Midday Review: The ChiNext Index rose 1.58% in the morning session, with robotics concept stocks experiencing a collective surge.
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Midday Review: The ChiNext Index fell 3.47% in the morning session; non-ferrous metals and robotics concepts bucked the trend and strengthened.
According to Mars Finance, the market opened lower and fluctuated weakly in the morning session, with a clear divergence between the yellow and white lines, and heavyweight stocks showing weakness. The combined turnover of the Shanghai and Shenzhen stock exchanges in the first half of the day was 2.24 trillion yuan, a decrease of 177.9 billion yuan compared to the previous trading day. Hot sectors rotated rapidly, with over 3,200 stocks rising and over 100 hitting their daily limit. In terms of sectors, the humanoid robot concept performed actively, with over ten constituent stocks hitting their daily limit. Fulai New Materials achieved two consecutive daily limits, Fenglong Shares achieved two daily limits in three days, and Riying Electronics, Yingfeng Shares, and Fangzheng Motor also hit their daily limits. The non-ferrous metals sector strengthened, with Xianglu Tungsten, Chifeng Gold, Zhaojin Gold, and Shanjin International hitting their daily limits. The advanced packaging concept continued to recover during the session, with Qipai Technology hitting its 20% daily limit. On the downside, the semiconductor equipment sector continued to adjust, with North China Electronics hitting its daily limit down. The computing power hardware sector collectively declined, with Dongshan Precision hitting its daily limit down and Cambridge Technology touching its daily limit down. At the close, the Shanghai Composite Index fell 0.9%, the Shenzhen Component Index fell 2.09%, and the ChiNext Index fell 3.47%. (Cailian Press)
A-share midday review: The three major indices rose collectively in the morning session, with the semiconductor sector rebounding quickly after an initial dip.
Mars Finance reported on July 8th that the three major A-share indices rose collectively in the morning session. The Shanghai Composite Index rose 0.52% to 4011.05 points, the Shenzhen Component Index rose 0.08% to 15237.45 points, and the ChiNext Index rose 0.95% to 3949.04 points; the Beijing 50 Index fell 0.71%. The combined turnover of the Shanghai and Shenzhen stock exchanges was approximately 1.70248 trillion yuan, an increase of approximately 71.965 billion yuan compared to the previous trading day. By midday, 1886 stocks had risen and 3458 stocks had fallen, with 43 hitting their daily limit up and 11 hitting their daily limit down. In terms of sectors and themes, oil and gas exploration and services, precious metals, cloud computing, computer equipment, computing power leasing, tourism and hotels, semiconductors, and software development sectors led the gains; energy metals, batteries, motors, construction machinery, pork, photovoltaic equipment, and humanoid robot concept stocks led the declines. On the market, the semiconductor sector rebounded quickly after initially hitting a low, with Cansun Semiconductor hitting its 20% daily limit, and Huahong Grace Semiconductor and Shengke Communication reaching new historical highs. The computing power leasing sector performed strongly, with Wangsu Science & Technology and Sangfor Technologies both hitting their 20% daily limit, and Inspur Information opening at its daily limit after releasing its earnings forecast. DataPort and YunSai Intelligent also hit their daily limits. The precious metals sector rallied during the session, with Zhaojin Gold hitting its daily limit, and Xiaocheng Technology and Chifeng Gold following suit, after the People's Bank of China increased its gold holdings for 20 consecutive months. Oil and gas exploration, software development, tourism, and hotels also performed well. The new energy industry chain fell in the morning, with lithium mining and energy metals leading the decline. Rongjie Technology hit its daily limit, and Shengxin Lithium Energy, Tianqi Lithium, and Yongshan Lithium saw the largest declines. Humanoid robot concept stocks performed poorly, with Rifeng Precision Machinery and Estun hitting their daily limits during the session, and Greenland Harmonic falling by 10%. (Science and Technology Treasure Broadcast)
A-share midday review: The Beijing Stock Exchange 50 Index fell 1.36%, with significant intraday fluctuations in computing hardware stocks such as glass substrates, optical fibers, and PCBs.
