The three major A-share indices of the Shanghai and Shenzhen stock exchanges opened higher, with computing power and lithium mining stocks continuing to rise

The People's Bank of China today (18th) conducted a 187.5 billion yuan (the same below) seven-day reverse repurchase operation in the open market, with the operation rate remaining at 1.4%. Today, 84.7 billion yuan of reverse repos are maturing, resulting in a net injection of 102.8 billion yuan. The central parity rate of the yuan against the US dollar is reported at 7.1498, down 37 points.

The three major A-share indices opened higher. The SSE Index opened at 3,519 points, up 2 points or 0.08%. The Shenzhen Index opened at 10,902 points, up 29 points or 0.3%. The ChiNext Index opened up 10 points or 0.5%, at 2,279 points.

Banking stocks opened flat, with China Construction Bank (601939.SH) flat at the opening. Industrial and Commercial Bank of China (601398.SH) opened down 0.1%. Real estate stocks, such as Greenland Holdings (600606.SH), stabilized at the market opening, up 1%.

Some computing power stocks continued to rise, with Hongbo (002229.SZ) and Zhiwei Intelligent (001339.SZ) opening up 3.1% and 4.9%, respectively.

Lithium mining stocks continued to rise, with Ganfeng Lithium (002460.SZ), Tianqi Lithium (002466.SZ), and CATL (300750.SZ) opening up 0.5%-1.2%. Additionally, BYD (002594.SZ) opened up 0.3% and 0.4%