China A-shares closed sharply higher. Shanghai Composite +1.79%, Shenzhen Composite Index +4.81%, ChiNext +7.05%, Sci‑Tech Innovation 50 Index +10.73% — the latter marking a fresh YTD single‑day high. Chip supply chain rallied broadly; memory chips, advanced packaging and CPO led gains. MLCCs, PCBs, OLED, glass substrates and optical fiber were among top-performing sectors. About 3,100 stocks advanced and more than 120 hit daily limit-ups. Turnover across Shanghai and Shenzhen reached 2.95 trill

2026-07-21

China A-shares closed sharply higher. Shanghai Composite +1.79%, Shenzhen Composite Index +4.81%, ChiNext +7.05%, Sci‑Tech Innovation 50 Index +10.73% — the latter marking a fresh YTD single‑day high. Chip supply chain rallied broadly; memory chips, advanced packaging and CPO led gains. MLCCs, PCBs, OLED, glass substrates and optical fiber were among top-performing sectors. About 3,100 stocks advanced and more than 120 hit daily limit-ups. Turnover across Shanghai and Shenzhen reached 2.95 trillion yuan, up over 250 billion yuan versus yesterday.