Hua Er Jie Jian Wen·2025-08-21 02:02Market Overview - A-shares opened higher on August 21, with all three major indices rising, and the Sci-Tech 50 Index initially surged over 2% before retreating [1] - The Shanghai Composite Index rose by 0.26% to 3776.19, while the Shenzhen Component increased by 0.24% to 11955.30, and the ChiNext Index fell by 0.11% to 2604.86 [1] - The Hang Seng Index showed mixed performance, with a slight increase of 0.06% to 25180.17, while the Hang Seng Tech Index dropped by 0.32% to 5523.75 [2][3] Sector Performance - The semiconductor industry chain saw gains, particularly in servers and GPUs, with ZTE Corporation's A-shares hitting the upper limit and H-shares rising over 13% [1][8] - Stablecoin concept stocks were active at the market open, with several stocks, including Tianrongxin and Zhongyou Capital, experiencing significant gains [8][10] - In the commodity market, domestic futures showed divergence, with industrial silicon and polysilicon rising over 2%, while the shipping index fell by 1% [4][5] Bond Market - The bond market experienced a decline, with government bond futures dropping across the board. The 30-year main contract fell by 0.27%, the 10-year by 0.10%, the 5-year by 0.05%, and the 2-year by 0.02% [2][4] Notable Stocks - Cambricon Technologies saw a surge of over 5% during trading, reaching a new high [6] - The stablecoin concept stocks, including Yuyin Co., Sifang Chuangxin, and Zhongke Jincai, reported significant increases, with Yuyin Co. rising by 10.05% [9]