Since the second quarter of this year, with the expected recovery of China’s economic fundamentals and the improvement of liquidity, global capital has gradually paid more attention to China’s assets, including A-shares.

Insiders pointed out that the investment value of A-share market has become more and more prominent, which is due to its remarkable valuation advantage, the steady improvement of economy and the in-depth development of capital market reform.

During the second quarter, China assets, especially Hong Kong stocks, showed a strong price trend, which attracted the attention of many investors. According to statistics, in April, 2024, the Shanghai Composite Index and Shenzhen Component Index achieved the third consecutive month of growth, with the growth rates of 2.09% and 1.98% respectively. The Hong Kong stock market is even more eye-catching, with the Hang Seng Index rising for several months in a row, including 4.01% in two trading days in early May. Nasdaq China Jinlong Index also maintained an upward trend, and some constituent stocks such as Alibaba and Baidu recorded significant appreciation during this period.

In terms of capital flow, the northbound capital movement under the interconnection mechanism has attracted attention. On April 26th, the net purchase in a single day reached a record high, and the accumulated net purchase in the past three months exceeded RMB 90 billion, showing the strong interest of overseas funds in the China market.

For this phenomenon, some brokers believe that although the rebound momentum of Hong Kong stocks and A-shares stems from the increase in liquidity, the sources of funds are different. Hong Kong stocks benefit from the global demand for safe haven of capital, while A shares are more positively influenced by domestic monetary policy expectations. At the same time, the potential benefits of real estate policies and the improvement of market liquidity have jointly promoted the recovery of Hong Kong stocks.

Besides the liquidity factor, the continuous improvement of China’s economic fundamentals is regarded as the core of China’s strong asset performance. The recent Politburo meeting emphasized that despite the challenges, China’s economy has made a good start, its growth momentum has been enhanced, and the pace of expected good and high-quality development is steady. Both the GDP data in the first quarter and the manufacturing PMI index show a moderate economic recovery, which is expected to maintain a rebound momentum in the future.

International institutions are also optimistic about China’s economy. The Asian Development Bank has raised its forecast for China’s economic growth in 2024, and many financial institutions such as Goldman Sachs and Morgan Stanley have successively raised their forecasts for China’s economic growth, reflecting their confidence in China’s economic development resilience and growth potential.

In this context, the interest of foreign institutions in China stock market is increasing, UBS Securities upgraded the rating of China stock market, and the data of international capital flow showed that China stock and bond markets ushered in net foreign investment. According to the analysis of CICC, the current valuation of A shares is relatively low. Combined with the promotion of capital market reform and improvement of fundamentals, the medium and long-term opportunities in the market outweigh the risks.

Generally speaking, with the unanimous optimism about the improvement of China’s economic fundamentals at home and abroad and the emergence of A-share valuation advantages, global capital is accelerating the layout of the China market, and it is expected that the market will continue to attract international investment in the future and gradually step out of the bottom area.

　　Xinhua News Agency, Beijing, March 5-Li Keqiang, Premier of the State Council of the People’s Republic of China said in his government work report on the 5th that this year is the year of government transition, and the economic and social development reported earlier in many fields and in all aspects needs unremitting efforts in the future. Here are some key points.

　　(1) Focus on expanding domestic demand. Give priority to restoring and expanding consumption. Increase the income of urban and rural residents through multiple channels. Stabilize bulk consumption and promote the recovery of life service consumption. Government investment and policy incentives should effectively promote the investment of the whole society. This year, it is planned to arrange 3.8 trillion yuan of special bonds for local governments, accelerate the implementation of major projects in the 14 th Five-Year Plan, implement urban renewal actions, promote regional advantages to complement each other and develop their strengths, encourage and attract more private capital to participate in the construction of major national projects and short-board projects, and stimulate the vitality of private investment.

　　(2) Accelerate the construction of a modern industrial system. Focusing on the key industrial chain of manufacturing industry, we will concentrate high-quality resources to jointly promote key core technology research. Strengthen domestic exploration and development of important energy and mineral resources and increase storage and production. Accelerate the digital transformation of traditional industries and small and medium-sized enterprises, and strive to improve the level of high-end, intelligent and green. Accelerate the research and development and application promotion of cutting-edge technologies. Improve the modern logistics system. Vigorously develop the digital economy, improve the level of normalization supervision, and support the development of platform economy.

　　(3) earnestly implement the "two unwavering". Deepen the reform of state-owned enterprises and improve the core competitiveness of state-owned enterprises. Adhere to the direction of classification reform, handle the relationship between economic responsibility and social responsibility of state-owned enterprises, and improve the modern corporate governance of state-owned enterprises with China characteristics. Protect the property rights of private enterprises and the rights and interests of entrepreneurs according to law, encourage and support the development of private economy and private enterprises, support the development of small and medium-sized enterprises and individual industrial and commercial households, and build pro-Qing political and business relations.

　　(4) make greater efforts to attract and utilize foreign capital. Expand market access and increase the opening up of modern service industry. Implement the national treatment of foreign-funded enterprises. Actively promote the accession to high-standard economic and trade agreements such as the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP), and take the initiative to expand institutional opening in comparison with relevant rules, regulations, management and standards. Continue to play the supporting role of import and export in the economy. Do a good job in the service of foreign-funded enterprises and promote the construction of foreign-funded landmark projects.

　　(5) Effectively prevent and resolve major economic and financial risks. Deepen the reform of the financial system, improve financial supervision, compact the responsibilities of all parties, and prevent the formation of regional and systemic financial risks. Effectively prevent and resolve the risks of high-quality head housing enterprises, improve the balance sheet, prevent disorderly expansion, and promote the steady development of the real estate industry. Prevent and resolve local government debt risks, optimize the debt maturity structure, reduce the interest burden, curb the increase and resolve the stock.

