The A-shares rose in the morning session, the photolithography machine concept surged, the Hong Kong stocks fluctuated and declined, the three treasures of new consumption rebounded, LAOPU GOLD rose over 11%, and government bonds generally fell

On Monday, June 30th, the A-shares opened high in the morning, with all three major indices rising collectively. Military stocks were active, and the photolithography machine concept surged. The Hong Kong stock market fluctuated and retreated in the morning, with semiconductor stocks active, Apple concept stocks rebounding, and LAOPU GOLD rising over 11%. In the bond market, government bond futures collectively fell. In terms of commodities, domestic commodity futures mostly rose. Core market trends:

A-shares: As of the time of writing, the Shanghai Composite Index rose 0.18%, the Shenzhen Component Index rose 0.48%, and the ChiNext Index rose 0.71%.

Hong Kong stocks: As of the time of writing, the Hang Seng Index fell 0.49%. The Hang Seng Tech Index rose 0.13%.

Bond market: Government bond futures collectively fell. As of the time of writing, the 30-year main contract fell 0.31%, the 10-year main contract fell 0.11%, the 5-year main contract fell 0.09%, and the 2-year main contract fell 0.04%.

10:04

The new consumption concept in Hong Kong stocks rebounded, with LAOPU GOLD rising over 11%. Pop Mart and Mixue Group both rose over 1%, while Gu Ming and Brook rose over 4%.

09:56

Banking, brokerage, insurance, and other major financial stocks collectively weakened in the morning. Guosheng Financial Holdings and Aijian Group fell over 5%, with Xiangcai Co., Tianfeng Securities, Zijin Bank, Qingdao Bank, Suzhou Bank, China Pacific Insurance, and Tianli Technology also following suit.

09:45

LAOPU GOLD opened significantly high today, rising over 8% at one point in the morning, currently up 5.8%.

In terms of news, LAOPU GOLD's Singapore Marina Bay Sands store opened on June 21. According to an article mentioned by Wall Street Journal, JP Morgan analysts conducted an on-site survey of LAOPU GOLD's Singapore Marina Bay Sands store from June 23 to 24 and found its performance exceeded expectations. Specifically, the store in Singapore Marina Bay Sands has a steady flow of customers, a conversion rate of over 95%, processes 4-10 orders per hour, and the consumer profile aligns with the brand positioning. Additionally, the overall service and display standards of the store are comparable to flagship stores in first-tier cities in mainland China.

Shenwan Hongyuan stated that it is expected that LAOPU GOLD's first store in Singapore will achieve a sales efficiency that surpasses that of The Venetian Macao, becoming one of the top stores in the system. Furthermore, the product mix and pricing are generally similar to those in China, with the introduction of new gold crosses and opening discounts to further enhance consumer appeal. As a key validation of LAOPU GOLD's overseas expansion, the impressive performance of the Singapore store marks the official transition from a local market to a global brand strategy, and it is expected that the company will maintain steady expansion in the Southeast Asian market in the medium to long term, with promising overseas growth potential.

09:42

Hong Kong stocks in the semiconductor sector are strong, with Hua Hong Semiconductor up 5.6%, SMIC up 5.8%, and Shanghai Fudan up 4.3%.

09:40

Photolithography machine and photoresist concept stocks are collectively strong, with Blue Eagle Equipment, Kemet, and Changqing Technology hitting the limit up, Wavelength Opto-Electronics rising over 10%, and Guolin Technology, Jingrui Electric Materials, Industrial Bank Co., Ltd., and New Laiying Materials also following suit.

09:36

Military stocks continue to be active at the opening, with Morningstar Aviation and Hengyu Xintong rising over 10%, Great Wall Military Industry and Lijun Co., Ltd. rising over 5%, and Hangfa Power, Optoelectronics Co., Ltd., Tianqin Equipment, AVIC Shenyang Aircraft, China Shipbuilding Emergency, and China North Industries Group also rising.

09:33

Photovoltaic concept stocks are rising, with Oujing Technology hitting the limit up, Shuangliang Energy, Aiko Solar, and Daqo Energy rising over 5%, and Aina Energy, Tongwei Co., Ltd., Saiwu Technology, Flat Glass Group, and GCL-Poly Energy also following suit.

In the early session, the stablecoin concept is once again active, with GCL-Poly Energy hitting the limit up, Yuxin Technology and Hopu Co., Ltd. rising over 10%, and Jinyi Culture, Shenzhou Information, Dongxin Peace, and Lakala also following suit 09:26

The Shanghai Composite Index opened down 0.02%, the Shenzhen Component Index opened up 0.26%, and the ChiNext Index opened up 0.40%. The EDA, brain engineering, and photolithography machine sectors saw the largest gains, while the manganese silicon, dairy powder, and XPeng sectors experienced the largest declines.

09:21

The Hang Seng Index opened down 0.04%, the Hang Seng Tech Index rose 0.20%, with SMIC up over 3%, Tencent Music up over 2%, and Hua Hong Semiconductor up 1.9%. Xiaomi opened up 0.9%, after Lei Jun stated that Xiaomi's YU7 orders far exceeded the company's most optimistic expectations