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ChiNext Index rallied in the afternoon, rising over 1%. Shenzhen Composite Index gained 0.49%, while the Shanghai Composite Index slipped 0.06%.
2026-07-09
ChiNext Index rallied in the afternoon, rising over 1%. Shenzhen Composite Index gained 0.49%, while the Shanghai Composite Index slipped 0.06%.
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2026-07-09
BNP Paribas SA analyst William Bratton said that despite increased volatility in South Korean chip stocks, the country's tech supercycle is expected to persist in the near term. He said fundamentals and structural drivers behind the memory rally rema
BNP Paribas SA analyst William Bratton said that despite increased volatility in South Korean chip stocks, the country's tech supercycle is expected to persist in the near term. He said fundamentals and structural drivers behind the memory rally remains intact, supported by strong earnings momentum and a lack of convincing earnings growth stories elsewhere in the region. "It's too early to say the forces driving Asian and Korean tech sectors have ended," he added, while warning that if the tech cycle eventually turns, Korean equities could face significant headwinds; recent pullbacks are normal consolidation rather than a structural reversal of the tech investment theme.
2026-07-09
China's STAR 50 index gained over 8%; only two constituents declined.
China's STAR 50 index gained over 8%; only two constituents declined.
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