　　(6) Stabilizing grain production and promoting rural revitalization. Stabilize the sown area of grain, do a good job in oil production, and implement a new round of 100 billion Jin of grain production capacity improvement action. Improve the coping mechanism of ensuring supply and stabilizing prices of agricultural materials. Strengthen the construction of infrastructure such as farmland water conservancy and high-standard farmland. In-depth implementation of seed industry revitalization action. Strengthen agricultural science and technology and equipment support. Develop rural characteristic industries and broaden the channels for farmers to increase their income and become rich. Consolidate and expand the achievements of poverty alleviation and resolutely prevent large-scale return to poverty.

　　(7) Promote the green transformation of development mode. Further promote the prevention and control of environmental pollution. We will strengthen the construction of urban and rural environmental infrastructure and continue to implement major projects for the protection and restoration of important ecosystems. Promote clean and efficient utilization of coal and technology research and development, and accelerate the construction of a new energy system. We will improve policies to support green development, develop circular economy, promote resource conservation and intensive utilization, promote energy conservation and carbon reduction in key areas, and continue to fight the battle for blue sky, clear water and pure land.

　　(eight) to protect the basic livelihood and develop social undertakings. Strengthen the construction of housing security system, support the rigid and improved housing demand, and solve the housing problems of new citizens and young people. Promote the balanced development of compulsory education and the integration of urban and rural areas, vigorously develop vocational education, and promote the innovation of higher education. Promote the expansion and sinking of high-quality medical resources and the balanced regional layout. Strengthen the security of old-age care services and improve the policy system of birth support. Safeguard the legitimate rights and interests of women, children, the elderly and the disabled. Do a good job in preferential treatment and pension for military families, retired soldiers and other entitled groups. Prosperity and development of cultural undertakings and industries. Improve the efficiency of social governance. Strengthen production safety supervision and disaster prevention and mitigation. Comprehensively implement the overall national security concept and build a higher level of peaceful China.

The style has a strong sense of the future. The design of the front of the new car is equipped with a middle net, which obviously enhances the sense of movement. The design of the headlights on both sides is quite atmospheric, and the headlights on both sides look very energetic after being lit. From the side shape, the new car is still full of dynamic style, the tradition of wide C-pillar can be continued, the rim shape is cool, and the visual effect is acceptable. At the same time, the reasonable proportion of luggage compartment cover and enclosure also endows the tail line with a more particular visual center of gravity, and the taillight shape is also unique, especially the brake light, which echoes the front daytime light.

Compared with the appearance, the two-color double-fight interior of the vehicle is the soul of the brand-new model. The three-spoke flat-bottomed steering wheel is full of movement and equipped with shift paddles, which is very practical. The central control area is made of plastic and leather, and the materials and workmanship seem to be quite satisfactory. The 8.0-inch large-screen central control, screen design is simple, but fully functional. The front row is also equipped with a manual air conditioning control system, which can freely debug the most comfortable space atmosphere. At the same time, the new car also provides leather seats, which can bring certain comfort.

Tuyue has a car length of 4355mm, a car body width of 1762mm and a wheelbase of 2651mm, which is quite satisfactory. In the same class, Tuyue’s wheelbase ranks 98th. This size exceeds most models in its class. The actual interior space performance is also very good. From the actual ride experience, the front and rear rows are relatively spacious. The design of skylight also increases the subjective space feeling of front and rear passengers. Among the models of the same price and class, Tuyue’s trunk volume ranks 57th. The storage space in the car is quite satisfactory and basically sufficient. The interior space of the luggage compartment is relatively regular, with very good longitudinal depth and high expansibility, and the space performance is generally ideal.

Tuyue Xinrui 300TSI Sharp Edition uses a 1.5 engine with a maximum horsepower of 160 and a peak torque of 250, which matches the dry dual clutch (DCT) gearbox. It will definitely bring unforgettable control charm. Ranked 29 th among 120,000-180,000 SUV models.

Tuyue’s active/passive safety configuration is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In order to get a more comprehensive and objective understanding of Tuyue, you can go to the Easy Car Tuyue Forum and browse the messages of users who have bought the car in history.

　　The Meteorological Observatory of Xianning City, Hubei Province issued a high-temperature red warning signal at 07: 37 on August 7, 2022: It is estimated that the highest temperature in most areas of Xianning will rise to 39 ~ 41℃ during the day, so please take precautions!

　　The Meteorological Observatory of Shiyan City, Hubei Province released the high temperature red warning signal at 07: 09 on August 7, 2022: It is estimated that the highest temperature in most areas of Shiyan will rise to 39 ~ 41℃ during the day, so please take precautions!

　　The Meteorological Observatory of Xiangyang City, Hubei Province issued a high-temperature red warning signal at 06: 57 on August 7, 2022: It is estimated that the highest temperature in some towns and villages in Xiangyang City, Xiangzhou, Nanzhang, Baokang, Gucheng and Laohekou will rise to 39 ~ 41℃ during the day, so please take precautions!

　　In addition, Hubei Wuhan, Xiantao, Huanggang, Yichang, Tianmen, Jingzhou and other places have also issued high-temperature orange warning signals this morning.

　　According to the monitoring data of Hubei Meteorological Bureau, as of 5 pm yesterday, 32 counties and cities in Hubei were above 37℃. The highest temperature is in Shiyan Zhushan, 41.8℃! Once again hit a recent high temperature.

　　It is estimated that in the next three days, most of Hubei will continue to have sunny, hot and high temperature weather, with local high temperature above 40℃ and southerly wind increasing. It is estimated that the somatosensory temperature can reach 39~44℃! (Reporter Yan Yan from the General Desk)