Group 1 - The Xinjiang railway project has attracted significant market attention, leading to a surge in stock prices of several companies in the A-share Xinjiang sector, including Ba Yi Steel, Beixin Road and Bridge, and Xinjiang Jiaojian, which have seen consecutive trading limit increases [1][2] - Ba Yi Steel's stock price increased by 10.09% to 5.13, while Beixin Road and Bridge rose by 10.06% to 5.58, and Xinjiang Jiaojian climbed by 10.01% to 16.71 [2] - Other companies such as Dongfang Huanyu and Xinjiang Torch also experienced a 10% increase in their stock prices, indicating a broader positive sentiment in the market [2] Group 2 - Xinjiang Jiaojian stated that it has not yet participated in the Xinjiang railway project but has relevant qualifications and experience from previous railway projects, positioning itself for future opportunities [3] - Tian Shun Co. announced that it has not participated in the Xinjiang railway project and will actively monitor market opportunities [4] - Century Rui Er confirmed that it has not yet engaged in the project as of August 11 [5]

Report Summary 1. Report Type and Date - Report Type: Stock Index Daily Review [1] - Date: August 12, 2025 [2] 2. Researchers - Nie Jiayi (Stock Index), Contact: 021 - 60635735, Email: niejiayi@ccb.ccbfutures.com, Qualification No.: F03124070 [3] - He Zhuoqiao (Macro Precious Metals), Contact: 18665641296, Email: hezhuoqiao@ccb.ccbfutures.com, Qualification No.: F3008762 [3] - Huang Wenxin (Macro Treasury Bonds and Container Shipping), Contact: 021 - 60635739, Email: huangwenxin@ccb.ccbfutures.com, Qualification No.: F3051589 [3] 3. Market Review and Outlook 3.1 Market Review - On August 11, the Wind All - A index oscillated upwards after opening, closing up 0.99%, with over 4000 stocks rising. Among index spot, CSI 300, SSE 50, CSI 500, and CSI 1000 closed up 0.43%, 0.03%, 1.08%, and 1.55% respectively, with small - and medium - cap stocks performing better. Index futures outperformed spot, with IF, IH, IC, and IM main contracts closing up 0.53%, 0.14%, 1.15%, and 1.73% respectively [6] 3.2 Outlook - External: US President Trump and Russian President Putin will meet in Alaska on August 15. Fed Governor Bowman supports three rate cuts this year and calls for a September start, boosting capital market sentiment [7] - Domestic: Ningde Times' mining end of the Jianxiakeng mining area stopped production at 12:00 on the night of August 9 with no short - term restart plan, causing the lithium mining sector to rise sharply. The Xinjiang sector benefited from the continued popularity of the Xinzang Railway concept. A - share trading volume increased, and the SSE Composite Index stood firm at 3600 points again. In the short term, stock indices are expected to be strong, with the SSE likely to break through last October's high, but whether it can hold depends on external market and fundamental conditions. Prudent investors can consider reducing positions and taking profits when the SSE reaches the previous high. The dumbbell strategy remains unchanged, with SSE 50 and CSI 1000 likely to perform better [7] 4. Industry News - The US Vice - President Vance said on August 10 that the US is coordinating a meeting between Russian President Putin and Ukrainian President Zelensky to discuss ending the conflict. Trump and Putin will meet in Alaska on August 15 [30] - Ant Group stated that it has never had a plan to co - build the world's first rare - earth RMB stablecoin with the People's Bank of China and China Rare Earth Group, warning the public to be vigilant against fraud [30]