A-share market trend | Shanghai Composite Index closed up 1.2%, regaining the 4000 mark after losing it.

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Mainland China stocks rose. The Shanghai Composite Index closed up nearly 1.2%, regaining the 4,000-point level after having slipped below it. Combined trading value across both markets totaled 3.52 trillion yuan (RMB, same below).

The Shanghai Composite Index briefly fell below the 4,000-point threshold, dropping as much as 34 points or 0.86% to a low of 3,992 points. Afterward, buy orders absorbed the selling pressure, and the market reversed to stabilize. It climbed back up, rising as much as 48 points or 1.19%, reaching a high of 4,075 points. The index finished the day at 4,073 points, up 46 points or 1.16%. Turnover was 166.62 billion yuan.

The Shenzhen Component Index rose as much as 156 points or 0.99%, reaching a high of 15,938 points, before selling pressure appeared. The market then drifted lower, falling as much as 294 points or 1.86% to a low of 15,487 points, before finding support. In the late session, selling eased and the index steadied, closing at 15,812 points, up 30 points or 0.19%. Turnover was 185.1524 billion yuan.

The CSI 300 Index closed at 4,926 points, up 58 points or 1.21%. The ChiNext Index closed at 4,216 points, up 22 points or 0.54%.

Sectors saw mixed performance: biopharmaceutical stocks rose by more than 6%; chemical, financial, and media & entertainment stocks rose by more than 1%; coal, steel, cement, non-ferrous metals, and power stocks held steady; electronics and auto manufacturing stocks fell by more than 1%; real estate and oil stocks were soft.

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