---
title: "A-shares closing: The Shanghai Composite Index fluctuated narrowly and rose slightly, with power stocks collectively surging"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247440365.md"
description: "The A-share market today showed a slight increase in the Shanghai Composite Index by 0.02%, while the Shenzhen Component Index fell by 0.7%, and the ChiNext Index dropped by 1.21%. Power stocks such as SHAONENG and DHEP performed prominently, with nearly 10 stocks hitting the daily limit. Cross-border payment and stablecoin concept stocks were also active, with multiple individual stocks reaching the daily limit. Real estate stocks like Yukaifa and Shahe shares saw intraday surges. Innovative drug concept stock Kexing Pharmaceutical fell over 15%. Overall, more than 3,200 stocks in the Shanghai, Shenzhen, and Beijing markets rose, with a trading volume exceeding 1.22 trillion"
datetime: "2025-07-07T07:02:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247440365.md)
  - [en](https://longbridge.com/en/news/247440365.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247440365.md)
generator: "portal-rs"
---

# A-shares closing: The Shanghai Composite Index fluctuated narrowly and rose slightly, with power stocks collectively surging

The Shanghai Composite Index fluctuated within a narrow range throughout the day, while the ChiNext Index fell over 1%. Power stocks surged against the trend, with nearly 10 stocks including SHAONENG, DHEP, and Shimao Energy hitting the daily limit. The concepts of cross-border payments and stablecoins were repeatedly active, with multiple stocks including Zhongyi Technology, Jingbeifang, and Xinya Da also hitting the daily limit. Real estate stocks saw intraday gains, with Yukaifa, Shahe Co., and Nanshan Holdings hitting the daily limit. On the downside, the innovative drug concept rose sharply before retreating, with Kexing Pharmaceutical falling over 15%. More stocks rose than fell, with over 3,200 stocks in the Shanghai, Shenzhen, and Beijing markets in the green, and today's trading volume exceeded 1.22 trillion. By the close, the Shanghai Composite Index rose 0.02%, the Shenzhen Component Index fell 0.7%, and the ChiNext Index fell 1.21%

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**