智通财经网·2025-07-30 00:47Market Overview - The market experienced fluctuations but closed higher, with the ChiNext Index leading the gains. The total trading volume in the Shanghai and Shenzhen markets reached 1.8 trillion yuan, an increase of 609 billion yuan compared to the previous trading day. The Shanghai Composite Index rose by 0.33%, the Shenzhen Component Index increased by 0.64%, and the ChiNext Index surged by 1.86% [1]. Industry Insights Robotaxi Development - Huatai Securities highlighted that the WAIC Shanghai new policy is a milestone for the Robotaxi industry, transitioning from "demonstration" to "commercial" by 2025. The policy includes a production timeline and scale goals for L4 autonomous driving, with the entire Pudong area opening up for complex urban applications. The issuance of "demonstration operation" licenses will accelerate the commercial trial operations of L4 companies [2]. Domestic Server Procurement - CITIC Construction Investment noted that China Unicom has initiated the procurement for general servers, with a domestic production ratio exceeding 90%, a significant increase from previous levels. The overall sentiment in the domestic innovation sector is improving, with both the number and scale of tenders showing positive growth. Companies in the database segment are expected to report high growth in H1 2025, indicating a robust industry outlook [3]. U.S. Steel Price Trends - CICC reported that since the beginning of 2025, the price of hot-rolled coils (HRC) in the U.S. has increased by 35% to $900 per ton. The U.S. steel industry is currently experiencing tight supply conditions driven by tariff policies, which are expected to maintain high steel prices in the short term, with a potential upward shift in the long-term price baseline [4].