He Xun Wang·2025-07-30 01:37Market Overview - US stock market experienced fluctuations, initially rising before retreating as investors awaited the Federal Reserve's interest rate decision and noted a lack of progress in US-China trade negotiations, leading to declines in all three major indices [2] - The US dollar showed volatility, with the yield on the 10-year Treasury bond falling to 4.32%, while gold prices remained stable and oil prices trended upwards [2] Hong Kong Stock Market - Hong Kong's three major indices opened lower, with the Hang Seng Index down 0.74% at 25,335.21 points, the Hang Seng Tech Index down 1.83%, and the National Enterprises Index down 0.98% [2][3] - Technology stocks in Hong Kong saw widespread declines, with Alibaba, JD.com, and Baidu each dropping over 2%, while Meituan and Bilibili fell more than 1% [2] - Gold stocks opened higher, with Zifeng Gold rising nearly 2% [2] - Chinese brokerage stocks experienced a pullback, with China Galaxy falling over 1% [2] - New energy vehicle companies mostly opened lower, with Li Auto dropping over 9% [2]