In April, the CPI of 16 provinces rose by more than 30%, ranking first in Anhui fruit price increase.

  Zhongxin Jingwei Client May 23rd (Zhang Yunan) CPI data of 31 provinces in April 2019 have been released one after another, and hot topics such as "Garlic You Bite", "Cherry Freedom" and "Toona sinensis Freedom" have recently returned to the public’s field of vision. Under the strong siege of vegetable prices and fruit prices, what are the CPI performances of the provinces?

  CPI in 16 provinces rose more than the whole country.

  In April 2019, the national consumer price rose by 2.5% year-on-year, continuing to be in the "2 era". In food, the price of fresh vegetables is still at a high level, rising by 17.4% year-on-year, affecting the CPI increase by about 0.43%; Pork prices rose by 14.4%, an increase of 9.3% over the previous month, which affected the CPI increase by about 0.31%. Last autumn, the fruit harvest in the north was poor, and this year’s stock was insufficient. The price of fresh fruit rose by 11.9%, which affected the CPI increase by about 0.22%.

  From the perspective of 31 provinces in China, according to the incomplete statistics of Sino-Singapore Jingwei client, the CPI of 16 provinces rose more than the whole country in April, with the highest increase in Tianjin, Hebei and Anhui, reaching 2.9%; Hunan and the national CPI rose flat, up 2.5% year-on-year; The increase in Beijing and Xinjiang was small, at 1.6%.

  Don’t look at the classification, there are 13 provinces with a year-on-year increase in fresh fruits over the whole country, and Anhui has an increase of 30.9%, the largest increase; Only the fresh fruit in Ningxia rose by more than 20%, which was 20.4%; There are 18 provinces with an increase of over 10%, with a large number; Qinghai rose by 1.9%, with a small range.

  In addition, there are 10 provinces where the year-on-year increase of fresh vegetables exceeds the national level; Chongqing and the national fresh vegetables rose at the same level, at 17.4%; There are three provinces with an increase of less than 10%.

  On pork, from the provinces that have announced the increase, Anhui has the largest increase, reaching 24.7%; Followed by Sichuan, up 23.4%; The lowest is Guizhou, up 7.6%.

  Is it really so difficult to achieve "fruit freedom"?

  Following "Toona sinensis Freedom", "Garlic You Are Malicious" and "Cherry Freedom", "Fruit Freedom" has also been screened on the Internet recently, which has aroused heated discussions. In fact, after the Spring Festival, the news about the price increase of fruits is endless. It is even reported that the fruit price in Beijing Xinfadi wholesale market has generally increased by 78% compared with the same period of last year.

  The Zhongxin Jingwei client combed the website data of the Ministry of Agriculture and Rural Affairs and found that the price of Fuji apple has been rising for 9 weeks in a row among the five fruits it focuses on monitoring. As of mid-May, the price of Fuji apple was 10.33 yuan/kg, up 60.7% year-on-year. In addition, the price of watermelon has been on the rise year-on-year. As of mid-May, the price of watermelon was 4.86 yuan/kg, up 29.7% year-on-year.

  It is worth noting that the retail price of fruit is also "rising". According to the data of Hunan Provincial Department of Commerce, from May 15th to 21st, the number of seasonal fruits on the market decreased, the purchase price of producing areas increased, and the average retail price of fruits increased. The retail prices of six kinds of fruits monitored mainly increased by 3 and decreased by 3, and the overall average retail price increased by 0.28% from the previous month. Among them, the prices of grapes, apples and pears rose by 1.01%, 0.52% and 0.2% respectively.

  According to the data of Zhejiang Provincial Department of Commerce, from May 6 to 12, the purchase and sale of the market dropped in the week after May 1, and the overall price rose slightly, with the price of fruits and eggs rising at the top. The wholesale market price of fruit rose by 1.7%, and the supermarket price rose by 3.7%. At present, there are many kinds of fruits in the market. The average price of cherries, loquats, cantaloupes and watermelons in other producing areas has increased due to the stacking of transportation costs in other places, low early adopters and high prices.

