Group 1 - The Ministry of Finance announced the resumption of value-added tax on interest income from newly issued government bonds starting from August 8, which is seen as a negative signal for the government bond market [1] - The tax applies only to new government bonds, local bonds, and financial bonds issued after August 8, leaving previously issued bonds unaffected, which is relatively favorable for older bonds [1] - The intention behind this tax is likely to gradually reduce the yield on risk-free assets and guide funds towards the equity market, which could be seen as a positive for the stock market [1] Group 2 - The U.S. stock market experienced its largest decline recently, with the Nasdaq index dropping by 2%, the S&P 500 down by 1.6%, and the Dow Jones also falling over 1% [3] - The decline was primarily driven by the U.S. Labor Department's report showing that July's non-farm payrolls increased by only 73,000, significantly below the expected 104,000, raising concerns about a potential economic recession [3] - Despite the weak labor market data, there is skepticism about an immediate interest rate cut by the Federal Reserve, as historical practices suggest a wait-and-see approach for 2 to 3 months before making decisions [3] Group 3 - The decline in U.S. stocks negatively impacted the Nasdaq China Golden Dragon Index, which is expected to affect the Hong Kong stock market in the upcoming week [4] - However, it is anticipated that the A-share market may experience a low opening followed by a stabilization, as the market often rebounds after an initial drop [4]