Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<A Shrs> Three Major A-Share Indices Open Mixed; Ping An Bank (000001.SZ) Jumps 3% Post Results; SMIC (688981.SH) Opens Higher
Recommend 2 Positive 2 Negative 1 |
||||
|
||||
|
US-Iran negotiations have reached an impasse. The central parity of RMB against USD was set at 6.8579, up 95 bps MoM, marking the highest level since March 24, 2023. The Peoples Bank of China conducted RMB218.5 billion of seven-day reverse repo operations in the open market today (27th), with the operation rate unchanged at 1.4%. With RMB500 million of reverse repos maturing today, the single-day net injection amounted to RMB218 billion. On the same day, RMB600 billion of Medium-term Lending Facility (MLF) funds matured. The PBOC will conduct RMB400 billion of one-year MLF operations, resulting in a net withdrawal of RMB200 billion. The three major A-share indices opened mixed. The Shanghai Composite Index opened at 4,074, down 5 points or 0.1%. The Shenzhen Component Index opened at 14,960, up 19 points or 0.1%. The ChiNext Index opened at 3,677, up 10 points or 0.3%. Among mainland bank stocks, ICBC (601398.SH) and CCB (601939.SH) opened down 0.4% and 0.2%, respectively. Ping An Bank (000001.SZ) opened 3% higher after reporting 1Q net profit of RMB14.523 billion, up 3% YoY. Meanwhile, BYD (002594.SZ) opened 0.5% higher, while CATL (300750.SZ) opened flat. Chip stocks opened mixed. SMIC (688981.SH) A-shares opened 2.1% higher. Hua Hong Semiconductor (688347.SH) A-shares opened down 0.6%. AI chipmaker Cambricon (688256.SH) opened down 0.2%. Moore Threads (688795.SH) opened 4.3% higher, swinging to profit in 1Q, with revenue surging 155.35% YoY. YOFC (601869.SH) rebounded, opening 2.7% higher this morning. ZTE (000063.SZ) opened down 1.6% after reporting 1Q net profit of RMB1.31 billion, down 46.58% YoY. (ta/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
