A股跳水，4400只个股下跌

Market Performance - A-shares experienced a decline on July 31, with the ChiNext Index down 1.86%, the Shanghai Composite Index down 1.39%, and the Shenzhen Component Index down 1.95%, with over 4,400 stocks declining across the markets [1] - The sectors that saw the largest declines included coal, steel, non-ferrous metals, photovoltaic, and real estate [1][2] Sector Analysis - The aquaculture index fell by 4.42%, rare metals index decreased by 3.97%, real estate index dropped by 3.82%, insurance index declined by 3.73%, and coal mining index fell by 3.57% [3] - Notable declines in rare earth permanent magnet stocks included Baotou Steel falling over 7%, Northern Rare Earth down over 5%, and Zhongmin Resources down over 4% [3] Insurance Sector - The insurance sector continued to weaken, with China Pacific Insurance dropping over 5%, and both China Life and Ping An also declining [4] AI Computing Demand - AI computing demand surged, with stocks like Invec and Nanxing hitting the daily limit, while Cambrian Technologies rose over 3% [4] Futures Market - In the commodities market, coking coal futures hit the limit down at 1,135 yuan/ton, and silicon iron futures also hit the limit down with a 7.02% drop, currently at 5,672 yuan/ton [5] Financing and Market Sentiment - The Shanghai Composite Index is currently in a tug-of-war around the 3,600-point mark, with leveraged funds accelerating their entry into the market, as evidenced by the margin financing balance approaching 2 trillion yuan [6] - Institutional funds are showing positive signals, with a significant decrease in the scale of reductions by industrial capital, down about 40% from the previous month [9] Future Outlook - Market analysts suggest that core indices may challenge their yearly highs, although the process may not be smooth, requiring close attention to policy implementation speed, economic data validation, and external environmental changes [9]