--- title: "The foreign trade performance of \"Shanghai and Shenzhen\" is impressive, with the three major A-share indices rising 1.2% to 2.2% in half a day. The Shanghai Composite Index repeatedly hits a ten-year high, driven by a surge in brokerage and chip stocks" type: "News" locale: "en" url: "https://longbridge.com/en/news/272494274.md" description: "Today, the central parity rate of the RMB against the US dollar was adjusted to 7.0120, and the People's Bank of China conducted a 240.8 billion yuan seven-day reverse repurchase operation. According to data from China Customs, exports in December last year increased by 6.6% year-on-year, while imports grew by 5.7%. The three major A-share indices rose in the morning session, with the Shanghai Composite Index reaching a ten-year high and a trading volume of 891.7 billion yuan. Brokerage stocks performed strongly, with HuaLin Securities hitting the daily limit, international gold prices rising, and some gold stocks increasing" datetime: "2026-01-14T03:30:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272494274.md) - [en](https://longbridge.com/en/news/272494274.md) - [zh-HK](https://longbridge.com/zh-HK/news/272494274.md) --- # The foreign trade performance of "Shanghai and Shenzhen" is impressive, with the three major A-share indices rising 1.2% to 2.2% in half a day. The Shanghai Composite Index repeatedly hits a ten-year high, driven by a surge in brokerage and chip stocks The People's Bank of China today (14th) conducted a 240.8 billion yuan (same below) seven-day reverse repurchase operation in the open market, with the operation rate remaining at 1.4%. Today, 28.6 billion yuan of reverse repos matured, resulting in a net injection of 212.2 billion yuan. The central parity rate of the yuan against the US dollar was lowered by 17 points to 7.0120 per US dollar. According to statistics from Chinese customs, in US dollar terms, exports in December last year increased by 6.6% year-on-year, far exceeding the market expectation of a 3.1% increase; imports increased by 5.7% year-on-year, also far exceeding the market expectation of a 0.9% increase. The trade surplus was 114.14 billion US dollars, with an expected surplus of 114.35 billion US dollars. The three major indices of A-shares rose steadily in the morning session. The Shanghai Composite Index closed at 4,188 points at noon, repeatedly hitting a ten-year high, up 49 points or 1.2%, with a turnover of 891.7 billion yuan; the Shenzhen Component Index closed at 14,449 points at noon, up 280 points or 2%, with a turnover of 1.33 trillion yuan; the ChiNext Index closed at 3,396 points at noon, up 74 points or 2.2%, with a turnover of 662.3 billion yuan. Banking stocks were slightly weak, with Industrial and Commercial Bank of China (601398.SH) and China Construction Bank (601939.SH) falling by 0.8% and 0.7%, respectively. China Life (601628.SH) also fell by 1%. Brokerage stocks rose, with Hualin Securities (002945.SZ) hitting the daily limit. Huatai Securities (600909.SH) rose by 2.3%. International gold prices rose again, with some gold-related stocks rising, Zijin Mining (601899.SH) and China Molybdenum (603993.SH) rising by 2% and 3.6%, respectively. Chip stocks rebounded, with SMIC A (688981.SH) and Hua Hong (688347.SH) rising by 2.3% and 4%, respectively. AI chip stock Cambricon (688256.SH) rose by 1.6%. In addition, CATL (300750.SZ) fell by 0.2%. BYD (002594.SZ) rose by 0.2% ### Related Stocks - [002945.CN](https://longbridge.com/en/quote/002945.CN.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) ## Related News & Research - [China economy slows sharply as investment returns to contraction](https://longbridge.com/en/news/286707036.md) - [China's property investment extends decline in January-April](https://longbridge.com/en/news/286699189.md) - [07:56 ETWellen Park marks 10 years among America's top-selling master-planned communities](https://longbridge.com/en/news/286766568.md) - [UAE-India economic, investment ties witnessing rapid growth: UIBC-UC](https://longbridge.com/en/news/286880497.md) - [Investeringsforeningen Nykredit Invest Balance suspender handel med udvalgte afdelinger](https://longbridge.com/en/news/286877547.md)