
The three major A-share indices of Shanghai and Shenzhen were slightly weak in the first half of the day, with both Shanghai and Shenzhen down 0.2%. Lithium battery stocks surged, while Hua Hong A fell 6%
The central parity rate of the RMB against the USD is reported at 6.9007, down 48 points from the previous day. The People's Bank of China today (13th) conducted a seven-day reverse repurchase operation of 37.5 billion RMB in the open market, with the operation rate remaining at 1.4%. Today, 44.8 billion RMB of reverse repos are maturing, resulting in a net withdrawal of 7.3 billion RMB for the day.
The three major A-share indices are slightly weak. The Shanghai Composite Index closed at 4,120 points, down 8 points or 0.2%, with a turnover of 659.85 billion RMB; the Shenzhen Component Index closed at 14,350 points, down 24 points or 0.2%, with a turnover of 846.5 billion RMB; the ChiNext Index closed at 3,316 points, down less than 1 point, with a turnover of 363.75 billion RMB.
Banking stocks such as Industrial and Commercial Bank of China (601398.SH) and China Construction Bank (601939.SH) rose by 0.3% and 0.7%, respectively. In addition, CATL (300750.SZ) rose by 0.4%. BYD (002594.SZ) rose by 0.9%. Lithium battery stocks surged, with Putailai (603659.SH) hitting the daily limit. Zhongke Electric (300035.SZ) and Chuanjin Nuo (300505.SZ) rose by 14.9% and 16.5%, respectively. DNF Nano (300769.SZ) also fell by 4.8%.
International oil prices rose sharply, but the three major oil companies fluctuated, with CNOOC (600938.SH), PetroChina (601857.SH), and Sinopec (600028.SH) falling by 0.2% to 1.7%. Oil and gas stocks saw China National Offshore Oil Corporation (603619.SH) drop by 1.7%. Shandong Molong (002490.SZ) also fell by 3.4%.
International gold prices retreated, leading to a bearish trend in gold-related stocks, with Shandong Gold (600547.SH), Zijin Mining (601899.SH), and China National Gold (600489.SH) falling by 0.7% to 1.7%. Zhaojin Mining (000506.SZ) dropped by half.
Some wind power generation and equipment concept stocks rose, with Delijia (603092.SH), Dajin Heavy Industry (002487.SZ), and Shuangyi Technology (300690.SZ) rising by 2.7% to 7.2%.
In the chip sector, SMIC (688981.SH) A-shares rose by 0.5%. Hua Hong (688347.SH) A-shares fell by 6.1%. AI chip stock Cambricon (688256.SH) closed nearly flat for the half-day, reporting a turnaround from loss to profit of 2.059 billion RMB last year, proposing a cash dividend of 15.00 RMB for every 10 shares to all shareholders, and a bonus issue of 4.9 shares. Domestic GPU stocks Muxi Co., Ltd. (688802.SH) and Moore Threads (688795.SH) fell by 1% and 0.9%, respectively

