The three major A-share indices of Shanghai and Shenzhen rose by 0.3% to 0.7% in the first half of the day, while bank stocks fell against the trend, and Yajiang concept stocks continued to rise

The People's Bank of China today (22nd) conducted a 214.8 billion yuan (the same below) seven-day reverse repurchase operation in the open market, with the operation rate remaining at 1.4%. Today, 342.5 billion yuan of reverse repos matured, resulting in a net withdrawal of 127.7 billion yuan. The central parity rate of the yuan against the US dollar was reported at 7.1460, up 62 points, reaching the highest level since November 8 of last year.

The three major A-share indices rose repeatedly. The Shanghai Composite Index closed at 3,568 points at noon, up 8 points or 0.3%, with a turnover of 490.1 billion yuan; the Shenzhen Component Index closed at 11,069 points at noon, up 62 points or 0.6%, with a turnover of 647 billion yuan; the ChiNext Index closed at 2,312 points at noon, up 15 points or 0.7%, with a turnover of 302.6 billion yuan.

Major domestic bank stocks, China Construction Bank (601939.SH) and Industrial and Commercial Bank of China (601398.SH), each fell by 1.6%. Xiamen Bank (601187.SH), Xi'an Bank (600928.SH), and Zheshang Bank (601916.SH) fell between 1.5% and 3.9%.

Some real estate stocks declined, with UKF (000514.SZ9) and Greenland Holdings (600606.SH) falling by 1.6% and 0.5%, respectively.

Infrastructure stocks in cement continued to rise, with China Power Construction (601669.SH), China Energy Engineering (601868.SH), and Huaxin Cement (600801.SH) hitting the daily limit again. Jinyu (601992.SH) rose by 1.7%. The downstream hydropower project of the Yarlung Tsangpo River started construction last weekend.

CATL (300750.SZ) rose by 3%. BYD (002594.SZ) rose by 0.7%