The Securities Regulatory Commission said that the adjustment of the delisting index was not for small-cap stocks. The memory chip concept has collectively strengthened; TMT has generally warmed up, and the Mini LED, sensor, and Sora concepts have risen the highest; the ST sector continues to plummet, and the gold and travel sectors have pulled back one after another. The China Securities 2000 Index rose 3.75%; the Wande Micro Stock Index rose 6%. Dividend ETFs fell 0.8%.
On Wednesday, April 17, the three major A-share indices collectively opened higher. The Shanghai Index opened 0.03% higher, the Shenzhen Index opened 0.28% higher, and the GEM Index opened 0.29% higher.
On the market, memory chip concepts have collectively strengthened; TMT has generally warmed up; Mini LED, sensor, and Sora concepts have risen the highest, while solid-state batteries and industrial internet have generally risen; the ST sector continues to plummet, and the gold and travel sectors have pulled back one after another.
Small and micro capitalization stocks picked up, the China Securities 2000 Index rose 3.75%; the Wande Micro Stock Index rose 6%. Dividend ETFs fell 0.8%.
The offshore renminbi rose 50 points against the US dollar during the day to 7.2578. The central price of RMB against the US dollar was 7.1025, up 3 points; the median price for the previous trading day was 7.1028, the official closing price for the previous trading day was 7.2396, and the closing price for the previous night was 7.2380.
In terms of Hong Kong stocks, the Hang Seng Index rose 0.42%, while the Hang Seng Technology Index rose 1.1%. Oriental Choice rose nearly 3%, pharmaceutical stocks generally opened higher, and Shengnuo Pharmaceuticals rose nearly 15%.
In terms of market news, the Securities Regulatory Commission answered questions from reporters on hot issues such as dividends and delisting on the evening of the 16th. According to the Securities Regulatory Commission, there is an opinion in the market that “this revision of the delisting rules is mainly aimed at small-cap stocks,” which is simply a misinterpretation. A company being delisted by ST simply because it did not meet dividend standards will not result in delisting. Based on the 2020-2022 data, the number of companies in the Shanghai and Shenzhen markets that may have implemented ST due to poor dividends is only over 80.
The Central Bank of China carried out a 7-day reverse repurchase operation of 2 billion yuan, winning the bid interest rate of 1.8%, which is the same as before. Today, a 1-year medium-term loan facility (MLF) of 170 billion yuan and a 7-day reverse repurchase of 2 billion yuan expire.
In terms of treasury bond futures, the 30-year main contract rose 0.28%, the 10-year main contract rose 0.07%, the 5-year main contract rose 0.04%, and the 2-year main contract rose 0.04%.
