The three major indices of A-shares in Shanghai and Shenzhen showed a weak performance throughout the day, with robot concept stocks retreating and tourism and hotel concept stocks rising

The People's Bank of China today (19th) conducted a seven-day reverse repurchase operation in the open market amounting to 354.3 billion yuan (the same below), with the operation interest rate remaining at 1.4%. Today, 230 billion yuan of reverse repos matured, resulting in a net injection of 124.3 billion yuan. The central parity rate of the yuan against the US dollar was lowered by 43 points to 7.1128.

The three major A-share indices showed a mixed and slightly weak performance. The Shanghai Composite Index closed at 3,820 points, down 11 points or 0.3%, with a trading volume exceeding 1.02 trillion yuan; the Shenzhen Component Index closed at 13,070 points, down 4 points or 0.04%, with a trading volume exceeding 1.3 trillion yuan; the ChiNext Index closed at 3,091 points, down 4 points or 0.2%, with a trading volume of 599.4 billion yuan.

Banking stocks showed mixed performance, with Industrial and Commercial Bank of China (601398.SH) down 1.2% and China Construction Bank (601939.SH) up 1.3%. Additionally, Contemporary Amperex Technology Co., Limited (300750.SZ) rose 0.4%. BYD (002594.SZ) fell 0.6%.

Leading domestic property stocks had mixed developments, with Vanke (000002.SZ) and China Jinmao Holdings Group Limited (600383.SH) rising 3% and 1.5%, respectively. Greenland Holdings Corporation Limited (600606.SH) fell 1.5%. China Fortune Land Development (600340.SH) fell 3%.

With the National Day and Mid-Autumn Festival golden week approaching, tourism and hotel concepts rose in the afternoon, with XIYU TOURISM (300859.SZ) up 12.6%. Guilin Tourism (000978.SZ), Yunnan Tourism (002059.SZ), and Qujiang Cultural Tourism (600706.SH) hit the daily limit, while Xi'an Tourism (000610.SZ) rose 3.9%.

Chip stocks initially rose and then showed mixed performance, with SMIC (688981.SH) and Hua Hong Semiconductor (688347.SH) down 0.7% and up 0.6%, respectively. Technology stocks such as Cambricon Technologies (688256.SH) fell by half.

Robot concept stocks significantly retreated, with Sany Heavy Industry Co., Ltd. (002050.SZ) down 8.6%, and WXQC (000559.SZ) hitting the daily limit down