Chinese Stock Market Mid-Day Review: Three Major Indices Surge, Shanghai Composite Rises 1.18%, Shenzhen Component Index Up 4.59%, A-Share Market Value Breaks Through 100 Trillion CNY! Over 4400 Stocks Rise, Trading Volume Hits 17.467 Billion CNY

　　Glorion 8 August 2022｜A-share three major indices collectively rose, as of mid-day, the Shanghai Composite Index rose 1.18% to 3740.5 points, breaking the previous high on August 21, 2015; the Shenzhen Component Index rose 2.25%, and the ChiNext Index rose 3.63%, setting new highs since April and February this year. A-share market value broke through 100 trillion CNY, setting a new record! The Shanghai, Shenzhen, and Beijing markets saw trading volume of 17.467 billion CNY, an increase of 4.196 billion CNY from the previous day, with over 4400 stocks rising.

　　On the market, the film and television sector performed strongly, with Bona Film Group, China Film Group (300133), and Hengxin Media (002343) rising to their daily limits. The box office total for summer films is approaching 10 billion CNY. The liquid cooling server concept saw a surge in trading volume, with Jin Tian Group (002272) and Chuang Xin Communication (000063) setting new highs.

　　The consumer electronics sector rallied, with Yishi Innovation and Yidong Electronics rising to their daily limits. The rare earth permanent magnet concept saw a strong performance, with Beijing Rare Earth (600111), Huayun Technology, and other stocks setting new highs. Additionally, the gold mining sector saw adjustments, with Shanxi Gold (600547) and Chifeng Gold (600988) falling over 1%.