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]

Group 1 - The core point of the news is that Yisou Technology (stock code: 2550) announced a financing plan through the placement of existing shares and subscription of new shares, aiming to raise approximately HKD 350 million [1][2] - The placement involves 65,787,000 existing shares and 65,787,000 new shares, with a subscription price of HKD 5.26 per share, representing a discount of about 14.7% to the last closing price of HKD 6.17 [1] - The total number of shares involved in the placement and subscription represents approximately 17.0% of the total issued shares as of the announcement date, and about 14.6% of the enlarged total issued shares after completion [1] Group 2 - The funds raised will be used for investments in internet digital center assets, companies involved in artificial intelligence technology and its applications, and for general corporate purposes [2] - The financing is expected to be completed by August 7, 2025, or earlier, based on the general authorization granted by the shareholders' meeting [2]

大家早上壕！ 先看海外要闻： 在美日达成协议、美欧接近达成15%关税协议的消息提振下，市场对贸易摩擦的担忧大幅降温，风险情绪被点燃，标普500、纳指再创新高，标 普500指数收涨0.78%，道指涨幅1.14%，纳指涨幅0.61%。 盘后财报后，谷歌一度涨3.5%，特斯拉一度跌超5%。Meme股热潮下散户"新宠"更迭快，GoPro、Krispy Kreme盘中一度暴涨，Kohl's和Opendoor 跳水。 谷歌母公司二季度业绩超预期，提高全年资本支出至850亿美元，盘后一度涨3.4% 黄金较日高跌近1.7%。原油库存大幅下降，油价深V反弹、最终持平于昨日收盘价。焦煤夜盘一度涨超7%。 特斯拉二季度业绩惨淡、创十年最大销售下滑，重申发新车和Cybercab量产计划，指引缺席。马斯克警告未来几个季度恐怕形势严峻。 白宫发布"AI行动计划"：放宽监管、扩大能源，加快推动AI发展。分析称，OpenAI、微软、亚马逊成大赢家。 纳斯达克金龙中国指数收涨0.75%，报7896.94点。小马智行初步收涨7.7%，文远知行涨5.2%，腾讯涨4%，拼多多涨3%，台积电涨2.3%，阿里涨 1.5%。 美债收益率全线上涨，10年期 ...

Group 1 - Juzi Technology Development Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange on July 23, with Huifu Financing Co., Ltd. as the sole sponsor [1] - Luxshare Precision announced plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy and governance transparency [2] Group 2 - The investigation into the water quality issues in Yuhang District revealed that the odor was caused by organic sulfur compounds due to environmental factors, including high temperatures and algal blooms [3][4] - The Yuhang Water Supply Company and related authorities took measures to switch water sources and flush pipelines to address the water quality issues, restoring normal supply by July 17 [3][4] - A total of seven officials were held accountable for the inadequate response to the water quality crisis, highlighting deficiencies in emergency response and monitoring systems [4] Group 3 - Sam's Club reintroduced Wei Long's konjac snacks on its app, indicating a shift back to popular products after consumer complaints about quality [6] - The high price of Coca-Cola at the Peace Hotel in Shanghai sparked public debate about pricing practices in the hospitality industry [5] Group 4 - Amazon Web Services (AWS) announced the dissolution of its Shanghai AI research institute due to strategic adjustments, emphasizing the need for resource optimization [15] - Volvo plans to reform its dealer management processes and introduce a "one-price" model to enhance customer service and streamline pricing [16] Group 5 - Pop Mart is suing 7-Eleven in the U.S. for selling counterfeit LABUBU toys, indicating ongoing issues with brand protection in international markets [16] - The upcoming wedding of Steve Jobs' daughter is expected to cost over $4.8 million, showcasing the intersection of celebrity and luxury events [16] Group 6 - Alibaba is set to launch its first self-developed AI glasses, marking a significant step in its AI consumer product strategy [24] - 360 Group plans to release two AI hardware products, including a smart recording pen and smart glasses, aimed at enhancing user experience in meetings and daily tasks [25] Group 7 - Momenta led a 500 million yuan financing round for Zero One Automotive, focusing on the development of new energy heavy trucks and autonomous driving technology [23] - The outdoor sports brand "SURPINE" completed a multi-million Pre-A financing round to enhance product development and market expansion [22]

