China A-share indices rebounded from early lows; Shanghai Composite briefly fell
0.6% before recovering. At midday the Shanghai Composite was down 0.04%, the
Shenzhen Composite up 0.96% and ChiNext up 2.15%. Electronic components stocks
rallied: Shengye Electric hit limit-up, Dali Kaipu and Zhongjing Electronics
also reached daily limits; Fenghua Hi-Tech, Dongshan Precision, Pengding
Holdings, Baoding Technology and Huidian were among top gainers. The CPO sector,
after an initial drop, quickly rallied with Hengtong Optical-Electric and Yihua
shares at limit-up and Alaide, Yuanjie Technology and Guangku Technology rising
over 10%. AIPC names opened higher and extended gains: Leishen Technology surged
over 20%, Yingli shares rose more than 10%, Chunqiu Electronics hit limit-up,
while Huiwei Intelligent, Xinhai Technology and iSoftStone were strong
performers.
