Shanghai Composite gains 1.15%, ChiNext rises 3.16% as Changxin Technology surges 465%

On July 27, all four major A-share indexes closed higher. The Shanghai Composite Index rose 1.15%, the Shenzhen Component Index gained 2.72%, the ChiNext Index added 3.16%, and the STAR Composite Index increased 2.49%. Changxin Technology surged 465%, with a turnover of 141.1 billion yuan and a total market capitalization of 3.27 trillion yuan.

In terms of concept sectors, MLCC concept stocks rose sharply, with Fenghua Gaoke and Sidike hitting the daily limit up. PCB, brain-computer interface, lithium battery, CRO, and AI application concept stocks were also active. Insurance stocks weakened, with China Life Insurance and Ping An Insurance falling more than 1%. The total turnover on the Shanghai and Shenzhen exchanges was 2.08 trillion yuan, an increase of 145.5 billion yuan from the previous trading day. Nearly 5,200 stocks rose across the market, and over 100 stocks hit the daily limit up.