Three Major A-Share Indices Open 0.3%-1.5% Higher; ZHONGJI INNOLIGHT Surges Over 4%
AASTOCKS News·- The three major A-share indices opened 0.3% to 1.5% higher, while the PBOC conducted a single-day net withdrawal of RMB 1 billion through reverse repos. - Banking and insurance stocks generally opened lower, whereas chip, AI-related, and optical module stocks registered varying gains, with ZHONGJI INNOLIGHT surging over 4%. - Cambricon noted that future market changes may increase inventory impairment risks, prompting plans to expand the market and control risks.A-Share Three Major Indices Gain 0.3%-1.7% at Midday; ZHONGJI INNOLIGHT Rises Over 4%; Computing Power Leasing Concept Stocks Advance
AASTOCKS News·- The RMB central parity rate against the USD was set at 6.7882, and the PBOC conducted a net liquidity withdrawal of RMB5 billion through reverse repos. - The three major A-share indices reversed higher to gain 0.3%-1.7% by midday, driven by advances in computing power leasing concept stocks and chip stocks. - Computing power stocks surged following the release of Shanghai's 15th Five-Year Plan and market rumors regarding NVIDIA's potential investments.S&P Global Market Intelligence Lists Latest Top 10 Most Shorted Hong Kong Stocks by Short Interest Ratio
AASTOCKS News·- S&P Global Market Intelligence released Hong Kong stock short-selling data as of last Friday, noting an overall average Hang Seng Index short-selling ratio of 1.24%. - MONTAGE TECH led the list of the top 10 most shorted Hong Kong stocks with a short interest ratio of 21.43%. - Other notable companies on the list included ALI HEALTH, LENS, CHINA RUYI, ZTE, CATL, FLAT GLASS, POP MART, CHINA LONGYUAN, and MIDEA GROUP.