Bullish
A-Share Storage Chip Stocks Surge, Tsinghua Unigroup Rises Over 16%
2026-07-29 13:21:14
A-share memory sector rallied sharply in afternoon trading. Tsinghua Unigroup led gains with a 16% jump, while Yangtze Memory rose over 6.5%, driving broader index strength.
Woofun AI reports that the A-share storage chip sector experienced a significant rally during afternoon trading on July 29. Toray rose by over 16%, C-Changxin rose by over 6.5%, and Zhengfantechnology rose by over 10%. Tongfu Microelectronics and Zhaoyi Innovation also narrowed their losses during the session.
Broader market indices followed the sector's upward momentum. The SZSE Component Index rose by over 1%, the ChiNext Index increased by 1.04%, and the Shanghai Composite Index climbed by 0.23%. More than 4,000 stocks across both markets recorded price increases.
WOOFUN AI
Impact Assessment · Quick Read
The sharp rally in major Chinese memory manufacturers suggests renewed investor confidence in the domestic semiconductor supply chain. With Tsinghua Unigroup and Yangtze Memory leading gains, capital appears to be rotating into hardware assets perceived as beneficiaries of localisation policies. This sector-specific strength may signal a broader risk-on sentiment within A-shares, potentially lifting related tech indices if volume sustains.
Generated by WOOFUN AI · For reference only, not investment advice
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