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<A Shrs>3 Key A-shr Indices Open Lower by 1-1.3%; Chip and Domestic GPU Stocks Wane; China Life Lower
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The three major A-share indices opened lower. The Shanghai Composite Index opened at 3,852, down 36 points or 1%. The Shenzhen Component Index opened at 13,423, down 182 points or 1.3%. The ChiNext Index opened at 3,236, down 36 points or 1.1%. Among the Chinese banks, ICBC (601398.SH) opened 0.1% lower. CCB (601939.SH) opened 0.2% lower. China Life (601628.SH) drifted lower by 1.1%. Separately, CATL (300750.SZ) opened 0.9% higher. BYD (002594.SZ) also opened 0.8% higher. Domestic GPU stock METAX (688802.SH) (688802.SH) opened 2.1% lower, with its 2025 net loss narrowed to RMB789 million. MOORE THREADS (688795.SH) opened 1.9% lower, as the company launched the "Quantum Super Intelligent" integrated computing platform in collaboration with Silicon Extreme. Memory chip stocks like LQKJ (688008.SH) and GIGADEVICE (603986.SH) opened 3.6-5% lower. AASTOCKS Financial News Website: www.aastocks.com |
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