A-shares closing: The SSE 50 Index rose by 1.65%, with over 20 liquor stocks hitting the daily limit

Wallstreetcn
2026.01.29 07:03

The market fluctuated throughout the day, with the three major indices showing mixed results. The SSE 50 index briefly rose over 2% at the close. Liquor stocks surged in the afternoon, with over 20 stocks including WLY and SHANXI FEN WINE hitting the daily limit, and Moutai soaring over 8%. The precious metals sector continued its upward trend, with China Gold achieving five consecutive limit-ups and Hunan Gold four consecutive limit-ups. AI application stocks performed actively, with companies like InnoCare and Zhejiang Wenlian hitting the daily limit. On the downside, semiconductor stocks adjusted, with Jingyi Equipment and Mingwei Electronics dropping over 7%. More stocks declined than rose, with over 3,500 stocks in the Shanghai, Shenzhen, and Beijing markets in the red, and today's trading volume nearing 3.26 trillion. By the close, the Shanghai Composite Index rose 0.16%, the Shenzhen Component Index fell 0.3%, and the ChiNext Index dropped 0.57%