  Is "fruit freedom" really hard to achieve? In response, Liu Aihua, spokesperson of the National Bureau of Statistics, responded on May 15th that the prices of fresh vegetables and fresh fruits are obviously affected by seasonal factors of extreme weather, and these seasonal short-term shocks are not sustainable, so the price increase of fresh vegetables and fresh fruits will not last at a high level.

  Haitong futures also analyzed that the recent increase in fruit prices was attributed to the severe weather in the north and south fruit producing areas in 2018-2019. Therefore, in the gap period of the current fruit market, the summer melon fruits with large output have not been listed yet, the fruit stocks in the north have basically bottomed out last year, and the tropical fruits in the south are expected to reduce production. Under the influence of multiple factors, the fruit market price has been rising.

  As for the worry that the "cherry freedom" of the screen is difficult to achieve and the ordinary "fruit freedom" is lost, some institutions think it is unnecessary anxiety. The price of fruit is determined by market supply and demand, and the price increase is a short-term phenomenon. With the adjustment of the market, the tide of fruit price increase may end.

  Haitong futures said that in the short term, after June, summer fruits will be listed in large quantities. Although the production of litchi, longan and mango in the southern tropical fruit producing areas is expected to decrease, the output of mainstream fruits such as watermelon, cantaloupe and peach is expected to maintain the normal level in previous years, while the output of bananas and oranges is expected to increase slightly. Therefore, the overall supply of summer fruits is sufficient, and "fruit freedom" can still be expected.

  CITIC Jiantou also analyzed that from the historical market, after experiencing a short-term price increase in the second quarter, fruit will gradually fall back and remain in a relatively stable range. This is mainly due to the production pressure caused by the interference of weather factors. After the price increase in the second quarter, it will be released, and the listing of new fruits in the later period will further stabilize the price. Therefore, fruit prices do not have the conditions for a sharp rise, but there will be a wave of rising prices in the short term.

  Regarding the trend of CPI in the second quarter, Liu Aihua pointed out that there will be no sharp increase in CPI in the future, regardless of food, industrial consumer goods and services, and there is a solid foundation for stable prices. Everbright Securities believes that the year-on-year increase of CPI is expected to reach a high of 2.6% to 2.7% in the second quarter and this year, respectively, and the annual center may be 2.3%, the highest level in the past five years. (Zhongxin Jingwei APP)

Donghua Software: Donghua Software National Sub-center will be the second headquarters of Donghua Software to build Donghua Yundu Intelligent Computing Center.

K diagram 002065_0

  Every time I get the AI news, some investors ask questions on the investor interaction platform: On February 21st, I said on the investor interaction platform that the Qingdao Donghua Sub-center Industrial Park has been completed at present. Please pay attention to the company’s official website, WeChat WeChat official account and other platforms in time for the specific production time. Excuse me, what new projects do the Qingdao Donghua Sub-center built by the company in three years give investors a return?

  (002065. SZ) On February 26th, it was indicated on the investor interaction platform that the National Sub-center will be the second headquarters of the company, and the Donghua Yundu Intelligent Computing Center will be built to promote the coordinated development of the industrial chain by attracting its own subsidiaries, shareholding enterprises and upstream and downstream enterprises.

Expo Video | Zhoucun Ancient Mall: Come to "Lantern Festival" in the first month

In the first month, "Lantern Festival" came, and the excitement of Zhoucun Ancient Mall lies in "thousands of lights are shining, seven flowers are blooming", in "a song is like the sea, and thousands of lights are like the night", and more importantly, in "300 wives dancing in sleeves, singing words in the sky for a moment" … enjoy the flower lights, listen to ditty, play and taste delicious food. At this moment, Zhoucun Ancient Mall

Chen Yibing and his wife, Olympic champions of "Children’s Great Health", made their debut and were pinched by their mothers when they were young.

