Cointime reports: China’s STAR 50 Index rose more than 2% by the midday close on November 5 after briefly gaining over 5%, while the ChiNext Index climbed 1.24%. Solar equipment stocks led gains, with more than ten companies including Maxwell Technologies and JinkoSolar hitting the daily limit. Gold concept shares extended their rally, and lithium battery shares rose. More than 4,700 stocks advanced across the Shanghai, Shenzhen and Beijing markets, with half-day turnover at 1.48 trillion yuan.
Cointime reports: Robot concept stocks rallied in volatile trading, with Shangwei New Materials rising more than 10%. Zhenghe Industrial and Fulaixin Materials had earlier hit the daily limit-up, while Zhongma Transmission, Wanxun Automation and Zhongjian Technology were among the top gainers.
Cointime reports: Japan’s Nikkei 225 fell 0.4% at the morning session close, while the broader Topix gained 1.5%. The two benchmarks moved in opposite directions over the session, with the Topix outperforming the Nikkei by roughly 1.9 percentage points at the morning close.
Cointime reports: Combined turnover on the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan within 50 minutes of the opening bell. The figure was more than 380 billion yuan higher than at the same point in the previous session, pointing to a sharp pickup in trading activity on mainland China’s two main bourses.
Cointime reports: China’s ChiNext Index rose more than 3% and the STAR 50 Index gained over 5%, while the Shanghai Composite added 0.34% and the Shenzhen Component climbed 2.34%. Solar, precious metals, consumer electronics, lithium batteries and semiconductor chips led the advance, with nearly 4,700 stocks across the Shanghai, Shenzhen and Beijing markets closing higher.
Cointime reports: Hong Kong’s Hang Seng Index widened its advance to 3% on the day, extending the benchmark’s rise as the session progressed. The move marks a further pickup in Hong Kong equities, though the material did not specify the drivers or the index level at which the 3% gain was reached.
Cointime reports: The Hang Seng Tech Index climbed more than 5% on the day, with shares of AI chipmaker Iluvatar CoreX gaining over 10%. NetEase and Meituan each advanced more than 8%, leading the tech-heavy gauge’s rally.
Cointime reports: Morgan Stanley said the risk-reward for some Chinese equities has improved, citing stronger “national team” support, and screened 10 stocks with solid fundamentals that are oversold and offer buy-the-dip opportunities. The list includes Zhongji Innolight, Cambricon, Hygon Information, Luxshare Precision, GigaDevice, Sungrow Power, Zijin Mining, Innovent Biologics, China Jushi and Defu Technology.
Cointime reports: The Hang Seng Tech Index extended its intraday rally on the day, with gains widening to 4.6%. The broader Hang Seng Index rose 2.9% over the same session. No further details on drivers or individual constituents were provided.
Cointime reports: The Shanghai Composite turned positive on the day, while the Shenzhen Component and ChiNext Index each rose more than 1% and the STAR 50 gained over 2%. Solar, precious metals, short-drama and lithium battery shares led the advance, with nearly 4,500 stocks across the Shanghai, Shenzhen and Beijing exchanges closing higher.
Cointime reports: Chinese A-share semiconductor chip stocks extended their rebound, with Youyan New Materials, Xiandao Jidian and Broadcom Integrated Circuit hitting the daily limit-up. Jingyi Equipment rose more than 12%, while Centec Networks, Huafeng Test & Control, Bestechnic and Torrance gained over 7%. The moves mark a continued recovery in the sector’s shares.
Cointime reports: The ChiNext Index and Shenzhen Component Index both turned positive on the day, with solar equipment, precious metals, civil aviation airports and baijiu leading gains. More than 4,300 stocks advanced across the Shanghai, Shenzhen and Beijing markets.
Cointime reports: Lumentum reported a third-quarter net loss of $265 million, narrowing from $621 million a year earlier, on revenue of $2.715 billion. Strategic revenue grew 10% year over year to $1.28 billion, taking 55% of total revenue versus 53% in the second quarter. Adjusted EBITDA came in at $715 million, down from $787 million a year earlier, and the CFO said the company still expects an adjusted EBITDA inflection point this year.
Cointime reports: ARK Invest bought a combined 348,406 shares of SpaceX (SPCX) across three actively managed ETFs on November 4, with ARKK taking 224,483 shares, ARKQ 63,478 and ARKW 60,445. The firm also sold Bullish (BLSH) stock in ARKK, ARKW and ARKF, and trimmed Alphabet (GOOG) in ARKK and ARKQ. ARKK separately added Twist Bioscience and Pacific Biosciences while cutting Tempus AI and Eli Lilly.
Cointime reports: The Shenzhen Component Index reversed into positive territory, while the Shanghai Composite and ChiNext Index narrowed their declines, with solar equipment, precious metals, civil aviation airports and baijiu leading gains. More than 3,800 stocks rose across the Shanghai, Shenzhen and Beijing markets.
Cointime reports: Innovative drug stocks in China rose against the broader market trend, with Jinling Pharmaceutical hitting its second consecutive limit-up session. Haichuang Pharmaceutical gained more than 10%, while Lamei Pharmaceutical, Asymchem, Jenkem Technology and Guilin Sanjin each advanced more than 5%.
Cointime reports: Hong Kong’s Hang Seng Tech Index extended its early gains to 3% at the open, while the broader Hang Seng Index rose 2%. NetEase climbed more than 7%, outpacing the tech benchmark, while Lenovo Group fell more than 10% against the market trend. No specific catalysts for the moves were disclosed.
Cointime reports: China’s A-share solar equipment sector continued to strengthen, with Yongzhen shares posting a third consecutive daily limit-up and Beiteli surging 20% to its cap. Tongxiang Technology, Haitai New Energy, Shichuang Energy and Qingyuan shares were among the top gainers in the sector.
Cointime reports: The CSI Convertible Bond Index opened 0.14% lower, with Weidao, Xianfeng, Aohong, Lianrui and Jingce-2 convertibles leading declines at 3.10%, 2.92%, 2.90%, 2.84% and 2.82% respectively. Tianyuan, Jincheng, Jinlang-02, Fengmao and Fuxin convertibles led gains at 2.77%, 2.65%, 2.00%, 1.93% and 1.12%.
Cointime reports: China A-share PCB concept stocks opened lower on the session, with Mankun Technology dropping nearly 10%. Aohong Electronics, Dongshan Precision, Mingyang Circuit, Shengyi Technology and Jingwang Electronics each fell more than 5%. The declines hit printed circuit board suppliers at the open, with no specific catalyst cited in the market material.