A-Share Review: Three Major Indices Surge, Shanghai Composite and Shenzhen Component Both Reach New Highs, ChiNext Index Rises Nearly 2%, PEEK Material, Lithium Concept Erupt! Over 4,200 Stocks Rise, Turnover Hits 18.5 Trillion, with a 1136 Billion Increa

　　Glon Huang August 11th｜A-Share Three Major Indices Surged Today, Shanghai Composite and Shenzhen Component Both Reach New Highs; as of the closing bell, the Shanghai Composite rose 0.34% to 3647 points, the Shenzhen Component rose 1.46%, and the ChiNext Index rose 1.96%. The total trading volume reached 18.5 trillion yuan, an increase of 1136 billion compared to the previous trading day, with over 4,200 stocks rising.

　　On the trading floor, PEEK material concepts burst forth, with companies such as Jinfa Technology and Superjet Shares suspended due to trading limits. The lithium concept also surged, with Ningde Times (300750), Tianqi Lithium (002466), Ganzhou Lithium Industry (002460) and other companies suspending their shares. The PCB, consumer electronics and other sectors saw a late-day rebound, with companies such as Datong Laser (002008), Deep Tech A and Wei Higher Technology suspended due to trading limits. 3D glass, power equipment, incubated diamonds, liquid cooling concepts and smart wearables led the gains. Additionally, precious metals, gold and silver prices fell sharply, with China Gold Resources (600988) plummeting over 5%. The shipbuilding sector also weakened, with China Shipbuilding (600150) leading the decline. Railway, highway, and other sectors saw their prices drop as well.