2026年9月10日

A-share Market Opens Mixed, Moore Threads Surges 468.78% on IPO, Single Lot Profits Nearly 270,000 CNY

On Friday, China’s A-share indices opened mixed: the Shanghai Composite fell 0.07%, the Shenzhen Com...

On Friday, China’s A-share indices opened mixed: the Shanghai Composite fell 0.07%, the Shenzhen Component rose 0.1%, and the ChiNext Index gained 0.55%.

Leading sectors included auto dismantling, fiberglass, and HBM, while antimony, forestry, and iron ore sectors lagged. Copper-related stocks surged briefly, with Beijete up over 10%, followed by Xinjilu, Naipu Mining, Zinc Co., Luoyang Molybdenum, and Luoping Zinc. The semiconductor sector declined, with Sai Micro down over 9%, alongside Zhongke Lansun, Dongwei Semiconductor, Dongxin, and Tianyue Advanced.

Moore Threads, China’s first domestic GPU stock, soared 468.78% on its debut at 650 CNY per share, with a total market cap of 305.5 billion CNY. Each winning subscription lot of 500 shares could earn around 267,900 CNY at the opening price. Moore Threads focuses on GPU R&D, design, and sales, raising about 8 billion CNY for AI training/inference chips, next-gen graphics chips, AISoC chip projects, and working capital.

Zhongyuan Securities notes that the fundamentals supporting A-share growth remain intact. Investors anticipate the upcoming key meeting, which may act as a catalyst for the next market rally. The Shanghai Composite is likely consolidating around 4000 points, with sector rotation between cyclical and tech stocks expected. Short-term opportunities include robotics, aerospace, semiconductors, and auto components.

接著讀

U.S. Deploys F-15EX to Okinawa for the First Time, Aimed at Countering China’s J-20

Two of the U.S. Air Force’s newest F-15EX fighters have arrived at Kadena Air Base in Okinawa, marking the aircraft’s first overseas deployment. This move paves the way for the planned permanent stationing of 36 F-15EX jets by 2026, aimed at bolstering air dominance within the First Island Chain. However, with China deploying advanced J-20 and J-16 fighters in the East China Sea, analysts believe these American jets may ultimately serve as more of a “training target” than a deterrent.

421 天前