A-share markets in Shanghai and Shenzhen traded lower amid volatility on Thursday, with motor manufacturing, medical aesthetics, and ground armament sectors leading the gains, while communication equipment, electronic components, and film and cinema sectors showed weaker performance. By the close, the Shanghai Composite Index fell 1.48%, the Shenzhen Component Index dropped 2.96%, the ChiNext Index declined 4.37%, and the Da Zhong 30 Index slipped 0.86%.
Among the constituent stocks of the Da Zhong 30 Index, those that rose against the market on Thursday were China Construction Bank (ASX: 00939) and Sanrui Intelligent, gaining 1.48% and 0.29% respectively; other relatively resilient stocks included SDIC Power, Bank of China, Shanghai Pudong Development Bank, and Huaneng Power International.
Notably, China Construction Bank (ASX: 00939) shares rose more than 1% on Thursday. As a leading domestic commercial bank, CCB serves as an industry benchmark in profitability, integrated operations, and transformation development. The company is anchored in its "three major strategies" of housing rental, inclusive finance, and fintech, while continuously expanding its outreach and actively cultivating key areas of national livelihood such as rural revitalization, green development, elderly care and health, consumer finance, and technology finance. Its transformation achievements are worth watching.
Ping An Securities forecasts the company's EPS for 2026 to 2028 at 1.33 yuan, 1.38 yuan, and 1.44 yuan respectively, maintaining a "recommended" investment rating. On Friday, investors may continue to track movements in the banking and semiconductor sectors.
30 Index Review
Daily report on the constituent stocks of the "Da Zhong 30" index.
Comments