AI server concept stocks were active in early trading, with Inspur Information hitting the daily limit.
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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%.
AI PC concept stocks surged, with Hongxi Technology hitting the 30cm daily limit.
According to Mars Finance, stocks of AI server and switch computing hardware continued to be active, driving a surge in AI PC concept stocks. Hongxi Technology hit its 30% daily limit, Thunderobot Technology rose over 15%, and Huaqin Technology, Huwei Intelligent, Yidao Information, and Lianyun Technology followed suit. (Cailian Press)
US-listed optical communications stocks fell across the board in early trading, with Coherent dropping nearly 6%.
According to data from Odaily Odaily, US-listed optical communications stocks fell across the board in early trading. Coherent fell nearly 6%, Corning fell nearly 5%, Lumentum fell nearly 4%, and Credo fell more than 7%.
Semiconductor stocks rallied in early trading, with CanSemi and Fudan Microelectronics rising over 10%.
Mars Finance reported on July 8th that the semiconductor sector rallied in early trading, with Cansun Semiconductor and Fudan Microelectronics rising over 10%, followed by VeriSilicon Holdings, Rockchip Technology, and Shengke Communication. (Science & Technology Treasure Broadcast)
The computing power leasing concept rebounded after fluctuations, with Wangsu Science & Technology rising nearly 15%.
According to Mars Finance, the computing power leasing concept stocks rebounded in early trading, with Wangsu Science & Technology rising nearly 15%, followed by Sangfor Technologies, Cloudwalk Technology, UCloud, Aofei Data, and Xiechuang Data. Galaxy Securities believes that computing power leasing companies are currently exploring a "token factory" cooperation model with large-scale model providers, gradually evolving from the underlying "selling resources" model to a "selling output" model. Computing power leasing companies will provide MaaS services and share the benefits of the token boom through a token-sharing profit model. (Cailian Press)
AI-related stocks generally fell in pre-market trading in the US, with MU down more than 5.43%.
According to data from Odaily Odaily, AI concept stocks generally fell in pre-market trading in the US, with MRVL down more than 4.73%, MU down more than 5.43%, AVGO down 1.92%, and NVIDIA down 1.47%. MSX is a leading RWA trading platform that has listed hundreds of RWA tokens, including popular US stock and ETF tokens such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.