A-Share Market Close: ChiNext Index down 0.83%; Electronic Chemicals and Memory Chip Sectors Rise

On June 4, all three major A-share indices declined collectively, with the Shanghai Composite Index falling by 0.64%, the Shenzhen Component Index down 0.27%, and the ChiNext Price Index dropping 0.83%. Total market turnover amounted to RMB 2.78 trillion, a decrease of RMB 374 billion from the previous trading day, with more than 4,100 stocks declining. In sector performance, electronic chemicals remained strong throughout the day, with Longchen Technology hitting the 30% daily trading limit during the session; DRAM spot prices have surged 3.5-fold over the past six months, driving strength in the memory chip sector, with Dawei Shares and several other stocks reaching their daily limits; the PCB sector rallied, led by Yidong Electronics and others hitting daily trading limits; coal, glass substrates, supercapacitors, and photolithography equipment sectors were among the top gainers. On the other hand, oil and gas...

Gelonghui FinanceJun 4 15:27

A-Share Market Close: All three major indices rose, with the Beijing Stock Exchange's BSE 50 Index gaining over 2%; MLCC and CPO-related stocks advanced.

Gelonghui, May 28 | China's three major A-share indices opened lower but rose throughout the day. As of market close, the Shanghai Composite Index gained 0.12% to close at 4,098 points, the Shenzhen Component Index rose 0.8%, the ChiNext Price Index climbed 1.96%, and the Beijing Stock Exchange 50 Index surged 2.55%. Total market turnover amounted to RMB 2.99 trillion, down RMB 272.6 billion from the previous trading day, with more than 3,000 stocks advancing. In sector performance, the MLCC segment rose sharply, with Fenghua High-Tech and Bojie Shares among multiple stocks hitting their daily trading limits; the CPO concept gained momentum in the afternoon session, with LianTe Technology and several others reaching their daily limits, while Zhongji Xuchuang rose over 7% to hit a new all-time high; the PCB sector also advanced, with Benchuan Intelligent and multiple other stocks hitting their daily limits; the lab-grown diamond segment rose

Gelonghui FinanceMay 28 15:03

Express News | A-Share Market Close: ChiNext Index Rises Nearly 2%; Over 3,000 Stocks Advance Across the Market

BreakingsMay 28 15:03

Baijiu stocks resumed their decline, with Jinzhongzi Jiu dropping more than 7% and Yingjia Gongjiu falling over 4%.

Gelonghui, May 28 | Baijiu stocks, which rose collectively in the A-share market yesterday, reversed into losses today. Jinzhongzi Jiu led the sector’s decline with a drop of over 7%, followed by Huangtai Winery falling more than 5%. Jinhui Jiu and Yingjia Gongjiu declined over 4%, while Yilite, Laobaigan Jiu, Tuopai Jiuye, Kouzi Jiao, and Shunxin Agriculture each fell more than 3%. Yanghe Shares, Luzhou Laojiao, Wuliangye, Tianyoude Jiu, Shanxi Fenjiu, and Jiugui Jiu all dropped over 2%.

Gelonghui FinanceMay 28 13:08

The baijiu sector rose, with Tmall reporting that 133 alcoholic beverage brands doubled their sales growth during the 618 shopping festival.

As demand for traditional banquet-style hospitality reaches its peak, whoever captures young consumers’ first taste of alcohol and women’s light-intoxication occasions will gain pricing power in the next round of industry consolidation.

lanjinger.comMay 27 17:32

Express News | Baijiu stocks rose against the market trend, with Shuijingfang hitting the daily trading limit.

BreakingsMay 27 13:11