--- title: "The Shanghai and Shenzhen A-shares market showed a fluctuating downward trend in the morning session, with the chip and semiconductor-related sectors facing selling pressure again" type: "News" locale: "en" url: "https://longbridge.com/en/news/292706306.md" description: "Affected by China's second-quarter economic growth slightly missing expectations, the A-shares market showed a soft trend in the early session. The SSE Composite Index fell by 0.08%, and the Shenzhen Index dropped by 0.38%. The chip and semiconductor sectors led the decline, with popular stocks such as Hua Hong Grace, SMIC, and Cambricon all falling more than 4%. The market was active in trading, but there were more stocks declining than rising" datetime: "2026-07-15T03:37:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292706306.md) - [en](https://longbridge.com/en/news/292706306.md) - [zh-HK](https://longbridge.com/zh-HK/news/292706306.md) generator: "portal-rs" --- # The Shanghai and Shenzhen A-shares market showed a fluctuating downward trend in the morning session, with the chip and semiconductor-related sectors facing selling pressure again China's Q2 economic growth slightly missed expectations, and the mainland A-shares showed a mixed downward trend in early trading, with more popular stocks declining than rising. Chip stocks were once again sold off, with Hua Hong Grace (01347) and SMIC (00981) both dropping over 4%. Image source: Hua Hong official website The SSE Composite Index initially showed a mixed upward trend this morning, rising to 3,981 points, up 14 points, around the time the economic data was released. However, it later fluctuated downwards, closing at a low of 3,950 points, down 16 points, with the decline narrowing to less than 10 points by the end of the session; the index closed at 3,963 points, down 3 points or 0.08%, with a half-day turnover of 809.376 billion yuan (RMB). The Shenzhen Index underperformed, briefly regaining the 15,000-point mark this morning, reaching a high of 15,041 points, up 116 points, before turning downwards, hitting a low of 14,801 points, down 123 points, with the decline narrowing towards the end; the Shenzhen Index closed at 14,868 points, down 56 points or 0.38%, with a turnover of 906.095 billion yuan. AP Image The CSI 300 Index rose 2 points or 0.04%, closing at 4,798 points; the ChiNext Index closed down 13 points or 0.36%, at 3,837 points. More popular stocks declined than rose, with over half of the stocks on the top 20 list of A-share turnover in the Shanghai and Shenzhen markets reporting losses. The chip and semiconductor-related sectors were under pressure, with Hua Hong Grace A-shares (688347.SH) down 4.69%, at 336.05 yuan; SMIC A-shares (688981.SH) down 4.34%, at 154 yuan. AI chip concept stock Cambricon (688256.SH) fell 4.41%, at 1,348.84 yuan ### Related Stocks - [688256.CN](https://longbridge.com/en/quote/688256.CN.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [399001.CN](https://longbridge.com/en/quote/399001.CN.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [000300.CN](https://longbridge.com/en/quote/000300.CN.md) - [399006.CN](https://longbridge.com/en/quote/399006.CN.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) ## Related News & Research - [Hua Hong Grace Semiconductor announces extraordinary general meeting](https://longbridge.com/en/news/298017190.md) - [China’s No 2 foundry Hua Hong invests US$2b to expand capacity amid AI demand](https://longbridge.com/en/news/297778418.md) - [Hua Hong Grace forms Wuxi JV III, invests US$ 1.04 billion in 12-inch wafer fab venture](https://longbridge.com/en/news/297658921.md) - [HUA HONG GRACE Forms JV to Build 12-inch Wafer Production Line with Est. Monthly Capacity of ~55,000 Wafers](https://longbridge.com/en/news/297724157.md) - [SMIC files HKEX next-day disclosure return, lifts share capital by 92,340 shares](https://longbridge.com/en/news/297499675.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**