The 11th issue of "Children’s Great Health", the first nationwide variety of children’s lifestyle health assessment named by Jin Lingguan, will be broadcast on Zhejiang Satellite TV at 17:00 on Sunday, July 29th. Chen Yibing, the Olympic champion, and his wife, Dan Jingti, appeared, revealing that their mother had pinched their noses when they were young. The reason is that pinching their noses can make their noses stiff. Is it true or not that pinching your baby’s nose can stand the bridge of your nose? Liu Jia, Deputy Chief Physician of Acupuncture Department of Guang ‘anmen Hospital, Chinese Academy of Traditional Chinese Medicine, will give an on-the-spot explanation and lead everyone to learn the beautiful baby development plan.

Beautiful cute babies are loved by everyone. With the improvement of living standards, parents not only attach great importance to their children’s nutrition and health, but also break their hearts about their baby’s "face value". Many parents have also tried some tips circulating in life, such as pinching the nose can make it stiff, shaving the eyebrows can make the eyebrows thicker, and smoothing the baby’s ears to make it more rounded. Chen Yibing broke the news at the scene, and when he was a child, his mother pinched his nose. Chen Huan humorously teased, "So it’s very good now.". Chen Yibing’s wife, Dan Jingti, said: "I don’t think it’s much help, because my mother pinched it for me when I was a child, but it didn’t help." Chen Yibing and his wife were both pinched by their mothers when they were young, but the effect seemed to be different, so they didn’t pinch their daughters’ noses. Many guests present said that they were pinched by their parents when they were young, so they would pinch their babies’ noses.

However, is this "ancestral" tip of the nose useful? Dr. Liu Jia answered questions from many parents on the spot: "Pinching the nose will not have an essential impact on the child’s bone structure. On the contrary, because children’s nasal mucosa is delicate and rich in blood vessels, if they pinch their noses too hard, they will damage their nasal mucosa and blood vessels, so this practice is not recommended. " Dr. Liu Jia also explained the "danger triangle" of human face: the nose is full of rich blood vessels, which communicate with the skull. Once congestion and infection are caused in these places, these bacteria can easily reach our skull and cause some serious diseases. Therefore, Dr. Liu Jia suggested that parents should try not to pinch their children’s noses. In this program, Liu Jia, a doctor, and Liu Suiqian, a nutritionist, will introduce how to cultivate beautiful babies through nutritional supplements and medical tips. Pay attention to small details and achieve great health! Please pay attention to this Sunday at 17: 00, Zhejiang Satellite TV Golden Collar "Children’s Great Health"!

On the ninth day of the first month, Huangguadao, Daitou Town, Putian, shakes and paddles wine to have a Lantern Festival.

the beginning of september
Huangguadao, Daitou Town, Xiuyu District
Shake the oars and make the Lantern Festival.
9:30-11:30
In Tadashi Zhongyang Mansion
Hold a cultural activity of "Riverside Rowing"
Congratulations to the bride and groom.
Have a baby early, grow old together, and care for each other
14:00-15:30
In Tadashi Zhongyang Mansion
Hold a folk activity of "street wine"
"Line" means that the ship sails smoothly at sea.
"Tao" means safe entry and exit on the landing road.
Young men and women compete for "wine"
Looking forward to a "safe and smooth" new year.
six o’clock pm
Hold a "seeing the bride" to welcome the new year.
Just married in the past year
"seeing the bride" at the groom’s home
The bride and groom stood in the hall dressed up to receive guests.
Accept the greetings and blessings from the guests who came.
▲ Photography/Zou Beixuan
▲ Photography/Hui Bing Wu
▲ Photography/Hui Bing Wu
▲ Photo courtesy/Cucumber Village Committee
Due to continuous optimization of activities
The specific time of the day is subject to the actual situation.
Reporting/feedback

Zigong, Sichuan: Delicious reunion dinner in the grass-roots fire station.

