Pre-market report for A-shares | US government suspends military assistance to Ukraine, Trump's tariff shocks US stock market
The US government has temporarily suspended military aid to Ukraine and stopped providing funding for the sale of new weapons to Ukraine.
Pre-market news
1. The U.S. government suspends military aid to Ukraine, halting funding for the sale of new weapons to Ukraine
Type: Macro
Emotional impact: Neutral
On March 3rd local time, U.S. officials stated that the Trump administration has halted funding for the sale of new weapons to Ukraine and is considering freezing weapons shipments from U.S. inventory. According to Bloomberg, the U.S. government has suspended military aid to Ukraine.
2. Trump's tariffs hit the market hard! U.S. three major indices fall, large tech stocks, and Chinese stocks all decline
Type: Market
Emotional impact: Negative
Trump announced on Tuesday that he will impose a 25% tariff on Mexican and Canadian goods, leading to concerns about a North American trade war and causing financial market volatility. The major U.S. stock indices fell sharply, with large tech stocks falling, NVIDIA dropping over 8%, Broadcom dropping over 6%, and the Nasdaq Golden Dragon Index falling by 2.98%.
3. Shenzhen releases four heavyweight documents: focusing on the artificial intelligence industry, Siasun Robot & Automation technology
Type: Industry
Emotional impact: Positive
Shenzhen released four heavyweight documents. By 2026, it plans to cultivate the artificial intelligence terminal industry with a scale of over 800 billion yuan, striving for 1 trillion; by 2027, it aims to make breakthroughs in core technologies of Siasun Robot & Automation, add billion-dollar enterprises and billion-level applications; build mechanisms for discovering and nurturing gazelle companies and unicorn companies; by 2026, real-time intelligent computing power surpasses 80E FLOPS.
4. Hong Kong stocks see the largest financing in nearly four years, BYD COMPANY raises 43.5 billion Hong Kong dollars through a rights issue
Type: Company
Emotional impact: Positive
BYD COMPANY announced on the Hong Kong Stock Exchange that it has successfully completed a large-scale rights issue with total proceeds of up to 43.5 billion Hong Kong dollars, making it the largest financing activity in the Hong Kong stock market in nearly four years. BYD Company Limited plans to use the newly raised funds for various key areas, including expanding overseas business, investing in research and development, supplementing operating funds, and general corporate purposes.
Investment Calendar
The 3rd Session of the 14th National Committee of the Chinese People's Political Consultative Conference is held
Investment Tips
Investment Tips: To obtain a large amount of wealth, one needs great courage and carefulness. Once you have a lot of wealth, you need ten times the wisdom to keep it.
"Intelligent Investor" by Benjamin Graham
Editor's View
Editor's View: The market rose yesterday but then fell back, the new energy sector was active against the trend, and previous hot sectors like computing power adjusted; China Galaxy recommends focusing on technology innovation, centralized state-owned enterprises, and other main lines.
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