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.A-Share Three Major Indices Open 0.8%-5.2% Higher; Mainland Bank Stocks Weak, HUA HONG GRACE Surges 13%
AASTOCKS News·- The PBOC set the RMB central parity rate at 6.7894 and conducted RMB 134 billion of 7-day reverse repos alongside RMB 600 billion of overnight reverse repos. - The three major A-share indices opened between 0.8% and 5.2% higher, with the Shanghai Composite Index opening up 0.76% at 3,833. - Mainland bank and insurance stocks opened lower, while chip stocks experienced significant gains, including HUA HONG GRACE surging nearly 13% and GIGADEVICE hitting the daily limit up.