Review: Shanghai Composite Index fluctuated and rose sharply by 1.04%, hitting a new 10-year high. The liquor sector showed strong performance across the board.

date
20/08/2025
The three major indexes of A-shares collectively closed higher, with the Shanghai Composite Index up 1.04%, the Shenzhen Component Index up 0.89%, and the ChiNext Index up 0.23%. The Bei50 Index rose 1.16%. The total turnover of the Shanghai, Shenzhen, and Beijing markets throughout the day was 2.4484 trillion yuan, a decrease of 192.3 billion yuan from the previous day. Over 3600 stocks in the entire market rose. In terms of sectors, the liquor, non-ferrous metals, and semiconductor sectors rose, while the biopharmaceutical and film and television sectors adjusted. On the market, the liquor sector continued to strengthen, with Jiugui Liquor hitting the daily limit and Shede Jiuyu rising over 7%. The non-ferrous metals sector strengthened, with East China Mineral and Yunnan Germanium Industry hitting the daily limit. The semiconductor sector rose in the afternoon, with Shengke Communication 20CM hitting the daily limit. The biopharmaceutical sector adjusted, with Fuyuan Pharmaceutical and Chenxin Pharmaceutical hitting the daily limit. The film and television sector adjusted, with Ciwen Media and Huace Film & TV falling by over 6%.