Skip to Content Facebook Feature Image

CGTN on Chinese stock market's Wednesday performance

China

China

China

CGTN on Chinese stock market's Wednesday performance

2025-07-30 21:04 Last Updated At:21:37

Chinese stocks closed mixed on Wednesday, with the benchmark Shanghai Composite Index up 0.17 percent to 3,615.72 points.

The Shenzhen Component Index closed 0.77 percent lower at 11,203.03 points.

The combined turnover of these two indices stood at about 1.84 trillion yuan (about 257.6 billion U.S. dollars), up from 1.8 trillion yuan the previous trading day.

Stocks related to petroleum and ceramics led the gains, while stocks in the glass and auto sectors suffered major losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 1.62 percent to close at 2,367.68 points.

Zhu Zhu, a China Global Television Network (CGTN) reporter, recapped Wednesday's Chinese stock market performance, with analysis as follows:

"The Shanghai Composite Index closed at 3,615, up around 0.2 percent, while the Shenzhen Component Index ended at 11,203, down about 0.8 percent. Entertainment sector stocks remained strong throughout the day, with Happiness Blue Ocean hitting the 20-percent daily limit. Jinyi Cinemas, Ciwen Media and others also hit their upper limits during trading. Among baby and child-related concept stocks, multiple shares such as Sunshine Dairy and Beingmate hit their upper limits. The agriculture sector rebounded after an early dip. The rare earth permanent magnet sector saw volatility, with Shenghe Resources and Huahong Technology among the top losers," she said.

CGTN on Chinese stock market's Wednesday performance

CGTN on Chinese stock market's Wednesday performance

China on Friday sent a sea-launched rocket from the waters near the eastern province of Shandong, placing a group of satellites into planned orbit.

The commercial rocket, CERES-1 Y7, blasted off at 04:10 (Beijing Time), carrying the satellites belonging to the Tianqi constellation. The Taiyuan Satellite Launch Center conducted this offshore mission.

China's commercial rocket launches new satellites from sea

China's commercial rocket launches new satellites from sea

Recommended Articles