A-Share Morning Report: Three Major Indices Open Lower, with Shanghai Composite Down 0.05%; Child Education Sector Flies High! Hualan Education Hits Limit Up, Haier Piano Surges Over 5%, North Tech and Handinnotech Hit Limit Up!
Glorious 8/6|A-shares opened with a decline in Shanghai Composite, down 0.05%, Shenzhen Component Index down 0.14%, Start-up Board index down 0.32%. On the market, the child education sector opened strongly, with Hualan Education (600661) hitting limit up, Haier Piano (300329) surging over 5%, the national child education subsidy policy has taken effect, exempting public preschools from teaching fees for their first year of operation; game stocks generally rose, with North Tech hitting limit up, Handinnotech (300315) surging over 5%; film and television stocks adjusted, with Shanghai Film, China Film (600977) falling over 3%. The new material from Xinhua opened sharply down, with a drop of over 16.7%; if the stock price continues to rise, the company may need to apply for continuous suspension again. (Glorious)