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Chinese concept stocks leader index rose 1.4% in early trading.

24/04/2026

The leading index of Chinese concept stocks rose by 1.4% at the beginning of the session, closing at 9887.56 points. Among the component stocks, UMC rose by 5.84%, Wistron rose by 3.79%, Adimmune rose by 3.56%, Unisplendour rose by 3.39%, and Goodix Technology rose by 3.18%.

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Xinshi Industry: The company has purchased large quantities of crude oil cargoes from multiple regions including Venezuela, Russia, Brazil, and Mexico.

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Goldman Sachs said that there are few underperforming companies in the Stoxx Europe 600 index, but these stocks are currently experiencing severe pullbacks.

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The financial outlook for chip maker Intel has shown a sales recovery, causing the value of the US government's stake in Intel (INTC.O) to soar by 300% to approximately $36 billion. Since Intel and the US government announced this investment in August last year, the return on paper has totaled nearly $27 billion. The company's CEO won White House support through a charm offensive and repaired relations with President Trump, ultimately securing this unprecedented investment.

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InterG Transcend: The 3.2T optical module and products such as NPO and XPO are expected to start mass production after technical perfection and customer validation.

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Xinshi Industry's refining and petrochemical business unit stated during the earnings conference call that the market has never experienced such a severe shortage of supply, not even during the Iran-Iraq crisis.

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