On August 3, A-shares fluctuated lower during early trading, with the STAR 50 Index falling more than 4%, led by semiconductor stocks. Meanwhile, power-sector stocks—including those related to nuclear power, nuclear fusion, smart grids, and virtual power plants—surged against the broader market trend. Hong Kong stocks opened higher and continued to rise, with the Hang Seng Tech Index up 1.08% and Alibaba surging nearly 6%. Most domestic commodity futures fell, with polysilicon rising more than 6%, while coking coal, coke, iron ore, lithium carbonate, and crude oil were among the top decliners.