A-share midday trading | The three major indices closed higher, Science and Innovation 50 rose more than 3%, leading the way in computing power and hardware
Market Overview
The Zhitong Finance App learned that on August 27, the three major A-share indices had mixed ups and downs, fluctuating and rising in early trading, showing a pattern of “the index rose collectively, leading the way in computing power and hardware”. By the midday close, the Shanghai Index rose 0.60% to 3935.99 points, the Shenzhen Index rose 1.19% to 14005.93 points, the GEM index rose 1.51% to 3466.40 points, and Science Innovation 50 rose 3.45%.
More than 3,000 individual stocks rose in the entire market. The half-day turnover of the Shanghai and Shenzhen markets was about 1.35 trillion yuan, an increase of about 120.8 billion yuan compared to the previous trading day. According to the Finance Association's Star Mining data, the main capital in early trading flowed into the electronics, semiconductor, communications and other sectors, with net outflows from the new power industry, power equipment, pharmaceuticals, etc. Among them, the electronics sector had a net inflow of more than 19.8 billion yuan, and Shengyi Technology received the lead in net purchases of over 1.3 billion yuan from the main players.
Overview of the plate
On the upward side, sectors such as PCB, optical communications (CPO, optical fiber), gold, and agriculture showed outstanding performance. On the downside, the performance of sectors such as power grid equipment and electricity was sluggish. Overall, the Shanghai and Shenzhen markets released about 120.8 billion yuan in half a day. Nvidia's earnings report exceeded expectations, driving capital inflows into computing power hardware such as PCBs and optical communications. Sectors such as gold and agriculture are simultaneously active, and capital outflows from power grid equipment.
Popular sections
1. The PCB concept set off a wave of ups and downs
The PCB concept's intraday gains expanded. Jin'an Guoji, Baoding Technology, Xiehe Electronics, Hongchang Electronics, Jialichuang, Shengyi Technology, etc. rose and stopped, while Kexiang Shares and Sino-British Technology rose more than 10%.
Comment: According to the news, Yu Weining, chief statistician of the Department of Industry of the National Bureau of Statistics, said that as “artificial intelligence +” accelerated expansion and demand for computing power continued to expand, profits in the electronics industry increased 1.1 times year on year from January to July, with profits in the integrated circuit industry increasing 18.5 times year on year; Nvidia's latest financial report shows that demand for AI data centers continues to rise, driving the AI server PCB industry chain boom upward.
2. The optical communication sector is strengthening collectively
Optical communication and CPO concepts strengthened. Changfei Optical Fiber rose and stopped, Saiwei Electronics rose and stopped by 20cm, Falsheng and Hangdian Co., Ltd. had 2 consecutive boards, Qingshan Paper had 3 consecutive boards, and Hengtong Optoelectronics and Tianfu Communications had the highest gains.
Comment: According to the news, Nvidia announced the results for the second fiscal quarter of FY2027, with revenue of US$96.2 billion, up 106% year on year, of which data center revenue was US$89 billion, up 117% year on year. For the first time, the company gave guidance for revenue growth of about 70% for the 2028 fiscal year, far exceeding 45% of market expectations, driving up demand in optical communication industry chains such as optical modules and optical fibers.
3. The gold concept is active
The gold concept strengthened, and Shenzhen China A went out of the 6th straight board. Hunan Gold, Zhaojin Gold, and Lai Shen Tongling went up and down, while Hunan Baiyin and Shengda Resources followed suit.
Comment: According to the news, spot silver rose 2% during the day, and the price of spot gold rose by more than 0.7% during the day; Hunan Gold announced that it plans to acquire 100% of Tianyue Gold's shares and 100% of Zhongnan Smelting's shares, with a total transaction consideration of 4.334 billion yuan.
4. The agricultural sector has strengthened repeatedly
The agricultural sector has strengthened repeatedly, with Xinnong Co., Ltd. having 2 consecutive boards, Jinjian Rice Industry 6 boards in 9 days, Wanxiang Denong 3 times in a row, and Xinsai shares rising and falling.
Comment: According to the news, the British Meteorological Service recently predicted that this year's El Niño phenomenon may become the strongest in modern meteorological records, which may exacerbate extreme weather such as droughts and heavy rainfall in many parts of the world and have an impact on agricultural production.