Coal and chicken farming have surprisingly become safe havens; this market is so surreal that it makes me want to add to my egg holdings.

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MeNews
A-shares closing review: the STAR 50 Index opened lower and declined 5%, with technology stocks such as semiconductors and PCBs collectively pulling back
ME News report: On June 1 (UTC+8), the three major A-share indices all fell today. By the close, the Shanghai Composite Index fell 0.27%, the Shenzhen Component Index dropped 1.51%, the ChiNext Index fell 2.15%, the NASDAQ 50 rose 0.45%, and the STAR Market 50 Index fell 5%. Total market turnover was 28,965 billion yuan, down by 4,444 billion yuan from the previous trading day. More than 3,700 stocks across the market rose. In terms of sectors and themes, the leading gainers included coal mining and processing, poultry farming, cultural media, software development, and ERP concepts; the biggest decliners included semiconductors, CPO, white liquor, optical fiber concepts, components, and storage chips. On the trading board, the coal mining and processing sector opened higher and kept strengthening, with multiple stocks hitting their daily price limits, including Daya Energy, Zhengzhou Coal & Electric, and Haohua Energy. Shanxi Coking Coal, China Coal Energy, and Shanxi International were among the top gainers. The poultry farming sector also performed strongly, with Jingji Zhinnong hitting its daily limit, Xiaoming Shares rising more than 18%, and Minhe Co., Ltd also showing strength, with “Minhe Co., Ltd” continuing from the source text.
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