Express News | Shanghai Hejing has established a new company, Xinjing Semiconductor.

BreakingsJun 16 15:48

Tao's Law Drives a New Paradigm in Semiconductor Evolution; Dual Memory Leaders Accelerate IPO Plans! China Merchants Semiconductor Equipment ETF (561980) Adjusts from High Levels

Gelonghui, May 26 | Following consecutive gains, semiconductor chip-related stocks collectively pulled back at today's market open. As of this report, Kingstone Microelectronics fell more than 8%, while Shengong Shares, Zhongjing Technology, Shanghai Hejing, and HU Silicon Industry all experienced significant declines. The ChinaAMC Semiconductor Equipment ETF (561980) dropped 3.65%, with intraday trading volume reaching approximately RMB 330 million, up from the same period yesterday. On the news front, the semiconductor equipment sector has been met with multiple catalysts. First, Huawei officially unveiled its 'Tau (τ) Law' at yesterday’s IEEE International Symposium on Circuits and Systems, proposing a new paradigm for semiconductor advancement based on 'temporal scaling' rather than 'geometric scaling.' Second, domestic memory

Gelonghui FinanceMay 26 10:48

Express News | The semiconductor industry chain experienced a significant pullback, and the STAR 50 Index rose sharply before retreating. Investors should monitor investment opportunities in products such as the E Fund STAR 50 ETF (588080).

BreakingsMay 21 18:40

Express News | STAR Market Closing Review: Innovative pharmaceuticals and robotics stocks rose against the market trend, while the semiconductor sector posted a broad-based plunge.

BreakingsMay 21 15:05

A-Share Market Close: Sharp Decline on Heavy Volume! All Four Major Indices Fell Over 2%, with Nearly 4,800 Stocks Declining Across the Market; Robotics and Autonomous Driving Stocks Rose Against the Trend

Gelonghui, May 21 – China’s three major A-share indices opened higher but declined throughout the day, accelerating their losses in the final trading hour. As of market close, the Shanghai Composite Index fell 2.04% to 4,077 points, the Shenzhen Component Index dropped 2.07%, the ChiNext Index declined 2.35%, and the STAR 50 Index plunged 3.7%. Total market turnover reached RMB 3.51 trillion, an increase of RMB 530.8 billion from the previous trading day, with nearly 4,800 stocks ending in negative territory. In sector performance, semiconductor and memory chip stocks tumbled, with Shanghai Hejing, Shengong Shares, and Aisen Shares all falling over 10%; helium and industrial gas-related stocks weakened, with Huante Gas down more than 13%; oil and gas stocks broadly declined, with Renzhi Shares hitting the daily trading limit down; telecommunications

Gelonghui FinanceMay 21 15:03

A-Share Market Movement | Shareholder Plans to Reduce Stake; Shanghai Hejing Drops 11.44% After Hitting a Record High with a 20% Limit-Up Yesterday

Gelonghui, May 21 — Shanghai Hejing (688584.SH), which surged by 20% yesterday to hit a record high, retreated 11.44% to close at RMB 28.48, giving it a total market capitalization of RMB 19.06 billion. In news, Shanghai Hejing announced a share reduction notice, stating that shareholder He Nan Jinggang Equity Investment Fund Management Co., Ltd. – Henan Xinggang Sunac Venture Capital Development Fund (Limited Partnership) plans to sell no more than 6.692 million shares, representing up to 1% of the company’s total share capital. It should be noted that the number of shares indicated for potential sale in the announcement does not represent the final actual number of shares to be sold.

Gelonghui FinanceMay 21 11:46