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A-shares closed higher after a strong open. Shanghai Composite +0.43%, Shenzhen Composite Index +1.63%, ChiNext +2.66%. Turnover across Shanghai and Shenzhen was 2.77 trillion yuan, down 84.5 billion yuan from the previous session. Electronic compone

2026-06-02

A-shares closed higher after a strong open. Shanghai Composite +0.43%, Shenzhen Composite Index +1.63%, ChiNext +2.66%. Turnover across Shanghai and Shenzhen was 2.77 trillion yuan, down 84.5 billion yuan from the previous session. Electronic components stocks outperformed, with multiple names hitting daily limits including Shengye Electric, Dalikepu, Zhongjing Electronics, Dongshan Precision and Fenghua High-Tech; Xingsen Technology, Pengding Holdings, Shengyi Electronics and Huedian PCB posted notable gains. CPO and optical-fiber-related names saw a wave of limit-ups — more than a dozen stocks capped, including Arlde, Shenzhen Huaqiang and Yangtze Optical Fiber and Cable; Guangku Technology, National Ceramic Materials and Yuanjie Technology rose over 10%. Lab-grown diamond stocks recovered intraday, with Huifeng Diamond hitting the daily limit and Henglin, World (Wolde) and Sifangda Among top performers.

Other News
2026-06-02

A-share CPO concept stocks surged, with Yihua Co., Ltd. hitting the daily limit, Liante Technology and Kaige Precision Machinery rising by more than 10%, and Xin Yisheng, Dongshan Precision and Guangku Technology rising by more than 5%.

A-share CPO concept stocks surged, with Yihua Co., Ltd. hitting the daily limit, Liante Technology and Kaige Precision Machinery rising by more than 10%, and Xin Yisheng, Dongshan Precision and Guangku Technology rising by more than 5%.
2026-06-02

Individual Stock News 1. WeRide (WRD.O) and Uber (UBER.N) announced the launch of Spain's first Robotaxi service. 2. Intel (INTC.O) announced the launch of chips for rack-scale artificial intelligence innovation at Computex Taipei. 3. Nvidia (NVDA

Individual Stock News 1. WeRide (WRD.O) and Uber (UBER.N) announced the launch of Spain's first Robotaxi service. 2. Intel (INTC.O) announced the launch of chips for rack-scale artificial intelligence innovation at Computex Taipei. 3. Nvidia (NVDA.O) CEO Jensen Huang: We plan to return 50% or more of our free cash flow to shareholders this year. 4. Tiger International: Starting June 12, it will suspend new openings and additional trading of all instruments in China for existing investor accounts. 5. Arm (ARM.O) CEO: Overall memory chip supply remains tight; the $15 billion sales target for its own chips may be achieved ahead of schedule. 6. Alphabet (GOOG.O) plans to raise $80 billion in equity financing; Berkshire Hathaway will invest $10 billion in Alphabet. 7. Marwell Technology (MRVL.O) shares surged as much as 25% in pre-market trading after Jensen Huang stated that Marwell Technology will become the next trillion-dollar company. 8. Stellar Technologies (STLA.N) CEO: By 2035, the company will produce 2 million cars annually on its new STLA ONE platform. 9. IBM (IBM.N) pledged to invest over $10 billion in quantum computing, aiming to achieve the world's first large-scale fault-tolerant quantum computer by 2029. 10. According to Yonhap News Agency: SK Group Chairman Chey Tae-won met with Nvidia (NVDA.O) CEO Jensen Huang on the 1st to discuss cooperation on AI memory chips. 11. STMicroelectronics (STM.N) announced that it has raised its full-year revenue target for its data center business due to continued strong demand driven by AI infrastructure and progress in capacity expansion. 12. HPE (HPE.N) announced annual sales guidance that exceeded market estimates, citing strong demand for its server and networking products, a trend it expects to continue into next year.
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