1. Ministry of Finance: Speed up the establishment and implementation of the childcare subsidy system
On June 10, Ge Zhihao, head of the Social Security Department of the Ministry of Finance, said at a press conference of the State Information Office that in terms of "one elderly and one young" services, the Ministry of Finance actively cooperates with relevant departments to improve the elderly care service system, promote community-supported home-based elderly care services, strengthen care services for disabled elderly people, promote high-quality development of universal childcare services, and speed up the establishment and implementation of the childcare subsidy system. The relevant work is being accelerated to ensure that the people’s service needs for “one old and one young” are better met.
2, China's asset revaluation is in progress, global smart funds "look eastward"
From quantitative private equity to frequently welcome foreign capital due diversion to sovereign funds rushing to the layout of sovereign funds, overseas "smart money" have turned their attention to the Chinese market and used real money and silver to bullish Chinese assets. Recently, international investment banks such as Morgan Stanley and Deutsche Bank have raised their expectations for China's economic growth.
3, Rare earths are in a hurry, and the Indian automobile industry urges the government to contact China
Industry insiders revealed that many Indian suppliers have applied for rare earth exports from relevant Chinese departments through their partners in China, but have not obtained any licenses so far.
4, From making 10 billion to losing more than 7 billion, Hillhouse reluctantly reduced its holdings in the photovoltaic leader!
Longi Green Energy, a 100 billion-dollar giant that has encountered difficulties in the in-depth adjustment of the photovoltaic industry, has ushered in another announcement of reducing holdings from important shareholders. On the evening of June 6, Longi Green Energy issued an announcement stating that HHLR Management Co., Ltd., a subsidiary of Hillhouse Capital, plans to reduce its holdings by no more than 37.89 million shares.
5, Li Bei from Banxia Investment: I missed the small and micro market, missed new consumption, technology and innovative drugs
Yesterday, Li Bei, the head of Banxia Investment and a well-known private equity fund manager, posted a post on the WeChat public account, in response to the investors' questions "what I missed or what I did wrong", she said that she missed the small and micro market, missed new consumption, technology and innovative drugs, so the increase in equity is relatively mediocre.
6, Platinum and silver snatched the limelight of gold
UBS pointed out that the strong performance of platinum and silver stems from five common factors: the market supply gap is expected to fundamentally support the price; the value attractiveness of relative gold appears behind the previous performance; investors' positions are relatively light; the technology breaks through key resistance levels; and the thin liquidity compared to the gold market, making price fluctuations more likely to be amplified.
7, REITs are 200 billion, bond ETFs are 300 billion
Last week, the scale of REITs in the country exceeded 200 billion. Another thing is that the scale of bond ETFs exceeds 300 billion. Referring to mature market experience, there are four types of assets under low interest rates, which may not always make money, but there is a certain probability that it can be expanded: the first type, local high-interest assets, mainly high-interest stocks and REITs. The second category is overseas assets, mainly US stocks, US bonds, and markets that are still growing (India, etc.). The third category is alternative assets, to be precise, are assets with relatively low correlation with local stocks and bonds, including gold, hedging strategies, derivatives, etc. The fourth category is bonds and cash.
8. How much impact is the "Trump Account" for each newborn?
U.S. President Trump announced on Monday that he would set up a "Trump Account" of $1,000 for every child born in the United States and has a social security number between January 1, 2025 and January 1, 2029.
9, it soared by more than 11 times in more than a year! Pop Mart creates the "new richest man"
Forbes real-time richest man list shows that at present, the Wang Ning family, founder of Pop Mart (09992.HK), ranks 101st on the global rich man list with a net worth of US$20.8 billion. This wealth has surpassed the Qin Yinglin (002714.SZ), founder of Muyuan Shares (002714.SZ), and officially becomes the new richest man in Henan.
10, is there a "bubble"? The main line of innovative drugs is soaring, and some are clearing their positions
The market for innovative drugs is booming this year. The innovative drug theme funds that have been pulling back for four years have recovered significantly, and most of the leading high-performance funds have invested heavily in innovative drugs. At the same time, recent discussions on the "bubble" of the innovative drug sector have attracted widespread attention. Among the public and private equity fund managers interviewed by reporters, some have reduced their holdings or cleared up innovative drugs. It is worth mentioning that the Hong Kong stock innovative drug ETF has also seen continuous large redemptions recently.
