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

Express News | A-Share Midday Review: All three major indices traded lower in the morning session, while China Shipbuilding Group-related stocks rose against the trend.

BreakingsJun 4 11:34

A-Share Market Movement | The power equipment sector surged, with Daqo New Energy, China Power, Jintime Technology, and others hitting the daily trading limit.

Gelonghui, ****e power equipment sector in the A-share market surged significantly. Among the gainers, Daqo New Energy rose by the 20% daily trading limit, TGOOD jumped over 13%, Ainengju climbed more than 10%, China Shipbuilding Power and JINSHI Technology both hit the 10% daily trading limit, Zhejiang Hengwei advanced over 9%, Xiongteng Shares, Yingjie Electric, and Sinuo Chemical each rose over 7%, Kewell and Hiuvision gained more than 6%, and Baiyun Electric, Huashengchang, Hengrun Shares, Ronbay Technology, A&S Lithium, Sanxie Motor, and Hope Electric all increased by over 5%. In the first quarter of 2026, State Grid Corporation of China completed fixed-asset investments exceeding RMB 129 billion, an increase of 37% year-on-year. Of this, investment in new energy grid connection projects exceeded RMB 10 billion.

Gelonghui FinanceJun 4 11:25

Express News | Gas turbine stocks rose against the market trend, with China Shipbuilding Power Engineering Institute hitting the daily trading limit.

BreakingsJun 4 09:48

China Power (600482) 2025 Annual Report & 2026 Q1 Report Commentary: Profitability Continues to Improve; Gas Turbines Open New Growth Space

Event Description: China Power released its 2025 annual report and 2026 first-quarter report. In 2025, the company achieved revenue of RMB 57.8 billion, an increase of 11.81% year-over-year; net profit attributable to shareholders was RMB 13.01 billion, a decrease of 6.47% year-over-year. Based on this,

Changjiang SecuritiesMay 28 19:47

Express News | CITIC Securities: Power shortages remain the dominant theme for the year; continued positive outlook on the gas turbine industry chain

BreakingsMay 27 07:41