CISC(SH:601005) Zhong Guo Ji Jin Bao·2025-07-02 08:24Market Overview - On July 2, the A-share market experienced a decline, with the ChiNext index falling over 1%. The Shanghai Composite Index decreased by 0.09%, and the Shenzhen Component Index dropped by 0.61% [2] - A total of 1945 stocks rose, while 3284 stocks fell, indicating a bearish market sentiment [3] Steel Sector Performance - The steel sector emerged as a significant highlight, with stocks like Chongqing Iron & Steel, Liugang Co., and Shougang Co. hitting the daily limit [8] - Chongqing Iron & Steel saw a price increase of 10.16%, closing at 1.41 [9] - The overall steel sector's performance is linked to upcoming production cuts in Tangshan, which may reduce production capacity and improve supply-demand dynamics [10] Economic Policies and Market Trends - The "anti-involution" theme is gaining traction, with sectors like new energy, steel, and non-ferrous metals showing strong performance despite overall market adjustments [11] - Recent meetings emphasized the need to regulate low-price competition and promote product quality, which could lead to a more stable profit margin for advanced manufacturing sectors [11] Trading Volume and Market Statistics - The total trading volume reached 14051.09 billion, with a total of 5421 varieties traded [4] - The market saw a decrease in the number of rising stocks by 766, reflecting a 28.26% drop in the number of stocks that increased in value [4]