Shenzhen Component gains 227 points as AI chips rebound

The Shenzhen Component closed at 11,473 points on October 28, up 227 points or 2.0 percent, Xinhua reported. SK Hynix reported third-quarter revenue of KRW 104.62 trillion, helping renew demand for artificial-intelligence hardware, Investing.com said.

Zhongji Innolight surged 10.3 percent, making it the strongest major stock move cited in the session. Its advance came as communications equipment and semiconductor shares led the rebound.

Why did the Shenzhen Component rebound?

Technology sectors led the advance after strong overseas chip earnings improved sentiment toward artificial-intelligence demand. SK Hynix reported operating profit of KRW 83.33 trillion against market expectations of KRW 77.5 trillion, the market review said. Chinese technology companies also released strong third-quarter results, including a 621.0 percent year-over-year increase in Fu Hanwei's net profit.

Communications equipment rose 6.0 percent, components gained 5.0 percent and semiconductors advanced 4.2 percent. Food and beverage fell 1.5 percent after Wuliangye reported third-quarter net profit of RMB 958 million, down 48.3 percent year over year, Futunn Finance reported.

Winners and losers in the Shenzhen Component

The session's stock moves and sector performance were summarized by Investing.com:

• Zhongji Innolight up 10.3 percent on stronger AI hardware demand.
• JPT up 16.6 percent after third-quarter net profit rose 114.0 percent.
• Xinyisheng up 8.1 percent after signaling faster 1.6T product shipments.
• Guifaxiang down 7.7 percent as food and beverage shares weakened.
• Jinhui Liquor down 6.2 percent amid weakness in baijiu stocks.
• Wuliangye down 4.0 percent after its profit decline.

Course and breadth of the Shenzhen Component

The index opened at 11,359 points, up 1.0 percent, before a pullback and an afternoon recovery, Capital Futures reported. More than 4,100 stocks rose across the market, while combined Shanghai and Shenzhen turnover reached RMB 1.63 trillion, up RMB 167.5 billion from the previous session.

What comes next for the Shenzhen Component

• October 29, 2026, 9:30 a.m. CST: Shenzhen Component trading resumes at the Shenzhen Stock Exchange, CNI states.

Shenzhen Component price data for October 28, 2026

The Shenzhen Component closed at 11,473 points on October 28, 2026, according to Xinhua. It rose 227 points, or 2.0 percent, from the previous close of 11,246 points. The index opened at 11,359 points.

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