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Shanghai and Shenzhen Markets Open 0.1%-0.4% Higher; CATL (300750.SZ) Opens Higher; AIMA Technology (603529.SH) Hits Limit Down
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The RMB central parity against the USD was set at 6.8650, down 15 bps MoM. Today (23rd), the People's Bank of China conducted RMB500 million seven-day reverse repo operations in the open market, with the operation rate unchanged at 1.4%. RMB500 million of reverse repos matured today. The three major A-share indices opened higher. The Shanghai Composite Index opened at 4,110, up 4 points or 0.1%. The Shenzhen Component Index opened at 15,234, up 56 points or 0.4%. The ChiNext Index opened at 3,769, up 16 points or 0.4%. Among mainland banking stocks, ICBC (601398.SH) opened flat, while CCB (601939.SH) opened down 0.5%. BYD (002594.SZ) opened flat. CATL (300750.SZ) opened 1.6% higher. In the chip sector, SMIC (688981.SH) A-shares opened 0.9% higher. Hua Hong Semiconductor (688347.SH) A-shares opened 1.3% higher. AI chipmaker Cambricon (688256.SH) opened flat. Optical fiber-related stocks were mixed. YOFC (601869.SH) opened down 0.2%. Etern (600105.SH) and Hangdian (603618.SH) opened up 5.6% and 1%, respectively. AIMA Technology (603529.SH) reported 1Q net profit of RMB196 million, down 67.57% YoY, with its share price hitting the daily limit down at market open. (ta/a) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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