Closing Commentary: Shanghai Composite Index rose by 0.16% in a narrow range of oscillation. Rare earth and permanent magnet sector strengthened in the afternoon.

The three major A-share indexes fluctuated differently. As of the close, the Shanghai Composite Index rose by 0.16%, the Shenzhen Component Index fell by 0.18%, and the ChiNext Index fell by 0.68%. The Beixin 50 Index remained flat. The total turnover in Shanghai, Shenzhen, and Beijing markets reached 1.8525 trillion yuan, an increase of 93.2 billion yuan from the previous day. Over 2,100 stocks in the two markets rose. In terms of sector themes, the semiconductor, medical equipment, and rare earth permanent magnet sectors rose, while the CRO and innovative drug sectors underwent adjustments. In terms of the market, the semiconductor sector fluctuated and strengthened, with companies like DaWei Shares and Star Semiconductor hitting the daily limit up and FuMan Microelectronics hitting the limit up. The medical equipment sector surged then fell back, with companies like LideMan, Sinocare Medical, and China Red Medical hitting the daily limit up, while Dabo Pharmaceuticals hit the daily limit up. The rare earth permanent magnet sector strengthened in the afternoon, with companies like ZhengHai Magnetic Materials hitting the daily limit up and Ningbo Yunsheng hitting the limit up. The CRO sector weakened, with MeinoHua dropping more than 5%. The innovative drug sector declined, with Qianhong Pharma hitting the limit down.