Market Overview - On July 23, the Hang Seng Index rose by 408 points or 1.6%, closing at 25,538 points, marking its highest closing level of the year[1] - The Hang Seng Tech Index increased by 2.5%, closing at 5,745 points, with total market turnover reaching HKD 333.1 billion, the highest since April 10[1] - Despite the rise, net outflow from Hong Kong Stock Connect was HKD 1.319 billion, indicating a lack of broad-based market strength[1] Sector Performance - Major tech stocks drove the index higher, with Tencent (700 HK) up 4.9% to HKD 552, a new high for the year[1] - Other notable gains included Alibaba (9988 HK) and Meituan (3690 HK), which rose between 2.5% and 3.3%[1] - AI and robotics stocks showed strong performance, with companies like UBTECH (9880 HK) rebounding by 5.8% after a recent share placement[4] Economic Dynamics - The Trump administration is shifting from broad tariffs to targeted investment agreements, maintaining at least a 10% baseline tariff while negotiating investment commitments from countries like Japan and the Philippines[3] - This strategy may help control inflationary pressures from imported goods, as certain key agricultural and energy products receive exemptions[3] Real Estate Insights - New home sales in 30 major cities fell to 1.23 million square meters, a year-on-year decline of 21.7%, although this was an improvement from the previous week's 24.9% drop[6] - The cumulative transaction volume for new homes in first-tier cities showed mixed results, with Guangzhou up 15.6% year-on-year, while Beijing and Shanghai saw declines[7] Investment Strategy - The overall sentiment in the Hong Kong market remains positive, with expectations of foreign capital inflows potentially accelerating the market's upward momentum[2] - Investors are advised to focus on high-dividend sectors such as telecommunications, utilities, and financials while looking for opportunities in growth areas like AI and biomedicine[13]

2025 年 7 月 24 日星期四 【实时热点】 【美国债市】 2 年期美债收益率涨 4.03 个基点报 3.870% 5 年期美债收益率涨 4.22 个基点报 3.926% 10 年期美债收益率涨 3.58 个基点报 4.380% 资料来源：BLOOMBERG、AASTOCKS、WIND、格隆汇、国元证券经纪（香港）整理 请务必阅读免责条款 1 证 券 研 究 报 告 【经济数据】 | 重要指数 | 收市价 | 涨跌(%) | 海外市场重要指数 | 收市价 | 涨跌(%) | | --- | --- | --- | --- | --- | --- | | 波罗的海干散货 | 2035.00 | 0.94 | 纳斯达克指数 | 21020.02 | 0.61 | | CME比特币期货 | 118170.00 | -1.12 | 道琼斯工业指数 | 45010.29 | 1.14 | | ICE布油 | 68.67 | 0.12 | 美元指数 | 97.20 | -0.15 | | 伦敦金现 | 3386.70 | -1.30 | 标普500 | 6358.91 | 0.78 | | 美元兑人民币(CFETS ...

自国家统计局5月16日公布2024年城镇单位就业人员年平均工资情况以来，6-7月份各大城市都在其地方统计局网站陆续公布该市2024年平均工资情况。 截至目前，至少有17个省市公布了2024年平均工资情况，一线城市中仅上海尚未公布。 从已经公布的城市来看，北京2024年平均工资最高，城镇非私营单位达224608元，约18717.3元/月，其次是深圳，城镇非私营单位达174478元，约14539.8 元/月。杭州城镇非私营单位以平均工资162774元（约13564.5元/月）超过广州159312元（约13276元/月）。 结合2024年热点城市新房房价、人均住房面积及人均可支配收入来看，上海、福州、北京、西安买房难度较高，都超20年，长沙、长春、青岛买房难度较 低，仅8-10年。 全国2024年平均工资发布 热点城市工资单曝光 2025年5月16日国家统计局发布《2024年城镇单位就业人员年平均工资情况》，数据显示，2024年全国城镇非私营单位和私营单位就业人员年平均工资分 别为124110元（约10342.5元/月）和69476元（约5789.7元/月）。 从区域来看，2024年城镇非私营单位分区域就业人员年平 ...

