A-share close: ChiNext Index rebounds from bottom, up 1.55%, over 4200 stocks rise across the market

July 29th, according to a report by Cailian Press, the market bottomed out and rebounded, with the three major indices closing higher collectively. The turnover in the Shanghai and Shenzhen markets reached 2.3 trillion yuan, an increase of 270.8 billion yuan compared to the previous trading day. In terms of sectors, market hot spots rotated rapidly, with over 4,200 individual stocks rising across the market. Looking at the sectors, the big consumption sector strengthened against the trend, with the food and beverage direction leading the gains. Yiming Food had its second consecutive daily limit, while Juneyao Health, Bestore, Huanlejia, and Lizi Garden all hit their daily limits. The big finance sector rose in the afternoon, with Hualin Securities hitting its daily limit in a straight line. The retail concept performed actively, with Dongbai Group having its second consecutive daily limit, and Guoguang Chain Store and Guofang Group hitting their daily limits. The on-device AI concept experienced abnormal fluctuations and pulled up, with Broadcom Integrated Circuits and Guoguang Electric hitting their daily limits in a straight line. The power grid equipment sector fluctuated and rebounded, with Hanlan Power, Sanbian Technology, and Haixing Electric hitting their daily limits. The solid-state battery concept strengthened, with Jinlongyu and Lingpai Technology hitting their daily limits. On the downside, the brain-computer interface concept fluctuated and adjusted during the day, with Innovation Medical closing at its daily limit, and Beiyikang falling by more than 10%. As of the close, the Shanghai Composite Index rose by 0.4%, the Shenzhen Component Index rose by 1.1%, and the ChiNext Index rose by 1.55%.