---
title: "The three major indices of A-shares in Shanghai and Shenzhen rose 0.6%-2.3% in the first half of the day, with domestic property, electricity, and innovative pharmaceutical concept stocks continuing to rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247570128.md"
description: "The three major A-share indices performed well in the morning session, with the Shanghai Composite Index rising 0.6% to 3,493 points, the Shenzhen Component Index rising 1.3% to 10,568 points, and the ChiNext Index rising 2.3% to 2,178 points. Domestic real estate, power, and innovative pharmaceutical concept stocks continued to rise, with UKF and HUCD hitting the daily limit, and Jinshi Technology and DHEP also reaching the daily limit. The central parity rate of the RMB against the USD was reported at 7.1534, down 28 points"
datetime: "2025-07-08T03:30:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247570128.md)
  - [en](https://longbridge.com/en/news/247570128.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247570128.md)
generator: "portal-rs"
---

# The three major indices of A-shares in Shanghai and Shenzhen rose 0.6%-2.3% in the first half of the day, with domestic property, electricity, and innovative pharmaceutical concept stocks continuing to rise

The People's Bank of China today (8th) conducted a 69 billion yuan (same below) seven-day reverse repurchase operation in the open market, with the operation interest rate remaining at 1.4%. Today, 131 billion yuan of reverse repos are maturing, resulting in a net withdrawal of 62 billion yuan. The central parity rate of the yuan against the US dollar is reported at 7.1534, down 28 points.

The three major A-share indices performed well in the morning session. The Shanghai Composite Index closed at 3,493 points at noon, up 0.6%, with a turnover of 340.4 billion yuan; the Shenzhen Component Index closed at 10,568 points at noon, up 132 points or 1.3%, with a turnover of 532.6 billion yuan; the ChiNext Index closed at 2,178 points at noon, up 48 points or 2.3%, with a turnover of 264 billion yuan.

Banking stocks such as China Construction Bank (601939.SH) and Industrial and Commercial Bank of China (601398.SH) rose by 0.3% and 0.5%, respectively.

Real estate-related stocks continued to rise, with Yu Development (000514.SZ) and Hefei Urban Construction (002208.SZ) both hitting the daily limit. Tefa Service (300917.SZ) rose another 1.6%.

Power and power equipment concept stocks continued to rise, with Jinshi Technology (002951.SZ) and DHEP (600744.SH) hitting the daily limit again. Huaguang Huaneng (600475.SH) and Shenzhen Nanshan Electric A (000037.SZ) rose by 7.3% and 3%, respectively.

Innovative drug concept stocks took turns to rise, with Guangshengtang (300436.SZ) and Hainan Haiyao (000566.SZ) rising by 5.9% and 3.4%, respectively. Ha Sanlian (002900.SZ) hit the daily limit.

Contemporary Amperex Technology Co., Limited (300750.SZ) rose by 1.4%. Luxshare Precision (002475.SZ) and Yiwei Lithium Energy (300014.SZ) rose by 1.4% and 1.7%, respectively. BYD (002594.SZ) underperformed the market, rising less than 1 point at noon

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