The three major A-share indices of Shanghai and Shenzhen rebounded throughout the day by 1.3% to 2.2%, with aerospace and military stocks strengthening, while the three major telecommunications companies continued to weaken against the trend
The three major A-share indices rebounded throughout the day, with the Shanghai Composite Index rising 1.3% to 4,067 points, the Shenzhen Component Index rising 2.2% to 14,127 points, and the ChiNext Index rising 1.9% to 3,224 points. The central parity rate of the RMB against the US dollar was adjusted to 6.9608. The People's Bank of China conducted a reverse repurchase operation of 105.5 billion yuan, with a net withdrawal of 296.5 billion yuan for the day. Aerospace and military stocks performed strongly, with XI'AN TRIANGLE DEFENSE and others rising by 18%. Telecommunications stocks fell against the market trend, with China Mobile and others declining between 0.4% and 1.4%
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