NANTEX(SH:600250) Xin Lang Cai Jing·2025-07-07 00:45Market Performance - On July 4, 2025, A-shares showed mixed performance with the Shanghai Composite Index up by 0.32%, while the Shenzhen Component Index and the ChiNext Index fell by 0.25% and 0.36% respectively; the North Stock 50 dropped by 1.88% [1] - The total trading volume in the Shanghai and Shenzhen markets was approximately 14,285.58 billion yuan, an increase of about 1,188.01 billion yuan compared to the previous trading day [1] - In Hong Kong, the Hang Seng Index fell by 0.64% or 153.88 points, closing at 23,916.06 points, with a total trading volume of 2,678.08 billion HKD; the Hang Seng China Enterprises Index and the Hang Seng Technology Index also experienced declines [1] New Stock Listing - Huadian New Energy, with stock code 600930, was listed at an issuance price of 3.18 yuan per share and a price-to-earnings ratio of 15.28 times; it is one of the largest renewable energy operators in China, focusing on wind, solar, and biomass energy projects [3] Aviation Industry Developments - The Civil Aviation Administration of China (CAAC) has established a leadership group for general aviation and low-altitude economy to enhance organizational leadership and coordination in these sectors; the group will focus on implementing national policies and addressing cross-departmental issues [4] - The CAAC will work on development planning, airworthiness certification, market regulation, flight operation supervision, and safety regulation to promote the safe and orderly development of general aviation and low-altitude economy [4] Real Estate Market Stability - The Ministry of Housing and Urban-Rural Development emphasized the importance of promoting stable, healthy, and high-quality development in the real estate market; local governments are encouraged to implement policies tailored to specific cities to enhance effectiveness [5] - The ministry's research group highlighted the need to accelerate the construction of safe, comfortable, green, and smart housing to meet public expectations and to stabilize market expectations, activate demand, optimize supply, and mitigate risks [5]