399006

📌 A-Shares reverse in the morning, gains expand in the afternoon: Shanghai Composite up 1.79%, ChiNext up 7.05%

🍖 Chopper says:
Today, the Growth Enterprise Board (399006) rose more than 7%, and the Sci-Tech 50 even surged 10%. “Yi Zhongtian” and other tech stocks led the charge. It looks like a technical rebound after being oversold, but whether trading volume expands or not is key—otherwise it could just be short covering.

I’ll personally keep an eye on $Hua Hong Semiconductor (01347.HK) in the semiconductor sector. It has more upside elasticity than the leader $SMIC (00981.HK), but it also falls harder when it pulls back. In this kind of market, chasing prices can easily get you trapped; it’s better to wait and decide after the second “step/leg” is confirmed.

The risk is that Asia-Pacific markets all bounced back today, but Korea has also triggered trading halts a few times before, which suggests volatility is still high. If US stocks do something unexpected overnight, tomorrow’s A-Shares could open lower and wipe out today’s gains directly. Friends with heavier positions should be careful.

#399006 #A股

📌 Burst! Over 4,500 stocks are rising

🍖 Chopper says:
When I see this news, my first reaction is that market sentiment is warming up. But when it comes to execution, I’ll first check whether the stocks I hold are also tracking the rise. With more than 4,500 stocks going up, it suggests a broad market rally—but what am I holding: a ChiNext ETF, or a bank stock? The difference is huge.

For example, take the ChiNext Index ($创业板指(399006.SZ)). It’s been up about 3% over these past couple of days, mainly driven by a rebound in oversold tech stocks. But I’m not in a hurry to chase, because these broad rallies often lack durability; institutional funds may take the opportunity to reshuffle positions.

Risk warning: After a broad rally on a single day, the next day often sees differentiation. Don’t increase your position just because you’re carried away by emotions.

For comparison, the SSE Composite Index (000001.SH) may rise more slowly but steadier, while the ChiNext has more elasticity. If you’re holding a heavyweight like CATL (300750), today’s rebound strength may be greater than that of Ping An Bank (000001), but volatility will also be higher. Whether you should trade depends on whether you’re trying to bet on the rebound or waiting for trend confirmation.

#399006 #000001 #300750 #A股

📌 A-Shares: Will there be a huge jump—or even a limit-up—at the open on Monday? Before Monday, 7/13’s open, listen to what I have to say!

🍖 Chopper says:
I’ve seen headlines calling for “a surge next week” ahead of the weekend dozens of times from 2018 to now. Back then, every time there was a similar situation—for example, the surge in July 2020—the weekend buzz would be intense, but on Monday it was usually a routine pattern: a gap-up followed by a fade.

Take the ChiNext Index (399006) as an example. It’s currently fluctuating around the 1,650 level, and over the past week it’s only risen by less than 2%. If history repeats itself, after news like this, funds often use the opportunity to distribute holdings instead—especially when there isn’t real, substantive positive catalyst.

Compared with that, the STAR Market 50 (000688) has been more stable recently, and there’s a clearer preference from funds toward it.

That said, it’s also worth noting that foreign capital is indeed making a comeback this time. Morgan Stanley has also raised its allocation, which is a positive signal. The risk is that if Monday gaps up too much, chasing in could easily leave you trapped. It’s suggested to observe first for half an hour by looking at trading volume.

#399006 #000688 #A股

📌 Breaking: ChiNext Index and Shenzhen Component both fall more than 2%; compute-power hardware stocks slide again

🍖 Choba says:
When I saw this news today, my first reaction was whether compute power is about to get hammered again. The ChiNext Index (399006) and the Shenzhen Component (399001) both dropped about 2%. Compute-power hardware stocks like TSMC/related—e.g., InnoLight/Industrial & Commercial Electronics—have indeed been pulling back recently. From their recent highs, they’re down roughly around 10%.

At this point, I won’t add to my position for now. Although I remain bullish long term on the demand for compute power driven by AI, in the short term, it’s being hit by sentiment from the sharp selloff in Korean stocks, plus there are negative signals coming from storage chips. Money is rotating from hardware to software. My reasoning is: the technical trend has broken the short-term support level, and the sector rotation isn’t over yet. Let’s wait until things stabilize.

Risk warning: If Korean storage really turns bearish, it could weigh on the valuation of the entire electronics sector—don’t rush to bottom-fish. Compare this: even within the same compute-power chain, NVIDIA ($NVDA ) has also been pulling back recently, but their performance is solid and real. Meanwhile, many of these A-share hardware names are driven more by expectations; they have high elasticity but also bigger volatility. It may be better to wait for right-side signals.

