The three major A-share indexes fluctuated and rose, and the Shanghai Composite Index broke through the 3,600-point integer mark, continuing to hit a new high this year. On the market, Yaxia Hydropower Concept continued its daily limit wave, and 18 stocks including China Power Construction closed down. The securities, steel industry and other sectors are at the forefront of the increase list, and ship manufacturing, aerospace, power grid equipment, ultra- high voltage and other sectors perform poorly.
The big financial sector has made efforts to drive the index to rise rapidly in the short term. As of the midday closing, the Shanghai Composite Index rose 0.75% to 3608.58 points; the Shenzhen Component Index rose 0.31% to 11134.07 points; and the ChiNext Index rose 0.72% to 2327.48 points. The total transaction volume of the two markets was 1138 billion yuan.
On the capital side, the central bank conducted a 7-day reverse repurchase operation of 150.5 billion yuan today, with an operating interest rate of 1.40%, the same as before.
On the news front, Hong Kong Monetary Authority President Yu Weiwen posted a message to talk about stablecoins again. Yu Weiwen said that the heat and cooling of stablecoins in the market and society still need to be strengthened over the past month, and it is necessary to prevent excessive speculation of stablecoins by the market and public opinion. Yu Weiwen said that after the adoption of the Stablecoin Ordinance, the Hong Kong Monetary Authority immediately implemented the regulation and anti-money laundering guidelines for soliciting market opinions. It is currently appropriately adjusting the requirements of the guidelines based on the feedback and striving to announce them at the end of July.
The “Global RWA Data Industry Conference and Industry-university-Research [RWA Global Industry Alliance] Launched” event, guided by China Mobile Communications Federation and China Communications Industry Association and jointly initiated by multiple institutions, is scheduled to be held in Hong Kong , China on July 30 . One of the core missions of this conference is to promote the implementation of the ” Hong Kong RWA Global Industry Alliance”.