A-shares open higher across the board; Lixinyuan hits six consecutive daily limit ups

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Summary · why it matters

On July 23, the three major A-share indexes opened higher across the board, with the ChiNext Index up 0.54%. In Hong Kong, the Hang Seng Index and Hang Seng Tech Index rose. As of press time, GigaDevice rose nearly 4%, Zhipu rose nearly 3%, Kingboard Laminates and Akeso rose over 2%, SMIC and Hua Hong Semiconductor rose over 1%, while Xiaomi fell over 1%. On the sector front, sports concepts were active, with Shuhua Sports hitting the daily limit up. In news, the General Administration of Sport of China released the first national-level special plan themed on building a sporting powerhouse, proposing that the total scale of the sports industry exceed 7 trillion yuan by 2030. MLCC concepts strengthened, with Fenghua Advanced Technology hitting the daily limit up. The power sector was active again, with Lixinyuan surging to the daily limit up and achieving six consecutive daily limit ups. Computing power leasing concepts were repeatedly active, with Meili Cloud hitting four consecutive daily limit ups. Oil and gas concepts remained active, with Zhongman Petroleum hitting three daily limit ups in four days. International oil prices rose rapidly, with New York crude oil futures briefly up over 5% to 95.18 US dollars per barrel. In addition, optical fiber concept stocks and liquid cooling server concept stocks also saw gains.

Impact on assets 14

Materials▲ · 1 stocks
Electrification & Mobility▲ · 1 stocks
Semiconductors▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks
Biotech & Genomic Medicine▲ · 1 stocks
Others▲ · 8 stocks
Others▲ · 1 stocks
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International oil prices rose rapidly, with New York crude oil futures briefly up over 5% to 95.18 USD/barrel.

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