STOCKS | A-Shares Experience Morning Volatility with Major Indices Declining

On May 26, A-Shares experienced fluctuating movements in the morning session. According to Jin10, by midday, the Shanghai Composite Index fell by 0.84%, the Shenzhen Component Index decreased by 0.87%, and the ChiNext Index dropped by 0.51%. The combined trading volume of the Shanghai and Shenzhen markets reached 2.16 trillion yuan, an increase of 81.9 billion yuan compared to the previous trading day. Over 4,500 stocks across the market declined. The retail sector led the gains, with Bubugao, Zhongbai Holdings, and Xiangjiang Holdings hitting the daily limit. The cultivated diamond sector also saw significant gains, with Huanghe Whirlwind and Henglin Co. reaching the daily limit, and Power Diamond rising by 9%. The minor metals concept was active, with Yongjin Co., Hongxing Development, Zhaojin Mining, New Jinlu, and Jinmo Co. hitting the daily limit. Conversely, the memory chip sector saw a pullback, with Yuanlin Co. and Chengbang Co. hitting the daily limit, and Guangli Technology, Dapu Micro, Focuslight Technologies, Microguide Nano, and Netac Technology all dropping by over 10%. The National Big Fund holdings sector adjusted, with Shengke Communication, Shanghai Silicon Industry, and Guoxin Technology among several stocks falling by over 7%. The optical fiber concept, lithography machines, satellite navigation, and computing power sectors were among the top decliners.