AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Shenzhen Component Index rose above 11,000, highest since March, now up over 0.81%
ByAinvest
Monday, Jul 21, 2025 2:29 am ET1min read
Shenzhen Component Index rose above 11,000, highest since March, now up over 0.81%
The Shenzhen Component Index (SZI) surged above 11,000 on July 2, 2025, reaching its highest level since March, according to data from CNBC [1]. The index closed at 10,990.62, up by 0.70% from the previous close of 10,913.84. This marks a significant increase, with the index now up over 0.81% for the day.The upward movement was driven by a combination of factors, including positive sentiment surrounding the potential resumption of H20 AI chip sales to China by Nvidia, as reported by CNBC [2]. Additionally, the index benefited from a strengthening Japanese yen following the defeat of the ruling party in Japan, which contributed to a positive market sentiment in the Asia-Pacific region [3].
Investors also took note of the latest earnings reports from Taiwan Semiconductor (TSMC) and other tech stocks, which showed strong performance in AI, robotics, and Apple supply chain sectors [4]. TSMC's earnings call, in particular, highlighted the potential for future demand in humanoid robots, which sparked a rally in related stocks [5].
The mixed stock futures during Thursday's premarket hours, following President Trump's denial of plans to fire Jerome Powell, also played a role in the market's optimism. Trump's comments helped to stabilize the market and boost investor confidence [6].
Looking ahead, the market will continue to watch for clarity on US tariffs and the potential impact on tech stocks. Investors remain hopeful that the uncertainty surrounding US tariffs will be resolved, supporting market stability [7].
References:
[1] https://www.cnbc.com/quotes/.SZI
[2] https://www.cnbc.com/2025/07/14/chinese-tech-stocks-rally-on-nvidia-intent-to-resume-h20-ai-chip-sales-to-china-soon.html
[3] https://www.cnbc.com/2025/07/16/asia-pacific-markets-mostly-rise-as-investors-assess-japans-trade-data-and-trumps-plans-for-powell.html
[4] https://www.taiwannews.com.tw/news/6159173
[5] https://www.ainvest.com/news/stock-market-update-tsm-ual-key-movers-trump-comments-powell-2507/
[6] https://www.business-standard.com/world-news/not-planning-to-fire-federal-reserve-chair-jerome-powell-says-trump-125071601495_1.html
[7] https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-nvidia-chipmaker-taiwan-semiconductor-netflix-trump-powell-ferrari/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet