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【Introduction】Treasury bond futures rose across the board, while the stock market continued to be weak

China Fund News reporter Jiang You

This morning, stocks were weak and bonds were strong, the stock market continued to fluctuate and adjust, and treasury futures rose again.

At the close of the morning, the main A-share indexes fell, with the Shanghai Composite Index down 0.35%, the Shenzhen Component Index down 0.75%, the ChiNext Index down 1.01%, and the Science and Technology Innovation 50 Index down 0.92%. More stocks fell than rose, with 3,179 stocks falling and 1,844 stocks rising. The stock market turnover this morning was amplified, with a half-day turnover of 301.9 billion yuan, an increase of 13.1 billion yuan from yesterday morning.

In terms of industry sectors, media and entertainment, public transportation, Internet, and electricity had the highest increases, while chemical fibers, chemicals, construction machinery, agriculture, forestry, animal husbandry and fishery, and healthcare had the highest decreases.

Treasury futures rose across the board

The 30-year contract rose 0.92%

The bond market, which has attracted much attention recently, has seen significant fluctuations again. This morning, treasury bond futures rose sharply, with the main 30-year contract up 0.92%, the main 10-year contract up 0.37%, the main 5-year contract up 0.19%, and the main 2-year contract up 0.05%.

Leading company earnings release

Arowana and Shuanghui Development fell, while Foxconn Industrial Internet surged

Last night, many stocks disclosed their interim results. After the industry leaders such as Golden Dragon Fish and Shuanghui Development released their results, their share prices plummeted this morning.

Golden Dragon Fish fell 3.41% in the morning to 26.02 yuan, with the latest market value of 141.1 billion yuan.

On the evening of August 13, Golden Dragon Fish released its 2024 semi-annual report. In the first half of this year, Golden Dragon Fish achieved operating income of 109.478 billion yuan, net profit attributable to shareholders of listed companies was 1.097 billion yuan, and non-net profit was 161 million yuan.

Golden Dragon Fish said that the company's operating income in the first half of this year decreased compared with the same period last year, mainly because the impact of falling product prices exceeded the revenue contribution brought by sales growth; the sales volume of the company's kitchen food, feed raw materials and oil technology products all increased compared with the same period last year, but the prices of major products fell as the prices of major raw materials such as soybeans and soybean oil fell.

Meat products leader Shuanghui Development fell 4.29% in the morning to 22.53 yuan, with a latest market value of 78.1 billion yuan.

On the evening of August 13, Shuanghui Development released its semi-annual report. In the first half of this year, the company's total operating income was 27.672 billion yuan, a year-on-year decrease of 9.34%; the net profit attributable to the parent company was 2.296 billion yuan, a year-on-year decrease of 19.05%.

Benefiting from AI and its outstanding performance, Industrial and Commercial Internet of Things (ICBC) surged by more than 3%, with a total market value of 427.2 billion yuan.

According to the 2024 semi-annual report disclosed by Foxconn Industrial Internet, the company achieved revenue of 266.09 billion yuan in the first half of the year, a year-on-year increase of 28.69%; and achieved net profit of 8.74 billion yuan, a year-on-year increase of 22.04%, both of which were the highest in the same period since its listing.

In the first half of the year, the proportion of the company's AI servers in total server revenue increased to 43%, and revenue increased by more than 230% year-on-year.

Editor: Xiaomo

Review: Xu Wen

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