Closing Review: The ChiNext Index opened lower but rose to close up 1.49%, with consumer stocks becoming active in the afternoon.

date
12/08/2026
The three major A-share indexes all rose today. By the close, the Shanghai Composite Index was up 0.32%, the Shenzhen Component Index rose 1.09%, the ChiNext Index increased by 1.49%, the BeiZheng 50 climbed 0.23%, and the Sci-Tech 50 Index gained 1.61%. The total market turnover was 21,672 billion yuan, a decrease of 1,684 billion yuan compared to the previous day, with over 4,100 stocks in the market gaining. In terms of sectors, real estate, fiber optic concept, CPO, communication equipment, and education sectors led the gains; while oil and gas extraction and services, combustible ice, fentanyl, and coal mining and processing sectors had significant losses. On the market, the real estate sector continuously soared in the afternoon, with stocks such as Binhai Group, Urban Construction Development, Rongsheng Development, China Communications Development, and Shoukai Co., Ltd. hitting the daily limit. Tefa Services, Huayuan Holdings, and China Merchants Shekou also had notable increases. The fiber optic concept remained strong throughout the day, with Changjin Photonics and Juguang Technology hitting the daily limit, while Zhichun Technology, Tongding Interconnection, and Yongding Co., Ltd. also reached the limit, with Changying Tong, Zhishang Technology, and Guangku Technology seeing substantial gains. The food processing and manufacturing sector made a strong ascent in the afternoon, with stocks such as Anji Video, Haoxiangni, and Baihe Co., Ltd. reaching the daily limit, while Gaishi Foods, Lianhua Holdings, Yizhi Magic Taro, and Zhu Laoliu led in gains. The oil and gas extraction and services sector remained sluggish throughout the day, with Shouhua Gas, Tongyuan Petroleum, and Keli Co., Ltd. experiencing notable declines.