Zhang Zhe (left) and Zeng Biao are wrapping jiaozi in the canteen to prepare the reunion dinner. Photo by Liu Zhongjun
Zigong, Sichuan: Delicious reunion dinner in the grass-roots fire station.
Zigong, Zhongxin. com, February 9 (Liu Zhongjun, Liu Jun) On February 9, the fire rescue station in Zhongyongshan Road, Zigong City, Sichuan Province welcomed two special "guests", who brought apples, beef and preserved eggs from their hometowns to firefighters, which filled the nervous fire station with a strong "year’s taste".
Zhang Zhe (second from left) and Li Chunyan (second from right) came to the fire station where her husband was working together to celebrate the New Year, and brought gifts to the firefighters in the fire station. Photo by Liu Zhongjun
It is understood that 30-year-old Zhang Zhe, one of the special "guests", is the wife of Zeng Biao, the instructor of Zhongyongshan Road Fire Rescue Station. She used to work in Liangshan Fire Rescue Detachment. For the sake of her family, Zhang Zhe voluntarily gave up her administrative promotion and was transferred to the high-tech zone brigade of Zigong Fire Rescue Detachment for technical work under the care of "Reunion Plan". "My husband and I are both firefighters, and we can better understand and understand each other’s difficulties, especially during the Spring Festival. It is a test and pass for us to have a holiday." Zhang Zhe said that because her husband was on duty in ziliujing district during the Spring Festival, and she had to carry out supervision and inspection and fire prevention publicity in her jurisdiction, although there was only a Fuxi River between the two jurisdictions, it was only after the festival that she would meet.
Mou Chenxu instructs his wife Li Chunyan to pack jiaozi. Photo by Liu Zhongjun
Another 28-year-old special "guest" is Li Chunyan, a police officer in Yibin, and her husband is a second-class firefighter Mou Chenxu of the fire station. They have been married for more than a year. Because of the separation between the two places, they are also separated from each other. This is the first time that the couple spend the New Year together on the eve of the Spring Festival. "I just want to come and see him two days before the festival and give a hand to the elderly at home. Everyone is busy and used to it in the New Year. I have to go back to the Spring Festival security mission. Today, let’s be together in advance." I can’t get together with my husband during the Spring Festival, but Zhang Zhe and Li Chunyan always have warm smiles on their faces.
Zeng Biao, Zhang Zhe, Li Chunyan and Mou Chenxu sent New Year greetings to everyone. Photo by Liu Zhongjun
"Sister, they are going to eat jiaozi in two days." "Ok, together?" "You can’t eat theirs for free, lest you gossip." "How about bringing some local specialties to everyone?" "Ok, that’s settled." Li Chunyan revealed that after a simple communication with Zhang Zhe through WeChat, the two started their own preparations, so the opening scene appeared. Zhang Zhe said frankly that from love to marriage to now, due to the particularity of their respective jobs, the two have never spent the Spring Festival and had dinner together, which is the first time. "In the past, I had to run more than 1,100 kilometers back and forth. Now I am fine. Thanks to the concern of the organization, we all have to work harder to protect Zigong."
Zhang Zhe (third from left) and Li Chunyan (second from left) in the canteen of the fire station pack jiaozi with the firemen to prepare the reunion dinner. Photo by Liu Zhongjun
When Zhang Zhe and Li Chunyan arrived at the fire station, they arranged for everyone to hang red lanterns, put up window grilles and Spring Festival couplets, and the fire station was quickly filled with a strong "flavor of the year". Later, Zhang Zhe and Li Chunyan called their husbands and organized off-duty firefighters to pack jiaozi for the reunion dinner. Laughter and laughter rang out from time to time in the canteen. After two hours of intense preparation, plates of jiaozi were wrapped and put into the pot. When dinner time comes, everyone sits around and wishes each other, eats jiaozi and feels the delicious reunion dinner in the fire station.
Wu Shilin, instructor of the fire rescue brigade, said that there are 24 firefighters in the fire rescue station of Zhongyongshan Road, and 17 of them are from other places. Due to the particularity of fire rescue work, no matter whether the new players or the old players go home for the New Year during the Spring Festival, they all stick to the front line of fire rescue. (End)
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Sports Lottery | Take part in buying one ticket and ten bets to win the lucky nine squares.

