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Express News | The electronic specialty gases concept continued to rise, with Zhongju Chip nearing a 20% daily trading limit and hitting a record high.
Express News | Shares of industrial gas companies surged amid market volatility, with CSSC Specialty Gas rising over 10% to hit a new all-time high.
Huante Gas (688268.SH): The company does not have tungsten hexafluoride synthesis capacity.
Gelonghui, June 12 — Huat Special Gases (SHA: 688268) stated on an investor interaction platform that, as of now, the company does not have tungsten hexafluoride synthesis capacity. It only supplies purified tungsten hexafluoride products to certain customers upon request, which accounts for a small portion of its business, and currently has no plans for related capacity expansion.
Express News | SSE STAR Market Close: STAR 50 Index Opens Higher but Ends Marginally Up 0.05%; Lithium Battery Sector Performs Strongly
Shares of some industrial gas companies listed on the A-share market plunged, with Huante Gas falling 16% and CSSC Specialty Gases dropping over 13%.
Gelonghui, June 12 | Shares of several industrial gas companies listed on the A-share market plummeted, with Huante Gas down 16%, CSSC Specialty Gases falling over 13%, Jinhong Gas declining more than 11%, Guanggang Gas and Shudao Equipment each dropping over 10%, Sanfu Chemical and XD Haohua Tech hitting the 10% daily trading limit down, Nanda Optoelectronics and Silane Technology falling over 8%, Hangyang Co., Ltd. down more than 5%, and Kemeite Gas declining over 4%.
A-Share Midday Review: Shanghai Composite Rises 1.56% to Reclaim 4,000 Mark; Approximately 4,600 Stocks Advance! Brokerage and Aerospace Sectors Lead Gains
Gelonghui, June 12 — The three major A-share indices rose significantly in the morning session. The Shanghai Composite Index gained 1.56%, reclaiming the 4,000-point mark, while the Shenzhen Component Index climbed 1.69% and the ChiNext Index advanced 1.27%. Stocks broadly rallied, with approximately 4,600 equities rising across the Shanghai, Shenzhen, and Beijing stock exchanges, and trading volume reaching RMB 2.07 trillion in the first half of the day. In market sectors, large financial stocks surged, with the securities sector posting strong gains; Zhongyin Securities hit its daily trading limit. SpaceX is set to list tonight, triggering a rally across aerospace stocks—Chenxi Aviation, Zhongtian Rocket, and Aero Engine Technology all reached their daily limits. Meanwhile, industrial gas-related stocks corrected: Haohua Technology fell by its daily limit, while Huante Gas and CSSC Special Gases dropped more than 10%.