News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
Shanghai and Shenzhen A-share Indices Open 0.5% to 1.4% Higher; Chip Stocks Advance; APPTEC (603259.SH) Opens Down Over 2%
The RMB central parity against the USD was set at 6.8147, up 51 bps MoM. The People's Bank of China conducted RMB153 billion of seven-day reverse repos today (9th), with the operat...
Reset
Send
The window will close in 5 seconds
Shanghai and Shenzhen A-share Indices Open 0.5% to 1.4% Higher; Chip Stocks Advance; APPTEC (603259.SH) Opens Down Over 2%
Close
Recommend
1
Positive
2
Negative
0
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

The RMB central parity against the USD was set at 6.8147, up 51 bps MoM. The People's Bank of China conducted RMB153 billion of seven-day reverse repos today (9th), with the operation rate unchanged at 1.4%; meanwhile, RMB200 million of reverse repos matured, resulting in a single-day net injection of RMB152.8 billion. The three major A-share indices opened 0.5% to 1.4% higher.

The Shanghai Composite Index opened up 18 points, or 0.46%, at 3,977. The Shenzhen Component Index opened up 171 points, or 1.16%, at 14,992. The ChiNext Index opened up 53 points, or 1.41%, at 3,865.

Related NewsInflation Rate MoM for May in China is -0.1%, lower than the previous value of 0.3%. The forecast was -0.2%.
Among financials, ICBC (601398.SH)  +0.150 (+1.989%)   and CCB (601939.SH)  +0.130 (+1.255%)   opened down 0.5% and 1.2%, respectively. Insurers CHINA LIFE (601628.SH)  +1.490 (+4.496%)   opened nearly 0.6% lower, while CHINA PACIFIC INSURANCE (601601.SH)  +0.960 (+3.043%)   opened flat. BYD Company (002594.SZ)  -1.580 (-1.719%)   opened roughly flat, while CONTEMPORARY AMPEREX (300750.SZ)  -11.000 (-2.753%)   opened 1.8% higher.

Chip stocks advanced. SMIC (688981.SH)  -1.960 (-1.540%)   opened 1.3% higher, and HUA HONG GRACE (688347.SH)  -5.590 (-2.458%)   opened nearly 3% higher. AI chipmaker CAMBRICON (688256.SH)  -39.010 (-3.072%)   opened 2.3% higher. Domestic GPU names METAX (688802.SH)  -10.980 (-1.557%)   and MOORE THREADS (688795.SH)  -8.190 (-1.330%)   both opened 1.9% higher. LQKJ (688008.SH)  -5.400 (-2.284%)   opened 4.1% higher. Optical fibre maker YANGTZE OPTICAL FIBRE (601869.SH)  -31.640 (-6.533%)   opened 3.1% higher. Memory chip firm GIGADEVICE (603986.SH)  -19.660 (-3.928%)   opened 4% higher.

APPTEC (603259.SH)  +3.560 (+3.808%)   stated that the US Department of Defense's designation of the company on the updated "Chinese Military Companies" list was erroneous, with its shares opening 2.2% lower.

Related NewsPPI YoY for May in China is 3.9%, higher than the previous value of 2.8%. The forecast was 3.9%.
N Gaote (301669.SZ)  -0.930 (-1.813%)   surged 7.99x on its trading debut, opening at RMB63.65.


A Shares quote is delayed for at least 15 mins
Auto-translated by AI
View Original Text
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.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.