AH shares fluctuate and decline! The ChiNext Index falls by 1%, stablecoin concepts are active, the Hang Seng Index drops by 1%, Alibaba, JD.com, and Meituan all decline, government bonds rise, and commodities fall
Wallstreetcn·- On July 7, A-shares opened lower with the three major indices declining, while the Hong Kong market also saw a drop in the Hang Seng Index and tech stocks. - The bond market showed strength with government bond futures rising, and the commodity market experienced a retreat in domestic futures. - Notably, the stablecoin concept gained traction ahead of the upcoming regulations in Hong Kong, with several stocks in this sector seeing significant gains.