In the current wave of economic development, different fields present diverse development trends. The Yangtze River Delta region has been continuously deepening its coordinated development. Zhengzhou City has been actively exploring new paths for consumption. The financial consumption sector is also facing new challenges and reflections. Under the influence of various factors, the A-share market has shown A unique trend, while the new share market remains hot. These economic phenomena are intertwined, jointly forming a rich economic picture.
The integrated development of the Yangtze River Delta has achieved remarkable results. In 2024, its GDP exceeded 33 trillion yuan, and in the first quarter of this year, its GDP surpassed 8 trillion yuan, accounting for more than 25% of the national total. In terms of transportation construction, the “Yangtze River Delta on Rails” has been continuously advanced. The operating mileage of railways has exceeded 15,000 kilometers, and the proportion of high-speed rail mileage has exceeded half. It has moved from “interconnection and intercommunication” to “fast connection and fast passage”, promoting the deep integration of resources. The integration of scientific and technological innovation and industrial innovation is accelerating. Shanghai Zhangjiang and Anhui Hefei are creating together. The National Technology Innovation Center in the Yangtze River Delta has incubated numerous achievements. The output value of 26 national advanced manufacturing clusters has continued to rise. The signing of a series of cooperation agreements has promoted the coordinated development of the Yangtze River Delta in multiple fields and effectively transformed the region’s “soft power” into a “hard support” for development.
Zhengzhou City has boldly innovated in the field of consumption. From June 7th to 13th, the “Zhenghao Ban” platform of Zhengzhou City, in collaboration with Ganchang Jewelry, launched a special consumption subsidy activity for gold and jewelry, for the first time including the consumption of precious metals in the scope of trade-in. The event site was extremely popular. Within just three hours of its launch, the number of participants exceeded 12,000. The “401 Free” subsidy policy and the 15% special subsidy have significantly reduced the cost of replacing gold for consumers. Against the backdrop of the “extreme contrast” in China’s gold consumption market, they have provided new ideas for revitalizing existing gold assets and promoting the transformation of consumption patterns.
In the field of financial consumption, a fund investment dispute case involving elderly investors has drawn widespread attention. An 80-year-old man, Zhao, spent 1.05 million yuan to purchase funds through the Sinopec Building Branch of Ping An Bank in Guangzhou. Two years later, he suffered a loss of nearly 300,000 yuan and took the bank to court. The first instance court ruled that the bank should bear 70% of the responsibility. The second instance court, based on the principle of “the buyer bears the risk and the seller is responsible”, determined that the investor should bear all the losses on his own. This case has exposed many problems in the sale of financial products, such as the determination of banks’ obligation to inform risks and the regulation of sales to the elderly. It reminds all parties that while promoting economic development, they should pay attention to protecting consumers’ rights and interests.
In the capital market, the A-share market also attracts much attention. Last week, the sentiment in the A-share market picked up due to factors such as rising risk appetite. Major broad-based indices generally rose, with the chinext Index increasing by 2.32% for the entire week. Looking ahead, based on comprehensive institutional analysis, the A-share market is still in A window period for recovery in June. As external disturbance factors ease and internal policies to stabilize growth are continuously implemented, market risk appetite is expected to continue to recover. However, sector rotation is relatively fast, and investors need to seize structural opportunities.
Recently, the “profit-making effect” of the new share market has also been significant. This week, Youyou Green Energy, the second-highest priced stock of the year, officially listed on the Growth Enterprise Market. On the first day, it rose by 68.64%, with a single signing profit of approximately 31,000 yuan. Institutions suggest that the secondary trading willingness of new stocks has slightly recovered recently. Although the bullish force and the risk-averse sentiment are intertwined, the sector as a whole shows a volatile and seesaw trend. However, the local active directions are concentrated on the relatively high safety margin of low-priced new stocks and secondary new targets.
According to the current arrangement, there will be two new stocks available for subscription next week, bringing new investment opportunities to the market. Huazhijie, which is scheduled to apply for purchase next Tuesday (June 10th), focuses on the field of intelligent control and is an important supplier of key functional components for power tools. The company has established subsidiaries in countries such as Vietnam, Mexico and the United States, expanding its international production and sales network. It has become a partner of well-known enterprises such as Black & Decker Group and TTI Group. The prospectus shows that the company is expected to achieve a net profit of 85 million to 89 million yuan in the first half of 2025, representing a year-on-year increase of 13.92% to 19.28%.
Xinhenghui, which is scheduled to apply for purchase next Wednesday (June 11th), has drawn even more attention. As one of the world’s top three flexible lead frame manufacturers with stable and large-scale supply capabilities, it masters core technologies such as high-precision metal surface pattern engraving, and its global market share exceeds 30%. In the field of smart card business, the company has established long-term cooperative relationships with many well-known security chip design manufacturers such as Tsinghua Unigroup Microelectronics and China Electronics Huada, as well as domestic and foreign smart card manufacturers. Its products are widely used in multiple smart card fields such as communication and finance.
From regional coordinated development, innovation in consumption patterns, to the regulation of financial markets, and then to the opportunities in the new share market, the dynamics in different economic fields jointly outline the overall picture of current economic development. Whether investors are concerned about the rise of regional economies, the potential of the consumer market, or the opportunities in the capital market, they can all find directions and opportunities worth in-depth exploration among these diverse economic phenomena.
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