Mars Finance reported on July 6th that the three major A-share indices opened mixed. At midday closing, the Shanghai Composite Index rose 0.08%, the Shenzhen Component Index fell 0.36%, and the ChiNext Index fell 0.51%; the Beijing 50 Index fell 1.36%. The combined turnover of the Shanghai and Shenzhen stock exchanges was approximately 2,206.256 billion yuan, an increase of approximately 146.55 billion yuan compared to the previous trading day. On the market, computing hardware stocks such as glass substrates, optical fibers, and PCBs experienced significant fluctuations during the session. Hangzhou Electric Co., Ltd. hit its daily limit down after releasing its earnings forecast, while Defu Technology and International Composite Materials fell by more than 10% intraday. Rainbow Co., Ltd., Lehman Optoelectronics, and Woge Optoelectronics also declined. The fluorochemical sector continued its correction, with Binhua Co., Ltd. hitting its daily limit down intraday, followed by declines in Zhongjuxin, Tianci Materials, and Yonghe Co., Ltd. In addition, sectors such as robotics, commercial aerospace, and rare earth permanent magnets also fell. On the other hand, pork stocks remained active, with Muyuan Co., Ltd., Wens Foodstuff Group Co., Ltd., and Tianbang Food Co., Ltd. all rising, following the return of pork prices to the "10 yuan era," a week-on-week increase of over 13%. Fueled by policy documents, the innovative drug sector continued its recent upward trend, with Gan & Lee Pharmaceuticals, Huahai Pharmaceutical, and Luoxin Pharmaceutical all hitting their daily limit. (Science & Technology Treasure Report)
A-shares closed lower: The ChiNext index rose initially but then fell back, closing down 1.7%, with robotics and lithium mining concepts experiencing a collective correction.
PANews reported on July 8th that, according to Cailian Press, the market experienced volatile adjustments, with all three major indices closing lower. The combined turnover of the Shanghai and Shenzhen stock exchanges was 2.56 trillion yuan, a decrease of 17.6 billion yuan compared to the previous trading day. Market hotspots were scattered, with over 3,700 stocks declining. In terms of sectors, the computing power leasing concept bucked the trend, with YunSai Zhilian, DataPort, Wangsu Science & Technology, Nanxing Shares, and 263 all hitting their daily limit. The AI server concept was active, with Inspur Information hitting its daily limit. Gold stocks fluctuated and rose, with Zhaojin Gold rebounding to its daily limit. The information security concept saw unusual upward movement, with Green Alliance Technology hitting its 20% daily limit and Zhongcheng Technology rising over 16%. On the downside, the humanoid robot concept fluctuated and adjusted, with Estun, Dayang Electric, and Rifeng Precision Machinery hitting their daily limit. The lithium mining concept collectively weakened, with Tianqi Lithium, Rongjie Shares, and Shengxin Lithium Energy hitting their daily limit. At the close, the Shanghai Composite Index fell 0.49%, the Shenzhen Component Index fell 1.87%, and the ChiNext Index fell 1.7%.
Midday Review: Shanghai Composite Index falls over 1%, dropping below 4000 points; Trading volume in both Shanghai and Shenzhen markets shrinks by over 570 billion yuan in the first half of the day.
According to Mars Finance, the market fluctuated and adjusted in the morning session, with the Shanghai Composite Index falling below the 4,000-point mark. The divergence between the yellow and white lines was obvious, with small and mid-cap stocks generally declining, and the micro-cap index falling by more than 3%. The combined turnover of the Shanghai and Shenzhen stock exchanges in the first half of the day was 1.63 trillion yuan, a decrease of 575.7 billion yuan compared to the previous trading day. Market hotspots were scattered, with over 4,700 stocks declining across the market. In terms of sectors, the semiconductor industry chain bucked the trend and strengthened, with semiconductor silicon wafer concepts performing actively, and Yanyou Silicon hitting the 20cm daily limit. The computing power chip concept fluctuated and rose, with Muxi Shares rising over 15%, and Wantong Development achieving two consecutive daily limits. The advanced packaging concept fluctuated and rebounded, with Dagang Shares and Huatian Technology hitting the daily limit. On the downside, the innovative drug concept fluctuated and declined, with Hainan Haiyao hitting the daily limit down. The non-ferrous metals sector weakened, with Huaxi Nonferrous Metals hitting the daily limit down, and Xiaocheng Technology, Hunan Baiyin, and many other stocks falling sharply. At the close, the Shanghai Composite Index fell 1.04%, the Shenzhen Component Index fell 1.02%, and the ChiNext Index fell 0.78%. (Cailian Press)
Hong Kong Stocks Midday Review: Hang Seng Index down 0.42%, Samsung concerns drag down memory semiconductors.
Mars Finance reported on July 7th that Hong Kong's three major stock indices rose in the morning but then continued to decline. By midday, the Hang Seng Index and the H-share Index were both down 0.42%, while the Hang Seng Tech Index fell 0.28%. The performance of heavyweight tech stocks, which had been rebounding , long. Kuaishou plummeted over 9%, JD.com fell over 1%, Meituan rose over 4%, and Tencent rose nearly 3%. Samsung's surged profits could not mask underlying concerns, leading to a sharp decline in memory semiconductor stocks. Southern Securities' double- long positions in Hynix and Samsung Electronics both plummeted over 19%, Montage Technology fell over 10%, and GigaDevice fell over 8%. PCB concept stocks, gold stocks, and photovoltaic stocks all fell; mobile game stocks and AI application concept stocks bucked the trend and were active. (TechStock Treasure Broadcast)