A-shares closed lower: All three major indices fell, with the Shanghai Composite Index down 1%.
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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%.
All three major U.S. stock indexes closed lower, with HOOD falling more than 3.62%.
PANews reported on July 8th that, according to Bybit data, all three major U.S. stock indexes closed lower: the Dow Jones Industrial Average fell 0.40%, the Nasdaq Composite fell 1.80%, and the S&P 500 fell 0.60%. Cryptocurrency stocks generally declined, with COIN (Coinbase) falling 3.51% and HOOD (Robinhood) falling 3.62%.
U.S. stocks closed lower across the board, with semiconductor, memory, and optical communication sectors leading the declines. The Philadelphia Semiconductor Index fell 4.65%.
According to BlockBeats, on July 8th, based on BIT (bit.com) market data, the US reinstated military strikes against Iran and oil sanctions. As a result, all three major US stock indices closed lower: the Dow Jones Industrial Average fell 0.25%, the Nasdaq Composite fell 1.16%, and the S&P 500 fell 0.45%. The semiconductor and memory sectors declined, with the Philadelphia Semiconductor Index falling 4.65%, and SpaceX falling nearly 7%, hitting a new low since its IPO. The memory sector saw the largest declines, with Western Digital (WDC) down 7.86%, Seagate Technology (STX) down 4.68%, Micron Technology (MU) down 4.71%, and SanDisk (SNDK) down 7.26%. Semiconductor stocks generally declined, with Lam Research (LRCX) down 6.87%, Applied Materials (AMAT) down 6.46%, Marvell Technology (MRVL) down 7.45%, KLA-Tec (KLAC) down 7.22%, AMD (AMD) down 6.51%, and Intel (INTC) down 9.66%. Optical communication concept stocks also faced pre-market pressure, with Astera Labs (ALAB) down 11.12%, Ciena (CIEN) down 3.44%, Coherent (COHR) down 6.43%, Lumentum (LITE) down 4.42%, and Corning (GLW) down 4.84%.
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)
All three major U.S. stock indexes closed higher, with HOOD rising over 4.92%.
PANews reported on July 7th that, according to Bybit data, the three major U.S. stock indexes all closed higher, with the Dow Jones Industrial Average up 0.43%, the Nasdaq Composite up 0.20%, and the S&P 500 up 0.51%. Cryptocurrency stocks generally rose, with COIN (Coinbase) up 1.97% and HOOD (Robinhood) up 4.92%.
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)