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A-share retail sector rallied; Zhongbai Group and Central Department Store hit limit-up, while Ningbo Zhongbai, Xinhua Department Store and Sanjiang Shopping also gained.

2026-07-17

A-share retail sector rallied; Zhongbai Group and Central Department Store hit limit-up, while Ningbo Zhongbai, Xinhua Department Store and Sanjiang Shopping also gained.

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2026-07-17

By midday, China indexes were weaker: Shanghai Composite -1.64%, Shenzhen Component -3.70%, ChiNext -4.71%. Power names swung higher after a weak open, with multiple stocks hitting daily limit‑up and several up >10%. Ports and shipping strengthened,

By midday, China indexes were weaker: Shanghai Composite -1.64%, Shenzhen Component -3.70%, ChiNext -4.71%. Power names swung higher after a weak open, with multiple stocks hitting daily limit‑up and several up >10%. Ports and shipping strengthened, led by Haitong Development and China Merchants Port. Securities showed selective gains, including a limit‑up in Xiangcai. CRO (contract research) stocks sharply retraced, with multiple names at limit‑down and several down more than 10%. Co‑packaged optics (CPO) concept stocks extended losses; several optical‑fiber and related names hit limit‑down and many fell >10%.
2026-07-17

D.A. Davidson raises TSMC (TSM.N) PT to $500 from $450.

D.A. Davidson raises TSMC (TSM.N) PT to $500 from $450.
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