Market Overview - A-shares experienced a morning rise with all three major indices increasing, particularly in sectors such as water conservancy, hydropower, steel, and construction materials [1] - The Hang Seng Index (HSI) also saw gains, surpassing the 25,000-point mark for the first time since February 2022, reflecting a more than 25% increase from its April low [8][13] - Domestic commodity futures showed a broad increase, with notable rises in aluminum oxide (over 7%), glass (over 6%), and soda ash (over 4%) [4][15] A-shares Performance - The Shanghai Composite Index rose by 0.37% to 3547.52 points, while the Shenzhen Component Index increased by 0.27% to 10,943.20 points [1] - The ChiNext Index saw a smaller gain of 0.22%, reaching 2282.11 points [1] Hong Kong Market Performance - The Hang Seng Index rose by 0.59% to 24,973.12 points, and the Hang Seng Tech Index increased by 0.86% to 5586.43 points [2][3] - Major tech stocks such as Meituan and JD.com saw significant gains, with Meituan rising over 4% [13] Bond Market - The bond market experienced a collective decline, with the 30-year treasury futures dropping by 0.46% and the 10-year futures down by 0.13% [3][7] Commodity Market - Domestic commodity futures showed strong performance, with aluminum oxide leading the gains at over 7%, followed by glass and soda ash [4][15] - Steel stocks in Hong Kong surged, with Chongqing Steel rising over 20% and China Oriental Group increasing by over 7% [6] Specific Company Highlights - The launch of the Yarlung Tsangpo River hydropower project in Tibet, with a total investment of approximately 1.2 trillion yuan, has positively impacted related stocks such as China Power Construction and Tibet Tianlu [10] - Construction and cement stocks also opened strongly, with Huaxin Cement and China Energy Construction hitting the daily limit [11]
AH股集体拉升!雅下水电概念掀涨停潮,恒指突破25000点,科网股活跃,国债大跌,商品普涨
Hua Er Jie Jian Wen·2025-07-21 01:57