The A-shares opened lower, the Shanghai Composite Index fluctuated and rose, the semiconductor sector was active, Hong Kong stocks fell, Baidu dropped over 3%, XPeng rose over 9%, and government bonds collectively rose

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A-shares opened lower, the Shanghai Composite Index fluctuated and rose in the morning session, the semiconductor sector was active, and the port sector corrected. The Hong Kong stock market’s Hang Seng Index and Hang Seng Tech Index opened lower and continued to decline, XPeng surged nearly 10%, while Baidu fell over 3%. In terms of commodities, the shipping index for Europe dropped over 4%. In the bond market, government bond futures rose across the board. Core market trends:

A-shares: As of the time of writing, the Shanghai Composite Index rose 0.02%, the Shenzhen Component Index fell 0.22%, and the ChiNext Index fell 0.44%.

Hong Kong stocks: As of the time of writing, the Hang Seng Index fell 0.43%, and the Hang Seng Tech Index fell 0.17%.

Bond market: Government bond futures strengthened, with the 30-year main contract rising 0.17%, the 10-year main contract rising 0.07%, the 5-year main contract rising 0.07%, and the 2-year…

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