--- title: "AH shares fluctuated and rose in the early session, Xiaomi opened up 8% hitting a new high, Xiaomi automobile concept stocks were active, and commodities and government bonds strengthened collectively" type: "News" locale: "en" url: "https://longbridge.com/en/news/246343802.md" description: "A-share Xiaomi automotive concept stocks strengthened, Hi-Tech rose over 18%, Electric Alloy rose more than 10%, Molded Technology and Kaizhong Co., Ltd. hit the daily limit. Hong Kong stock Xiaomi Corporation surged 8%, reaching a historic high, with the stock price standing above HKD 61. RWA concept stocks surged again, HYP-ARCH, CORUN, and AURORA hit the daily limit, while Longxin Group, Hengbao Co., LTD., Xiexin Energy Technology, and Sifang Jingchuang quickly surged" datetime: "2025-06-27T08:20:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/246343802.md) - [en](https://longbridge.com/en/news/246343802.md) - [zh-HK](https://longbridge.com/zh-HK/news/246343802.md) --- # AH shares fluctuated and rose in the early session, Xiaomi opened up 8% hitting a new high, Xiaomi automobile concept stocks were active, and commodities and government bonds strengthened collectively On Friday, June 27, the A-shares opened higher collectively, with the three major stock indices slightly rising in the morning. The Xiaomi automotive concept and industrial metals sectors strengthened, while diversified finance and other sectors were active. After opening higher, the Hong Kong stock market retreated, with the Hang Seng Index briefly turning negative. Xiaomi rose by 8%, reaching a historical high. The new consumption trio continued to adjust, with Lao Pu Gold dropping over 1%. In the bond market, government bond futures strengthened, and in the commodity sector, domestic commodity futures rose. Core market trends: > A-shares: As of the time of writing, the Shanghai Composite Index rose by 0.18%, the Shenzhen Component Index rose by 0.21%, and the ChiNext Index rose by 0.12%. > > > > **Hong Kong stocks**: As of the time of writing, the Hang Seng Index rose by 0.46%, and the Hang Seng Tech Index rose by 0.15%. > > > > **Bond market**: Government bond futures collectively strengthened. As of the time of writing, the 30-year main contract rose by 0.15%, the 10-year main contract rose by 0.05%, the 5-year main contract rose by 0.05%, and the 2-year main contract rose by 0.02%. > > **09:46** Water conservancy stocks fluctuated and strengthened, with Hanjian Heshan and Chengbang Co., Ltd. both hitting the daily limit, Guotong Co., Ltd. and Shenzhen Water Planning Institute rising over 5%, and Guanlong Energy-saving, Qinglong Pipe Industry, Sanhe Pile, and Qianjiang Water Conservancy also following suit. In terms of news, the General Office of the CPC Central Committee and the State Council issued opinions on comprehensively promoting river protection and governance, advancing the construction of flood control reservoirs, and accelerating the construction of flood retention areas; by 2035, a modernized flood control and disaster reduction system in river basins will be basically improved. **09:42** RWA concept stocks surged again, with HYP-ARCH, CORUN, and AURORA hitting the daily limit, while Longxin Group, Hengbao Co., LTD., Xiexin Energy Technology, and Sifang Jingchuang quickly surged. In news, the China Mobile Communications Association's Blockchain and Data Elements Special Committee is nationwide recruiting RWA ecological partners and will establish the "RWA Joint Laboratory." **09:26** The Shanghai Composite Index rose by 0.06%, the Shenzhen Component Index rose by 0.27%, and the ChiNext Index rose by 0.54%. On the market, Xiaomi automotive, computing power chips, and lidar concept stocks strengthened. Among the Xiaomi automotive concept stocks, Hi-Tech rose over 18%, Electric Alloy rose over 10%, and Moulded Technology and Kaizhong Co., Ltd. hit the daily limit. 09:20 The Hang Seng Index opened up 0.52%, and the Hang Seng Tech Index rose 0.35%. Xiaomi Corporation surged 8%, reaching a historic high with its stock price surpassing HKD 61. On June 26, Xiaomi held a comprehensive ecosystem launch event for its Mi people and car. The event featured many new products, including Xiaomi YU7, the foldable flagship MIX Flip 2, AI glasses, and wearable devices... The most anticipated was Xiaomi's first SUV--YU 7, which has three versions: the standard YU7 priced at 253,500 yuan, the YU 7 Pro at 279,900 yuan, and the Max version at 329,900 yuan. Within three minutes of going on sale, pre-orders exceeded 200,000 units. Citigroup stated that orders have exceeded most buyers' expectations and are likely to surpass the related expectations of southbound funds, which is positive for the stock price. Analysts Kyna Wong and others noted in their report that the orders for YU7 are beneficial in achieving Citigroup's target of 400,000 electric vehicle shipments for Xiaomi this year, and further expansion plans for electric vehicle production capacity may boost investor confidence. **09:01** Commodity futures opened, with coking coal main contracts rising over 3%, soda ash up over 2%, and polysilicon, iron ore, alumina, coke, international copper, Shanghai tin, No. 20 rubber, and caustic soda all rising over 1%. 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