本周巨资即将“上桌”，当美债、SpaceX和AI同时“要钱”，市场会上演什么剧本？这篇帮你搞懂6月最危险的资金分配战，助你躲过踩踏大劫。

An ECB Governing Council member and Cyprus central bank governor said on Sunday Europe should drop long-standing political resistance to joint debt issuance and create a large-scale common “safe asset” to strengthen EU sovereignty and stability. He argued the rare synchronicity of economic, geopolitical and institutional conditions strengthens the case for pooled bonds. A common instrument, he said, could lower borrowing costs, reduce market fragmentation and finance large-scale green, digital and AI investments, defence, public-health preparedness and energy-security projects. He acknowledged Germany and the Netherlands’ historical opposition over contingent taxpayer liability, and said the ECB is increasingly pushing the policy shift.

CSC Financial, citing China Index Academy data, said average secondhand residential prices across 100 cities fell 0.32% MoM in May, a 0.14ppt improvement from April, and were down 7.99% YoY, a 0.35ppt narrowing. Shanghai secondhand prices have risen for three consecutive months, indicating the market is moving toward stabilization. This week Poly Real Estate won a Nanshan, Shenzhen residential parcel for 57.7 bln yuan at a 150.7% premium, setting a Shenzhen record floor price of 109,000 yuan/sq.m; CSC said demand for premium plots in core cities remains strong.