/ton. Affected by the decline in oil prices and the increase in supply, and the low downstream demand, the LLDPE 09 contract is expected to oscillate in the short term [25]. 3.2.15 PP - On June 30, the mainstream transaction price of East China wire - drawing PP was 7,160(-20) yuan/ton. The cost is affected by oil prices, the supply is increasing, the downstream demand is weak, and the export window is limited. The PP market is expected to oscillate in the short term [26][27]. 3.2.16 PVC - The benchmark price of calcium - carbide - method PVC in East China was 4,860(+0) yuan/ton. Although the market risk preference has improved, the PVC supply - demand outlook is pessimistic, and the market should short on rallies [28]. 3.2.17 Caustic Soda - The 50% caustic - soda price in Shandong was 2,560(-40) yuan/ton. Affected by factors such as the decrease in electricity prices, the increase in production, and the weakening of demand, the caustic - soda market is expected to oscillate weakly, and attention should be paid to the impact of cost increases on production reduction [29]. 3.3 Variety Data Monitoring 3.3.1 Energy and Chemical Daily Indicator Monitoring - The report provides data on the spreads (such as M1 - M2, 1 - 5 months, etc.) and basis of various energy and chemical products, as well as the changes in these data [31]. 3.3.2 Chemical Basis and Spread Monitoring - Although the report lists different chemical products for basis and spread monitoring, specific content is not fully presented in the provided text.

金十数据6月30日讯，美联储博斯蒂克周一表示，美国经济尚未面临特朗普总统贸易关税的全面影 响。"我认为未来会有更多价格影响，这更多的是时间问题，是何时的问题，而不是是否会出现的问 题。"他指出，企业目前在价格上有所克制，原因是寻求透明度，并希望避免价格不断小幅调整，以免 激怒客户。 美联储博斯蒂克：关税将在未来进一步影响价格 企业目前有所克制 ...

Group 1 - Most Asian currencies strengthened as data indicated improvement in Chinese business activity, while the US dollar weakened due to heightened expectations of a Federal Reserve rate cut [1][3] - The US dollar remains at a three-year low, pressured by rising government debt concerns, especially with a comprehensive tax cut and spending reduction bill progressing in the Senate [3][7] - The Chinese yuan appreciated slightly, with the June PMI showing a smaller-than-expected contraction in manufacturing and a rebound in non-manufacturing activity [4][5] Group 2 - The data reflects an improvement in Chinese business activity, with a recovery in overseas orders following the agreement to reduce trade tariffs between the US and China [5] - Despite the improvement, Chinese manufacturing has contracted for the third consecutive month, indicating ongoing pressure from relatively high US tariffs and weak domestic demand [5] - The US dollar index and futures fell by 0.2%, remaining close to the lowest level since early 2022, amid market expectations for a rate cut by the Federal Reserve [6] Group 3 - Concerns over rising US government debt due to the tax cut bill are weighing on the dollar, with the Congressional Budget Office estimating an increase of nearly $3.3 trillion in debt over the next decade [7] - The Asian currencies generally benefited from the weak dollar, although some lackluster data and uncertainty regarding Trump's trade policies limited larger gains [7] - The Japanese yen fell by 0.4% against the dollar, despite lower-than-expected industrial production growth in May [9]