Closing Remarks: The Shanghai Composite Index rose slightly by 0.32% after hitting a high and then falling back. Over 4100 individual stocks in the entire market saw declines.
The three major indexes of A shares rose and fell today, with the Shanghai Composite Index up 0.32%, the Shenzhen Component Index down 0.25%, the Growth Enterprise Index down 0.36%, and the BeiZhen 50 Index down 1.08% at the close. The total turnover of the entire market was 1.455 trillion yuan, an increase of 121 billion yuan from the previous day. Over 4100 stocks in the entire market fell. In terms of sectors, cross-border payments, banks, games, power, steel, and innovative medicine sectors led the gains; solid-state batteries, non-ferrous metals, beauty care, and wind power equipment sectors led the declines. On the market, the bank sector as a whole rose, with stocks of CITIC Bank, Shanghai Pudong Development Bank, and Shanghai Bank hitting historic highs. Stocks in the innovative medicine sector were actively traded, with Guangshengtang hitting the 20% daily limit for the second consecutive day and Saeli Medical rising for 4 consecutive days. The cross-border payment sector performed well, with Xinyada and Jingbei rising by the daily limit. Stocks in the solid-state battery sector collectively fell, with Xinyu Renda down 10%, Huasheng Lithium Battery, and Jinyinhai leading the declines. The wind power equipment sector performed poorly, with Jixin Technology hitting the limit down mid-day, and Dajin Heavy Industry and Taisheng Wind Power following suit. The non-ferrous metals sector continued to fall in the afternoon, with Jingyi Shares hitting the limit down, and North Copper Industry and Guangsheng Nonferrous Metals leading the declines.
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