A-share midday review: The three major indices rose collectively in the morning session, with the semiconductor sector rebounding quickly after an initial dip.
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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%.
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)
A-shares opened lower: All three major indices opened lower, with the Shanghai Composite Index down 0.54%, led by semiconductor and chip stocks.
Mars Finance News, July 7th: At the opening of the A-share market, the Shanghai Composite Index fell 0.54% to 4019.49 points, the Shenzhen Component Index fell 0.46%, and the ChiNext Index fell 0.44%. Semiconductor and chip stocks led the decline, with memory and advanced packaging sectors also experiencing significant drops. Building materials and precious metals sectors were weak; the construction machinery sector performed strongly. (Science and Technology Treasure Broadcast)
Midday Review: The ChiNext Index rose 1.58% in the morning session, with robotics concept stocks experiencing a collective surge.
According to Mars Finance, the market rallied in the morning session, with the ChiNext index showing strength. The combined turnover of the Shanghai and Shenzhen stock exchanges was 2.06 trillion yuan, a decrease of 182.3 billion yuan compared to the previous trading day. Hot sectors rotated rapidly, with over 3,500 stocks rising. In terms of sectors, the robotics concept surged, with over twenty constituent stocks hitting their daily limit. Estun achieved three consecutive daily limits in four days, Riying Electronics achieved two consecutive daily limits, and Wolong Electric Drive, Shoukai Shares, and many other stocks also hit their daily limits. The gold concept continued its strong performance, with Zhaojin Gold and Chifeng Gold achieving two consecutive daily limits, and Sichuan Gold, Western Gold, and Shanjin International all hitting their daily limits. The PCB concept rebounded after fluctuations, with Shennan Circuits hitting its daily limit. The power grid equipment sector strengthened, with Huaming Equipment, Jinzhi Technology, and Zhongyuan Shares hitting their daily limits. On the downside, the semiconductor materials sector fluctuated and declined, with electronic specialty gases and photoresist sectors leading the decline. Duofuduo and Jianghua Microelectronics touched their daily limits. At the close, the Shanghai Composite Index rose 0.69%, the Shenzhen Component Index rose 1.39%, and the ChiNext Index rose 1.58%. (Cailian Press)
A-shares closed lower: The ChiNext index rose initially but then fell back, closing down 1.77%, while the pharmaceutical and coal sectors bucked the trend and strengthened.
PANews reported on July 6th that, according to Cailian Press, the three major indices all closed lower, with the ChiNext index showing weakness, while the STAR Market 50 index rebounded after hitting a low. The combined turnover of the Shanghai and Shenzhen stock exchanges was 3.09 trillion yuan, a decrease of 91.3 billion yuan from the previous trading day. Market sentiment was mixed, with over 3,500 stocks declining. In terms of sectors, the pharmaceutical sector strengthened, with Luoxin Pharmaceutical hitting the daily limit and Shouyao Holdings reaching a 20% daily limit. The liquid-cooled server concept was active, with Dayuan Pump Industry, Hongsheng Shares, and Seagull Shares hitting the daily limit. The switch concept strengthened intraday, with Feiling Kesi hitting a 20% daily limit, Ziguang Shares hitting the daily limit, and Xingwang Ruijie achieving four daily limits in five days. The lab-grown diamond concept saw intraday fluctuations, with Huanghe Whirlwind achieving two daily limits in three days. The pork concept fluctuated higher, with Juxing Agriculture and Animal Husbandry hitting the daily limit. The coal sector rallied at the close, with Haohua Energy hitting the daily limit. On the downside, PCB stocks fluctuated and weakened, with China Jushi hitting the daily limit down, and International Composite Materials and Defu Technology falling by more than 10%.