A-shares close morning session lower; film, healthcare sectors buck trend; ChangXin Technology opens for subscription

Industry
โดย 中国基金报·Read original
Summary · why it matters

On the morning of July 16, the three major A-share indices fell collectively. The Shanghai Composite Index dropped 0.82% to 3,923.2 points, the Shenzhen Component Index fell 0.83%, the ChiNext Index declined 1.73%, and the STAR Composite Index slipped 0.76%. Over 3,200 stocks across the market rose. The film and cinema sector bucked the trend, with Ruyi Film hitting the daily limit for a second straight session, Huanrui Century notching its third daily limit in six sessions, Shanghai Film surging by the daily limit, and Enlight Media jumping nearly 7%. In news, the movie "Eight Immortals" produced by Ruyi Film is set for release on July 18, with pre-sale box office exceeding 50 million yuan. Total box office for 2026 has surpassed 19 billion yuan, and the summer season box office has topped 3.3 billion yuan. CRO concept stocks rallied again, with Joinn Laboratories soaring 8.49%. The company expects first-half net profit attributable to shareholders of 600 million to 900 million yuan, a year-on-year increase of 884.9% to 1,377.4%, mainly due to rising prices of laboratory monkeys. A research report from Zheshang Securities pointed out that the domestic supply-demand gap for laboratory monkeys from 2026 to 2028 is at least 15,000 to 20,000, and monkey prices may remain high. ChangXin Technology opened for subscription today, with an issue price of 8.66 yuan per share, planning to issue 6.688 billion new shares, or 7.691 billion shares if the over-allotment option is fully exercised. The online lottery winning rate is expected to be in the range of 0.3% to 0.7%. In Hong Kong, the Hang Seng Tech Index rose over 3%, Alibaba gained over 5%, Tencent added 2.6%, and Xiaomi and Meituan both surged over 5%.

Impact on stocks 9

Digital Finance & Tokenization · 1 stocks
Electrification & Mobility · 1 stocks
Advanced Air Mobility (eVTOL) · 1 stocks
Artificial Intelligence · 1 stocks
Others · 5 stocks
Shanghai Film Co Ltd
601595
▲ PositiveDemandrelevance

Shanghai Film surged by daily limit amid strong summer box office and sector rally.

Off-coverage companies 1

长鑫存储技术(ChangXin Memory Technologies / CXMT)Private± Mixed
relevance