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Intraday Quick Look | All three major Hong Kong stock indices fell more than 2%, with technology, internet and Apple supplier stocks all declining; NIO Inc. fell more than 7%.
Contract research organizations are showing strong momentum against the trend, with Tigermed and Wuxi AppTec up more than 4%; golden industrial concept is down, with Zijin Mining Group falling more than 4% and Zhaojin Mining falling more than 3%.
Behind the year-on-year increase in delivery volume of new forces in the first month of the second half of the year: Who is "covering one's ears to steal the bell"? Who is "in the top of the internal competition list"?
Li Auto Inc delivered 51,000 new cars in July, a year-on-year increase of 49.41%, reaching a historic high in monthly deliveries. Zero Run Auto ranked second with a delivery volume of 22,093. NIO Inc delivered 20,498 new cars, a year-on-year increase of 0.18%, maintaining sales of over 0.02 million cars for three consecutive months.
Express News | The Central Committee of the Communist Party of China held a symposium for non-party members on the current economic situation and economic work in the second half of the year, and **** presided over and delivered an important speech. (Xinhua News Agency)
Quick overview during the session: Three major indexes fell simultaneously, while contract research organizations strengthen against the market; Shanghai Dazhong Public Utilities skyrocketed by more than 30%, with a cumulative increase of over 120% in fou
The constituents of the Science and Technology Index saw a general decline, with East Buy falling nearly 4%, BYD Electronic and NIO Inc falling over 3%, and Sunny Optical and Xpeng falling nearly 3%.
Mid-day Quick View: Hong Kong stock market is in a volatile consolidation phase, and the Hang Seng Index is up more than 1%; network technology stocks are rising, with Alibaba up more than 4%.
Insurance stocks rose across the board, with AIA up more than 2%, Ping An Insurance and China Life Insurance up more than 1%; most lithium battery sectors were weak, with Ganfeng Lithium Corporation falling more than 5% and Tianqi Lithium Corporation falling nearly 4%.
Cui Dongshu: The retail sales of electric vehicles in the market in June showed a stable trend, with a year-on-year growth of 29% and a month-on-month growth of 6%.
On July 29th, Cui Dongshu, Secretary General of the China Passenger Car Association, stated that the retail sales of new energy vehicles in June were 0.855 million vehicles, a year-on-year increase of 29% and a month-on-month increase of 6%.