• 2025-04
    02

    On April 2nd, according to Wind data, as of the close of April 1st, a total of 1058 A-share listed companies have disclosed their 2024 annual reports to the public, and 633 listed companies have achieved year-on-year growth in operating revenue, accounting for approximately 59.83%. From an industry perspective, listed companies in industries such as chips, semiconductors, consumer electronics, chemicals, biomedicine, automobiles, and components have performed outstandingly. According to Wind data, as of now, 841 A-share listed companies plan to distribute cash dividends for the year 2024, which has become a standard for profit distribution. (China Securities Journal)

  • On April 2nd, Ubiquitous announced on the Hong Kong Stock Exchange that its directors, supervisors, and senior management collectively purchased the company’s H shares with their own funds on April 1st. According to the directors, supervisors, and senior management, they have full confidence in the business development and prospects of our company, and believe that the current H-share price does not reflect the value of our group. They fully recognize the long-term value of our group. Subject to compliance with applicable laws and regulatory requirements, they may further increase their holdings in the Company at an appropriate time. Within 12 months after this announcement, it is expected that the total amount of H shares purchased will not exceed 50 million RMB.

  • On April 2nd, Federal Reserve’s Gulsby stated that hard data on the US economy remains quite robust. If we can overcome this uncertain period, the potential strength of the economy still exists. The performance of soft data and hard data is completely different, and confidence almost collapses.

  • On April 2nd, this year’s government work report proposed to improve the differentiated regulatory system for venture capital funds, strengthen policy based financial support, accelerate the development of venture capital, and strengthen patient capital. Through sorting, it was found that Guangdong, Jiangsu, Anhui and other places have taken the lead in breaking through the problem of “hierarchical” supervision, activating the vitality of venture capital funds through innovative mechanisms such as differentiated assessment and loss tolerance exemption; At the national level, trillion dollar “aircraft carrier” venture capital funds are poised to take off, with diversified financing tools helping capital “flow” into hard technology and early-stage projects. Industry insiders believe that the continuously introduced policy “combination punch” will continue to unblock the bottlenecks of long money entering the market, making patient capital investment more “bold”.

  • On April 2nd, Yehia Sareya, spokesperson for the Houthi armed forces, made a televised speech in the early hours of April 2nd local time, stating that the Houthi armed forces had used missiles and drones to attack the US aircraft carrier Harry Truman and other “enemy warships” located in the Red Sea for the third time in the past 24 hours. The US has not yet responded to this.

  • On April 2, the United Nations Office for the Coordination of Humanitarian Affairs reported on April 1 local time that the number of air strikes and shelling operations continued to increase, the death and injury of civilians in the Gaza Strip increased, and important infrastructure was damaged. In addition, the suspension of aid supplies entering Gaza has had a devastating impact on the people in need. During the ceasefire period, all 25 bakeries assisted by the World Food Programme were closed due to shortages of flour and fuel. The World Food Programme continues to use surplus stocks to distribute food, but the situation remains extremely critical.

  • On April 2nd, White House Press Secretary Levitt stated that the comprehensive tariffs imposed by Trump will take effect immediately after being announced on Wednesday. My understanding is that the tariff announcement will be released tomorrow, “Levitt said.” These measures will take immediate effect. “Trump plans to announce tariffs on global trading partners at an event in the White House Rose Garden on April 2 at 4 pm local time (4 am the next day Beijing time). Levitt did not provide any clues about the size and scope of the tax, but she stated that Trump is willing to listen to foreign governments and business leaders’ demands for lower tax rates. She said that many countries have already contacted the US government regarding Trump’s plan. Levitt also downplayed the market volatility before the announcement of the news. Investors are concerned that tariffs may push up inflation, leading to weeks of sustained selling in the US stock market. Levitt said, “Just like during Trump’s first term, Wall Street will be fine

  • On April 2nd, spot gold and COMEX gold futures closed slightly lower, with intraday uniformity continuing to reach new highs. Spot gold closed down 0.15% at $3118.95 per ounce; COMEX gold futures closed down 0.06% in June at $3152.3 per ounce. COMEX silver futures closed down 0.62% at $34.395 per ounce.

  • On April 2nd, since the Spring Festival, the bond market has continued to fluctuate, and the net value of fixed income wealth management products has intensified, prompting bank wealth management institutions to turn their attention to interest rate derivatives and seek new risk hedging tools. Despite facing practical challenges such as licenses, systems, and personnel, bank wealth management institutions are accelerating their participation in the derivatives market and exploring more robust paths for interest rate risk management, driven by both policy guidance and market demand. The reporter learned that several bank wealth management subsidiaries are expected to obtain relevant trading qualifications in the near future. (Shanghai Stock News)

  • On April 2nd, against the backdrop of the gradual disappearance of quarter end disturbances and the central bank’s operation to protect liquidity, the market funds have shown a stable and loose trend in recent days. Industry insiders indicate that liquidity pressure has significantly eased after the cross season, and the central price of funds is expected to decline. At the same time, fiscal efforts will accelerate the pace of government bond issuance, and the pressure on government bond supply in the second quarter will gradually emerge. It is widely expected in the industry that if the supply of government bonds accelerates and pushes up the funding interest rate, the central bank may hedge the pressure on the funding side through various monetary policy operations, coupled with the fiscal injection effect in the second quarter, and the funding side is expected to loosen marginally. (Shanghai Stock News)