news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

On August 16, the three major A-share indexes fluctuated and consolidated. The Shanghai Composite Index rose 0.07% to 2879.43 points; the Shenzhen Component Index fell 0.24% to 8349.87 points; and the ChiNext Index fell 0.08% to 1591.46 points. The turnover of the two markets was 591.2 billion yuan, basically the same as yesterday. This week, the Shanghai Composite Index rose 0.6%.

Shipping, telecommunications, banking, communication equipment, electronic components and other industries have seen the largest increases. In particular, the two major concept sectors of consumer electronics and biomedicine have continued to be active.

Affected by the news of the monkeypox epidemic, the in vitro diagnostic, antigen detection, and gene detection concept sectors rose rapidly in the afternoon. Many stocks such as Togen Life, Hopeful China, and Puli Pharmaceuticals hit their daily limit. Cape Biopharmaceuticals rose rapidly in the afternoon, falling more than 8% in the morning and closing up 16.55%.

A new stock was listed today. Kema Technology, which mainly engages in the R&D, manufacturing and sales of advanced ceramic material components, was listed on the Growth Enterprise Market. It opened with a sharp rise and closed with a gain of more than 368%. The company's current market value exceeds 16.3 billion yuan.

In terms of Hong Kong stocks, the “JD.com Group” collectively surged. JD.com Group’s intraday increase was close to 10%, and JD Logistics’ increase was over 22%.

Many bank stocks hit new highs

At the end of today's trading, bank stocks continued to be active, with Changshu Bank, Postal Savings Bank of China, Hangzhou Bank, China Construction Bank and others rising by more than 2%.

Industrial and Commercial Bank of China closed higher for eight consecutive trading days, up 1.49% today, with its share price reaching 6.14 yuan, a record high. China Construction Bank rose 2.2%, with its share price rising to 7.88 yuan, a record high.Bank of China and Bank of Communications also hit record highs.

Juewei Foods hits the limit down

Juewei Foods hit the daily limit today, with its share price hitting a new low since its listing. By the close of trading, the daily limit orders exceeded 210,000 lots.

On the evening of August 15, Juewei Foods announced that it had received a "Notice of Case Filing" issued by the China Securities Regulatory Commission. Due to the company's suspected illegal and irregular information disclosure, the China Securities Regulatory Commission decided to file a case against the company on June 7, 2024. Juewei Foods stated that the company's various production and business activities are currently proceeding normally.

As of the end of the first quarter of 2024, Juewei Foods had a total of 44,000 shareholders.

Many concept sectors that were strong in the early stage showed a significant correction today. The major infrastructure sector Kanshe shares, energy equipment sector Xinjin Power and Zhunyou shares all fell sharply, and the driverless concept stock Jinlong Automobile fell to the limit in the afternoon. The stock continued to rise sharply in the early stage, and the cumulative increase in the past month has exceeded 140%.

Japanese stocks rose nearly 4%

The Japanese stock market surged again today. The Nikkei 225 index closed up 3.64%, breaking through the 38,000-point mark. In the past eight trading days, the index has accumulated a gain of about 21%.

Huatai Securities research report mentioned that in the second quarter, Japan's initial real GDP grew by 3.1% quarter-on-quarter and annualized, higher than the expected 2.3%; the quarter-on-quarter and annualized growth rate of nominal GDP rebounded beyond expectations from -1.0% to 7.4%, reaching a new high since the third quarter of 2023, showing that Japan's nominal growth is still impressive.

From the sub-items, all GDP sub-items rebounded in the second quarter of 2024, especially consumption. The research report believes that looking forward, the temporary shock will gradually subside, coupled with the recovery of domestic demand, the Japanese economy will return to the expansion range, and the re-inflation process is expected to continue, which is expected to boost the performance of the yen and Japanese-related assets in the future.

JD.com surges, JD Logistics up 20%

Hong Kong stocks also performed well today. The Hang Seng Index rose 1.79%, and the Hang Seng Technology Index rose 2.09%. JD.com, JD Health, Kingdee International and others led the gains, while Meituan, Alibaba, WuXi Biologics, and Li Auto rose by more than 3%.

JD.com and its subsidiaries JD Health and JD Logistics continued to strengthen after opening today. JD.com rose nearly 10% during the session and rose by more than 8% as of press time. JD Logistics rose by more than 22%.

JD.com's second quarter 2024 financial report released last night showed that JD.com's revenue in the quarter was 291.4 billion yuan, a year-on-year increase of 1.2%, and its net profit attributable to its parent company was 14.5 billion yuan, a year-on-year increase of 69%. In the first half of this year, JD.com's operating income was 551.4 billion yuan, a year-on-year increase of 3.87%.

JD Logistics released its latest financial report last night. In the first half of this year, JD Logistics' total revenue reached 86.3 billion yuan, a year-on-year increase of 11%. Among them, the revenue from external customers was 59.9 billion yuan, a year-on-year increase of 11.2%, accounting for 69.4% of the total revenue. Thanks to the increase in gross profit, JD Logistics turned from a loss of 529 million yuan last year to a profit of 2.567 billion yuan in the first half of the year.

JD.com CEO Xu Ran expressed that at present, users have given very positive feedback on JD.com's low-price strategy, and JD.com will firmly promote the low-price strategy this year.

Alibaba disclosed its latest financial report last night. In the first quarter of fiscal year 2025 (ending June 30, 2024), Alibaba achieved revenue of 243.236 billion yuan, a year-on-year increase of 4%; net profit of 24.022 billion yuan, a year-on-year decrease of 27%; adjusted EBITA decreased by 1% year-on-year to 45.035 billion yuan. Today, Alibaba's Hong Kong stock price rose by more than 5% during the intraday session.

Editor: Peng Bo

Proofreading: Yang Shuxin

The public online voting for the 18th China Listed Company Value Selection hosted by Securities Times is in full swing!

Investors are welcome to vote for your favorite listed companies or listed company executives. Voting starts and ends from August 8 to August 18, 2024.

For more event details, please follow "e Company".