Xuan Gu Bao·2025-08-21 08:54Market Overview - The market experienced a high-to-low fluctuation with the North Stock Exchange 50 Index dropping over 1.5% [1] - Stablecoin concept stocks performed well, with companies like Sanwei Xinan and Beixin Yuan hitting the daily limit [1] - Oil and gas stocks saw a mid-day surge, with companies such as Zhun Oil and Shenkai hitting the limit [1] - Bank stocks showed strong fluctuations, with Agricultural Bank and Postal Savings Bank reaching historical highs [1] - The overall market saw more declines than gains, with over 3,000 stocks in the Shanghai and Shenzhen markets in the red, and a total transaction volume of 2.46 trillion [1] Hot Topics RWA (Real World Assets) - RWA concept stocks surged today, with Jinshi Technology, Yuyin Co., and Zhongyou Capital hitting the daily limit [3] - The catalyst for this surge was the implementation of the "Stablecoin Regulation" in Hong Kong on August 1, marking the first comprehensive regulatory framework for fiat-backed stablecoins globally [3] - The launch of the RWA registration platform in Hong Kong on August 7 aims to facilitate the tokenization of RWA assets, enhancing the integration of stablecoins with the real economy [3] - The Hong Kong Web3.0 Standardization Association initiated key standards for RWA tokenization, expected to be drafted and open for public consultation within the year [3] Consumer Sector - The consumer sector was active today, with companies like Jishi Media and Huasheng Co. showing strong performance [7] - The State Council emphasized the importance of strengthening domestic circulation and stimulating consumption potential in a recent meeting [7] - The focus on basic livelihood sectors such as elderly care and childcare indicates significant expansion opportunities due to existing supply shortages [7] Stock Performance - Jinshi Technology reached a price of 19.00 with a gain of 10.02% [5] - Yuyin Co. saw a price of 9.09 with a gain of 10.05% [5] - Zhongyou Capital reached 10.87 with a gain of 10.02% [5] - Other notable performers included Sanwei Xinan with a 20.01% increase and Beixin Yuan with a 19.97% increase [5] Industry Insights - The RWA sector is seen as a means to enhance efficiency and reduce costs, facilitating financial globalization and decentralization [6] - Various asset classes are being tokenized, including gold, bonds, and real estate, showcasing the potential of green finance and real economy financing scenarios in China [6] - The consumer sector is expected to thrive with the rise of domestic IP and the "Guzi Economy," which aims to reshape consumer sovereignty and upgrade offline ecosystems [7]