Bank of England Governor Bailey said equity valuations appear to have broadened beyond AI-driven optimism, and the risk of a sharp market correction remains high.

Key News 1. Unitree Robotics' IPO registration on the Science and Technology Innovation Board takes effect. 2. Pork prices rebound, returning to the 10 yuan era. 3. Tungsten ore index plunges nearly 7%; several listed companies respond: prices have slightly declined, but downstream demand has not changed significantly. Individual Stock News 1. Shenzhen Stock Exchange: Closely monitoring the trading of Zhonggong Education, and has taken regulatory measures such as suspending trading of relevant investors for abnormal trading behaviors that affect the normal trading order of stocks. 2. Sanhua Intelligent Control: Liquid cooling business is progressing smoothly, and bionic robots have become the third growth curve. 3. Shenzhen Huaqiang: The company is the general distributor of Huawei computing components (including Ascend and Kunpeng). 4. Defu Technology: Plans to raise no more than 2.8 billion yuan through private placement for a high-end electronic circuit AI copper foil project. 5. COSCO Shipping Holdings: Plans to repurchase company shares for 770 million to 1.54 billion yuan. 6. Hainan Haiyao: Preliminary statistics show a loss in the first half of the year, which is expected to result in negative net assets. 7. Bomin Electronics: Plans to raise no more than 300 million yuan through a private placement for projects such as printed circuit boards for 800G and above multi-channel products. 8. Yahua Group: Expects first-half net profit of 1.1 billion to 1.3 billion yuan, a year-on-year increase of 710.17% to 857.48%. 9. Hangjin Technology: First-half net profit expected to increase by 191%-308% year-on-year, with the intelligent computing power segment continuing its positive development as the main source of profit. 10. Rongbai Technology: Q2 net profit expected to increase by 662%-834% quarter-on-quarter, with the lithium manganese iron phosphate business operating at full capacity and sodium battery cathodes being shipped on a large scale. 11. Wanhua Chemical: Expects first-half net profit of 9.8 billion to 10.4 billion yuan, a year-on-year increase of 60.05% to 69.85%. 12. CVTE: Expects first-half net profit of 1.45 billion to 1.65 billion yuan, a year-on-year increase of 264.62%-314.91%. 13. Xinfengming: Net profit is expected to increase by 94.59% to 111.51% year-on-year in the first half of the year. 14. Hengli Petrochemical: Net profit is expected to increase by approximately 136.06% year-on-year in the first half of the year. 15. Zangge Mining: Net profit is expected to be RMB 3.55 billion to RMB 3.75 billion in the first half of the year, representing a year-on-year increase of 97.2% to 108.31%. 16. Lianhong New Technology: Net profit is expected to increase by 149%-168% year-on-year in the first half of the year, driven by increased production and sales of EVA, PO, PPG, and lithium-ion battery carbonate solvents. 17. Binhua Shares: Net profit is expected to increase by 208% year-on-year in the first half of the year, driven by significant price increases in its main products, propylene oxide, allyl chloride, and propylene, compared to the same period last year. 18. Baodi Mining: Net profit is expected to increase by 189%-210% year-on-year in the first half of the year, driven by increased sales of gold polymetallic ore powder from its subsidiary due to stronger international gold prices. 19. Shanghai Electric: The RMB 4.3 billion expansion project for high-end printed circuit boards supporting artificial intelligence chips is expected to begin trial production in the second half of the year and gradually increase capacity. 20. AMEC: Issued 5.1568 million new shares to raise supporting funds through a private placement of shares at a price of RMB 290.88 per share.

ECB Governing Council member Panetta: The outlook remains fragile.