China Fund News Chenxi
Hello everyone! Let's pay attention to the market situation and the latest information in the morning~
On July 24, the A-share market opened slightly lower in the morning: the Shanghai Composite Index was reported at 2909.05 points, down 0.21%; The Shenzhen Component Index fell 0.28%, and the ChiNext Index fell 0.29%. After the opening, the three major indexes briefly fell back after a short period of red, and as of press time, the main indexes in the market were all in the green.
On the disk, in the morning, water, electricity, aerospace and military sectors performed first, and concepts such as high-speed copper connections, liquid-cooled servers, and GPUs maintained prosperity values. Sectors such as automobiles, education, agriculture, and retail are sluggish, and concepts such as medical insurance payment reform, smart healthcare, and vehicle-road-cloud are declining.
Hong Kong stocks opened slightly lower: the Hang Seng Index was reported at 17454.4 points, down 0.09%; Hang Seng Technology fell 0.15%, and Hang Seng State-owned Enterprises fell 0.08%. In the morning, Hong Kong stocks rebounded slightly after falling in shocks, and the three major indexes were in the green as of press time; Xpeng Motors led the decline in Hang Seng Technology.
Let's see the details -
The concept of liquid-cooled server is active, and Jingyan Technology has a 20CM daily limit
On the morning of July 24, the concept of liquid-cooled servers continued to be hot, taking the lead in a wave of market.
In terms of individual stocks, Jingyan Technology quickly walked out of the 20CM daily limit after the opening, Jialitu and Chuanrun shares rose to the limit, Qiangrui Technology, Fangsheng shares, and Gaolan shares rose by more than 10%, and Tongxing Technology, Hongfuhan, Feirongda and other shares rose first.
Affected by the good news, the concept of liquid-cooled servers has continued to strengthen recently. Previously, Elon · Musk announced on the social platform X that the xAI team, Team X, Nvidia and support companies began training on the Memphis supercluster at 4:20 a.m. local time. The cluster uses 100,000 liquid-cooled H100s on a single RDMA fabric, making it "the world's most powerful AI training cluster."
In addition, the reported performance also assists the individual stock market. On the evening of July 23, Jingyan Technology disclosed that it is expected to achieve a net profit attributable to shareholders of listed companies of 54 million yuan to 61 million yuan in the first half of 2024, turning losses into profits over the same period last year.
The auto sector was choppy lower, with retail stocks falling
In the morning, the market fluctuated lower, the automobile sector fluctuated downward, and concepts such as automobiles, unmanned driving, and vehicle road cloud were among the top decliners.
In terms of individual stocks, Shanzi Hi-Tech, Ankai Automobile fell to the limit, and many stocks such as Dongjian Technology, Soling Shares, and Jiangling Motors fell sharply.
Hong Kong stocks and automobiles fell simultaneously, Great Wall Motors and Xiaopeng Motors fell by more than 5%, and Weilai, Leapmotor, and Yadea Holdings all fell significantly.
In addition, retail stocks fell sharply in the morning, Xinhua Department Store fell to the limit, Dalian Friendship hit the fall limit intraday, and Zhongbai Group and Debe Group fell.
Editor: Joey
Review: Muyu