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<A Shrs>3 Major A-shr Indices Up 0.6-1.1% at Close; Lithium, Innovative Drugs, Optical Communication Concept Stocks Surge
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The three major A-share indices opened lower but closed higher. The Shanghai Composite Index mounted 24 points or 0.6%, closing at 3,913, with a turnover of RMB777.9 billion. The Shenzhen Component Index added 153 points or 1.1%, closing at 13,760, with a turnover of RMB10.5 trillion. The ChiNext Index rose 23 points or 0.7%, closing at 3,295, with a turnover of RMB460.8 billion.

Optical communication concept stocks leapfrogged, with TKD SCI AND TECH (603738.SH) hitting the day’s limit. OPTOWIDE TECHNOLOGIES (688195.SH) swelled 10.6%.

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Innovative drug concept stocks advanced, with WANBANGDE (002082.SZ) and MENOVO (603538.SH) both hitting the day’s limit. HENGRUI PHARMA (600276.SH) spiked 6.9%.

Besides, CATL (300750.SZ) soared 3.4%. BYD (002594.SZ) also rallied 2.1%. Lithium mining stocks were actively traded, with JIANG SPECIAL ELECTRIC (002176.SZ) and YONGXING MATERIALS (002756.SZ) both hitting the day’s limit. GANFENG LITHIUM (002460.SZ) hit the day’s limit. TIANQI LITHIUM (002466.SZ) jumped up 6.9%.
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