Having recently traded China A shares myself, my impression was that the market is far too easily moved, and even manipulated, by absurd rumors.
At the time, I held a leading Chinese CCL stock. One day, a rumor circulated that Chinese securities regulators were investigating a fund for allegedly manipulating CCL related stocks. As a result, a stock that had been up nearly 7% intraday quickly gave back all its gains and fell back to around flat.
But after local Chinese media looked into the matter, the rumor was found to be false.
A shares are far too vulnerable to rumors. I no longer trade China A shares.
If it really plays out like this… lol, that would be amazing.
Jefferies held an expert call with a memory consultant, and according to this expert, memory prices are expected to rise 40–50% QoQ in 3Q26, followed by another 30–40% QoQ increase in 4Q26.
This is significantly above the current consensus expectations of 15–20% in 3Q and less than 30% in 4Q.