A-shares closed lower: The ChiNext index opened lower and continued to decline, falling 3.84%, with non-ferrous metals and PCB sectors experiencing a collective correction.
Related
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%.
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%.
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 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. stock index futures opened slightly lower.
According to ChainCatcher, Gate market data shows that U.S. stock index futures opened slightly lower on Wednesday.