Objective market moves across A-shares, Hong Kong, U.S. equities and commodities. Market tape is excluded from industry-impact scoring.
ChangXin Technology's share price skyrocketed over 530% to end at RMB54.65. Trading turnover exceeded 117.3 billion RMB, pushing its total market value to 3.65 trillion RMB. The single-day jump and massive turnover highlight a day of exceptional market activity.
As of July 24, 135 stocks on the Shanghai and Shenzhen stock exchanges have recorded net main capital inflows for five or more consecutive trading days. Among them, Faslion has the longest streak at 13 consecutive days. Other stocks with extended streaks include Zhejiang Hengwei, Haoyang Shares, Times New Material, Matrix Shares, Jiuzhou Yigui, Lafang Household Chemical, Baibang Technology, and Aero Engine Power.
Shares of Changxin Technology surged more than 500%, finishing the session at RMB 51.96. Trading volume topped RMB 115.8 billion, lifting the company’s total market value to RMB 3.47 trillion.
The Shanghai Composite Index edged up 0.60% to 3837.25 points by 10:29 on July 27, with A-share total turnover reaching RMB 1.0515 trillion. A total of 2,293 stocks broke above their 5-day moving average; leading gainers included Shanke Intelligent (deviation 15.40%, up 20.00%), Aipeng Medical (14.26%, up 19.99%), Chengdu Huawei (12.87%, up 20.00%), and Zijian Electronics (12.82%, up 19.99%).
Contemporary Amperex Technology Co. Ltd. (CATL) saw its turnover reach RMB 10.37 billion as of 10:38 a. m. local time, surpassing the previous trading day's full-day turnover of RMB 9.82 billion. The share price rose 4.87%, and the turnover rate was 0.61%. The battery giant's stock traded actively in the morning session.
As of 10:36, GigaDevice's trading volume reached RMB 15.297 billion, exceeding RMB 15 billion. The latest share price fell 5.86%, with a turnover rate of 5.35%. The previous trading day's full-day volume was RMB 22.861 billion.
Eoptolink Technology's trading volume reached 10.017 billion yuan by 10:44 a. m. , surpassing the 10 billion yuan mark. The stock rose 0.13%, with a turnover rate of 1.67%. The previous full-day trading volume was 16.319 billion yuan. The company, Chengdu Eoptolink Technology Co. , Ltd. , was founded in 2008 with a registered capital of 1.39 billion yuan.
By 10:27 AM, the Shanghai Composite rose 0.59% with turnover exceeding RMB 1 trillion, up 11.7% from the previous session. Over 5,000 stocks advanced, including 65 hitting the daily limit, while 432 declined. The building materials sector led gains with a 4.81% rise, driven by International Composite Materials up 14.2%. The oil and petrochemical sector fell 1.75%, with Keli Gufen down 12.94%.
As of 10:29 a. m. on July 27, the Shanghai Composite Index stood at 3,837.25 points, below the annual line, up 0.60% for the day, with total A-share turnover at 1,058.435 billion yuan. A total of 95 A-share stocks broke through the annual line. Among them, Zhongshi Technology had the highest deviation rate of 9.06%, followed by ST Hongda at 7.51% and Guotou Zhonglu at 7.30%. Other stocks with smaller deviation rates included NARI Technology, ST Renzi, and Yingxin Development.
AI application concept stocks surged intraday, with Zhidu Co. , Ltd. hitting its daily limit and Mio Exhibition rising over 15%. Suzhou Keda had already reached its daily limit earlier, while Xuanya International and Youzu Network also advanced.
On July 27, AI application concept stocks saw notable gains. Mio Exhibition surged to a 20% limit-up, while Zhidu Stock and Suzhou Keda also hit their daily limit-ups. Other stocks including Xuanya International, Youzu Network, Fushi Holdings, and Chinese Online followed the upward trend.
Changxin Memory Technologies (Changxin Technology) debuted on Shanghai's STAR Market at RMB 49.5 per share, surging 471.59% above its issue price of RMB 8.66. The opening market cap of RMB 3.31 trillion made it the largest A-share company. The IPO raised RMB 66.6 billion, a record for the STAR Market. Proceeds will fund manufacturing upgrades, DRAM technology development, and R&D. Anhui now has 190 A-share listed firms; 85% of recent domestic listings in the province are high-tech or specialty enterprises.
In the 29th trading week of 2026, share prices of Korea's two leading semiconductor companies swung sharply, causing the Hang Seng Index to also fluctuate significantly. During the same period, trading volumes of Hong Kong-listed medical stocks rose notably month-on-month: Jinxin Fertility volume surged 85%, Hygeia Healthcare rose 30%, China Resources Medical increased nearly 60%, and Gushengtang gained 10%, the latter having maintained elevated volume for an extended period.
Contemporary Amperex Technology Co. Ltd. (CATL) reported that its A-share trading volume surpassed RMB 100 billion, while its stock price increased by more than 4%. The figures indicate active trading in the battery maker's shares.
The film and cinema sector extended its rally, with Aofei Entertainment hitting its daily price limit for another session. Other stocks including Xingfu Lanhai, Huazhi Digital Media, Beijing Culture, Ruyi Film, and Ciwen Media also rose in sympathy.
