The three major A-share indices of the Shanghai and Shenzhen stock exchanges opened mixed, with CATL opening lower and Cambricon rising

AASTOCKS
2026.02.10 01:29

The central parity rate of the RMB against the US dollar was raised by 65 points today, reported at 6.9458 per US dollar.

The People's Bank of China today (10th) conducted a 7-day reverse repurchase operation of 311.4 billion RMB (the same below) in the open market, with the operation rate remaining at 1.4%. Today, 105.5 billion RMB of reverse repos are maturing, resulting in a net injection of 205.9 billion RMB for the day.

The three major A-share indices opened mixed. The SSE Index opened at 4,127 points, up 0.1% or 4 points. The Shenzhen Index opened at 14,200 points, down 7 points or 0.05%. The ChiNext opened at 3,321 points, down 10 points or 0.3%.

In the banking sector, Industrial and Commercial Bank of China (601398.SH) and China Construction Bank (601939.SH) both opened flat. Additionally, CATL (300750.SZ) opened down 1%. BYD (002594.SZ) opened flat.

Chip-related stocks were favored, with SMIC A (688981.SH) opening up 0.2%. Hua Hong (688347.SH) opened flat. AI chip stock Cambricon (688256.SH) opened up 1.7%