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China A-share CPU sector rallied in the afternoon; Zongyi Shares hit the daily limit, while Hesheng New Materials, China Greatwall, China Electronics Port and Loongson Technology is also advanced.

2026-09-07

China A-share CPU sector rallied in the afternoon; Zongyi Shares hit the daily limit, while Hesheng New Materials, China Greatwall, China Electronics Port and Loongson Technology is also advanced.

Other News
2026-09-07

Goldman Sachs initiated coverage of Zhongji Xuchuang (03308.HK) H shares with a buy rating and a HK$3,267 price target. It forecasts revenue CAGR of 78% in 2026-28, driven by silicon photonics (SiPh) optical module shipment growth and the company exp

Goldman Sachs initiated coverage of Zhongji Xuchuang (03308.HK) H shares with a buy rating and a HK$3,267 price target. It forecasts revenue CAGR of 78% in 2026-28, driven by silicon photonics (SiPh) optical module shipment growth and the company expanding from scale-out into scale-up and scale-across markets. Goldman’s net profit forecasts for 2026 and 2027 are 25% and 42% above consensus, respectively. It expects gross margin to improve from 42% in 2025 to 50% in 2028 and projects net profit to post an 84% CAGR in 2026-28.
2026-09-07

JP Morgan strategists led by Mislav Matejka say investors should use market pullbacks to add exposure, citing a strong corporate earnings outlook. acknowledge rising global bond yields and elevated inflation concerns but still expect the equity rally

JP Morgan strategists led by Mislav Matejka say investors should use market pullbacks to add exposure, citing a strong corporate earnings outlook. acknowledge rising global bond yields and elevated inflation concerns but still expect the equity rally to continue. Improving earnings revisions mean downturns compress P/E ratios and make equities cheaper. The macro backdrop is supportive, with US and eurozone manufacturing near four‑year highs. The team judges modest central‑bank tightening unlikely to derail equities unless inflation expectations shift materially. Matejka correctly flagged the potential for fresh highs in June.
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