From BigGo Finance · BigGo Finance · · 1m
China National Data Group Launch Sparks Data Stocks
China's National Data Group debut lifts data-element stocks with limit-ups as robot theme gains momentum.
In brief
China's National Data Group debut lifts data-element stocks with limit-ups as robot theme gains momentum. China National Data Group's launch triggered over a dozen data-element stocks hitting daily limit-ups and boosted robot-themed stocks amid market rotation. Originally reported by BigGo Finance.
Market Reaction
China's three main stock indexes closed lower on the 21st with ChiNext hitting a fresh stage low.
Data-Element Stocks Surge
Beijing SunWise, Northern United Publishing & Media, Fujian Rongji Software and Jiuyuan Yinhai hit daily limit-up.
National Data Group Launch
China National Data Group Co., Ltd. formal establishment rapidly heated up data-elements sector sentiment.
Robot Theme Activity
Daye Special Steel advanced to fourth consecutive limit-up while Taier Heavy Industry and Sunsea AIoT hit limit.
Computing-Power Hardware Split
Eoptolink and Zhongji Innolight closed lower while TFC Optical Communication held up relatively well.
Market Outlook
Market expects data-elements enthusiasm to spread to AI applications and industry data deployment next.
The big picture
China National Data Group's launch triggered over a dozen data-element stocks hitting daily limit-ups and boosted robot-themed stocks amid market rotation.
