A-share midday review | The Shanghai Composite Index rose by 0.54%, with the semiconductor and internet e-commerce sectors performing strongly. Semiconductor Manufacturing International Corporation surged more than 10%.
20/12/2024
GMT Eight
ing Chemical FibreSuzhou Convert Semiconductor10%Guangdong Guangzhou Daily Media
The three major A-share indexes collectively opened lower, followed by a rebound and turning positive. As of the close, the Shanghai Composite Index rose by 0.54%, the Shenzhen Component Index rose by 0.62%, and the ChiNext Index rose by 0.69%.
In terms of the market, stocks related to WeChat Mini Stores were active, with Beijing Yuanlong Yato Culture Dissemination and Hunan Friendship & Apollo Commercial hitting the limit up; food stocks rebounded at the opening, with Shanghai Ziyan Foods, Shanghai Laiyifen, and Haoxiangni Health Food hitting the limit up; the semiconductor sector saw unusual gains, with Suzhou Convert Semiconductor rising by over 10%; stocks related to Siasun Robot & Automation rebounded collectively, with Nanjing Chemical Fibre hitting the limit up; AI glasses concept stocks were strong, with BOE HC SemiTek Corporation and Emdoor Information hitting the limit up; the culture and media sector initially declined, with Guangdong Guangzhou Daily Media hitting the limit down.
In terms of capital flow, funds favored industries such as e-commerce and advertising marketing, while funds exited industries such as computer equipment and communication equipment.
Institutional views
Looking ahead, China Securities Co., Ltd. stated that although there are still some differences in the market, the policy tone of the two important year-end meetings is in line with market expectations. Looking ahead, the domestic liquidity environment is expected to remain loose, and the mid-term upward trend of A-shares has not changed.
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Hot sectors:
1. WeChat Mini Store concept active
2. Initial public offering (IPO) concept active again
3. Siasun Robot & Automation concept stocks rebound collectively.Chemical Fibre rose to the daily limit-up, followed by Shanghai Beite Technology, Zhejiang XCC Group, Keli Sensing Technology, Miracle Automation Engineering, Aftex, and Kinco Automation (Shanghai) Co., Ltd.Review: Recently, several well-known car companies have announced their entry into the humanoid Siasun Robot & Automation field, injecting new power technology into the development of Siasun Robot & Automation's neural network technology. It is reported that leading companies such as BYD Company Limited and Huawei have successively laid out their humanoid Siasun Robot & Automation business, and Xiaopeng Motors has even announced related patents.
This article was reprinted from "Tencent self-selecting stocks"; GMTEight editor: Wang Qiujia.