A-Share Market Review: Main Indices Rise Over 1%, AI Chip Stocks and Hardware Outperform! Over 3,100 Stocks Fall, Trading Volume Reaches 19.13 Billion; Institutional Analysis
August 12, news, the three major indices rose collectively, with the ChiNext Index rising over 1%. Sector-wise, chip stocks surged in the afternoon, with Shanghai Hanxing and Huanwu Technology both up 20% to hit their daily limits. CPO concept-linked stocks also rallied, with Zhihang Technology, Guangku Technology (300620), and other multiple stocks hitting their daily limits. Brain-computer interface-related stocks remained active, with Qi Sheng Technology and Innovative Medical (002173) both up strongly.
On the flip side, PEEK materials concept-linked stocks retreated, with Hua Xin Materials leading the decline. Rare earth permanent magnet plates also weakened, with Bao Lang New Materials posting a sharp decline. Military industry stocks continued to adjust, with Baike New Materials and Jieqing Equipment leading the decline. Overall, individual stocks fell more than they rose, with over 3,100 stocks falling.
As of the close, the Shanghai Composite Index stood at 3665.92 points, up 0.50%. The Shenzhen Component Index was at 11351.63 points, up 0.53%. The ChiNext Index was at 2409.40 points, up 1.24%.
On the market front, optical equipment, brain-computer interface, and gas processing sectors led the gains, while PEEK materials, energy metals, and military equipment sectors led the losses.
Hot Sectors:
1. Brain-Computer Interface
Many stocks rose, including Macrolin, Flying High Medical, Qi Sheng Technology, and Innovative Medical.
2. Semiconductors
Shanghai Hanxing, Huanwu Technology, and other multiple stocks rose.
News:
1. NVIDIA's Response to China Zone Business Adjustment: Company Will Stop Developing Future Mobile NAND Products Globally
According to reports, US storage chip manufacturer NVIDIA has adjusted its business in the Chinese zone. In response, NVIDIA stated that due to the continuous weak financial performance of mobile NAND products in the market, as well as the slowdown in growth compared to other NAND opportunities, the company will stop developing future mobile NAND products globally, including terminating the development of UFS5 (fifth-generation universal flash storage). NVIDIA emphasized that this decision only affects global mobile NAND product development work and that the company will continue to develop and support other NAND solutions, such as SSDs and NAND solutions for automotive and other terminal markets. NVIDIA will also continue to develop and support mobile DRAM (memory chip) markets, providing industry-leading DRAM products.
2. Airbus H160 Helicopter Enters Service in China
According to Airbus Helicopters, the company has delivered the first H160 helicopter to Shanghai C&D Aviation Technology Co., Ltd. (Shanghai C&D), marking the official entry into service of the H160 helicopter in China. This aircraft is the fifth of a total of 50 H160 helicopters ordered by Shanghai C&D in April 2023. The H160 helicopter will primarily be used for energy-related applications, including offshore oil and gas platforms, wind farms, port handling, and emergency medical services.
3. National Medical Insurance Bureau: Adds Innovative Drug Catalog; 121 Medicines Pass Preliminary Review
The National Medical Insurance Bureau announced that it has added innovative drug catalog and passed preliminary review of 121 medicines. From July 11 to July 20, the bureau received a total of 718 applications for basic medical insurance, involving 633 generic names, with 534 passing preliminary review. Among them, there were 472 applications outside the basic medical insurance catalog, involving 393 generic names, with 310 passing preliminary review, up from 249 in 2024. At the same time, this year's catalog adjustment also added a catalog of innovative drugs, which was synchronized with the basic medical insurance catalog. The bureau received a total of 141 applications for innovative drug catalog, involving 141 generic names, with 121 passing preliminary review. Some medicines were simultaneously applied to both the basic medical insurance catalog and the innovative drug catalog, but due to differences in application conditions between the two catalogs, there may be inconsistent results between the two.
4. Institutional Analysis: Global Smart Glasses Market Surges 110% in H1 2025
According to Counterpoint's report, the global smart glasses market saw a surge of 110% in the first half of 2025. This growth was primarily driven by strong demand for Ray-Ban Meta smart glasses and the entry of new players such as Xiaomi, TCL-RayNeo, and other smaller brands.
Institutional Views:
Zhongxin Securities believes that recent policies supporting the development of robots in various regions have provided certain industry subsidies or consumer subsidies. The World Robotics Conference has maintained an unprecedented level of enthusiasm, with indigenous robotics players blossoming. Relevant industries, such as agile hands, joint modules, and sensors, are seeing multiple solutions moving forward simultaneously, which is expected to accelerate the iteration of wearable intelligent robots. The progress of the wearable intelligence industry chain is being continually observed, and future events worth watching include the World Robotics Challenge, Zhiman Robot Partners Conference, Optimus 3rd-generation robot release, and indigenous robotics procurement bids.
Tianfeng Securities Research Report believes that insurance funds can increase their allocation to bank stocks from two aspects: one is the incremental capital brought about by the increase in insurance premiums invested in A-shares. The other is the incremental capital brought about by increasing the proportion of equity-type assets allocated to bank stocks. In summary, whether it's due to regulatory guidance or increased asset allocation, insurance funds are expected to continue providing a significant amount of incremental capital for bank stocks, driving their valuations to recover further.
Source: Sina News