Changxin Technology made its debut on the STAR Market on July 27, with active first-hour trading. The turnover rate surpassed 50% and turnover value exceeded 103 billion yuan. The stock price fluctuated between 38.11 yuan and 49.88 yuan, opening at 49.50 yuan and later recovering to near 49 yuan.
On July 27, 2026, ChangXin Technology shares opened at RMB 49.5 per share, then sharply declined to an intraday low of RMB 38.11. The stock subsequently rebounded, reaching RMB 49.5 again by 10:19 am and continuing to rise. The turnover rate exceeded 48%, with trading volume surpassing RMB 100 billion. The company's market capitalization reached RMB 3.3 trillion.
The combined trading volume on the Shanghai and Shenzhen stock exchanges surpassed 1 trillion yuan, reflecting a rise in market activity. The milestone underscores increased investor participation and liquidity in China's A-share markets.
On July 27, the combined turnover of the Shanghai and Shenzhen stock exchanges surpassed RMB 1 trillion, reflecting high trading activity in China's A-share market. The figure represents the total value of shares traded on the two exchanges during the session.
CME Group has launched single-stock futures covering more than 50 of the largest US companies, including the Magnificent Seven, Micron, Pfizer, and Walmart. The contracts are cash-settled based on the closing price of the underlying stock and offer leveraged exposure. Trading is available 23 hours a day, five days a week. There are two types of quarterly contracts: larger contracts based on 100 shares and 22 micro futures based on 10 shares. Single-stock futures were banned in the US for nearly 20 years until 2002 but failed to attract sufficient interest and ceased trading in 2020.
Investor Michael Burry disclosed on July 27, 2026, that he added short positions in Micron Technology at $933.86, Nvidia at $210.28, and Caterpillar at $893.49, and increased his short in the iShares Semiconductor ETF (SOXX) at $535.83. He maintained shorts in Tesla and Palantir and holds puts on the Invesco QQQ Trust. On the long side, Burry bought Flutter Entertainment at $100.72 and DraftKings at $23.07. Earlier this month, he had shorted Micron at $1,051.87. Micron shares have fallen about 20% month-to-date, and SOXX has dropped nearly 18%.
Changxin Technology shares soared 473% in a single session, with trading turnover exceeding RMB100 billion. The turnover surpassed the previous A-share individual stock record of RMB90 billion set by East Money on October 9, 2024, establishing a new all-time high for daily turnover in China's A-share market.
On July 27, Changxin Technology's trading volume exceeded 100 billion yuan. The stock price rose over 470% during the session. The combination of high turnover and substantial price gain underscores the stock's active trading.
A total of 32 stocks on China's two exchanges have recorded net margin buying for more than five consecutive trading days, with Songfa Co. , Ltd. and Benli Technology Co. leading the list at nine consecutive days each. Other stocks with extended net buying streaks include Puruisi, Huaxi Nonferrous, Shaanxi Energy, Yuekang Pharmaceutical, Dawei Shares, Jinhui Shares, Zhejiang Huayuan, and Hengda New Materials.
On July 24, eight of the 31 Shenwan first-level industries recorded net margin buying, with the petroleum and petrochemical sector ranking first at 2.2 billion yuan. Among individual stocks, Dongshan Precision posted the largest net buying amount of 3.41 billion yuan, followed by Dongcai Technology, Changchuan Technology, Zhongke Feice, and others.
As of July 24, the STAR Market's total margin balance stood at 349.617 billion RMB, down 2.878 billion from the previous trading day. Margin buying balance fell 2.891 billion to 348.069 billion RMB, while short selling balance edged up 0.013 billion to 1.548 billion RMB. Zhongke Feice recorded the largest net margin buying of 2.7 billion RMB, followed by Zhenfan Technology, Montage Technology, and others.
On July 24, active stocks under the Stock Connect program recorded a total turnover of HK$393.54 billion and a net sell of HK$41.02 billion. Among the stocks traded, five saw net buying from southbound funds. Huahong Hongli led with a net buy of HK$3.79 billion, followed by SMIC (HK$3.20 billion), Zhipu (HK$2.39 billion), Zhaoyi Innovation (HK$1.72 billion), and Lanqi Technology (HK$0.14 billion). Zhipu has been net bought for five consecutive days, accumulating HK$25.47 billion, while Lanqi Technology has been net bought for three consecutive days. At the close, Zhipu rose 5.64% to HK$1,237.00, Lanqi Technology gained 6.67% to HK$332.60, Huahong Hongli inched up 0.27% to HK$149.80, SMIC added 0.85% to HK$71.35, and Zhaoyi Innovation advanced 1.52% to HK$568.00.
On July 24, southbound trading via Stock Connect saw total turnover of HKD 39.354 billion and net selling of HKD 4.102 billion. Montage Technology recorded HKD 1.68 billion in turnover and net buying of HKD 14 million on the day. The stock has seen net buying for three consecutive days, accumulating HKD 152 million, during which its share price rose 7.64%.
Hong Kong stock indexes advanced, with the Hang Seng Tech Index rising over 1% and the Hang Seng Index gaining 0.7%. Among individual stocks, Zhipu surged more than 7%, while Xiaomi Group and Trip. com Group each rose over 4%.
Changxin Technology listed on the STAR Market on July 27, 2026, with an opening market capitalization of 3.3 trillion RMB, making it the new A-share market cap champion, surpassing ICBC. The milestone reflects the shifting economic focus over 35 years, as the top spot has rotated among industrial, financial, and technology companies.