The three major A-share indices of Shanghai and Shenzhen rose by 0.4% to 0.9% in the first half of the day, with Cambricon falling nearly 13% and aerospace military industry stocks strengthening
The three major A-share indices rose by 0.4% to 0.9% in the half-day session. The central parity rate of the RMB against the USD was adjusted up by 87 points to 6.9608. The People's Bank of China conducted a 105.5 billion yuan seven-day reverse repurchase operation, with the interest rate maintained at 1.4%. The Shanghai Composite Index closed at 4,031 points, the Shenzhen Component Index at 13,952 points, and the ChiNext Index at 3,289 points. Domestic bank stocks were slightly weak, the three major oil stocks continued to decline, and AI chip stock Cambricon fell nearly 13%. Aerospace and military industry stocks performed strongly, with an increase of 8.2% to 11.3%
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