---
title: "Midday Review: The Shanghai Composite Index fluctuated narrowly, rising 0.35%, continuing to set a new ten-year high, with the cross-border payment sector strengthening"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253908856.md"
description: "At noon, the Shanghai Composite Index rose by 0.35%, the Shenzhen Component Index rose by 0.45%, and the ChiNext Index rose by 0.21%. The cross-border payment sector performed strongly, with Sanwei Xinan and BRILLIANCE TECH. hitting the daily limit. The oil and gas extraction and service sector also rose, with Huai Oil Co., Ltd. hitting the daily limit. The combustible ice sector performed well, with Xinjin Power and Shenkai Co., Ltd. rising over 8%. In contrast, the PCB concept and liquid cooling server sectors experienced adjustments, with Suntak nearing the daily limit down"
datetime: "2025-08-21T03:32:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253908856.md)
  - [en](https://longbridge.com/en/news/253908856.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253908856.md)
---

# Midday Review: The Shanghai Composite Index fluctuated narrowly, rising 0.35%, continuing to set a new ten-year high, with the cross-border payment sector strengthening

The three major indices collectively closed higher. As of the midday break, the Shanghai Composite Index rose by 0.35%, the Shenzhen Component Index rose by 0.45%, and the ChiNext Index rose by 0.21%. The Beijing Stock Exchange 50 Index fell by 0.96%. The total transaction amount in the Shanghai, Shenzhen, and Beijing markets reached 1.5912 trillion yuan, an increase of 56.2 billion yuan compared to the previous day. More than 2,500 stocks in the entire market rose. In terms of sectors, cross-border payment, oil and gas exploration and services, and combustible ice sectors rose, while the PCB concept and liquid-cooled server sectors adjusted. On the market, the cross-border payment sector strengthened, with Sanwei Xinan and New Morning Technology hitting the 20% daily limit. China National Petroleum Capital and Tianrongxin also hit the daily limit. The oil and gas exploration and services sector rose, with Huai Oil Co., Ltd. hitting the daily limit. The combustible ice sector strengthened, with New Jin Power and Shenkai Co., Ltd. rising over 8%. The PCB concept weakened, with Suntak approaching the daily limit down. The liquid-cooled server sector weakened, with Tenglong Co., Ltd. and Jintian Co., Ltd. hitting the daily limit down

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