A-share reviews | All three indices rose more than 1%, leading the way in computing power hardware and memory chips
The Zhitong Finance App learned that on August 27, the three major A-share indices collectively closed higher, with Science and Innovation 50 leading the way, and the entire market showed a general upward pattern. At the close, the Shanghai Stock Exchange Index rose 1.13% to 3956.57 points, the Shenzhen Stock Exchange Index rose 1.50% to 14048.88 points, the GEM index rose 1.71% to 3473.35 points, Science and Innovation 50 rose 3.77% to 1693.48 points, and the Beijing Stock Exchange 50 rose 0.65% to 1074.96 points.
The turnover of the Shanghai and Shenzhen markets was about 2125.927 billion yuan, an increase of about 317.204 billion yuan compared to the previous trading day. In the entire market, 3,394 stocks rose and fell by 1944, rising and stopping 78 and falling by 4, accounting for about 61% of the rising stocks.
In terms of sectors, non-metallic materials (+9.63%), electronic chemicals (+5.56%), glass fiberglass (+5.36%), components (+5.09%), semiconductors (+4.54%), and farming (+4.39%) had the highest gains; photovoltaic equipment (-2.33%), seasoned fermented products (-1.96%), white goods (-1.56%), power grid equipment (-1.21%), state-owned banks (-1.16%), and liquor (-0.80%) were among the top declines.
driving factors
On the same day, the three major indices collectively closed higher, with Science and Innovation 50 leading up 3.77%. The Shanghai Composite Index rose 1.13%, the Shenzhen Securities Index rose 1.50%, and the GEM Index rose 1.71%. Individual stocks rose about 61% of the total market. The turnover of the two markets was about 21.25,927 billion yuan, or about 317.204 billion yuan compared to the previous day. Computing power and hardware are leading the way. PCBs and copper-clad plate concepts have strengthened. Many stocks such as Jin'an Guoji, Hongchang Electronics, and Changfei Optical have risen and stopped. Overnight, Nvidia disclosed revenue for the second fiscal quarter of fiscal year 2027 of about US$96.2 billion, an increase of 106% year over year, and gave guidelines for the next fiscal quarter with a median revenue of US$108 billion, an increase of nearly 90% year over year. The direction of memory chips strengthened. Demingli rose and stopped, and Dapuwei 20CM rose and stopped. On August 26, Dapuwei announced that it had received a $515 million enterprise-grade PCIe SSD sales order, and the unit price of Korean DRAM exports rose 401% year on year. The seed industry and grain concept continued to be strong. Xinnong Development, Wanxiang Denong, Jinjian Rice, and Xinsai shares rose and stopped. In July, the global food price index rose for three consecutive months, and the global corn inventory consumption ratio fell to its lowest level in nearly ten years. The gold concept rose higher, and Shenzhen China A came out of the 6th straight board. Photovoltaic equipment led the decline. Solar Power fell 12.24%. On August 26, local time, the US President signed an executive order prohibiting the US from purchasing some large-scale foreign-made power system equipment.
Popular sector aspects
1. [Computing power hardware] The PCB and copper-clad plate concepts strengthened across the board. The copper-clad plate concept rose 7.92%, the component sector rose 5.09%, and the non-metallic materials sector rose 9.63%. Jin'an Guoji, Xiehe Electronics, and Hongchang Electronics rose and stopped, Shengyi Electronics rose 14.32%, Kexiang shares and Sino-British Technology rose more than 10%, and Lianrui New Materials rose and stopped 20CM. Overnight, Nvidia disclosed revenue for the second fiscal quarter of fiscal year 2027 of about US$96.2 billion, an increase of 106% year on year, and gave guidelines for the next fiscal quarter with a median revenue of US$108 billion, an increase of nearly 90% year over year. Combined with the sharp increase in net profit in the semi-annual reports of many PCB industry chain companies such as Hengtong Optoelectronics, Shennan Circuit, and Tianjin Pulin.
2. [Memory chips] The concept of memory chips increased, and the semiconductor sector rose 4.54%. Demingli went up and down, Dapuwei and Saiwei Electronics went up and down 20CM, while Hengshuo Co., Ltd., Lanqi Technology, Lianyun Technology, and Shannon Xinchuang rose more than 6%. As a catalyst, Dapuwei announced on August 26 that it received a sales order of 515 million US dollars (about 3.491 billion yuan) of enterprise-grade PCIe SSDs. Combined with a 401% year-on-year increase in South Korea's DRAM export unit price, Samsung Electronics and SK Hynix plan to increase the supply of 8-layer HBM4 to Nvidia in the second half of the year.
3. [Seed industry] The planting industry and grain concepts continued to be strong, and the planting sector rose 4.39%. Xinnong Development, Xinsai Shares, Jinjian Rice Industry, and Wanxiang Denong rose and stopped, while Qiule Seed Industry, Nongfa Seed Industry, and Yasheng Group followed suit. The catalyst was that the global food price index rose by 131.1 points in July for three consecutive months, and the global corn inventory consumption ratio fell to a ten-year low of 17.9%. Combined with the British Meteorological Service's prediction that El Niño this year may be the strongest since modern weather records were recorded.
Adjust the section
Sectors such as photovoltaic equipment, seasoned fermented products, white goods, power grid equipment, banks, and liquor registered the highest declines. Among them, photovoltaic equipment fell 2.33%, leading the decline in Shenwan's second-tier industry. Major state-owned banks fell 1.16%, joint-stock banks fell 1.10%, and liquor fell 0.80%. Photovoltaic equipment fell 12.24% to Sunshine Power, with a turnover of 14.133 billion yuan. According to news, the US President signed Executive Order No. 14420 on August 26, local time, prohibiting the US from purchasing or installing some large-scale foreign-made power system equipment and related software (including battery energy storage systems) on national security grounds.