GoldenOctober2024

Jin10 data reported on May 5th that the research report from China Merchants Securities indicates that in May, the market may present a pattern of "weight index rebound and active technology growth." From the current economic data, the market is concerned about the negative impact of tariff shocks on exports. However, with ample fiscal funds, it can hedge against the downturn in exports, and the economy is still primarily focused on stability in the future. With the disclosure of annual reports and Q1 reports coming to an end, the profit growth of listed companies has welcomed a long-awaited upward turning point. Moreover, due to the significant improvement in operating cash flow and the decline in capital expenditure, the establishment of a free cash flow turning point solidifies the overall upward direction of A-shares. After the earnings disclosure period ends, the market will actively layout investment targets in industries with improved performance. As we enter the performance vacuum period, new industry trends are on the rise, and industry trend investment and thematic investment are expected to return in the current environment. As the Central Huijin acts as a stabilizing fund, there is limited room for market downward adjustment, which will strengthen risk appetite, and the financing balance has

Jin10 reported on May 5 that the Wall Street Fear and Greed Index (during the US market opening) reached 57, entering the greed zone for the first time since December 16 of last year.

On May 5, Jin10 reported that South Korea's largest opposition party, the Democratic Party of Korea, stated on the same day that it requests the Seoul High Court to postpone the retrial of the case involving presidential candidate Lee Jae-myung until after the presidential election. If the court makes a ruling before the presidential election, Lee Jae-myung's eligibility to run may be affected.

Economic data from the United States shows anxiety, but has not yet seriously slowed down. Goldman Sachs pointed out that the Federal Reserve (FED) will not relax its policies solely based on soft data, and requires hard data support. It is expected that the Federal Reserve (FED) will maintain the interest rate unchanged, awaiting further evidence from labor market data and others.

On May 5, local time, a senior Israeli defense official issued a statement saying that if the Palestinian Islamic Resistance Movement (Hamas) fails to reach an agreement with Israel on the exchange of detainees during US President Trump's visit to the Middle East next week, the Israeli military will launch a large-scale offensive against Hamas in the Gaza Strip. The official said the military operation was aimed at defeating Hamas in the Gaza Strip and freeing all detained Israeli personnel, and that the operation had been unanimously approved by Israel's security cabinet. He stressed that the Israeli army will strengthen its forces to defeat Hamas, destroy its military capabilities and force it to release all detainees. At the same time, the core element of the plan is the mass evacuation of all residents of the Gaza Strip from the war zone, including northern Gaza, to the southern part of Gaza, with the aim of isolating them from Hamas in order to guarantee the freedom of movement of the IDF. The official also said that to the people of the Gaza Strip

Jin10 News, May 5: Since the beginning of this year, a series of policies and measures aimed at promoting the development of the private economy have been intensively introduced and have taken effect, steadily advancing the high-quality development of the private economy. A series of fiscal, financial, and industrial policies are making a strong push and are being transformed into tangible development confidence for private enterprises. Data shows that the small and medium-sized enterprise development index in the first quarter was 89.5, with indicators such as enterprise operating rates, orders, and sales steadily improving. The vitality of the private economy continues to strengthen, injecting strong momentum into high-quality economic development.

Jin10 reported on May 5 that the Spanish government is advancing a plan to reduce the weekly working hours to 37.5 hours. On Monday, Spanish Prime Minister Sánchez spoke at a business event in Barcelona, stating that the cabinet will discuss this plan tomorrow before submitting it to parliament. However, this bill will face a lengthy approval process in parliament, and it is far from certain whether it will receive enough support from the legislators.

Jin10 data reported on May 5, looking ahead to the May market, brokerage analysts pointed out that during the holiday period, the overall trend of related assets such as Hong Kong stocks and the Renminbi exchange rate is optimistic. If there are no surprises, the A-shares are likely to rise to "make up for the increase" after the holiday, and the gap from April 7 will be repaired to a greater extent.

Jin10 reported on May 5 that the General Staff of the Armed Forces of Ukraine stated that in the past day, the Russian army lost about 1260 soldiers, as well as 5 tanks, 8 armored personnel carriers, and 43 trap systems among other equipment.

