Hua Er Jie Jian Wen·2025-07-07 02:00Market Overview - A-shares opened lower on July 7, with the three major indices experiencing slight declines; the ChiNext index fell by 1% [1] - The Hang Seng Index also opened lower, with the Hang Seng Tech Index down by 1.04% [2][3] - The bond market saw an increase in government bond futures, with the 30-year main contract rising by 0.10% [3][4] A-share Performance - As of the report, the Shanghai Composite Index decreased by 0.17%, the Shenzhen Component Index fell by 0.57%, and the ChiNext Index dropped by 1.00% [1] - Over 2900 stocks in the Shanghai, Shenzhen, and Beijing markets experienced declines [5] Hong Kong Stock Performance - The Hang Seng Index was down by 0.78%, while the Hang Seng Tech Index fell by 1.04% [2] - Major tech stocks such as JD.com, Meituan, and Alibaba saw declines of 1.61%, 3.48%, and 2.47% respectively [9][10] Sector Highlights - The stablecoin concept gained traction, with stocks like Jingbeifang rising over 7% [12][13] - The medical device sector showed strong performance, with Baolait rising over 15% and several other stocks gaining more than 5% [8] - Power stocks continued their strong performance, with Huayin Electric and Shaoneng Shares both achieving significant gains [14][15] Commodity Market - Domestic commodity futures experienced a decline, with synthetic rubber dropping over 2% [18] - Cotton futures saw a slight increase of 0.44% [18]