Group 1 - The core viewpoint of the article highlights a significant decline in freight rates for European shipping routes, with the Shanghai Containerized Freight Index (SCFI) continuing to decrease [1] - Analysts indicate that shipping companies raised rates in July but are now lowering them again in the spot market, negatively impacting market sentiment [1] - Despite the current downward trend, the traditional peak shipping season in July and August suggests that there may not be a need to be overly bearish on the main August contract [1]

Market Overview - The market experienced a rebound after a dip, with mixed performance across the three major indices. The micro-cap stock index rose over 2% to reach a new high. M&A concept stocks surged, with companies like Guangzhi Technology, An彩高科, and Binhai Energy hitting the daily limit. The real estate sector also showed strength, with stocks like Huaxia Happiness and Huayuan Real Estate reaching their limits. The shipping sector continued its strong performance, with stocks such as Ningbo Shipping and Lianyungang also hitting their limits. Overall, more than 3,500 stocks in Shanghai, Shenzhen, and Beijing saw gains, with a total trading volume of 1.12 trillion [1]. M&A Activity - The asset restructuring sector saw a significant rise, with multiple stocks like Zongyi Co. and An彩高科 hitting their daily limits. The China Securities Regulatory Commission (CSRC) announced revised regulations for major asset restructuring, simplifying the review process and enhancing regulatory inclusiveness. Since the introduction of the "M&A Six Guidelines," the scale and activity of the M&A market have significantly increased, with over 1,400 disclosed asset restructurings, including more than 160 major ones. This year, over 600 asset restructurings have been disclosed, 1.4 times that of the same period last year, with completed major transactions exceeding 200 billion, 11.6 times that of last year [3][4][5]. Real Estate Sector - The real estate sector experienced a notable increase, with stocks like Zhengzhong Design and Huaxia Happiness reaching their limits. According to the National Bureau of Statistics, the real estate market's transactions and prices have stabilized, with increased activity in some first- and second-tier cities. Analysts expect continued positive and moderate policies to support the real estate sector, with more fiscal and monetary measures anticipated to aid in stabilizing the market [6][7]. Shipping Sector - The shipping sector remained active, with stocks such as Nanjing Port and Ningbo Shipping achieving consecutive gains. Reports indicated a 600% increase in export customs declarations to the U.S. over two days, with significant increases in inquiries and bookings for shipping to the U.S., indicating an upcoming peak shipping period. Analysts believe that the 90-day tariff window between China and the U.S. may lead to a surge in shipping volumes and prices, benefiting related companies [8][9][10].

Group 1 - The postponement of the Federal Reserve's interest rate cut expectations by major institutions is seen as a negative factor for gold prices, indicating an improved outlook for U.S.-China relations and economic prospects in the next 90 days [2] - President Trump is advocating for immediate interest rate cuts by the Federal Reserve, expressing dissatisfaction with the current economic situation and inflation rates [3] - The probability of a rate cut in the upcoming FOMC meeting on September 17 has decreased to 60%, down from over 100% two weeks ago, suggesting a potential delay in rate cuts until December [5] Group 2 - U.S. companies are utilizing a 90-day window to stockpile products in anticipation of potential tariff increases, coinciding with the traditional shipping peak season, which may lead to increased demand and higher shipping costs [6] - The average shipping time for trans-Pacific trade is 22 days, prompting shippers to maximize cargo transport within the 90-day period, potentially leading to an earlier peak season this year [6] - There is an expectation for companies to increase inventory levels to 3-6 months, reflecting the urgency to avoid empty shelves and rising shipping costs [7]