U.S. chip stocks fell late at night, San Disk fell more than 6%, and Chinese assets exploded
On the evening of July 15th, Beijing time, the three major U.S. stock indexes collectively rose at the opening. As of 9:40, the Dow Jones Index rose 0.43%, the S&P 500 Index rose 0.38%, and the Nasdaq Composite Index rose 0.56%. Most popular chip stocks were lower, with the Philadelphia Semiconductor Index falling 0.8%. SK Hynix fell nearly 7%, SanDisk fell more than 6%, Western Digital fell nearly 4%, and Micron Technology fell more than 3%. NOVA, Broadcom, and ARM rose slightly. China's assets exploded, and the Nasdaq China Golden Dragon Index rose by more than 3%.
On the evening of July 15th, Beijing time, the three major U.S. stock indexes collectively rose at the opening. As of 9:40, the Dow Jones Index rose 0.43%, the S&P 500 Index rose 0.38%, and the Nasdaq Composite Index rose 0.56%. Most popular chip stocks were lower, with the Philadelphia Semiconductor Index falling 0.8%. SK Hynix fell nearly 7%, SanDisk fell more than 6%, Western Digital fell nearly 4%, and Micron Technology fell more than 3%. NOVA, Broadcom, and ARM rose slightly. China's assets exploded, and the Nasdaq China Golden Dragon Index rose by more than 3%. Leading the gains were China Concept Technology, with Alibaba rising nearly 8%, and Alibaba Qianwen will be integrated into Apple Smart as an AI capability; Meituan rose more than 6%, and Tencent Holdings, JD.com, Baidu, and Pinduoduo rose more than 3%. In addition, SoYoung and Miniso rose by more than 10%, Canadian Solar rose by more than 9%, Beike rose by more than 7%, and Bilibili and Xpeng Motors were among the top gainers. (