---
title: "A-shares closing: The Shanghai Composite Index fluctuated and rebounded, rising 0.39%, with the innovative drug concept exploding again"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/246779033.md"
description: "The A-share market experienced fluctuations throughout the day, with the three major indices showing mixed results. The innovative drug concept surged again, with stocks like Angli Kang and Thalys hitting the daily limit. Chip stocks continued to perform strongly, with Chengbangshare and Kaimeteqi also reaching the limit. Military stocks were partially active, with Great Wall Military Industry and Jihua Group hitting the daily limit. The digital currency concept declined, with Jida Zhengyuan and Cuiwei Co., Ltd. hitting the daily limit. The Shanghai Composite Index rose by 0.39%, the Shenzhen Component Index rose by 0.11%, and the ChiNext Index fell by 0.24%"
datetime: "2025-07-01T07:01:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/246779033.md)
  - [en](https://longbridge.com/en/news/246779033.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/246779033.md)
---

# A-shares closing: The Shanghai Composite Index fluctuated and rebounded, rising 0.39%, with the innovative drug concept exploding again

The A-share market experienced fluctuations throughout the day, with the three major indices showing mixed results. The innovative drug concept surged again, with stocks like Angli Kang and Thalys hitting the daily limit. Chip stocks continued to perform strongly, with Chengbangshare and Kaimeteqi also reaching the limit. Military stocks were partially active, with Great Wall Military Industry and Jihua Group hitting the daily limit. On the downside, the digital currency concept declined, with Jida Zhengyuan and Cuiwei Co., Ltd. hitting the daily limit. Individual stocks showed mixed results, with today's trading volume exceeding 1.49 trillion. By the close, the Shanghai Composite Index rose by 0.39%, the Shenzhen Component Index rose by 0.11%, and the ChiNext Index fell by 0.24%

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