The ChiNext Index rebounded with a 2.84% increase, despite over 4,200 stocks declining across the A-share market. Trading volume surged, with the Shanghai and Shenzhen exchanges reporting a combined turnover of 3.59 trillion yuan, up 310 billion yuan from the previous day. Heavyweight stocks showed strong momentum, contributing to the market's mixed performance.
Sector-wise, the memory chip concept saw significant gains, with Beijing Ingenic Semiconductor and Demingli hitting their daily limit ups. The supercapacitor and advanced packaging concepts also performed well, with companies like Black Cat Co., Ltd. and JCET achieving multiple limit-up boards. Conversely, the precious metals sector experienced a broad correction, impacting stocks such as Xingye Yinxi and Zijin Mining. At the close, the Shanghai Composite Index rose 0.23%, and the Shenzhen Component Index increased by 1.82%.
ChiNext Index Rises 2.84% Amid Broad Market Decline
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