--- title: "A-share opening quick report | Shanghai Composite Index slightly lower at open, Shenzhen Component Index rises, communication components lead the gains" type: "News" locale: "en" url: "https://longbridge.com/en/news/295166094.md" description: "On August 7th, A-shares opened with mixed results, with the Shanghai Composite Index slightly lower, while the Shenzhen Component Index and ChiNext rose. The technology sectors, including communication components and electronics, led the gains, while coal and retail sectors declined. The overall market's profitability effect was low, and sentiment was cautious. Overnight overseas stock markets were under pressure, with U.S. stocks declining, South Korean stocks plummeting, and oil prices rising due to geopolitical tensions" datetime: "2026-08-07T01:46:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295166094.md) - [en](https://longbridge.com/en/news/295166094.md) - [zh-HK](https://longbridge.com/zh-HK/news/295166094.md) --- # A-share opening quick report | Shanghai Composite Index slightly lower at open, Shenzhen Component Index rises, communication components lead the gains ## Opening Data According to the Zhitong Finance APP, on August 7, the Shanghai Composite Index opened down 0.10% at 3896.49 points, the Shenzhen Component Index opened up 0.30% at 14152.78 points, and the ChiNext opened up 0.62% at 3537.44 points. The STAR Market 50 opened down 0.23% at 1697.37 points. As of 9:31 AM, there were a total of 1583 stocks rising and 3746 stocks falling across the two markets and the Beijing Stock Exchange, with 210 stocks flat. The top gainers included: components, communication equipment, energy metals, gallium and germanium concepts, optical chips, etc.; the top losers included: coal, commercial retail, agriculture, forestry, animal husbandry and fishery, media, real estate, and banking. ## Market Situation On August 7, the A-share market showed a clear differentiation pattern at the opening. After a slight dip, the Shanghai Composite Index fluctuated within a narrow range, while the Shenzhen Component Index and ChiNext opened higher, benefiting from the continued strong performance of technology hardware sectors such as components and communication equipment from the previous trading day. Among the first-level industries of Shenwan, the communication sector opened up 1.87% leading the gains, the electronics sector rose 0.72%, and non-ferrous metals rose 0.20%; the coal sector opened down 1.68% leading the losses due to the overnight adjustment of coal prices, while commercial retail, agriculture, forestry, animal husbandry and fishery, and media fell by 0.99%, 0.94%, and 0.93% respectively. In terms of concept sectors, gallium and germanium concepts, Broadcom concepts, and SpaceX concepts led the gains, while Huawei Harmony and digital currency concepts faced pressure. The entire market had 10 stocks hitting the daily limit up and 2 hitting the daily limit down, with the ratio of rising to falling stocks approximately 28% to 68%, indicating a low overall profit effect and cautious market sentiment. ## Overnight News Brief **Overseas markets under pressure, South Korean stocks plummet:** Overnight, the three major U.S. stock indices collectively fell as investors awaited the July non-farm payroll report to gauge the Federal Reserve's interest rate path. The South Korean Composite Index plummeted 4.58%, with semiconductor and storage stocks experiencing significant declines, and the Nikkei 225 Index fell 0.93%. Major European stock indices showed mixed results, with the French CAC40 Index hitting a new historical high. COMEX gold futures fell 0.15% to $4298.70 per ounce, while WTI crude oil prices rose due to the situation in the Strait of Hormuz involving Iran. **In the first half of the year, tax cuts and fee reductions for technology innovation exceeded 1.9 trillion yuan, U.S. plans to restrict imports of optical transceiver modules:** Data from the State Administration of Taxation shows that in the first half of this year, tax cuts and fee reductions and refunds nationwide to support technological innovation and manufacturing development exceeded 1.9 trillion yuan, with sales revenue of core digital economy industries increasing by 8.7% year-on-year. Reports indicate that the U.S. is drafting regulations to prohibit the import of new optical transceiver modules from China and plans to impose tariffs on polysilicon. The Ministry of Foreign Affairs responded by firmly opposing the U.S. generalizing the concept of national security and abusing national power to unjustly suppress Chinese enterprises. **Zhongfu Shenying plans to raise no more than 3.893 billion yuan through a private placement, Bai Aosaitu's performance expected to increase nearly fourfold:** Zhongfu Shenying announced plans to issue shares to specific targets to raise no more than 3.893 billion yuan for projects such as an annual production of 30,000 tons of high-performance carbon fiber. Wuliangye Group has cumulatively increased its holdings in the company by about 200 million yuan. Bai Aosaitu expects its net profit attributable to the parent company in the first half of the year to increase by 391.87% to 412.71% year-on-year. Yushu Technology's IPO issuance price is set at 150.8 yuan per share. DeepSeek announced plans to recently adjust the overall pricing of its API services, attracting market attention ## Trend Analysis On August 7th, the A-shares opened with a continued divergence pattern, with the Shanghai Composite Index slightly lower, while the Shenzhen Component Index and ChiNext opened higher, maintaining relative strength in the technology hardware sector. The overnight overseas markets faced overall pressure—U.S. stocks declined, and the Korean Composite Index plummeted by 4.58%—which created some external pressure on A-share sentiment. However, the impressive domestic data on tax cuts and fee reductions in the tech innovation sector, along with the gradual opening of the mid-term performance reporting window, provided some endogenous support for the market. From the perspective of institutional consensus, this round of adjustment is viewed more as a release of trading congestion and a phase of valuation contraction, with the long-term growth logic of the AI industry not experiencing a substantial reversal. As the mid-term reports enter a concentrated disclosure period, the market may gradually shift from expectation-driven to performance-driven, with the technology hardware sector (semiconductors, components, communication equipment) showing superior prosperity but with accelerated internal rotation. Leading stocks with real performance are expected to benefit first in the valuation repair process. In the short term, overseas uncertainties (non-farm data, Federal Reserve interest rate path, Middle East situation) remain the main disruptive factors, and A-shares may maintain a fluctuating divergence pattern. 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