On Tuesday, A-shares opened lower collectively, with the Shanghai Composite Index down 0.06%, the Shenzhen Component Index down 0.2%, and the Growth Enterprise Market down 0.36%. After yesterday's sharp rise, the rare earth permanent magnet concept stocks experienced a pullback, while the photovoltaic and baijiu themes weakened; financial technology, marine transportation, data security, and lithium mining concept stocks were active.

Hong Kong stocks showed a mixed trend, with the Hang Seng Index opening lower but rising by 0.39%, while the Hang Seng Tech Index fell by 0.36%. Most large technology stocks fell, with Tencent Holdings falling more than 1%. Real estate and new energy vehicle sectors performed well. Xinyi Solar fell nearly 13%, leading the blue chips. Dida Chuxing made a low opening on the second day of its listing, with a drop of nearly 15%.

In A-share sectors, the brain-computer interface concept led the gains at the opening, with innovative medical management hitting the daily limit. Shares of Jiangsu Apon Medical Technology, Third Brain Science and Technology, Guanhao Biotech, and Nanjing Panda Electronics all opened high. In terms of news, the Ministry of Industry and Information Technology Brain-Computer Interface standardization Technical Committee released a plan for its establishment, and its work plan includes optimizing and improving the standardization roadmap, accelerating the development of key technical standards, and promoting standard promotion and implementation.

The digital currency concept also saw a rise in early trading.

Marine transportation stocks rebounded across the board, with COSCO Shipping Holdings up nearly 2%.

After yesterday's sharp rise, the rare earth permanent magnet concept saw a pullback today.

Photovoltaic glass stocks also weakened.

The photolithography concept also fell.

In terms of Hong Kong stock sectors, the coal and petroleum sector rose, with Yancoal Aus up nearly 7%, China Coal Energy and Yankuang Energy up more than 4%, and CNOOC up more than 3%. Real estate stocks also rose sharply, with Shimao Group up more than 8%. Bank stocks also strengthened.

Real estate stocks also rose sharply, with Shimao Group up more than 8%.

Bank stocks also strengthened.

The semiconductor sector experienced a pullback.

Bond futures

After yesterday's roller-coaster market, bond futures rebounded across the board today, with the 30-year block orders contract up 0.1%, the 10-year block orders contract up 0.02%, the 5-year block orders contract up 0.02%, and the 2-year block orders contract basically flat.

News:

China's assets see major bullish news! Several new energy vehicle companies' latest sales data far exceed expectation.

On the evening of July 1st, the latest sales data released by several Chinese new energy vehicle manufacturers far exceeded expectations. Among them, BYD's new energy vehicle sales in June were 341,700 units, up 35% year-on-year; Chongqing Sokon Industry Group Stock's June sales were 41,457 units, up over 631% year-on-year; Chinese new energy vehicle manufacturers listed on the Hong Kong and U.S. stock markets also disclosed very impressive sales data, with NIO delivering 57,373 vehicles in the second quarter, exceeding delivery guidance, and up 144% year-on-year. As a result, the share prices of new power vehicle companies rose across the board.

Central bank announces plan to borrow treasury bonds, setting the stage for new monetary policy tools.

On July 1st, the People's Bank of China issued a public announcement on open market operations, once again sending a strong signal of the need for rational "cooling" of the bond market, which is also seen as a "prelude" to the central bank buying and selling of treasury bonds. Unlike the market's previous judgment that the central bank would start by buying treasury bonds, current analysts generally believe that this "borrowing" of treasury bonds means that the central bank may first undertake the "selling" operation. "Previously, the central bank had mentioned many times that the long-term yield level was too low and that there was a concentration of institutional holdings risk, but currently, the central bank's holdings of treasury bonds remaining maturities are mostly 3 years or less, and the national debt borrowing operation may be a preparation for selling existing coupons." Zhou Guannan, chief fixed-income analyst at Huachuang Securities, said.

Brain-computer interface welcomes a major breakthrough, and the super blue ocean market is expected to open up!

According to McKinsey's calculations, the potential market size of global medical applications for brain-computer interfaces is expected to reach $40 billion in 2030 and $145 billion in 2040. Among them, serious medical treatment mainly for central nervous system diseases is expected to reach $15 billion in 2030 and $85 billion in 2040; consumer medical treatment mainly for emotion assessment and intervention is expected to reach $25 billion in 2030 and $60 billion in 2040.