This article summarizes the daily market news and the author’s own trading records. The author also incurs losses; the stock market carries risks, please do not follow blindly!
01Summary in One Sentence
Science and Technology Innovation Growth Tier; pay attention to mid-term reports; large orders for robots; Trump’s tax increase
02News Summary
(1) In order to implement the China Securities Regulatory Commission’s “Opinions on Setting Up a Science and Technology Innovation Growth Tier to Enhance Institutional Inclusiveness and Adaptability,” and further deepen the reform of the Science and Technology Innovation Board, the Shanghai Stock Exchange released the “Self-Regulatory Supervision Guidelines for Listed Companies on the Science and Technology Innovation Board No. 5 – Science and Technology Innovation Growth Tier” and other supporting business rules on the 13th. The conditions for delisting existing companies remain “first-time profitability” to stabilize market expectations; the delisting threshold for new companies is higher, requiring “two consecutive years of net profits exceeding 50 million” or “one year of profitability and revenue exceeding 100 million” to accelerate technological commercialization. This news will not have much impact on the market tomorrow, it is basically just a notification.
(2) July 15 is the deadline for mandatory disclosure of mid-term report forecasts as stipulated by the Shanghai and Shenzhen Stock Exchanges. Eligible companies must announce significant performance changes before July 15, such as a performance growth rate of more than 50% in either direction. The closer to the deadline, the more concentrated the disclosures will be, and the more companies that are late in submitting their reports, so there will still be an impact next Monday.
(3) According to the China Mobile Procurement and Bidding Network, Zhiyuan and Yushu won large orders for robots. Procurement package 1 is for full-size humanoid biped robots, with a budget of 78 million yuan (including tax), awarded to Zhiyuan Robotics; procurement package 2 is for small-size humanoid biped robots, computing backpacks, and dexterous hands, with a budget of 46.05 million yuan (including tax), awarded to Yushu Technology. Humanoid robots are still developing steadily, and the sector’s stocks have also adjusted for a while. A short-term rebound is expected tomorrow, but this news cannot support a large-scale increase, so caution is advised for high selling and low buying.
(4) On the 12th local time, Trump announced that starting from August 1, the U.S. will impose a 30% tax on imported products from Mexico and the European Union. So far, Trump has sent a new round of tariff letters to 25 economies. Among the major trading partners of the U.S., except for Vietnam where the tariff has decreased by 26%, the tax rates of other countries have increased to varying degrees compared to April 3. The twilight of the empire, the U.S.’s global governance capability is increasingly declining, while the East rises and the West falls; the future still lies with China, and all of Trump’s blunders will long-term benefit China’s core assets.
03Analysis of Market Trends
Shanghai Composite Index: The trend is very strong, directly making a thirty-minute level adjustment without breaking the small line, continuing to push upwards. On Friday, it broke through the upper central line of the daily level, but unfortunately did not effectively stand above the daily level central line. From the thirty-minute level, it has gained support at the small line, and there is no divergence in the thirty-minute segment, nor is there divergence in the pen. Tomorrow, we will first look for a rebound. If a thirty-minute level rebound is formed, it will directly create an effective breakthrough of the daily level central line. If a thirty-minute level rebound cannot be formed, it will just be a few days of central oscillation at the upper edge of the daily level central line to consume pressure. The breakthrough structure at the daily level is well maintained, and we will continue to look for breakthroughs.
ChiNext Index: The trend completely aligns with last week’s analysis. After pulling back to the daily level central line, it formed a thirty-minute level central line, and subsequently broke through the thirty-minute level central line. Currently, it is in an upward trend of three central lines at the thirty-minute level. The central trend has no divergence, and the daily level still looks optimistic. As long as it does not break below the lower edge structure of the daily level central line, it can be considered a healthy adjustment.
