The three major A-share indices in Shanghai and Shenzhen showed a slight decline in the first half of the day, with insurance stocks favoring a pullback in chip stocks
Today, the three major indices of A-shares opened slightly higher before softening, with the Shanghai Composite Index slightly down to 4,163 points, the Shenzhen Component Index falling to 14,321 points, and the ChiNext Index dropping to 3,360 points. Domestic bank stocks performed well, with ICBC and CCB rising slightly; domestic insurance stocks such as Ping An and China Life also saw increases. Chip stocks generally declined, with Cambrian Technology down 5.6%. Blue Rocket plans to acquire 51% equity in Chengdu Xinyi, and its stock price rose by 10%
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