Market Overview - On July 8, over 4,200 stocks rose, while 981 stocks fell, with 75 stocks hitting the daily limit up and 7 hitting the limit down. Market focus was on sectors such as PCB, electricity, photovoltaics, steel, and cross-border payments [1]. Stock Performance - Notable stocks included: - Huayin Power (600744): 6 days, 5 boards, price 7.37, +10.00%, with a trading volume of 2.685 billion [2]. - Liugang Co. (601003): 6 days, 5 boards, price 5.23, +10.11%, trading volume of 1.197 billion [2]. - Honghe Technology (603256): 6 days, 4 boards, price 22.28, +10.02%, trading volume of 844 million [2]. - Yamaton (002623): 5 days, 4 boards, price 24.62, +10.01%, trading volume of 1.026 billion [2]. - Jin'an Guoji (002636): 4 consecutive boards, price 13.72, +10.02%, trading volume of 835 million [2]. Sector Highlights - High-performing sectors included: - Electricity: Huayin Power and Huaguang Huaneng showed significant gains. - PCB: Companies like Honghe Technology and Jin'an Guoji were highlighted for their performance. - Solid-state batteries: Dadongnan and Ping An Electric showed strong upward trends [3]. Trading Activity - The top three net buying stocks on the Dragon and Tiger list were: - Zhongyou Capital: 254 million net buy [5]. - Chao Sheng Electronics: 153 million net buy [5]. - Yidong Electronics: 112 million net buy [5]. - The top three net selling stocks were: - Qingdao King: 147 million net sell [6]. - Yong'an Pharmaceutical: 109 million net sell [6]. - Zhongyi Technology: 89.6 million net sell [6]. Institutional Activity - Institutional net buying was led by Zhongyou Capital, with a net buy of 934.645 million [7]. - Other notable net buys included Meidi Xi and Sai Li Medical, with 658.448 million and 831.444 million respectively [7]. Company Financials - Zhongyou Capital reported a first-quarter revenue of 8.947 billion, down 7.77% year-on-year, and a net profit of 1.269 billion, down 26.57% year-on-year [12]. - Chao Sheng Electronics reported a first-quarter revenue of 1.466 billion, up 15.81% year-on-year, and a net profit of 41.7725 million, up 142.26% year-on-year [17].

Market Review - The A-share market showed a mixed performance last week, with the CSI 300, CSI 500, and Shanghai Composite Index yielding returns of 1.59%, 1.43%, and 1.39% respectively, while the Sci-Tech 50, ChiNext, and CSI 1000 indices had returns of -1.76%, 0.97%, and 0.97% respectively [5][11] - The total trading volume of major broad-based indices decreased last week, with the average daily trading volume also declining over the past month [13][14] - The food and beverage, coal, and non-ferrous metals sectors performed well, with returns of 6.24%, 4.97%, and 3.33% respectively, while the computer, electronics, and machinery sectors lagged behind with returns of -1.20%, -0.56%, and 0.11% respectively [15][16] Fund Issuance and Performance - A total of 34 new funds were established last week, with a total issuance scale of 17.807 billion yuan, which is a decrease compared to the previous week [3] - The number of funds reported for issuance last week was 36, consistent with the previous week, including 3 FOFs and 1 QDII [4][6] - The median return for alternative funds this year is 8.88%, while the median returns for active equity, flexible allocation, and balanced mixed funds are 7.24%, 4.34%, and 1.93% respectively [23][27] Fund Sales and Management - The top three fund sales institutions by equity fund retention scale are Ant Fund, China Merchants Bank, and Tiantian Fund, with scales of 738.8 billion yuan, 410.5 billion yuan, and 349.3 billion yuan respectively [8][9] - The total equity fund retention scale for the second half of 2024 is 48,518 billion yuan, an increase of 2.61% compared to the first half of 2024 [8][9] Digital Currency Integration - Huatai Fund has become the first public fund company to launch digital RMB payment services, aiming to provide a more convenient and efficient payment method for fund transactions [10][12] - The digital RMB payment service enhances user experience by improving fund circulation efficiency and ensuring fund security through traceability [12] Bond Market - The central bank's net reverse repurchase was 251.7 billion yuan last week, with a total of 777.9 billion yuan maturing [17] - The yield spread for different maturities of government bonds has widened by 2.33 basis points, with increases in yields for various credit bonds [18][19] Convertible Bond Market - The China Convertible Bond Index rose by 0.15% last week, with total trading volume of 385.4 billion yuan, a decrease of 7.9 billion yuan compared to the previous week [21]