A股指数涨跌不一，沪指微跌0.06%，婴童、造纸等板块涨幅居前

Market Overview - The three major indices opened mixed, with the Shanghai Composite Index down 0.06% and the Shenzhen Component Index down 0.16%, while the ChiNext Index opened slightly up by 0.01% [1] - The Shanghai Composite Index is at 3595.81, with a decline of 0.06%, and the Shenzhen Component Index is at 11199.63, down 0.16% [2] - The NASDAQ China Golden Dragon Index fell by 0.69%, with most popular Chinese concept stocks experiencing declines [3] Sector Insights - Huatai Securities is optimistic about the improvement in demand for infant formula due to the acceleration of fertility stimulus policies across the country, which is expected to boost consumer confidence and maternal and infant demand [4] - CITIC Construction Investment predicts that cobalt prices are likely to rise in the short term due to a significant decrease in imports of cobalt intermediates in June and expected continued declines in July, supported by downstream consumption and inventory digestion [5] - CICC forecasts a rebound in coal prices in the second half of the year, driven by rational supply release and marginal demand improvement, which may aid in industry profit recovery [6] - China Galaxy Securities indicates that positive factors for banks are accumulating, with a potential turning point in performance as undervalued banks attract more active funds and benefit from the expansion of ETF quality [7]