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“AI hardware chain sees a collective high-level stampede after good news is realized”🌪️
13:04 The Hang Seng TECH Index’s decline widened to 1%, with the Hang Seng Index down 0.14% now.
13:02 The ChiNext Index’s decline widened to 3%, the Shanghai Composite Index is down 1.85%, the Shenzhen Component Index down 3.07%, and more than 4,300 stocks on both markets are declining.
12:29 South Korea’s KOSPI Index fell by more than 8%, triggering a circuit breaker mechanism and pausing trading for 20 minutes.
12:25 South Korea’s KOSPI Index fell 8%, SK hynix fell more than 13%, dropping nearly 40% from its historical high; its total market cap fell below $900 billion. Samsung Electronics fell more than 9%, dropping over 30% from its June 19 high this year.
12:01 The Hang Seng Index is down 0.11%, and the Hang Seng TECH Index is down 0.81%. The auto sector saw early-session turbulence and a slide; Seres fell 11.3% in half a day, leading the component stocks to decline, while Li Auto and GAC Group both fell more than 6%. Semiconductor concept stocks also moved weakly; Gigadevice, Hard Disk Technology, and Changguang Chenchip all fell more than 10%.
11:56 The Nikkei 225 Index’s decline widened to 2%, now at 67,187.41 points.
11:31 The Shanghai Composite Index fell 1.54%, the Shenzhen Component Index fell 2.61%, the ChiNext Index fell 2.38%, and the STAR Market composite fell 2.55%. Commercial aerospace concepts plunged sharply; the computing hardware industry chain weakened, with the hard materials and PCB segments leading the declines; photovoltaic, AI applications, lithium batteries, humanoid robots, industrial metals, and fintech concept stocks were among the biggest decliners.
11:18 South Korea’s KOSPI Index’s decline widened to 7%. SK hynix fell more than 12%, while Samsung Electronics fell nearly 8%.
11:07 The Bet on North (i.e., Northern Board) 50 Index’s decline widened to 4%.
10:33 Much Sun Shares’ intraday share price hit a record high; it is up 10.63% now, at 1006.00 yuan, with a total market cap of 395.33B yuan.
10:04 South Korea’s KOSPI Index widened its decline to 6%, SK hynix fell more than 10%, and Samsung Electronics fell more than 6%.
10:01 The ChiNext Index’s decline widened to 2%, the Shanghai Composite Index fell 1.17%, and the Shenzhen Component Index fell 2.13%.
09:57 The Shanghai Composite Index’s decline widened to 1%, the Shenzhen Component Index fell 1.73%, and the ChiNext Index fell 1.41%.
09:52 The STAR 50 Index’s gain widened to 2%, now at 2,106.71 points.
09:51 South Korea’s KOSPI composite index fell by more than 5%; SK hynix is down nearly 10%, and Samsung Electronics is down more than 6%.
09:49 The ChiNext Index’s decline widened to 1%, the Shanghai Composite Index fell 0.71%, and the Shenzhen Component Index fell 1.37%.
09:49 The Hang Seng Index’s gain widened to 1%, and the Hang Seng TECH Index is up 1.45% now.
09:35 South Korea’s stock exchange launched the sidecar mechanism for the KOSPI Index and suspended program trading.
09:33 The STAR 50 Index’s early gains quickly expanded to 1%.
09:28 South Korea’s KOSPI Index’s decline widened to 4%. SK hynix fell nearly 8.5%, while Samsung Electronics fell 4.39%.
09:26 All four major stock indexes opened lower in unison: the Shanghai Composite Index fell 0.75%, the Shenzhen Component Index fell 0.92%, the ChiNext Index fell 0.86%, and the STAR Market composite fell 1.19%. After adjustments across the semiconductor and computing hardware industry chains, memory, PCB, and advanced packaging led the declines; lithium batteries, fluorochemical industry, robots, photovoltaics, artificial intelligence, and industrial metals concept stocks weakened.