Market Overview - The US stock market experienced significant declines on the first trading day of August, with the Dow Jones falling by 1.23%, the S&P 500 by 1.6%, and the Nasdaq by 2.24% [2] - The US non-farm payrolls for July increased by only 73,000, which was significantly below the economists' forecast of 100,000 [2] - Federal Reserve Chairman Jerome Powell indicated a cautious approach to interest rate cuts, affecting market sentiment [2] - Former President Trump announced adjustments to tariffs, with new rates ranging from 10% to 41%, adding further pressure to market sentiment [2] Commodity Market - International gold prices surged, with London gold rising by 2.22% and COMEX gold increasing by 2.01% [3] Company News: China Shenhua - China Shenhua announced it received a notification from its controlling shareholder, China Energy Investment Corporation, regarding a potential major asset acquisition involving coal and related assets [4] - The transaction will involve issuing shares and cash to acquire coal, pithead coal power, and other related assets, with specific details to be confirmed in future announcements [8] - China Shenhua's latest market capitalization is approximately 722.455 billion, with a projected net profit for the first half of the year between 23.6 billion and 25.6 billion [9] Upcoming Stock Unlocking - A total of 32 stocks will face unlocking next week, with a combined market value of 91.974 billion [11] - Notable unlockings include Runze Technology with 1.076 billion shares and a market value of 51.821 billion, and Jiangbolong with 155 million shares and a market value of 13.649 billion [12][13] - The average stock price of the unlocking stocks has increased by 3.01% since July, with Xicetest seeing a significant rise of 30.19% [16][17] Institutional Research - Several companies facing unlocking have recently been subject to institutional research, including Jiangbolong and Huayuan Pharmaceutical, which focus on high-tech pharmaceutical development [17][18] - Jiangbolong reported that the semiconductor storage market is expected to recover gradually starting from the second half of 2025, driven by demand from server OEMs and mobile storage capacity increases [18]