This week (August 18th to August 22nd), the three major A-share indices continued their upward trend. As of Friday's close, the Shanghai Composite Index accumulated a gain of 3.49%, the Shenzhen Component Index rose by 4.57%, and the ChiNext Index increased by 5.85%.
In terms of individual stocks, 4,293 stocks posted positive gains this week, while 1,069 stocks declined. Sector-wise, concepts like Huawei HiSilicon, consumer electronics, and digital currency took turns rising, with technology themes remaining the market's focus. For individual stocks, Kesen Technology (603626.SH) led the weekly gainers list with a cumulative increase of 61.14%, having reached the daily limit-up for 6 consecutive trading days; Cambricon (688256.SH) rose by 34.59% this week, with its share price breaking through the 1000 yuan mark. Regarding trading volume, the highest weekly market turnover exceeded 2.7 trillion yuan, hitting a recent high.
Index Overview
At the index level, all major A-share indices saw significant gains this week. The STAR Market 50 Index led the major indices with a cumulative weekly gain of 13.31%. Additionally, the Beijing Stock Exchange 50 Index and the ChiNext Index rose by 8.4% and 5.85% respectively, also ranking among the top gainers. After this week's substantial rise, the year-to-date gain for the Beijing Stock Exchange 50 Index has reached 54.20%, making it a standout performer.
Trading Volume Tracking
In terms of market trading volume (lìàng néng - energy/volume), A-share market turnover expanded again this week. Monday's turnover reached 2.7642 trillion yuan. Although it shrank in the following sessions, it remained above 2.4 trillion yuan, showing an increase compared to last week and indicating sustained active trading in the A-share market.
Sector Focus
In terms of sectors, the top-performing concept sectors this week were Huawei HiSilicon Concept, F5G Concept, Wireless Headphones, AI Glasses, and Digital Currency, with cumulative gains of 6.9%, 6.02%, 5.71%, 5.51%, and 5.22% respectively.
