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The ChiNext Index fell by more than 1%, while the fluorine chemical industry strengthened. The semiconductor sector dropped, with Heng Technology declining by over 1% and Huahong Semiconductor plunging significantly.
The three major indices of the A-share market collectively turned green, with the STAR 50 Index's decline widening to 2%, and the ChiNext Index falling by more than 1%. The fluorine chemical sector surged ahead strongly, driven by expectations of a significant increase in electronic-grade hydrofluoric acid prices in South Korea during June and July, acting as a core catalyst. CPO and short-form gaming stocks experienced an intraday rally. Power stocks suffered heavy losses, with several stocks nearing the daily limit-down. In Hong Kong, Huahong Semiconductor's stock price went on a roller-coaster ride following its earnings report, while Bilibili fell more than 4%.
Express News | The fluorine chemical sector opened significantly higher, with Binhua Co., Ltd. and Zhongxin Fluoromaterials Co., Ltd. hitting the daily price limit at the opening bell.
Express News | Midday Commentary: The ChiNext Index fell nearly 2% in the first half of the day, while the chemical sector bucked the trend and rose.
Express News | 10:30 AM Quick Review: Market Sentiment Diverges, Trading Volume Significantly Increases
Express News | The chemical sector demonstrated strong activity, with both Hongbaoli and Yonghe Shares hitting the price limit.
Express News | Yonghe Co., Ltd.: Meishan Binglong has reduced its stake in the company by 1.34%.