The Shanghai Composite Index fluctuated and rose by 0.5%, with rare earth and lithium mining stocks collectively strengthening
The Shanghai Composite Index fluctuated and strengthened throughout the day, while the ChiNext Index rose and then fell back. The rare earth permanent magnet sector saw a collective surge, with China Northern Rare Earth Group and Dongfang Zirconium hitting the daily limit. Lithium mining stocks rose and fell, with Jinyuan Co. and Shengxin Lithium Energy hitting the daily limit. The innovative drug concept continued to be active, with ALK hitting the daily limit and BrightGene rising over 10%, both reaching historical highs. On the downside, the photovoltaic sector adjusted, with Yamaton hitting the daily limit. Individual stocks showed mixed performance, with today's trading volume at 1.59 trillion. By the close, the Shanghai Composite Index rose 0.5%, the Shenzhen Component Index rose 0.37%, and the ChiNext Index rose 0.34%