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NASDAQ 100 TURNS NEGATIVE

2026-05-18

NASDAQ 100 TURNS NEGATIVE

Other News
2026-05-18

The three major A-share indices fell in the afternoon, with the ChiNext index dropping more than 1% and the Shanghai Composite Index falling more than 0.5%. Sectors such as aquaculture, innovative drugs, and sports industry saw the largest declines.

The three major A-share indices fell in the afternoon, with the ChiNext index dropping more than 1% and the Shanghai Composite Index falling more than 0.5%. Sectors such as aquaculture, innovative drugs, and sports industry saw the largest declines.
2026-05-18

1. Changxin Technology: Q1 revenue increased by 719.13% year-on-year, with net profit of 33 billion yuan; first-half revenue is expected to be 110-120 billion yuan, and net profit attributable to shareholders excluding non-recurring items is expected

1. Changxin Technology: Q1 revenue increased by 719.13% year-on-year, with net profit of 33 billion yuan; first-half revenue is expected to be 110-120 billion yuan, and net profit attributable to shareholders excluding non-recurring items is expected to be 52-58 billion yuan. 2. Yin Zhiyao, "Father of Chinese Etching Machines": We now have the capability to manufacture the most advanced equipment. 3. SK Hynix of South Korea visited Wuxi to discuss deepening cooperation. 4. ASML and Tata Electronics cooperate to advance India's chip plan. 5. Chip manufacturer Kioxia expects its net profit to increase 47 times year-on-year from April to June. 6. Chairman of Team Group: Memory price increases may continue until 2027. 7. Biwin Memory: Plans to provide no more than 200 million yuan in financial assistance to Hygon Semiconductor. 8. Biwin Memory: Benefiting from the surge in demand for AI applications and token calls, there is still room for further price increases in its products. 9. With capacity allocation shifting, niche memory is "taking over" with SLC NAND expected to rise by another 120% this year.
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