In the new spring of sports lottery, Longteng is lucky. Starting from 9: 00 on January 29th, we will buy the 24016 and 24017 lotto games by one ticket and ten bets, and look for three identical patterns (horizontal line, vertical line and diagonal line) in the long ticket Jiugongge game area, which can include mobile phone, tablet computer, sports suit (backpack, thermos cup and badminton racket), vitality value of "Twilight Club" and 10 yuan Lotto experience coupons.
After the winning information is displayed in the long ticket game area, you can enter the activity page through the China Sports Lottery App or applet before 0: 00 on February 27, 2024, and scan the QR code at the bottom of the ticket to receive the activity prize.
The QR code of the lottery experience coupon will be distributed to the winner’s account through China Sports Lottery App, and the deadline for use is before 0: 00 on March 1, 2024. Multi-term tickets are only purchased in the first phase to participate in the "Lucky Jiugongge" lottery marketing activities in this new spring. The number of prizes is limited while stocks last.
The scope of this activity is all sports lottery sales outlets in the administrative area of Shanghai, and the final interpretation right belongs to Shanghai Sports Lottery Management Center.
Author:
Text: Shanghai Sports Lottery Map: Shanghai Sports Lottery Editor: Gu Miao Editor: Shen Lei
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Sail hard and keep moving forward ——2023 JIAOZHOU athletes’ good news is frequently reported and fruitful.

Peninsula all-media reporter liujing correspondent Zangbo

Recently, Peninsula reporter learned from jiaozhou city Sports School that with the leadership and support of jiaozhou city Education and Sports Bureau, JIAOZHOU Sports School achieved excellent results in 2023, and JIAOZHOU athletes transported by the sports school achieved fruitful results in various competitions.

In 2023, with the correct leadership and strong support of jiaozhou city Education and Sports Bureau, jiaozhou city Sports School achieved excellent results. Athletes from Jiaozhou won 3 world champions, 2 Asian champions and 13 national champions in all competitions. Among them, Yin Mengdie won the women’s 500m four-person boat race in Hungary, the first stop of ICF Canoeing Still Water World Cup, and won the women’s 500m double and 500m four-person Asian Games in Hangzhou Asian Games in 2023, which achieved a breakthrough in the gold medal of the Asian Games in Jiaozhou history. Zhang Kai won the Taekwondo-80kg class in the 2023 Chengdu Universiade, which achieved a breakthrough in the gold medal of the Universiade in Jiaozhou history. Zhuang Wenna won the women’s -48kg class at the 2023 Judo European Open in Poland; At the first National Student (Youth) Games in 2023, JIAOZHOU athletes won 2 gold medals and 5 bronze medals, among which Wang Jiayang won the men’s basketball U16 championship and was selected for the national junior training team, and Shan Erfei won the men’s football championship.

It is reported that jiaozhou city Sports School was awarded the "National High-level Sports Reserve Talent Base" by the State Sports General Administration in 2008, 2012 and 2016 for three consecutive Olympic cycles, and was awarded the "National Sports Reserve Talent Base" by the State Sports General Administration in 2023. In the evaluation of the reserve talent bases of the 26th Provincial Games in Qingdao, JIAOZHOU has won three first-class bases, seven second-class bases and two third-class bases. In 2023, jiaozhou city Sports School will select and test more than 500 athletes, and send 72 athletes to superior sports schools and excellent sports teams.

At the beginning of the new year, Liang Qifan, a skier and mountaineer, will take part in the finals of skiing and mountaineering short distance and mixed relay at the upcoming 14th National Winter Games. Yin Mengdie has qualified for the women’s kayak event of the 2024 Paris Olympic Games and is currently actively preparing for the competition. I wish JIAOZHOU-born athletes excellent results and greater glories!

240 skiers from Beijing and Hebei gathered in Yanqing, Beijing to enjoy the "speed and passion" of ice and snow.

