--- title: "The three major A-share indices of Shanghai and Shenzhen rose in the first half of the day, with the banking stocks driving the Shanghai Composite Index higher, while CATL fell nearly 4% against the trend" type: "News" locale: "en" url: "https://longbridge.com/en/news/283290526.md" description: "The three major A-share indices rose in early trading, with the Shanghai Composite Index up 26 points or 0.7% to 4,079 points. The performance of domestic bank stocks was strong, with ICBC and CCB rising 1.3% and 3.3% respectively. CATL fell nearly 4% against the trend. The central parity rate of the RMB against the US dollar was reported at 6.8648, and the loan market quoted interest rate remained unchanged. International oil prices rose, with CNOOC and PetroChina both down 0.7%. Optical communication concept stocks all hit the daily limit, showing a prosperous trend in the optical fiber industry" datetime: "2026-04-20T03:30:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283290526.md) - [en](https://longbridge.com/en/news/283290526.md) - [zh-HK](https://longbridge.com/zh-HK/news/283290526.md) --- # The three major A-share indices of Shanghai and Shenzhen rose in the first half of the day, with the banking stocks driving the Shanghai Composite Index higher, while CATL fell nearly 4% against the trend The central parity rate of the RMB against the US dollar is reported at 6.8648, down 26 points from the previous day. The People's Bank of China announced that the one-year and five-year Loan Prime Rates (LPR) for April remain unchanged at 3% and 3.5%, respectively, in line with market expectations. Today (20th), the central bank conducted a 500 million RMB (same below) seven-day reverse repurchase operation in the open market, with the operation rate remaining at 1.4%. Today, 500 million RMB of reverse repos are maturing. The three major A-share indices showed an upward trend in the morning session, with the Shanghai Composite Index performing strongly. The Shanghai Composite Index closed at 4,079 points at noon, up 26 points or 0.7%, with a turnover of 714.7 billion RMB; the Shenzhen Component Index closed at 14,974 points, up 89 points or 0.6%, with a turnover of 991.2 billion RMB; the ChiNext Index closed at 3,679 points, up 1 point or 0.04%, with a turnover of 465.4 billion RMB. Banking stocks rose, with Industrial and Commercial Bank of China (601398.SH) and China Construction Bank (601939.SH) up 1.3% and 3.3%, respectively. In addition, Contemporary Amperex Technology Co., Limited (300750.SZ) opened lower and fell 3.8%. The company's shareholder, United Innovation, plans to inquire about the transfer of 58 million shares, accounting for 1.27% of the total share capital. BYD (002594.SZ) fell 0.4%. Iran fired over the weekend to drive away oil tankers and announced a blockade of the Strait of Hormuz less than 24 hours after reopening, claiming that the US violated its promise to lift the maritime blockade against Iran. International oil prices subsequently rose, with China National Offshore Oil Corporation (600938.SH) and PetroChina (601857.SH) each down 0.7%. In the semiconductor sector, Semiconductor Manufacturing International Corporation (688981.SH) A shares rose 2.3%. Hua Hong Semiconductor (688347.SH) A shares rose 3.7%. AI chip stock Cambricon Technologies (688256.SH) also rose 2.5%. Hikvision (002415.SZ) rose by half, with the company's net profit in the first quarter of 2026 reaching 2.781 billion RMB, a year-on-year increase of 36.42%. (ta/) Optical communication concept stocks rose, with Tongding Interconnection Information Co., Ltd. (002491.SZ), Tiantong Co., Ltd. (600330.SH), and Yunnan Geology and Mining Co., Ltd. (002428.SZ) all hitting the daily limit. Since the beginning of this year, the optical fiber industry has shown a "simultaneous increase in product volume and price" trend. According to the head of an optical fiber production company in Jiangsu, the production and sales volume of optical fibers in the first quarter of this year increased nearly fivefold year-on-year, and product prices also rose significantly. 6G concept stocks strengthened, with Wogang Optoelectronics (603773.SH) and Taihao Technology (600590.SH) hitting the daily limit. Commercial aerospace concept stocks surged, with Shudao Equipment (300540.SZ), Boyun New Materials (002297.SZ), and Qifan Cable (605222.SH) among several stocks hitting the daily limit ### Related Stocks - [01398.HK](https://longbridge.com/en/quote/01398.HK.md) - [00939.HK](https://longbridge.com/en/quote/00939.HK.md) - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) - [512820.CN](https://longbridge.com/en/quote/512820.CN.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [399001.CN](https://longbridge.com/en/quote/399001.CN.md) - [399006.CN](https://longbridge.com/en/quote/399006.CN.md) - [601398.CN](https://longbridge.com/en/quote/601398.CN.md) - [601939.CN](https://longbridge.com/en/quote/601939.CN.md) - [002594.CN](https://longbridge.com/en/quote/002594.CN.md) - [01211.HK](https://longbridge.com/en/quote/01211.HK.md) - [600938.CN](https://longbridge.com/en/quote/600938.CN.md) - [00883.HK](https://longbridge.com/en/quote/00883.HK.md) - [601857.CN](https://longbridge.com/en/quote/601857.CN.md) - [00857.HK](https://longbridge.com/en/quote/00857.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [688256.CN](https://longbridge.com/en/quote/688256.CN.md) - [002415.CN](https://longbridge.com/en/quote/002415.CN.md) - [002491.CN](https://longbridge.com/en/quote/002491.CN.md) - [600330.CN](https://longbridge.com/en/quote/600330.CN.md) - [002428.CN](https://longbridge.com/en/quote/002428.CN.md) - [603773.CN](https://longbridge.com/en/quote/603773.CN.md) - [600590.CN](https://longbridge.com/en/quote/600590.CN.md) - [300540.CN](https://longbridge.com/en/quote/300540.CN.md) - [002297.CN](https://longbridge.com/en/quote/002297.CN.md) - [605222.CN](https://longbridge.com/en/quote/605222.CN.md) - [HCCD.SG](https://longbridge.com/en/quote/HCCD.SG.md) - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) - [HYDD.SG](https://longbridge.com/en/quote/HYDD.SG.md) - [BYDDY.US](https://longbridge.com/en/quote/BYDDY.US.md) - [BYDDF.US](https://longbridge.com/en/quote/BYDDF.US.md) - [81211.HK](https://longbridge.com/en/quote/81211.HK.md) - [80883.HK](https://longbridge.com/en/quote/80883.HK.md) - [HPCD.SG](https://longbridge.com/en/quote/HPCD.SG.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) ## Related News & Research - [CATL explores potential $5 billion Hong Kong share sale after stock rally, sources say](https://longbridge.com/en/news/282657533.md) - [CATL weighs $5 billion Hong Kong share sale, report says](https://longbridge.com/en/news/282551629.md) - [GAC Aion unveils battery-electric saloon with swappable battery from CATL](https://longbridge.com/en/news/283219763.md) - [Revolutionary sodium-ion batteries enter mass production: Lithium prices are soaring and this is the cheap, sustainable solution](https://longbridge.com/en/news/283098229.md) - [CATL launches lighter flagship battery to meet higher efficiency requirement](https://longbridge.com/en/news/283499468.md)