China Stock Market Review: All Three Indices Fall Over 1%, AI Concepts Perform Well, Cyclical Stocks Lead the Decline! More than 4,200 stocks fall, trading volume reaches 1.96 trillion yuan; institutional analysis
July 31 news, the stock market closed down as a whole, with all three indices falling over 1%. Sector-wise, assisted reproduction concepts continued to perform well, Anke Biotech (300009), Joint Pharmaceutical and Lidman (300289) rose 20cm, while AI-related concepts performed well, with liquid-cooled servers leading the charge. Medical stocks also saw significant gains, with South China Pharmaceutical and Anglican (002940) leading the way. Cyclical stocks led the decline, with steel stocks falling sharply.
As of closing, the Shanghai Composite Index fell 1.18%, the Shenzhen Component Index fell 1.73%, and the ChiNext Index fell 1.66%.
On the market front, liquid-cooled servers, AI applications, and assisted reproduction concepts saw significant gains, while energy metals, steel, and coal mining stocks fell sharply.
Hot sectors:
1. AI Applications
EasyPoint, Worth Buying (300785), and Ucloud (600588) saw significant gains.
2. Assisted Reproduction
Joint Pharmaceutical, Lidman, and Guangsheng Pharmacy (300436) saw significant gains.
News:
1. 【World Gold Council: Global gold demand reaches 1249 tons in the second quarter, up 3% year-over-year】The World Gold Council released its 2025 Q2 report on global gold demand trends, showing that despite high gold prices, global gold demand reached 1249 tons, up 3% from last year. ETF investment remained a key driver of gold demand, with inflows reaching 170 tons in the second quarter.
2. 【IDC: Predicts that global robot market size will exceed $4 trillion by 2029】IDC predicts that the global robot market size will exceed $4 trillion by 2029, with China accounting for nearly half of the market share and growing at a compound annual growth rate (CAGR) of around 15%.
3. 【Institutional Report: Predicts that China's new energy commercial vehicle exports will grow over 200% this year】A report by the China Automobile Industry Association predicts that China's new energy commercial vehicle exports will grow over 200% this year, driven by government policies and market demand.
Institutional Analysis:
The report notes that the "anti-internal cycle" policy has been helpful in curbing the low-level repetition construction in the chemical industry, while also promoting high-quality development. The report recommends focusing on product terminal demand recovery, industry concentration, and the development of industries with strong technological advantages.