---
title: "A-shares closing: The Shanghai Composite Index rose 0.7%, reaching a new high for the year, with the photovoltaic sector experiencing a collective surge"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247583247.md"
description: "The A-share market fluctuated strongly throughout the day, with the Shanghai Composite Index rising 0.7% to set a new high for the year, approaching 3,500 points, and the ChiNext Index rising over 2%. The photovoltaic sector collectively surged, with multiple stocks hitting the daily limit. The PCB and other computing power sectors continued to strengthen, with several stocks like Industrial Fulian and BOMIN ELECTRONICS hitting the daily limit. The innovative drug concept maintained its strong momentum, with more stocks rising than falling. Over 4,200 stocks in the Shanghai, Shenzhen, and Beijing markets were in the green, with today's trading volume exceeding 1.47 trillion"
datetime: "2025-07-08T07:03:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247583247.md)
  - [en](https://longbridge.com/en/news/247583247.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247583247.md)
---

# A-shares closing: The Shanghai Composite Index rose 0.7%, reaching a new high for the year, with the photovoltaic sector experiencing a collective surge

The A-share market fluctuated strongly throughout the day, with the Shanghai Composite Index approaching 3,500 points, setting a new high for the year, and the ChiNext Index rising over 2%. The photovoltaic sector saw a collective surge, with Tongwei Co., Ltd., Junda Co., Ltd., and more than ten other stocks hitting the daily limit. The PCB and other computing power sectors continued to strengthen, with FII, BOMIN ELECTRONICS, and several other stocks also hitting the limit. The innovative drug concept maintained its strong momentum, with Medicyte, Lianhuan Pharmaceutical, and Hasen Group all hitting the daily limit. More stocks rose than fell, with over 4,200 stocks in the Shanghai, Shenzhen, and Beijing markets in the green, and today's trading volume exceeded 1.47 trillion. By the close, the Shanghai Composite Index rose 0.7%, the Shenzhen Component Index rose 1.47%, and the ChiNext Index rose 2.39%

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