
On January 16, 2025, the Shanghai Stock Exchange reported a financing balance increase of 34.85 billion yuan, reaching a total of 9,349.84 billion yuan, while the Shenzhen Stock Exchange's financing balance rose by 79.39 billion yuan to 8,797.85 billion yuan. The overall financing balance for both exchanges climbed to 18,147.69 trillion yuan, up 114.24 billion yuan from the previous trading day. In terms of market performance, the Chinext Index and Shenzhen Component Index both gained over 1%, while the Shanghai Composite Index rose by 0.7%. Conversely, the Hang Seng Index and Hang Seng Tech Index both turned positive, closing up 1.23%. Notably, Chinese AI chipmaker Cambricon, which recently predicted its first quarterly profit, saw its stock tumble over 8% intraday despite high trading volumes exceeding 3.2 billion yuan. The turnover on the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan for the third consecutive day, indicating robust market activity. Additionally, the Hong Kong one-month HKD HIBOR dropped to 3.91530, the lowest in one month, after a seven-day streak.
🇭🇰📈AT CLOSE, HANG SENG INDEX ROSE 1.23% AND HANG SENG TECH INDEX ROSE 1.23%XPENG UP NEARLY 7% AND SMIC DOWN MORE THAN 3%. #CHINA $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG https://t.co/GrlUoJD68z https://t.co/uwHzQ2Jo9H
Chinese #AI Chip Startup Cambricon Anticipates First Quarterly Profit https://t.co/nEoIXWhqPG
🇨🇳TURNOVER ON SSE AND SZSE EXCEEDED 1 TRILLION YUAN FOR THE THIRD CONSECUTIVE TRADING DAY. #CHINA $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG https://t.co/yS34W6jhor https://t.co/09hpUADbl9








