Market Overview - A-shares showed mixed performance on July 23, with the Shanghai Composite Index fluctuating around the 3600-point mark, ultimately closing at 3582.30 points, up 0.01% with a trading volume of 857 billion [1] - The Shenzhen Component Index closed at 11059.04 points, down 0.37%, with a trading volume of 1007.6 billion, while the ChiNext Index ended at 2310.67 points, down 0.01%, with a trading volume of 448.7 billion [1] Sector Performance - Beauty and personal care stocks surged, with companies like Runben Co., Ltd. hitting the daily limit, while military stocks experienced a pullback, with Changcheng Military Industry dropping over 5% [1][2] - The metal new materials sector performed well, supported by the ongoing "anti-involution" trend and recent monetary easing policies [4] Institutional Insights - Jifeng Investment Advisory noted that the beauty care sector is leading the market, driven by "anti-involution" sentiments and positive mid-year earnings forecasts [3] - CITIC Securities highlighted the sustained high growth in the computing power industry, suggesting potential valuation increases for core North American computing chain companies [3] - Huatai Securities emphasized the positive performance of the metal sector, driven by the recovery of polysilicon prices and the stabilization of lithium, cobalt, and rare earth prices [4] Policy Developments - Zheng Zhanjie, Director of the National Development and Reform Commission, emphasized the importance of enhancing cooperation between state-owned and private enterprises to address issues of "involution" and expand supply chain collaboration [5] Industry Updates - The lithium industry maintained stable production in the first half of the year, with carbon lithium output increasing and demand for new energy vehicles continuing to grow [6] - Alibaba is set to launch its first self-developed AI glasses, which will feature various functionalities such as voice assistance and real-time translation, marking a significant step in its AI to consumer strategy [7]
收评：沪指冲高回落微涨 未能站稳3600点 美容护理概念走强
Xin Hua Cai Jing·2025-07-23 07:50