On August 5th, the A-shares opened slightly higher, with all three major indices rising in the early session. PEEK material concept stocks were active, military stocks strengthened again, and sectors such as biotechnology and brokerage firms saw gains. The Hong Kong stock market also opened higher, with the Hang Seng Index and Hang Seng Tech Index strengthening in the early session, the biotechnology sector rising, and the military sector active. In the bond market, government bond futures collectively declined. In terms of commodities, domestic commodity futures showed divergence, with polysilicon rising over 2%, coking coal up 1%, while glass and lithium carbonate fell. Core market trends:

A-shares: As of the time of writing, the Shanghai Composite Index rose 0.39%, the Shenzhen Component Index rose 0.35%, and the ChiNext Index rose 0.33%.

Hong Kong stocks: As of the time of writing, the Hang Seng Index rose 0.15%, and the Hang Seng Tech Index rose 0.33%.

Bond market: Government bond futures collectively fell. As of the time of writing, the 30-year main contract fell 0.12%, the 10-year main contract fell 0.02%, the 5-year main contract fell 0.01%, and the 2-year main contract remained flat.

Commodities: Domestic commodity futures showed divergence. As of the time of writing, polysilicon rose nearly 3%, coking coal rose over 2%, the shipping index, rubber, and hot-rolled sheets rose over 1%, while rebar, industrial silicon, iron ore, and coke also increased. Glass fell over 1%, and eggs, red dates, pulp, ferrosilicon, and lithium carbonate declined.

09:44

The main contract for polysilicon futures expanded its intraday gain to 3%, reported at 49,930 yuan/ton.

09:39

In the early session, the military sector continued its strong performance, with Great Wall Military Industry hitting the daily limit, Northern Long Dragon rising over 10%, both stocks reaching historical highs, and CONSYS rising over 10%, with Aileda, Hengyu Xintong, Construction Industry, 712, and Tianjian Technology also following suit.

In terms of news, CITIC Construction Investment stated that the fundamentals of the military sector are beginning to accelerate recovery, with various catalysts, especially order announcements, expected to continue to be fulfilled in the first half of 2025. Meanwhile, new fields and new quality directions such as commercial aerospace and low-altitude economy may see accelerated industrial development in the second half of the year due to events like commercial rocket launches 09:38

Swancor Advanced Materials resumed trading today, briefly dipping into the red in the early session before soaring straight up, with the stock price exceeding 100 yuan.

On August 4th, Swancor Advanced Materials announced that the net profit attributable to shareholders of the listed company and the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses decreased compared to the same period last year, mainly due to an increase of approximately 11 million in overseas sales freight and commissions, a sharp rise of 11.76% in the exchange rate of New Taiwan Dollar to US Dollar in the second quarter, resulting in an exchange loss of approximately 7.68 million from overseas US Dollar accounts receivable, and an increase of approximately 5.72 million in testing expenses for recoverable product research and development, leading to a decrease in net profit compared to the same period last year.

09:34

PEEK material concept stocks opened higher, with Weike Technology rising over 10%, Nanjing Julong, New Han New Materials, Zhongxin Fluorine Materials, and Zhongyan Co., Ltd. rising over 5%, while Huami New Materials, Water Holdings, and Jusa Long also followed suit.

09:31

Government bond futures opened, with the 30-year main contract down 0.04%, the 10-year main contract down 0.01%, the 5-year main contract down 0.01%, and the 2-year main contract up 0.00%.

09:26

The Shanghai Composite Index opened up 0.15%, and the ChiNext Index rose 0.65%. AI hardware followed the rebound in US stocks, with CPO and high-speed copper connection concepts leading the gains, while Zhongji Xuchuang and Shenghong Technology rose over 3%; superhard materials and rare earth permanent magnet sectors generally strengthened, and military stocks remained active; the super hydropower concept was sluggish.

09:21

The Hang Seng Index opened up 0.05%, reporting 24,746.81 points; the Hang Seng Technology Index rose 0.15%. Kuaishou rose 2%, Horizon Robotics rose over 1%; Nio fell nearly 6%, and BYD shares fell over 3%.

09:01

Commodity futures opened, with the main contracts for coking coal, iron ore, and rapeseed meal rising over 1%. Glass fell over 2%, while fuel oil, asphalt, liquefied gas, caustic soda, LU fuel oil, crude oil, corn, and eggs fell over 1%.