As of the midday close, the Shanghai Composite Index rose by 0.09%, the Shenzhen Component Index rose by 0.5%, and the chinext price index rose by 0.91%.
The three major A-share indexes rose in early trading. By the midday close, the Shanghai Composite Index rose by 0.09%, the Shenzhen Component Index rose by 0.5%, and the Chinext Price Index rose by 0.91%. The total trading volume of the entire market in the morning was 917.9 billion yuan, an increase of 5.5 billion yuan from the previous day, with over 3100 individual stocks rising.
In the market, the data security sector was active. Surfilter Network Technology, Insigma Technology, and Shenzhen Guohua Network Security Technology all hit the limit up. The China Cybersecurity Association suggested initiating a cybersecurity review of Intel's products sold in China. The copper high-speed connection concept stocks surged, with Kwong Wah Technolo...
The data security sector fluctuates and rises, with Surfilter Network Technology hitting the limit up by 20cm.
Surfilter Network Technology hit the limit up by 20cm, while Insigma Technology, Shenzhen Guohua Network Security Technology, Shijiazhuang Changshan Beiming Technology, and China Greatwall Technology Group all hit the limit up. In terms of news, two recent reports on data security drove today's rise in the cybersecurity sector. On the one hand, the China Cybersecurity Association suggested initiating a cybersecurity review of Intel's products sold in China to effectively protect China's national security and the legitimate rights and interests of Chinese consumers. On the other hand, an overseas company used autonomous driving research as a cover to conduct illegal surveying.
Copper high-speed connection concept stocks surged, with Kwong Wah Technology hitting the 20cm limit up.
Kaiwang Technology and Shenzhen Woer Heat-Shrinkable Material both hit the 20% daily limit, Huafeng Technology and Shenyu Communication Technology Inc. rose more than 10%, while Tongling Jingda Special Magnet Wire, Shenglan Technology, and Wenzhou Yihua Connector all rose more than 5%. On the news front, Nvidia CEO Huang Renxun recently stated that there is a 'crazy' demand for the next generation artificial intelligence GPU Blackwell, and it is expected that this new product will bring in billions of dollars in revenue in the fourth quarter.
Concept stocks related to computing power surged, with Beijing Watertek Information Technology hitting the 20% daily limit.
Nanjing Insititute of Surveying, Mapping & Geotechnical Investigation, Co. Ltd and Softbank Power both hit the 20% daily limit, Beijing Watertek Information Technology, Yunchuang Data, and Abt Networks all rose more than 15%, while Longxin Technology, shenzhen zqgame, Grandblue Technology, and Yacoo Technology all rose more than 10%. On the news front, a research report from Cinda Securities pointed out that recently, China Telecom has initiated the bid for the centralized server procurement project for 2024-2025, with a significantly increased share of domestically produced chip servers, which reflects the high prosperity of the domestic computing power industry and will further boost domestic companies' motivation to purchase domestically produced computing power, driving the accelerated development of the industry.
Real estate stocks continued to decline, with Shanghai Wanye Enterprises hitting the limit down.
Shanghai Wanye Enterprises hit the limit down, Shenzhen SDG Service and Shenzhen Worldunion Group Incorporated fell more than 8%, Gemdale Corporation, Tianjin Realty Development, Cinda Real Estate, Seazen Holdings, Greenland Holdings Corporation, 5i5j Holding Group, and Shenzhen Overseas Chinese Town A all fell more than 6%.