金融界7月24日消息，周四，港股小幅低开，恒生指数跌0.04%报25528.22点，恒生科技指数跌0.26%报 5730.8点，国企指数跌0.17%报9225.35点，红筹指数跌0.07%报4292.31点。 盘面上，大型科技股多下跌，腾讯控股涨0.27%，小米集团跌0.26%，网易跌1.71%，美团跌0.15%，快 手涨0.58%；创新药概念活跃，云顶新耀涨超4%；保险股普涨，中国太平涨超1%；稳定币概念多股上 涨，德林控股涨超4%。 企业新闻 西部水泥(02233.HK)：发布盈喜，预期上半年净利约6.96-7.74亿元，同比增长约80%-100%。 中康控股(02361.HK)：发布盈警，预计上半年净利润同比减少约36%-46%。 深圳控股(00604.HK)：上半年总合同销售额约68.14亿元，同比上升10.3%。 中广核矿业(01164.HK)：2025二季度已签订但尚未交付的天然铀销售量达4256tU，同比下降约7.7%。 宜搜科技(02550.HK)：联手超算科技成立Novus Infusion，主攻非物质文化遗产RWA平台。 金涌投资(01328.HK)：与圣贝拉订立战略合作备忘录，探索海外业 ...

申万宏源发布 快讯 | 申万宏源与腾讯达成战略合作 原创 阅读全文 ...

Group 1 - Major fund companies are expanding tokenized funds in response to the implementation of Hong Kong's stablecoin regulations on August 1 [1] - The total scale of bond ETFs has surpassed 500 billion yuan, reaching 507.7 billion yuan, a 191.82% increase from the beginning of the year [1] - The A-share market is experiencing a wave of mergers and acquisitions, driven by policy support and aimed at enhancing "new quality productivity" [1] Group 2 - Multiple A-share indices have reached new highs, with significant trading activity and a notable increase in margin trading [2] - Companies in the non-ferrous metals and chemical industries have reported strong performance in the first half of the year, with over 52.88% of listed companies showing profit growth [2] - The Hong Kong stock market has seen a significant increase in trading volume, but many small and medium-sized banks are experiencing low trading activity [3] Group 3 - Nine Dragons Paper has announced a price increase for corrugated paper and recycled cardboard by 30 yuan per ton, marking its fourth price hike [4] - A research team has successfully mapped the first global gene atlas for wheat resistance to stripe rust, marking a significant breakthrough in agricultural research [5] Group 4 - Alphabet reported a second-quarter revenue of $96.43 billion, a 14% year-over-year increase, exceeding analyst expectations [6] - IBM's second-quarter net profit reached $2.2 billion, a 20% increase, with revenue of $16.98 billion, also surpassing estimates [6] - Tesla's second-quarter revenue and net profit have both declined by double digits, amid ongoing challenges in the automotive market [6] Group 5 - Bubble Mart is suing 7-Eleven in the U.S. for selling counterfeit LABUBU toys, highlighting issues of intellectual property rights [7][8] - Suofeiya reported a slight decline in net profit for the first half of the year, attributed to the impact of export business and lower investment income [9] - The actual controller of居然智家 has returned to work after being released from detention, indicating a resolution of legal issues [10]

港股开盘，恒指开跌0.04%，科指开跌0.26%。科网股部分下跌，网易(09999.HK)、百度(09888.HK)跌超 1%。 ...

大家早上好！昨夜今晨，又有很多大事发生。 【导读】标普500指数、纳指收盘创新高，中概科技龙头大涨 美国三大股指全线收涨，标普500指数、纳指创收盘新高。中概科技龙头大涨！美国总统特朗普表示，将对世界其他大部分国家征收15%至50%的简单关 税。谷歌业绩超预期，盘后一度大涨3%。特斯拉每股收益同比下降23%，盘后跌超2%。 中概科技龙头大涨 中概股多数上涨，纳斯达克中国金龙指数涨0.75%，中概科技龙头指数涨1.86%。 腾讯涨3.93%，拼多多涨2.97%，美团涨1.90%，领涨中概科技龙头指数成份股。 | | 序号 代码 | 名称 | 现价 涨跌 涨跌幅▼ | | 年初至今 时间 | | --- | --- | --- | --- | --- | --- | | 1 | TCEHY 腾讯控股-ADR | | 70.350d | 2.660 3.93% | 32.29% 15:59 | | വ | PDD | 拼多多 | 118.460 | 3.420 2.97% | 22.14% 16:00 | | ന | | MPNGY 美团-ADR | | 33.790d 0.630 1.90% | -12.93% ...

