Mainland China A-share semiconductor sector sees a broad pullback; in the storage-chip direction, multiple stocks hit their daily trading limit down
On July 28, the three major A-share indexes inched lower amid volatility. The ChiNext index fell by more than 7%, the Shenzhen Component index dropped by more than 4%, and the Shanghai Composite index declined by about 1.4%. Sectors such as AI computing hardware, coal, precious metals, and semiconductor chips led the losses. Among stocks across the Shanghai, Shenzhen, and Beijing markets, nearly 3,000 shares fell. The semiconductor sector continued to weaken, with the storage-chip segment leading the downturn. Jizai Axing’s (Intercoax?) transaction value reached RMB 38.004 billion, down 13.38%; Xinyi Sheng’s transaction value was RMB 25.354 billion, down 14.46%; Galaxy Innovation’s transaction value was RMB 17.208 billion, hitting the 10% limit down; Dongshan Precision’s transaction value was RMB 13.951 billion, also hitting the 10% limit down; Tongfu Microelectronics’ transaction value was RMB 12.923 billion, down 9.99%; Cambrain’s transaction value was RMB 11.187 billion, down 8.85%; Glo-Peace Technologies’ transaction value was RMB 10.207 billion, down 8.13%; Yangtze Memory? (Yangtze?) Yangtze? Actually: Yangtze? Changdian Technology’s transaction value was RMB 8.229 billion, down 5.57%.
On July 28, the three major A-share indexes inched lower amid volatility. The ChiNext index fell by more than 7%, the Shenzhen Component index dropped by more than 4%, and the Shanghai Composite index declined by about 1.4%. Sectors such as AI computing hardware, coal, precious metals, and semiconductor chips led the losses. Among stocks across the Shanghai, Shenzhen, and Beijing markets, nearly 3,000 shares fell. The semiconductor sector continued to weaken, with the storage-chip segment leading the downturn. Jizai Axing’s (Intercoax?) transaction value reached RMB 38.004 billion, down 13.38%; Xinyi Sheng’s transaction value was RMB 25.354 billion, down 14.46%; Galaxy Innovation’s transaction value was RMB 17.208 billion, hitting the 10% limit down; Dongshan Precision’s transaction value was RMB 13.951 billion, also hitting the 10% limit down; Tongfu Microelectronics’ transaction value was RMB 12.923 billion, down 9.99%; Cambrain’s transaction value was RMB 11.187 billion, down 8.85%; Glo-Peace Technologies’ transaction value was RMB 10.207 billion, down 8.13%; Yangtze Memory? (Yangtze?) Yangtze? Actually: Yangtze? Changdian Technology’s transaction value was RMB 8.229 billion, down 5.57%.