A-share market opening quick report | Market affected by multiple factors! Indices open low, ChiNext falls nearly 1%, with over 4600 stocks declining.

On July 24th, the three major A-share indexes opened lower collectively. As of 9:42, the Shanghai Composite Index fell by 0.64%, the Shenzhen Component Index fell by 0.85%, and the ChiNext Index fell by 0.86%. In terms of the market, in the early trading session, the electric power equipment sector remained active, with Changlan Technology Group hitting a 4-day limit up, Guangdong Shaoneng Group hitting a 2-day limit up, Ceepower Co., Ltd rising more than 10%, and stocks such as Guangdong Xinyaguang Cable, Anhui ZhongDianXinLong Science and Technology, Fujian Nanping Sun Cable, and Beijing SOJO Electric following the uptrend. The military industry sector continued to strengthen against the trend, with companies like Anhui Greatwall Military Industry hitting a 2-day limit up, Hubei Huaqiang High-Tech, Jianshe Industry Group, Aerospace Nanhu Electronic Information Technology, Inner Mongolia First Machinery Group, Jianglong Shipbuilding, among others following the trend. In the overall market news, multiple factors may affect the market: 1. Domestically: On the evening of July 23rd, several heavy repurchase announcements were disclosed, including two storage industry giants with market capitalization over one trillion. Shenzhen Longsys Electronics and Montage Technology made moves that garnered high market attention. 2. Internationally: On Thursday, July 23rd, the market value of the "Magnificent 7" tech giants in the US evaporated by 797 billion USD, with the Mag 7 index dropping 4.8%, marking the largest single-day drop since the "Trum... Huaan: AI hardware will return to the uptrend, and now may be the best timing to enter in the second half of the year. Huaan believes that with emotions fully released, catalytic events such as the listing of Changxin Technology in the market, and the pace of the growth industry cycle, the rebound will continue and the magnitude can be expected. In terms of direction, the recent decline in the industry's leading shares is not related to fundamentals but mainly to emotional and transactional factors. The profit forecasts for technology companies in their mid-year reports indicate ongoing high growth momentum. Focusing on the midstream and upstream segments of the AI industry is still the core direction, especially after the recent rapid overselling, it now presents an excellent entry value. The industry's performance remains strong, even as the economic cycle weakens, the growth industry still has relatively advantages. The second phase of the performance-driven market, although it has seen significant gains... (Source: Tencent Stock Selection, Editor: Jiang Yuanhua)