AH shares all fell, the Shanghai Composite Index dropped by 1%, computing hardware stocks surged, the Hang Seng Index fell by more than 1%, tech stocks declined, government bonds rose, and commodities fell

On July 31, the A-shares opened lower, with the Shanghai Composite Index down 1%, and the ChiNext Index turning negative after briefly rising over 1%. Computing hardware stocks surged again, with optical modules and circuit boards leading the gains. The Hong Kong stock market opened lower and continued to decline, with the Hang Seng Index down over 1%. Automotive and tech stocks fell, with Nio down over 3% and MEITUAN down over 4%. The new consumption trio declined, and Lao Pu Gold dropped over 4%. In the bond market, government bond futures rose across the board. In terms of commodities, domestic commodity futures fell, with coking coal down over 6%. Core market trends:

A-shares: As of the time of writing, the Shanghai Composite Index is down 0.92%, the Shenzhen Component Index is down 0.63%, and the ChiNext Index is down 0.02%.

Hong Kong stocks: As of the time of writing, the Hang Seng Index is down 1.38%, and the Hang Seng Tech Index is down 1.06%.

Bond market: Government bond futures are up across the board. As of the time of writing, the 30-year main contract is up 0.53%, the 10-year main contract is up 0.13%, the 5-year main contract is up 0.06%, and the 2-year main contract is up 0.02%.

Commodities: Domestic commodity futures fell. As of the time of writing, coking coal is down over 6%, glass is down over 5%, silicon iron, lithium carbonate, industrial silicon, and soda ash are down over 4%, polysilicon and ferrosilicon are down over 3%, coking is down over 2%, and iron ore and stainless steel are down over 1%.

10:04

The Shanghai Composite Index's decline has widened to 1%, the Shenzhen Component Index is down 0.76%, and the ChiNext Index is down 0.19%, giving back over 1% from the morning session. Sectors such as steel, coal, precious metals, and aquaculture are leading the decline, with nearly 3,400 stocks in the Shanghai, Shenzhen, and Beijing markets falling.

09:56

The decline of the Hang Seng Index has widened to 1.4%, and the Hang Seng Tech Index is down 1%.

09:53

Cyclical stocks such as steel and coal are fluctuating lower, with BSU, Anyang Iron & Steel, JSHX, New Steel, and ANTAI GROUP down over 5%. JinKong Coal, Shanxi Coking Coal, Chongqing Steel, Hualing Steel, and SanGang MinGuang are also following the decline

09:49

Computing hardware stocks surged again, with optical modules and circuit boards leading the gains. Yuanjie Technology rose over 12%, Cambridge Technology hit the daily limit, Liante Technology increased over 8%, and Zhongji Xuchuang rose over 6%. Shengyi Electronics rose over 13%, and Fangbang Co., Huadian Co., Dongshan Precision, and others followed suit.

09:47

Industrial Fulian surged over 6%, with its stock price reaching a new historical high and a transaction amount exceeding 2.8 billion yuan.

09:46

Meituan's Hong Kong stock fell over 4%, hitting a new intraday low in more than two weeks, after Prosus began to reduce its holdings of Meituan's $4 billion shares.

09:41

The ChiNext Index rose over 1%, the Shanghai Composite Index fell 0.41%, and the Shenzhen Component Index rose 0.14%. Liquid-cooled servers, optical communications, PCBs, and memory chips led the gains, with over 2,800 stocks rising in the Shanghai, Shenzhen, and Beijing markets.

09:34

The innovative drug sector remained active, with Nanxin Pharmaceutical hitting the daily limit with a 20% increase, Qizheng Tibetan Medicine and Hanshang Group also hitting the daily limit, and Hite Bio, Anke Bio, Huisheng Bio, Zhendong Pharmaceutical, Tebao Bio, and Zhenbao Island rising over 5%.

In news, Shanghai Pharmaceuticals announced on July 30 that it has reached a significant licensing agreement with U.S. biopharmaceutical company Madrigal Pharmaceuticals, granting the latter global development, production, and commercialization rights for its oral GLP-1 receptor agonist SYH2086, with a total transaction value of up to $2.075 billion 09:31

The concept of AI intelligent agents is gaining strength, with Nanxing Co., Ltd. hitting the daily limit, and Yidian Tianxia, Lifan Holdings, Hengfeng Information, Puyuan Information, and Dingjie Smart Technology seeing significant gains.

09:31

Government bond futures opened, with the 30-year main contract up 0.22%, the 10-year main contract up 0.07%, the 5-year main contract up 0.04%, and the 2-year main contract up 0.02%.

09:21

The Hang Seng Index opened down 0.77%, at 24,982.87 points; the Hang Seng Tech Index fell 0.58%. Meituan dropped over 3%, BYD Co., Ltd. fell 1.6%, JD.com and Alibaba fell nearly 1%, and CATL dropped over 1% after earnings.

09:15

The decline in domestic futures continues to widen, with coking coal down 5.5%, the main contract for polysilicon down 4.5%, and glass, industrial silicon, and the shipping index (European line) down over 4%.

09:01

Commodity futures opened, with lithium carbonate, coking coal, and glass main contracts down over 4%, soda ash down over 3%, and shipping European line, industrial silicon, ferrosilicon, alumina, rebar, and BR rubber down over 2%. Crude oil and LU fuel rose over 1%