Jinri Toutiao

Did the United States say during the call that it would abolish the tariffs imposed on Chinese imports? The Ministry of Foreign Affairs responded

Foreign Ministry spokesman Zhao Lijian held a regular press conference on the 5th. Zhao Lijian said: on the issue of tariffs, China's position is consistent and clear. Abolishing all tariffs on China will benefit both China and the United States and the world as a whole. According to the calculation of the US think tank, abolishing all tariffs on China will reduce the US inflation rate by one percentage point. In the current situation of high inflation, American consumers and enterprises can benefit from the early abolition of tariffs on China.

The market believes that if this round of tariffs is stopped, the second and third rounds of tariffs, which expire one after another in the next two months, are also expected to be stopped, which will continue to be good for enterprises that export more business to the United States, such as textiles and clothing, household appliances, toys, and so on.

General trend prospect

Most major assets of US stocks closed down, led by crude oil.

Overnight, the Dow Jones index closed down 129.81 points, or 0.42%, at 30967.45; the s & p 500 closed up 6.47 points, or 0.17%, at 3831.80; and the Nasdaq composite index closed up 194.39 points, or 1.75%, at 11322.24. ETF, a major asset class in US stocks, closed mostly lower on Tuesday, led by a decline of more than 7.5 per cent in the US Brent crude fund. The Nasdaq Golden Dragon China Index initially closed up 1.47% at 8174.08. The ADR index of Hong Kong stocks fell to close at 21686 on a pro rata basis, down 167.22 points or 0.77% from the close in Hong Kong.

Hot spot prospect

The dollar index continues to hit a 20-year high

The dollar index rose 1.1% on the day, hitting a 20-year high of 106.24.

Most companies deny that photovoltaic module factories have stopped production collectively.

According to China Business News, recently, the news of a large-scale shutdown of photovoltaic module factory has spread in the industry. It is rumored that a number of photovoltaic module plants will reduce or stop production in the days from the end of June to the beginning of July. In the reporter's verification, most of the head component companies denied the relevant rumors. Oriental Risheng Marketing Center executives said in an interview with reporters: "at present, the production schedule has not changed significantly, but if there is a loss on future orders, we do not rule out the possibility of overhauling and scheduling or even suspending production." On the whole, we have no such plans at present. " Another component factory insiders told reporters: "the second and third line of component factories may stop production, because there is no vertical integration capacity, their costs are very high, silicon prices will inevitably lead the industry reshuffle." "at present, we are still focused on the implementation of pre-orders, but if the upstream price continues to rise like this, we do not rule out the possibility that the production schedule will be adjusted in July, and the operating rate may be further reduced in the future." The component factory insiders said. The reporter noticed that the price of silicon was too high in the industry two years ago, while photovoltaic module manufacturers did not schedule and stop production on a large scale at that time. Related Hong Kong stocks include Xiexin Technology (03800) and New Special Energy (01799).

Director of the Shanghai Municipal Commission of economy and Information Technology: pay close attention to the purchase before the end of the year, with a maximum subsidy of 200000 yuan for a new car.

According to Shengguan News, when some citizens asked whether there would be a subsidy for the purchase of new energy vehicles next year, Wu Jincheng, director of the Shanghai Municipal Economic and Information Commission, explicitly suggested: "We can hurry to buy before the end of this year." At present, both the state and Shanghai have issued preferential policies for the purchase of new energy vehicles. For example, if the state reduces the purchase tax by 50% for passenger cars with engines of less than 300000 yuan and with an engine of 2.0L or less, SAIC and other enterprises will add on the basis of the national policy and give a maximum full subsidy to the other 50% of the purchase tax. Shanghai has also introduced preferential policies, such as 40,000 new license plates this year, which will greatly increase the bid-winning rate of individual consumers. In Shanghai, consumers who trade in old for new and replace pure electric vehicles will have a subsidy of 10,000 yuan per vehicle, and the blue license plate quota for the original fuel vehicles can be retained under the name of pure trams. Jiading District is even more powerful, with a subsidy of 10, 000 yuan for each new car under 150000 yuan, and 20, 000 yuan for more than 150000 yuan. In addition, Pudong and port-adjacent areas are also formulating corresponding support policies. "therefore, the next few months will be the best time to buy and change cars. Buy a new car of 200000 yuan, there will be 20, 000-50, 000 yuan subsidy gift bag, and the license application through the 'Netcom Office', the earliest 7 working days can be licensed. " Wu Jincheng said.

The bidding for wind power reached a record high in the first half of the year, and the inflection point of land wind turbine price has already appeared?

After the number of bids in the first quarter of 2022 reached a record high in a single quarter, the momentum of bidding in the second quarter continued unabated. According to the statistics of Voice of Wind Power, the bidding scale of wind power projects in the first half of the year is about 53GW, a record high. The price of land wind units which had been "falling endlessly" began to stabilize and improve in June. A staff member of the Securities Department of a wind power enterprise in Beijing told the Financial Associated Press that at present, the company is more optimistic about the bidding price of onshore turbines, and the company's gross profit space is expected to pick up. Related Hong Kong stocks include Xinjiang Goldwind Science & Technology (02208), China Longyuan Power Group Corporation (00916) and so on.

Individual stocks are sunny.

S&P Global Inc.: Fosun (00656) has the flexibility to replenish cash and has sufficient resources to manage debt maturity

S&P Global Inc. rating released a report a few days ago, saying that Fosun has enough resources to meet the debt that will mature in the next 6 to 12 months. By the end of 2021, the ratio of total debt to total capital had fallen to 53.8 per cent; the average cost of debt was 4.6 per cent, an all-time low. The bank believes that Fosun can use secured debt and bank loans to solve the maturity problem, and expects Fosun's offshore and onshore bank financing to increase this year, and its banking relationship is unlikely to be affected in the short term. In addition, Fosun has considerable global assets, and its diversified portfolio and the ability to balance investment and divestment can provide flexibility to replenish cash. On June 8th, the bank maintained the company's outlook as "stable" and confirmed its long-term issuer credit rating as "BB".

Are the two subsidiaries close to being removed from the U.S. Department of Commerce's "unverified list"? Wuxi Biologics (02269): Wuxi Company has completed the inspection, while Shanghai Company is still waiting for inspection.

In February this year, Wuxi Wuxi Biologics and Shanghai Wuxi Biologics, two subsidiaries of Wuxi Biologics (02269), were added to the "unverified list" by the US Department of Commerce. It is reported that Wuxi Biologics may be close to being removed from the list. On the afternoon of July 5, a relevant person from Wuxi Biologics told the Daily Economic News on Wechat that the inspection of Wuxi Company had just been completed and that everything was going well and that the Shanghai company was waiting for the inspection. It pointed out that the two companies are different legal entities and that one company should also be able to dissolve them separately.