Home » Blog » China’s GDP is expect to grow by 5% yearonyear in 2024

China’s GDP is expect to grow by 5% yearonyear in 2024

China’s GDP Sanhua Intelligent Control is a manufacturer of refrigeration control components and automotive

airconditioning and thermal management telegram data system control parts. It ranks first in the world in market

share of airconditioning electronic expansion valves, fourway reversing valves, solenoid valves,

microchannel heat exchangers, automotive electronic expansion valves, new energy vehicle thermal management integrat components, Omega pumps and other products.

Ashare closing review: Shanghai Composite Index rose 0.18%, semiconductor sector explod, Xiaohongshu concept fell back
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The major Ashare indices rose slightly today

As of the close, the Shanghai Composite Index rose 0.18% to 3,241 points, the Shenzhen Component Index rose 0.6%, and the ChiNext Index rose 0.78%.

The total trading volume for the day was 1.15 trillion yuan, down 141.9 billion yuan from the previous trading day, and more than 2,600 stocks rose in the entire market.

 

On the market, the Ministry of Commerce stat that the investigation agency will initiate an

investigation into US import chips in accordance with the law. The semiconductor sector explod in the

afternoon. Many stocks such as Shengbang Shares and Kangqiang Electronics hit the daily limit, and

SMIC rose by more than 6%; the PCB sector rose, and many stocks such as Shengyi Technology hit

the daily limit; the fertilizer sector fluctuat basic knowledge of cdn attack prevention upward, and Sichuan Fa Longmang hit the daily limit;

electronic cigarettes, phosphorus chemicals and electronic components sectors l the gains. In addition,

stocks fell collectively yesterday, Ningbo Dongli hit the limit; Xiaohongshu concept pull back, Laiyifen hit the limit; department stores and initial public offering economy sectors fell, with Yimin Group leading the decline; Sora concept weaken, and Fushi Holdings fell more than 13%; cultural mia, childcare services and millet economy sectors l the decline.

Specifically:

Chip stocks continu to rise, Shengbang Electronics and Qingyi Optoelectronics hit the 20CM daily limit,

Nanochip Microelectronics rose more than 15%, Xinpeng Microelectronics and Helin Microelectronics

rose more than 14%, and Lexin Technology calling list and Hualing Electronics follow suit.

 

On the news front, a spokesperson for the Ministry of Commerce said on the 16th that the domestic chip industry has reflect that the lowpric mature process chips import from the Unit States have impact the domestic market, and the investigating authority will initiate an investigation in accordance with the law China’s GDP.

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