#NVDA #399006 #399001 #美股 #A股

📌 A-shares form a “deep V” rebound—institutions point to key reversal signals

🍖 Chopper says:
My first reaction is that this deep V looks quite exciting, but whether the reversal signals are really reliable is a question mark. The news didn’t mention exactly how much the relevant indices rose, but since it’s called a “deep V,” it implies the selling was heavy during the day and the rebound was fast too. Such moves often reflect funds betting on policy or interventions by the national team, rather than genuine, self-driven buying.

In terms of sectors, I’m more focused on broad-market ETFs like the CSI 300 ETF (510300). Generally, the reversal signals institutions refer to hinge on whether trading volume can keep expanding. If it’s only the national team propping it up without follow-through from the broader market, it’s easy for prices to fall back again. Compared with the ChiNext Index (399006), the CSI 300 has a tougher “support” logic—mainly because it has more heavyweight stocks, which the national team can buy more conveniently.

The risk is that this kind of single-day deep V is often just short-term money catching the bottom. The next day, it may simply gap down and trap those who bought the prior day’s dip. In similar comparisons, the ChiNext rebounds with higher elasticity but the volatility is scary; the CSI 300 is steadier but the rebound strength is weaker. My view is: don’t rush to chase. Wait for confirmation the next day with increased volume before deciding whether to add more.

#510300 #399006 #A股

📌 China A-share three major indexes close lower; the Shanghai Index falls below 4000 points; trading volume shrinks to over 500 billion

🍖 Chopper says:
Today, the Shanghai Composite Index (000001.SH) broke below 4000 points. It closed at around 3980, with a noticeable decline. Trading value across both markets suddenly shrank by 500 billion, suggesting that a lot of funds are standing by or bailing out.

I’m a bit cautious at this level for two reasons: first, trading volume has quickly contracted, indicating there’s no new money stepping in to take the other side—it's hard to hold up the market relying only on existing liquidity; second, we’re approaching the mid-year report season, and many companies’ earnings may not meet expectations, so funds may choose to play it safe in advance.

Risk warning: 4000 points is only a psychological level. If it’s broken, it doesn’t necessarily mean the selloff is over. If the gap can’t be refilled later, prices may test lower again with momentum.

Compare this with the ChiNext Index (399006.SZ): it fell even more than the main board today. With high valuations and large volatility in tech stocks, they are even harder to hold up at times like this. If you currently have positions, it’s advisable not to rush to add—wait until the market stabilizes on reduced volume before deciding.

#000001 #399006 #A股

📌 Chip stocks plunge; most Asian markets fall in early trading

🍖 Qiao Ba says:
Today, Asian chip stocks are leading the dive—which reminds me of the 2018 semiconductor cycle peak. Back then, chips in South Korea and Taiwan first collapsed, and then the selloff spread to A-shares. Based on historical patterns, this kind of globally coordinated pullback in chip stocks usually lasts one to two months, because inventory adjustments across the supply chain can’t be completed in just a few days.

Specifically for A-shares: a flagship like Semiconductor Manufacturing International Corporation (688981) is hit most directly by sentiment, but its performance is relatively steady. In the short term, the heavier drop may mean it can hold up better than smaller-cap chip stocks. Compared with TSM ( $TSM ), its drop is because overseas capital is exiting; here, it’s more of a case of following the panic.

The risk is this: if US stocks—NVIDIA ( $NVDA )—continue to fall tonight, tomorrow the A-share chip sector may face downward pressure at the open. Also, the ChiNext Index (399006) fell by nearly 5% today, suggesting overall tech-stock sentiment is very poor—so don’t rush to bottom-fish in the short term.

#TSM #NVDA #688981 #399006 #US stocks

📌 Global stock market storm erupts

🍖 Chopper says:
This message is the most worth talking about, because it just happened, and global stock markets are highly correlated. Based on historical patterns, such “storms” are often linked to expectations of a policy shift by the Federal Reserve, geopolitical conflicts, or a major “heavyweight” stock suddenly going bad. In Q4 2018, March 2020, and in 2022, there were similar scenarios: typically, markets first drop sharply for 2–3 days, then see an oversold rebound. Whether it can actually reverse still depends on fundamentals.

Specifically for China A-shares, you can keep an eye on the ChiNext Index (399006.SZ). In the past month, it has fallen from around 2300 to about 1800, a decline of nearly 20%. If this storm is driven by emotion (panic selling), then tech stocks that previously had earnings growth expectations—such as the ecosystem related to the memory industry (e.g., companies associated with Changxin Tech)—may be the first to recover. But the risk is: if the storm is caused by a real negative catalyst (for example, confirmation of a recession), then any rebound could be an opportunity to “escape,” not a true turnaround.

Compare this: even with global turmoil, an AI leader like Nvidia ($NVDA ) tends to drop harder than AMD ($AMD ), but it also rebounds faster. Don’t rush to bottom-fish now. First, see whether trading volume is shrinking; once sentiment stabilizes, acting is safer.

#NVDA #AMD #399006 #美股 #A股