Beijing Stock Exchange 50 Jumps 4% as Robot Stocks Surge
Wallstreetcn's midday market report showed Chinese equities opening lower before recovering, with the three major indices finishing the morning mixed. The Beijing Stock Exchange 50 index rose more than 4%, while the Shanghai Composite slipped 0.08%, the Shenzhen Component gained 0.18% and the ChiNext Index added 0.27%. Half-day turnover across the Shanghai, Shenzhen and Beijing markets reached 944.8 billion yuan, and more than 3,900 stocks advanced.
Robot concept stocks surged collectively, with Saimo Intelligent, Changying Precision, Aishida, Ningbo Dongli and more than ten other names hitting the daily limit. Semiconductor chip shares rebounded, as Galaxy Microelectronics, Hengxuan Technology, Broadcom Integrated and Rockchip also locked limit-up. PCB-related stocks remained active throughout the session, with Bomin Electronics, Xiehe Electronics, Xintong Electronics and Junya Technology among those reaching limit-up.
On the downside, the coal sector weakened, with Antai Group and Dayou Energy falling more than 7%. The session highlighted resilient risk appetite in small-cap technology themes even as headline index moves stayed modest.