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CICC Fund MSCI China A International Quality ETF
515910.SH
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China Stocks Drop on Tech Selloff

China's Shanghai Composite fell 1.6% and Shenzhen Component dropped 2.8% due to a tech and AI-linked global selloff. Key tech decliners included Zhongji Innolight, Eoptolink Technology, Shannon Semiconductor, Foxconn Industrial, and Victory Giant. New energy stocks like Sungrow Power, Contemporary Amperex, and Ganfeng Lithium also saw losses.

Trading Economics·
SZ
300308
-5.69%
SZ
300502
-8.46%
HK
01772
-12.64%
Trading Economics·
SZ
300308
-5.69%
SZ
300502
-8.46%
HK
01772
-12.64%

Goldman Sachs raised the target price for Zhongji Innolight to 762:800G, expecting revenue to double next year, and the 1.6T technology iteration is expected to bring a new growth cycle

Goldman Sachs stated that benefiting from the diversification trend of ASIC chips and the surge in demand for high-speed connections, the company's net profit compound annual growth rate is expected to reach 59% from 2025 to 2028, with 800G optical module revenue expected to soar by 104% year-on-year in 2026, and 1.6T optical module revenue expected to skyrocket by 110% in 2027. The net profit forecasts for Zhongji Innolight for 2026 and 2027 have been raised by 23% and 28%, reaching 21.645 billion and 29.944 billion yuan, respectively

Wallstreetcn·
SZ
300308
-5.69%
Wallstreetcn·
SZ
300308
-5.69%

"Domestic Medical Device Leader" Listed for the Third Time: Mindray Aims for Internationalization

Not for financing

Wallstreetcn·
SZ
300760
-1.88%
Wallstreetcn·
SZ
300760
-1.88%