Market Overview - The Shanghai Composite Index rose by 0.23%, the Shenzhen Component Index increased by 0.58%, and the ChiNext Index gained 1.17% [1] - Over 3000 stocks declined, indicating a mixed market sentiment despite the activity in popular sectors [1] - The trading volume in both markets reached 1.29 trillion yuan, an increase of over 130 billion yuan compared to the previous trading day [1] Key Industry Developments - The first domestically produced nine-valent HPV vaccine, named Xinkening 9, has been approved for market release, expected to be priced at half the cost of Merck's version [2] - The popularity of the Scottish Premier League has surged, with average attendance exceeding 20,000 per match, surpassing the attendance of the Chinese Super League [2] - New consumer stocks in Hong Kong, including brands like Mixue and Laoputang, are experiencing collective adjustments, with significant sell-offs expected due to large unlocks [2] New Listings and Investment Opportunities - A new stock, Zhongce Rubber, listed today, saw a peak increase of over 20% during trading but closed with a gain of less than 7%, marking one of the lowest increases for new stocks this year [2] - Upcoming IPOs include Jiao Da Tie Fa, expected to list on June 10 with a projected increase of around 300% [2] - The China International Capital Corporation (CICC) is set to launch two REITs: the CICC Yizhuang Industrial Park REIT on June 10 and the CICC China Green Development Commercial REIT on June 13 [3][4] Fixed Income and Currency Insights - The current yield on ten-year government bonds is approximately 1.7%, with an expected range of 1.5% to 1.9%, while thirty-year bonds yield around 1.95% [9] - The offshore exchange rate is around 7.18, with key short-term levels identified between 7 and 7.5 [10]

Core Viewpoint - The market experienced a rebound with the ChiNext Index leading the gains, reflecting a mixed performance across various sectors and stocks [1] Group 1: Market Performance - The total trading volume in the Shanghai and Shenzhen markets reached 1.29 trillion, an increase of 137.4 billion compared to the previous trading day [1] - The ChiNext Index rose by 1.17%, while the Shanghai Composite Index increased by 0.23% and the Shenzhen Component Index rose by 0.58% [1] Group 2: Sector Performance - The computing power concept stocks saw a collective rebound, with CPO and other related sectors leading the gains, and Shenghong Technology reaching a historical high [1] - Stablecoin concept stocks showed strong performance, with Cuiwei Co., Ltd. hitting the daily limit [1] - Virtual power plant concept stocks were active, with Zhongdian Xinlong and others reaching the daily limit [1] - Consumer stocks experienced a collective adjustment, with Chao Hong Ji hitting the daily limit down [1] Group 3: Sector Gains and Losses - The sectors with the highest gains included CPO, football concept, power IoT, and stablecoin concepts [1] - The sectors with the largest declines included beauty care, food processing, beverage manufacturing, and CRO [1]