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<A Shrs>Three Major A-Share Indices Weaken at Midday; Shanghai Index Falls 0.6%; China Life Declines Over 5% Post-Results
The RMB central parity rate against the USD was set at 6.89056, down 145 bps from the previous day, marking the lowest since March 16. The People's Bank of China conducted a seven-...
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<A Shrs>Three Major A-Share Indices Weaken at Midday; Shanghai Index Falls 0.6%; China Life Declines Over 5% Post-Results
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The RMB central parity rate against the USD was set at 6.89056, down 145 bps from the previous day, marking the lowest since March 16. The People's Bank of China conducted a seven-day reverse repo operation of RMB224 billion today (26th), with the operation rate unchanged at 1.4%. With RMB13 billion of reverse repos maturing today, the net daily injection was RMB211 billion.

The three major A-share indices declined in the morning session. The Shanghai Index closed at 3,909 points at midday, down 22 points or 0.6%, with a turnover of RMB530.6 billion; the Shenzhen Component Index closed at 13,748 points, down 52 points or 0.4%, with a turnover of RMB694.3 billion; the ChiNext Index closed at 3,314 points, down 2 points or 0.07%, with a turnover of RMB312.25 billion.

Among Chinese bank stocks, Industrial and Commercial Bank of China (601398.SH)  -0.080 (-1.067%)   remained stable with a slight increase of 0.1%. China Construction Bank (601939.SH)  -0.160 (-1.702%)   fell 0.3%. China Life Insurance (601628.SH)  -0.500 (-1.385%)   dropped 5.2% after reporting a 44.1% YoY increase in net profit for 2025, proposing a dividend of RMB6.18 per 10 shares, and planning to invest RMB2.8 billion in the Xinrui Kechuang Relay Fund. Additionally, CATL (300750.SZ)  -4.170 (-1.079%)   rose 2.2% after opening lower. BYD (002594.SZ)  -1.210 (-1.222%)   fell 1.4%.

Solid-state battery concept stocks surged, with Haike New Energy (301292.SZ)  -1.770 (-2.066%)   and Zhongrui Shares (301587.SZ)  +0.270 (+1.087%)   rising 14.6% and 11.4%, respectively. Rongjie Shares (002192.SZ)  -0.990 (-1.389%)   and Shida Shenghua (603026.SH)  -0.820 (-1.015%)   both hit the limit up.

Chip stocks were generally weak, with SMIC (688981.SH)  +3.480 (+3.792%)   and Hua Hong Semiconductor (688347.SH)  +4.070 (+3.789%)   A-shares falling 1.6% and 3.2%, respectively. AI chip stock Cambricon Technologies (688256.SH)  +112.080 (+10.927%)   dropped 0.8%. Domestic GPU stocks Muxi Shares (688802.SH)  +16.000 (+2.719%)   and Moore Threads (688795.SH)  +5.120 (+0.884%)   fell 1.2% and 0.4%, respectively.

Hengrui Medicine (600276.SH)  -0.450 (-0.798%)   opened lower and continued to fall, down 2.7%, despite a 21.69% YoY increase in net profit last year. (ta/da)(A Shares quote is delayed for at least 15 mins.)



This article was automatically translated by AI, the Chinese 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.

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