The three major indices of A-shares in Shanghai and Shenzhen opened mixed, Cambricon rose over 3%, and Shanghai Electric hit the daily limit down

The People's Bank of China today (10th) conducted a 304 billion yuan (same below) seven-day reverse repurchase operation in the open market, with the operation rate remaining at 1.4%. Today, 229.1 billion yuan of reverse repos matured, resulting in a net injection of 74.9 billion yuan for the day. The central parity rate of the yuan against the US dollar was lowered by 54 points to 7.1062.

The three major A-share indices opened mixed. The Shanghai Composite Index opened at 3,806 points, down less than 1 point or 0.02%. The Shenzhen Component Index opened at 12,511 points, up less than 1 point or 0.05%. The ChiNext Index opened up 22 points or 0.8%, at 2,890 points.

In the banking sector, Industrial and Commercial Bank of China (601398.SH) opened up 0.1%, and China Construction Bank (601939.SH) opened flat. Additionally, CATL (300750.SZ) opened down 0.6%. BYD (002594.SZ) opened slightly higher.

International gold prices fell slightly, and gold-related stocks declined, with Shandong Gold (600547.SH), Zijin Mining (601899.SH), Zhongjin Gold (600489.SH), and Chifeng Jilong Gold (600988.SH) opening down 2.5% to 4.9%.

Cambricon (688256.SH) received approval for its targeted issuance application, with its stock price opening up 3.3%.

The National Integrated Circuit Fund plans to reduce its holdings in China Electronics Port (001287.SZ) by no more than 3%, and China Electronics Port opened down 4.9%.

Shanghai Electric Power (600021.SH) opened at the daily limit down. The company plans to invest in the Shanghai Electric Green Energy Fengxian No. 1 offshore photovoltaic project and the 400,000-kilowatt wind power project in Heilongjiang Mudanjiang. Additionally, it has terminated and written off the acquisition of equity in Pakistan's KE Company