A-shares opened lower, the ChiNext Index fell 0.43%, computing hardware led the decline, pharmaceutical stocks rallied collectively, Hong Kong stocks opened higher, and new consumption continued its upward trend.

A-shares opened lower, with the Shanghai Composite Index down 0.15% and the ChiNext Index down 0.43%. Photovoltaics, lithium batteries, and computing hardware saw the largest declines; cultivated diamonds and superhard materials concepts pulled back. Pharmaceutical stocks rose collectively, with perovskite batteries leading the gains. Hong Kong stocks' three major indices opened higher: Hang Seng Index up 0.22%, Hang Seng Tech Index up 0.26%. New consumer concept stocks continued to rise, and biotech, automobile, and building material/cement stocks all increased. On the downside, photovoltaic stocks, paper stocks, and lithium battery stocks declined. Most bond markets rose, with the major 30-year contract up 0.05%, the major 10-year contract up 0.02%, the major 5-year contract up 0.02%, and the major 2-year contract flat. Commodities saw mixed movements, with the main crude oil contract up over 2%. 9:43 ChiNext Index narrows its decline to 0.43% 9:37 A-share pharmaceutical commercial stocks strengthened collectively: Hefuchina hit the board 11 times in 12 days, Renmintongtai 3 consecutive boards, Yaoyigou rose more than 15%. Shuyupingmin, Dashenlin, Saili Medical, etc. followed the gains. 9:35 ChiNext Index falls over 1%, STAR 50 Index down 1.6%, Shanghai Composite Index down 0.3%. Photovoltaics, lithium batteries, and computing hardware saw the largest declines. 9:30 Government bond futures mostly rose at opening. The major 30-year contract rose 0.05% to 116.400 yuan, the major 10-year contract rose 0.02% to 108.515 yuan, the major 5-year contract rose 0.02% to 105.955 yuan, and the major 2-year contract remained unchanged at 102.460 yuan. 9:27 China Convertible Bond Index opened down 0.07%. Dongshi Convertible rose nearly 10%, Yonggui Convertible up 8.8%; Zhenhua Convertible down 4.7%, Tianci Convertible down 3.8%. 9:25 Shanghai Composite Index opened at 3996.56 points, down 0.15%. Shenzhen Component Index opened at 13,240.70 points, down 0.36%. ChiNext Index opened at 3,122.58 points, down 0.37%. CSI 300 opened at 4,643.56 points, down 0.18%. STAR 50 opened at 1,377.15 points, down 0.75%. CSI 500 opened at 7,264.79 points, down 0.37%. CSI 1000 opened at 7,520.18 points, down 0.27%. 9:22 Hong Kong stocks opened higher: Hang Seng Index up 0.22%, Hang Seng Tech Index up 0.26%. Xpeng Motors rose over 2%, JD Health, Trip.com, NetEase and others rose over 1%; Nio fell over 4%, Alibaba fell over 2%. 9:16 The central parity rate of the RMB against the US dollar was reported at 7.0833, up 33 points; the previous day's rate was 7.0866, the previous official close at 7.1207, and last night's close at 7.1178. 9:00 Commodity futures opened, with the main crude oil contract rising over 2%. LU fuel oil, SHFE tin, iron ore, fuel oil, SHFE silver rose over 1%. Container shipping European line fell over 3%, polysilicon and coking coal fell over 2%, coke and rapeseed meal fell over 1%. FTSE China A50 Index futures rose 0.06% in early trading, last night's close rose 0.07%. Risk Warning and Disclaimer The market involves risks, and investment should be cautious. This article does not constitute personal investment advice, nor does it take into account individual users’ specific investment goals, financial situation, or needs. Users should consider whether any opinions, views, or conclusions in this article are suitable for their particular situation. You are responsible for any investment decisions made based on this.