Group 1 - The article discusses the abnormal taste in water supply in Yuhang District, attributing it to a combination of climate, environmental, and hydrodynamic factors [5] - A joint investigation team was formed to analyze the water quality and environmental data, revealing the presence of sulfur compounds that caused the unpleasant odor [5] - The investigation concluded that the rapid growth of algae due to high temperatures contributed to the issue, with the problem arising from a combination of various factors [5] Group 2 - Juzi Technology submitted its listing application to the Hong Kong Stock Exchange, with Wihua Financing as the sole sponsor [3] - Luxshare Precision announced plans to issue overseas listed foreign shares (H-shares) to enhance its global strategy and improve governance transparency [4] Group 3 - The article highlights the reopening of tourism visas for Chinese citizens by India after a five-year suspension [12][13] - The article mentions the upcoming closure of Hainan Free Trade Port, set to officially start on December 18, 2025, which is seen as a significant step in China's commitment to high-level openness [13][14] Group 4 - The U.S. stock market saw all three major indices rise, with notable gains in popular Chinese concept stocks [14] - Tesla's first Supercharger diner in Los Angeles generated $47,000 in revenue within six hours, indicating strong consumer interest and potential for expansion [21] Group 5 - Amazon's AWS Shanghai AI Research Institute has been disbanded due to strategic adjustments, with the company emphasizing support for affected employees [15] - Volvo plans to reform its dealer management processes and introduce a "one-price" model to enhance consumer service quality [15] Group 6 - Pop Mart is suing 7-Eleven in the U.S. for selling counterfeit LABUBU toys, highlighting issues of brand protection in international markets [16][17] - The article mentions the launch of new AI products by various companies, including Alibaba's AI glasses and 360's AI recording pen, indicating a trend towards AI integration in consumer electronics [25][26]

贸易消息引爆风险偏好，美股再创新高，小盘股领涨；黄金美债跌；焦煤夜盘一度涨超7%。 中国商务部：何立峰将于7月27日至30日赴瑞典与美方举行经贸会谈。 媒体称欧美接近达成协议、美将对欧盟征15%关税，白宫回应是臆测。8月关税大限逼近，欧盟再 度反击：拟对1000亿欧元的美国商品征收30%关税。 特朗普称"美日达成协议，日本接受15%税率，开放汽车、大米市场"。卢特尼克：日本用5500亿 美元"买了"较低的汽车关税税率。美国三大车企对美日贸易协议"很不满"。 美国财长贝森特称现在不急于敲定鲍威尔继任人选。 石破茂出面否认"辞职传闻"，称并未讨论过留任还是卸任。 日债又暴雷，40年期长债拍卖需求创十四年新低。 白宫发布"AI行动计划"：放宽监管、扩大能源，加快推动AI发展。分析称，OpenAI、微软、亚马 逊成大赢家。 12月18日海南自贸港封关！"零关税"商品比例74%、"一线"口岸8个。 特斯拉Q2业绩惨淡、创十年最大销售下滑，重申发新车和Cybercab量产计划，指引缺席。马斯克 警告未来几个季度恐怕形势严峻。 谷歌母公司二季度业绩超预期，提高全年资本支出至850亿美元，盘后一度涨3.4%。 提醒：周四将公 ...

Company Updates - Tesla reported a significant decline in Q2 performance, with a 12% year-over-year drop in revenue and a 23% decrease in EPS, marking the largest sales decline in a decade. The automotive business revenue fell by 16%, continuing a trend of double-digit declines over two consecutive quarters. The company reaffirmed plans to launch new vehicles and the Cybercab, with a warning from CEO Elon Musk about challenging conditions in the upcoming quarters [10][12] - Alphabet, Google's parent company, exceeded Q2 earnings expectations and raised its full-year capital expenditure forecast to $85 billion, which is $10 billion higher than previous estimates. The strong performance was driven by robust growth in cloud services and search advertising, although there are concerns about profitability due to increased capital spending [4][12] Industry Insights - The U.S. and Japan have reached a trade agreement that lowers tariffs on Japanese automobiles to 15%, which has raised concerns among American automakers about competitive disadvantages. The agreement is seen as a potential template for future U.S.-EU trade negotiations [11][21] - The Chinese Ministry of Commerce announced that Hainan Free Trade Port will officially close on December 18, with 74% of imported goods subject to zero tariffs. This move is expected to enhance trade facilitation and regulatory efficiency in the region [9][10] - The AI sector is poised for significant growth as the U.S. government has released an "AI Action Plan" aimed at accelerating AI development through regulatory relaxation and increased energy supply for data centers. Major players like OpenAI, Microsoft, and Amazon are expected to benefit from these initiatives [14]

在美东时间周三发布的财报中，谷歌(GOOGL.US)宣布将年度资本支出计划上调至约850亿美元，并预告明年将继续增加投入，公司 表示这一决策源于其云计算服务的强劲需求。这家搜索巨头凭借人工智能(AI)新功能和稳定的数字广告市场，季度营收与利润双双 远超华尔街预期。 截至6月30日的第二季度，谷歌总营收达964.3亿美元，超出分析师约940亿美元的平均预期;每股收益2.31美元，也高于2.18美元的预 期值。 其中，谷歌云业务销售额同比激增近32%，远超26.5%的增长预期，成为推动营收增长的主力引擎。"面对云产品与服务持续旺盛的 需求，我们正加大资本支出投入，"首席执行官Sundar Pichai在财报声明中强调。 Forrester分析师Nikhil Lai则认为："面对OpenAI的竞争压力，谷歌不得不大幅增加AI基础设施和应用投入。" 首席财务官Anat Ashkenazi在电话会议中透露，鉴于市场需求和增长机遇，2026年资本支出还将进一步扩大。她补充道，尽管服务器 部署速度已加快，但云服务需求仍持续超过供给能力。 此前谷歌承诺今年资本支出约750亿美元，这一数字已高于当时华尔街预期的588.4亿美元 ...