A-shares have finally rebounded! The European Union and the United States have taken action against China, and they are paying attention to the blockbuster events in the global stock market tonight

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2024-06-12 16:53Posted on the official account of Guangdong Kancai

This week, more than 3,000 companies rose for two consecutive trading days, and today there are 91 daily limits, Concord Electronics 7 boards, big bull book Zhengdan shares daily limit, last week's plunge in small and micro cap stocks caused by the delisting crisis seems to be cathartic, and market sentiment has warmed up. However, the expected general reversal did not appear, and the turnover of the two cities shrank by less than 0.7 trillion again, and returned to the previous rapid rotation of the plate.

Tonight, the United States will release May CPI data, and the Federal Reserve's June interest rate meeting will land in the early hours of tomorrow morning, because the European Central Bank has taken the lead in cutting interest rates, and the large and small non-farm payrolls data released by the United States last week fought, the market is very concerned about the CPI and the Federal Reserve's interest rate decision in the United States tonight, which may also be the reason for the cautiousness of funds.

Let's take a look at today's blockbuster news:

Apples skyrocketed

Apple held a WWDC conference in the early hours of yesterday morning, Apple's stock price fell nearly 2%, and many self-media ridiculed Apple's innovation for not being reasonable, but last night Apple opened high and soared by more than 7%, and its market value surpassed Nvidia. Why did only one day later, the market sneered at Apple's embrace of AI at the WWDC conference and then looked forward to it, why did Apple's market value fall sharply and then soar?

Guojun Electronics believes that because it had communicated with many investors before the press conference about "Apple/Qualcomm", the judgment given after yesterday's press conference was: "The degree of cooperation with OpenAI is less than expected; Cross-app collaboration, screen reading, Siri and other functions are in line with expectations; The degree of completeness of the product definition exceeded expectations.

Investors who come to OpenAI will go, and the cooperation is still relatively shallow and cautious, and it will fall to this. Institutions believe that the AI revolution displayed at WWDC 24 will finally be recognized by the capital market, and the imagination brought by Apple Intelligence is expected to become the starting point of a new round of innovation in consumer electronics.

Boosted by this, today's A-share "fruit chain" also rose sharply, Zhixin Precision, Saiteng shares, Lingyi Zhizao and other shares rose to the limit, and Lixun Precision rose nearly 7% intraday.

WuXi AppTec soared

According to the Financial Associated Press, the 2025 NDAA bill (H.R. 8070 Military Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025) list, the House version of the Biosecurity Act (H.R. 8333) is in the Submitted state. Zhan Kai, a partner lawyer at Shanghai Yuanda Winston who is familiar with the legislative operation of the U.S. Congress, told the Financial Associated Press reporter that this means that the bill is trying to enter the 2025 House version of the NDAA bill, but the bill has not been updated to the amendment to be discussed and considered (i.e., Made in Order status) after the application is submitted, so it should indeed not be included in the NDAA2025 revision consideration.

Today, A-share WuXi AppTec once hit the limit, and Hong Kong-listed WuXi Biologics rose by more than 13%, driving the innovative drug sector to soar.

Today, the CPI released by the Bureau of Statistics in May increased by 0.3% year-on-year and negative growth by 0.1% month-on-month, both lower than market expectations; PPI grew by 1.4% year-on-year in May, the first positive month-on-month growth of 0.2% since September last year, better than market expectations. The social finance data for May has not been released for a long time, which may be lower than market expectations.

According to the Financial Associated Press, the European Union will impose tariffs of up to 25% on electric vehicles imported from China from next month, and the Biden administration in the United States is considering further restricting China's access to chip technology for artificial intelligence, which will target new hardware technologies that have just entered the market and have not yet sprouted.

Finally, a brief look at the market, as of the close, the Shanghai Composite Index rose 0.31%, the ChiNext Index fell 0.44%, the Hong Kong Hang Seng Index fell 1.26%, and the Hang Seng Technology Index fell 1.67%. In terms of sub-sectors, coal, media, petroleum and petrochemical, machinery and equipment, non-ferrous metals and other industries led the gains, while banks, power equipment, non-bank finance, real estate, beauty care and other industries led the decline.

The resource stocks and dividend line with a large recent adjustment have stabilized and rebounded today, and now the market has three choices: the first is to re-hold the dividend line; the second is to switch to technology growth stocks; The third is to go up the market. The first two are structural markets, and the general rise must be increased, and tonight's US CPI data and the Federal Reserve's interest rate decision are the key.

Risk Warning:

The stock market is risky, investment needs to be cautious, this article does not constitute investment advice, readers need to think independently

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