On Thursday, the market experienced a day of fluctuating rebounds, with the Shanghai Composite Index reaching a new high of 3463.62 during the session. The index closed up 0.18%, the Shenzhen Component rose 1.17%, and the ChiNext Index increased by 1.9%, leading the three major indices.
The total trading volume of the two markets was 1.3098 trillion yuan, a decrease of 67.2 billion yuan compared to Wednesday. Most stocks rose, with 3127 stocks increasing, 65 hitting the daily limit, 1746 declining, 7 hitting the lower limit, and 14 stocks experiencing a halt, resulting in a halt rate of 23%.
In terms of sector performance, innovative pharmaceuticals, PCB, consumer electronics, and solid-state batteries led the gains, while shipbuilding, offshore engineering equipment, aquaculture, and oil and gas sectors saw the largest declines.
The top five sectors with net inflows from major investors were: new energy vehicles, pharmaceuticals, innovative pharmaceuticals, PCB, and lithium batteries;
The top five sectors with net inflows in concepts were: mobile phone supply chain, Huawei supply chain, smart glasses/MR headsets, Apple supply chain, and VR & AR;
The top ten individual stocks with net inflows were: Industrial Fulian, CATL, Luxshare Precision, Dongshan Precision, Shenghong Technology, ZTE, Lens Technology, Goertek, Founder Technology, and Shenzhen South Circuit.
Computing hardware stocks surged again, with PCB and related sectors leading the gains, including Zhongjing Electronics, Bomin Electronics, and Jin’an Guoji hitting the daily limit.
The innovative pharmaceutical concept continued to show strength, with over ten stocks including Saily Medical, Weiming Pharmaceutical, and Shenzhou Cell hitting the daily limit.
The solid-state battery sector saw a rally in the afternoon, with Dazhongnan hitting the daily limit, and Hongtian Co., Ltd. and Zhongyi Technology also hitting the daily limit.
On the downside, marine economy concept stocks underwent adjustments, with Kelaite dropping over 10%.
Chengbang Co., Ltd. stabilized with a second volume T-shaped pattern, maintaining six consecutive boards.
Five boards were interrupted.
Yesterday, seven stocks reached three boards, with only two—Jixin Technology and Xuedilong—successfully advancing to four boards, while Changcheng Electric and others were interrupted, with Xishanghai even hitting the lower limit.
Only two stocks reached two boards: Saily Medical and Liugang Co., Ltd.
The number of first boards was equal to yesterday, concentrated in the computing hardware and pharmaceutical sectors.
The Hang Seng Index closed down 0.63%, and the Hang Seng Technology Index closed down 0.67%. Xiaomi Group fell 3.4%, Alibaba dropped nearly 3%…
The State Council issued a notice on the comprehensive alignment of free trade pilot zones with international high-standard economic and trade rules to promote the replication and promotion of high-level institutional opening pilot measures.
On July 3, Li Lecheng, Secretary of the Party Leadership Group and Minister of the Ministry of Industry and Information Technology, presided over the fifteenth symposium for manufacturing enterprises, emphasizing the need to focus on key difficulties, govern the photovoltaic industry’s low-price disorderly competition in accordance with the law, guide enterprises to improve product quality, and promote the orderly exit of backward production capacity to achieve healthy and sustainable development.
In the evening, the U.S. Bureau of Labor Statistics released non-farm data, showing that the U.S. adjusted non-farm employment population for June was 147,000, significantly higher than the expected 110,000.
At the beginning of the U.S. stock market, the three major indices opened higher. Major industry ETFs rose across the board, with regional banking ETFs up 1.59%, global airline ETFs up 1.51%, and banking ETFs up 1.27%…
