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A-Share Three Major Indices Open 0.1% to 0.9% Higher; BYD Company (002594.SZ) Opens Over 2% Up
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Unitree Robotics completed its IPO review in just 73 days. The RMB central parity against the USD was set at 6.8187, down 20 bps MoM. The PBOC conducted RMB200 million of seven-day reverse repo operations in the open market today (2nd) at an unchanged rate of 1.4%. Meanwhile, RMB249 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB248.8 billion. The three major A-share indices opened 0.1% to 0.9% higher. The Shanghai Composite Index opened up 3 points, or 0.09%, at 4,061. The Shenzhen Component Index opened up 70 points, or 0.46%, at 15,410. The ChiNext Index opened up 36 points, or 0.92%, at 3,987. Among financials, ICBC (601398.SH) opened flat. CCB (601939.SH) opened down 0.2%. In the insurance sector, CHINA LIFE (601628.SH) opened down 0.4%, while CHINA PACIFIC INSURANCE (601601.SH) opened down 0.3%. In addition, BYD Company (002594.SZ) opened up 2.5%, after its May new energy vehicle sales rose 0.26% YoY. CONTEMPORARY AMPEREX (300750.SZ) opened up 1.2%. In semiconductor stocks, SMIC (688981.SH) opened up 0.4% and HUA HONG (688347.SH) opened up 0.9%. AI chip maker CAMBRICON (688256.SH) opened up 0.7%. Domestic GPU makers METAX (688802.SH) and MOORE THREADS (688795.SH) both opened flat. LQKJ (688008.SH) opened up 1.6%. Optical fibre maker YANGTZE OPTICAL FIBRE (601869.SH) opened up 0.4%. Memory chip maker GIGADEVICE (603986.SH) opened up 0.6%. (jl/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
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