FII(SH:601138) Shang Hai Zheng Quan Bao·2025-07-31 18:08Group 1: Market Overview - The A-share market experienced a high-level correction, with resource cyclical stocks significantly adjusting, causing the Shanghai Composite Index to fall below 3600 points, closing at 3573.21, down 1.18% [2] - The Shenzhen Component Index closed at 11009.77, down 1.73%, and the ChiNext Index closed at 2328.31, down 1.66% [2] - The total trading volume of the Shanghai and Shenzhen markets reached 19.36 billion yuan, an increase of over 900 million yuan compared to the previous day [2] Group 2: AI Sector Performance - AI-related hardware and software sectors showed strong performance, with liquid cooling server stocks such as Sihuan New Materials, Invech, and Chunz中科技 hitting the daily limit [3] - Industrial Fulian, a leading AI server company, reached a historical high with a closing increase of 6.04%, bringing its market value close to 700 billion yuan [3] - Nvidia's stock rose over 2% to a new historical high, with a year-to-date increase of over 30%, while Meta's post-market trading saw an increase of over 11% with Q2 revenue of $47.52 billion, up 22% year-on-year [3] Group 3: Resource Sector Decline - Resource cyclical stocks collectively retreated, with the steel sector dropping 4.08%, leading all industries, while non-ferrous metals and coal sectors fell by 3.19% and 2.72%, respectively [4] - In the futures market, several previously popular commodities saw price declines, with the main contract for coking coal dropping by 8% and glass and polysilicon contracts falling over 8% and 7%, respectively [5] Group 4: Market Outlook - The Shanghai Composite Index's decline of 1.18% on the last trading day of July marked the first single-day drop exceeding 1% since the beginning of the second half of the year [6] - Some institutions believe the market is expected to solidify a mid-term positive foundation, with semi-annual performance being a crucial evaluation window [6] - The overall risk appetite in the market is currently high, with a focus on growth technology sectors as the primary offensive direction, alongside opportunities in sectors with strong performance support or exceeding semi-annual expectations [6]