By the midday close, the Shanghai index was up 0.67%, the Shenzhen index was up 1.64%, and the GEM index was up 3.29%.
The central bank and the Securities Regulatory Commission announced multiple benefits. The three major A-share indices continued to rise in early trading. By the afternoon close, the Shanghai index had risen 0.67%, the Shenzhen index had risen 1.64%, and the GEM index had risen 3.29%. The half-day turnover of the entire market was 979.5 billion yuan, up over 3,800 individual stocks from the previous day's volume of 61.7 billion yuan.
On the market, the semiconductor sector continued to rise, with Jinghua Wei and Shanghai Beiling both rising and stopping, and TSMC's strong performance in the third quarter, surging more than 9% yesterday; the consumer electronics concept strengthened, with Kaiwang Technology's 20cm dual-connected board, Sichuan Changhong and Ofiliguang, and consumer electronics ushered in the traditional peak season in the fourth quarter; gold stocks generally rose by more than 7%, and CICC Gold and Chifeng Gold rose more than 3%. Spot gold hit a new high of 2,710 US dollars/ounce; the securities sector rose to a new high of 2,710 US dollars/ounce; Tianfeng Securities stopped rising. It rose more than 6%; the trend of real estate stocks was divided, Everbright and Garbo had 6 consecutive boards, and Shenzhen Zhenye A rose and stopped Chongqing Development fell by more than 7%, and sales of newly built commercial housing fell 22.7% in January-September.
Consumer electronics concepts strengthen Kaiwang Technology's second consecutive board
Kaiwang Technology's 20cm double board, Sichuan Changhong, Ofiliguang, Tianyin Holdings, Yashi Optoelectronics, and Weishi Electronics rose and stopped. According to news, consumer electronics ushered in the traditional peak season in the fourth quarter. The annual wave of new smartphones hit, and brands such as Huami OV all released new flagship phones in October. Fruit Chain also has the latest developments. Apple Intelligence, which will be launched in October, is expected to empower the new iPhone 16. The new M4 MacBook Pro is expected to be released this month, and the news says Apple's supply chain is ready. The agency said that smartphone shipments are expected to recover further in the fourth quarter due to the new wave of mobile phone brands combined with “Double Eleven” promotions. You can focus on opportunities in the communications and consumer electronics-related industry chains.
The semiconductor sector continued to rise, and Jinghua Wei and Shanghai Beiling rose and stopped
Jinghua Micro, Jingfeng Mingyuan, and Fuller rose and stopped at 20cm; Shanghai Beiling rose and stopped; Taiji, Capitol Quartz, Jewel, and Kaiwei rose more than 10%. TSMC surged more than 9% yesterday, and its intraday stock price reached a record high. The third quarter's performance was strong, and sales, net profit, and gross margin all exceeded expectations.
Gold prices reached a record high, and gold stocks generally rose
Yulong shares rose more than 7%, while CICC Gold, Chifeng Gold, and Shanjin International rose more than 3%, while Hunan Gold, Hunan Baiyin, and Shandong Gold followed suit. According to the news, spot gold continued to rise, hitting an upward trend of 2,710 US dollars/ounce, and reached a new high.
Real estate stock trends diverge, Everbright and Garbo have 6 consecutive boards
Everbright and Garbao went up and down for 6 consecutive days, Chongqing Development fell more than 7%, and Wanye Enterprise, Tianjin Investment Chengkai, Sunshine Co., Ltd., and Cinda Real Estate fell more than 5%. According to news, in January-September, the sales area of newly built commercial housing was 702.84 million square meters, a year-on-year decrease of 17.1%, of which the residential sales area fell 19.2%; the sales volume of newly built commercial housing was 6,888 billion yuan, a decrease of 22.7%, of which residential sales fell 24.0%.
