Summary: The ChiNext Index closed up by 1.65% with all military stocks rallying.

date
08/05/2025
The three major indexes collectively closed higher, with the ChiNext Index rising more than 1%. In terms of sectors, the military industry concept continued to surge, with aviation leading the gains. Seven-Feng Precision Machinery rose by the daily limit of 30cm, while AVIC Aircraft and Huawoo Group both rose by 20cm. The high-speed copper cable connection concept showed strength, with Voel Co. hitting the daily limit. The CPO concept strengthened, with Cambridge Technology hitting the daily limit in intraday trading. The gold concept fluctuated lower, with Caibai Stock and Chaohongji leading the declines. PEEK materials fell into a correction, with Zhongxin Fluoromaterials hitting the limit down. Agricultural stocks collectively adjusted, with the planting sector leading the declines, and Qiule Seed Industry having the largest decline. Overall, individual stocks rose more than fell, with over 3800 individual stocks rising. As of the close, the Shanghai Composite Index reported 3352.00 points, up 0.28%; the Shenzhen Component Index reported 10197.66 points, up 0.93%; and the ChiNext Index reported 2029.45 points, up 1.65%. On the market, the aviation concept, military electronics, and high-speed copper cable connection sectors led the gains, while precious metals, soybeans, and PEEK materials sectors led the declines.