BEIJING, Beijing, January 21st (Reporter Chen Hang) From January 20th to 21st, 2024, the 5th Beijing-Zhangjia Volkswagen Ski Exchange Competition started at Vanke Shi Jinglong Ski Resort in Yanqing, Beijing, and 240 skiers from Beijing and Hebei Province raced through the snow.

As one of the brand sports events in Yanqing District, Beijing, the Beijing-Zhangjia Volkswagen Ski Exchange Competition aims to further carry forward the spirit of Beijing Winter Olympics, promote the popularization and development of mass ice and snow sports, build a platform for in-depth exchange and interaction between ice and snow lovers in Beijing and Zhangjiakou, improve the ability of ice and snow sports in Yanqing District, Beijing and the level of professional referees, further expand the development achievements of ice and snow population, and make good use of the legacy of Winter Olympics.

With the aim of "friendship, communication and progress", this competition is divided into four groups: adult men and women and young men and women.

On the 20th, with the start of the competition, the players set off along the track with their feet on the skis, shuttled flexibly on the track, constantly changing their movements, and staged the "speed and passion" of ice and snow sports.

It is reported that the Beijing Yanqing Ski Association, as the organizer of the event, has delivered a number of alpine skiing referees and managers of ice and snow events to Yanqing District in the form of "training by competition" in recent years.

In the next step, Yanqing District of Beijing will further consolidate and expand the achievements of "driving 300 million people to participate in ice and snow sports" based on the functional orientation of ecological conservation area, and promote the construction of "outdoor sports city" and the most beautiful winter Olympic city with ecological civilization. At the same time, take sports events as the entry point to promote the development of global tourism, build an international ski resort, and promote the construction of Beijing-Zhangjiakou sports and cultural tourism belt.

How big is the impact of the epic slump in global financial markets on A-shares?

  Beijing, March 10 (Reporter Cheng Chunyu) The US WTI crude oil futures recorded the largest intraday decline in history, the US stock market rarely triggered the fuse mechanism, the US treasury bond futures "daily limit", and more than half of the world’s important stock market indexes fell by more than 6%. March 9, 2020 is destined to be a day worth recording in the history of global financial markets.

  Data Map: new york Stock Exchange.

  set records

  — — Crude oil futures hit the biggest intraday decline in history.

  After the Organization of Petroleum Exporting Countries (OPEC) failed to reach a production reduction agreement with oil-producing countries, Saudi Arabia drastically cut oil prices, which led to a sharp drop in international oil prices. Brent crude oil futures plunged 30% to $31.02/barrel in early trading, the lowest level since February 2016; US WTI crude oil also plunged 27% in early trading, and once fell more than 33% in intraday trading to $27.34, setting a new record for the largest intraday decline in history.

  — — US stocks rarely trigger fuse mechanism.

  The U.S. stock market plunged at the opening, and the S&P 500 index fell by 7% at the beginning of the session, triggering the first-level fuse mechanism, causing the U.S. stock market to suspend trading for 15 minutes. This is the first time since the financial crisis in 2008 that US stocks have been blown down due to a sharp fall. There are even media reports that this is the second real fuse in the history of US stocks. The last real fuse of US stocks was on October 27, 1997.

  — — More than half of the important stock indexes fell by more than 6%

  According to Wind’s statistics, among the 16 important indexes of global stock market, on the 9th, in addition to the three major indexes in the United States, the FTSE 100 in Britain, DAX in Germany, CAC40 in France, Nikkei 225, Standard & Poor’s 200 in Australia, etc., a total of nine indexes fell in intraday trading, and even closed down more than 6% on the same day. The three major European stock indexes fell more than 8% in intraday trading, followed by the China Shanghai Composite Index, which fell by about 3%.

