A-share precious metals sector jumped in the afternoon; Hunan Silver rose over 6%, while Xingye Silver-Tin, Chifeng Gold, Sichuan Gold and Xiaocheng Technology each gained more than 4%.

Key News 1. The Supreme People's Court and the Supreme People's Procuratorate revised judicial interpretations to intensify the punishment of insider trading and insider information disclosure crimes. 2. The China Securities Regulatory Commission (CSRC): Further intensify the punishment of securities and futures violations. 3. The Equipment Industry Department of the Ministry of Industry and Information Technology conducted supervision and inspections of relevant automobile manufacturers. 4. Two departments: Individuals who place assets into offshore trusts and obtain income through offshore trusts should declare and pay individual income tax in accordance with regulations. Stock News 1. Changxin Technology listed today. 2. CATL: Net profit of RMB 43.284 billion in the first half of 2026, a year-on-year increase of 41.98%; plans to repurchase company shares worth RMB 20 billion to 40 billion. 3. Demingli: Controlling shareholder Li Hu voluntarily committed not to reduce his holdings of company shares within 12 months. 4. Hikvision: Net profit of RMB 7.896 billion in the first half of 2026, a year-on-year increase of 39.57%. 5. JLCPCB: The final online subscription rate for its initial public offering (IPO) was 0.0218%. 6. Tianqi Lithium: Shehong Tianqi plans to subscribe for 79.2181 million newly issued shares of Sunwoda Power for 150 million yuan. 7. Shanxi Fenjiu: A cash dividend of 6.56 yuan per share will be distributed in 2025, with the record date being July 30th. 8. Hubei Energy: The second phase of the Jiangling Power Plant project has been fully completed and put into operation. 9. Lixin Energy: The company's stock price has recently seen a significant cumulative increase, and there is a risk of a rapid decline. 10. Shunna Shares: Conducting forward-looking technology research and product development to meet the requirements of AI computing centers and ultra-large data centers for power supply reliability and energy efficiency. 11. What is the situation regarding the rumored 7N-grade tungsten hexafluoride products and pricing system? China Shipbuilding Special Gas responded: There is currently no unified national standard for 7N-grade tungsten hexafluoride in China; it is delivered as 6N.

Hong Kong-listed auto stocks rose in the afternoon, with Xiaomi Group (01810.HK) up nearly 8.5%, Chery Automobile (09973.HK) up over 2%, and GAC Group (02238.HK), Leapmotor (09863.HK), BYD (01211.HK), Great Wall Motor (02333.HK) and others following suit.