The major A-share indexes fell collectively. As of the midday close, the Shanghai Composite Index fell 0.21% to 2964.25 points, the Shenzhen Component Index fell 0.47%, and the Chinext Price Index fell 0.08%. More than 3,100 stocks fell, and the turnover of the two markets in the first half of the day was 438.2 billion yuan, a decrease of 89.9 billion yuan from the previous day.

On the market, the real estate sector rose, with Centralcon Holdings and Guangzhou Pearl River Development Group Co., Ltd. both locked in limit-up status. Second-hand housing sales in June showed growth in both monthly and annual comparisons, and the photovoltaic and energy storage sectors rose. The power inverter direction led the way, with Shinetime Energy up by 20CM and Goodwe up by nearly 15%. Institutions indicated rapid demand in Southeast Asia and the Middle East markets. The intelligent online car-hailing concept stock remained active, with Shanghai Jin Jiang Online Network Service locked in four consecutive limit-up status, and Dazhong Transportation (Group) Co., Ltd. locked in three consecutive limit-up status. The banking sector rose collectively, with China Merchants Bank up over 3%, reaching a new high, and the Industrial and Commercial Bank of China up over 2%. Innovative drugs, travel concepts, planting industries and other sectors had the largest increase in the rise.

The consumer electronics sector fell, with the apple concept leading the way down. Jiebang Technology (Guangdong) Co., Ltd. fell more than 9%, and Huicheng Vacuum Technology Co., Ltd. fell more than 7%; Golden industrial concept continued to decline, with Shandong Yulong Gold Co., Ltd. falling more than 6% and SD Gold falling more than 5%. Coal industrial concept adjusted, with China Coal Xinji Energy Co., Ltd. falling more than 6% and Jinneng Holding Shanxi Coal Industry Co., Ltd. falling more than 4%; The cable high-speed connection, industrial metals and other sectors had the largest decline.

The real estate sector rose, with Centralcon Holdings locked in limit-up status.

Centralcon Holdings, Guangzhou Pearl River Development Group Co., Ltd., Zhuhai Huafa Properties Co., Ltd., Seazen Holdings Co., Ltd., 5i5j Holding Group Co., Ltd., and China Merchants Shekou Industrial Zone Holdings Co., Ltd. rose more than 7%, while Beijing Urban Construction Investment & Development Corp., Ltd., Shenzhen SDG Service Co., Ltd., Tande Co., Ltd., and Poly Developments and Holdings Group Co., Ltd. followed suit. In terms of news, recent market data from June 2024 shows that the second-hand housing market has experienced some positive changes. The trading volume showed growth in both monthly and annual comparisons, with second-hand housing trading volume in 70 cities increasing by 37% year-on-year, while 15 high-frequency monitoring cities increased by 24% year-on-year. In addition, the decline in second-hand residential transaction prices has also narrowed, with a cumulative decline of 6.4% since the beginning of the year, demonstrating that the market is gradually stabilizing.

The photovoltaic and energy storage sectors rose, with the power inverter direction leading the way.

Shenzhen Increase Technology Co., Ltd., Shinetime Energy, Jiangsu Boqian New Materials Stock Co., Ltd., Xizi Clean Energy Equipment Manufacturing Co., Ltd. were locked in limit-up status; Goodwe Power Supply Technology Co., Ltd. rose nearly 15%, Ginlong Technologies and GREL Technologies Co., Ltd. rose more than 12%, and Bringspring Science and Technology Co., Ltd., Ailu Energy Co., Ltd., Hope Run Technology Co., Ltd., Cloud Live Technology Group Co., Ltd. had the largest increase in the rise. In terms of news, the Ministry of Industry and Information Technology recently publicly solicited opinions on the "Normative Conditions for the Photovoltaic Manufacturing Industry (2024)." It proposed to guide photovoltaic companies to reduce pure capacity expansion of photovoltaic manufacturing projects, strengthen technological innovation, improve product quality, and reduce production costs. The minimum capital ratio for new and expanded photovoltaic manufacturing projects is 30%.

China Securities Co., Ltd.'s research report pointed out that from the end of the first quarter of this year, fast-growing household photovoltaic markets represented by India, household photovoltaic and energy storage markets represented by Pakistan, Southeast Asia, the Middle East and other markets have seen a rapid demand surge. The European market's shipments have completed the bottoming process, and some manufacturers have indicated that inventories have basically returned to normal, with subsequent growth gradually improving.

The intelligent online car-hailing concept stock remained active, with Shanghai Jin Jiang Online Network Service locked in four consecutive limit-up status.

Demai Shi rose by the daily limit of 20cm, Jinjiang Online hit its fourth consecutive daily limit, Dazhong Transportation hit its third consecutive daily limit, and iAT Automobile Technology rose by nearly 12%. Fujian Superpipe, Zhengzhou Tiamaes Technology, Hangzhou Great Star Industrial, and Sichuan Golden Summit performed the best in terms of stock price gains. On the news front, Vice Minister of Industry and Information Technology, Xin Guobin, stated at the 14th China Auto Forum today that China will accelerate the promotion and commercialization of high-level autonomous driving and intelligent connected vehicles.

Baidu stated that the latest (sixth) generation of unmanned vehicles from RoboSense has been connected to Baidu's Apollo ADFM big model. Baidu stated that autonomous driving, which has been reconstructed based on big model technology, is more than 10 times safer than human drivers and has a safety level comparable to China's large aircraft, the C919.

The consumer electronics sector declined, with the Apple concept leading the way.

Jiebang Technology fell more than 9%, Risuntek Inc. and Huicheng Vacuum Technology fell more than 7%, Zhejiang Crystal-Optech, Jones Tech PLC, Foxconn Industrial Internet, and Universal Scientific Industrial (Shanghai) Co., Ltd. all fell more than 5%.