The ChiNext index rose 1% in the morning session before turning negative. Cybersecurity and computing hardware stocks rallied collectively, while the Hang Seng Index and Hang Seng Tech Index fluctuated higher, with most tech stocks rising.
On August 28, A-shares fluctuated upwards, with the three major stock indexes rising collectively in early trading. However, the Shenzhen Component Index and the ChiNext Index turned negative during the session. Previously, the ChiNext Index had risen by more than 1%. Stocks related to computing power hardware, AI office, and cybersecurity concepts rose, while copper clad laminates, optical circuit switches, HBM, and electronic fabrics all rose. Precious metals, coal, and vaccines were among the stocks that underwent adjustments.
Hong Kong stocks opened lower but rallied in the morning session, with the Hang Seng Index and Hang Seng Tech Index both turning positive. Most tech stocks rose, while chip stocks retreated somewhat. CPO concept stocks rallied, with Zhongji Xuchuang rising 5%. In the bond market, treasury bond futures fluctuated and fell. In commodities, most domestic commodity futures rose. Core market trends:
A-shares : As of press time, the Shanghai Composite Index rose 0.16%, the Shenzhen Component Index fell 0.08%, and the ChiNext Index fell 0.05%.
Hong Kong stocks : As of press time, the Hang Seng Index was down 0.14%, while the Hang Seng Tech Index was up 0.09%.
Bond Market : Treasury bond futures fluctuated and fell. As of press time, the 30-year main contract fell 0.10%, the 10-year main contract was unchanged, the 5-year main contract was unchanged, and the 2-year main contract rose 0.01%.
Commodities : Most domestic commodity futures rose. As of press time, crude oil rose more than 4%, while coking coal, low-sulfur fuel oil, soybean oil, coke, ferrosilicon, silver, and lithium carbonate rose more than 1%; pulp, zinc, and stainless steel fell more than 1%.
10:38
The ChiNext index fell and turned negative, after rising more than 1.3% earlier.
10:08
The computing power leasing concept fluctuated and strengthened, with Hongbo Co., Ltd. rising and hitting the daily limit, and Zhenshitong approaching the daily limit. Aikelan, Rike Chemical, Baolande, Jinji Co., Ltd., Dawei Technology and Wangsu Technology were among the top gainers.
09:52
The ChiNext index rose by more than 1%. Software, information security, and computing hardware sectors led the gains, with nearly 3,300 stocks rising across the Shanghai, Shenzhen, and Beijing stock exchanges.
09:49
The liquid-cooled server concept has repeatedly strengthened, with Kang Sheng Co., Ltd. hitting the daily limit for four consecutive days, Seagull Co., Ltd. hitting the daily limit for two consecutive days, Rongyi Precision rising by 14%, and Genesis, Aled, Southern Pump Industry, Hanbell Precision Machinery and others following suit.
PCB concept stocks fluctuated and strengthened, with Jinan Guoji hitting the daily limit for the second consecutive day, and Huazheng New Material, Hudian Technology, Ruifeng High-Tech Materials, Nanya New Material and Ping An Electric following suit.
09:45
Cybersecurity concept stocks fluctuated and rose in the morning session, with Qilin Xin'an hitting the 20% daily limit. Previously, Zhong'an Technology and Topsec Technology had hit the daily limit, and Qi An Xin rose by more than 15%. Sangfor Technologies, 360 Security Technology, Anheng Information, and NSFOCUS Technology were among the top gainers.
09:38
CPO concept stocks opened lower but rallied, with Mingpu Optoelectronics hitting the daily limit, and Guangku Technology, Shijia Photonics, Huilv Ecology, Star-Net Ruijie, and Deco Technology following suit.
09:26
The Shanghai Composite Index opened 0.16% lower, while the ChiNext Index fell 0.57%. Stocks related to smart grids, ultra-high voltage power transmission, photovoltaics, lab-grown diamonds, PCBs, CPOs, fintech, and innovative drugs weakened; while AI applications, cybersecurity, and lithium mining stocks strengthened.
09:21
The Hang Seng Index opened 0.61% lower, and the Hang Seng Tech Index fell 0.85%. Alibaba, Li Auto, NetEase, XPeng Group, and Baidu Group saw the largest declines.
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