
Market Overview - A-shares opened slightly lower with the three major indices experiencing fluctuations and declines, while sectors such as computing power and steel showed activity [1] - The Hang Seng Index and Hang Seng Tech Index both fell over 1% [2][3] - The bond market saw collective gains in government bond futures, with the 30-year main contract rising by 0.07% [3][4] A-share Performance - As of the report, the Shanghai Composite Index increased by 0.02%, while the Shenzhen Component Index and the ChiNext Index both decreased by 0.44% [1] - The banking sector in A-shares strengthened, with several banks reaching historical highs, including Shanghai Pudong Development Bank and Beijing Bank [5][6] Hong Kong Market Performance - The Hang Seng Index was reported at 23,736.89, down by 1.38%, and the Hang Seng Tech Index at 5,143.98, down by 1.71% [3] - Major tech stocks in Hong Kong, including Alibaba and Meituan, experienced declines, with Alibaba dropping by 2.54% [8][9] Sector Highlights - A-share computing power stocks saw a strong start, with Data Port hitting the daily limit and several other stocks rising significantly [10][11] - Steel stocks continued to perform well, with Liugang Co. achieving a four-day consecutive rise [12] - The photovoltaic sector remained active, with multiple stocks, including Yamaton and Yijing Photovoltaic, showing strong performance [13]