Chinese Stock Market: Main Indices Decline, Shanghai Composite Falls 0.19%, Shenzhen Component Index Rises 0.11%! Over 2900 Stocks Rise, Trading Volume Contracts by 1497 Billion

August 1, GradeOne August 1 - The Chinese stock market saw mixed performances, with the Shanghai Composite falling 0.19% to 3566.55 points, the Shenzhen Component Index declining 0.15%, and the ChiNext Index dropping 0.16%. Northbound trading volume reached ¥10081 billion, a contraction of ¥1497 billion from the previous day, with over 2900 stocks rising.

The pharmaceutical sector saw strong performances, with Lide Pharma(300289) and Guizhou Baiying(002424) rising by 20 cm and reaching their daily limits. The solar energy equipment sector also saw strong performances, with Jia Wei(300724) and Shuang Liang Energy(600481) both reaching their daily limits.

The unified market concept remained active, with Shentong Express(002468) and Yunda Logistics(002120) both reaching their daily limits. The Ministry of Commerce will conduct research and formulate a plan for the comprehensive promotion of national unified market construction.

Additionally, concept stocks related to film and television, such as Jinyi Film(002905) and Happiness Blue Ocean(300528), saw significant declines, while AI concept stocks such as Inse Group(300781) and Yuanlong Atlas(002878) also saw declines. Military equipment stocks generally fell, with Beijing Navigation(600435) and China Railway Construction(002935) both falling more than 4%.