--- title: "The three major A-share indices of Shanghai and Shenzhen opened lower by 0.2%-0.3%, chip stocks declined, and local stocks in Fujian continued to rise" type: "News" locale: "en" url: "https://longbridge.com/en/news/269018318.md" description: "The three major A-share indices opened lower by 0.2%-0.3%, with chip stocks declining, while local stocks in Fujian continued to rise. The central parity rate of the RMB against the USD was lowered by 9 points, and the People's Bank of China conducted reverse repurchase operations. The Shanghai Composite Index opened at 3,916 points, the Shenzhen Component Index at 13,295 points, and the ChiNext Index at 3,183 points. Industrial and Commercial Bank of China opened up 0.3%, while China Construction Bank opened down 0.2%. Contemporary Amperex Technology Co. Ltd. and BYD opened down 0.3%. Local Fujian stocks such as ANJI FOOD, Longzhou Co., and SHUHUA SPORTS continued to rise. Trump allowed NVIDIA to sell AI chips H200 to China, with the stock price rising 2% after hours. SMIC, Hua Hong, and Cambricon opened lower" datetime: "2025-12-09T01:30:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269018318.md) - [en](https://longbridge.com/en/news/269018318.md) - [zh-HK](https://longbridge.com/zh-HK/news/269018318.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/269018318.md) | [繁體中文](https://longbridge.com/zh-HK/news/269018318.md) # The three major A-share indices of Shanghai and Shenzhen opened lower by 0.2%-0.3%, chip stocks declined, and local stocks in Fujian continued to rise The central parity rate of the RMB against the US dollar was lowered by 9 points to 7.0773 per US dollar. The People's Bank of China conducted a 117.3 billion RMB (the same below) seven-day reverse repurchase operation in the open market, with the operation rate remaining at 1.4%. Today, 156.3 billion RMB of reverse repos are maturing, resulting in a net withdrawal of 39 billion RMB for the day. The three major A-share indices opened lower. The Shanghai Composite Index opened at 3,916 points, down 7 points or 0.2%. The Shenzhen Component Index opened at 13,295 points, down 34 points or 0.3%. The ChiNext Index opened down 6 points or 0.2%, at 3,183 points. Some domestic banks showed mixed performance, with Industrial and Commercial Bank of China (601398.SH) opening up 0.3% and China Construction Bank (601939.SH) opening down 0.2%. In addition, CATL (300750.SZ) and BYD (002594.SZ) both opened down 0.3%. Several local stocks in Fujian continued to rise, with ANJI FOOD (603696.SH) rising again by half. Longzhou Co., Ltd. (002682.SZ) rose by 9.6%. SHUHUA SPORTS (605299.SH) rose by 3.9%. US President Trump stated that he would allow NVIDIA (NVDA.US) to sell AI chips H200 to China, and the stock rose 2% after hours. Leading chip stocks in the mainland were soft, with SMIC (688981.SH) and Hua Hong (688347.SH) opening down 1.4% and 1.6%, respectively. Cambrian (688256.SH) opened down 3% ### Related Stocks - [SHUHUA SPORTS (605299.CN)](https://longbridge.com/en/quote/605299.CN.md) - [ANJI FOOD (603696.CN)](https://longbridge.com/en/quote/603696.CN.md) - [Hua Hong (688347.CN)](https://longbridge.com/en/quote/688347.CN.md) - [HUA HONG SEMI (01347.HK)](https://longbridge.com/en/quote/01347.HK.md) - [SMIC (688981.CN)](https://longbridge.com/en/quote/688981.CN.md) - [SMIC (00981.HK)](https://longbridge.com/en/quote/00981.HK.md) ## Related News & Research - [Hua Hong Semiconductor Wins SSE Acceptance for Share-Issuance Acquisition Plan](https://longbridge.com/en/news/281182290.md) - [Semiconductor Manufacturing International (0981): New Buy Recommendation for This Technology Giant](https://longbridge.com/en/news/278340633.md) - [Sandvik Lands SEK250 Million Underground Mining Equipment Order](https://longbridge.com/en/news/281351279.md) - [Indofood Delivers Higher 2025 Sales and Profit Despite Tough Macro Climate](https://longbridge.com/en/news/281037302.md) - [08:13 ETAdvancing Quantum Research with a Cryogenic Hexapod Concept](https://longbridge.com/en/news/281364996.md)