The three major A-share indices fell collectively today. By the close, the Shanghai Stock Exchange Index fell 0.88%, the Shenzhen Securities Index fell 1.97%, the GEM Index fell 3.1%, the Beijing Stock Exchange 50 fell 0.66%, and the Science and Technology Innovation 50 Index fell 3.29%. The total market turnover was 1426.4 billion yuan, a decrease of 262.5 billion yuan from the previous day, and the total market volume fell by more than 4,400 individual stocks. In terms of sector topics, the oil and gas extraction and services, games, coal mining and processing, AI video, and education sectors registered the highest gains; wind power equipment, silicone, lithographers, batteries, storage chips, automobiles, and power grid equipment sectors registered the highest declines. On the market, the computing power hardware stocks with a high share of weight in the afternoon, Zhongji Xuchuang, Xinyisheng, and Tianfu Communications all fell by more than 5%, driving the index fluctuated and weakened. The wind power equipment sector also performed poorly. Daikin Heavy Industries fell to a standstill for two consecutive days, while Power Transmission and Xinqianglian fell by more than 10%. The battery sector continued to decline after initially rising, with Shengyang Co., Ltd., Jinyinhe, and Mustang Battery leading the decline. Furthermore, the performance of multiple sectors such as semiconductors, photovoltaic equipment, and automobiles was weak. On the other hand, application directions such as game media and AI video showed positive results. Stocks such as New Classics, Palm Reading Technology, and Gravity Media rose and stopped, and Xinhua Wenxuan performed the “top of the ground” in the intraday. Resource cycle stocks such as oil and gas and coal are also leading the way. Antai Group and Zhengzhou coal and electricity have risen and stopped, and CNOOC have flourished.
Zhitongcaijing · 2d ago
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The three major A-share indices fell collectively today. By the close, the Shanghai Stock Exchange Index fell 0.88%, the Shenzhen Securities Index fell 1.97%, the GEM Index fell 3.1%, the Beijing Stock Exchange 50 fell 0.66%, and the Science and Technology Innovation 50 Index fell 3.29%. The total market turnover was 1426.4 billion yuan, a decrease of 262.5 billion yuan from the previous day, and the total market volume fell by more than 4,400 individual stocks. In terms of sector topics, the oil and gas extraction and services, games, coal mining and processing, AI video, and education sectors registered the highest gains; wind power equipment, silicone, lithographers, batteries, storage chips, automobiles, and power grid equipment sectors registered the highest declines. On the market, the computing power hardware stocks with a high share of weight in the afternoon, Zhongji Xuchuang, Xinyisheng, and Tianfu Communications all fell by more than 5%, driving the index fluctuated and weakened. The wind power equipment sector also performed poorly. Daikin Heavy Industries fell to a standstill for two consecutive days, while Power Transmission and Xinqianglian fell by more than 10%. The battery sector continued to decline after initially rising, with Shengyang Co., Ltd., Jinyinhe, and Mustang Battery leading the decline. Furthermore, the performance of multiple sectors such as semiconductors, photovoltaic equipment, and automobiles was weak. On the other hand, application directions such as game media and AI video showed positive results. Stocks such as New Classics, Palm Reading Technology, and Gravity Media rose and stopped, and Xinhua Wenxuan performed the “top of the ground” in the intraday. Resource cycle stocks such as oil and gas and coal are also leading the way. Antai Group and Zhengzhou coal and electricity have risen and stopped, and CNOOC have flourished.
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