A-shares close: STAR 50 opens lower but rallies 3.82%, semiconductors and computing hardware stocks lead gains

PANews, June 24 – According to a report by Cailian Press, the market opened lower and moved higher throughout the day, with the Shenzhen Component Index and the ChiNext Index both rising over 1%, and the STAR 50 Index surging 3.82%. The yellow and white lines of the indices diverged significantly, while micro- and small-cap stocks pulled back sharply. "Stock King" Lianxun Instruments' share price broke through 2,500 yuan, marking an increase of over 3,000% from its IPO price. The combined trading volume of the Shanghai and Shenzhen stock exchanges reached 3.28 trillion yuan, shrinking by 156.4 billion yuan compared to the previous trading day. On the sector front, market hotspots focused on AI hardware, with over 4,000 stocks declining across the market. By sector, computing power hardware stocks such as PCB and optical communication rebounded across the board, with China Jushi, Sinoma Science & Technology, Yongding Co., and Cambridge Technology hitting the daily limit up. The semiconductor industry chain erupted again, led by advanced packaging and memory chip sectors, with GigaDevice, JCET, Yake Technology, and Wuxi Taiji Industry hitting the daily limit up. The lithium mining concept staged a collective rebound, with Shengxin Lithium, Yongshan Lithium, and Rongjie Co. hitting the daily limit up. The innovative drug concept continued its rebound, with Asymchem, Qianhong Biopharma, and Hainan Haiyao hitting the daily limit up. On the downside, the film and television sector remained sluggish throughout the day, with China Film hitting the daily limit down. At the close, the Shanghai Composite Index rose 0.11%, the Shenzhen Component Index rose 1.24%, and the ChiNext Index rose 1.41%.
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Author: PA一线

This content is for market information only and is not investment advice.

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