  — — Us debt futures "daily limit", yield hit a record low

  Under the safe-haven demand, the influx of funds caused the US 10-year treasury bond futures to hit the upper limit and the trading was temporarily suspended. The yield of the US 10-year treasury bond once fell to a record low of 0.318%, with an intraday decline of nearly 40%. The 30-year US Treasury bonds once dropped to 0.702%, continuing to hit a record low, with a daily decline of nearly 30%. Moreover, as the leading indicator of economic recession, the yield curves of 3-month and 10-year US government bonds were once upside down, which sounded a panic alarm.

  — — The price of gold returned to $1,700 per ounce after eight years.

  After the sell-off of crude oil and stock market, investors flocked to the safe-haven assets including precious metal gold. On the 9th, the international gold futures price broke through the $1,700/oz mark, the highest since December 2012.

  source map

  (blasting) fuse

  — — The price war of crude oil suddenly opened after six years.

  Affected by the COVID-19 epidemic and other factors, the U.S. stock market plunged continuously. In view of the evolving risks brought by the epidemic to economic activities, the Federal Reserve cut interest rates by 50 basis points on the 3rd, and then the U.S. stock market fluctuated widely, and a roller coaster market was staged last week.

  "The crude oil price war started in Saudi Arabia over the weekend became the fuse of the global financial market’s plunge on the 9th." According to foreign media reports, Russia refused to cut production at the OPEC+policy meeting on March 6, and OPEC and its allies in oil-producing countries failed to reach any production reduction agreement, which means that from April, OPEC-related oil-producing countries will completely liberalize production restrictions.

  On March 7th (Saturday), Saudi Arabia, the main OPEC country, drastically reduced the price of crude oil sold to foreign markets such as Europe, the Far East and the United States, with the largest discount in more than 20 years, in order to attract foreign refineries to buy Saudi crude oil. Saudi Arabia also said that if the market needs it, Saudi Arabia can reach the level of 12 million barrels per day.

  The market generally believes that after a lapse of six years, Saudi Arabia took the initiative to start a crude oil price war, which exceeded the market’s previous expectations. Previously, many financial analysts predicted that OPEC would further cut production to boost oil prices.

  On the 9th, US President Trump sent a tweet to appease the panic market. It said that the debate between Saudi Arabia and Russia on oil prices and production, as well as the false news spread by political opponents, were the reasons for the stock market decline that day, and the decline in gasoline prices was also a good thing for ordinary consumers.

  ChrisRupkey, an economist at Mitsubishi UFJ Finance, said: "The plan to reduce oil prices will make more cash flow into people’s hands, which can drive consumer spending and boost the economy, but this does not seem to alleviate the impact of the stock market on investors. The plight of Wall Street may have a negative impact on the economy. "

  "The plunge in oil prices has once again aggravated the fragility of the market," JasonDaw, head of Asian foreign exchange strategy at Societe Generale, told the media. "The longer the global epidemic lasts, the greater the risk of a full-scale crisis."

  afternoon trading

  — — Will crude oil prices continue to fall?

  On the 9th, the international oil price plummeted, once falling more than 30%, setting a new record for the biggest intraday decline in history. NYMEX crude oil futures closed down 26.74% to $30.24/barrel, the lowest since February 2016; Brent crude oil futures fell 26.24% to $33.39/barrel, both the biggest one-day declines since the Gulf War in 1991.

  As of press time, the price fluctuation of energy and chemical futures such as crude oil.

  In the latest report, Goldman Sachs analysts said that Brent crude oil price may drop as low as $20 per barrel, which will test some oil producers. "The price war has completely changed the prospects of the oil and gas market. Goldman Sachs lowered its oil price forecast for the second and third quarters to $30 per barrel."

  Hong Hao, managing director and head of research department of Bank of Communications International, believes that the impact of the oil crisis is reflected in the following aspects: the price of junk bonds in the United States will plummet, the stability risk of the financial system will rise, and the expectation of deflation will increase the difficulty of monetary policy.

