Closing: ChiNext Index rose by 1.65%, military industry stocks surged across the board.

date
08/05/2025
The three major indexes collectively closed higher, with the ChiNext Index rising more than 1%. In terms of sectors, the military industry concept continued to soar, with the aviation sector leading the gains. Seven-Feng Precision Engineering Co., Ltd. rose by the daily limit of 30cm, while China Aviation Industry Corporation and Huawoo Co., Ltd. both rose by 20cm. The copper cable high-speed connection concept showed strength, with Waller Nuclear Materials closing at the daily limit. The CPO concept strengthened, with Cambridge Technology rising to the daily limit. The gold concept fluctuated lower, with Caibai Co., Ltd. and Chaohongji leading the declines. PEEK materials experienced a pullback, with Zhongxin Fluoride Materials falling to the daily limit. Agricultural stocks collectively adjusted, with the planting sector leading the declines, with Qiule Seed Industry leading the losses. Overall, more stocks rose than fell, with over 3800 stocks rising. By the close, the Shanghai Composite Index was at 3352.00 points, up 0.28%; the Shenzhen Component Index was at 10197.66 points, up 0.93%; and the ChiNext Index was at 2029.45 points, up 1.65%. On the market, the aerospace concept, military electronic, and copper cable high-speed connection sectors led the gains, while precious metals, soybeans, and PEEK materials sectors posted the biggest declines.