AH stocks rise, Hang Seng Index up more than 1%, semiconductor sector strengthens, while non-ferrous metals continue to decline
AH shares in the semiconductor sector, TECHSEM hit the daily limit up, while lithium battery and innovative pharmaceutical concept stocks also strengthened. Non-ferrous metals, education, and ST sectors led the decline. Hong Kong stocks opened higher and continued to rise, with the Hang Seng Index and Hang Seng Technology Index up more than 1%. Government bond futures rose. Qatar's sovereign wealth fund has agreed to purchase a 10% stake in Huaxia Fund
On Wednesday, A-shares opened slightly lower but quickly strengthened, with the Shenzhen Component Index up 0.36% and the ChiNext Index up 0.7%. The commercial aerospace, semiconductor, and car networking sectors showed strength. Non-ferrous metals and education sectors led the decline; themes such as lithography machines, superconductors, and photovoltaic glass performed poorly.
Hong Kong stocks opened higher and continued to rise, with both the Hang Seng Index and the Hang Seng Tech Index up more than 1%, while Wharf Real Estate Investment and China Resources Land rose nearly 2%; the Hang Seng China Enterprises Index rose 0.19%. The Hang Seng Tech Index rose 0.03%, with JD.com and Alibaba up 1%.
In terms of A-share sectors, the ST sector continued to decline, with nearly 40 stocks such as *ST Renle, ST Jingang, and ST Changkang hitting the limit down.
The education sector continued its decline from yesterday, with China Public Education falling nearly 10% today.
Concept stocks related to smart grid adjusted at the opening, with Zhongzhi Technology hitting the limit down, and Sanyou Lianzhong, Jinli Huadian, Tongguang Cable, Daye Intelligent, Jiusheng Electric, etc., all opening lower.
Car networking concept stocks performed strongly, with Jinyi Technology hitting the limit up for two consecutive days, Zhongwei Electronics up more than 15%, Zhonghaida, Wanji Technology, Siwei Tuxin, Guangting Information, etc., all opening higher. In terms of news, four departments are orderly carrying out pilot projects for the access and on-road passage of intelligent connected vehicles.
The commercial aerospace sector rose in the morning, with Zhonghaida 20CM hitting the limit up.
The automotive sales sector continued to rise, with Shenhua Holdings hitting the limit up for five consecutive days, Zhongqi Stock up more than 12%, Guanghui Auto, Dezhong Auto, Haowu Stock, etc., following the uptrend.
The semiconductor sector surged in the morning, with Techsem hitting the 20CM limit up.
In the Hong Kong stock sector, the semiconductor sector strengthened, with Huahong Semiconductor and Sunny Optical Technology rising more than 4%.
The biopharmaceutical sector continued its upward trend from yesterday, with BeiGene rising nearly 5%.
Non-ferrous metals and precious metals continued to decline, with Minmetals Resources falling nearly 4%.
Government bond futures collectively rose
On Wednesday, government bond futures opened with a collective rise, with the main contract for the 30-year period rising by 0.14%, the main contract for the 10-year period rising by 0.06%, the main contract for the 5-year period rising by 0.02%, and the main contract for the 2-year period rising by 0.01%.
Market News
Qatar's sovereign wealth fund has agreed to purchase 10% of Huaxia Fund
According to Reuters, Qatar's sovereign wealth fund has agreed to purchase a 10% stake in China's second-largest public fund company, Huaxia Fund. "According to sources, the Qatar Investment Authority has agreed to purchase shares of Huaxia Fund from Primavera Capital." Earlier, CITIC Securities announced that it agreed to transfer 10% of Huaxia Fund's equity to the third largest shareholder, Tianjin Haipeng (Primavera Capital is the actual controller of Tianjin Haipeng) at a price not less than $490 million. If this transaction goes through, the Qatar Investment Authority will become the third largest shareholder of Huaxia Fund Rare! Over 480,000 Containers Waiting at Peak Times, Major Port Faces "Ship Congestion"! Global Shipping Prices Soar Together
On Monday local time, global shipping giant Maersk Group stated that due to strong demand in the container market and ongoing chaos caused by the Red Sea crisis, there are signs of further congestion at ports globally, especially in Asia and the Middle East. Singapore, one of the busiest ports in the world and a major transshipment hub in Asia, has recently attracted industry attention due to congestion at its port. According to a recent report from the Asian container consulting company Linerlytica, container ships in Singapore may now need to wait for approximately seven days for berthing, compared to the usual maximum wait time of half a day. Industry insiders believe that the recent severe weather conditions in Southeast Asia have exacerbated port congestion in the region