A-Share Close: ChiNext Index Rebounds Over 3% as CPO, PCB and Other Computing-Power Hardware Stocks Surge
Nov 11: According to Cailianshe, the market rebounded in choppy afternoon trading, with the ChiNext Index up over 3% and the Shenzhen Component Index up over 1%. Turnover across the Shanghai and Shenzhen markets totaled 1.68 trillion yuan, 171.5 billion yuan more than the previous trading day. More than 3,500 stocks across the market advanced. On the board, hot spots rotated rapidly and the computing-power hardware concept erupted, with CPO and PCB names leading the gains: Aoshikang notched its second limit-up in three days, Yuanjie Technology hit the 20% limit-up, Yute Optoelectronics, Dongshan Precision, Jingwang Electronics, Hudian Shares, Cambridge Technology, Qingshan Paper and Guangxun Technology all closed limit-up, and Xinyisheng surged more than 16%; the robot concept was repeatedly active, with Fulei New Materials posting four limit-ups in six days, Fenglong Shares and Guangyang Shares up limit for a third consecutive session, Fengyuzhu up limit for a second, and Rifa Precision Machinery, Hanwang Technology and Ningbo Dongli closing limit-up; AI comic-drama play Wentou Holdings rose limit-up for a third straight session, while Shanghai Film posted its fourth limit-up in eight days, hitting a record high. On the downside, the baijiu concept fluctuated lower, with Huangtai Liquor, Gujing Gongjiu, Jinshiyuan and Jinhui Liquor all declining. At the close, the Shanghai Composite Index was up 0.46%, the Shenzhen Component Index up 1.32% and the ChiNext Index up 3.11%.