A-share closing review: Shanghai Composite Index fluctuated slightly higher, power and power grid equipment sectors collectively rose sharply
2025-07-07 15:01:49

The three major A-share indices rose and fell today. As of the close, the Shanghai Composite Index rose 0.02%, the Shenzhen Component Index fell 0.7%, the ChiNext Index fell 1.21%, and the Beijing Stock Exchange 50 Index fell 0.93%. The total market turnover was 1.227 trillion yuan, a decrease of 227.4 billion yuan from the previous day. More than 3,200 stocks rose in the entire market. In terms of sector themes, the CSSC, power, power grid equipment, cross-border payment, real estate, diversified finance, and football sectors led the gains; weight loss drugs, CPO, AI PC, and 6G concept stocks led the declines. On the market, the power and power grid equipment sectors collectively rose sharply, and more than 10 stocks such as Xinling Electric, Great Wall Electric, and Shaoneng Co., Ltd. hit the daily limit. The cross-border payment sector performed actively, and stocks such as Beijing North, Qingdao King King, and Xinyada hit the daily limit. The real estate sector maintained its gains, and stocks such as Chongqing Development, Nanshan Holdings, and Shahe Co., Ltd. closed the board. Football concept stocks rose, and Gongchuang Lawn and Shuangxiang Co., Ltd. both hit the daily limit. Innovative drug concept stocks rose and then fell. Sinovac Biotech fell 17% during the day. Nanjing Xinbai, Rejing Biotech and Yipinhong were the biggest losers. Most CPO concept stocks adjusted, with Dongshan Precision, Shengyi Electronics and Zhaolong Interconnect leading the decline. The memory chip sector performed poorly. Chengbang shares hit the limit down in the late trading. Infront Micro, Haoshanghao and Dawei shares followed suit.
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