A-Share Market Recap | 2026-08-28 Friday
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…
Starr Fintech Global · Desk Research
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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 …
Today was risk-on, but risk appetite landed in exactly one sector. S&P +0.72%, Nasdaq +1.57%, while only 1 of the 11 SPDR sector ETFs closed higher (XLK +3.16%); the other 10 all fell, with defensives…
The strongest catalyst is NVIDIA, but what moved the stock was not the press release — it was the call. NVDA FY27Q2 revenue $96.221 billion (+106%), data center $89 billion (+117%), Q3 guidance $108 b…
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…
At the index level this was the flattest day of the year, but internally a theme handover was completed. S&P 500 closed 7,675.70 (−0.02%), Nasdaq Composite 26,130.20 (−0.08%), Nasdaq 100 29,224.52 (+0…
Today is a market-wide bet centered on NVDA. NVDA reports FY27Q2 at 16:20 ET today with the call at 17:00 ET; options imply a single-day move of about ±5.4%~5.9% (≈ $280 billion of market-cap swing). …
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 …
Today was a "three markets each trading their own story" day: equities bought the chip front-run ahead of NVIDIA's earnings (SMH +1.65%, NVDA ended a seven-day losing streak at +2.19%), bonds bought t…
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…
① Character: not risk-off, but "a single-point semiconductor collapse + broad gains inside the index." Of the 11 sector ETFs, 8 rose and 3 fell; equal-weight RSP +0.12% beat cap-weight SPY −0.29% by 0…
① Strongest single catalyst: AAOI's $600 million ATM offering (SEC 424B5, filed 2026-08-21). Driver type = dilutive financing, not earnings, not guidance, not macro. It is today's only event with a fi…
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…
① Character: risk-on, but "cyclical/value risk-on", not "growth risk-on". Dow +0.98% > Russell 2000 +0.85% > Nasdaq +0.44% ≈ S&P +0.43%, while NVDA −0.98%, INTC −2.24%, SMH −0.40%, XLU −2.28%. VIX clo…
① Today is day 3 of the "fiscal easing vs. a hawkish Fed" mispricing, not day 1 of a new catalyst. On 2026-08-19 (Wednesday) the U.S. Treasury announced it would at least double the size of each long-…
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" …
Today was a risk-off split tape: "macro data too good → the long end reversed → stocks and bonds sold off together, but the squeezed crypto complex and the abandoned memory/optical names led the marke…
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