2. 国际贵金属期货普遍收跌，COMEX 黄金期货跌 1.34%报 3397.50 美元/盎司， COMEX 白银期货跌 0.09%报 39.52 美元/盎司。 3. 国际油价窄幅震荡，美油主力合约收涨 0.17%，报 65.42 美元/桶；布伦特原 油主力合约涨 0.10%，报 68.66 美元/桶。 4. 伦敦基本金属收盘多数上涨，LME 期锡涨 2.48%报 34750.00 美元/吨，LME 期 铅涨 0.87%报 2028.50 美元/吨，LME 期铜涨 0.14%报 9933.50 美元/吨。 5. 国际农产品期货多数下跌，美大豆跌 0.30%，美玉米跌 0.06%，美豆油涨 0.87%，美豆粕跌 0.61%，美小麦跌 1.55%。 投资有风险，入市需谨慎。 本公司具备期货交易咨询业务资格，请务必阅读最后一页免责声明。 地址：北京市朝阳区朝阳门外大街甲6号万通中心D座20层（100020） 总机：010-8535 6666 资讯早间报 制作日期： 2025/7/24 隔夜夜盘市场走势 1. 周三夜盘收盘，国内期货主力合约涨跌互现，焦煤涨超 4%，沪锡、甲醇涨超 1%。跌幅方面，氧化铝、豆粕、纯碱、 ...

Market Overview - On July 23, Hong Kong's three major indices opened higher and closed with gains: the Hang Seng Index rose by 1.62% to 25,538.07 points, the Hang Seng Tech Index increased by 2.48% to 5,745.74 points, and the Hang Seng China Enterprises Index gained 1.82% to 9,241.2 points [1] - Technology stocks led the gains, with Meituan up nearly 3.5%, JD Group rising close to 3%, and Alibaba increasing by nearly 2.5% [1] - The Hang Seng Tech Index ETF (513180) followed the index's upward trend, closing up 2.65%, with notable increases in NIO (up nearly 9%), Kuaishou (up over 7%), Baidu (up over 6%), and Tencent (up nearly 5%) [1] Southbound Capital - On July 23, southbound capital recorded a net sell of HKD 1.32 billion in Hong Kong stocks; however, the net buying amount for the month reached approximately HKD 64.9 billion, with a cumulative net buying of about HKD 796.1 billion for the year, nearing last year's total of HKD 808 billion [2] U.S. Market Performance - U.S. stock indices closed higher overnight, with the Dow Jones up 1.14%, the S&P 500 rising 0.78%, and the Nasdaq increasing by 0.61% [3] - Notable gainers included Merck (up nearly 3%) and UnitedHealth Group (up over 2%), leading the Dow [3] - The S&P 500 and Nasdaq reached new closing highs, while the Hang Seng Index ADR fell, closing at 25,438.94 points [3] Key Messages - The National Development and Reform Commission of China is taking practical measures to enhance cooperation between state-owned and private enterprises, aiming to improve governance and promote technological innovation [4] - Citigroup's recent strategy report indicates that despite macroeconomic fluctuations, Asian markets are outperforming global counterparts, with an upgrade in ratings for Chinese and South Korean markets to "overweight" [4] Short Selling Data - On July 23, a total of 615 Hong Kong stocks were short-sold, with a total short-selling amount of HKD 29.818 billion; notable short-selling amounts included Tencent (HKD 2.659 billion), BYD (HKD 1.441 billion), and Kuaishou (HKD 1.323 billion) [5] Institutional Insights - Huatai Securities suggests that the Hong Kong stock market is entering a new phase of revaluation, with external and internal negative factors improving faster than expected, indicating potential for further market gains [6] - The report highlights that pressures are expected to ease in the third quarter, with the possibility of an earlier start to the third round of market rallies than previously anticipated [6] - Relevant ETFs include the Hang Seng Pharmaceutical ETF (159892), Hang Seng Internet ETF (513330), Hong Kong Consumer ETF (513230), and Hong Kong Automotive ETF (159323) [6]