A-shares closed mixed: Shanghai Composite, which rose over 1% intraday, ended up 0.44%; Shenzhen Composite Index fell 0.53% and ChiNext Index dropped 1.89% after a weak open. Turnover exceeded 3.5 trillion yuan and more than 4,000 stocks advanced. Large financials led gains, with brokerages, insurers and internet finance rallying. Innovative drug stocks recovered from session lows; livestock and baijiu outperformed. Technology names retreated in the afternoon; CPO, optical-fiber and high-speed c

2026-07-01

A-shares closed mixed: Shanghai Composite, which rose over 1% intraday, ended up 0.44%; Shenzhen Composite Index fell 0.53% and ChiNext Index dropped 1.89% after a weak open. Turnover exceeded 3.5 trillion yuan and more than 4,000 stocks advanced. Large financials led gains, with brokerages, insurers and internet finance rallying. Innovative drug stocks recovered from session lows; livestock and baijiu outperformed. Technology names retreated in the afternoon; CPO, optical-fiber and high-speed copper-cable concepts were among the biggest decliners. Photovoltaic equipment remained weak all day; Sungrow fell 13.9%.