Venture(US:VEMLY) Di Yi Cai Jing Zi Xun·2025-08-25 01:45Market Overview - The A-share market opened with all three major indices rising: Shanghai Composite Index increased by 0.59%, Shenzhen Component Index rose by 1.03%, and ChiNext Index gained 1.41% [1] - The Hong Kong market also saw a positive opening, with the Hang Seng Index up by 1.06% and the Hang Seng Tech Index rising by 1.49% [3] Sector Performance - In the A-share market, the chip industry chain continued to strengthen, with AI hardware sectors like CPO and fiberglass maintaining their rebound momentum [1] - The brokerage and diversified financial sectors showed active performance, while pharmaceutical stocks experienced a decline [1] - In Hong Kong, Dongfeng Group shares surged nearly 70% following its announcement of privatization and delisting [3] - Technology stocks in Hong Kong remained strong, with NIO rising nearly 15% and SMIC increasing by nearly 3% [3] - The non-ferrous metals sector collectively rebounded, with China Hongqiao rising by 2% [3] Financial Operations - The People's Bank of China conducted a 7-day reverse repurchase operation amounting to 288.4 billion yuan at a fixed rate of 1.40%, with a net injection of 21.9 billion yuan for the day [5] - The central bank's operation was in response to 266.5 billion yuan of reverse repos maturing on the same day [5] Currency Exchange - The central bank raised the RMB/USD midpoint by 160 basis points to 7.1161, marking the highest level since November 6, 2024, and the largest increase since January 21, 2025 [6]