Jin10 data, May 5th, reported that Moscow Mayor Sobyanin stated during a meeting with Russian President Putin that Moscow's economy has risen by 5.5% in the past year and has risen by 25% over the past six years. Sobyanin said: "Despite the objective difficulties... our economy has grown by 5.5% in the past year; in fact, Moscow's economy has risen by a quarter over the past six years, including during the periods of the pandemic, sanctions, etc." "This is quite good momentum," "We have achieved growth every year."

Jin10 reported on May 5th that on Monday, Ukrainian President Zelensky began talks with Czech Prime Minister Fiala in Prague. Ukraine and the Czech Republic will discuss all aspects of bilateral cooperation, including the Czech initiative to supply ammunition to Ukraine. Later that same day, Zelensky will also meet with the leaders of Czech defense companies.

Jin10 reported on May 5 that on May 4 local time, U.S. President Trump stated that a 100% tariff would be imposed on all films produced abroad. In response, various sectors in New Zealand expressed that if this proposal is implemented, it could have a profound impact on the global film industry, especially for film-producing countries like New Zealand that rely on international cooperation.

The Israel Defense Forces investigation has found that the soldiers who encountered an explosion last week may have been struck by Hamas rocket fire, rather than a malfunctioning tank shell. The injured soldiers belong to the 46th Battalion of the 401st Armored Brigade, with one in serious condition and one in light condition. The investigation results indicate that the explosion occurred at a military camp in the eastern part of Gaza City, and the commander believes that the soldiers were most likely hit by a rocket.

The Gaza Strip health department reported that military actions in the past 24 hours have resulted in 23 deaths and 119 injuries, along with 9 victims of attacks. Since March 18, a total of 2,459 people have died and 6,569 have been injured. Since October 7, 2023, military actions in the Gaza Strip have led to a total of 52,567 deaths and 118,610 injuries.

Jin10 reported on May 5th that the Pakistan Inter-Services Public Relations announced on the same day that the Pakistani military successfully test-fired the "Fateh series" surface-to-surface missile. This marks the second time the Pakistani military has announced a successful missile test in May.

Jin10 data reported on May 5th, on May 5th local time, the Palestinian Islamic Resistance Movement (Hamas) issued a statement rejecting the use of humanitarian aid as a tool for political blackmail and expressed support for the United Nations' stance in rejecting the new aid mechanism proposed by Israel. Hamas pointed out that Israel continues to block aid supplies from entering Gaza and undermines the existing humanitarian distribution system, clearly indicating its intention to create famine. The statement emphasized that the aid mechanism proposed by Israel violates international law and is an evasion of its responsibilities as an occupying power.

Jin10 reported on May 5, local time, that Russian President's Press Secretary Peskov stated at a briefing that the Russian side has repeatedly noted information regarding a meeting between the Russian and American leaders. Considering multiple aspects, the Russian side believes that such a meeting is necessary. Peskov emphasized that the meeting requires careful preparation, which demands continued efforts from both sides at all levels of expertise, to maintain the ongoing contacts that have already been initiated between Russia and the United States, but no specific arrangements have been reached yet.

Spot gold has risen above $3300/ounce for the first time since April 30, with a daily increase of 1.83%.

On May 5, Jin10 reported that on May 4 local time, the Maldivian government and MBS Global Investments, headquartered in Dubai, announced the establishment of the "Maldives International Financial Center" (MIFC). The total investment for the project is expected to reach 8.8 billion USD, located in the capital of Maldives, Malé. The project is expected to be completed by 2030, aiming to significantly boost the GDP of Maldives within four years, with the revenue expected to exceed 1 billion USD in the fifth year.

Jin10 reported on May 5 that in March of this year, Microsoft (MSFT.O) announced that it will terminate the operation of Skype on May 5, 2025, and recommend users migrate to the Microsoft Teams application, marking the imminent end of this once-dominant internet voice and messaging service, concluding 14 years of operation.