On July 9, the market bottomed out and rebounded, with the three major indices all rallying. The STAR 50 Index surged 8.41%. Suntak Technology, a leader in small-batch custom PCBs, saw a flood of buy orders as the afternoon session opened, reaching as high as 77,000 lots. The stock hit its daily limit within one minute, marking its second board in four days. It closed at 17.15 yuan per share, with a latest market cap of 21.166 billion yuan, and over 490,000 lots queued at the limit-up price. Dongshan Precision, another PCB leader, hit its daily limit in late trading, closing at 261.32 yuan per share with a total market cap of 478.64 billion yuan. The semiconductor supply chain staged a collective breakout, with SMIC surging over 13% to a record high. The advanced packaging concept was active again, with JCET, Langdi Group, and Tongxingda hitting their daily limits. Combined turnover on the Shanghai and Shenzhen exchanges reached 2.91 trillion yuan, an increase of 350.2 billion yuan from the previous session. The Shanghai Composite Index rose 1.65%, the Shenzhen Component Index gained 3.07%, and the ChiNext Index advanced 4.49%.
SMIC
Suzhou Dongshan Precision Manufacturing Co Ltd
Shenzhen Suntak Circuit Technology Co Ltd
Shenzhen TXD Technology Co Ltd
Shenzhen AV-Display Co. Ltd.
JCET Group Co Ltd
Zhejiang Langdi Group Co Ltd
Semiconductor Manufacturing Intl Co