Vi e w p o i n t | 25 Jun 2026 10:30:42 ET │ 28 pages ASEAN Equity Strategy Through the Oil Shock: Five Lenses on ASEAN CITI'S TAKE The oil shock that defined ASEAN this year is reversing as Brent falls back below US$80 on the US–Iran peace deal — a tailwind for importers (Thailand, Philippines, Indonesia) and a headwind for exporter Malaysia. Rates are diverging: Indonesia is hawkish at 5.75% to defend the rupiah, while Thailand (1%) and the Philippines (4.5%) should have room to stay easy as oil cools. On ...

Vi e w p o i n t | 25 Jun 2026 10:27:48 ET │ 14 pages Sa Sa (0178.HK) FY26 Earnings Recovery; Strong Momentum in 1QFY27E CITI'S TAKE Sa Sa reported FY26 results with topline/core NP up 14%/55% to HK$4.38bn/HK$203m excluding offline business in Mainland China, in line with its positive profit alert. A final dividend of HK$3.4 cents is well expected on a 70% payout ratio policy while special dividend of HK$1.9 cents (29% of core NP) is a positive surprise. FY26 marks a year of recovery with accelerating YoY g ...

Action | 25 Jun 2026 10:18:09 ET │ 10 pages Sungrow Power Supply (300274.SZ) Adding Upside 30-Day Catalyst Watch | Direction: | Upside | | --- | --- | | Duration: | Within 30 Days (expires 26 Jul 2026) | | Catalyst: | New SST Product Launch in July | We open a 30-day positive catalyst watch on Sungrow expecting its share price to react positively to its new solid state transformer ('SST') product launch for AIDC in July 2026. According to the company, orders are expected to start being received after produc ...

投资组合表现与市场环境 - 2026年第一季度，Antipodes全球策略跑赢了基准指数及截至2026年3月31日的12个月表现[1] - 同期全球股市以美元计下跌3.2%，其中美国股市下跌4.6%，价值股表现优于成长股，因对人工智能的担忧加速了资金从超大盘科技股的轮动[1] - 投资组合在北美、韩国、西欧和拉丁美洲地区的敞口提振了业绩，而在加拿大和英国的表现则落后[1] - 能源、非必需消费品、工业和医疗保健板块引领业绩，而金融、房地产和材料板块表现落后[1] - 为管理风险，公司在当季增持了防御性板块的持仓[1] Salesforce (CRM) 公司概况与市场数据 - Salesforce是一家提供客户关系管理技术的云计算公司[2] - 截至2026年6月24日，其股价收于每股152.76美元，市值为1256.5亿美元[2] - 其一个月回报率为-13.57%，过去52周股价下跌了42.70%[2] - 在2026年最受对冲基金欢迎的40只股票榜单中，Salesforce排名第28位[4] - 2026年第一季度末，有101只对冲基金投资组合持有该公司股票，低于前一季度的115只[4] Salesforce (CRM) 业务表现与分析师观点 - 在2027财年第一季度，Salesforce实现营收111.3亿美元，按名义计算同比增长13%，按固定汇率计算增长12%[4] - 公司基本面依然稳健，预计在近期推出的自主人工智能代理平台Agentforce的推动下，盈利仍能以14%的同比速度增长[3] - 公司股价在第一季度走低，原因是市场对人工智能快速发展可能颠覆传统企业软件模式和估值的担忧加剧，引发了整个软件板块的抛售[3] - 在完成一笔36亿美元的收购后，Truist给予了该公司信任票[4]

市场策略 上行休整仍持续，主线扩散进行时 风格策略 科技成长再平衡，确定优选低预期 ⚫ 科技成长预期充分、筹码趋拥挤，短期波动或加大。稀土、化工、券商、创新药等 方向，基本面扎实而预期偏低，前期受科技"虹吸效应"影响配置不足，股价与基本面 存一定背离。当资金从极致聚焦走向均衡扩散，这类"低预期、高确定性"资产正迎修 复良机。策略上兼顾成长和价值，于预期偏低处寻找确定性溢价，实现组合风险收 益比的再平衡。 相关 ETF：稀土 ETF 富国 (159713)、化工 ETF 鹏华 (159870)、证券 ETF 鹏华 (159993)、券商 ETF 华宝(512000) 行业策略 医药 CXO：景气高位运行，业绩稳步兑现 主题策略 计算机：豆包 2.1 等模型持续迭代，Token 消耗维持高增 投顾发展 | 投顾晨报 上行休整仍持续，主线扩散进行时 朝闻道 20260626 风险提示 中美贸易关系改变、技术研发不及预期；行业竞争加剧风险、模型迭代慢于预期等风险。 报告发布日期 2026 年 06 月 26 日 江韶军 执业证书编号：S0860525090001 jiangshaojun@orientsec.com. ...

Vi e w p o i n t | 25 Jun 2026 10:16:23 ET │ 8 pages US Economics Lower initial claims but continuing claims trending higher CITI'S TAKE Initial jobless claims fell to 215k from 227k during the week of June 20th , lower than the 224k we were expecting and 225k consensus expectations. Continuing jobless claims increased to 1821k from a downwardly-revised 1800k during the week of June 13th. Jobless claims remain at low levels and do not point to any sharp weakening in the labor market. However, continuing cla ...

Hexaware Becomes Anthropic Authorized Reseller for Amazon Bedrock Accessibility Statement Skip Navigation Reseller agreement brings Claude, powered by Anthropic, to Hexaware's enterprise clients, accelerating the deployment of safe, high-performance AI at scale About Hexaware MUMBAI, India, ISELIN, N.J. and LONDON, June 25, 2026 /PRNewswire/ -- Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, announced that it has been named an Anthropic Authorized Reseller for Amazon Bedro ...

J P M O R G A N North America Economic Research 25 June 2026 US: Initial claims still look good, cont. claims stabilize Jobless claims continue to do well. Initial claims fell back from 227k to 215k in the week ending June 20, as they continue to trace out a similar seasonal pattern to prior years, but at a lower level. Jobless claims in general have been holding up well, and these along with the weekly ADP data suggest another decent month of payroll gains in June. Continuing claims, meanwhile, rose anothe ...

Global Data Intelligence |Through the Retail Lens Data Insights: How shifts in retail sentiment shape US equity markets – June Update June 25, 202 6 Social Media Sentiment Deep Dive: How shifts in retail sentiment shape US equity markets - June Update The equal-weighted S&P 500 (SPW) has outperformed the S&P 500 (SPX) by c. 2% YTD and by c. 5% since its low in mid - May. 0ur social media dataset suggests that in recent years retail sentiment has been negatively correlated with the SPW/SPX ratio; these dynam ...

股价表现 - Palantir Technologies Inc 股票在周四早盘交易中下跌6% [1] - 股价从前一收盘价113.50美元跌至约106.50美元附近交易 [1]