Chinese Shares End Higher, Led by Semiconductor Stocks -- Market Talk

WSJDec 24 02:36 ET

A-shares and Hong Kong stocks rose, the GEM increased by 0.59%, flying Autos surged, and government bond Futures collectively rose.

The concept of flying cars has seen a surge, with Wolong Electric Group hitting the limit up, followed by Citic Offshore Helicopter, Zhejiang Jindun Fans, Zhejiang Wanfeng Auto Wheel, Shangluo Electronics, and Hebei Jianxin Chemical also rising. On the news front, the General Office of the CPC Central Committee and the State Council issued "Opinions on Accelerating the Construction of a Unified and Open Transportation Market," aiming to deepen the reform of low-altitude airspace management and develop General Aviation and the low-altitude economy.

wallstreetcnDec 23 20:44 ET

A-share closing review: The Shenzhen Component Index and Chinext Price Index fell by about 1%, with nearly 4,800 stocks in All Market declining, and Education stocks and micro-trading stocks suffering heavy losses.

The major A-share indices fluctuated slightly during the morning session and collectively turned negative in the late trading; by the close, the Shanghai Composite Index fell by 0.5% to 3351 points, the Shenzhen Component Index decreased by 1.03%, and the Chinext Price Index dropped by 0.98%. The total trading volume for the day was 1.55 trillion yuan, an increase of 12.9 billion yuan compared to the previous trading day, with nearly 4800 stocks in the All Market declining and fewer than 600 advancing. On the market, the education Sector experienced a severe decline, with stocks like Beijing Kaiwen Education Technology hitting the limit down; AI application stocks plummeted collectively, with areas such as AI corpus, Sora Concept, and Zhipu AI leading the losses, alongside multiple stocks like Shanghai Wondertek Software hitting the limit down; micro-cap stocks experienced a massive crash, with 90 stocks dropping over 9%; the gaming Sector weakened, and Da Sheng...

Gelonghui FinanceDec 23 02:02 ET

A-shares and Hong Kong stocks are rising, interbank bond yields are generally declining, and the yield on 10-year government bonds has fallen to 1.6645%.

The yield of the 1-year government bond 200013 decreased by 7.5 basis points to 0.94%, the yield of the 10-year government bond 240011 decreased by 3.05 basis points to 1.6645%, and the yield of the 30-year government bond 2400006 decreased by 2.75 basis points to 1.92%.

wallstreetcnDec 22 20:37 ET

As the Spring Festival holiday approaches, the tourism Industry is expected to pick up, and these Concept stocks are frequently being investigated.

The Spring Festival holiday is from January 28 to February 4, 2025, totaling 8 days.

cls.cnDec 19 19:45 ET

Is spring coming for the New energy Fund battery swap market? Zeng Yuqun: One-third of the market is held, Li Bin: 20% of battery swap stations have reached the break-even point.

① NIO's battery swapping station | The G25 Changshen Expressway Hongze Lake service area is online, and the battery swapping network of the G25 Changshen Expressway Jin-Guangdong section is officially connected. ② According to the plan of Contemporary Amperex Technology, 1,000 chocolate battery swapping stations will be built by 2025, and the company will also expand into Hong Kong and Macau.

cls.cnDec 19 05:19 ET