FII(SH:601138) Hua Er Jie Jian Wen·2025-07-31 02:10Market Overview - A-shares opened lower with the Shanghai Composite Index down 1% and the ChiNext Index turning negative after briefly rising over 1% [1] - The Hang Seng Index fell over 1%, with notable declines in automotive and tech stocks, including NIO down over 3% and Meituan down over 4% [2][3] - The bond market saw a rally in government bond futures across the board, with the 30-year contract up 0.53% [3][4] Sector Performance - In the A-share market, sectors such as steel, coal, and precious metals led the decline, with nearly 3,400 stocks in the Shanghai and Shenzhen markets falling [6] - The domestic commodity futures market experienced declines, with coking coal down over 6% and glass down over 5% [4][5] - The AI and computing hardware sectors saw gains, with companies like Yuanjie Technology rising over 12% and Jianqiao Technology hitting the daily limit [10][11] Notable Stocks - Industrial Fulian surged over 6%, reaching a new historical high with a trading volume exceeding 2.8 billion yuan [13] - Meituan's stock fell over 4%, marking a new low in over two weeks, following news of Prosus reducing its stake in the company by $4 billion [15] - The innovative drug sector remained active, with Nanjing New Pharmaceutical hitting the daily limit and several other companies rising over 5% [19][20] Commodity Market - The domestic commodity futures market saw significant declines, with coking coal down 6.29%, glass down 5.42%, and silicon iron down 4.72% [5][23] - The opening of commodity futures showed a continued downward trend, with major contracts for lithium carbonate, coking coal, and glass all dropping over 4% [24]