A-Share Review: Index Trends Diversify, Shanghai Composite Rises 0.17%, Shenzhen Composite Falls 1.62% Northbound, Fisheries, Infant Concepts, and Dairy Stocks Surge! Over 3,500 Stocks Fall, Turnover Reaches 18.7 Billion, with an Increase of 417 Billion

格隆汇 July 30th | A-share three major indices diverged today, with the Shanghai Composite rising 0.17% to close at 3615 points, while the Shenzhen Composite fell 0.77%, and the ChiNext Index dropped 1.62% to 2367 points. Total turnover reached 18.7 trillion yuan, an increase of 417 billion from the previous trading day, with over 3,500 stocks falling.

On the market, the fisheries sector surged, with China Water & Power Development(000798) hitting the daily limit. Infant concepts, dairy stocks, and travel-related sectors also surged, with Sunshine Dairy and Beinmei(002570) hitting the daily limit. The travel and hotel sector also performed well, with many stocks rising to new highs. The film and television concept was active, with Happiness Blue Ocean(300528) and Cicai Media(002343) among the stocks that hit new highs. Other sectors such as shipbuilding, oil and gas, food and beverages, and digital currency also performed well. However, the digital currency sector fell sharply, with East Heaven Peace(002017) falling sharply. The battery sector also fell, with Xin Yu People dropping over 7%. The multi-financial sector was down across the board, with China Oil Capital(000617) falling nearly 8%. The small metal, cross-border payment, and engineering machinery sectors were among the worst performers. (Groron)