  However, in the view of Xi Jiarui, a senior analyst of Jinlianchuang Crude Oil, this oil price drop will not become a long-term trend like the oil price crash in 2014. Saudi Arabia’s behavior is to force Russia to continue to cooperate with OPEC. It is expected that once the oil price falls to a level that Russia itself feels unable to bear, it is likely to restart the production reduction agreement.

  According to the latest report of Everbright Securities, the special alliance between Saudi Arabia and the United States means that it will be difficult for the United States to accept the prospect that oil prices will continue to slump because of the price war in Saudi Arabia. Therefore, the current plunge in oil prices is unsustainable, and there may be variables in the future.

  Xi Jiarui said, "The next production reduction meeting is on June 9, and it is very likely that Saudi Arabia and Russia will jointly cut production again. At that time, oil prices may rebound in retaliation."

  On the 9th, the decline of major stock indexes in European and American stock markets.

  — — European and American stock markets enter a technical bear market?

  As of the close of the 9th, the Dow Jones index plunged more than 2,000 points, closing down 7.79%, the biggest one-day drop since 2008. The S&P 500 index fell by 7.60%, and the Nasdaq index fell by 7.29%. Oil stocks suffered heavy losses, and Chevron fell more than 15%, leading the Dow. So far, the Dow has dropped by 19.34% compared with the historical high set by this bull market.

  On the same day, major European stock indexes closed down across the board, and many stock indexes entered a technical bear market. Britain’s FTSE 100 index fell 7.69%, France’s CAC40 index closed down 8.39%, and Germany’s DAX index fell 7.94%. Among them, Germany DAX index, France CAC40 index, Italy FTSE MIB index, Europe Stoxx 50 index and Britain FTSE 100 index entered the technical bear market.

  Yang Delong, chief economist of Qianhai Open Source Fund, pointed out that US stocks will fall sharply after peaking. According to the experience of US stocks, a decline of 20% is generally called the dividing line between bulls and bears. If it falls below 20% and does not come back, it shows that the bear trend is confirmed and will fall further by 20%.

  Xie Feng, a researcher at China Banking Research Institute, believes that the debt level of American enterprises is high, and the debt quality of residents has deteriorated. Once the economic slowdown exceeds expectations, corporate profits will further decline, and residents’ wealth will also be damaged, which may lead to more risk release in the financial market.

  A-share major stock indexes closed on the 9th.

  — — Can China A-shares be immune?

  On the 9th, among the world’s important stock indexes, the overall decline of A shares was lower. The Shanghai Composite Index fell 3.01%, the Shenzhen Composite Index fell 4.09%, and the Growth Enterprise Market Index fell 4.55%. In the whole day, the transaction between the two cities broke through one trillion yuan. The net outflow of northbound funds from Shanghai Stock Connect was 9.671 billion, and that from Shenzhen Stock Connect was 4.648 billion.

  Chen Li, chief economist of soochow securities, said in an interview with the media that the main reason for the A-share slump on the 9th was the violent fluctuation of the global capital market, and the violent fluctuation of the external market aroused the concern of domestic investors. The turnover of the two cities has continuously exceeded one trillion, indicating that there are great differences in funds. Some funds are leaving the market, and some funds are considered to be opportunities to buy on dips.

  It is noteworthy that on the 9th, the FTSE China A50 index futures, as the leading indicator of the secondary market of the stock market, rebounded and turned red at night, and now rose by more than 1%. At one time, it was close to 2% in intraday trading, and once fell by more than 1%.

  "The fundamental reason for the sharp decline of US stocks is that the valuation is too expensive." Everbright Securities believes that A shares are more immune to overseas fluctuations. Under the analytical framework of the policy economic cycle, it is not only economic data but also policy tightness that determines the market trend. Oil prices fell sharply beyond expectations, reducing the risk of stagflation in the near future and broadening the space for domestic policy easing.

  Great Wall Securities believes that in the context of global risk assets being sold by funds, the short-term growth of the A-share market is facing emotional selling pressure. In the medium term, China’s securities market shows very obvious value toughness under the background of global general decline, and RMB assets are expected to become a safe haven favored by global funds. (End)