The A-shares opened lower, with the ChiNext down 0.43%. Computing hardware led the decline, while pharmaceutical stocks collectively surged. The Hong Kong stocks opened higher, continuing the upward trend in new consumption

A-shares opened lower, with the Shanghai Composite Index down 0.15% and the ChiNext down 0.43%. Photovoltaics, lithium batteries, and computing hardware saw the largest declines; cultivated diamonds and superhard materials concepts corrected. Pharmaceutical stocks collectively surged, with perovskite battery direction leading the gains. The three major Hong Kong stock indices opened higher, with the Hang Seng Index up 0.22%, the Hang Seng Tech Index up 0.26%, and new consumption concept stocks continuing to rise, along with gains in biopharmaceutical stocks, automotive stocks, and building materials and cement stocks. On the downside, photovoltaic stocks, paper industry stocks, and lithium battery stocks fell. Most bonds rose, with the 30-year main contract up 0.05%, the 10-year main contract up 0.02%, the 5-year main contract up 0.02%, and the 2-year main contract unchanged. Commodity prices showed mixed results, with the main crude oil contract rising over 2%. 9:43 The decline in the ChiNext narrowed to 0.43% 9:37 A-share pharmaceutical commercial stocks collectively strengthened, with HeFu China hitting 11 boards in 12 days, Renmin Tongtai achieving 3 consecutive boards, and YaoYiGou rising over 15%. ShuYu PingMin, DaCanLin, and SaiLi Medical also followed suit. 9:35 The ChiNext fell over 1%, the Sci-Tech 50 Index fell 1.6%, and the Shanghai Composite Index fell 0.3%. Photovoltaics, lithium batteries, and computing hardware saw the largest declines. 9:30 Government bond futures mostly opened higher, with the 30-year main contract up 0.05% at 116.400 yuan, the 10-year main contract up 0.02% at 108.515 yuan, the 5-year main contract up 0.02% at 105.955 yuan, and the 2-year main contract unchanged at 102.460 yuan. 9:27 The China Convertible Bond Index opened down 0.07%. Dongshi Convertible Bond rose nearly 10%, Yonggui Convertible Bond rose 8.8%; Zhenhua Convertible Bond fell 4.7%, and Tianci Convertible Bond fell 3.8%. 9:25 The Shanghai Composite Index opened at 3996.56 points, down 0.15%. The Shenzhen Component Index opened at 13240.70 points, down 0.36%. The ChiNext opened at 3122.58 points, down 0.37%. The CSI 300 opened at 4643.56 points, down 0.18%. The Sci-Tech 50 opened at 1377.15 points, down 0.75%. The CSI 500 opened at 7264.79 points, down 0.37% The CSI 1000 opened at 7520.18 points, down 0.27%. 9:22 Hong Kong stocks opened higher, with the Hang Seng Index up 0.22% and the Hang Seng Tech Index up 0.26%. XPeng rose over 2%, while JD Health, Trip.com, and NetEase rose over 1%; Nio fell over 4%, and Alibaba fell over 2%. 9:16 The central parity rate of the RMB against the USD was reported at 7.0833, up 33 points; the previous trading day's central parity rate was 7.0866, and the previous trading day's official closing price was 7.1207, with the night session closing at 7.1178. 9:00 Commodity futures opened, with the main crude oil contract rising over 2%, and LU fuel oil, Shanghai tin, iron ore, fuel oil, and Shanghai silver rising over 1%. The shipping European line fell over 3%, while polysilicon and coking coal fell over 2%, and coke and rapeseed meal fell over 1%. The FTSE China A50 Index futures rose 0.06% in early trading, with the previous trading day's night session closing up 0.07%. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk