A-Share Market Recap | 2026-09-02 Wednesday
Sentiment: turning from euphoria to ebb, but this is not a crash — it is a rotation of the leading theme. The Shanghai Composite −0.97%, ChiNext Index −2.39%, combined turnover of RMB 1,791.179 billio…
Starr Quant Lab · Desk Research
71 reports
Sentiment: turning from euphoria to ebb, but this is not a crash — it is a rotation of the leading theme. The Shanghai Composite −0.97%, ChiNext Index −2.39%, combined turnover of RMB 1,791.179 billio…
Strongest catalyst: there is not a single heavyweight brand-new policy. In this 16-hour window, the only brand-new, company-level, not-yet-priced hard catalyst is the RMB 633 million server leasing co…
Today's sentiment temperature: warming up, leaning exuberant — but the heat switched tracks. At the index level it was green: SSE Composite −0.16%, SZSE Component −1.02%, ChiNext Index −1.32%, STAR 50…
Today's hardest catalysts are the three pieces of post-close information that landed together between 20:00 and 21:30 last night — all of them occurred after the close, so yesterday's prices do not co…
Today was a day where "the conclusion at the open and the conclusion at the close were exactly opposite", and the pre-market list got it right where it mattered most and got it wrong where it was most…
What has to be priced at today's open is not one piece of news but an entire batch of information that landed over the weekend and that the market has had no chance to trade — 944 interim reports, plu…
Today was a textbook high-to-low rotation: the indices fell but the money-making effect rose — SSE Composite −0.11%, ChiNext −1.41%, STAR 50 −1.85%, while 2,957 stocks rose and 2,110 fell, with 82 lim…
The most worthwhile thing to look at today is not any single news item, but a directional fork revealed by the batch of interim reports that landed last night: gross margins at the upstream materials …
Sentiment is euphoric, but today was a session of "mild index, extreme structure" — combined turnover of the two markets expanded to RMB 2.13 trillion (up 17.4% from RMB 1.81 trillion yesterday), 77 l…
There is only one main line today, and it is a hard one: NVIDIA has tamped down the foundation of the entire AI hardware chain one more layer. Early this morning Beijing time, NVIDIA's FY2027Q2 delive…
Sentiment warmed up moderately, but today's real leading theme was not the one identified pre-market. Shanghai Composite 3912.52 (+0.59%), CSI 300 +0.85%, STAR 50 +1.71%, 52 limit-ups and 0 limit-down…
The entire trading day happens before NVIDIA's earnings. NVIDIA's FY2027Q2 results are set for after the US close on 8/26 (conference call 17:00 ET = 8/27 05:00 Beijing time), so the A-share reaction …
The only genuinely new hard information inside the window is two and a half items: Luxshare Precision's (002475) Q3 earnings pre-announcement, the cash flow and profit purity in Sunrise Optoelectronic…
The strongest catalysts are three pieces of primary material that landed only over the weekend: 中际旭创 (Innolight)'s 8/22 interim report (H1 net profit attributable to parent RMB 13.651 billion, +241.70…
Sentiment temperature: divergent warming (index barely up, limit-up count contracting from 79 to 55, but the failed-limit-up rate falling from 36.8% to 24.7% — "fever breaking, not tide receding"). To…
The strongest catalyst is a policy-grade one: on 8/20 at 14:59 (one minute before the close), six Shanghai departments jointly issued the "Notice on Optimizing the City's Real Estate Policy Measures" …
Sentiment rebounded sharply from the freezing point (118 limit-downs yesterday → 12 today; limit-ups 36 → 79), but the strongest theme of the day did not get a single word in the pre-market list. Of t…
The strongest overnight catalyst is precious metals, but it is a "price event," not an "earnings inflection" — that distinction is the pivot of this entire edition. In the 8/19 US session GLD closed a…
Sentiment at a freezing point — and it is a "structural freezing point": not everything fell together, growth stocks were liquidated one-sidedly. Of 5,899 stocks market-wide, 5,069 fell (91.5%), 118 l…
Today is a head-on collision between an "event day" and a "rates day." The strongest catalyst is robotics: 宇树科技 (Unitree Robotics, 688836, STAR Market) lists today, day one + the 2026 World Robot Conf…
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