Closing Review: The Shanghai Composite Index rose and fell by 0.46%, hitting a four-year high above 3700 points before retreating. The digital currency and insurance sectors showed strength.

date
16/08/2025
The three major indexes of A-shares collectively fell, with the Shanghai Composite Index down 0.46%, the Shenzhen Component Index down 0.87%, the ChiNext Index down 1.08%, and the BeiZong 50 Index down 1.99% at the close. The total turnover of the Shanghai, Shenzhen and Hong Kong markets was 230.63 billion yuan for the whole day, an increase of 131.1 billion yuan compared to the previous day. More than 4600 stocks in the market fell. In terms of sectors, the digital currency, insurance, and brain-machine interface sectors rose, while the military equipment and CPO sectors adjusted. In the market, the digital currency sector was strong across the board, with Hengbao shares, Zhongke Jincai, and Jidazhengyuan all hitting the limit up. The insurance sector rose, with China Taiping up more than 5%. The brain-machine interface sector continued to strengthen, with stocks such as Innovation Medical and Nanjing Panda hitting the limit up. Military equipment declined, with several stocks such as Beifang Changlong, Changcheng Military Industry, and Tianqin Equipment falling more than 7%. The CPO sector adjusted, with several stocks such as Huilv Ecology and Jingwang Electronics falling more than 7%.