The three major indices of A-shares in Shanghai and Shenzhen opened mixed, with real estate stocks softening

AASTOCKS
2025.07.16 01:31

Today (16th), the People's Bank of China conducted a 7-day reverse repurchase operation in the open market amounting to 520.1 billion yuan (the same below), with the operation interest rate remaining at 1.4%. Today, 75.5 billion yuan of reverse repos are maturing, resulting in a net injection of 444.6 billion yuan. The central parity rate of the yuan against the US dollar is reported at 7.1526, down 28 points.

The three major A-share indices opened mixed, with the Shanghai Composite Index opening at 3,502 points, down 2 points or 0.06%. The Shenzhen Component Index opened at 10,749 points, up 5 points or 0.05%. The ChiNext Index opened up 6 points or 0.3%, at 2,241 points.

Banking stocks opened flat, with China Construction Bank (601939.SH) flat. Industrial and Commercial Bank of China (601398.SH) opened down 0.4%.

Real estate stocks softened, with UKF (000514.SZ), EBJB (600622.SH), and CFLD (600340.SH) falling 0.7% to nearly 1%. Greenland Holdings (600606.SH) opened down 5.3%.

BYD (002594.SZ) opened flat. Contemporary Amperex Technology Co., Limited (300750.SZ) opened up 0.3%

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer