July 29 A-share market pre-opening news

Mars Finance News. On July 29, pre-market A-share headlines for July 29:

1. The Central Cyberspace Administration, together with the cyberspace administrations of Beijing, Shanghai, Zhejiang, and Shenzhen, and with five leading large-model enterprises, jointly launched the “Artificial Intelligence Large Model IPv6 Capability Enhancement Special Action” in the Xiong’an New Area. This special action lasts for one year, focusing on strengthening large-model IPv6 large-scale application capabilities, driving large-model applications to ramp up IPv6 adoption and attracting more traffic, improving the share of IPv6 access for large-model API calls, and promoting convergence and innovation between large models and IPv6. In addition, the Xiong’an New Area officially launched the IPv6 single-stack deployment action, and by 2030 newly built districts will achieve large-scale IPv6 single-stack operation across the board.
2. The Banking Wealth Management Registration and Custody Center released the “China Banking Wealth Management Market Semiannual Report (2026 H1)” on the 28th. The report shows that in 2026 H1, across China there were 100 bank institutions and 32 wealth management companies, which cumulatively issued 18.2k wealth management products, and cumulatively raised funds of 3.921 trillion yuan. In 2026 H1, wealth management products’ overall returns were steady, cumulatively generating 305.2 billion yuan in earnings for investors. In 2026 H1, the average annualized return rate for wealth management products was 2.05%.
3. Ministry of Finance, State Taxation Administration: adjust the municipal land use tax policies for certain energy resource industry enterprises.
4. The three major U.S. stock indexes finished mixed. The Dow rose 1.03%, the S&P 500 rose 0.22%, and the Nasdaq fell 0.22%. Optical communication and storage stocks fell sharply; SanDisk fell by more than 14%, Kioxia ADR fell by more than 13%, Corning fell by more than 12%, Coherent fell by more than 10%, SK hynix and Lumentum and Seagate Technology and Micron Technology and AMD all fell by more than 8%, Ciena and Marvell Technology and Credo fell by more than 7%, Western Digital fell by more than 6%, and Intel fell by more than 5%.
5. SK hynix’s second-quarter operating profit was 60.54 trillion won, compared with expectations of 64.22 trillion won. Second-quarter revenue was 79 trillion won, compared with expectations of 84 trillion won. In Q2, the average selling price (ASP) of DRAM chips rose by about 30% quarter over quarter. In Q2, the average selling price of NAND flash rose by about 50%~55% quarter over quarter. Seagate Technology’s revenue in its fourth fiscal quarter was $3.65 billion, up 48% year over year, compared with analysts’ expectation of $3.49 billion; adjusted diluted earnings per share (EPS) was $5.71, compared with analysts’ expectation of $5.08; adjusted operating margin was 44.6%, compared with analysts’ expectation of 41.9%. The company expects first fiscal quarter revenue of $4.0 billion–$4.2 billion, compared with analysts’ expectation of $3.79 billion.
6. Corning released its second-quarter results: core EPS was $0.78, up 30% year over year; the company expects third-quarter core sales of $4.9 billion to $5.0 billion, while the market expects $5.0 billion.
7. Tencent WorkBuddy is officially listed on the Hongmeng computer app market, becoming the first desktop office AI agent on the Hongmeng platform. WorkBuddy is Tencent’s ready-to-use full-scenario AI office agent, launched on March 9, 2026. According to Analysys data, in the month of WorkBuddy’s release, its monthly PC traffic reached 8.85 million, and by June 2026 it surpassed 20.97 million, which is 2.4 times the traffic from three months earlier (i.e., the month of its release).
8. Late on July 28, MSCI announced that Changxin Technology will be included in the MSCI China All Shares Index due to the listing of its new IPO shares, effective August 10. Previously, Changxin Technology listed on China’s A-share Sci-Tech Innovation Board on July 27.
9. JIC Ooara? (Mitsui?) (Intero?); [Pending translation].
10. According to JIJI? (Interact?).
11. Envisioning? (No: the source says: “中际旭创公告称……”); Jizhen?
12. According to the announcement by Accelink Technologies, chairman and president Sheng Liu proposed that the company use its own funds or funds raised to repurchase shares through centralized bidding, with the total repurchase amount not less than 4 billion yuan and not more than 8 billion yuan; the repurchase price shall not exceed 150% of the average share trading price of the 30 trading days prior to the board resolution; and the repurchase period shall be within 12 months from the date the board deliberates and approves the matter.
13. BOE A announced that its controlling shareholder and actual controller, Beijing Electronics Holding Co., Ltd., plans to increase its holdings of the company’s A shares through the Shenzhen Stock Exchange system via centralized bidding within 6 months from the date of the disclosure, with the increase amount not less than 0.5 billion yuan and not more than 1 billion yuan. The funds will come from the company’s own funds and self-raised funds. This share increase does not set a fixed price range, aiming to enhance investors’ confidence based on confidence in the company’s future development and recognition of its long-term investment value.
14. Cambricon: the company released its 2026 restricted stock incentive plan (draft), planning to grant 5 million shares of restricted stock to incentive recipients, representing 0.80% of the company’s total share capital, with a grant price of 750 yuan per share. The performance appraisal targets are: 2026 revenue of no less than 13.5 billion yuan; cumulative revenue for 2026–2027 of no less than 40.5 billion yuan; and cumulative revenue for 2026–2028 of no less than 100 billion yuan. (Kebao news release)