A-Share Mid-Day Review: Three Major Indices Rise, Shanghai Index Up 0.51%, ChiNext Index Up 0.91%, Northbound 50 Index Down 0.33%! Brain-Computer Interface and Gas Station Board Lead the Way! Over 1800 Stocks Rise, Trading Volume Hits 12101 Billion with a
August 12th, Graceland Review|A-share three major indices collectively rose at mid-day, with Shanghai Index up 0.51% to 3666.33 points, Shenzhen Component Index up 0.34%, and ChiNext Index up 0.91%. Northbound 50 Index fell 0.33%. Shanghai, Shenzhen, and Beijing markets saw a trading volume of 12101 billion yuan, an increase of 605 billion from the previous day, with over 1800 individual stocks rising.
On the trading floor, the implementation plan for industrial innovation and development was released, and brain-computer interface concepts surged. Macrolide rose nearly 17%, and Shengyuyi Medical rose over 10%. The port and shipping board saw a short-term rally, with Nanjing Port (002040) halted, China Airlines Long-Haul rose nearly 11%. The gas station board saw a strong rise across the board, with East Ring (60370) and Xinjiang Firecracker (603080) halted, and Sand Creek Shares (000014) and Electronic City (600658) halted.
The property sector saw a general rise, with Sand Creek Shares (000014) and Electronic City (600658) halted. Bank stocks collectively rose, with Agricultural Bank (601288) and China Banking Corporation (601818) rose over 2% to a new high.
Additionally, lithium mining stocks retreated, with Yong'an Lithium and Fusion Shares (002192) fell over 4%. Lithium mining division called for resisting "vicious competition". Military equipment board declined, with Tech and Shengao Resources (600392) fell over 5%. Rare earth permanent magnet concept stocks generally declined, with Jiuwu High-Tech (300631) fell over 4%.(Graceland Review)