The Shanghai Composite Index extended gains in mainland China's stock market on the 5th, closing 1.47% higher at 3,878.43 points, its highest level in about three weeks since July 16. The Shenzhen Component Index rose 1.86% to 14,144.20 points. Combined trading volume on the Shanghai and Shenzhen exchanges was roughly 2.66 trillion yuan. Strong earnings from Caterpillar and Palantir in the previous day's New York market reaffirmed the sustainability of AI demand, sparking a wave of buybacks centered on semiconductor and high-tech stocks, a trend that carried over into the mainland market. By sector, semiconductors, electronic chemicals, electronic components, precious metals, and rare metals were higher, while banks, construction, coke, and pharmaceutical distribution were sold. In the A-share market, Foxconn Industrial Internet hit its daily limit up, while Unigroup Guoxin, Han's Laser Technology Industry Group, NAURA Technology Group, and Sanan Optoelectronics extended sharp gains, and Zijin Mining Group also attracted buying. On the other hand, Shanghai RAAS Blood Products, Huadong Medicine, China CITIC Bank, Sinopec, and Luzhou Laojiao bucked the trend and fell.
Luzhou Lao Jiao Co Ltd
Unisplendour Corp Ltd
Huadong Medicine Co Ltd
Han'S Laser Tech A
NAURA Technology Group Co Ltd
Sanan Optoelectronics Co Ltd
Foxconn Industrial Internet Co Ltd
Zijin Mining Group Co Ltd Class A
China Citic Bank Corp Ltd Class A