The trends of the three major A-share indices are diverging, with the oil and gas, gold, and China Shipbuilding-related sectors continuing to rise, while the Hang Seng Technology Index fell by more than 2%
The A-share three major indexes showed differentiation in trends, with the oil and gas, gold, and China Shipbuilding sectors continuing to rise, while the Hang Seng Technology Index fell by more than 2%. Photovoltaic, tourism, and solid-state battery sectors led the declines. The ST sector continued its downward trend, with nearly 30 ST stocks such as *ST Meisheng, *ST Taian, *ST Zhongqi, ST Tiancheng, and ST Xuefa hitting the limit down. Gaoxin Development has been limit down for two consecutive days. In the Hong Kong stock market, the Hang Seng Index fell by 1.43%, and the Hang Seng Technology Index fell by 2.34%. Spot gold rose above $2400 per ounce, the first time since April 12, with an intraday increase of 0.94%. Spot silver rose by over 1% intraday, currently trading at $28.51 per ounce. People's Bank of China Vice Governor Zhu Hexin stated at a press conference on the 18th that there is still room for future monetary policy adjustments. The next step will closely observe the effects of policies, economic recovery, and target achievements, and make good use of reserve policies. People's Bank of China Monetary Policy Department Director Zou Lan stated at a press conference on the 18th that relevant departments will strengthen monitoring of fund idling
On April 19, the A-share market showed differentiation, with the Shanghai Composite Index turning positive, the ChiNext Index falling by 1%, and the Shenzhen Component Index dropping by 0.34%.
In terms of the market, sectors such as oil and gas exploration services, gold concepts, and the China Shipbuilding Industry performed well, while sectors like photovoltaics, tourism, and solid-state batteries experienced declines. ST sectors continued to decline, with nearly 30 ST stocks such as *ST Meisheng, *ST Taian, *ST Zhongqi, ST Tiancheng, and ST Xuefa hitting the limit down.
In the small and micro-cap stock sector, the CSI 2000 Index fell by 0.51%, the Wind Micro-Cap Stock Index dropped by 0.35%, the ST sector index fell by 1.94%, and the Dividend ETF declined by 0.49%.
Regarding individual stocks, the popular stock in the computing power concept, Gaoxin Development, has hit the limit down for two consecutive days, with a turnover exceeding 1.2 billion yuan. In terms of news, Gaoxin Development announced the termination of the acquisition of 70% equity of Sichuan Huakun Zhenyu Intelligent Technology Co., Ltd.
In the Hong Kong stock market, the Hang Seng Index fell by 1.43%, and the Hang Seng Tech Index dropped by 2.34%.
In terms of market news, according to a report by ABC News on the 19th, an American official confirmed to the media that an Israeli missile had hit a target inside Iran. Earlier on the 19th, explosions were reported in the Isfahan region of Iran, southern Syria's Suwayda province, Baghdad in Iraq, and Babylon province.
Spot gold rose above $2400 per ounce, the first time since April 12, with an intraday increase of 0.94%. Spot silver rose by over 1% intraday, currently at $28.51 per ounce.
Deputy Governor of the People's Bank of China, Zhu Hexin, stated at a press conference on the 18th that there is still room for future monetary policy adjustments. The next step will closely monitor the effects of policies, economic recovery, and target achievements, and make good use of reserve policies.
Zou Lan, Director of the Monetary Policy Department of the People's Bank of China, stated at a press conference on the 18th that relevant departments will strengthen monitoring of fund circulation. The rapid growth of the total money supply at present may slow down, causing disturbances in the data, and simple year-on-year comparisons should be avoided Regarding treasury futures, the main contracts for the 30-year term rose by 0.21%, the 10-year term main contract rose by 0.04%, the 5-year term main contract rose by 0.03%, and the 2-year term main contract fell by 0.01%.
Significant Increase in Oil and Gas Stocks
Beiken Energy hit the limit up, while Zhun Oil, Tongyuan Petroleum, Qianeng Hengxin, and Zhongman Petroleum all surged significantly. On the news front, Brent crude oil broke through the $90 per barrel mark, rising by 3.42% intraday. WTI crude oil surpassed $85 per barrel, rising by 3.88% intraday.
Continued Rise in the Shipbuilding Sector
CSSC Science & Technology rose by over 7%, with China Heavy Industry, China Shipbuilding, CSSC Hanlight, Kunship Intelligent, and China Power following suit.
