Market Index Performance - The Hang Seng Index dropped 202 points or 0.8% to close at 24,998 points, affected by individual stock performance on the futures settlement day [1]. - The Shanghai Composite Index rose 43 points or 1.14% to close at 3843 points, while the Shenzhen Component Index rose 276 points or 2.25% to 12571 points, and the ChiNext Index rose 103 points or 3.82% to 2827 points. The STAR 50 Index rose over 7%, hitting a 3 - year high [2]. - The S&P 500 Index rose 20 points or 0.3% to 6,501 points, the Dow Jones Industrial Average rose 71 points or 0.2% to 45,636 points, and the Nasdaq Composite rose 115 points or 0.5% to 21,705 points, all hitting record - closing highs [2]. Central Bank Operations - The People's Bank of China conducted 416.1 billion yuan of seven - day reverse repurchase operations on the 28th, with an operating rate unchanged at 1.4%. With 253 billion yuan of reverse repurchases maturing, the net injection was 163.1 billion yuan [2]. - The central parity rate of the RMB against the US dollar was raised by 45 points to 7.1063, reaching the highest level since November 6 last year [2]. Company Performance - China National Offshore Oil Corporation's domestic natural gas daily output exceeded 100 million cubic meters, hitting a new high [3]. - Haier Smart Home (06690.HK) reported a 10.2% year - on - year increase in revenue to 156.469 billion yuan, a 10.6% increase in gross profit to 41.24 billion yuan, and a 15.6% increase in net profit to 12.033 billion yuan in the six - month interim results ending in June. It will pay a dividend of 2.69 yuan per 10 shares [3]. - China Feihe (06186.HK) reported a 9.4% year - on - year decrease in revenue to 9.151 billion yuan, a 17.8% decrease in gross profit to 5.635 billion yuan, and a 46.7% decline in net profit to 1 billion yuan in the six - month interim results ending in June. It will pay an interim dividend of 12.09 HK cents [3]. - ZTE Corporation (00763.HK) reported a 14.5% year - on - year increase in operating revenue to 71.553 billion yuan, but a 11.8% decline in net profit attributable to shareholders to 5.058 billion yuan in the six - month interim results ending in June. It will not pay a dividend [3]. - Li Auto - W (02015.HK) reported a 2% year - on - year decrease in revenue to 56.172 billion yuan, a 0.7% decrease in gross profit to 11.385 billion yuan, and a 2.8% increase in net profit to 1.743 billion yuan in the interim results ending at the end of June [4]. - BeiGene (06160.HK) reported a 44.5% year - on - year increase in revenue to 2.411 billion US dollars in the interim results ending at the end of June this year. It turned from a loss to a profit of 95.59 million yuan, compared with a loss of 372 million yuan in the same period last year. It will not pay a dividend [4]. Policy News - The Office of the United States Trade Representative announced the extension of the exemption period for the 301 investigation into China's actions, policies, and practices regarding technology transfer, intellectual property, and innovation. The original expiration date on the 31st was extended to November 29 [2].