Market Overview - On July 28, 2025, A-shares experienced narrow fluctuations, with the Shanghai Composite Index rising by 0.12%, the Shenzhen Component Index increasing by 0.44%, and the ChiNext Index up by 0.96%. The North Stock 50 fell by 0.25%. The total trading volume in the Shanghai and Shenzhen markets was approximately 1.742 trillion yuan, a decrease of about 45.03 billion yuan compared to the previous trading day [1] - Hong Kong stocks saw mixed performance, with the Hang Seng Index rising by 0.68% to close at 25,562.13 points, while the Hang Seng Technology Index fell by 0.24% to 5,664.02 points. The total trading volume was 250.3 billion HKD [1] - In the U.S. market, the S&P 500 Index rose by 1.59% to 5,954.5 points, the Nasdaq Composite Index increased by 1.63% to 18,847.28 points, and the Dow Jones Industrial Average rose by 1.39% to 43,840.91 points [1] Government Initiatives - The Ministry of Industry and Information Technology announced plans to enhance the adaptability of supply and demand for consumer goods to support consumption expansion. This includes implementing a new round of ten key industry growth actions and promoting the development and application of technologies such as artificial intelligence terminals and drones [3] - The National Childcare Subsidy Scheme was unveiled, providing an annual subsidy of 3,600 yuan per child for infants under three years old, effective from January 1, 2025. The subsidy is exempt from personal income tax and will not be counted as income for certain social assistance evaluations [4][6] - The State Administration for Market Regulation emphasized the need to address low-quality and low-price competition among enterprises, enhance quality standards, and improve regulatory frameworks for food, pharmaceuticals, and industrial products [5]
7月29日投资早报|达华智能被证监会立案,药明康德上半年净利润85.61亿元同比增长101.92%,中化国际拟购买南通星辰100%股权