On August 7th, domestic market liquidity remained abundant, with significant progress in affordable housing and EV charging policies. Internationally, the Fed is likely to cut rates by 50bps in September, US trade deficit narrowed, and Japanese stocks rebounded strongly.

TDD & Sinopec Group & Zhong'an Lianhe Jointly Developed Customized Materials and Received Widespread Praise! Representative Users of the Platform Present Pennants to the Partners

On August 6th, key developments included the Bank of Japan raising interest rates, impacting the yen and stock index futures. Domestically, China focuses on boosting consumption and strategic cooperation agreements, while addressing caution for travelers to Lebanon.

The domestic real estate market sees easing pressure on homebuyers, while Guangxi sets a new trade record with ASEAN. Internationally, Israel's stock market reacts to geopolitical tensions, and South Korea's exports to China recover significantly. Notably, Warren Buffett's reduction of Apple shares sparks debate among investors. (Published on August 5th, 2024)

On August 2nd, key updates include China's new long-term medical insurance mechanism, counter-cyclical policy adjustments, and international developments like the UK's interest rate cut and US labor productivity rebound. Domestic reforms and global market trends are highlighted.

On August 1st, 2024, domestic news highlights include a five-year urbanization strategy, increased energy project investments, and breakthroughs in all-solid-state lithium batteries. Internationally, there are increased bets on UK interest rate cuts and efforts to prevent Middle East conflicts.

On July 31st, key updates include China's largest LNG storage tank being lifted, efforts to boost domestic consumption, and stable US Treasury yields amid dovish Fed signals. The NDRC emphasizes effective investment and consumption, while Ukraine's energy situation stabilizes.

On July 30th, the Ministry of Finance emphasized coordinated reform measures and tax systems for new business formats. Major banks completed RMB deposit interest rate cuts, and international focus remains on OPEC+ production policies and US stock performance.

On July 29th, key domestic news includes a 3.5% YoY increase in industrial enterprise profits and Beijing's second-hand housing market showing robust activity. Internationally, the UK faces fiscal challenges, and the Bank of Japan's policy meeting outcomes are awaited.

On July 26th, the Central Bank unexpectedly lowered MLF rates by 20 basis points, and the RMB surged against the USD. Additionally, the NDRC and MOF allocated 300 billion yuan for equipment renewal and consumer trade-ins, while China's foreign non-financial direct investment increased by 16.6% YoY. Internationally, Bank of America predicts Fed rate cuts and dollar depreciation, and Saudi Arabia imported fuel oil from Kuwait.

The 2024 China Coating Industry Digital Transformation and New Quality Productive Forces Development Forum hosted by TDD will be held in Shanghai on August 7, 2024.

On July 25th, key updates include the approval of new Central enterprise index ETFs, impending changes in steel production standards, and discussions on urban-rural integration. Internationally, job markets in New Zealand and Australia are deteriorating, while the Paris Olympics boost French economic activities. Global soybean meal production is expected to reach 269 million tons in 2024-2025.

On July 24th, the Ministry of Transport signed strategic agreements with major banks in China, while the ECB hinted at potential interest rate cuts in September. Additionally, Indonesia approved significant nickel production, and Germany faces debt brake challenges. Domestic news includes mortgage rate drops and cloud computing market growth projections.

On July 23rd, significant economic developments include domestic tax reforms and maternity leave improvements, alongside international news on crude prices, trade agreements, and regulatory investigations. Notably, the carbon emission intensity of China’s power industry decreased by 8.78% in 2023.

Key updates include China’s study on new business format tax systems, improvements in maternity leave and subsidies, a decrease in carbon emission intensity, and the upcoming release of the SSE Science and Technology Innovation Board 200 Index. Internationally, the Baltic Dry Bulk Freight Index declined, and the EU plans to impose anti-dumping duties on Chinese biodiesel.