The Shanghai Composite Index closed up 0.59% at 3355.307 (compared to the previous day +19.561) at the end of the morning Trade.

The Shanghai Composite Index ended the morning Trade at 3355.307, up 0.59% (+19.561 compared to the previous day). The dollar-yen exchange rate is around 149.73 yen.

Fisco Japan10minutes ago

After a continuous reduction in volume, short-term sentiment has reached a freezing point. Can the recovery of AI computing power lead to a market rebound?

Although the market experienced some degree of recovery yesterday afternoon, the rebound strength remains relatively weak, and the short-term trend continues to show a weak adjustment structure.

cls.cn21:23 ET

Brokerage morning meeting highlights: The industry allocation recommendations for April should focus on two main lines.

At today's Brokerage morning meeting, Galaxy Securities stated that the characteristics of a short-term structural economic recovery remain evident, with industries related to new productive forces performing better; HTSC believes that increased investment in global AI computing power is expected to drive the performance of businesses in sectors such as Optical Communications to remain positive; China Securities Co., Ltd. suggested that the industry allocation recommendations for April should focus on two main lines.

cls.cn20:46 ET

After nearly four years, the Fund has once again reduced its shareholding in Semiconductor Manufacturing International Corporation.

① Xin Xin Hong Kong, holding more than 5%, has reduced its shareholding in Semiconductor Manufacturing International Corporation by 11.3 million shares, resulting in a new shareholding ratio of 6.91%; ② Xin Xin Hong Kong is a wholly-owned company of the Fund Phase I, and it has been nearly four years since the last shareholding reduction. The Fund Phase II has not announced a reduction plan since it was released from the ban in July 2021.

cls.cnMar 31 11:14 ET

In 2024, net profits reached a record high, AVIC Shenyang Aircraft: "New generation equipment" has made a comprehensive breakthrough | Interpretations

① AVIC Shenyang Aircraft achieved the best annual performance since its listing; ② The company stated: "The new generation of equipment has made comprehensive breakthroughs."

cls.cnMar 31 11:00 ET

Insight into the 2024 Industry Earnings Conference｜The management of Shanghai Pudong Development Bank stated that it will continue to control the cost of deposit interest payments and establish a blacklist mechanism to resolutely exit some customers.

① Xie Wei pointed out that the overall environment remains very challenging, and the trend of narrowing net interest margins will continue. ② Striving to solidify the Crediting customer base within 3 to 5 years to further improve the quality of Crediting Assets. ③ In 2024, the total disposal of non-performing Assets will reach 108.7 billion yuan, with Cash recovery of non-performing Assets at 37.8 billion yuan, both figures hitting historical highs, leading to provision reversal.

cls.cnMar 31 10:46 ET